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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 (4962)7/8/1998 5:30:00 PM
From: Currency  Read Replies (1) of 43774
 
Does that mean??? Someone help me out here.

They said they are going to get 6,000 applications (right?), and each house is about $25,000 (right?). So 6,000 x 25,000 is $150,000,000. $150,000,000 x .05 = $7.5 million in revenues in year 1. Then 2% a year, would be an additional 3 million a year afterwards. Do I have this all right? And that is just on the first 6,000.
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