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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 (10606)8/6/1998 1:09:00 PM
From: myturn  Read Replies (1) of 43774
 
I have suggested to John to put it in a PR form that way if need be he could still do a Reverse split if neccessary, but I don't see reverse split occurring with all of the assets that PRWT has accrued in a short amount of time.
I see a major stock buy back before a reverse split ever happens.
John, just on credit alone could easily put a lien against Real Money Center or Insider Trading and gobble up 50 million shares just like that.
50,000,000 x .032= 1.6 million dollars

Do a stock buy back and then if need be, do a secondary offering for acquisition purposes.
To me this increase shareholder value and confindence with management ten fold.

This philosphy is where John and I are miles apart.

John, are you listening? Helloooooooo!!!!! Helloooooo!!!!! Johnnnnnn!!!!
Once we see the 10-Q a lot of our questions will be answered concerning the float size and a better handle on what John wants to do with all those shares.
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