Highest-materiality recent filing
Vystar issued 8,371 Series B shares convertible into 8.37M common shares (34% fully vested upon IP proof).
Employment agreement retroactive to Jan 1, 2024 formalizes $180K salary payable in Series C Preferred or common stock at 50% discount to 20-day average (floor $0.01) or cash.
Auditor Macias Gini & O'Connell resigns from Vystar; going concern doubt continues
MGO resigned effective Dec 6, 2023, citing no recommendation by audit committee or board.
Court dismisses EMA's $4.226M breach-of-contract claim against Vystar
Court ruled EMA breached conversion terms; Vystar satisfied note repayment.
Vystar completes 100:1 reverse stock split; authorizes Series B/C preferred to convert $7.35M debt
100:1 reverse stock split effective Dec 9, 2022; shares outstanding reduced from ~1.29B to ~12.94M; fractional shares rounded up.
Vystar subsidiary Rotmans Furniture going out of business; liquidation begins Oct 14
Majority-owned subsidiary Rotmans Furniture announces going-out-of-business sale starting October 14, 2022.
On December 21, 2023, Ms. Jamie Rotman was appointed as President and Director of the Company effective December 21, 2023 until any successor is appointed or upon her resignation, termination or retirement.
On December 21, 2023, Mr. Steven Rotman, President of the Company, gave notice of his retirement as President and officer of the Company, and as a director of the Company, effective immediately.
On May 23, 2022, Dr. Ranjit K. Matthan resigned as a Director effective immediately after serving since his appointment on 2015.
Max materiality 0.75 · Median 0.60 · Most common event other_material