Vystar Corp (VYST)

[dukeb]

Rotmans is the only meaningful business in VYST.

For the year ended 2018, VYST lost over $5 million and burned over $1.5 million in cash.

For 2019 the loss was $7.7 million with another $1.5 million of cash burned.

For 2020 the loss was $7.6 million with $2.2 million of cashed burned.

Almost the entire loss and the entire cash burn is attributable to Rotmans.

Rotmans was not brought in to fund the other businesses. The plan, it seems, was to use the capital markets to try to keep the furniture store afloat.