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If this deal is off JG and PASO executives need to be investigated!
Keep in mind CLX can't negotiate with anyone else while the LOI is still in effect.
The extra dividend shares I received in my TDA account this week are under the same CUSIP # as the original ones I received.
I didn’t buy anymore shares
I got more dividend shares also today
Ask the shareholders of $LAHO about timely filings. The SEC doesn't care about the excuse. I just hope the same thing doesn't happen to PASO. They need to get their sh*t together quickly.
JG's holdings are a factor, but that was a bigger factor when TransUnion wasn't involved. Insiders, family, friends, etc. who buy shares get screwed all the time by things they can't control, and I'm sure JG will be nicely taken care of no matter what.
I'm still optimistic this will go through, but that's based on the fact the LOI is still active. If the deal was dead PASO would say it, it's better to come clean than have to deal with all of the litigation that will certainly happen.
All of this due diligence is nice, but without the DA it means nothing and PASO will continue to flounder. If the DA happens, a lot of people will make a lot of money, if it doesn't happen, a lot of people will lose a lot of money (I know I'm stating the obvious). It's like watching the Super Bowl, it's a tie game and we're in the 4th quarter, will PASO pull it out or will they turn the ball over and end up a footnote in history? The clock is ticking.
Yes, IF there's no deal he needs to be investigated. I also said I hope that's not the case since I'm a shareholder. We should know soon.
That wasn't a true gap
The problem is their trademark filing looks like they're competing with CLX, not cooperating. And there's no trace of a connection between CLX and The Common Project other than a couple of follows on Twitter.
COMMONPASS
Software application for download to mobile devices providing analysis and information in the area of travel safety in the presence of contagious diseases and assisting in the management of varying regulatory requirements regarding international travel
Software as a service (SaaS) providing analysis and information in the area of travel safety in the presence of contagious diseases and assisting in the management of varying regulatory requirements regarding international travel
Friday follies are back for PASO like we saw in June. Is JG really pulling this off?
Ok thanks
Once again crickets, no one can ever answer the question.
How will we be able to convert the shares into MSSV common, no one has been able to answer that yet?
This is what I've been saying all along; forget the 73% distraction, if you had 10m shares of LAHO which were worth $46,000 on 9/5/19 you'll be lucky to get $500 back in MSSV once converted depending on it's price.
And has anyone clarified how we can convert those preferred shares once we receive them without having to wait 2 years for automatic conversion?
Of course, I've said that many times. Got my preferred shares last week also. Just been around way too long and seen too many of these "everyone is going to become a millionaire" deals fall apart.
Yes, but those clauses are different than the ones regarding the actual reverse merger itself. They can terminate the LOI at any time based upon their due diligence, they are not legally bound to execute a DA. And assuming they abide by the confidentiality and exclusivity clauses, there's no legal liability.
The important terms of the LOI that we're interested in are not legally binding. The Definitive Agreement would be, the LOI only says they're working exclusively with one another towards that goal. Sometimes you can consider items like confidentiality legally binding since unauthorized disclosure could cause "harm" to one or more of the parties.
Agreed. I'm a shareholder and I want this to work out for all of us, but the increasing number of red flags are making me nervous.
No legal document related to the reverse merger has been filed at all. The LOI is not a legally binding document and that's all there is.
No, taken in isolation it's not solid evidence. Taken into consideration with everything else going on it's a red flag for me.
It's not just the decline in stock price, many stocks tread water or are taken lower while waiting for news and that's fine. It's also the unrelenting selling we've seen and the fact that JG decided to "go dark" regarding PASO, referring all questions to the companies involved which is what he was adamantly against a few weeks ago.
The stock price, increase in AS, OS and float are all indicators. I'm not 100% the deal is off, but I'm 90% convinced.
My heart says no but my head says yes
No MOMO, no FOMO
The continued selling for months now (not just weeks) says it all. If the deal was on those unrestricted shares wouldn't be hitting the market at .05 and below.
JG should be investigated for stock manipulation once it's confirmed over for PASO.
I know when he bought his shares, it's in the filings. And I never said he has sold any, but if people don't think those who work for the companies involved (not just JG's family/friends) didn't trade on insider info which is why we saw those huge load-ups on Fridays leading up to the release of the LOI at the end of May, and the heavy selling leading up to the delay on July 15th, then they're living in false reality.
And now we sit around .02 with tremendous selling and an increase in the A/S and O/S and float. I hope the deal is still on, heck I have a lot of shares why would I be against it? But those other facts don't lie.
Ok show me the filings that show JG bought shares in the open market in May, June, July, August and September. I'm waiting.
Well they can feel free to prove me wrong. Been trading OTC for over 25 years I call it like I see it. Front loading, pumping and dumping, etc. we play in the dirtiest of sewers with these stocks.
I wonder how many of JG's family/friends/etc, and the family/friends/etc. of others at PASO, CLX, TRU and SiriusIQ "in the know" traded on insider information in May just before the LOI was released, and sold before July 15 when they knew there was a delay coming. And if the deal is off, how many of them have been selling the past few weeks on that insider info?
The volume and price don't lie, the knew in May, they knew in July, so what do they know now as we sit around .02?
JG should be investigated for stock manipulation. RIPaso
Thank you for your service
JG should be investigated for stock manipulation. RIPaso
Everything looking great?
The only things that are irrational are JG's tweets and the hundreds of millions of shares that were sold when this was supposed to be one of the biggest RM's in OTC history.
Yeah, looking great lol wtf.
They're quiet because the stock is getting crushed and they have nothing good to say
The DD didn't go too far based upon the LOI, PR's and tweets. Something changed since July 15th (or maybe since June 1). JG needs to be investigated for stock manipulation.
Thanks for your concern, apparently you didn't follow the *LAHO board. I'm tired of these lying, scamming mfers "running" these companies into the ground when their statements, filings, tweets, etc. contradict reality.
The problem is they're diluting with those added shares; why do they need to dilute and raise funds if CLX is taking over?
Only 2 explanations as far as I can tell:
1. The deal is off and they need the cash to survive and fund existing operations and possibly those new opportunities they mentioned in the PR.
2. The deal is on and they need the cash to survive until it's finalized, although I can't see why they would need to raise this much cash if the deal was still on.
After he said not to go to the company for updates. JG has dug himself a big hole and he's hiding in it now.