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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: PCModem who wrote (39589)7/13/1999 3:16:00 AM
From: jhild   of 43774
 
You still don't get it do you? You have no idea about what constitutes a restriction. What is described in that paragraph is not a legendable restriction that will prevent the shares from being freely traded for any specific period of time, such as say one year. It is merely boilerplate that informs the prospective buyers that they are receiving unregistered shares. They may be registered at any time and thus become freely trading. (As a practical matter they may be shorted against at any time, absent any registration.)

It will be quite interesting to read the alleged upcoming SB-2 and see how many of these shares are registered by it's filing. It's for sure they won't file that Form 10-SB and reveal who the two lucky recipients of these sweetheart shares purchases are.

You strut around like the Emperor with no clothes on. Stop pretending that you know something that you seem to know so little about.

According to the company, there is no exemption available.

Oh, well now there is an authority. Hahahaha. What do you figure the certainty rating on that is - a 10? Hahahahahaha. I can even see John Schmitz laughing at your gullibility. They are the ones that set up the deal in the first place. You think they suddenly won't be cooperative in getting those shares registered? What do you smoke in the evenings that clouds your already muddy thinking?
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