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The settlement was never fully executed by PAS. They never paid the monies agreed upon and therefore voided any such agreement and were brought back to court and sued again for this action, granting the plaintiff FULL original damages plus interest.
You may want to understand the entire case before commenting on facts you don't understand.
We understand the facts of the case very well. We've learned the settlement contract was breached by Bruce and the PAS and therefore not enforceable as you can read in the court case.
Read page 2 lines 17-19
Read -Very IMPORTANT
PAS still has a $400,000 Judgment against it.
We will be posting the judgment very soon to show credibility.
To be clear, we are very positive on the company and are shareholders as well - but when there is a bonafide court judgment that hasn't been satisfied and has not been disclosed as the material event it is, we have an issue with the supposedly "transparency" of PAS and the Chairman as well.
Why hasn't PAS disclosed the judgment to the shareholders as well as Hestia and the $50B Hedge fund partner?
Why hasn't PAS disclosed the judgment in their filings?
According th their filings, PAS says they have not been part of any court action in the last 10 years on page 13 section 7 item 3 of their latest filing. This is a lie.
Check for yourself.
Many of you may want to email Joe Gonzalez joe@sunhealth.com and ask about this situation and why PAS hasn't satisfied the court ordered judgment.
Hi All. We've been quiet for awhile but -
We still haven't received an answer why PAS hasn't disclosed the over $400,000 judgment against them to Hestia, the $50B Hedge Fund, their OTC filings and especially the SHAREHOLDERS.
Where is the transparency for this issue?
We are positive about the things PAS is doing moving forward, but there is still this huge judgment out there that PAS doesn't seem to want anyone to know about?
Maybe someone who talks to Joe can ask him why PAS isn't letting the shareholders or investment partners know about this or why they haven't settled by paying the plaintiff what the court has rendered judgment on.
Hi All. We've been quiet for awhile but -
We still haven't received an answer why PAS hasn't disclosed the over $400,000 judgment against them to Hestia, the $50B Hedge Fund, their OTC filings and especially the SHAREHOLDERS.
Where is the transparency for this issue?
We are positive about the things PAS is doing moving forward, but there is still this huge judgment out there that PAS doesn't seem to want anyone to know about?
Maybe someone who talks to Joe can ask him why PAS isn't letting the shareholders or investment partners know about this or why they haven't settled by paying the plaintiff what the court has rendered judgment on.
Hoping you’re correct !!!
Yes - we’ve already calculated that scenario. Either way, the company needs to be generating MAJOR revenue to justify the O/S. If not, we are just another highly diluted struggling otc company that becomes no different than all the others.
BTW- just went to decaf. Lol
That’s the $$$ question.
We all just got diluted very badly - Max share count to be issued is 750 million and we are at 529 million - up over 100 million shares in short order.
Last time we maxed out the company did 1/1000 reverse split and everyone ended up with no shares left.
Looks like we may be heading down the same road, as there is no way to sustain any form of PPS appreciation with the current O/S,
Now that the holding period for restricted shares is only 6 months , we are even more screwed as these shares hit the market.
Dilution is killing everyone!!!
The O/S has now risen again from 434 million to 529 million shares issued in only a few weeks. This is an insult to what the company said about protecting shareholder value.
This merger better bring in $50 million in revenue a year or we will all be screwed.
Only 200 million more shares to be issued before we are capped out and get another reverse split coming our way.
Ask yourselves why it’s been so easy to accumulate millions of shares at a .01
This is totally BS!!!
Thank to DYF and DOOG for all your DD - it would be nice to get some real answers from the company about the issuing of all these shares and how this dilution is going to help the PPS. Thanks !
Very quiet both here and trading. Hopefully that a good sign of things to come ?
We can appreciate your point of view as well. We all want the same results- higher PPS! We anticipate the coming news and would love to see an exciting market reaction.
Our view of things - Good/Bad/neutral
The following are things to think about...they are simply logical opinions of what many see - so please treat as such.
Good - Bruce Weitzberg resigning!!! This event should have taken place months/years ago. He is a bad stain on the company and it's history.
Good - Bringing on new industry leading advisors. Having fresh insight to move company ahead is of great value and direction if they aren't being given millions of shares in compensation.
