![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, January 28, 2021 10:33:10 AM
The address they have online shows an apartment complex. No photo's anywhere.
They just lost a deal they've been fighting for desperately which was the only path to riches for shareholders.
In addition let me share something a little more concrete. PASO now has a share-pool of 1.2b shares. They just diluted the hell out of themselves (someone made a lot of $ from this too. I am guessing a friend of this Joey Gonzalez character.)
So lets talk about valuation. $0.01 means $12m. If it was to go to say $0.02 that would be $24m. Why would this company be valued at even $12m? Its valueless. Stock is worth maybe $0.0025 maximum.
To make matters worse the CEO "Bruce" had every opportunity to disclose publicly the status of the reverse merge. Instead, he decide to speak of a mental health clinic after the RM due date. No information about how much this clinic cost, where the money came from to buy it, and a wild stab at the revenue it may or may not generate. This guy is grasping at straws. He has no real business model or path in place to succeed.
The only way this goes back up is if Bruce buys back 300-400m shares and clean up the mess.
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM