Insider Buying: Vystar Corp (VYST) Chairman Acquires 175,000 Shares of Stock
Vystar Corp (OTCMKTS:VYST) Chairman William R. Doyle purchased 175,000 shares of the stock in a transaction dated Friday, June 23rd. The shares were acquired at an average price of $0.06 per share, with a total value of $10,500.00. Following the transaction, the chairman now owns 2,874,799 shares in the company, valued at $172,487.94. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Shares of Vystar Corp (OTCMKTS VYST) traded up 0.000% during midday trading on Monday, hitting $0.105. The company’s 50-day moving average price is $0.13 and its 200 day moving average price is $0.14. Vystar Corp has a 52 week low of $0.02 and a 52 week high of $0.24. The firm’s market cap is $12.58 million.
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About Vystar Corp
Vystar Corporation is the creator and owner of the technology to produce Vytex Natural Rubber Latex (NRL). The Company’s technology reduces antigenic protein and non-rubbers in natural rubber latex to undetectable levels. The Company operates in two segments: Vytex Division and Kiron Division. The Vytex Division is focused on expanding the licensing and utilization of its source natural rubber latex technology.
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