Good - restructuring the company to move forward with value. Industry partners coming aboard can help bring value to PPS if any deals have major substance and revenue within. Hestia. International investors coming aboard?
Bad - Company tweeting out tidbits of news (news to come) The company is doing a disservice to shareholders by tweeting and not issuing a formal PR to convey/update events. Not many people see tweets as compared to a market PR that anyone can view as part of the company news.The company could have issued 2 PRs that could have contained all the tweet news of the last 2 months. It would have come off much more professional as well. The tweets have taken the excitement away that a PR would have brought to the market.
Bad - Share structure at this point is of HIGH concern to us and should be to EVERYONE else too. Having about 500 million O/S is one reason the PPS can't get off the ground. It seems logical to conclude that more shares will be added to the current O/S to negotiate and complete merger/partnerships. We are very skeptical the company can move ahead and bring a much higher PPS without having to dilute shareholders AGAIN with another R/S. ( we hope not?)
Bad - If the merger news is minor and doesn't bring with it alot of revenue (at least $20 Million/year) the PPS will not move up because of the over weighted O/S. If the coming International news isn't of major importance, again the PPS will not move. The fact that the company has already tweeted about a possible merger and let the event be publicized in a tweet, does not excite us. The company should have issued a PR when the deal was done to catch the market off guard. We will admit we are very concerned about this. The market has said as much. perhaps its the bad history of this company that keeps the PPS from moving up.?
Neutral Summary - When it becomes so easy to accumulate millions of shares, even when potential news is hinted of, we get concerned. We want to be wrong! We have been consistent from the beginning that we need transparency and a much smaller O/S. There are also lawsuits still open that the company hasn't paid/settled which is a concern too. Removing Bruce alone won't fix everything.
We do realize that there have been company's out there that had their PPS move from .01 to over $1.00 with a high O/S and lessor potential events - its more the exception than the rule. Still, we hope that happens here too. What was the O/S of these company's that went from .01-$1.00 if anyone knows?
Again, please don't attack the ideas conveyed here as positive or negative - they are just current evident facts that need to be explored.
If there are shareholders here that have a good relationship with the company, then please ask them why they didn't issue a PR about events unfolding and chose to tweet them. ( we think they will say it was to save money) Still a bad decision. Ask if the company plans or has discussed another R/S to make PPS valuation work at the expense of shareholders. Even a 1/10 reverse is a shareholder killer. Ask if they plan on issuing anymore shares that will further dilute and keep the PPS down? Ask how many more millions of shares will come off restriction over the next several months?
Lastly, we want to wish good luck to all of us along this journey and can only ask the company to do all it can to bring a much higher PPS to the shareholders who have supported and invested in the company. Don't issue more shares and the R/S then to start all over again, thus hurting the shareholders in the process as was done in the past with the 1/1000 R/S.
Go PASO!
The focus is now on who the merger candidate is and what the terms of any deal are.
If the merger candidate is very small, then PPS may not react that much ?
If the terms are very dilutive, then the PPS may now react very well ?
Let’s all hope that with the new high profile advisors brought aboard the company has found a high profile merger candidate with lots of revenue attached and a deal can be done at very little dilution to shareholders. That’s what will make the PPS climb nicely.
If we get a great deal - PPS should trade only a new range of .25-40 depending on dilution factors.
We’ve all seen lessor companies go from .01 to .76 - $2 on lessor activity.
If they keep the O/S tight - we have a chance to be one of those companies.
As long as the news is BIG TIME, then don’t hold anything against them or being hush and protected. If the news is small time stuff - then the gloves are off.
Everyone has waited much too long to be let down by mindless dribble at this point. Especially with millions of shares coming off restricted status in February. We would all like to see a PPS over .30 by end of January.
GLTY and Happy New Year !
We hope you’re referring to more of January than February/March because millions of shares will become free trading after January and be sold into the market- possibly lowering the PPS greatly? Unless some astronomical news hits that will absorb all these shares being sold.
Our thoughts about what would happen regarding news has come to fruition. We felt very strongly that the company was wise not to waste bullets on news at a time when the markets are working on skeleton crews and investors have packed it in until January.
Come January- the truth about what the company has been putting together should tell us if they’ve been working on serious events or minor events? The market will decide how material the news is once releases come out.
