InvestorsHub Logo
icon url

hp435

03/26/19 10:05 AM

#58404 RE: mox00 #58397

Agree fully about patience and expectations. They are a must do if you want to hold long on any ticker.
icon url

doogdilinger

03/26/19 11:42 AM

#58459 RE: mox00 #58397

Agreed mox! 1 of the most relevant and BIGGEST transparency indicators in motion here is the fact that VYST didn't file to go dark when their share price fell under .01 last year due to all the convertible debt dilution that was occurring, that resulted in VYST trading on the pinks!

What many market observers aren't giving enough credence to IMO is the simple fact that despite all the dilution from conversion that took place into the end of last year and through the 1st 9 days of 2019...is that VYST mgmt. remained a fully compliant SEC Reporting PubCo...which means they remained committed to their SEC Reporting standards when it comes to their Press Releases, their PCAOB registered fully audited financials and most importantly their SEC filings!

What that all means is quite simple...it proves that despite the temporary dilution from toxic conversions that was occurring...CEO Steve Rotman remained fully committed to eliminating ALL the remaining convertible aged debt off of VYST's fully audited books...and he knew the day would eventually arrive early this year when he'd have VYST into a favorable position to pay off the remaining convertible notes and proudly announce to market that VYST was now in fact rid of ALL the convertible short and long term aged debt that had been plaguing them!

And sure enough, as of VYST's January 15th and March 6th PR's already disseminated to market...VYST has in fact paid off both their +$100K convertible notes, leaving only the $50K February 22nd maturity date note left for them to provide an answer on! So we now have proof positive that VYST has in fact rid the company of ALL aged convertible debt and rid the company of all toxic convertible dilution as clearly evidenced by both their Jan 15th and March 6th PR's! Yes, there's 1 final small convertible note left ie: The Feb 22nd maturity date note for $50K...but VYST has already informed the market on Jan 15th that it was either gonna be converted out or paid off...so we know that VYST did in fact already choose 1 of those 2 outcomes...which is why we can safely say that VYST has in fact eliminated ALL convertible aged debt off of their balance sheet! And I do still hope that VYST informs us which choice they made with the $50K note and officially announces to market that they're completely free of all convertible aged debt and there's no remaining toxic convertible dilution in play whatsoever as Greg Rotman has already emailed VYST shareholders!

But the entire point I'm trying to make/get to here is that VYST electing to remain a full SEC Reporting Company can not be overlooked...because it makes every single statement made in their Press Releases the most stringent up to SEC transparency standards/qualities possible...so anyone falsely claiming that the supposed reason VYST's new transfer agent remains gagged is to supposedly mask dilution is wrong...simply because the SEC would shut VYST down in a heart beat if they were issuing blatantly illegal statements in their PR's claiming that there was only 3 convertible notes remaining in play on January 15th if there was more! So we can totally safely assume that VYST has in fact wiped out ALL their convertible aged debt exactly as they laid out in both the Jan 15th and March 6th PR's...and the issue pertaining to the gagged transfer agent was indeed born out of the need to keep EMA in check from any further attempted illegal convertible debt conversions exactly as VYST mgmt. has stated in all their pacer facts and evidence already provided!

And IMO only this entire recent "gagged transfer agent" subject is only attempted to be made such a focus because some are clearly overlooking the fact that VYST is only trading on the pinksheet market...they're reporting standards are held to much higher standards than the pinks...so the ones falsely claiming that the new t/a is gagged only to mask supposed ongoing convertible debt dilution are flat out wrong...because full SEC Reporting Companies don't get to put out blatant lies in their Press Releases.

Anyways I know I'm beginning to sound redundant here...but suffice to say I whole heartedly believe in every single statement VYST has put in their Press Releases...and anyone who doesn't believe every single statement VYST has put in their PR's is simply not paying enough credence to the stringent SEC Reporting standards this company is subject to!