The planned spinoff really is just another share piggy bank for Greg & family. FEC is a concept company that zero dollars has gone into for development. I wonder if Bryan Stone even got paid for the technology or just a BOD seat??
Vystar is out of shares. There needs to be a new piggy bank for the Rotmans to raid. A spinoff is it. That would require the Rotmans to execute the spinoff and I am not going to hold my breath waiting for that! And just WHAT EXACTLY is being spun out of Vystar? RXAIR with no sales? No RX3000 production? Is NITA a company owned by Bryan Stone & Greg Rotman going to be included in the buyout? It probably will with a high intrinsic value placed on it based on nothing, so that Greg Rotman and Bryan Stone collect a huge amount of shares for "performance".
Again, FEC is just a concept paper company. It has nothing.
So, what is the value of this spinout @ $2/share????
My advice if the spinout happens, immediately sell your newco shares. They will never be worth more than the instant they were issued. The company will be run by Bryan Stone a Greg Rotman Palm Springs crony. Greg Rotman aka Blue Oar will have another huge non insider, non reporting IR Consulting contract, and Bryan Stone having never run a public company before will be, just like Daddy CEO Steven Rotman does, relying on his delinquent son to run the company.