Replies to post #45178 on Patient Access Solutions Inc (PASO)

[jump1]

Reverse split stand by. PASO

[CravenP]

Yep. I was re-reading the PR that announced this increase from the First of the Month.

https://www.otcmarkets.com/stock/PASO/news/Patient-Access-Solutions-Inc-Plans-to-Increase-Authorized-Shares?id=272590

As the Company moves forward with the proposed Reverse Merger, currently at the signed Letter of Intent stage, with CLX Health as well as expansion of the core healthcare management business, it has been determined that the number of authorized shares needs to be increased.

The increase that has been approved by the majority of Shareholders is 1,750,000,000 and provides us flexibility to use a portion of these newly authorized shares to close the transaction with CLX, as well as with any other entity, by providing enough shares in the Treasury to issue a new series of Convertible Preferred shares envisioned to be priced at $15.00 per share.

[Stock Farmer]

PASO Security Details 9-22-2020