Replies to post #41084 on Patient Access Solutions Inc (PASO)

[Denny5454]

Hope your a millionaire soon

[kingBach]

Its definitely up to the shareholder. I believe you call your broker if you want the conversion

[MNK3240]

Since it is a tender offer, it's optional, it's not automatic. You can choose to convert or not.

How do you accept tender offer?


1. If the shares are held in your own name, you should be receiving tender offer materials in the mail;
2. If the shares are held in your broker’s name, your broker should be mailing the tender offer materials to you and providing instructions. If you have questions, contact your broker.

[Winston]

Let's say you decide to do the Preferred with 1 million shares. your 1 million shares would turn into 4000 preferred. If they use $50.00 X your 4000 preferred shares that would turn out to be $12,000.00 a year interest if my numbers are right.