I've reviewed all the tweets by Vystar's corporate twitter account since the official PR of the Merger. I've listed a quick summary of important tweets showing tremendous progress. Remember, these are only tweets from the corporate twitter account, NOT counting all the other amazing info found in texts, emails, conversations, videos, etc...
Tweets in order by date:
Vystar acquires Rotmans Furniture, largest furniture store in New England, and one of largest in USA. 150+ employees and $30 Million in 2018 Revenue
Shareholders invited to tour Rotmans, meet employees and chat with management.
In only 7 days since acquisition, Rotmans brought VYST $737,539.44 in revenue - More than double the entire VYST annual revenue pre-Rotmans
A reverse split was NEVER brought up as a topic of discussion for the current board. It was just permitted by previous board if needed - but that's it
In 14 days since acquisition, Rotmans booked $1,501,919.06 in revenue for VYST
In 21 days since acquisition, Rotmans booked $2,327,113.40 in revenue for VYST. That includes last week's total of $825,194.34
Outstanding Share: Currently at around 1.1 Billion, with 8 million that might get cancelled
Vystar paid off ALL toxic debt multiple quarters ago, in many cases with cash. Combating false information that VYST still has toxic debt
In the last 2 days alone (8/15 and 8/16) Rotmans booked $250k in revenue - with still half of today left. These 2 days surpassed all last year pre-Rotmans
Vystar applies 100% of Rotman's revenues to their books, not 58%. All Rotman revenue is consolidated into VYST
Record: In 2 days (Sat and Sun), Rotmans did $1,122,900 in revenue for VYST
In 30 days since acquisition, Rotmans booked $3,932,121 in revenue for VYST. On these sales, the Avg Gross Profit was at 48.97%, or $1,925,560
Rotmans is one of the largest independent furniture retailers in the United States. Now they are with VYST
June 10Q highlights: YOY - assets at over $3MM (up $500k), Liabilities decreased $1MM, Revenue up 200%, Net Loss cut in half, Cash up 10x, Operating expense down by more than $1MM, Paid off a $1.5MM loan, CEO gave bank personal guarantees on VYST loans, VYST now covered by Hard Assets (real estate worth $1MM), VYST inventory of $5.3MM, Total assets over $10MM, Vystar now owns Netsuite $2MM Accounting Package, Shipping, Warehousing (over 100k sq. ft.), Trucking, Vystar now has Marketing Dept Staff of 11, Credit Department, etc..
Great job at the International Latex Conference where Dr. Matthan presented VYST's disruptive initiatives on Aug 8, 2019
Just got new samples of Vytx exam gloves. All benefits of latex, stronger, thinner, better tactile feel, but eliminates latex allergies
Health Care is a big market for us. Latex allergies are compounded 100X in health care due to constant exposure.
Gloves: We are producing 250k gloves for sample testing with a few interested partners. 30 day trial with 4 facilities spending $60MM annually on gloves.
Production Cost: compared to synthetic latex, Vytex costs 2% more to produce, but saves about 15% in latex waste to start machines
Vytex slabs need liquid Vytex to produce. We have a contract with Centrotrade (now Corrie Maccoll) to supply around the world
Corrie Maccoll also supplies vytex to make electrical contractor gloves used on high power lines, glue for sneakers, balloons, etc.
Steven Rotman also runs a foundation that gives to schools and helps families (with kids) get off drugs. Provides housing, jobs, transport, etc.
Giving Back: Since 1992, Rotmans gave over $1 million dollars in donations to those that need it most
Netsuite: VYST invested over $1 Million for NetSuite as an optimal tool needed to take VYST to the next level
Sonnet Sleep is preparing for a nationwide launch. Finalizing website, test run of about $100k of product to flush out issues. In process
Scalability: Our manufacturer can produce about 1,000 beds per day, including roll packing.
