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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: Lucky Charm who wrote (4125)7/1/1998 10:03:00 PM
From: LegalBeast  Read Replies (2) of 43774
 
TO ALL, ESPECIALLY NEWBIES & POTENTIAL INVESTORS

I just knew it would not take much for a real example to come along:

<<<<< Any facts or figures relevant to anticipated expenses,
liabilities, profits, work force, etc etc.??? >>>>>

ANTICIPATED???? Nope, there is not one fact asked for here that the poster has a RIGHT to know! this is what we call negative hype and fear. This poster wants you to believe that this data should be right there at your fingertips. He wants to make you think there is something wrong because you do not already know these details.

Well, folks, these details are what is commonly referred to as CONFIDENTIAL INFORMATION. You won't find it for Wally World, you won't find it for IBM, and you won't find it here. What you will find is the simple truth: This company is growing by leaps and bounds. Very soon now, we will have Access Wall Street operational, and very soon we will find out what other deals are in the works. BUT, what you will not find is anything that is improper by law to release like that poster wants ...

Now, ask yourself, WOULD THAT PERSON BE HAPPY if he were given full access to the books of the company? AHA ... I see you have the right answer. You bet he would NOT be happy, but it really doesn't matter does it? Why? Because these minute details are not going to be made public. That would be a BREACH OF FIDUCIARY DUTY (And that poster knows it), and this company is doing things correctly and legally. Maybe a little slower than some would wish, but still the right way, complete, and with the future as their goal.

Don't forget that we are talking about a company that is a mere month old. Details of how much they MADE will be forthcoming at the proper time, but ANTICIPATED DETAILS ????? You will not see that coming from ANY public company. IT JUST DOESN'T HAPPEN! And it is NOT going to happen here either.
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