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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.00Dec 18 4:00 PM EST

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To: ColleenB who wrote (43655)8/30/2000 5:07:07 PM
From: PatP   of 43774
 
Correction to my previous post: There is a case pending against PABN in the U.S. District Court, Central District of California, no. 99-CV-12129, Donald J. Shaw, et al. v. Purewater Sciences, filed 11/23/99. Thanks to an alert follower of this thread for catching my oversight.

For all you Longs out there, you may recall that Donald J. Shaw was chief counsel for Purewater Sciences, and was instrumental in facilitating the merger with PanAmerican Bancorp.

As soon as I have a chance to wade through the case record I will post DETAILS. Side bets on the subject matter, anyone?

ColleenB, I think the case that Mays24 refers to is the Long Island Medical case, where it appears that the company defaulted. That was in a New York supreme court. I don't believe I've ever seen mention of the federal case against the company, much less a case in Calif. As a matter of fact I missed it because I did not check filings outside the Second Circuit.
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