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Hope you're right. I'm holding regardless. DA or Bust for me.
I have been fortunate enough that I bought most of my lot between 2's and 5's. Told myself I was done buying but figured what the hell and bought more in the 1's. So purchased another few thousand shares. My stock in AYRO made some good gains so sold off what I had and made some more trades and banked the rest. Some folks on here I know have hundreds of thousands even millions of shares in PASO. I don't have nearly that much. Would if I could but I still have a nice lot going. Enough to where a $1-$3 pps if DA is ever signed would be a fantastic investment.
Took a brief break from the board... at any rate I bought more shares today. Still holding strong. Good luck to all!
It is the Rolls Royce of Bourbons. Like I said, my peasant lips are unworthy and if I ever got a bottle I don't think I would share. I would want to because I am a generous person but don't think I could knowing how expensive and rare and hard to come by that bourbon is.
I would drink it myself. I was a liquor store clerk for 4 years. We are talking somewhere in the ballpark of $300 if not more per shot. That is the rarest of bourbons and almost impossible to get. Something working at the liquor store I worked at would have to have a customer purchase or put a down payment on before hand and before we could even attempt to order it. And it might take a year to get if you're lucky. That is straight currency in that bottle. It is one of those things one might just look at for years and never open it. The Silver Tuna of the top shelf liquors. It actually looks down on top shelf liquors lol. If I had that bottle I would probably just look at it lol. Like I would want to drink it but at the same time I would be thinking, my peasant lips are undeserving and not worthy
I love it when people exercise critical thinking. Agreed Stevexpress
It really does but it is what it is. Global Pandemic on top of in and out lock downs is hampering well... the globe lol. Sucks the big one for sure.
Nice... That is what I like to hear. I think Dec 31st is reasonable
So does that mean you sold all your shares and are out?
Well... Maybe it has already been signed and they just have not put out PR on it. It is not unusual for a company to make a deal and announce it later. Then again it is a Covid world we are living in right now so there has been delays in everything. Or it is still ongoing like was mentioned in last PR. We don't know what kinds of negotiations are going on. Those NDA'a to protect the integrity of a deal are a kicker lol.
What Mr.Paulie said. I was about to say the same and I concur
That is what I thought... I think it is two years but could only be a year. Maybe the bonus shares are two years while anyone who converted is 1 year. I guess one could say 1 year minimum, 2 year max before you can sell.
I know man it sucks. Lets just hope patience is a virtue.
Are we rich yet? My biceps are YUGE holding these bags
One would think.
exactly
If DA isn't signed then my guess would be a class action law suit is headed towards Bruce, JG and any other people involved for misleading investors. I don't think either of them want that kind of heat. I doubt CLX would want that kind of heat either coming out of the gate. A company trying to go public that was part of a scam to mislead investors? Doesn't seem likely. One can delete all their tweets but the interwebs don't forget and their is plenty of things out there pointing at Bruce, JG, CLX, UST, Sirus etc.
Of course... but I understand why dilution was going to happen. It's in the PR's and investors voted/asked for alot of it.They just didn't call it dilution but rather share restructuring and dividend setup. All of which was explained as neccessary to help close the deal. Some on here say JG is all about CLX... they're not wrong but JG as far as we know still holds a significant amount of shares of PASO. I doubt he wants the DA to fall through. Losing money doesn't seem like something he would like. Not to mention the amount of flak he would get if LOI was terminated. Never signed DA would be enough to disgrace him, CLX and all of their partners.
If this deal was going to go south it would have already back in July. My guess is, things are getting close. News of DA whether good or bad will come soon enough. In any case I'm sticking around.I could be wrong but just seems there is more to lose than to gain from a failed deal for the major players and their buddies.
Wait it out... I don't believe this stock will hit sub pennies. As I've mentioned before in previous posts, I have been holding PASO for a couple years. So DA or no DA, this stock is trading at the PPS it was before DA was cool to say. So it's literally at it's normal trading price. Sure in the event of cancelled DA it might hit sub-pennies during the immediate fallout but it would climb back to what we are seeing now.
With that said, glass is half full. Even if the DA falls through,It has no bearing of PASO being a clean shell/ good merger candidate. Even cleaner if you consider all the work that has been done for this RM. So basically if CLX/UST or whoever doesn't RM with PASO, someone else will. That's one of many reasons I believe the DA will get signed sooner or later.
So I agree. I think those who sell now or have sold will come to regret it in the coming weeks. One might as well ride this thing out to whatever end. We're already pretty much rock bottom and bag holding. Nothing to lose at this point. Might as well hold since we got nothing better to do lol.
I don't think extended DD. I am taking a couple key things out of the last PR.
1) "The Company is waiting for our Transfer Agent to provide the final tally to us showing the number of shares of common Tendered for the new Series C Convertible Preferred shares. These first two steps were done to facilitate the larger plan of the previously announced Letter of Intent with the Company’s potential merger candidate". I interpreted that as all things are going as planned and PASO is holding up their end of the deal and working to make sure deal happens.
