With this frivolous EMA Lawsuit & its Shorted Position...
EMA has shorted VYST and simply do not want to cover at these prices.
EMA is making themselves look so stupid in my opinion. VYST was trying to pay the money with interest and they would not pick up the phone. They won't be able to lie in front of a judge.
I read the Court Dockets (specifically Court Docket #12) within my Pacer account. They want VYST to give them 20,545,511 shares regarding the Jan 14, 2019 conversion and then an additional 6,202,508 shares for the Feb 5, 2019 conversion. When they saw how the price of the stock started going up, instead of the payoff, they realized that's a huge difference in money made compared to getting their little $80,000 with interest, especially since they shorted against those shares that they never got.
So they played ghost and is just buying time with trying to come up with something legally because they shorted against those shares already and don't want to cover. Just think... covering here at these levels could break their piggy bank versus getting awarded the shares to cover the shares they shorted because of them not expecting for VYST to have the money to pay them off.
EMA figured.. Why not? Heck, if they lose, they will just have to accept what was righteously supposed to be coming their way anyways... which is the $80,000 plus a little interest.
v/r
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