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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: bobkern who wrote (19580)12/2/1998 8:53:00 PM
From: Roger Bodine  Read Replies (1) of 43774
 
Bob,
Many are waiting for the business plans to unfold. They are in different stages and coordinating everything on financial report forms is not finished, or not presented to the public.

There are a number of persons that understand the history and present goings on of the company. I feel confident enough that I really am not concerned about the low price (I have bought in at about 5 different levels) but would be concerned if financials, or some other strong outside verification, did not show up by the end of the first Qtr in 99. Right now, I do not know when any PR or Qtr report will show up.

I am waiting and feel very optimistic about the near term future 3 to 12 months. I have nothing to base it on, but what I have said from the very beginning, I think/feel PRWT (or another replacement symbol) will be at 2.00 on the short term and going on to 10.00 later. I cannot back this up with any facts.

Roger
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