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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: ISOMAN who wrote (40153)8/1/1999 10:44:00 PM
From: jhild  Read Replies (2) of 43774
 
Here's a bit of DISCLOSURE PABN/PRWT style:

woull: ARE THERE REALLY 1.75 BILLION SHARES AUTHORIZED??
John_Schmitz: Fianancials are expected to be released and posted early next week. they will be posted on the pabn web site [Apparently PABN/PRWT doublespeak for we're not telling now.]

finkel: john what is real pabn float???
John_Schmitz: finkel: the PABN float will be covered in detail in the registration in two weeks [Apparently PABN/PRWT doublespeak for we're not talking now.]

Bernice_Bernice: What registration
John_Schmitz: regarding registration: we haven't decided which one- we don't know if full SB2 or another one. [Note, there are several types of registration, but an SB-2 requires no information about who purchased those 100M shares in March. The idea that they would file a full Form 10-SB with the SEC seems not to be an option.]

MikeU: MikeU: Why was a Form D filed? Does PABN need money?
John_Schmitz: MikeU: private placement was done in march [Apparently PABN/PRWT doublespeak for we're not telling period.]

Message 10322069

[BTW, where is that registration statement. It was over a month ago that John Schmitz said they would be filing it in two weeks. Time passes more slowly in Hauppauge I guess.]
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