Company Description
Vystar Corporation (OTCQB: VYST) is a diversified company that develops and owns environmentally focused technologies and products. According to multiple company disclosures, Vystar is based in Worcester, Massachusetts and is associated with eco-friendly materials, air purification systems, fluid energy technologies, and tokenization of collectibles and digital assets.
The company highlights four main areas of focus: Vytex, RxAir, Fluid Energy Conversion/Fluid Energy Solutions, and GoPaid.com. Across these areas, Vystar emphasizes ownership of patents, copyrights, and other intellectual property, and states that it concentrates on markets where its products can be protected from duplication by competitors.
Vytex Natural Rubber Latex
Vytex is described by Vystar as a multi-patented, all-natural natural rubber latex (NRL) material. Company materials state that Vytex contains significantly reduced levels of the proteins found in traditional natural rubber latex, which are associated with latex allergies and odor. Vystar reports that Vytex can be used as a raw material in a broad range of consumer and medical products and characterizes it as stronger, more durable, environmentally safe, and fully biodegradable.
Vystar notes that Vytex can be manufactured into allergy- and ammonia-free natural latex products. Examples cited by the company include foam used in pillows, mattresses and toppers, gloves, condoms, and other latex products. Vytex is also described as compatible with several synthetic rubbers. Vystar has discussed Vytex being used in multiple mattress lines, toppers, industrial adhesives, apparel padding and threads, shoes, sports equipment, and electrical gloves, and continues to reference ongoing development of new Vytex formulations.
The company has promoted Vytex-based finished goods such as the Vytex Cloud Bed-in-a-Box mattresses and Vytex foam toppers, which it describes as made from all-natural, sustainably sourced Vytex latex. Vystar states that Vytex foam is designed to retain resilience over long periods, provide body support while easing pressure points, be virtually allergen and odor free due to its deproteinization process, and offer breathability and antimicrobial characteristics. The company also emphasizes that Vytex production uses less water and chemicals compared with some alternatives and that Vytex is biodegradable.
RxAir UV Light Air Purification
RxAir is Vystar’s UV light air purification product line. Vystar describes RxAir units as UV-C light air purification systems intended to destroy airborne viruses, bacteria, and other pathogens. The company reports that RxAir products have been independently tested by EPA- and FDA-certified laboratories and that certain models are FDA-cleared as Class II medical devices.
Vystar has discussed two main RxAir product families: an industrial-scale unit (often referenced as Rx3000) for hospitals and similar medical facilities, and a smaller consumer and small-business unit (often referenced as RxAir400). The company states that these systems use a UV-C “kill chamber” to expose air to germicidal wavelengths for extended periods, with the goal of inactivating airborne pathogens. Vystar has also described features such as multiple fan speeds, portability, and optional wall-mounting hardware.
In addition, Vystar has announced an extended-life UV-C bulb replacement cartridge for RxAir400, which it says offers a longer usable life compared with the standard cartridge. The company notes that RxAir units and bulb cartridges incorporate chips that communicate to alert users when bulbs approach the end of their effective life and need replacement.
Fluid Energy Conversion / Fluid Energy Solutions
Through its Fluid Energy Conversion (FEC) and Fluid Energy Solutions activities, Vystar is associated with technologies that manipulate the flow of liquids and gases to create and control energy. The company describes the Hughes Reactor as a patented technology that changes the flow of liquid or gas into sound waves, which can be ramped up to powerful levels using a mechanism with no moving parts.
According to Vystar, this technology can be used to harness energy for various applications, including measuring flow, aiding chemical reactions such as combustion, mixing chemicals, and enhancing air and water purification. The company has reported development of a next-generation RxAir prototype that combines ultrasonics with ultraviolet energy, with the goal of more uniformly exposing airborne agents to UV light and potentially affecting organisms on surfaces or in nearby airspace.
GoPaid.com and Collectibles Tokenization
GoPaid.com is identified by Vystar as a partner/investment and as one of its four key focus areas. Company descriptions state that GoPaid.com is involved in tokenizing real-world collectibles that can be traded on the blockchain. Vystar has reported that GoPaid’s collection of memorabilia backs a cryptocurrency as a real-world asset and that GoPaid may sell items from its collection or allow select large holders of its cryptocurrency to borrow items for display.
Vystar has also announced a binding Letter of Intent to acquire an equity stake in GoPaid.com LLC, with the transaction including an interest in GoPaid’s proprietary cryptocurrency, subject to valuation terms. Under that Letter of Intent, Vystar expects to hold a minority, non-controlling interest and to focus on strategic planning, technology integration, and collaboration.
