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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Mar 7 3:00 PM EST

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To: barbara sperino who wrote (10614)8/7/1998 4:25:00 AM
From: Tom Murphy   of 43774
 
Barbara...your right, a buy back would not make sense at this point. PRWT will need any capital they have for on-going operations, expansion, etc. But they do have to address the number of outstanding shares for this stock to get much above .10/share. I am only speculating, but it appears the Company still holds a lot of stock. One thing they could do is simply retire some of the stock they are holding.
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