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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Nov 28 9:30 AM EST

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To: DealMaker who wrote (10118)8/2/1998 7:22:00 PM
From: Alastair McIntosh  Read Replies (5) of 43774
 
DealMaker, you are quite correct. I do tend to put the statements of a national government ahead of those of a non-reporting BB company. If you continue to hold the stock and hope/believe otherwise, it is certainly your choice. As I said in my previous post to xbrent I don't know anything about Belizean politics and it is possible that the company has been completely forthright about its affairs in Belize. However, I would like to see some evidence one way or another.

I have no position as yet and will not until the company provides audited financials. I am looking for answers to questions. As an investor you realize that a healthy skepticism is one of you best tools.

As far as the stock price being more attractive before reporting than after, lets just say that audited financials sometimes produce surprises.

Al
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