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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: biotechlawyer who wrote (7468)7/22/1998 8:16:00 PM
From: firstman  Read Replies (2) of 43774
 
Let us pretend for a moment (only a moment!) that the press release is real. What kind of damage control can we hope for? For the benefit of the doubt I will assume ceo John has made a mortgage deal with some other part of Belize's gov, and they are simply not very efficient at communicating things down there (I know, seems unlikely, but still possible). If the mortgage deal is being denied by the gov., but is real, then for what reason? Is there any political motivation for this? I haven't a clue. Lastly, if no mortgage deal, what does that mean for Insider Trading, an obviously legit business? Could the Belize thing have been a ruse to generate money for the rest of the company projects (IT, videophone)? That would seem crazy, but we are just pretending here. So, IF we end up getting confirmation from Belize that the release is for real, we still have a major profit making website that will make us all rich. All in all, I am still in this one for that reason alone. More imaginative comments?
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