Replies to post #55835 on Patient Access Solutions Inc (PASO)

[SubPennyBoater]

Awesome. I think your on to something

[KingOfSwing...Trading]

Honestly, I see merit in both arguments

If the option that it is easier to do the transactions while CLX is still a private entity is true, then it makes sense to do the dozen deals you referred to before announcing the DA

On the other hand, I suspect some larger entities will not want to do the deal if they are not dealing with a publicly-listed company. Some have suggested there are institutional investors who are not allowed to take positions in penny stocks. If that is true then in makes sense to complete the deal and move from the OTC to the NASDAQ and then do more deals.

I don’t know which, if either, is correct and that doesn’t matter much.

I do know I am anxious for one of those scenarios (or an equivalent) to be completed in the near future. I suspect many others watching this board may have a similar view.

[3Angels120702]

Except paso isnt a clean shell as we keep finding notes payable to someone

[Mac2014]

A couple of people, who occasionally post here, are of the same opinion about the DA already being inked, so you definitely aren't alone.

I agree completely that CLX wouldn't allow a perceived association to continue if there weren't one. We have all been told, ad nausem, that they are not legally obligated to report the end of the proposed RM, and it's true. But IMO there is no way that they'd allow the hit to their reputation if they allowed people to continue believing they were proceeding with PASO. And just let one CLX insider sell one share of stock and it would be seen as collusion.

[upper11]

Hope so but jg reputation is for ever stained unless he closes the jv