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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: bobkern who wrote (23236)1/19/1999 2:47:00 PM
From: ColleenB   of 43774
 
further checking out the site for Delaware companies I find this...

Beyond the one class of Common Stock a company may also find it
beneficial to declare a second optional class of stock called "Preferred".
The terms of Preferred Shareholders rights and dividends may be negotiated privately between the directors and the investors, or shareholders.

delawareinc.com
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