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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Nov 28 9:30 AM EST

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To: J T who wrote (30928)4/5/1999 6:06:00 PM
From: ColleenB  Read Replies (2) of 43774
 
John walks away from the deal because he finds that DAVE can't produce like HE "claimed" he could and the "dumping" of shares was DAVE selling what he was given in the acquisition BEFORE he was told the deal was a NO GO and he would have to give back the shares,or he KNEW that John was going to "pull the plug" on the deal AND DAVE is in dire straights colleenb,he NEEDS money NOW so HE "dumps" the shares and figures that he'll deal with the problem of the shares later?

I think your fairy tale went up in smoke just like the claims that RMC was a wholly owned subsidiary.

It's been reported by more than one shareholder who spoke to both John and Dave, that the shares were all returned and held in escrow. #reply-8716350; and ragingbull.com

Guess it looks like there won't be any legal issues between these two after all, regarding the dumping of shares, right JT?
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