In my opinion, ema may be guilty of manipulating the market if proven that they naked shorted vyst stock.That may get this rediculous suit tossed with vyst/ $80 thousand payment, closes case.all my opinion only any lawyers here know differently .
Thing about that is VYST doesn't sell mattresses yet. Rotmans furniture does and they have over $35,000,000 in revenue that they will be bringing in to VYTX . Looks like that game show is as much of a drama scam as PM's from Oz!
To first understand what this is and the importance of what it means, I think it is important for one to understand that "Liabilities" and "Expenses" are two different things. "Liabilities" apply to the Balance Sheet and "Expenses" apply to the Income Statement. The $31,319,398 listed on their Balance Sheet as an Accumulated Deficit is nowhere near as bad as I believe it is being perceived by some. An Accumulated Deficit is used as a Tax Shelter for tax write-offs. It's a non-issue and basically a psychological paper entry because it will only affect the Balance Sheet and not the Income Statement for valuation purposes to derive an Earning Per Share (EPS). This will have no negative effect on the outcome for what the company's EPS will be now or in the future, but instead, on the contrary.
An Accumulated Deficit greatly enhances the company’s position as a huge acquisition/merger candidate. This is very attractive for a huge positive Revenue generating company with a significant amount of Gross & Net Income to merge into VYST. Therefore Rotmans Furniture, with its over $35 Million in Revenues and while having 48% to 52% Gross Profit Margin and a 19% Net Profit Margin is a great candidate for VYST.
This is huge because the $31,319,398 is available to be used as a 2 year carry back and 20 year carry forward Tax Net Operating Loss (NOL) to reduce the taxable income for the company’s future tax years.
So, in closing, the $31,319,398 that you see on the Balance Sheet is actually an Accumulated Deficit during the development stages and is listed under the Liabilities and is strategically placed to not hurt the company as such is not in the form of any kind of notes to bring about any dilution. It was created Accumulated Deficits from the old management since the inception of the public entity and is being used by the new management as a Net Operating Loss carry forward for federal income tax purposes.
Below are some good videos to listen and understand the logic regarding Net Operating Losses (NOL):
Alex: Who is frightened into a corner with their hand out to hand off their shares to a known promoter of the falling share price so they can scoop them up and laugh publicly at their victims timidity?
Player: Alex, who is "No one in their right mind."