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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: jhild who wrote (24318)1/27/1999 3:00:00 AM
From: issme  Read Replies (1) of 43774
 
Ok, you like figuring huh. Well here is another figure for you!!

$800,000,000 loaned for average 10 years at average %8
$9,706,207.55 per month payment.
$116,474,490.60 payback per year
$1,164,744,906.00 total payback in 10 years
$364,744,906.00 total interest paid
$109,423,471.80 total PanAmerican profit on 1st years 800,000,000 dollar loan. Now multiply that figure by the other 9 years they loaned 800,000,000 dollars. that is there gross profit for ten years. On one measly company they own....Here let me figure that for you.
$1,094,234,718.00 divided by the total outstanding shares =$1.79 cents per share, and that again is figuring on only 1 company, and only loaning $800,000,000, per year..

>>>ISSME<<<
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