PanAmerican BanCorp (PABN) Info and Positive Thoughts Only Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) Info and Positive Thoughts Only

PABN 0.00001000

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Nov 7 9:30 AM EST

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To: Scottey who wrote (970)	1/30/1999 7:36:00 PM
From: jhild	Read Replies (2) of 1129

Well Scottey this is my understanding of the process. The exchange should happen for you automatically if your shares are held by your brokerage. You shouldn't have to do a thing, unless you are actually holding the certs, then you would need to physically exchange them in order to have the current certs. Not exchanging them makes selling just a little more complicated I think, but not much other than just the delay in getting them exchanged. But I think that all that you should see happen in your account is that one day they are Purewater - PRWT and the next day they are PanAm Bancorp - PRWT, with a new CUSIP #. Presumably the share count wouldn't change, though if there is a stock dividend or reverse split, this could be accomplished at the same time and the share count could change. I believe that if they choose to change the symbol it doesn't really matter when that is accomplished. So they wouldn't necessarily have to do that at that time. I am unaware of any particular site that would have this fully explained, though if there were I would hope that someone might publish it.

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