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Last $0.05 USD
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VYST On Other Exchanges
As of 8:10 PM 11/19/15 All times are local (Market data is delayed by at least 15 minutes).

vystar corp (VYST) Key Developments

Vystar Corporation Announces Executive Changes

Vystar Corporation's board of directors voted to expand the executive management team by splitting the roles of chairman of the board of directors and CEO, both previously held by William Doyle, upon his recommendation. The board elected Thomas L. Mills, a member of the Vystar Board of Directors, as the new chairman of the board. Doyle will continue to serve as CEO and President of Vystar.

Vystar Corporation announced delayed 10-Q filing

On 08/17/2015, Vystar Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Vystar Corporation, Annual General Meeting, Aug 21, 2015

Vystar Corporation, Annual General Meeting, Aug 21, 2015., at 09:00 US Eastern Standard Time. Location: The offices of Greenberg Traurig, LLP. Agenda: To elect as directors of the company the five persons named in the accompanying Proxy Statement for terms expiring at the 2016 annual meeting; to ratify the appointment of Porter Keadle Moore, LLC as the company's independent registered public accounting firm for the fiscal year ending December 31, 2015; and to transact any other business properly brought before the meeting.

Vystar Corporation Announces Executive Changes

On April 30, 2015, Vystar Corporation announced that the agreement between the company and Warren S. Binderman with respect to Mr. Binderman serving as the Company’s Acting Chief Financial Officer expired. Effective May 1, 2015, William R. Doyle, Chairman, President and Chief Executive Officer of the Company, reassumed the role of Chief Financial Officer.

Vystar Corp. Announces Consolidated Earnings Results for the Year Ended December 31, 2014; Provides Earnings Guidance for the Year 2015

Vystar Corp. announced consolidated earnings results for the year ended December 31, 2014. For the year, the company reported revenue of $650,991 compared to $332,692 in 2013, an increase of $318,299 over 2013. The company’s revenue expectations for 2013 and 2014 were negatively affected by the failure of the Seller of SleepHealth and contract General Manager to deliver any of the promised Durable Medical Equipment revenue and the Seller of Kiron and contracted Medical Director dissolving his Limited Liability Company and not continuing in this role. The company reduced its net loss by 42.9% with a loss of $1.44 million versus $2.51 million for 2013. For the years ended December 31, 2014 and 2013, net loss per share was $0.03 and $0.08 respectively. The company provided earnings guidance for the year 2015. The company expects that it is already seeing the benefits of the steps it took in 2014 that are translating to improved financial performance in 2015.


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