Latest news with #Vystar
Business Upturn
9 hours ago
- Business
- Business Upturn
Second Circuit Affirms Dismissal of Complaint Against Vystar In the Case Of EMA Financial LLC v. Vystar Corp.
Boston, MA, July 21, 2025 (GLOBE NEWSWIRE) — Vystar ® Corporation (OTCQB: VYST) On November 27, 2024, the New York federal district court in the case EMA Financial LLC v. Vystar Corp ., 19-cv-1545 (GWG) issued a first of its kind court victory for a micro-cap issuer, Vystar, denying EMA Financial's $4,226,187 claim for damages as it related to a toxic convertible note issue. While the district court did not grant Vystar's counterclaim for damages, in addition to dismissing EMA Financial's complaint the district court awarded Vystar legal fees. Both parties appealed the decision to the United States Court of Appeals for the Second Circuit. EMA Financial sought to have the appellate court reverse the district court's dismissal of the complaint. Vystar opposed the appeal and further cross-appealed seeking to have the appellate court reverse that portion of the decision denying Vystar's counterclaims for damages associated with EMA Financial's breach of the terms of the convertible note You can click on this link to see Vystar's appeal.. On July 17, 2025, the Second Circuit issued its decision, affirming the district court's decision. You can click on the link to read the brief. While Vystar was disappointed that the Second Circuit did not reverse that portion of the district court's decision denying Vystar's counterclaim, the result of this decision sends the case back to the district court for a determination of legal fees to be awarded to Vystar. Vystar has accrued on its books approximately one million dollars from 2018 to date. Vystar wishes to take a moment to thank all of those involved in the work associated with this litigation. No issuer had previously succeeded in fighting back against EMA Financial's breach of contract claims on these convertible notes. Leading this charge for Vystar was its litigation counsel, Barry Bordetsky of The Law Offices of Barry M. Bordetsky. Barry's work was strategic and methodical, nothing short of a full-fledged fight for Vystar in this David versus Goliath battle. It's rare to find a litigator so dedicated and talented that is willing to work with a small company, going above and beyond what was required in the fight for Vystar. Without such counsel protecting Vystar, the company very well may have fallen into similar circumstances of the other the micro-cap issuers sued by EMA Financial – – having judgments issued against them. About Vystar Corporation: Based in Worcester, Mass., Vystar® Corp. (OTCQB: VYST) is the owner of RxAir® UV light air purification products that destroy harmful airborne viruses and pathogens, Vytex® Natural Rubber Latex (NRL), and Fluid Energy Solutions. Vytex is a multi-patented, all-natural, raw material that contains significantly reduced levels of the proteins found in natural rubber latex for a stronger, more durable, yet environmentally safe, 'green' and fully biodegradable product that can be used in a broad range of consumer and medical products. For more information, visit . Forward-looking Statements: Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of VYST officials are 'Forward-Looking Statements' within the meaning of the Private Securities Litigation Reform Act of 1995 (the 'Act'). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as 'believes,' 'anticipates,' 'intends,' 'plans,' 'expects,' and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future VYST actions, product development and delivery, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and VYST has no specific intention to update these statements. Follow us on social media: Twitter: @ VystarCompany @vytex Contacts: Vystar Media & Investors: Jamie Rotman, j [email protected] Media, Investors or To Partner with Vystar, Company Phone Number: (508) 791-9114 Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
6 days ago
- Business
- Yahoo
Vystar Launches New Website and Unveils Brand Refresh www.vytex.com
Boston, MA, July 16, 2025 (GLOBE NEWSWIRE) -- Vystar® Corporation (OTCQB: VYST) Vytex manufacturer Vystar has today launched a newly-redesigned website to work alongside the new brand refresh and overall digital strategy. The completely redesigned site has a clean, responsive design and improved navigation, bringing a new look and feel to the company whilst still injecting their core values. Vystar Corporation CEO, Jamie Rotman stated: 'We're excited to further engage with our customers and improve the consumer experience as they interact with our company. Our new revitalized website includes a new design that better reflects our evolution over the last several years and who we are today. We're constantly working on new technologies to enhance the entire sleep journey and we believe our new website reflects that.' Vytex® is the healthiest, purest and topper and pillow material offering the ultimate in comfort and durability features: Retains bouncy resilience for decades vs 3–6-year lifespan of other foam toppers and pillows Provides full body support while easing pressure points: Buoyantly floats your body for easy movement, eliminating saggy, overly soft spots Has 99.8% of proteins and impurities removed to be virtually allergen-free Vytex deproteinization process creates a stronger, more durable foam Breathability ensures sweat-free comfort, resists moisture absorption and bacteria Naturally repels bedbugs and dust mites Isolates movement from others for a more restful, uninterrupted sleep. Won't discolor like petrochemical based memory foam or polyurethane foam Vytex's Environmentally-friendly features: Sustainably produced and 100% biodegradable, Eco-friendly – uses less water and chemicals during manufacture. Free of traditional latex odor without other foams' masking fragrances Free of VOCs, phthalates and BPA common to petrochemical foams Naturally brighter and whiter latex – no dyes or bleaching needed 'After decades in the furniture business, I can confidently state that Vytex is far superior to memory foam, polyurethane and traditional latex foam for mattress toppers,' noted Jamie Rotman, CEO of Vystar. 