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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) Info and Positive Thoughts Only
PABN 0.000010000.0%Nov 7 9:30 AM EST

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To: slotman who wrote (943)1/26/1999 7:31:00 PM
From: jhild  Read Replies (1) of 1129
 
Why yes indeed you can really place a lot of faith in those announcements about the Longport scanner, if a deal they said they did 6 months ago, and said was complete then, is likely at best still weeks away from completion.

That John Schmitz is a genius. Unfortunately his precociousness seems limited to the crafting of the Press Releases. Maybe the Board of Directors should have placed organizational and tactical skills a little higher on the list of qualifications for CEO or were they looking for a fall guy?

Some times mergers get held up because of Justice Department monopoly concerns. Do you suppose that this is what is going on?
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