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Well, we are both shareholders so we're friends by default. I am expecting an invitation to the castle warming and the BBQ.
I'll drink to that.
I came to the IQSTEL table rather late and I'm a guppy rather than a whale so my shares are not nearly as many as I'd like.
That said, I'll be quite happy to pay off my house in a year or two while others buy their castles.
Thank you. What are we drinking? For the first time I actually picked up my shares at the daily low.
and I thought anything under .90 was gone forever. Adding. Thanks for the extra shares to whomever sold.
There isn't anything quite like the feeling you get when you press the "Buy" button and in the second it takes to load your "Portfolio" page it is already showing a profit.
Exactly. That's why it has my curiosity up. It's odd. Good odd or bad odd remains to be seen.
I'll evaluate it as it goes. I truly understand if people are just over this stock and never want to see it again. I'll certainly be doing some decision making when it reaches my break even point, but if things are looking good I'll hold.
I've been in stocks that were dead after something happened. Total loss. This one is showing some new life, so I'm willing to see what happens.
Oh he can try with another LOI. It would probably lift the stock price just enough, short term, that everyone currently holding would get out. There are always people who don't do their DD and are ready to buy into the next good sounding story. Such is the nature of the OTC.
I've gone back and forth. This really is like the old saying about changing horses in the middle of a stream. Generally it is advised not to do it. But when the horse you're on has died you can either get wet or change. At my average price I'd get very wet. So I'll stick with the new horse for awhile and see what comes of the situation.
GLTY in your new investments.
I'd be good with that. Hoping for more but $1 is good.
I'm still trying to determine if this really is a mess or not. Yes, it's most definitely different than planned and hoped, but it still might work out profitably. Hestia is a real company and they have a history with Bruce so they'll keep an eye on him. If there really are brick and mortar locations then that is something tangible. Lots to look into. If they really do regularly update investors then that in itself is an improvement. The price didn't fall nearly as much as I'd have thought either.
I'll reserve judgment, for now.
This whole thing has been nothing but weirdness and not the usual OTC weirdness.
Almost makes me want go go back to trading blue chips. Almost.
"We will update our shareholders on a regular basis going forward."
Well that, at least, will be an improvement.
ETrade is again available now that things have slowed down. Maybe TD will come back soon.
I sure hope your understanding is correct. After all this I may be a patient in one of those treatment centers. Thanks for the ray of hope.
Well, at this point I'm holding (whether I wanted to or not.) Maybe Bruce's treatment centers will actually amount to something in a few years.
So is ETrade
I'm not a Bruce defender, but I doubt Bruce is the hold up. It takes two to merge and CLX has to want to move forward too. They don't seem to be hopping up and down wanting to close things. They seem to be too busy getting contracts or tweaking their product right now.
I suspect that they want to bring a huge value to the table, when they finally do merge, so that the company can pop up like a stripper out of a cake, and the resulting surprise, at this highly valued company coming out of nowhere, will cause the share price to increase fast and high. That will get them onto a big exchange very quickly.
I personally have no problem with that, however they should not get so greedy that they lose their opportunity to make a big entrance. Competitors are out there and being an exchange listed company brings some assurances and confidence to prospective customers.
Well said.
A LOI must be reported, by a public company, because it constitutes a material change.
I would think that if a LOI were ended then that would be a material change as well. However, I am not a securities attorney.
Time will tell. GLTY
So how do you think that's working out for them? Right now they are getting plagued with e-mail, phone calls, tweets, letters, and any other form of communication that an awful lot of investors can think of. Do you think they like it? Do you think it's not disruptive?
Don't you think that if they could make it all stop just by saying "The deal is off and we are no longer associated with PASO." that they would?
Like I said, it's torture for him. He's got something to tell and he can't tell it so he's just gently testing that NDA limitation.
People like that want so badly to be the bearer of great news so they can bask in all the attention and happiness.
Sounds like a man who got his hands firmly slapped by a corporate legal counsel, after one too many times hinting to people.
When he finally can say something I'm betting he's the first one to shout it out. It's torture for people like him to know something good and not be able to tell it.
Thank you. I would be appreciative of any updates, news or just your general impressions.
If off why not just say that and save themselves from having to deal with all the e-mail and phone calls? Makes no sense.
"finally heard from TRU people..... couldn’t get info (NDA)"
Hey, I'll take that. As you said, assuring to hear. If the deal was off then there wouldn't be a NDA in effect.
Thanks for sharing that info.
Yeah, they'll have to rely on screening for quite some time at this rate.
The vaccination distribution is a cluster F***. I'm high risk and am approximately number 15,000 on a waiting list for my county. They will start giving appointments, starting with about number 3,500, whenever they get the next shipment. They don't have a date on that. This vaccine supposedly started shipping back in mid December.
I hope Biden turns the Quartermaster Corps loose on this problem and gets the logistics hammered into shape quickly.
They want the company in order to eventually go public. No offense intended, but your thinking on this is as convoluted as a bad Hollywood script. Plots and sub-plots with no good guys and all the bad guys taking the most involved routes, and extraordinary planning, for ripping off investors. All the while totally ignoring the many personal risks and repercussions. Rip-offs can be accomplished in simpler ways.
Occam's razor is your friend.
Really? JG and BW have worked together to manipulate the stock price and defraud the investors? I rather think that CLX would have some harsh things to say about that if their Chief Strategy Officer (JG) was doing that while still employed by them. I don't know of a single company that would put up with that from an officer of the company.
Just to clarify, these were PASO employees who now have titles with CLX?
Keep fishing. Not me. I have all my shares and will be hanging onto them until this plays out.
Something to keep an eye on though.
Yeah, for a scam it's not following a typical scam pattern. Nobody is churning out PRs by the dozen. Nobody is "updating" shareholders about the newly estimated market cap and trying to convince them that they are crazy to not be buying NOW!
Some on this board are convinced PASO is a scam. I'm not. Should they hire a PR person? Most definitely. But that doesn't make it a scam.
You can receive them but can send them only with a paid membership.
The last PR with something about the merger was October 27th. That's not over half a year ago.
I'm not saying that their communication is good. It just isn't as bad as you say.
https://finance.yahoo.com/news/patient-access-solutions-corporate-120000343.html
I used to get directed to OTC markets but I recently installed a new anti-malware software and it now gives me the warning. I've noticed that it is a bit overprotective though,so I didn't give it much thought.
You need a valuation of the post merger company before even deciding if one is necessary. There is no telling the value of what CLX will bring to the merger until it's disclosed.
Not looking for advice.I've been here for awhile. He just said "we'd get one of those...after completing their necessary due diligence CLX has decided to terminate the LOI" so he must think the LOI is still on since we received no such notice. I'm just verifying that he's changed his mind.