PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Dec 5 9:30 AM EST

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To: ColleenB who wrote (23980)	1/24/1999 3:48:00 PM
From: barbara sperino	Read Replies (2) of 43774

So you are saying because panam is in good standing with the State of Nev this proof that they are not merged with pruewater. Why than is the SEC allowing them to post pr saying PANAMERICAN trading under the symbol PRWT? How can a company post their business under another symbols name if they have not filed the proper papers with them? What did John Schmitz go to the trouble of holding a shareholders meeting with former shareholders in Purewater to say that they would now be part of the new company Panamerican? In doing this and reporting the news of Panamerican under Purewater symbol did he not just set himself up for one major lawsuit by all former shareholders and also present shareholders who have bought the stock? Why would we have all these MM's now trading in the stock that would not even touch the old Purewater with a ten foot pole? Do you actually believe that if this stock was the old purewater and we are going to get stuck with the shell and not the business of Panam merged with it, that they would actually be willing to buy these shares? They wouldn't even be willing to make a market in these shares.

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