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Thursday, October 31, 2019 9:09:13 PM
Vystar Corporation
@VystarCompany
·
1h
Replying to
@VystarCompany
@Kimber4510
and 4 others
We have 4 CPS's that work on our books 2 accountants under them, a staff of 8+ doing accounting in house & a team of auditors. In addition, several outside consultants, including one hired to do a report (GAAP) on the acquisition, allocation of the assets & a proforma. $VYST
2
2
6
Vystar Corporation
@VystarCompany
·
1h
Replying to
@Kimber4510
@MTLTrader2
and 3 others
Reporting of Minority Interest, this concept arises ONLY when the company prepares TWO SETS of financial statements Viz. A separate set of financial statements & a Consolidated Financial statement. Vystar is NOT at this time planing on anything but consolidated. $VYST
2
4
Vystar Corporation
@VystarCompany
·
4h
Replying to
@VystarCompany
@CaptBob2112
and 3 others
The only other scenario (highly unlikely) that comes into play is if Vystar voted to do a special Rotmans only dividend (as a stand-alone entity) to just its shareholders, that would also be paid out to 42% owner. The odds of this happening are .0001%.
https://mobile.twitter.com/VystarCompany/with_replies
VYST
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