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: ISOMAN who wrote (841)	6/15/1998 9:14:00 PM
From: TraderGreg	of 43774

Yes, that is correct. But the 5% fee is for loan origination so it will be necessary to originate additional mortgages each year. BTW, not to sound like a basher, as I too am long here, but in light of the fact that no reverse split is to occur and the stock is presently at a nickel, why all the discussion about NASDAQ listing. At the small cap requirement, we would be talking a market cap of approximately two billion dollars. Aren't we just a little ahead of ourselves gang? TG.

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