PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Nov 7 9:30 AM EST

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To: ColleenB who wrote (27006)	2/24/1999 6:17:00 PM
From: jhild	Read Replies (1) of 43774

Another thing about that meeting was the issue of the number of shares. The thing that they said about the possibility of a reverse split was that they didn't want to. Not that they wouldn't. Just that they didn't want to. But what they did say that should cause concern in this direction - and I quote - "We have no specific plans in regard the number of shares but we are investigating alternatives." *Though it seems the alternative that they chose was to increase* the authorized and outstanding shares**. Though what is actually in the float is anyones guess until those financials that are suggested to be due in August again.

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