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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: Fred C. Dobbs who wrote (36448)5/19/1999 8:12:00 PM
From: ColleenB  Read Replies (2) of 43774
 
I posted this last night in response to your post. I noticed a short while ago that it had disappeared from the thread. Evidently, some person had this post removed because it contained his name. I repost this (minus the name), as I feel it contains information which explains some of the manipulations which have been rampant behind the scenes on this stock.
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Just think, if you would have invested in PABN instead of all those other loser companies you're in

First off Fred, I WAS an investor in PRWT/PABN, and I lost a bundle. I sold before the recent run. I was once a hardened believer in the stories that were spun out of the offices of PRWT which later became known as PABN. The claims of the money generated via mortgage loans in Belize backed by the government, the $$ that was to be generated by the 100% acquisition of RMC, the $$ generated by IT, and other claims made by the company in official press releases had me hooked. You can find my name surfacing on the thread sometime in July.

In fact, I was such a believer that I was one of the "chosen" children who received secret information from people on this and the ragingbull thread who formed an email group. Originally, the group formed with the intention of being able to discuss information/leads without badgering. However, it became a medium all it's own. Information was passed amongst these chosen few (approx 50 people) and was kept from the general public, the thread, with the excuse that jhild was not allowed to examine the current rumors so that he could not dissect them. Information to the public threads stagnated and I felt badly that the other investors, those who were not of the "popular" crowd were not informed as to the goings on within the company or the stories that were being told.

There were so many stories and tales of grandeur going on that I was alarmed. We were being spoon fed such small amounts of information. Just enough to keep us greedy, but never enough for us to properly research information. We were all sworn to secretsy so as to not disturb the delicate contacts, convenient, eh?

This lack of questioning and outside confirmation became extremely disturbing to me. I attempted to ask a few of the more "knowledgeable" people about some of the information after I started my own research, and all I was given was a pat on the back and told not to worry, that my money was safe. This alarmed me even more as the people who were passing on the information didn't have the full story and were
complacent. I felt that this secret society was very dangerous to my investment and made a decision to jeopardize my standing within the "chosen" ones and started to speak out.

My coming out (publicly) was December 30th, just prior to this I was cast from the secret society because of my questioning the dumping that started happening December 10th. I first posted on the Bull, where S*****r, aka PCModem invited me to publicly discuss my concerns on the RagingBull (yes, he was one of the secret members). He convinced the then naive me that the posters on the Bull were more
open to discussion than those on SI. Like the innocent I was at the time, I believed him and posted there. And his responses were a real shock to me. He called me demented, psychotic, drunk, delusional, or other similar type names. He was out to protect PRWT/PABN and he stuck it to me best he could to stop me. He was out to protect PABN the same as he recently bragged about his entry to the world of SI.
ragingbull.com

This is why I am hated and referred to as a Judas on this thread, because I was one of the chosen children. It's a price I have paid for exercising my right to think independently. However, the toll has been great. I have gotten email messages telling me "they" know who I am, I have gotten PM's from posters with my full name, address and phone number, even my mother, who lives in another state gets emails from
unknown people about me, making claims. So, tell me Fred, does this sound "normal" to you?

Bottom line Fred, examine ALL information with an open mind. It doesn't matter who supplies the information, just read it and examine it without prejudice. Facts are facts, no matter who supplies them. You need to get beyond the names and read information that is provided to you.
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