SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Nov 28 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: astheworldturns who wrote (25372)2/7/1999 5:43:00 PM
From: jhild  Read Replies (3) of 43774
 
July 26th, 1998 - Those were wonderful days in the history of PRWT. The announcements of the government guaranteed loan programs were still coming in. The management had even commented over the phone to filing financials that would cover the merger period through the end of June. Those financials were said to going to be filed less than three weeks later. The Belizean houses were to start construction the following week. The ad for Insider Trading was to start in August.

Yes those were the days when there was no history of accomplishment. When management had no record. But my how things have changed. Unfortunately it seems that management still has no history of accomplishment. The first house is not even reported finished. The reverse merger is still not officially announced completed as well. There are still no financials filed. There are no Belizean government guaranteed loans for those houses, nor does it appear that there ever were any government guaranteed loans - in their stead are announcements of disavowal that such a relationship ever existed with the Belizean government, either the old government or the new.

Indeed why any rational person would not continue to cleave to the company line, as it was presented back in July of 1998 is difficult to fathom. But I see that you are not troubled by these events.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News