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Patient Access Solutions Inc. (PASHealth) (PASO)

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Last Post: 11/30/2020 9:54:47 PM - Followers: 507 - Board type: Free - Posts Today: 104

$PASO

Patient Access Solutions, Inc.

 

Authorized Shares
2,500,000,000
09/22/2020
Outstanding Shares

1,082,491,116
09/22/2020
Float

221,164,905
09/11/2020


 



 


 

HUGE Merger Folks!!! UST Global, SiriusIQ and CLX Health

 

The increase that has been approved by the majority of Shareholders is 1,750,000,000 and provides us flexibility to use a portion of these newly authorized shares to close the transaction with CLX, as well as with any other entity, by providing enough shares in the Treasury to issue a new series of Convertible Preferred shares envisioned to be priced at $15.00 per share.

This clearly provides the Company with a new class of security that will not be deemed a penny stock. It is believed that this will provide us access to both an entire new group of sophisticated and professional investors to finance our planned growth.

The Company wishes to announce today that it has approved two actions for its existing loyal shareholders as well as new prospective shareholders. Both these actions involve the new Series C Convertible Preferred Stock. The first is a dividend to all shareholders of record on September 18, 2020 at the close of the market. For every 5,000 shares of common stock then owned, each shareholder will receive one (1) Series C Convertible Preferred share. This equates to a 5% one-time dividend for any shareholder of record for every 5,000 shares owned. The second item the Company has authorized is a tender offer for all common shareholders of record on the same date.

This tender offer is envisioned to benefit our loyal long term shareholders by providing them a way to earn an annual rate of 6% on their investments as they wait for our Company to achieve all the success we believe we will.  The way to do this is by exchanging your common shares for the new Series C Convertible Preferred stock. That conversion rate will be one (1) share of the new Preferred for every 250 shares of common owned.

PASO and its Board have been actively pursuing additional transactions in addition to the LOI with CLX Health, LLC. We look forward to sharing the results as they become available.




INSIDER BUYS ON THE OPEN MARKET

Joseph Gonzalez
https://backend.otcmarkets.com/otcapi/company/financial-report/240429/content
https://backend.otcmarkets.com/otcapi/company/financial-report/242201/content

Jarvis Shockey
https://backend.otcmarkets.com/otcapi/company/financial-report/240473/content
https://backend.otcmarkets.com/otcapi/company/financial-report/241934/content
 


Patient Access Solutions Inc. Provides Corporate Update

Commack, NY, April 17, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Patient Access Solutions, Inc. (OTC PINK: PASO), a provider of technology and management solutions for the healthcare and financial industries, is proud to update its shareholders:
Dear Shareholders:
RE: Merger
As we previously shared via our Corporate Twitter account, The Covid-19 Pandemic had a direct impact on the timeline of the negotiations and pending transaction with the Private Equity represented Merger Candidate. Throughout this unfortunate pause we continued to coordinate with our advisors and representation of all parties involved to assure the opportunity would remain active moving forward.

We are pleased to announce the process has been restarted with a target date to have a Letter of Intent (LOI) secured on or before May 29th with closing of the transaction before the end of June. The adjusted timeline is at the request of the Merger Candidate so as to secure two final agreements prior to the transaction. The Covid-19 situation that has impacted the world has ironically created an opportunity to restart the process sooner than was anticipated as Global M&A for the most part had been suspended. 

RE: Dividend
With the transaction process being reinitiated we are pleased to announce that the previously announced dividend will be finalized in the coming days. We expect to have a formal announcement regarding calculations and shareholder minimums to participate next week. 

RE: Communication
The Board of Directors and Advisors are committed to transparency and appreciate the email requests for more information regarding potential merger candidates, confirmation of timelines, etc. We respectfully request that shareholders be patient during this last stretch as we cannot acknowledge anything more than has been communicated via our official twitter account or Press Release. It’s in the best interest of all shareholders that this final phase of the process remain highly confidential to protect the integrity of the transaction.
We once again want to assure our shareholders that the organization is committed to a transaction that will maximize shareholder value and that is the primary focus of all our activities.

