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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: PCModem who wrote (36034)5/16/1999 10:36:00 AM
From: jhild  Read Replies (2) of 43774
 
1. They negotiated a deal; 2. The shares (of both AWS and PRWT) were placed in an escrow account (where they remain); 3. AWS became a subsidiary of PRWT (now PABN).

Hahahaha. So according to your spin they were 100% acquired just like RMC that unravelled after 9 months. Hahahaha. That means John Schmitz is a financial genius if he structured the deal like that. The deal that never completes, then eh? If they are still in escrow then that means that there are still some unmet conditions and yet again maybe another announcement just like the "PanAmerican BanCorp has recently decided to forgo pursuing opportunities with Realty Money Center, Inc." Hahahaha.

So you have been deployed to SI, perhaps because the research is leading uncomfortably close to the source of the money that PABN is using to run it's operations? Are there more Greenway Capital/Cortlandt people lurking in the wings here? The story is getting better and better.

Need I remind anyone that financial filing with the SEC would have long ago helped to straighten these details out, but for some reason they have refused? Maybe we are now hitting on the reason they have been evading the filing of these financials. Time for DD. Time for DUE DISCLOSURE.
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