Vystar Corp (VYST)

[dukeb]

It's unclear whether VYST is going to walk away with any cash from their counterclaims against EMA, especially after legal fees are paid.

The latest VYST balance sheet shows current liabilities of more than $ 6 million ($1.5 million in accounts payable alone) and total liabilities of more than $ 10 million.

Assuming VYST gets some cash from the judgement, it will all go toward operating expenses (the company lost more than $ 300k in the latest quarter) and/or paying down existing liabilities.

This is meaningless to holders of the company's equity.