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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 (39847)7/20/1999 2:28:00 PM
From: jhild   of 43774
 
The reason they are disregarding questions about the franchise situation is because they are required to do so by law.

Just curious to know which law this happens to be that you would quote with such authority. Or is your authority once again "The Company"? Hahahahahaha.

You should note that a review of the FTC site shows no such requirement in the Universal Franchise Offering Circular. After all these documents are mandatory disclosures that must be on file in order to sell franchises, but the idea that there would be no disclosure about the franchising operation is contrary to the entire notion of the document in the first place.

I fear the reason they will not discuss it is that the franchising idea was half baked to begin with. From a business point of view, it seems unlikely that they will disclose things in this document that they are already refusing to disclose to .

Once again DUE DISCLOSURE PABN/PRWT style. Hahahahahahaha.
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