Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
When PASO files the latest 10Q disclosure statement, just watch if JG's share count increases. If that happens, that will bring up a new discussion as to what's going on behind the scene (whether JG and PASO playing the game together).
The last 10Q missing disclosure statement is still a mystery.
It means they took care of their thing whatever they were up to. It also means they are now quiet because they are planning for their next move. Remember, PASO said they were exploring other things in addition to CLX, so they will pump this stock with something else, they always do. This is what penny stocks are good it.
Not saying RM is gone but if you say they don't care, they don't care for now until they come up with something. Also don't underestimate JG, he is intelligent and as good as other penny stocks, so he knows what he is doing. He is a highly educated person and since he came into this business business means he will use every trick to make money, not to lose in PASO investment. He is not here to do charity. If he was he would continue teaching or doing other great things. He is investing in PASO and other things means he is in it to make money, simple as that.
Give it a time, you will see PASO will come up with something in a few months time to pump the stock, lol.
Just a thought: During Covid-19, a lot of biotechs and others started doing Covid related things to utilize the situation (or you can say pump their stocks), mostly the penny stocks. Of course, that's what they do. Anytime, somethings happens in a big way, these companies somehow get involved and take advantage of it.
Now, CLX started doing HA app, pretty much same way using the Covid 19 opportunity. If situation goes bad and RM doesn't happen, people might say JG and PASO did the same scam.
Probably, we have to wait a little more to make that conclusion.
All LAMBO preorders are on hold. This time thought to go for a red Ferreri instead but seems no luck, at least for now, lol
TRUTH BE TOLD:
This whole set up was done by Joey Gonzalez. He is the one was with PASO. He is the one running CLX. He is the one organized USTG and SIQ to create CLX. He is the one convinced them to RM with PASO. They didn’t know who PASO was. It’s Gonzalez did all this.
He was the one said everything will come from CLX. He (or CLX) was the one deferred RM closing from Jul 15, not PASO.
He was the man behind deleting CLX’s all tweets and he is now hiding himself like CLX.
During this whole time no one ever heard of anything from CLX JV partners, USTG and SIQ. It’s all Gonzalez.
If this deal doesn’t go through, he should be treated as a big SCAMMER, not even BRUCEY/PASO. He played with everyone in the process.
It may sound bitter but this is the truth. If you’re objective, you know it.
At this point, averaging down will be a bad idea until we definitely know a direction one way or the other.
Oftentimes, averaging down simply increases your loss if the stock is trending down other than overall market situation.
When a stock is going higher and higher and potential is established, buying at a high price is good. Every time you buy, it goes higher. On the other hand, if you buy now, every time you buy, it will make your portfolio worse and worse simply because things are fluid now and most people are fearful.
No matter what, it will be bad idea to buy and increase losses. Of course, it depends on everyone’s own thought process!
OTC stocks/owners don’t have much to do anyway other than thinking about their stocks all the time, this is their business, lol.
I am 100% sure JG, PASO and CLX people are on this board and post from time to time. We kind of shortlisted them once.
So it’s not surprising that they post here to pursue people one or the other.
Yes, I recognize this ID.
Exactly, it is an excuse making by their agents here. Becoming a flipper is okay but lying like Trump, man!
Just because they deleted all those tweets and hiding, doesn't change the fact.
The reason for extension was mentioned publicly by both PASO and CLX that CLX was "PURSUING AND COORDINATING ITS BUSINESS OPPORTUNITIES", not PASO's fault. At the time, CLX thanked PASO for extending the time.
Some people seems to have short memory.
I agree with this observation, it is CLX, who deferred the DD on PASO, it is CLX, who asked for extension. PASO public PRs explicitly indicated these facts and CLX validated through its tweets.
PASO did its part raising AS to cover CLX's 10m prefd (equivalent to 1b common).
So instead of blaming PASO (and Brucey), all the blame, if and when comes to that point, should go to CLX and JG.
PASO people don't jump to OPTI assuming JG and their 2b dollars PPE contract. Most OTC companies create a big news with this kind of contract and over time, they just disappear despite JG likes the tweet or even he is involved in it.
Once people learn the trick to pump and dump, they keep doing it, whether it is Brucey or JG. So think twice before getting on board again.
OPTI, CONSORTIUM AND JG TWEET LIKE - ANY CONNECTION?
JG liking the tweet and OPTI's consortium reference, can they be a big coincidence?
So far we know CLX and their consortium are working on all those health apps but we are not aware that they are dealing with PPE, which is of course, quite possible. Now OPTI indicates a Consortium in their tweet and JG likes it. We know CLX is more into consortium thing.
OPTI announced that it has successfully secured a fully executed definitive agreement for the supply of Brand Specific Personal Protection Equipment (PPE) products for a large International Commodities Consortium totaling in excess of $2 Billion Dollars US.
Question is what is our HERO JG up to?
I would say don't expect any such announcement. Trust me, corporate PR languages matter. PASOs RM related PRs from May 28 to Oct 27, they got worse and worse. The latest one said discussions are in an ongoing state, that means, they are nowhere near making any solid announcements. So I am not expecting any positive announcement anytime soon.
Now there is nothing but to pray and hope, seriously.
He will get board resolution done and submit to OTC that the 6% dividend will be paid by way of common shares. And you know OTC stocks have no shortage of common shares, issue, reissue, R/S, it's a simple game for them.
Meantime, some of us should put a tweet message saying "we make that face, while waiting on a signed DA". See JG reacts to that or keep blocking.
Not a bad idea, lol. I keep saying the same thing. We make that face until we see a signed DA.
Under normal circumstances but if there is a slight FORMAL indication of deal off, you would think it will go sub penny in no time. Now people selling in fear of that despite LOI is active.
