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doogdilinger

02/20/19 1:21 PM

#37103 RE: investtoski #37094

Nobody is claiming that VYST will never do a small reverse split if necessary to achieve their Nasdaq up listing! What people are trying to educate you on is the fact that no reverse split has been voted in here...and if/when that ever changes, then all the joe retail VYST shareholders will be the very 1st ones to know it, because we will all receive a Shareholder Proxy Vote Notification 30 days in advance of any reverse split vote at any ratio!

And the plan put into place is a back up plan, if for whatever reason by late summer when VYST is already trading on the QX and already on the same exact fiscal year end as Rotmans, which is April 30th...a small reverse split is needed at that time in order to qualify for the Nasdaq's minimum $4 share price threshold requirement.

For all any of us know by the time late summer rolls in VYST will already be trading above +$4 per share based on ALL the fully audited valuation metrics in full motion at that time!

People continue to grossly underestimate how many big money firms and much higher breeds of investors will begin position building here in the soon to be post Rotmans acquisition era quickly approaching! And because they aren't viewing VYST for its epic valuation driving attributes...they're allowing themselves to compare VYST to typical OTC plays that have no revenues, let alone positive net income, and who only do reverse splits to make room for more dilutive financing! None of that bs is in play here whatsoever!

cjstocksup

02/20/19 1:29 PM

#37124 RE: investtoski #37094

No 14-C has been filed, so this is just an advisory vote, not an action taken by the company. This was from Greg you can contact him he has stated there are no plans for a RS! Many have already posts DD on this.
"A reverse split was NEVER submitted to FINRA. It was never approved to be executed by FINRA because VYST never submitted application to do the reverse split to FINRA to be approved. That's why you won't see one."

VYST

cantwaittoretire

02/20/19 1:38 PM

#37144 RE: investtoski #37094

Why would they PR that they won't do something? They filed it, so in case it is needed in the future, it's there, but that doesn't mean they will do it for a very long time, if at all. Honestly, I'm tired of seeing this same thing over and over.