'Memory foams have harmful off-gassing, and absorb body heat and moisture, creating a petri dish of bacteria and smells. Vytex retains its resilience and bright clean white color for decades of use, long after other foams lose their buoyancy and support capability -- often within the first year. You simply can't beat Vytex for comfort, durability, eco-friendliness and long-term value. The Vytex topper is the perfect solution for consumers who want to make their mattresses more luxurious and comfortable or get a few more years use from their too firm or too saggy mattress – all for a very nominal cost.' Vytex is currently used in multiple mattress lines, toppers, industrial adhesives, apparel padding and threads, shoes, sports equipment and electrical gloves. Vystar continues development of new Vytex formulations and is seeking additional manufacturing and development partners for numerous products including condoms, clothing, medical supplies, household products, sports equipment, shoes/sneakers, and industrial products. About Vystar Corporation: Based in Worcester, Mass., Vystar® Corp. (OTCQB: VYST) is the owner of RxAir® UV light air purification products that destroy harmful airborne viruses and pathogens, Vytex® Natural Rubber Latex (NRL), and Fluid Energy Solutions. Vytex is a multi-patented, all-natural, raw material that contains significantly reduced levels of the proteins found in natural rubber latex for a stronger, more durable, yet environmentally safe, "green" and fully biodegradable product that can be used in a broad range of consumer and medical products. For more information, visit Forward-looking Statements: Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of VYST officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future VYST actions, product development and delivery, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and VYST has no specific intention to update these statements. Follow us on social media:Twitter: @VystarCompany @vytex Contacts:VystarMedia & Investors: Jamie Rotman, jrotman@ Distributor Opportunities: info@ Investors or To Partner with Vystar, Company Phone Number: (508) 791-9114 For information on FEC partnerships, contact info@ or 508-791-9114
Yahoo
09-05-2025
- Health
- Yahoo
Vystar Develops Revolutionary Leap in Air Purification Utilizing its Patented Hughes Reactor
Boston, MA, May 09, 2025 (GLOBE NEWSWIRE) -- Vystar® Corporation (OTCQB: VYST) Vystar has completed what it believes to be a revolutionary, next-generation RXAIR prototype using the new Fluid Energy Conversion - Hughes Reactor. The Hughes Reactor was developed by Dr. Bryan Stone, a Vystar board member. Vystar has been working on this new technology for the last several years and the device is now going for final pre-production testing. Fluid Energy Conversion's (FEC) Technology - Nathanial Hughes, FEC's founder and chief scientist, pushed the envelope of fluidics and boundary layer science to develop FEC's technology that exhibits remarkable control of molecular interactions creating an ability to control, enhance, and focus energy in air, flowing liquids and gases. This conversion process can both "energize" the flow material and convert what is normal "waste energy" into usable energy. Bryan Stone, M.D., who currently serves as medical director for DaVita Healthcare and owner of Desert Nephrology Medical Group has now taken the lead to complete Mr. Hughes' work. Through this technology Vystar's products will be able to improve control of biologic airborne disease by combining ultrasonics and ultraviolet energy. This is a unique approach exclusive to Vystar that offers an array of advantages. In particular, the airborne agents will be more uniformly exposed to the ultraviolet light in the 'kill chamber'. Further, the ultrasonics can be powered to destroy carbon bonds, further deconstructing bacterial and viral shells as well as destroying allergens. Ultrasonics can be further enhanced to reach outside the 'kill chamber' where it can eradicate organisms on surfaces or in airspace near the device. This is a massive leap beyond typical air purification units which can only trap or destroy germs, viruses and bacteria within the unit. 'I am looking forward to focusing more resources on these areas in the future and sharing details of our progress as we apply this technology to meet the challenges of improving air and water purification,' stated Dr. Stone. The Hughes Reactor changes flow of liquid or gas into sound waves. Further, the sound can be ramped up to very powerful levels using a mechanism that has no moving parts. This provides Vystar the ability to harness this energy into various uses. By itself, it is only a key part of something much larger. This energy is powerful, clean, and controllable. It can be used to measure flow, to push forward chemical reactions such as combustion, or to mix chemicals together thoroughly and instantly. Vystar continues to move forward with technology to protect the environment where its products are placed, and as important, those within it. About Vystar Corporation: Based in Worcester, Mass., Vystar® Corp. (OTCQB: VYST) is the owner of RxAir® UV light air purification products that destroy harmful airborne viruses and pathogens, Vytex® Natural Rubber Latex (NRL), and Fluid Energy Solutions. Vytex is a multi-patented, all-natural, raw material that contains significantly reduced levels of the proteins found in natural rubber latex for a stronger, more durable, yet environmentally safe, "green" and fully biodegradable product that can be used in a broad range of consumer and medical products. For more information, visit Forward-looking Statements: Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of VYST officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future VYST actions, product development and delivery, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and VYST has no specific intention to update these statements. Follow us on social media:Twitter: @VystarCompany @RxAirFacebook: @RxAirInstagram: @rxair_air_purification Contacts:VystarMedia & Investors: Jamie Rotman, jrotman@ Opportunities: info@ Investors or To Partner with Vystar, Company Phone Number: (508) 791-9114For information on FEC partnerships, contact info@ or 508-791-9114Sign in to access your portfolio
