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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Mar 7 3:00 PM EST

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To: ColleenB who wrote (31228)4/8/1999 12:24:00 AM
From: jhild  Read Replies (2) of 43774
 
When pressed further he told me about 20% is held by the public and 60% by the treasury. fools-gold.com

20% is held by the public is another way of saying that the float is 20% of the authorized. That is being generous, because if he is talking about 20% of the outstanding there he is implying that the outstanding number of shares just jumped by about 50% from 820M to 1.25Billion
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