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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: Kevin Clarke who wrote (19957)12/6/1998 7:57:00 PM
From: jhild  Read Replies (3) of 43774
 
YOU ARE THE CAUSE FOR INVESTORS LOSING THEIR MONEY

Kevin, maybe better get with the program here. Rosario isn't the cause of anything other than making himself look foolish at times when he changes his view of the company. PRWT management has repeatedly dropped the ball and continues to use misdirection to double talk everyone's expectations.

One of the beauties of having so many irons in the fire like PRWT has is that when they don't execute in one area, why they just seem to divert attention and start talking about something else coming in the near future somewhere else.

You all were so exercised about how great things were going in Belize, and at this point, results have fallen so far short, that it can only be described as a fiasco, given their original claims. But you soldier on because they are going to run a tv spot on a local cable channel. Or they are making some deal with an "un-named" health organization. You have no idea what or how much it is, but surely it must be a lot, because they wouldn't announce it right?

Blaming Rosario, or me or any one else that posts here is absurd. John Schmitz is the one that is owed any blame for the current value of your shares - if you have a need to blame.

My assessment is that given the current information about this company, it is likely quite overvalued even at these levels. For the life of me I can't see $12M of current value, and these guys seem more interested in managing share price than in growing any business. Giving them credit for executing when they haven't as yet done anything, is a little dubious.

You made the decision to buy your shares. And if you are relying on the greater fool to buy more, so you can sell at your target, I'll just bet there are a lot more shares at a much lower basis that will be selling before the market gets to where you want it to be. The only way to get there is for the company to perform. Rosario isn't keeping them from that task. They are doing that on their own.
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