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UST Global RM; Patient Access Solutions, Inc. (OTCMKTS: PASO) Surges Higher

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Patient Access Solutions, Inc. (OTCMKTS: PASO) is surging higher in recent trading since the recent shakedown. Since we first covered PASO as it was running out of sub penny land the stock has skyrocketed upwards, attracted legions of shareholders and emerged as a volume leader in small caps.

Reverse merger stocks have been the hottest plays in penny stocks in recent months with many of them making historic gains. On May 29 PASO filed the merger filing with UST Global and Sirius IQ JV to reverse merge into PASO, “…The Closing shall be on July 15, 2020 or sooner, unless the parties hereto agree to another time. According to public records UST Global and Sirius IQ are major companies that employ thousands of employees in 23 Countries. Clients of UST Global include Fortune 500 companies in banking and financial services, insurance, healthcare, retail, manufacturing, shipping, technology, semiconductor and telecom. RM stocks have been some of the hottest in small caps in recent years.

Patient Access Solutions, Inc. (OTCMKTS: PASO) is a Healthcare Solutions company which has created a formidable array of technology, management resources and allies to enable it to become an agent of radical change in what has traditionally been a slowly evolving healthcare environment. PASO is a great RM candidate, the beefed up bod has been accumulating stock on the open market and the Company does solid revenues and recently reported a net income of $190k for fiscal 2019 on revenues of $2.2 million. They also have little debt, and no convertible notes.

$PASO getting lots of attention on twitter:

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PASO

On May 29 PASO filed the merger LOI – $3.2B UST Global and Sirius IQ JV to reverse merge into PASO, “…The Closing shall be on July 15, 2020 or sooner, unless the parties hereto agree to another time.” (Due diligence period prior to closing, after which the parties will sign Definitive Agreement)

CLX HealthCare Partners and JV Partners Sirius IQ and UST Global

SiriusIQ: SiriusIQ is focused on next-gen Master Orchestration and Automation of data to streamline business processes, conversations, analytics and more. SiriusIQ based solutions are faster, better and smarter and integrate Native Cloud Services, Human-Assisted AI, Continuous Integration Continuous Delivery of Data and Subject Matter Expert Collaboration. A graduate  of Microsoft BizSpark Plus incubator, SiriusIQ has been named a ‘Cool Vendor’ by Gartner and a ‘Hot Vendor’ by HfS Research.

UST Global: is a multinational provider of Digital technology and transformation, IT services and solutions, headquartered in Aliso Viejo, California, United States. The Company has 23,000 employees and offices in over 25 countries including USA, India, Mexico, UK, Malaysia, Philippines, Singapore, Spain and Poland. UST Global has oriented its services around the following major platforms to offer our services in a Business Platform-as-a-Service (BPaaS) model while continuing to support enterprise-class customers with more traditional IT and BPO services.

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Currently running up the charts PASO is the latest Rerverse Merger play to take the OTCQB by storm. This is a great RM candidate, the beefed up bod has been accumulating stock on the open market and the Company does solid revenues and recently reported a net income of $190k for fiscal 2019 on revenues of $2.2 million. They also have little debt, and no convertible notes. PASO proposed merger with UST Global and Sirius IQ is the driver here. Clients of UST Global include Fortune 500 companies in banking and financial services, insurance, healthcare, retail, manufacturing, shipping, technology, semiconductor and telecom. RM stocks have been some of the hottest in small caps in recent years. Microcapdaily first reported on PASO when it was .01 on March 6. We will be updating on PASO when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with PASO.

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Disclosure: we hold no position in PASO either long or short and we have not been compensated for this article.

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