InvestorsHub Logo
Followers 60
Posts 3926
Boards Moderated 0
Alias Born 01/16/2016

Re: MoneyForNuthin post# 50436

Friday, 10/16/2020 8:21:18 AM

Friday, October 16, 2020 8:21:18 AM

Post# of 63074
PASO lots of solid DD on this monster..

I refer back to this great post often to see through all the noise.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158353784

-KEY FACT 1- The 28 May 2020 Letter Of Intent (LOI) between CLX and PASO is ACTIVE and reads in part: “CLX shall acquire, subject to the completion of due diligence, the execution of a Definitive Agreement and Board and Shareholder (if necessary) approval, 10 million shares of preferred Series Stock of PASO. It is understood by the parties with joint financial interest in CLX acquiring control of PASO is to effectuate a reverse merger between PASO and CLX Healthcare Joint Venture partnership “CLX” (“Acquisition”).” It further reads… “The parties agree not to negotiate with any other reverse merger or financing candidates during the pendency of this Letter of Intent.” What you just read means that the deal is still on. Until someone can produce PROOF that this LOI has been terminated between CLX and PASO, then that means the reverse merger (RM) is still happening. It also means that there aren’t any other RM candidates, so if, figuratively speaking, a comment were to be made similar to “they better hurry up before someone else makes them an offer they can’t refuse", that comment would be baseless and ignorant to the facts. They are so far along in their process… it would take another 6-8 months to do what they’ve accomplished so far on this deal if they were to change gears now. If (figuratively speaking) someone were to ask, “Why is it taking so long!?” and then turn right around and say “They better hurry up before CLX changes their mind to go a different route!”, this would highlight a severe lack of both operational cognizance and general business comprehension. The concept is simply nonsensical. So, they better hurry up or else they are likely to start the process all over again? LOL! Because there's all kinds of time left for that, right? The consensus is that "the app" (in conjunction with HealthyAmerica) needed to be launched and deployed like...yesterday. A savvy investor would be able to see right through all this noise.




ALL IMO