Vystar Corp (VYST)

[TenKay]

Delinquency means little in the OTC. So many penny stocks find their way into it. Some even do it on purpose as coming out of delinquency can sometimes pump a stock more than it was hurt by the delay to begin with.

It’s only after a company is delinquent for over a year that the SEC sends a delinquency notice and if nothing changes eventually suspends and revokes the stock.

All it means is that VYST is really no different than other penny crap that can’t seem to meet very generous deadlines that the SEC establishes.

Nothing in the “excuses” that VYST has rolled out contain anything that actually points to some bonafide complicate accounting issue. All of this stuff could have been figured out at the time of the acquisition or certainly within the ample 75 days the SEC allows for REG SX financials to be filed.

It’s a furniture store for God’s sake...not some multi national conglomerate...lol.