Replies to post #40148 on Vystar Corp (VYST)

[CA$H I$ KING]

Small beans with this note! We traded more shares than what they are wanting just yesterday and 4 times that per day for several days a couple weeks ago. Rotmans Furniture is a cash cow for the company and Steve is CEO of both, so we know they aren't gonna back down for chit like that! This merger makes EMA look like drops in a bucket!

[lordichabod]

No, I wouldn't. Besides the 26M shares they're seeking, they're also seeking damages of at least $4.2 million, as well as their legal fees reimbursed.

As far as the buyback, the terms of the 12% note forbids VYST from doing any kind of buyback without permission from EMA, until the note is paid off in full. So they can't legally buyback anything until this matter is resolved, at the very least.

The other convertible notes that are still outstanding might also include terms forbidding share buybacks, although I haven't read them so cannot confirm such.