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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?


To: barbara sperino who wrote (38303)6/18/1999 11:00:00 AM
From: wonk  Read Replies (2) | Respond to of 43774
 
...Any PP shares sold by any company have to be restricted for at least 12mos or longer. SEC says so....

Wrong.

exchange2000.com



To: barbara sperino who wrote (38303)6/18/1999 11:09:00 AM
From: jhild  Respond to of 43774
 
Fascinating. The SEC says they have to be? I don't find that section of the regs. Could you post a reference please?

As to this offering it is unclear to me reading this over that there are any restrictions on these shares.