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%Mar 7 3:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ColleenB who wrote (27556)3/2/1999 8:30:00 PM
From: jhild  Read Replies (2) of 43774
 
The conclusions of this rambling tome are somewhat revealing:

1. Corporations are not legally allowed to screw over their shareholders. Period. There are legal remedies available. They are time consuming and expensive sometimes, and they definately require learning a lot of FACTS, but they are there.

Companies that screw shareholders are breaking the law. If they do, they are hard to prosecute, but it is possible? There's a real insight. No wonder the guy is afraid to come over to SI. (He claims to have taken theology classes. Evidently the courses were neither in ethics or logic.)

2. Any suggestion that corporations are allowed to legally screw over their shareholders is a lie and a deception purposly posted to mislead shareholders and potential investors (for the reasons I posted earlier today).

Any one that says a company can legally screw shareholders is lying for their own purposes. (Though if they say they are doing the illegal kind of screwing, that would not be covered here. But wait, any screwing is illegal according to posit #1, so this posit is a non statement.)

3. PRWT is a Delaware corporation, so all of this is moot. Since it is moot, one wonders: Why in the world the gestapo basher elites would continually bring it up? One posits an answer: Because they don't have anything that is pertinent to discuss regarding the company in the first place.

PRWT is a Delaware corp, but the company has explained at the meeting that they are going to exchange PRWT shares "one for one"** for shares of PanAm Bancorp (which last I looked was indeed a Nevada corp.) Oh, to have the company just file their financials to put some specificity into their statements. Why does it take nine months to accomplish this reverse merger?

** <Moderator> RE:NAME CHANGE: one share of PRWT will equal one share of PanAmerican. You will be notified of the change.
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