This is probably the best deal that I have ever seen within the penny stock world in my over 25 years of investing/trading. The fuse has been "officially" lit. I will explain why this is an awesome deal for VYST and us shareholders as it appears that some are simply not getting it... yet.
The owner(s) of Rotmans have signed off on the deal in my opinion based on these recent tweets below. To put things into perspective, all you need to book 100% revenues and profits of a company is a 51% Controlling Interest. So far, based on the recent VYST tweets, VYST will have a 58% Controlling Interest in Rotmans Furniture. So in essence, it will still exist under VYST as if 100% has been acquired because of being able to capture and book 100% of all of the revenues and profits generated by Rotmans Furniture.
That is why it doesn't matter if they were acquiring 58% or 100% of Rotmans... since... VYST will be able to book 100% revenues and profits just the same either way. The beauty about doing it this way is that it will be cheaper for VYST to acquire 58% versus the 100% when the booking of revenues and profits generated by Rotmans Furniture will be the same either way towards VYST's financials.
Another beautiful piece about this deal as stated within the VYST tweets is that the deal is going to be done with cash for 25% of the 58% and shares for the other 75% of the 58%. The cash does not have to be paid until the next 5 to 8 years of which will be no problem because of the growth that would have already been instilled. The shares can only be issued post up-lift after VYST has been uplifted to the anticipated NASDAQ. This is significantly less dilutive than what it would have been otherwise. This means only a few million shares at a price of $4.00+ per share prices or higher will be issued for the deal versus what would have been a few billion shares at these current share price levels instead to consummate the Rotmans acquisition.
58% of the owners of Rotmans have signed the consolidation agreement! Lease is near completion & bank line transfer documents have been received by Vystar & are in review. We don’t anticipate any roadblocks to a final closing. $VYST
58% ownership of Rotmans means Vystar would book 100% of the revenue & profits. A small equity piece would be booked on the balance sheet for the 42% if we did not acquire the last 42%. This is a fantastic deal for Vystar. $VYST
Purchase price currently would be approximately $2 million for the 58%. Terms of 25% cash paid over 5-8 years and the shares 75% can only be issued post up-lift. We see this as highly accretive for Vystar. $VYST