Vystar Corp (VYST)

[I ll be back]

The good Captain brings up a great point. The quarter comparison was against a furniture store that was closed in 2020 (March 24 to June 10, 2020).

They show an increase in revenue of $10.7mm of which $2.8mm was PPE funds. So, an increase in “actual” sales of roughly $8mm.

What we don’t know is; “The increase in revenues was due to the high impact closing to remodel sale at Rotmans and an increase in sales of the RxAir units.”

“High Impact” we sold off furniture to downsize the showroom for remodeling.

“Increase in RX unit sales”
Do the math, the company claims that the gross margin on the RX units is 70% (from the 10K).

Gross Profit increase 137%.

The increase in gross profit was primarily due to a change in purchasing which started when the store reopened in June 2020 and the reduction of special offers.

I'm beginning to understand WHY the company isn't showing the actual numbers for the RX unit sales.