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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: ColleenB who wrote (41797)10/20/1999 3:33:00 PM
From: jhild  Read Replies (1) of 43774
 
I guess I should listen to our technical people before playing Bill Gates.

Probably ought to listen to your accountants too. (Maybe Carl Kruse can help you out here?) Bill's stock is hovering around $100/share. John's is under 2cents a share. And Bill has issued 5 times as many shares. So lets see Bill's market cap is $1/2 TRILLION John's market cap is $18 MILLION - on no identifiable net profit from operations, no audited-filed financials, and a litter field of failed initiatives strewn out upon the trail behind.

Ok well let's parse what he said:
By rigorously examining every expenditure to ensure maximum value, we sometimes get so aggressive that we cannot resist expanding our margins at the cost of cutting too deep.

Why not be more precise? Why not discard this mumbo-jumbo revenue enhancement jargon and just use the term cost cutting program ? I mean really, who are you fooling? Mary Feder report to IR stat!

That is what happened this past week when I thought that we had bandwidth sufficient for our newly expanded servers.

Please elaborate on this. What bandwidth did you need? 56Kb wasn't enough to serve up the pages at DEAO? Tell me specifics. How many hits did you get on your pages? 100? or was it 200 for the weekend? How many customers did you really sign up? Was it those 5 or 6 names listed over on RB? Or is the number closer to 2 or 3, meaning a couple of those even are just fibbers?

We are updating our business plan to include many of our findings and while I readily admit that this process has been laborious and painful in many respects, it is something that every company should go through. In a later Chairman's letter, I will detail specific items that we learned and what we are doing to improve our products, delivery systems, management personnel and ultimately our earnings. But as they say "The proof is in the pudding". The best way to share the many improvements is with our earnings results. They will be the judge of our changes.

So say again why you failed to report your earnings? Why have you failed to give another date that you would file your financials by? Why you are making yet again another public statement without discussing financial statement specifics?

Because CodeCare© is literally a new company.

Just how new is this company John? Just how much of Codecare© actually belongs to PABN/PRWT shareholders?

What is the float John?

How many shares are outstanding this month now?
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