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Vystar Corp VYST
(Total Views: 236)
Posted On: 05/07/2019 9:51:09 PM
Post# of 1215
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Posted By: AJH92
Update: "Update on Rotmans deal. We are in the home stretch. The vast majority of work left is getting signoff from all the various partners (not owners). These include; the leases on trucks & picker machines, bank inventory loans (almost finished), the landlord for warehouse, NetSuite..."

https://twitter.com/VystarCompany/status/1125876873580335104

"As an example, Netsuite; Rotmans spent about $1.5 Mill to acquire and install the system. There is an annual cost of $100K for updates, paid monthly, which, acts as a lease. The change in control means we need their approval. This is a good example of the items left."

https://twitter.com/VystarCompany/status/1125880770659094528

"When the auditors were in doing the physical inventory at Rotmans, they just kept saying, when is Vystar is moving to this system? It was easier to audit Rotmans inventory than Vystar's. Netsuite is a huge asset for Vystar to acquire."

https://twitter.com/VystarCompany/status/1125884034259738624














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"Per Ardua Ad Astra" - "Through Adversity To The Stars"

A very apposite motto for those who trade successfully in the OTC market..

All posts are my opinion - trade at your own risk.



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