Vystar Corp (VYST)

[I ll be back]

Does Vystar need a "Hell Mary" to find a White Knight?

At December 31, 2021 our cash position was $151,175 and we had an accumulated deficit of $51,410,516. We plan to finance our operations for the next twelve (12) months through the use of cash on hand, raising capital through private placement and increased sales from RxAir products by exploring sales partnerships with third-party wholesalers and retailers. The Company is also evaluating adopting a consignment-based sales model at Rotmans. You should consider, among other factors, our prospects for success in light of the risks and uncertainties encountered by companies that, like us, have not generated net earnings on an annual basis. Various factors, such as economic conditions, regulatory and legislative considerations, and competition, may also impede our ability to expand our market presence. We may not successfully address these risks and uncertainties or successfully implement our operating strategies. If we fail to do so, it could materially harm our business and impair the value of our common stock. Even if we accomplish these objectives, we may not generate positive cash flows or profits we anticipate in the future.

With the stock well below a penny, and the AS hammered at this point, it will take more than a spin-off to right this ship.

Looking at the burn rate against the lack of being able to continue selling stock is sad to watch. No money for a sales force against going into the "used" furniture business would tell me the next employee count, will likely be lower.

As of December 31, 2021, Vystar had one employee, Steven Rotman, CEO. Rotmans had 43 full-time and 15 part-time employees. None of the employees are represented by a labor organization or a party to any collective bargaining arrangement.

Yes sir, the "longs are in great shape"....NOT!