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Vystar Corporation (PK)

Vystar Corporation (PK) (VYST)

0.0055
0.00
(0.00%)
Closed April 19 4:00PM

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Key stats and details

Current Price
0.0055
Bid
0.00
Ask
0.00
Volume
-
0.00 Day's Range 0.00
0.000001 52 Week Range 0.6975
Market Cap
Previous Close
0.0055
Open
-
Last Trade
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
11,095
Shares Outstanding
12,942,592
Dividend Yield
-
PE Ratio
-0.03
Earnings Per Share (EPS)
-0.31
Revenue
117k
Net Profit
-3.96M

About Vystar Corporation (PK)

Sector
Fabricated Rubber Pds, Nec
Industry
Fabricated Rubber Pds, Nec
Headquarters
Worcester, Massachusetts, USA
Founded
1970
Vystar Corporation (PK) is listed in the Fabricated Rubber Pds sector of the OTCMarkets with ticker VYST. The last closing price for Vystar (PK) was $0.01. Over the last year, Vystar (PK) shares have traded in a share price range of $ 0.000001 to $ 0.6975.

Vystar (PK) currently has 12,942,592 shares outstanding. The market capitalization of Vystar (PK) is $129,426 . Vystar (PK) has a price to earnings ratio (PE ratio) of -0.03.

VYST Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.0297-84.3750.03520.060.005135830.04832767CS
4-0.0255-82.25806451610.0310.080.005127400.04160659CS
12-0.0455-89.21568627450.0510.0890.0041110950.04618491CS
260.00454500.0010.69751.0E-6129180.06153204CS
52-0.0445-890.050.69751.0E-6121230.05179764CS
156-0.0224-80.28673835130.02790.69751.0E-612678620.01329485CS
260-0.0546-90.84858569050.06010.69751.0E-650263680.03603056CS

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VYST Discussion

View Posts
silkman silkman 14 hours ago
Its over!
๐Ÿ‘๏ธ0
I ll be back I ll be back 2 weeks ago
Flown off into the sunset?

More like crashed and burned! Much like the daughter who now finds herself selling cheap jewelry.
Can't say I blame her. After all, one has to make a living.

Does beg the question, how much time does she have to invest in increasing shareholder value, when she is working another job?
👍️ 1
silkman silkman 2 weeks ago
My guess is that rubber and other potential business opportunities have fallen off the tree as VSYT hasn't done much. What happened to the spinoffs never heard anything just all BS. Even MM is flown off into the sunset.
๐Ÿ‘๏ธ0
Hook Hook 2 weeks ago
Wouldn't mind a few pix of those rubber trees. How many more years until start pumping out by-product?
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silkman silkman 2 weeks ago
Didn't new CEO beginning of January mentioned shareholder update cant believe there is much to say there but she also mentioned priority was to add shareholder value, No?
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pepeoil pepeoil 2 weeks ago
He is here like the rest of us, for the clown show
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pepeoil pepeoil 2 weeks ago
So old Jamie, the new CEO is now working at a low end jewelry store. Lol
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12Retyr 12Retyr 2 weeks ago
Then why are you here?
🤡 1
silkman silkman 2 weeks ago
Why? Stock is dead
๐Ÿ‘๏ธ0
12Retyr 12Retyr 2 weeks ago
Good Morning VYST!!
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pepeoil pepeoil 3 weeks ago
Google their new address. It is a pos jewelry store that Jamie works at. Lol
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silkman silkman 3 weeks ago
Me thinks Rotmans are selling slowly ll their shares at low levels nothing here what a POS
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pepeoil pepeoil 3 weeks ago
Time for another shareholder value pump. Lol
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pepeoil pepeoil 1 month ago
Yep, old Jamie is focused, yep, nice, fun
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pepeoil pepeoil 1 month ago
Shareholder value is about gone again. Nice work jamie
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pepeoil pepeoil 2 months ago
Old Jamieโ€™s focus on shareholder value is to eliminate it I guess.
👍️ 1
pepeoil pepeoil 2 months ago
That focus on shareholder value isnโ€™t working out so well
๐Ÿ‘๏ธ0
RockyW RockyW 2 months ago
Greg Rotten is Satan, still. Thanks.
👍️ 2
Hook Hook 2 months ago
wonder who's flipping for the audit
๐Ÿ‘๏ธ0
BootAl BootAl 2 months ago
they control up to 70% give or take imo
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pepeoil pepeoil 2 months ago
Bubbie is working on that. Probably March 58th.
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TRIPLE_ZERO_SEVEN TRIPLE_ZERO_SEVEN 2 months ago
What happened to listing on the nasdaq?
๐Ÿ‘๏ธ0
silkman silkman 2 months ago
Do you know what % of company they own/shares? So you think they would care about investment, no? Just very slow and lack acumen.
๐Ÿ‘๏ธ0
BootAl BootAl 2 months ago
Rotmans own control of the company all over
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silkman silkman 2 months ago
Move on, Nothing to see here
๐Ÿ‘๏ธ0
12Retyr 12Retyr 2 months ago
Good Morning VYST!!
๐Ÿ‘๏ธ0
pepeoil pepeoil 2 months ago
He has to keep up his new Malibu Beach mansion . Lol
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rattlestock rattlestock 2 months ago
The Rotten Rotman family laughing stock, continues! The grifter son still grifting, putting his incapable sister in charge so that he can still grift from the shareholders. This has been, and always will be, nothing more than a $$ printing machine for one person and one person only, Greg Rotman.
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TenKay TenKay 3 months ago
Same as the old focus? lol.
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pepeoil pepeoil 3 months ago
Yep, old Jamie is prolly consulting with bubbie on increasing the shareholder value. How many shares will bubbie get for this?
๐Ÿ‘๏ธ0
pepeoil pepeoil 3 months ago
Remember, new focus on shareholder value
🤡 1
silkman silkman 3 months ago
funny
๐Ÿ‘๏ธ0
pepeoil pepeoil 3 months ago
When bubbie was in charge, we made million daily
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silkman silkman 3 months ago
for gods sake give her a few months geeez
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pepeoil pepeoil 3 months ago
Jamie Rotmans focus on shareholder value has been amazing. It is only down 50 percent since she said that. Lol
๐Ÿ‘๏ธ0
pepeoil pepeoil 3 months ago
We love talking about clown shows
๐Ÿ‘๏ธ0
investor_kim investor_kim 3 months ago
How is this still being talked about. LOL
๐Ÿ‘๏ธ0
Hook Hook 3 months ago
rotman alias mmillion
👍️ 1
silkman silkman 3 months ago
According to Million this going to run fast and hard again see you at $3
๐Ÿ‘๏ธ0
rattlestock rattlestock 3 months ago
I would also bet the farm that $700,000 in cash NEVER transferred from Greg Rotman to Vystar's bank account.
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rattlestock rattlestock 3 months ago
LOL! Same old Rotman story, not paying bills...
Rotmans not paying Auditors = Late Filings
Rotmans not paying UV Manufacturers = No RX Air Manufacturer
Rotmans not Issuing Shares to BOD = Important BOD Members leaving
Rotmans not paying employees = Class Action Lawsuit @Rotmans Furniture Store
Rotmans not paying their taxes = Rotman son begging Mommy & Daddy for money
Rotmans not paying their furniture store lines = Furniture Companies not selling to Rotmans Furniture
Rotmans not paying contractors = Rotmans being sued for back pay

