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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Nov 21 9:30 AM EST

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To: jhild who wrote (20953)12/20/1998 11:34:00 AM
From: jdcpa  Read Replies (1) of 43774
 
"With this kind of imprecision, auditing should be a major concern."

Each division has been audited, per John Schmitz.

My point is that when I was involved in a stock buyback negotiations,
all information was kept confidential. Otherwise, the deal could
have been impaired. Anybody previously involved in business
dealings can tell you that timing is crucial in the release of
information but also it keeping it confidential until the proper
time. It is apparent by the web site update that the Company feels
it prudent to give us only a small amount of financial information
at this time. I'm sure more financial information will be coming
our way when the lawyers give their approval.
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