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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 (22473)1/8/1999 12:29:00 PM
From: jhild  Read Replies (5) of 43774
 
Well Barbara, just as I think all of your (you longs collectively) chittering and high 5's are inappropriate to the discussion of the stock, so do I think always talking about the price when it is low.

I am little concerned for what the price is and do draw a distinction in that regard to Rosario. I think he likes to rub it in when it's down as payback for all of your (collectively again) abuse.

Why not talk about where all of this money that PRWT is allegedly coming up with? There was the $2.5 million loan guarantees to NRPI. Now did cash ever change hands there? Has NRPI ever drawn on that money? Have they generated any cash flow for PRWT as a result?

And then again this NHLT $6 million rumor that they made a press release about. "Discussing a financing arrangement", or words to that effect, doesn't necessarily mean that PRWT has $6 million. In fact, maybe they are arranging for someone else to make this loan and they are only getting a "pass through". It is interesting to note the comment that NHLT may have a debt of $3 million already. So I would wonder about just what collateral they could offer even for such a loan.

If they are putting up the money themselves, just where is this money coming from? Those few traders in Garden City slapping high fives? Why isn't PRWT buying in shares if they are generating so much cash? Why isn't the share price rising? The market cap is only $12-13 million. Why is it that only you longs know how great this company is and the rest of the market is in such ignorance?

If most of your DD is coming from the company and company controlled events, why have they chosen you all as their investors, through feeding you all information and encouraging you all to hold long and long term? Is it because you all are the only ones that don't demand to see financials, and see what you all are buying before you actually buy? If so what does it say about you all? This is the way that you invest your family's futures?
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