InvestorsHub Logo

ice_n_ak

01/14/19 7:49 PM

#2684 RE: rattlestock #2552

The sleep division vyst once ran/owned was purchased from a doctor who after the business was deemed 'not profitable' was sued due to misrepresentation of facts. I don't know how it settled as I've not seen any results in the SEC filings. Not a big deal but a part of the company.

Interesting though that even though the sleep division lost money it did generate revenue.

If people doing DD look at the revenues for the company since the original Rodham deal (not the one made a few months ago when Doyle was sacked/resigned/quit (we'll probably never know the reason Doyle was pushed out) Anyway, look at the revenues from the mattress/pillow/latex. Yes, a slight uptick in rev but my neighbor down the road selling firewood as a hobby makes more than that.

I always have wondered why vyst latex is not a bigger/better seller since it is perfect for those with allergies to normal latex. I was briefly hoping the new CEO was on the right path but then the UV company purchase news. UVFT is the company VYST took over. UVFT is another small company with no profits. And we do not hear any news about that.

It was nice action for those shearing the new sheep today. Now the game of chicken is going to be played among investors. Some will think this current price is a deal and buy while those already owners at a purchase price much lower will decide to hold or sell for profit and then repeat as the price drops. The stock price reflected that today among the buyers and sellers. Healthy actually.

The main question: Does VYST have the resources/management/business plan to be a company where an investor is willing to buy and hold on for the ride? My opinion is, maybe?

For me personally, I'll bail at .09 pre split if it ever gets that high again. As for averaging down, that would depend on the next real SEC filing showing how much dilution and what magic bean the company announces that they are to plant.

For the current herd of 'investors' in vyst, good luck trying to play the game of .0001 price fluctuations, you will have earned it.