ALERT DATE & PRICE: 07/07/08 @ $.97 ALERT EMAIL:CLICK HERE CURRENT PRICE: $.58 CURRENT % ROI: -40%
COMPANY CONTACT INFO:
PATIENT ACCESS SOLUTIONS, INC.
245 Marcus Blvd.
Hauppauge, NY 11788 PHONE: (866) 280-1156 FAX: (631) 233-3739 EMAIL:
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WEB:www.pashealth.com
So far this has been a complete disaster for all of our members and I apologize for that. Our goal is to make you money, not to lose it and right now, everyone has lost on this stock. We have incredible pressure when introducing a new stock to our members and believe me, the last thing we want to see is the stock sell off 40% or more. As you can imagine, this does serious damage to our reputation.
The good news is that the company is on fire right now. My team and I just got back from a week long trip with PASHealth's management team, which included meetings with brokers in Boston, Connecticut and New York.
It was a phenomenal trip which ended with one of the best broker meetings I have ever been to. The room was filled with 35+ brokers from firms like Morgan Stanley, Citibank, JP Morgan and a ton more. Mr. Weitzberg, the President of PASHealth, received a standing ovation at the end of his presentation and the broker from Citibank said it was the best presentation he had ever been to. The brokers really understood the big picture of what was happening with the company and were completely excited about the entire project.
At one point during the meeting, a broker said, "So let me get this straight. You currently have three pilot programs going on with three Home Healthcare Agencies that total 35,000 nurses and you are already negotiating a contract with one of them and if you achieve 6,000 user licenses, the company will gross $194,000,000 and net $72,000,000?" After Bruce acknowledged that to be correct, the room went silent. Believe it or not, these types of opportunities don't come around that often.
After spending a week with the PASHealth team, we became more focused and determined to get the word out about this incredible company. In the past, I expressed to all of our members, that I do believe this company has the best shot at going NASDAQ SC out of any company we have ever dealt with. I believe this even more now than I did before, after spending a week with the PASHealth team.
What we also learned this week, is that the company has been receiving multiple requests for the product outside of the Healthcare industry. Any business that needs to digitize their workplace, can use their products. So PASHealth decided to open up a retail division. Management believes this division has the potential to be the largest revenue producer for the entire company.
For all of you who have emailed us letting us know that you believe in what the company is doing, regardless of what the stock has done recently – we applaud you. We applaud you because you were able to see through all the bashing that has been going on and you saw the true opportunity that lies with this company.
This is a very real opportunity and I have said this multiple times in all of my emails. I want all of you to understand that this is not just some public company that is on the OTCBB that doesn't have a chance of making it. This company is doing exactly what they set out to do and they are doing it much faster than we ever expected.
The pilot tests are currently happening and they are very close to finishing up the contract negotiations with one of them.
It is a very exciting time for everyone involved with the company and I believe the stock will begin to reflect what is happening with the company in the coming weeks and months.
Today, the stock throughout the day traded off the offer and closed up 23.40% to close at $.58, which was a relief after trading off the bid for the past two weeks.
The sellers seem to be exhausted now and we might have found a bottom here. I don't want to be the one who attempts to call a bottom, but the signs are there. If and when the company does finish the contract negotiations, depending on the size of the contract, we might never see these low prices again.
I have heard from my staff that there are negative posts on the message boards saying the company is a fraud and that the product is just a pen. Just yesterday, there was a user on our site using multiple identities and posting negative information on PASHealth. This person actually went as far as to act like a doctor and say that the product would never work and he would never use it at his office.
Do you think there is a chance that may be a person short the stock trying to spread negative information about the company? Nahhhhh. That would never happen in the micro cap markets. I hope you can sense the sarcasm in my voice. :)
Every single day, we have to cancel accounts and block IP’s on our site, due to multiple identity use. This is a daily occurrence and it runs rampant on message board sites. So be very careful as to where you get your information from.
If the company was a fraud, which I can't even believe I am acknowledging this notion, but if they were, how in the heck would they have three pilot programs going on with three of the major Home Healthcare Agencies in North America? And how would they be in the process of negotiating a contract with one of them? Like Arsenio Halls used to say, "Things that make you go hmmmmm."
So to wrap things up, we had an incredible week meeting with brokers and we had incredible week listening to what the company was currently doing. If I could have taken every one of our members with us to each of the meetings, I would have. To see and hear it live, is an amazing experience.
Hopefully, this is the last time we see the stock trade under $.50 a share and we keep moving forward from here.
Have a great weekend!
All the best,
Adrian James
President & CEO
The Stockwire Group
ALFONSE
StockwireAdmin
I have heard from my staff that there are negative posts on the message boards saying the company is a fraud and that the product is just a pen. Just yesterday, there was a user on our site using multiple identities and posting negative information on PASHealth. This person actually went as far as to act like a doctor and say that the product would never work and he would never use it at his office. 