Moral of the story? The Rotmans do not pay their debts!
๐Ÿ‘๏ธ0
pepeoil pepeoil 3 months ago
yep, old bubbie sold his crib and loaned Vystar $700,000. What a nice guy. Then he went and bought a Malibu Beach Mansion. Cool Dude man. Where did old bubbie Make these Millions?

I guess he didnt pay the interior designer. LOL

https://unicourt.com/case/ca-la15-caseaob459e23f568c-309786?init_S=ch_ltst
๐Ÿ‘๏ธ0
pepeoil pepeoil 3 months ago
They are pimping the rxair model 800 on Twitter. There is no sign of it on their website or anywhere else. Does it even exist or is this just bullchit trying to get people thinking that the are doing something? Bwahaaaaaa. Old Jamieโ€™s focus on shareholders value has not been very good. It is tanking fast again. But bubbie is aight, he got 7.8 million fo his crib
๐Ÿ‘๏ธ0
pepeoil pepeoil 3 months ago
Why do they brag about bubbie getting 7 million for his house on Twitter?
๐Ÿ‘๏ธ0
pepeoil pepeoil 3 months ago
Yep, shareholder focus, nice, yep, old bubbie,
๐Ÿ‘๏ธ0
pepeoil pepeoil 3 months ago
How much blow was consumed writing that pr? Lol
๐Ÿ‘๏ธ0
silkman silkman 3 months ago
$100 million in revenue?
๐Ÿ‘๏ธ0
silkman silkman 3 months ago
$100 million in revenue?
๐Ÿ‘๏ธ0
I ll be back I ll be back 3 months ago
So...Shareholder value is the "new" focus.

