Replies to post #117858 on Vystar Corp (VYST)

[Shatts]

Vytex Education! Vytex® was invented by the late Travis Honeycutt, a lifelong chemical engineer,
inventor, and innovator who was considered a genius by many. Travis held over 100
patents. He received several awards for entrepreneurial growth and success, including
Inc. Magazine’s Entrepreneur of the Year for Healthcare in the Southeast Region, and
was inducted into the Georgia Institute of Technology College of Engineering Hall of
Fame in 2007.
He was the founder of Isolyser Inc., which grew from an idea into a publicly traded
company supplying disposable products to the healthcare industry, that netted $60
million in its IPO and which was later acquired by Ecolab - for $275 million in 2006. He
founded and served as the Chief Executive Officer of Vystar Corporation until March
2008. Today, not surprisingly, some of the most significant investors in Isolyser are investors in Vystar.
One of the carryovers from the Isolyser days includes Bill Doyle, who was appointed Chairman of the Board,
President and Chief Executive Officer (a position he has maintained) of Vystar in March 2008, just as the
company was going public. Prior to joining Vystar, Mr. Doyle served as an executive
with Matria Healthcare, Inc., a disease management
company, which was acquired by Inverness Medical in a cash-and-stock deal valued at $900 million.

[captbob2112]

I don't recall having seen posts from you directed towards me, so I apologize for not having responded.

You keep asking this question so I'll keep asking you if you've ever bought something from someone who wasn't willing to sell?

Companies don't just sell patent rights by themselves... if anything, they might provide a limited license.

I can't imagine that there is no price at which the Rotman's would sell their Vytex patents.
CEO papa Steve is 80 years old and Greg chases dreams.
Plus, do the Rotman's/Vystar REALLY have the wherewithal to follow through?
Sounds like a perfect buyout situation.

Of course companies just sell patent rights outright.
Someone had to have sold these patents to the Rotmans in the first place.
Greg sure didn't create Vytex in his garage!

Selling the Vytex patent lock, stock and barrel would be a prime example of the Bird in the Hand proverb/adage.
Why spend years chasing possible (not probable, as nothing is a given) dreams if offered some ridiculous sum of money in the here and now?

I'm guessing that no one else wants these patents as there are similar "products" already being developed elsewhere.
As my earlier post this afternoon (#117849) in fact indicated.


Time will tell :)
Good luck to all with that Dollarville dream!

[Mad Money Monkey]

Yup. Why sell a cash cow?