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Monday, September 21, 2020 8:11:26 AM
And it's not PASO's CEO's fault that Hestia never ended up doing anything further with PASO's wellness center biz model after Ed Lee at Hestia announced that PASO was going to be HSTA's 1st client in August 2019.
In retrospect I'm sure PASO's CEO Bruce Weitzberg wishes he never even did the deal with Ed Lee at Hestia in the 1st place...because all Ed Lee ever arranged for PASO last year at this time was buying PASO a new wellness center which resulted in PASO no longer being able to generate positive net income because they started paying for the new building Hestia helped arrange the purchase of!
Then when the global covid crisis hit PASO's wellness center in New York got shut down completely like all New York businesses did. Which had ZERO to do with CEO Weitzberg whatsoever, and imo directly led to/resulted in PASO CEO Weitzberg accepting the CLX LOI in May!
And considering the only 2 public market financings PASO's CEO Weitzberg ever did here were both Private Placements via Restricted 144 Shares issued only...how anyone can call him supposedly "crooked" is beyond me!
Especially considering well over +90% of OTC CEO's never once successfully receive Private Placement financing period the entire time they're CEO!
In fact, the over-whelming majority of OTC CEO's usually only succeed in receiving 3rd party convertible noteholder financing, something PASO's CEO never once did!
So calling CEO Weitzberg "crooked" for never getting PASO any dilutive financing whatsoever besides the 2 Private Placements he secured, and for having PASO's wellness center generating positive net income until September of last year is laughable, as clearly his material actions here up until accepting the CLX LOI in May of this year prove the direct opposite of supposedly "crooked" as any OTC CEO can get lmfao!
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