Scalability: The main component of Vytex slabs is produced by one of our largest investors, LIEN A with a 3.2 million sq. ft. factory
Income: Another great sales week for VYST. Since Vystar acquired Rotmans, revenue has totaled $4,429,754 (In only 37 days)
TamiCare.com is doing incredible work with Vytex 3D printing. They can already 3D print Vytex fabric and other products
TamiCare.com offers disruptive technology. With 3D printing on various items, there'd be no cutting waste or excess inventory
TamiCare: Fabric waste is about 10-15% and labor cost is about 10-15%, so 3D printing generates a Production Savings of 20-30%
TamiCare: They can 3D print masks and booties for hospitals, allowing them to never run out during a crisis
Restricted Shares: In addition to the restricted shares accounted for, affiliates/insiders bought shares in open market, which are still governed by 144 rule(restricted). For example, CEO bought 1.6 million shares in open market. It is not counted in the "restricted shares" but still restricted by 144 rule
We don't hire outside firms to write papers or promote stock. Everything done by our own staff with extensive product knowledge
Selling on Amazon: high fees, so like most in the industry, we use Amazon as an advertising vehicle, but try to push sales to company-owned sites
Successfully completed injection molding of Vytex to about 50% in hard plastic like lego bricks
We have no issues with injection molding into soft plastic, bags, straws, etc.
Currently testing gloves now with one partner whose original interest is in Catheters
With allergy issues, Vytex is an ideal replacement in almost every sector of the medical industry like plastic tubing, etc.
Expansion: VYST invested heavily in product development using vytex foam as base. Company owned products = higher profit margins
Expansion: Vytex foam base will give better margins for matrtress line, pillows, toppers, and now upholstered products like sofas, etc.
Expansion: We will be testing Vytex foam pads under sofa cushions as well. Should increase longevity and improve feel
Expansion: We've also created Vytex wrapped micro spring for cushions. Should be cheaper and more comfortable
Disposal Savings: It costs $70 to dispose Tempurpedic mattress as toxic waste. No issues with Vytex as it is organic
Expansion: Rotmans invested heavily in technology to grow internet sales like through Wayfair. Due to our established infrastructure, we do a better job on customer service with less returned items.
Expansion: Infrastructure also allows us to look at more specialty, smaller micro-stores; bedding and living room items
VYST can make a huge difference in becoming an Eco-Friendly and cost effective replacement to food packaging, straws, lego bricks, bottles, etc.
Intellectual Property & FDA Clearances: Too much to note here --> find the tweet with 4 pages of info plus 1 more page added on reply!
Potential partnership with 1 large Pharmaceutical Partner who can deal with FDA: We provide tech license for royalties
Everyone who buys Vytex pays royalty, including through CentroTrade (now HalyconAgri) or finished products like Vytex foam
Storm: To help, we'll offer all our products at cost (no profit) to those in need. We have one of nation's largest furniture and flooring stores and we make some of the best medical grade air purifiers in the world. We stand ready to help - 150 employees, thousands of shareholders, hundreds of partners. Blessed to have helped others for 65 years. Our team of employees, board of directors and management are here if you need us.
Naturapedic is very familiar with Steve Rotman and may have tested out Super Soft
Buyback: Rotmans and other acquisitions needed to be completed first. Will be executed when timing is right
Until acquisitions are complete, we're interviewing investment banks who can provide buyback resources
Labor Day weekend sales for Rotmans: $681,929
Since VYST acquired by Rotmans: $5,356,903 - new company record of over $5MM in 1 quarter
1 month of Sonnet Sleep Beds from Rotmans local store only - $39,341.28
Previous month in Vytex cloud sales: $5,373.38
Previous month in sales on Amazon and Wayfair: $45,000.00
Liquid vytex, wholesale slabs, pillows and toppers have also been sold.
Paid for 2 people (voted via twitter) to visit Rotmans and report their unedited findings to shareholders and the public market. Transparency
VYST uplisted to higher tier in OTC - now Trading on OTCQB as of September 10
SEC confirmed the merger is a Traditional Merger, not a Reverse Merger - advantageous accounting treatment
Upcoming 10Q will have more revenue than VYST's entire past decade combined
Expect a progress report on Rxair 3000 production
New initiatives moving forward with FEC and Vytex divisions
New products launched from new websites for FEC and Vytex
Exciting positive corporate initiatives. Hmmm… Investment banker? Buyback / Share reduction? New board members?
Hang in there VYST Shareholders, our time is approaching.