SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: wonk who wrote (37023)5/25/1999 10:18:00 PM
From: PCModem  Read Replies (1) of 43774
 
ww You put a lot of work into that response. Thanks, I'm sure it is interesting on some level for many.

The difficulty is it has almost nothing to do with PABN:

"Let me walk you through the 2 possible scenarios:

1. We agree that for PanAm (Nevada) to reverse merge with PRWT, the mechanism of the transaction is that PRWT issues NEW shares to the owners/shareholders of the acquired company.
"

"...the acquired company."

Sorry, this was not an acquisition. If you review what you wrote, I think you'll see that some of it is based on a the mechanics of an acquisition, not a merger or reverse merger.

Since you've made a fundamental error in your assumptions, and then based conclusions on that error, I don't know how to proceed with a discussion. I've seen conversations go on for many many posts because of such a misunderstanding at the beginning, all to no end, and the audience either gets bored or mislead. I'm sure you'd agree that the better goal is for our audience to be enlightened as a result of our conversation.

Please, I'd like to discuss some of this with you, but in order for it to be revelent to PABN, it should be based on what we know about PABN. What we know is that PRWT and PanAm NV were not joined by an acquisition. It was a reverse merger.

Thanks for "You know PCM, reading through your response, I actually started to feel sorry for you. Either you truly are an innocent and do not know how these things work - or someone is giving you very bad guidance..." Kind, even if condescending. But I think it is you who does not know how these things work.

PCM

GO PABN!!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext