Commack, NY, Oct. 19, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Patient Access Solutions, Inc. (OTC PINK: PASO), a provider of technology and management solutions for the healthcare and financial industries, is disclosing its current share structure as the following as detailed and validated on the OTCMARKETS.COM website:
Authorized Shares
- 750,000,000 -- 10/15/2018
Outstanding Shares
- 257,705,058 -- 10/15/2018
Restricted
- 197,494,308 -- 10/15/2018
Unrestricted
- 60,210,750 -- 10/15/2018
Free Trading Float
- 27,756,080 -- 10/15/2018
The company does not and will not have any type of restrictions placed on the transfer agent regarding any structure related disclosures while it coordinates to update its financials.
Additionally, the Company is aware of the recent trading activity and has reviewed the following available data from FINRA-Reported short sale trade data. For the previous 30 days, 87% of the trades were short sales. Of the 5.1M shares traded over 2M or 35% of the total volume were short sales. As we continue to coordinate updating our financials with the auditors we felt it important to alert our shareholders and maintain the best level of transparency we could provide until we are current with our filings. We are planning on providing a more detailed update next week. We would like to thank our shareholders for their patience.
About Patient Access Solutions Inc.(www.pashealth.com)
Patient Access Solutions Inc. (PASHealth) 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. For more information about the services and products of Patient Access Solutions, please visit our website at www.pashealth.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Patient Access Solutions Inc. Securities and Exchange Commission filings available at http://www.sec.gov.