Absolutely Doog...! The ground has been reached and from here we will see a lot in the next weeks. When the next steps are published, many investors will look disbelieving and regret not having invested! Let's not forget where the actual plan is going to lead... NASDAQ!!!
To achieve their goals we need patience but they're doing a lot:
QUOTE:Key Point **VYST $1.5M Debt Paid & Acquisition Payment
This is huge in my opinion and shows that the company is serious about moving forward with their goals. Also, important to note, I was informed that the Rotmans Furniture store acquisition price is $4 million that will be bought with cash and stock that only converts post reverse split price. The stock component just can’t convert unless it’s post-reverse. This means that the acquisition will be a lot less dilutive. They wanted to be overly fair, especially since the Insiders own over 75% of the Outstanding Shares (OS).
Within the PR below, pay close attention to where it says... CMA Investments, LLC and its guarantors accepted 15M shares of restricted Vystar common stock as payment for the principal and interest on the decade-old loan.
This is a huge show of confidence that leads me to think that they believe that such 15 Million shares are considered at a discount to where they still would make money off of their shares for knowing what is coming. Think about it...
$1,500,000 Debt ÷ 15,000,000 Restricted Shares = .10 Per Share
This means that they were willing to accept 15,000,000 of VYST Restricted Shares at .10 per share to pay off $1.5 Million in Debt. Maybe it's me, but this leads me to believe that whatever they learned to accept such a payoff in VYST Restricted Shares, is going to take the price far higher than .10 per share. Read the PR below:
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