In connection with GoPaid.com and a joint venture with Capital R3alm, Vystar has discussed plans for R3alm Collectibles, a tokenized collectibles and NFT marketplace, and R3alm Oracle, a decentralized oracle network focused on collectibles and memorabilia markets. The company’s disclosures describe objectives such as tokenizing sports and non-sport collectibles, music memorabilia, and movie posters into fractional digital tokens, and building infrastructure for valuations, provenance verification, and market analytics.
Business Model and Intellectual Property Focus
Across its lines of business, Vystar repeatedly emphasizes that it owns formulations, patents, and intellectual property underlying its products and technologies. The company states that it aims to operate in areas where it can make products that are protected by patents and copyrights, which it believes limits the ability of potential competitors to duplicate those products.
Vystar’s activities span materials science (Vytex natural rubber latex), health-related air purification (RxAir UV-C systems), fluid energy and ultrasonic technologies (FEC and the Hughes Reactor), and digital asset and collectibles tokenization (GoPaid.com and related initiatives). The company has also referenced experience with public-company governance and capital markets as part of its participation in these sectors.
Legal and Corporate Developments
Vystar has publicly reported involvement in litigation related to convertible notes. In particular, the company has disclosed a court decision in which a New York federal district court dismissed a complaint by EMA Financial, Inc. seeking damages and awarded legal fees to Vystar, and a subsequent decision by the United States Court of Appeals for the Second Circuit affirming that dismissal. Vystar has characterized this outcome as significant for micro-cap issuers facing similar claims.
Stock and Sector Classification
Vystar Corporation’s shares trade on the OTCQB market under the symbol VYST. While certain classification data list the company in the mining and extraction sector, Vystar’s own descriptions focus on natural rubber latex materials, air purification devices, fluid energy technologies, and collectibles tokenization rather than traditional mineral extraction or fertilizer mining operations.
FAQs about Vystar Corporation (VYST)
- What does Vystar Corporation do?
Vystar Corporation describes itself as a diversified innovation company focused on eco-friendly products and collectibles monetization. Its principal activities involve Vytex natural rubber latex materials, RxAir UV-C air purification products, Fluid Energy Conversion/Fluid Energy Solutions technologies, and GoPaid.com tokenization of collectibles and digital assets. - Where is Vystar Corporation based?
Company disclosures state that Vystar Corporation is based in Worcester, Massachusetts. - What is Vytex and how is it used?
Vytex is Vystar’s multi-patented natural rubber latex material with significantly reduced protein content. The company reports that Vytex can be used in products such as medical devices, catheters, tubing, condoms, gloves, foam mattresses, toppers, pillows, cushions, balloons, adhesives, sports equipment, footwear, apparel, threads, and electrical gloves, and that it is biodegradable and environmentally safe. - What are RxAir products?
RxAir is Vystar’s line of UV-C light air purification systems. Vystar states that these products are designed to destroy airborne viruses, bacteria, and other pathogens using a UV-C “kill chamber,” and that certain models have FDA clearance as Class II medical devices and have been tested by EPA- and FDA-certified laboratories. - What is Fluid Energy Conversion (FEC) and the Hughes Reactor?
Fluid Energy Conversion and Fluid Energy Solutions relate to technologies that convert the flow of liquids or gases into sound waves using the Hughes Reactor. Vystar reports that this technology can generate powerful, controllable energy for uses such as measuring flow, enhancing combustion, mixing chemicals, and improving air and water purification. - How is Vystar involved with GoPaid.com?
Vystar identifies itself as a partner/investor in GoPaid.com and has announced a binding Letter of Intent to acquire a minority equity stake and a portion of GoPaid’s proprietary cryptocurrency. The company states that GoPaid.com tokenizes real-world collectibles, backs a cryptocurrency with its memorabilia collection, and may sell or lend items to certain holders of that cryptocurrency. - What is R3alm Collectibles and R3alm Oracle?
In collaboration with GoPaid.com and Capital R3alm, Vystar has described plans for R3alm Collectibles, a tokenized collectibles and NFT marketplace, and R3alm Oracle, a decentralized oracle network focused on collectibles and memorabilia. These initiatives are intended to support tokenization, valuation, and analytics for physical memorabilia and digital assets. - On which market does Vystar’s stock trade and what is its ticker?
Vystar’s common stock trades on the OTCQB market under the ticker symbol VYST. - How does Vystar describe its approach to competition?
Vystar states that it seeks to operate in areas where it can make products protected by patents and copyrights. The company believes this intellectual property focus helps prevent potential competitors from duplicating its products. - What legal matters has Vystar disclosed?
Vystar has disclosed litigation with EMA Financial, Inc. involving a convertible note. The company reports that a New York federal district court dismissed EMA’s complaint and awarded legal fees to Vystar, and that the United States Court of Appeals for the Second Circuit later affirmed the dismissal.