Replies to post #79620 on Vystar Corp (VYST)

[MoMoney4me1]

$VYST - According to CEO Steve Rotman, "It is almost unheard of for a company -- and an exciting, positive development for Vystar -- to have a lender retire a convertible note and then become an institutional investor on favorable terms.
Vystar Gains 1st Institutional Investor with $200K Investment at $0.15/Share https://globenewswire.com/news-release/2019/03/07/1749780/0/en/Vystar-Gains-1st-Institutional-Investor-with-200K-Investment-at-0-15-Share.html#.XKoMkrT10So.twitter
“We are pleased to have such a vote of confidence and FirstFire’s support to help us move forward.” http://www.firstfirecap.com/about.php

[wolfden2018]

No idea, seemed like a foolish move to me since they could have bought without restrictions at a fraction of the price. Makes no sense.