Vystar Corp (VYST) 0.0302 $VYST
Vystar 2014 Financial Highlights: Debt, Loss Reduced; Positioned for New Markets
Marketwired - Thu Apr 23, 7:28AM CDT
Vystar Corp. (OTC PINK: VYST) posted financial results for the 12 months ended December 31, 2014 that included increased revenue and decreased loss. "2014 was a year of cleaning up and rebuilding to position Vystar for the future," stated William Doyle, CEO of Vystar. "We had a small increase in year over year revenue and decreased our loss with the closure of our unprofitable SleepHealth division and the sell off of the SleepHealth assets. We took the opportunity to refocus our efforts in the sleep industry and brought in a new medical director in 2014 who is helping us turn our Kiron Clinical Sleep Lab division around. In addition, we settled three litigation suits, reduced convertible debt by 23 percent and made substantial progress on new product research and development that has positioned Vystar for strategic entry into several new markets. We're already seeing the benefits of the steps we took in 2014 that are translating to improved financial performance in 2015."
Natural Rubber Latex Expert Dr. Ranjit Matthan Joins Vystar Board of Directors
Marketwired - Thu Mar 12, 7:25AM CDT
Ranjit K. Matthan, Ph.D., an internationally renowned latex and rubber expert, has joined Vystar Corporation's (OTC PINK: VYST) Board of Directors. Dr. Matthan has been a consultant to Vystar since 2008 and has played a significant role in the manufacturing scale up of reduced-protein Vytex(R) natural rubber latex (NRL) in Malaysia and refining the research and development of manufacturing processes for applications using Vytex NRL, such as latex foam, condoms, adhesives, medical devices, etc.
Vystar Corporation Names New Acting CFO
Marketwired - Thu Feb 19, 6:55AM CST
Vystar(R) Corp. (OTC PINK: VYST) has named Warren Binderman, CPA, as its acting Chief Financial Officer, effective immediately. Vystar President and CEO, William Doyle previously executed the CFO duties.
Vystar Corp. Awards Rotman-Eisenberg-Led Nature's Home Solutions Exclusive Distribution Rights for Eco-Friendly Vytex(R) NRL Foam
Marketwired - Thu Jan 22, 7:02AM CST
Vystar(R) Corp. (OTC PINK: VYST) has entered an exclusive agreement with Nature's Home Solutions (NHS), a new distribution company led by Steve Rotman and Tom Eisenberg, for U.S. distribution rights of Vystar's Vytex(R) Natural Rubber Latex (NRL) foam. (see related NHS Launch Release) Nature's Home Solutions is devoted to identifying and bringing to market innovative, sustainably sourced, eco-friendly materials and technologies for use in furnishings and other markets. NHS will have exclusive distribution rights to Vytex NRL foam for the U.S. furnishings, homegoods and other markets and non-exclusive distribution rights to Vytex NRL threads for the U.S. apparel industry.
Vystar's board authorises spinoff of natural rubber latex business
M2 - Mon Sep 15, 4:20AM CDT
The board of directors of Vystar (OTCBB:VYST), a natural rubber latex company, on Friday approved the spinoff of its natural rubber latex business into a separate publicly-traded entity through a pro rata distribution deal.
Vystar Board Approves Natural Rubber Latex Business Spinoff
Marketwire - Fri Sep 12, 7:51AM CDT
Vystar(R) Corporation's (OTCBB: VYST) ("Vystar"
, Board of Directors has authorized management to pursue the spinoff of its Vytex(R) natural rubber latex business into a separate publicly-traded entity initially concentrating on the foam markets (mattresses, pillows and mattress toppers), while the parent will continue to focus on growing the sleep health and wellness market. Each entity would have its own management team and Board of Directors. Vystar is the exclusive creator of Vytex Natural Rubber Latex (NRL), a multi-patented, all-natural raw material that contains significantly reduced levels of non-rubber particles and proteins found in natural rubber latex.
