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Wednesday, 06/24/2020 5:26:18 PM

Wednesday, June 24, 2020 5:26:18 PM

Post# of 163974
Under the deal, Vystar will pay $2 million to Rotmans. The companies said 25% of the amount would be paid in cash to Rotmans over four to eight years, while the remaining 75% would be paid in Vystar stock. Mr. Rotman said he expects to seek Vystar's listing on the NASDAQ exchange during thet eight to 12 months.

The transaction allows Rotmans to go public without the effort of an initial public offering of stock. The combined company will be able to sell shares to raise money for expansion and development of new, environmentally conscious products.

Furniture company brings in 30mill gross
Already this acquisition of rotman by vystar will allow the company to possibly uplift to Nasdaq faster. Yes the air purifier is a plus but i think the overall picture is the furniture store


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