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


To: jhild who wrote (40386)8/13/1999 3:11:00 PM
From: Roger Bodine  Read Replies (1) | Respond to of 43774
 
It doesn't look like Rosie to me but if it was, I would put no value on his post. No sage work here.

It may hit .025 to .03 if they do not communicate some reasonable financials soon. Whether good or bad, PABN should show their numbers story. Everyone agrees on this.



To: jhild who wrote (40386)8/13/1999 3:26:00 PM
From: CSage  Read Replies (1) | Respond to of 43774
 
II called the transfer agent. That number is correct.
CSage



To: jhild who wrote (40386)8/13/1999 11:57:00 PM
From: J T  Read Replies (1) | Respond to of 43774
 
Hey j.

I see that this poster just signed up today.

Convenient wouldn't you say?

On a friday so there is the whole weekend for people to think and give you time to expound on it.

"he has generally called the turns in this stock."

LOL j.

I like the comedy!

Good touch!

Have a great weekend.



To: jhild who wrote (40386)8/15/1999 7:56:00 PM
From: ColleenB  Read Replies (1) | Respond to of 43774
 
PABN UPDATE:OUTSTANDING SHARES 1,021,783,365

Seems that this number was reported SEVERAL weeks ago (and mistakenly as the authorized share count)......but after the usual arm waving there was never any follow through to properly discount this figure, yet it was forgotten.

The number you quote as being authorized, "1,018,000,000" is a bit odd for an "authorized" number. Looks more like a number for the "issued" shares, which is a different thing entirely, but one which many confuse with "authorized."

The two most recently quoted numbers for "authorized" have been 1,100,000,000 and 1,750,000,000. As of today, according to the Company's FAQ at panambancorp.com

"Distribution of shares
There are approximately 820 million shares outstanding of which almost 300 million are in the public float. The balance is closely held. The total number of shares authorized is 1.1 billion."

The company is still reporting 1.1 billion. And we all know the 1.75 billion figure comes from the Form D and PPM. Now the TA is saying 1.018 billion. IMHO someone along the way has either misunderstood something or is misinformed. It is too late today to make the necessary phone calls. Maybe tomorrow.
#reply-10698798

funny, I never saw any post from PCM where he claimed to have called the TA and clear up this misunderstanding regarding the ballooning share count. I wonder why this is......