PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Mar 7 3:00 PM EST

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To: ColleenB who wrote (24276)	1/26/1999 1:46:00 PM
From: alan hardy	Read Replies (1) of 43774

Well, from the way I saw it, AFG is more of a distributer for the units, which would have only been fluff for PanAm. I think the real intention was to go after the Gov. backed loans that were promised to PanAm before the elections. At this point, I only see a salvage operation in attempt to get atleast SOMETHING from there presense there now. Who knows, maybe something profitable may happen for PanAM yet 'cuz of the hurricane disaster, but they are a far cry from the first reported deal.

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