Vystar 2014 Financial Highlights: Debt, Loss Reduced; Positioned for New Markets
Marketwired - Thu Apr 23, 7:28AM CDT
Vystar Corp. (OTC PINK: VYST) posted financial results for the 12 months ended December 31, 2014 that included increased revenue and decreased loss. "2014 was a year of cleaning up and rebuilding to position Vystar for the future," stated William Doyle, CEO of Vystar. "We had a small increase in year over year revenue and decreased our loss with the closure of our unprofitable SleepHealth division and the sell off of the SleepHealth assets. We took the opportunity to refocus our efforts in the sleep industry and brought in a new medical director in 2014 who is helping us turn our Kiron Clinical Sleep Lab division around. In addition, we settled three litigation suits, reduced convertible debt by 23 percent and made substantial progress on new product research and development that has positioned Vystar for strategic entry into several new markets. We're already seeing the benefits of the steps we took in 2014 that are translating to improved financial performance in 2015."
Natural Rubber Latex Expert Dr. Ranjit Matthan Joins Vystar Board of Directors
Marketwired - Thu Mar 12, 7:25AM CDT
Ranjit K. Matthan, Ph.D., an internationally renowned latex and rubber expert, has joined Vystar Corporation's (OTC PINK: VYST) Board of Directors. Dr. Matthan has been a consultant to Vystar since 2008 and has played a significant role in the manufacturing scale up of reduced-protein Vytex(R) natural rubber latex (NRL) in Malaysia and refining the research and development of manufacturing processes for applications using Vytex NRL, such as latex foam, condoms, adhesives, medical devices, etc.
Vystar Corporation Names New Acting CFO
Marketwired - Thu Feb 19, 6:55AM CST
Vystar(R) Corp. (OTC PINK: VYST) has named Warren Binderman, CPA, as its acting Chief Financial Officer, effective immediately. Vystar President and CEO, William Doyle previously executed the CFO duties.
Vystar Corp. Awards Rotman-Eisenberg-Led Nature's Home Solutions Exclusive Distribution Rights for Eco-Friendly Vytex(R) NRL Foam
Marketwired - Thu Jan 22, 7:02AM CST
Vystar(R) Corp. (OTC PINK: VYST) has entered an exclusive agreement with Nature's Home Solutions (NHS), a new distribution company led by Steve Rotman and Tom Eisenberg, for U.S. distribution rights of Vystar's Vytex(R) Natural Rubber Latex (NRL) foam. (see related NHS Launch Release) Nature's Home Solutions is devoted to identifying and bringing to market innovative, sustainably sourced, eco-friendly materials and technologies for use in furnishings and other markets. NHS will have exclusive distribution rights to Vytex NRL foam for the U.S. furnishings, homegoods and other markets and non-exclusive distribution rights to Vytex NRL threads for the U.S. apparel industry.
Vystar's board authorises spinoff of natural rubber latex business
M2 - Mon Sep 15, 4:20AM CDT
The board of directors of Vystar (OTCBB:VYST), a natural rubber latex company, on Friday approved the spinoff of its natural rubber latex business into a separate publicly-traded entity through a pro rata distribution deal.
Vystar Board Approves Natural Rubber Latex Business Spinoff
Marketwire - Fri Sep 12, 7:51AM CDT
Vystar(R) Corporation's (OTCBB: VYST) ("Vystar"
, Board of Directors has authorized management to pursue the spinoff of its Vytex(R) natural rubber latex business into a separate publicly-traded entity initially concentrating on the foam markets (mattresses, pillows and mattress toppers), while the parent will continue to focus on growing the sleep health and wellness market. Each entity would have its own management team and Board of Directors. Vystar is the exclusive creator of Vytex Natural Rubber Latex (NRL), a multi-patented, all-natural raw material that contains significantly reduced levels of non-rubber particles and proteins found in natural rubber latex. 
