Patient Access Solutions Inc (PASO)

[MoneyForNuthin]

$PASO The ACTUAL changes in the float - and the timing - indicates ANYTHING BUT some kind of scheme by the company or insiders to dump shares onto retail investors' heads, the rumor that some have been spreading in social media.

Look carefully at the chart with my annotations below. I strongly believe it explains VERY WELL what is going on here, and why the price dropped so rapidly over the past ~3 weeks since 9/11. And it's NOT the company, insiders, or some kind of dilution scheme!

My suggestions/recommendations - study the info from the spreadsheet and chart that I've posted here. Back it up as needed from available public information. Do further DD as necessary to gain confidence in what's going on here... and make your own decisions, don't buy/sell/hold stock based on traders' opinions circulated in social media.

Having been able to take advantage of the opportunity to add several million more shares down here in the 2s, I've not been a complainer about the recent pullback. In fact, still adding almost every day, but I HAVE been able to add and I've got plenty, so I'm not worried if/when the price goes back up. In fact, I'll be very happy, as I should, because I have a nice position. But I think many on the sidelines are hoping they have a little more time to add, buy back, or start a position, and they are now jockeying for their pole position.

Good luck to all true PASOnians and PASOholics. The rest will express their regrets later or mumble under their breath, or simply move on to the next "play" and act like it never happened. imo, lol

Here are the comments and points that I annotated in the chart image below:

Additions to the Float:
from 5/1 to 6/4: 4,357,083
from 6/4 to 7/17: 12,114,269
from 7/17 to 8/11: 10,944,044
from 8/11 to 9/11: 47,323,640

[Yes, a larger number of shares recently added to the Float. I've discussed this in other posts, and I noted that I believe these "cheap shares" that some holders are willing to sell at about any price... are LIMITED, and it WILL stop - soon, imo. In fact, I believe some that sold at higher prices are now getting their shares back by soaking up these cheap shares, though carefully and with help of some of their own selling in order to hold the price while they load. But I suggest anyone do their own DD to make their own conclusions about why shares have been added to the float.]

Retail trading's "silent" reaction to OTC Markets posting of Float update on 9/11/2020: sharp decline (selldown or "takedown") in pps from 9/11 to 9/24.

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Subsequent trader comments (FUD) in social media about "red flags"(hmmm, just happens to be right at the bottom in what some call "the loading zone": starting after hours on 9/24 when price action showed indications of a bottom.

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Interesting to note that pps held .07-.08 range strongly sideways for 2 weeks while company is "supposedly" diluting new float shares into the market. But the price didn't drop until retail traders saw the float increase that was posted to OTC Markets on 9/11.

If the company, insiders or any others wanted to "dump shares into the market," they would have done it in the .10-.16 range for over 3 weeks. And you would have seen the float growing by more than the 16.5M during those 10 weeks from 5/1 thru 7/17.

So did the company dilute the price down to 2 cents? Or did retail find something it could use to take profits and buy back lower? You decide.



Data points in chart, plus related share structure info: