Spin off of what?
Stop and think about it, the sales for the air handler are poor at best. The virus is winding down and the public has lost faith in the powers to be for what has been coming to light.
If you don't believe me, take a look at KNOS, another company that is making air handlers, much like VYST. The stock back in February of 2020 was trading at over $0.25+, today it is at $0.02. VYST in the same time frame was at $0.06, today is at $0.006.
If one can do the math, both stocks are seeing the sell off for not ONLY poor management, but a market that no longer sees the virus as a market play.
Oh wait...Vystar has rubber trees for gloves and a declining show room for furniture sales...LOL
Again, spin-off of what? Oh I know...spin off of more shares for the kid to sell!