Replies to post #159146 on Vystar Corp (VYST)

[rattlestock]

I get that, but....
Why are we asking a 3rd party "consultant", a non Vystar employee, to update us and not the actual CEO?

There seems to be a disconnect between current actual situation and what is legal. As stated in your email to Greg Rotman, during your phone conversations, everyone deferred to Greg Rotman. That seems to be very much an "insider" yet, he is not, and not even an Vystar Corp. employee.

[TenKay]

I haven’t read all the threads of late, so maybe this has been discussed in detail. The primary and apparent issue is a simple one. That…it is possible that VYST has been used primarily to enrich the Rotman family. And the mechanism to do that is the consulting contracts to Steve’s kids that allow them to receive large amounts of stock for poorly defined “services” which, after the applicable waiting period, get sold into the market.

In Greg’s case it would appear that he has gone out of his way to avoid being designated as a Section 16b officer, director or 10% affiliate in order to avoid the selling and reporting restrictions of Rule 144.

Were he determined to be an affiliate or control person then the SEC would have ample basis to go after him for violation of Securities Law.

This appears to have been going on for quite some time.

I highly doubt he will file a lawsuit. For the simple reason that he knows that if he were subject to discovery he is quite likely toast.

TK.