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: LegalBeast who wrote (9773)	7/30/1998 9:24:00 AM
From: Rock_nj	Read Replies (3) of 43774

Re: Claiming to be NASDAQ vs. OTC:BB I did a random sampling of some of the OTC:BB stocks that I follow (PINC, TSIG, TSIS). They all referred to themselves correctly as OTC:BB stocks in their press releases. PRWT's practice of referring to themselves as a NASDAQ stock is misleading in my opinion (perhaps it's just an honest mistake). Of course, anyone with half a brain can confirm whether or not a stock is listed on NASDAQ by looking the symbol up on a quote service. I hope that people do such DD before they invest their money. Having a NASDAQ listing lends credibility to a company. Despite what LB says, there is a distinction. It is not a common practice for OTC:BB companies to refer to themselves as NASDAQ or NASDAQ:OTC BB.

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