About Patient Access Solutions Inc.(www.pashealth.com)
Patient Access Solutions Inc. (PASHealth) is a Healthcare Solutions company which has created a formidable array of technology, management resources and allies to enable it to become an agent of radical change in what has traditionally been a slowly evolving healthcare environment. For more information about the services and products of Patient Access Solutions, please visit our website at www.pashealth.com.
 



Patient Access Solutions Inc. Shareholder Update

Commack, NY, Feb. 13, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Patient Access Solutions, Inc. (OTC PINK: PASO), a provider of technology and management solutions for the healthcare and financial industries, is proud to update its shareholders:
Dear Shareholders:
During the past month we had hoped to be in a position to announce completion of the Letter of Intent for the previously disclosed merger before the end of January, 2020. There have been several factors that have delayed completion of this step. We would like to assure shareholders that the merger negotiations are in a very active state. The merger candidate partner is represented by a New York, NY based private equity firm with $50 Billion Dollars under management and the deal size has several moving parts that need to be managed to make the entire transaction a success.

 

All Preferred Series A shares have been returned to the Corporate Treasury

Dec 16, 2019
All Preferred Series A shares have been returned to the Corporate Treasury. The BoD of the Company has signed a resolution canceling those shares. NV SOS is in the process of being updated. We will continue to update as developing events become formalized

 

Patient Access Solutions, Inc. Announces Return to Treasury of 25,000,000 Common Shares

Commack, New York, Aug. 22, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Patient Access Solutions, Inc. (OTC: PASO), a provider of technology and management solutions for the healthcare industry, is pleased to announce its Officers and Board of Directors have agreed to return twenty-five million (25,000,000) shares of common stock. The shares will be canceled and returned to the treasury to increase overall shareholder value.
The corporate growth is focused on efficiency, profitability, and expansion. Those key factors made it necessary to coordinate this step as we transition into the next phase of development as an organization. This restructuring allows the Company to build shareholder value and progress towards achieving its 2019 initiatives. The Company will update its shareholders over the coming weeks with additional information.

Patient Access Solutions Inc. Names Healthcare Industry Veteran to Board of Advisors
https://www.otcmarkets.com/stock/PASO/news/Patient-Access-Solutions-Inc-Names-Healthcare-Industry-Veteran-to-Board-of-Advisors?id=245134

Patient Access Solutions Inc. Names Two Members to Board of Advisors
https://www.otcmarkets.com/stock/PASO/news/Patient-Access-Solutions-Inc-Names-Two-Members-to-Board-of-Advisors?id=244885

Additional: At this time, pre-merger operations of Patient Access Solutions, Inc’s annual financials have been submitted and posted accrued sales in excess of $2M as well as confirming its Regulation A Offering as currently non-effective.
Its easy to see why investors are excited about PASO; the beefed up bod has been accumulating stock on the open market and the Company does solid revenues and recently reported a net income of $190k for fiscal 2019 on revenues of $2.2 million.

 

They Also Have Little Debt, No Convertible Notes!! 



