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: J T who wrote (25078)	2/3/1999 3:46:00 PM
From: jhild	Read Replies (2) of 43774

JT it is merely a matter of who is likely more believable. Some one who wanted to report good news because he was long, likely as not even exaggerated the truth to report his experience. It is not likely that he would lie and say there were only 12 when there were 30 there. That would be a much better story for him. Or then we have John Schmitz, who personally stands to gain a great deal with positive reports about this company, talking to Barbara, who stalwartly continues to buy more shares at every opportunity it seems. The same John Schmitz that said he was building 6000 homes in Belize and processing all of these government guaranteed loans for huge profits. Here we are six months later, and there have been several repudiations of these statements by the government there and just how many homes are completed? At their current rate of build out, it may take some number of centuries to fulfill his statements. Just who is it reasonable to believe then? Or is everyone just lying?

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