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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: Scottoo who wrote (37699)6/8/1999 7:37:00 PM
From: jhild  Read Replies (1) of 43774
 
He is a Director of Research & Development.

. . . he is a Director and, as such, has responsibilities; duties to the company.

Careful here Scottoo. One could read in your statement that Larry Roof is a Director of the company in the sense that he is on the Board of Directors. Such is not implied by the title of Director of R&D. A Director of R&D can be merely in charge of just that - R&D and have no Corporate responsibilities whatsoever. Apparently by his own words he sees himself acting in that capacity, but also considers himself a consultant.

It may also be that he is a Director of the Company too, but that would require a specific statement to that effect. I have not seen him mentioned in that capacity. And it cannot be inferred from the title Director of R&D.
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