Wednesday, September 30, 2020 6:46:19 AM
1)" As the Company moves forward with the proposed Reverse Merger, currently at the signed Letter of Intent stage, with CLX Health as well as expansion of the core healthcare management business, it has been determined that the number of authorized shares needs to be increased.
The increase that has been approved by the majority of Shareholders is 1,750,000,000 and provides us flexibility to use a portion of these newly authorized shares to close the transaction with CLX, "
https://www.otcmarkets.com/stock/PASO/news/Patient-Access-Solutions-Inc-Plans-to-Increase-Authorized-Shares?id=272590
2) Joseph Gonzalez (Chief Strategy Officer of SiriusIQ, part of CLX Health) telling shareholders on twitter " AM explanation" for the increase. Next morning we got the explanation from PASO. An assumption can be made that Both companies ( CLX Health and PASO) are aware and on agreeable terms so far.
https://twitter.com/Natalie1978PSC/status/1310962074638594048/photo/1
https://twitter.com/natalie1978psc
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