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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: jhild who wrote (38568)6/21/1999 9:22:00 PM
From: gpowell  Read Replies (2) of 43774
 
As to PABN telling shareholders (some shareholders) and not making a public announcement of their private placement, certainly a material event, this is not exactly fair play especially to those investors that have bought this stock and sustained 50% losses in the meantime.

The form D was filed prior to any disclosure (to a limited number of investors) - so this isn't illegal right? Looking for opinions.
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