PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Nov 7 9:30 AM EST

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To: Howard C. who wrote (36547)	5/19/1999 11:53:00 AM
From: jhild	Read Replies (1) of 43774

Well it remains to be seen what has been discarded and what remains. Most companies don't have these kinds of question marks hanging over them. With the history of the organization unfolding in greater detail, I have to wonder who is going to trust them as opposed to other companies with much larger assets under management that are free of these problems. As a stockholder you have to be concerned. This also raises the issue of the cozy arrangement that the I-T Division has with Gold Country. With Charles Vaccarro being the head of both organizations, just what assures that the profits from any trading will find it's way into the PABN balance sheet? Constructing a deal that siphons off all profit (in the event that there ever are any) from the PABN shareholders is really not a hard thing to do. If they filed we might know more as they would be forced to disclose. But alas, they have avoided reporting, say they will but then not.

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