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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Nov 21 9:30 AM EST

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To: jhild who wrote (39316)7/3/1999 8:30:00 AM
From: ColleenB  Read Replies (1) of 43774
 
This sounds reasonable to me...

OK, so there is a great deal to be done to establish a thrift. Certainly this isn't news to them or sure hope it isn't. Don't you think a reputable company would have fully prepared the long list of requirements before even announcing they were persuing a thrift? Why tell us that they're going to do something and then tell us that "oh, this is hard". Of course it's hard, I was honestly under the impression that the requisite work had been done otherwise why even announce it. Just another promise to blow? Way too many irons in the fire.
ragingbull.com

however, jabba has a different take...

wmw: re your nonsense ... Good Grief! ... So if they did not tell us what they planned I bet you'd be complaining about them not disclosing material information about the company. You are not being reasonable.
ragingbull.com

ummmmm.... releasing information via the news wires with the intent to pump a stock is not the same as informing investors of the company's actions. Good lordy, if they were really interested in informing the investors of their intents/progress they could post information on the company website. Addressing issues such as the failing of the RMC merger, how the company intends to secure mortgages in Belize within the next 90 days, how AHG can be claimed as a wholly owned subsidiary now that we hear PABN/PRWT only owns 49% of AHG, if the company acquired WebWyz Inc as jabba has claimed. These items are much more pressing than what the company might be doing in a few year's time. So, keeping investors informed and abreast doesn't seem to fit their agenda.

ps... I almost forgot about the biggie....the financials, those haven't been disclosed to date.
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