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PostSubject
#47358  Sticky Note Clarity/Answers to the questions raised. MoneyForNuthin 09/29/20 01:36:08 PM
#47191  Sticky Note $PASO Recent corporate actions and subsequent events -> MoneyForNuthin 09/29/20 06:45:53 AM
#43236  Sticky Note -FOUR KEY FACTS- Chuck_Norris 09/17/20 10:52:26 AM
#39969  Sticky Note Alpha(s) style of DD all linked in 1 place BigBadWolf 09/02/20 12:06:41 PM
#36250  Sticky Note I'm sorry, but this is nonsense. The Chuck_Norris 08/13/20 01:04:27 PM
#55520   https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159407654 BigBadWolf 11/30/20 10:32:51 PM
#55519   This one is heating up. LOTS of loading Porteño 11/30/20 09:54:47 PM
#55518   King cobra ......my grass hopper ......:) Confucius say Kalidean 11/30/20 09:42:49 PM
#55517   Well, I hope PASO explodes before your Pinto does. Mac2014 11/30/20 08:28:56 PM
#55516   Canceled the Lambo order and place a bid KingOfSwing...Trading 11/30/20 08:26:37 PM
#55515   I was wondering what they were doing for Mac2014 11/30/20 08:26:21 PM
#55514   16 days* since his vague reply to a WTXtrades 11/30/20 08:23:54 PM
#55513   Currently 650K @ $.0464...definitely spent some time at WTXtrades 11/30/20 08:11:07 PM
#55512   And I complained about being in at .0256 Stevexpress 11/30/20 07:53:06 PM
#55511   Music to my ears, my friend When the DA KingOfSwing...Trading 11/30/20 07:47:55 PM
#55510   Enjoy your investment. Triple_Star 11/30/20 07:47:05 PM
#55509   I’m down at least 60% as well. Roofus 11/30/20 07:46:49 PM
#55508   Only down 60%? You should count your KingOfSwing...Trading 11/30/20 07:45:10 PM
#55507   I’m in the half milly club with .031 avg Mattwould 11/30/20 07:44:31 PM
#55506   Who the heck has a cost avg. of Roofus 11/30/20 07:42:58 PM
#55505   I understand why you say it that way. Triple_Star 11/30/20 07:32:01 PM
#55504   I concur Kojacky!!! Giddy UP Paso Kalidean 11/30/20 07:18:40 PM
#55503   Major run coming Kojacky 11/30/20 07:12:17 PM
#55502   It doesnt really matter to most noteholders what Investophile 11/30/20 07:03:31 PM
#55501   When a merger is probable, there will be MNK3240 11/30/20 06:29:24 PM
#55500   Well the statement of paso not being able stooj421 11/30/20 06:23:50 PM
#55499   Okay. Do you think that they are Triple_Star 11/30/20 05:55:37 PM
#55498   Hestia's original PR regarding the consulting work to Triple_Star 11/30/20 05:51:25 PM
#55497   When they consulted for paso it was before stooj421 11/30/20 05:49:37 PM
#55496   It does seem like a dick move. But Vader69 11/30/20 05:48:36 PM
#55495   Wonder what they are trying to say that Triple_Star 11/30/20 05:40:47 PM
#55494   Interesting. Good point. Thank you for he insight. Vader69 11/30/20 05:35:01 PM
#55493   Hestia and Edward Lee had also purchased 4.6 Triple_Star 11/30/20 05:34:15 PM
#55492   Just for the sake of speculation it does stooj421 11/30/20 05:08:52 PM
#55491   why do you think they raised AS higher Investophile 11/30/20 04:51:43 PM
#55490   Yeah what Investophile said stooj421 11/30/20 04:51:22 PM
#55489   I don't know. They provided the service way stooj421 11/30/20 04:50:54 PM
#55488   it is just like the recent filing about Investophile 11/30/20 04:50:01 PM
#55487   Consulting what? Paso isn't doing anything? CLX/JG bigboob 11/30/20 04:46:52 PM
#55486   "the Company has conversion rights until this Note stooj421 11/30/20 04:32:23 PM
#55485   Looks like Hestia provided PASO with some consulting stooj421 11/30/20 04:29:52 PM
#55484   https://www.streetinsider.com/SEC+Filings/Form+1-AA+Hestia+Insight+Inc./17659592 Vader69 11/30/20 04:23:44 PM
#55483   link? Long term 11/30/20 04:23:06 PM
#55482   Can anyone comment on this article from today Vader69 11/30/20 04:20:55 PM
#55481   Yeah how does that happen? Post-market trade on stooj421 11/30/20 04:20:23 PM
#55480   Guess I spoke to soon wtf Denny5454 11/30/20 04:18:32 PM
#55479   Not a bad close be nice if we Denny5454 11/30/20 04:06:55 PM
#55478   Not making anything up at all App is being mox00 11/30/20 03:55:36 PM
#55477   fair enough but you can't just make stuff Investophile 11/30/20 03:54:04 PM
#55475   Well, a month's worth of evolving has been stooj421 11/30/20 03:46:02 PM
#55474   Oh yeah? JG has said a lot of Investophile 11/30/20 03:44:53 PM
#55473   The app is evolving almost daily to accommodate mox00 11/30/20 03:04:24 PM
#55472   You win bragging rights. I'm REALLY hoping you win. Mac2014 11/30/20 02:13:44 PM
#55471   and do you have link to his post filmspeed 11/30/20 02:01:53 PM
#55470   when was this tweet filmspeed 11/30/20 02:01:33 PM
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