Thursday, September 03, 2020 10:16:01 PM
There is absolutely no reason why PASO would have done this RS/Preferred shares/"Bonus to Shareholder" scam - unless they believe the deal with CLX is dead or dying.
They are trying to set it up so that when the CLX deal dies, the stock doesn't go in the toilet completely.
This is my opinion so don't make any investments based on it but I'm confident - for my own sake - this RS thing was a "hail Mary" to save the stock value after the info comes out that the CLX deal is dead.
CAUTION
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