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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Nov 7 9:30 AM EST

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To: jhild who wrote (31477)4/10/1999 8:09:00 AM
From: ColleenB  Read Replies (1) of 43774
 
well, lookie what I unearthed....
............

Currently the Company has 540,000,000 million shares issued and
outstanding. Approximately 70% of these shares are restricted leaving 162,000,000 shares in the float.
#reply-4840754
...........

Any info on the terms of those 70% restricted shares? Do we know how close the holders are to being able to trade them, etc? #reply-4843351
...........

All of those restricted shares from what I am told are in John's hands and he has not given anyone their shares yet and does not plan on anytime soon....That is what he told me this morning.....#reply-4843463

and guess what, 70% of 540M is right at 400M and is a number that has never been disputed, and reported by MANY as the number of shares John purchased at .001 cents when he bought the PRWT shell.
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