PanAmerican BanCorp (PABN) Message Board

STOCKTALK

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 0.00001000

0.0%

Mar 7 3:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: lookin forward who wrote (28276)	3/10/1999 9:50:00 AM
From: jhild	Read Replies (1) of 43774

Well you are right. Just because there is no Reverse Split here doesn't mean that there won't be one at any time. In the example you cite 10,000 shares in a RS of 5:1 would leave him with 2,000 shares. In the more practical case of PABN, you can be sure that a reverse will not be in the single digit to one range. You really should think more in terms of it being a 100:1 or higher if they are reaching for Nasdaq status for real. In that case, your 10,000 share example would be trimmed to an even block of 100. At that it would still leave 8 to 10M shares outstanding.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next