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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: barbara sperino who wrote (8396)7/25/1998 7:33:00 AM
From: biotechlawyer  Read Replies (2) of 43774
 
Reasons? DealMaker? Legal Beast? Anyone? Anyone?

Where is the specific location of the building project? What real estate agency is handling the sales for the project? That will enable me to call real estate agents, attorneys, and local citizens about the project. I will then be happy to report my findings to the thread.

If the deal is with the current govt. (the UDP) why would the govt. keep it secret or deny its existence? In an election year wouldn't they want everyone to know what great guys they are providing housing for the citizens of Belize?

If the PRWT deal is with the opposition party, why didn't PRWT say so in its press release? Wouldn't such a deal be speculative, based on the PUP coming into power?

In a country of only 200,000 people, about 45,000 of whom are school-age, how could there be no evidence of such a major mortgage and building project in papers, real estate web sites, the Channel 5 news, etc.?

If the Belize deal "falls through, for whatever reason, would it take more or less than 2 months for the shareholder lawsuits to force the company into bankruptcy?

Based on some of the posts, it appears that some shareholders are being told info. by the company, but being told not to share it publicly. Is it legal for a company to selectively disseminate info. to some shareholders, but not to others? Is it legal for such individuals to trade on that info.?
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