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cjstocksup

01/31/19 12:19 PM

#14847 RE: doogdilinger #14840

They bought back at least 1 note so far out of the 3 that were left weeks ago. They plan on buying back these last 2 VYST notes also so 1 or more could already be gone or minimalized by now because they do not want any dilution to hit. Thus NO DILUTION! And also there is about to be NO DEBT! VYST DEBT FREE!
"Vystar paid off the remaining outstanding Peak One convertible note, due January 22, 2019 for $105,000 in cash on December 19th, 2019. 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. This will complete the pay off of all of Vystar’s convertible debt."


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Stock Logics

01/31/19 12:21 PM

#14851 RE: doogdilinger #14840

In all honesty, this is what the OTC is for. Exactly what the Rotman's are doing. It is an inexpensive way to go public onto NASDQ, AMEX or the NYSE. The Rotmans are doing it RIGHT!

Unfortunately, most OTC stocks never make it to big boards from the OTC but a small handful.

One recent one that did go from OTC to AMEX is TKAT. It hit the high of $10. This is way bigger than TKAT by far.

$VYST
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dude iligence

01/31/19 12:26 PM

#14862 RE: doogdilinger #14840

Why not just buy a stock with no convetible notes. No need to buy back share to reduce a bloated share structure like vyst 500mil os how about 50mil. Why not buy one that is profitable and has everything you guys are talking that vyst is promising and may not deliver in your lifetime. Why not buy one with less than 25mil float vs vyst unknown float