Don’t kid yourselves- there is much work to be accomplished in the next 30-90 days to build a sustainable PPS base that will hold.
It would be wonderful to see a new base PPS of .25 and build from there to another sustained based of .50 and so on. If the company doesn’t issue millions of more shares to increase the O/S, and delivers material news that the markets think is worthy of much higher PPS - then we are in a great position.
We do worry some because all these new high profile advisors that have come aboard are not doing it for FREE- they will want shares, and LOTS of them so they can make serious profit as well.
That may be the reason they canceled the preferred class, so they can restructure a new class to pay advisors?
Again- these are our logical thoughts and should be treated as such. They aren’t negative, they are constructive. If you do t accept all possibilities, then you are opening yourselves up to possible disappointment.
We’ve been around this company for over 15 years and have been through everything this company has thrown at investors. We feel our thoughts are valid and with merit - AND we still are hopeful for a new and improved company that will bring great value to all shareholders with transparency and honest integrity towards all.
Speculation-
These are thoughts - do treat them as opinions.
We are heading into an entirely new phase here. Accumulation period is running its course. Now it’s time to see actual results from the company. Should the company deliver- the results will speak for themselves.
Starting in January 2020 -
The new focus should be on what the true PPS should be if the company follows through on delivering the material events it has been telling us they would. At a minimum, the PPS should break .05 on any “decent” material news that isn’t fluff.
If there isn’t enough “material news” to justify a .15-.25 pps that can hold these levels with profit taking, then once the 144 shares are freed up in February, the stock may collapse?
There really needs to block buster news that will create major interest in January so any 144 selling in February won’t have any effect on the PPS and the price can keep rising to new highs.
The company has had more than adequate time to make sure they can sustain a much higher PPS, knowing that millions of 144 shares will be hitting the float and overall market very soon.
Just hope after all this time that the company has planned for this and will deliver !
Look at it like this -
Use these last days of 2019 to accumulate at good pricing.
Then you’ll be even more excited when the time comes for take off.
After several months of restructuring, a few more days of waiting shouldn’t be an issue.
The only issue would be if nothing happens in January.
We read this as very positive for all. Would love to see something by EOY- still feel that company is saying we need a little more time, however they wanted to put out something now to carry everyone thru December. That’s just our interpretation of the tweet.
They may be a tad behind in their time line of working events, but at least they are saying “ we are almost there, so hang in there with us a bit longer “ which we take to mean material news in January.
Still very nice in all.
Please post actual tweet in addition to link. Thx
Let’s all hope they release some serious news in January because in February another avalanche of freed up shares may hit the market, thus possibly pushing down PPS.
Need to have lightning strike before next 144 restricted legend comes off shares!
Our take at this point -
Being that it’s Thursday and no material news to be seen, the logic dictates that all will be quiet the rest of the year. It would be wise for the company to wait until after New Years to move forward with news due to shortened market hours/days during next week and into New Years.
PPS may be more volatile next 2 weeks with big spreads and light volume making price jump around. Do t get caught on the wrong side due to this.
PPS could range from .009. Or lower - .02 or higher if trading becomes very thin on either side.
Come January- it should be time to see a much more transparent company. OTC profiles need to be updated. Company website needs to be up and running. A new list of officers need to be posted ,along with current up to date filings for latest quarter ending July 2019.
If we don’t see these events come to fruition next month, then there will be much doubt in play.
That’s our opinion and we’re sticking to it.
FYI - that was our groups bid at .135 getting hit for 133,000 shares. We don’t mind accumulating shares below .015.
If she does go below .01 - we may accumulate more.
Although we would rather see PRs vs Tweets, at least we are getting information about what is happening.
And yes, the company should do PRs and make them powerful and not tweet tidbits here and there.
That's exactly what one would think - high profile people making high profile moves that make for a high profile PPS - to get noticed by other high profile investors ect.
If all we get is some minor league deal/s from all this positioning after all this time - -then we've all been had and the pps will never see above .25
The PPS based on the people involved and Hestia involved- provided Hestia is worth $100 million or more should easily be over .50 in short order once any significant deal is announced? Significant meaning over $10 million
It would be a major disappointment and disaster if we only get a $5 million deal. Hestia should be worth $100 million or more ? If we can’t get the PPS over .50 within the next 90 - 120 days - then we may be at the peak of the company’s value.
