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


To: Harry Sharp who wrote (39523)7/11/1999 8:08:00 PM
From: PCModem  Respond to of 43774
 
Hi Harry, EXCELLENT QUESTIONS!!!

1. A private placement is private, and it is not public. That's what makes it legal -- it cannot be public. If it was public it would be an IPO or a Secondary Offering. This management has not done any other private placements. You (and anyone else reading this) are free to call the company and ask if there are any PPM (Private Placement Memorandum) shares still available. They may still have some, or they may have closed the PPM.

The company has had only two names. Pacific Capital is the name of the company that used to have the symbol PABN (see links below for detailed explanation of the new name and new symbol). The 52 week high of .62 is incorrect, and is another "error" related to the change in symbols from PRWT to PABN last March. The charts on the link I provide show the real highs and lows for the stock.

The strange volumes on April 13, 14 and 19 are because the actual volume set RECORDS for how high it was...so high it over loaded the computerized systems, which could not handle anything over 99 million shares -- volumes for those days were in the 120 million share range as I recall, I think the highest was 127 million shares traded.

Here is everything you wanted to know about the company but were not afraid to ask: (grin)

COMPANY INFO AND LINKS

To the newbies: welcome to the thread!

Company name: PanAmerican BanCorp (used to be called Purewater Sciences old Symbol: PRWT)
Symbol: PABN (which used to be the symbol of another company but is now our symbol)
Authorized: 1.1 billion
Outstanding: 820 Million (approx) See web site and call Transfer Agent for exact figures)
Float: 300 million (approx)

Transfer Agent: Central Stock Transfer Inc. 1-212-509-4000

This company is a holding company. Each of the subsidiaries (see below) is being operated by the same people who ran the company before it was acquired by PABN (then PRWT). Thus the people who know each individual industry and business and company are still running it.

Here are some links to info about the company. Check out the company web page for info and news:

panambancorp.com

Other sites operated by the company and its subsidiaries:

208.196.138.247 Insider-Trading [wholly owned subsidiary]
peopleshealth.com [this is a joint venture with THRM]
affordablehousinggroup.com [wholly owned subsidiary]
deao.com [wholly owned subsidiary]
webwyz.com [wholly owned subsidiary]
panamigroup.net [wholly owned subsidiary]
healthwyz.com [licensing agreement to market product in N & S America]

and don't forget the investor web sites:

geocities.com
geocities.com
angelfire.com [pics taken by a fellow shareholder]
cyberinks.com [see the pics of the long term longs]

hope this helps!

PCM

GO PABN!!!