2) "As the next steps in our restructuring are completed we will be releasing them to the public as well." I interpreted that as, When PASO has news to report they will. They have been pretty good about keeping investors in the loop. But a keyword in that last sentence is "Restructuring". That is something that takes time for any company. With that said, restructuring is only something a company does when they are gearing up for change. If this RM is just half the size of what the headline on this board states above the UST Global and LOI pictures on this board saying "HUGE Merger Folks!!! UST Global, SiriusIQ and CLX Health" then a restructure was bound to happen and it will take time.
I am patient. No reason to think DA won't happen until PR is released stating that it isn't. In my opinion PASO has kept their word with everything thus far. My preferred shares still say "NA" on my account. That for me is a big reason I am still onboard. A company would not issue a dividend on preferred shares if good things were not in the making. I am not a board member or involved in this deal so I only know as much as the next person. But currently all signs point to a deal. I can't speak for everyone on the preferred shares so maybe others have a value on those but I do not with my Schwab account. I would not expect news of DA until those preferred bonus shares show a value. Green or Red is all inconsequential until a PR of signed or cancelled DA is release. Just my thoughts.
Why do you look for other people to give you positive reinforcement? You know as much as anyone else on this board. The DD is there and you know it as well as anyone else or at least you should. PR is readily available. Either stick by the DD and hold or get scared and run. You don't need the same people saying the same thing over and over and over and over again to make you feel warm and fuzzy. DA is the only thing that will move this ticker in the right direction and is what all of us are waiting for. You can either wait for that news or sell and move on. You call out other investors implying they are pumpers or whatever and then they show up give you your positive reinforcement and you're good for a day or two until you get scared and call them out again. You're like a broken record. Doom and gloom when red and rainbows and sunshine when green.
Nice find
I liked you in Planes Trains Automobiles and Father of the Bride.
I am holding personally until 2025. With Biden in office alternative energy should see gains across the board over the next few years. I am a conservative but, I won't deny the global scientific, political and public consensus on Global Warming/Climate Change and the things that will inevitably replace fossil fuels. Whether one believes in "man-made climate change" or not is irrelevant to making money. One can't stop progress. Sure coal and oil will be around for a long time, especially for 3rd world countries but, everyday new electric cars, solar panels, wind turbines and everything else that is considered "climate friendly" is coming out every day. I am a righteous conservative but my stock portfolio says dirty liberal lol. Give it 10-20 years and everyone will be driving electric or hybrid cars and most homes will be fitted with solar panels.
Possible restructuring? Something that happensfor a number of reasons but a few reasons can be for gearing up for a buy out, merger, or the company is just looking to change their overall goals and direction.
Hahaha. Just another guess after my failed guess of the 9th. Deal signed in Q4 news in Q1 2021 is the new bet
January 11th 2020
Not worrying. I mean I was able to pick up 1 million shares at like 0.0002 pps. A couple hundred bucks bought 1 million shares at that price. Again not worrying just wish I would have been more patient with this ticker. I could easily buy it all back right now if I wanted to. Just waiting to see what it does. Would hate to buy back then a week or two later it falls back down.
Possibly. I am kicking myself in the a$$ right now for selling because I literally sold no longer than a couple months ago. Didn't sell everything but 1 million shares would be better than 200k shares right now. I sold with the thought that the pps would remain the same and I would just come back later and buy what I sold. Blunder on my part lol
At one point I had 1 million shares. But I sold much of my lot as this stock as you probably know was not doing much for the longest. I purchased some of it back at 0.0005 so I am sitting with 200,000 shares right now. Will load up more if it keeps going like this.
If that is the case this would be the second potential RM I have going in my portfolio. Thanks for the info PenniesoStacks! Much appreciated
If that is the case this would be the second potential RM I have going in my portfolio. Does anyone know if there is an LOI (Letter of Intent) or anything?
I really have no idea what is going on with this stock except some German guy. All I know is after holding this poop for forever, it is finally in the green and showing life. I was so used to the usual back and forth pps of 0.0001-0.0002 nonsense that went on for years. I bought into this stock on a whim over 2-3 years ago. Figured it would be a good long term investment given all the AOC's, Greta Thunberg's and Bernie Sanders out there. I often consider political environments when making a long term investment decision. I hope it keeps going. If anyone can give me insight as to why (other than some German guy and maybe some hype) there is a rise in this ticker I am all ears.
Hahaha basically
Red days = PASO is a scam DA is off.
Green days = PASO to the moon DA is imminent.
Gotta love the Ihubs lol
Agreed. It has been painful to watch it dip that low
I added another 4,000 shares to my lot today. @ 0.019 kind of hard to say no at that price. GLTA