Yep, according to the Sept 30th fins EMA had already been converting and selling shares from their $80K note...and we know VYST kept allowing noteholder conversions right up until Jan 9th of this year before informing the market on Jan 15th that they only had 3 convertible notes remaining!
The $105K January convertible note that they announced in the Jan 15th buyback PR that they had just paid off...and tomorrows $50K convertible note which they might pay off...and the $100K April note which they stated in the Jan 15th they will pay off.
So because VYST as a full SEC Reporting company isn't dumb enough to announce their real time status of ALL remaining convertible notes in the Jan 15th PR if it wasn't 100% true and legally accurate...all this EMA nonsense suit looks to be is another bs "interest payment" lawsuit game wherein a typical pennyland toxic funder tries to play games and edit their notes...and when their threats don't work with some OTC companies they go running to court with their frivolous "interest payment" lawsuits.
As there's no way it makes any sense whatsoever that VYST would suddenly or abruptly owe EMA the approx. +$1.2M worth of stock EMA is suing for when as of last Sept 30th they only owed EMA less than 80 grand right haha!
Anyways, have a great eve folks as the vultures are certainly trying to come out now for sure...and I for one am looking forward to CEO Steve Rotman getting EMA's obvious frivolous pile of baloney lawsuit tossed!
Reached my daily posting limit so see ya's in the premarket cheers!