Again your math equations to arrive at those strike prices is bs...nowhere in the Q1 results does it state those strike prices and it's not my problem if anyone chooses to criticize VYST's auditors for how they worded all the combinations of what actually occurred.
And unlike the constant negative spin that takes place...what occurred was simple...
1. FirstFire and Crown Bridge both agreed to cancel the remaining portion of their 3rd party convertible notes and all the attached warrants, while simultaneously agreeing to provide VYST with $200K private placement financing for approx. 1.33M Restricted 144 Shares at a premium .15 strike price.
2. The net result of the above is that FirstFire and Crown Bridge ended up receiving around 30M Restricted 144 Shares for a 12 month Convertible Debenture, to retire the remaining balance on their 3rd party convertible notes and the attached warrants...and if they didn't agree to take the CD and retire the balance on their 3rd party notes and the attached warrants, they could've instead tried to convert an additional +100M free trading shares each in Q1!
3. As part of the 31.13M total Restricted 144 Shares issued to FirstFire and 31.16M total Restricted 144 Shares issued to Crown Bridge, approximately 1.33M Restricted 144 Shares each were issued at .15 cent strike prices for the $200K each VYST received in initial teaser private placement financing from both funders.
And no matter how it's spun that's what occurred...and VYST even provided proof of FirstFire's private placement financing agreement and wire payment received...along with VYST's pacer declarations and recent O/S increase of 667K restricted shares to complete Crown Bridge's final $100K wire pymt received earlier this month for the .15 cent strike price Restricted Shares woot-woot:)
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