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Re: mox00 post# 46634

Friday, 09/25/2020 1:37:54 PM

Friday, September 25, 2020 1:37:54 PM

Post# of 63074
Just checking in and saw this in the last handful of posts.

I noted where you mention "dilution" and I'm pretty sure you're just using that word loosely in reference to the shares that are being sold cheap. But just in case - and to clarify this for others - I want to explain again that there (IMO) is NO DILUTION going on here.

The O/S was max'd out in June of this year, and there is no convertible debt on the balance sheet. The A/S was increased to accommodate the pending merger with CLX Health / SiriusIQ / UST Global, and just this week we saw the O/S increase by 330M shares which I believe represents the buyback of the Series A Preferred shares for the merger. So the newly issued shares are Restricted, and I believe they will likely be rolled up into Series C Preferred shares for the 6% dividend, being held by the previous owners of the 10M preferred shares control block for PASO (which needed to be returned to the treasury for the pending merger deal).

So no dilution.

The shares being sold cheap right now are (IMO) only cheap because they were essentially "free" or "bonus/incentive" shares from cashless warrant exercises by prior lenders and/or service providers. They are already part of the O/S and are NOT dilutive, but they are being sold cheap and are LIMITED. This is different from dilutive "toxic" note conversion shares. Once these shares are gone, the only shares available will be from retail shareholders - those who buy low and sell high - those who understand the future value of PASO shares as we enter into a reverse merger with CLX Health / SiriusIQ / UST Global. THOSE shares will not be cheap... ESPECIALLY if/when the merger deal closes with the signed DA... WHICH is expected "early Q4"... WHICH begins next week.

This isn't to pump or excite penny stock traders. This is simply a moderate pounding on the table, repeating that these "cheap shares" are NOT dilution, but they ARE everyone's limited-time opportunity for major gains in what looks to be an awesome high-growth potential investment with some great companies with great worldwide connections.