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

To: PCModem who wrote (39514)	7/11/1999 6:52:00 PM
From: Scottoo	Read Replies (1) \| Respond to of 43774

Are your decimals correct, PC?? Price $.01? Wr Scottoo

To: PCModem who wrote (39514)	7/11/1999 6:55:00 PM
From: jhild	Read Replies (1) \| Respond to of 43774

I will simply point out the big lie du jour, which is the idea that in the private placement two investors got some kind of sweetheart deal on a bit over 50,000,000 shares. Well this is maybe your big lie du jour that it was only a bit over 50,000,000 shares, because in fact they filed a Form D saying they were placing 100,000,000 shares. Those shares can be placed at any time and in fact the only requirement for the Form D is that it be filed within 15 days of selling any of the securities, not all that are to be placed before its filing. You even have a copy of the Form D that you sent off for, but you are unable to read when it is to be filed. Tsk. tsk. tsk. geocities.com Well you can look right there to verify what I say. Apparently you are the big lie du jour, today and every day. The menu just doesn't change with you it seems. Why do you persist so in raping the truth and calling it consensual sex?

To: PCModem who wrote (39514)	7/11/1999 7:40:00 PM
From: Harry Sharp	Read Replies (1) \| Respond to of 43774

PCModem Thank you for your explanation of the placement of the “sweetheart” shares – it does ease much of my concern over that deal. Did I read here that the private placement was not supposed to become public knowledge? If so, and they are legally permitted to do this, does anyone know how many times this may have been done in the past and can they do it again? Have they had three different names in the last six months; Purewater, Pacific Capital, and Pan American? And thanks for the link to the prices for PABN – I could not find these (although I only checked a couple of places) What happened to the volume on 4/13/99, 4/14/99, and 4/19/99? Does anyone know how many shares are outstanding? The bottom of this SI thread lists the PABN 52 week high of .62 cents – when was that? I've only been reading this thread for the last 10 days or so, and I'm not asking you to rehash explanations you've put forth before, but there seem to be enough red flags still flying that I will wait at least until some sort of financial report comes out (next week or so?). You may have good explanations for all my concerns but I haven't held any penny stocks for many years and I guess I am just not comfortable with this company. In the stocks I buy I'm not used to trying to figure out if a company's management is on the up-and-up. P.S. To Observer who wrote: “Their ultimate goal is most definitely not your well being” You've pointed this out to me twice – no I don't think jhild cares about me, nor do I think you care about me, nor do I expect either of you to do so, thanks anyway.