SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : PanAmerican BanCorp (PABN) Info and Positive Thoughts Only
PABN 0.000010000.0%Mar 7 3:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: swill99 who wrote (221)8/2/1998 10:25:00 PM
From: pbill  Read Replies (2) of 1129
 
I really can't see $2.00 share on this, with the number of shares at 600 MILLION that would mean this is a company with a value of 1 & 1/4 BILLION dollars, I doubt if anyone believes this is possible with the small amount of income that will come from the Belize project, (est. to be .0001 cents per share, and this Vegas spin off that only has a four month track record, even if they do have 500 million a year in mortgages, the income (based on 7 percent would be 35,000,000 a year, which would then take 34 & 1/2 years to earn 1.2 billion, with no expenses, $2.00 is very unrealistic, maybe .20 if all the news is true and all things work out, which will not happen overnight, but instead take years to develop.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext