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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: Kenny who wrote (38)4/1/1998 7:54:00 PM
From: Kenny  Read Replies (2) of 43774
 
To all: I have finally found some news from old shareholder who keeps track this company all along at Yahoo. This article was two days old.

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The PRWT is a shell of an old company over 14 years ago that was into the water purification field, that where the name came from. That company died a long time ago, I know I owned shares in it. The current
PRWT is being purchased and will trade under a new ticker with a reverse split on the stock. The company purchasing the company is a
company out of NY that has a new 20 year patent on a phone like computer that work off of regular phone lines. You can do stock
trades, order from catalogs, credit card swipe, etc. .It can be set up with video so you can see who you are talking to.

The interesting thing about this shell, is that back as far as July 97, they were slowly accumulating this stock. The one day for about 5 minutes they shot it up to .125 cents and it came back down. The company does exist, but I don't remember the name.

The most interesting thing is this, the same day that the news releases expired from the news services, the purchase of stock started again. Possible new news releases coming out? I don't know. It will be interesting to see what will happen in the next few weeks. Hope I have been of some help.
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