Replies to post #6862 on Vystar Corp (VYST)

[MAGA1]

Not to mention the irreparable harm that a supposed scam could do to legit businesses. A scam just doesn't make sense here. I could see if it was a iffy shell here, but there's physical contact numbers and addresses to such businesses.

[wolfden2018]

Revenues don't matter, net profit matters. we don't get to see the net profit because it's not a fully reporting company. I'm just not naive like some people on the boards here. I believe half of what I see and none of what I'm told. Good luck. Would be nice for it to go up to $0.03+

[wolfden2018]

And he looks like Eddie Arcadia.lol.

[mikeski74]

Well said Cache

[tutankhamuns]

This is simply not true, according to the information provided in their PR.

Currently two notes with face values of $50,000 and $100,000 remain. The $50,000 note can convert no earlier than February 22, 2019. Vystar has the option to pay off that note with a substantial prepayment penalty or buy it back in the market. Vystar will determine which option is more accretive to the Company prior to February 22. The $100,000 note does not allow conversion before April 2019. It is Vystar’s intention to pay off that note given the minimal prepayment penalty.

If they choose the option to allow the note to convert during the buyback, the note holder will be dumping into the bid as the company continues to bid lower and lower so as to not spend excess amounts of money on repurchasing shares. And that’s assuming that the company even buys any shares on the open market.

But the point is: as of today, the remaining notes can still convert into common stock and further dilute the SS with no guarantee that they will ever be bought back and returned to treasury.

$VYST