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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Dec 5 9:30 AM EST

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To: Howard C. who wrote (41019)9/20/1999 12:50:00 PM
From: jhild  Read Replies (1) of 43774
 
Howard, this is how these people try to cover up the story of PABN/PRWT. They have very little of substance to contribute.

They party on with inanities, while John Schmitz and his mouthpieces continue to offer excuses why the financials are not complete. Offer yet again another excuse why their Form 10 is being delayed. All the while reminding of the fact that the SEC time limit to remain on the OTCBB is March 8, 2000. (Never mind that there are no restrictions set by the SEC on filing early.)

They party on while the number of shares outstanding has more than doubled.

They party on to the music of new announcements to new initiatives, while the old initiatives shrivel and are silently discarded.

They party on and raise the volume of their chatter whenever there are damaging disclosures, like that of the I-T adventure, and their supposed effort to franchise the operation. And what of their possible links to Castle Securities, or the backgrounds of those involved in their operation?

After all there is still that Federal Thrift that they may file for any day. That on-line bank that will offer no checking services is just around the corner isn't it? There is still that NY area ISP that surely will challenge AOL. Or a new seminar from Teachdaq, teaching people to use a service that they have a whole storefront office in Boca for the two traders that use it? Is there another twist left with Digibill or their Health division?

Pay no attention to the pile of discards out the back door to the Hauppauge offices. Belize, RMC, NHLT, NRPI, 84 Lumber, LPTI, . . . Btw WHEN IS trash day any way?

Ahhh, to have that Form 10. But then that probably would not be good for shareholder value. The veil of secrecy is there for a purpose I bet.
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