We are quickly approaching the 2-year anniversary of the "new" shareholder value. Anyone remember the "Hugh" news?


https://www.otcmarkets.com/stock/VYST/news/story?e&id=2137643
Vystar Adds Vytex into RxAir Spin-off, Sets Spin-Off Record Date, Opens Opportunity for Reverse Merger Into Vystar/Rotmans


โ€ข Vystar/Rotmans would have singular focus on furniture/bedding industry to be attractive reverse merger opportunity
โ€ข RxAir NewCo would include RxAir®, Vytex® and Fluid Energy Conversion
โ€ข RxAir NewCo dividend record date set for June 30, 2022
โ€ข After 100% RxAir NewCo spin-off, NewCo will issue 9.5% equity to Vystar

Worcester, MA, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Vystar® Corporation (OTCQB: VYST) announces that it plans to split into two companies via a dividend. In addition to the previously announced spin-off of RxAir® air purification and Fluid Energy Conversion subsidiaries into a separate, publicly traded company, Vystar plans to add a third subsidiary, Vytex® latex and rubber, into the spin-off. The parent company Vystar will retain Rotmans Furniture, one of the largest independent retail showrooms in the Northeast, as a retail furniture and mattress pure play. Vystar would retain a Vytex license that allows for the use of Vytex latex materials in the manufacture and retailing of mattresses, pillows, bed toppers and upholstered furniture for Vystar and Rotmans. Vystar desires to take this action after early discussions with companies interested in a potential reverse merger into the Vystar parent company and its Rotmans subsidiary.

โ€œWe have been approached by parties interested in different Vystar divisions,โ€ stated Steve Rotman, Vystar CEO. โ€œWe always explore options, but after thorough analysis, we believe that a reverse merger by a significant furniture retailer or other manufacturer into Vystar could yield a four to six times multiple over a buyout. Rather than a one-time buyout payment, a specifically targeted reverse merger could create a combined entity that could have significantly higher revenue ($100 to $150 million), increased buying power to achieve greater economies of scale for enhanced profits ($10 to $15 million) and a higher PE ratio. Ultimately, we believe this would support a significantly higher share price and greater market cap.โ€

โ€œFurthermore, Vystar keeping a Vytex license for manufacturing of mattresses, pillows, toppers and other products after the spin-off of Vytex could create an additional revenue stream (both manufacturing and retail) and add value over time if the merger partner chose to pursue that avenue,โ€ Rotman continued. โ€œThe combination of furniture retailer and Vytex license to produce bedding and upholstery is ideal for a reverse merger candidate that is looking for immediate growth and a low cost entry into the capital markets.โ€

This type of merger would have the potential to bring valuable new assets, revenue and talent into Vystar that may be the foundation for further growth and a more dominant position within the industry. Vystarโ€™s $34 million carry forward tax loss could offer significant tax advantages for the new merger partner and the subsidiaries within RxAir NewCo. After a spin-off, Vystar and its Rotmans subsidiary would intend to have a singular focus on the retail furnishings/mattresses market, making it more appealing for prospective furniture or bedding retailer merger partners desiring to become publicly traded, without the burden of additional subsidiaries unrelated to their core focus.

โ€œRotmans has a long, successful history thanks to our dedicated, talented employees,โ€ Rotman pointed out. โ€œThe future of our employees and continuity are of paramount importance and will be driving factors in managementโ€™s choice of a merger partner. We expect to have the reverse merger complete mid-year of 2022.โ€

Vytex® Added to Spin-off of RxAir NewCo

After Vystar completes the spin-off of three wholly owned subsidiaries, RxAir NewCo would be an independent publicly traded company consisting of:

1. Vytex, a developer and licensor of patented latex and rubber formulations;
2. RxAir UV light air purification systems; and
3. Fluid Energy Conversion (FEC), a developer of patented ultrasonic technologies.

Additionally, after the spin-off, RxAir NewCo would issue shares to Vystar, so that Vystar will have a 9.5% ownership in RxAir NewCo.
โ€œWe have more changes afoot to increase shareholder value now at Vystar than ever in our history,โ€ stated Rotman. โ€œWe want to create a catalyst for growth for all of our subsidiaries, and we believe that a combination of placing Vytex into the RxAir NewCo spin-off, independent of Rotmans, creates a cleaner, publicly traded, higher valuation entity that will be better positioned to expand research and development of all three subsidiariesโ€™ intellectual property across multiple industries. Vytex continues to progress its R&D, and explore new opportunities that have arisen across multiple industries. We will provide further information in future releases.โ€

Vystar decided to delay the previously announced time frame for the RxAir NewCo spin-off to facilitate the addition of Vytex into the spin-off that, in turn, creates the singular focused Vystar-Rotmans entity in preparation for a potential reverse merger. Vystar plans to execute the spin-off prior to the reverse merger. Those holding shares of Vystar stock on the dividend record date would receive a dividend of RxAir NewCo shares on the dividend effective date. Vystar has set the dividend record date as June 30, 2022. Vystar will announce the dividend effective date and ratio of the dividend once details become finalized and have passed regulatory review.

But wait, we have a new sheriff in town. Yes, only in the land of pinks can you find top management.
Must be why the stock is down 70% this morning.
๐Ÿ‘๏ธ0
rattlestock rattlestock 3 months ago
I hear our new CEO Jamie Rotman is going to use her vast Jewelry Sales Experience she gained running a small kiosk in her daddy's furniture store to make a new product for us! VYTEX Jewelry!! Its, "Biodegradable as a Oak Leaf" lolololol

No Rotman = Shareholder Value
๐Ÿ‘๏ธ0

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