Also without RM, the bottom will be much much lower considering pre RM rumours, the o/s shares were only 750m, now over 1 billion and another 1.5b on the way.
So expecting a bottom is not a thing we are looking for. Instead, we need a little bit of reassurance that the deal is on.
Some used to brag JG is a saint and he won't let it happen. In business world, Brucey and JG, all are same!
Ha, now we are under 2
That ruling was based on o/s share increased after LOI but before DA. That's fine.
What if the share increase in PASO is agreed upon by both the parties. You remember recently, CLX tweeted assuring roadmap intact (as if they said RM/Pubco still is ongoing).
So court case and ruling may be there but if the parties don't go to the court, then it does not apply here!
Unless these best SEC lawyers are involved in PASO-CLX RM deal, it is nothing but a guess.
Whether RM happens or not, their guess is as good as ours. A 100% firm conclusion cannot be made simply based on guess!
We will see what happens down the road! There may be some doubts but I think still there is a chance.
CLX social media reconfiguration: Is it done yet?
As promised, not going anywhere until see a formal resolution, one way or the other. We will keep an eye on you CLX (and or JG)
BBW is right that without being emotional and biased, always consider the facts and circumstances. The irony is most of the time, I used to bring up these issues/symptoms (despite my big long position) and all the die-hards used to think I am being negative.
It requires wisdom and experience to see the signs beforehand.
Fair enough. Lucky you that the die-hard familiar faces and IDs are not going after you unless they're of the same opinion now, lol.
Hey BBW, seems you are now explicitly suggesting that there is no potential of RM happening. What changed? The o/s share increase happened long time ago and until recently you were not talking like this.
Just curious!
Again, agreed that they're not responsible but as you know, they kept saying publicly that things are under control (like DA is in edits, roadmap intact, etc.). Can you deny that?
I have no complain against JG or CLX but if you make PASO responsible, then JG and CLX are responsible for mixed messaging (or pretending to show all good), when they clearly did not have to do so.
JG and CLX always pretended as if they are on board with everything, is it not?
It's not all what we wanted to believe, they gave us the same impression too!
Well, that might be the case but have we heard otherwise from JG and or CLX ever? no. So it can go either way. Making PASO as a escape goat is easy true but JG and CLX can't get away either.
Since we are a PASO shareholders, at least we should defend PASO unless we hear otherwise.
I don't think it's all PASO's fault. JG and CLX are the ones agreed to the terms of 10m preferred and agreed to close it on Jul 15. Last minute they asked for extension, still CLX indirectly kept saying roadmap intact and stuff like that.
In this play, PASO was more like us. If anything, it is JG and CLX are playing with PASO.
Same with me, facts and experiences. That's why people often think I am negative, that's not true, it's the facts and logic!
Regardless, will have a position here if in case (and that i am ready to lose).
Anyway, good luck to you, me and everyone else.
Wow BBW, so you are almost putting a final nail on the coffin. If it was coming from anyone else, would be a different thing.
Wish the die-hards were around like MFN, Chuck Norris and others and would love to hear their take.
Business deals are different, everything goes by formal agreement and stuff. Recently, PASO said the discussions are in an ongoing state, a simple english, meaning nothing is final yet.
If things are not final, would you do something your other partner tells you to do, in this case increasing o/s share by 400m from the last count, which is almost 50% increase over the previous 750m o/s.
It changes the control equation for CLX as well. I don't believe for a second that PASO is listening to CLX or JG before signing DA.
Remember, CLX asked for extension, not by PASO. PASO was always willing to close it on Jul 15, it was CLX who deferred the DD, not PASO.
So if anyone is to blame for is JG and CLX, not PASO.
I am not saying RM is not gonna happen but like BBW said, it is rare that o/s share increase before a formal signed DA (that so over 400m, not a small amount), no matter what.
I agree with you 100% on this too. Yesterday, I made a comment that o/s share increase before a signed DA is not a good sign. If it was after a signed DA, makes sense that both parties are working together and increasing o/s for whatever reasons.
Before signing DA, it's hard to imagine CLX is giving green signals to increase o/s to PASO. They have not even entered into a formal agreement (i.e., DA) and instructing (or agreeing) with PASO to do things. NO WAY!
So what are you suggesting? I agree with your first comment that he (and his tweets) is all about CLX. This is what I always emphasized that he was never referring to PASO, when he used to get excited (and tweeted) about things.
There is something else in your comment (like 'since the 1st increase in the O/S as an example'), would appreciate if you clarify. Are you referring that he is not happy with o/s increase or CLX is not in sync with PASO?
Tired of seeing freaking RED, RED and RED, lol
Just cleaning is fine but adding over 400m o/s shares is not just cleaning. If after signed DA, it means they are both on board for issuing new shares. If before signed DA, it is still possible if both are in sync, this part we don’t know.
Don’t know what’s going on in that front. They keep increasing o/s share count, unrestricted share counts also increasing. On the other hand, they don’t update the ‘float’ for long time. So that part is in the dark.
O/s increases, unrestricted share increases, float doesn’t change (or not updated), doesn’t make sense.
Some claims they are cleaning the house, that would be good if the DA was signed already (assuming CLX on board with the changes). Without signed DA, not so sure.
Man, it can go to any price on signed DA news but notice I said at least .............
Of course, if they package signed DA news right along with additional news (like revenue potential, uplisting potential and some big partnership news), it can go to dollar land too.
I think it's worth taking a chance here, no matter what. If DA comes (and RM happens), just with that news alone, this will jump to at least 25c to 30c and that alone will make everyone happy.
Let's wait and see what happens and meantime have fun (or make fun)!
Thank you man, good luck to you!
HaHa, good for you. This one has become like you can't put up with it but you can't live without it.