Replies to post #43038 on Patient Access Solutions Inc (PASO)

[Stock Farmer]

My two cents from in earlier post linked below.

Technically I should have called it Conversion “Ratio” not Rate but same idea. At this point for me it is a toss up whether to convert additional shares To preferred shares or just Roll with the freebie (5% dividend) preferred C shares I will get.

At a price of 0.06 it is a wash other than the 6% annual dividend on the preferred shares.

Most likely there will be a holding period For the preferred shares of a year. Not sure though..

I would not throw all my eggs in the PASO preferred basket fwiw.


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