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: Bill Story who wrote (9370)	7/28/1998 12:38:00 PM
From: Buster	Read Replies (1) of 43774

Bill, I doubt the company has the resources to buy back shares at the moment. The company is expanding by issuing shares for their acquisitions. According to people on this thread there are approx. 200 mil treasury shares that have been allocated for various acquisitions. If the company had cash to repurchase shares they should have made the acquisitions with cash vs. shares. Why issue shares now at .05 if you plan to buy them back. Buster

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