With the size of our O/S at over 400 million and rising, let’s hope we get a deal worth more than 50 million. We need to see over .50/ share after all these years. lol
If Hestia is as big a player as you’ve stated many times , then we feel the PPS can stabilize at a much higher price point- .30-50 by end of Q1.
After that ,if company continues to evolve, then .50- 1.00 could be seen within 6 months.
After that ???? Depends on the O/S and other factors.
Seen many OTC stocks reach over $1.00 on less news and much shorter time frames. All depends on who the buyers and players are supporting the stock.
Your thoughts are valid. Any given day, right ? Just thinking- if you’ve come this far with all your hard work to get the PPS launched to higher stable levels, waiting another 2 weeks to let the entire market see what you’ve developed, feels like the best move to make. Imminent is usually any moment- but in the OTC can be days or weeks as we’ve seen many times before.
Either way is a vast improvement over the years past and would be welcome. Always want to get the most mileage from PRs.
Thanks. Was able to see what you posted online- just didn’t see the updated version because of their backlog. Still think the start of everything will be after the 1st of new year.
Company should be smart enough by now with all their new advisors to not waste their bullets on empty EOY trading and volatility patterns. Best to explode out of the blocks come Jan 2nd. Next 2 weeks is simply positioning and tax loss selling.
PPS May be distorted because of lack of liquidity due to market on vacation mode. Wouldn’t be surprised to see PPS have wide range of pricing from possible.009 to .02 or higher on light volume.
Hoping you’re correct. Looked on Nevada SOS yesterday- didn’t see canceled shares? Can you paste that info please.
Also - not sure about EOY get going launch because after this week, things are going to slow down and lots of people taking the rest off the year off until after New Years. Perhaps not the best time to get this one going due to the timing.
More bang for your buck after January 1st when markets are back at full strength.
Agreed that if one waits too long for an entry point, it may very well be at much higher prices. Had the company issued a PR and not a tweet about the preferred shares, pps may have ran and not lingered.
If you or anyone else talks to company, can you ask why they’re tweeting information and not issuing official PRs. If they’re trying to save a few bucks, they are hurting shareholders.
Thanks.
Yes it would. Get away from the old management who screwed up the company and the old name associated with it. Of course, keep in mind that when these reverse mergers happen, Reverse Splits usually come along with them and everyone gets diluted.
That's why we've always asserted our opinion that O/S matters!
Hopefully, by the time that happens, the PPS will be north of $1.00
A possible reverse merger into another existing shell company that already has preferred shares issued?
Agreed! It would be better suited for the company to issue an official PR rather than Tweets. Not everyone has twitter, thus making material news seem like a non event by tweeting it. If they company wants to play in the big leagues, they need to act like a big league player and channel news thru the correct business outlets.
Having someone repost tweets is not the way to go. Its minor league stuff.
The message is Great! The messenger vehicle is not.
Let’s hope momentum continues next week. If it stalls out - it may be time to wait until January to start momentum again.
Some type of update/news would be needed next week to keep things going, otherwise the company would best best suited to wait until January because no one but tax sellers are around Christmas week and before New years.
Hate to waste good news from the 23rd to the New Year.
Something wicked like a MAJOR contract or application to move to small cap level would be very well received!
As long as anything wicked DOESN’T involve dilution of any kind via share issuance or giveaway. Company needs to keep O/S below 500,000,000 unless they strike a deal worth $100 million or more.
With all the tens of millions of shares freeing up in Feb 2020, and possibly hitting the market, the last we all need is more shares out there diluting our pps.
Go Paso
How long ago was your conversation? Thx
One thing for sure -
Seems the selling isn’t over yet. Perhaps end of year tax loss , but still selling. Good entry point for starting and great for adding.
Thanks for the positive message. Did they give any clue as to when they may show us maximum value? At this time of the month and end of year, it may be the more prudent choice to save any news releases until after the 1st of January. Market slows down after the 20th of December and any news impact may not get the results they deserve if put out towards end of year.
Rather wait 3-4 more weeks and accumulate then to have news now and pps not react well ? Thx