PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Mar 7 3:00 PM EST

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To: J.R. who wrote (168)	6/1/1998 2:42:00 PM
From: CJacks	Read Replies (1) of 43774

I received a return call from IR also. He said they issued 75 million initially and have warrants for another 14 million = 89 million. He also said that management owns the lion's share and that they estimate 22% to be in public hand's.....19.5 million. I LIKE IT!!! The merger will be share for share. with PRWT changing names to Pan American. Eventually, we may see a ticker change...far down the road. They will be a reporting company, too! Lastly, he did say that the company has a few more press releases to share, but he would not give a time frame or subject matter. Don't blame him....that would be illegal. I guess I'll just wait around to see! CJacks

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