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

To: PCModem who wrote (39124)	6/29/1999 8:54:00 PM
From: jhild	Read Replies (1) \| Respond to of 43774

Evasion? They sure have. Here is their record of it. Look up the word in the dictionary all you want. Their actions speak quite eloquently. Here you go 1 year of evasion on the filing of financials. The list of references just gets longer and longer. 6/29/98: . . .I had a brief face to face meeting with John . . .Financial reporting is in the works with the accountants..the 2nd qtr ends this month June 30th, and the financials will be due out about 45 days after this date. #reply-5050846 7/3/98: "Financial information and complete details on the company will be included in the 10Q for the period ended June 30, 1998 which will be filed with the SEC shortly." ragingbull.com 9/23/98: Shareholder meeting summary: (facts only) FINANCIALS Q ends September 30th. They have 45 days to file, but plan on filing sooner. NO FIRM DATE. http://www.ragingbull.com/mboard/boards.cgi?board=PABN&read=1762 9/25/98: The Old PRWT books will close on Sept 30 1998. The old shares will be converted and exchanged one for one. PANBANCORP will be reporting with the 45 day limit. #reply-5837174 11/4/98: Finacials This was a key question that I pressed on many times. I could not get a firm commitment on that one. He does not have to do it, so he will do it when he can get the proper balance sheet and information in order. He did commit to releasing some sort of finacial data by the end of the year. #reply-6293989 12/3/98: Their priority right now is completing and reporting the financials. . . . The company says financials will be out in January and I believe them. #reply-6663698 2/24/99 birk: when do you plan to file financials with the SEC? [Moderator] RE: Financials: we plan to file before the end of Q2 [This comment appears as an answer about 10 times through out the transcript.] -------------------------- dguy: Please define what "end of Q2" means(date/deadline?) [Moderator] RE: End of Q2 is end of second quarter of the fiscal year; we are on an annual fiscal Comtec1: when does our first quarter begin ? A: PanAmerican BanCorp is on an annual fiscal year, beginning Jan. 1. #reply-8058651 6/10/99: Our accountants are in the process of completing the preliminary financials of the company. As previously stated, we intend to report these financials on or about June 30, 1999. . . . The decision as to which fiscal year we will select will be announced after the preliminary financials are reported. #reply-10064211 6/29/99: John_Schmitz: all issues on floats and outstanding shares will be addressed in the next month in the upcoming registrations John_Schmitz: walker: financials: early next week John_Schmitz: Hevy: financials will be proforma, historical will cover one year we've been in biz: july 98-june 99 John_Schmitz: finkel: the PABN float will be covered in detail in the registration in two weeks #reply-10323200 And now they are talking about not even reporting audited financials. Looks to me like they just don't want to report at all. Maybe dodging the question of filing financials isn't strong enough.