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


To: ColleenB who wrote (40684)8/26/1999 10:41:00 AM
From: jhild  Read Replies (2) | Respond to of 43774
 
I believe you have erred.....

Yes, I did. Sorry for any confusion it may have caused you. And thank you for correcting that. I have had that calendar based fiscal year in mind ever since John Schmitz confirmed that back in February.

Though it still begs the issue of just what accounting practice they are taking advantage of to change their fiscal year to February 1 from the usual January 1 start that most companies observe. Was it that the revenues to I-T were so transparently pitiful in December that they wanted to bury it? Or does it have to do with something about the RMC deal or the reverse merger for PABN/PRWT itself? One has to wonder just what the reason is.

One thing is for sure there is a reason. We seem to be on track to see more Disclosure PABN/PRWT style.