Patient Access Solutions Inc (PASO)

[justincase]

Smart post IMO nsomniyak

"I think they are creating a higher value stock. I think the offer to allow common holders to get preferred at 250:1 is a really nice gesture that says "Ok, you little guys can be part of this as we move up-market if you want to. We appreciate your support in the early days!".

I don't believe they think many common shareholders will take them up on it. Penny stock traders and convertible pfd holders fit two really distinct and separate profiles."