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

To: J T who wrote (41644)	10/12/1999 2:08:00 PM
From: jhild	Read Replies (1) \| Respond to of 43774

That is really interesting to think that PABN could get as much as $2M for I-T and Teachdaq. A good thing is that it also saves them the embarrassment of filing that Universal Franchise Offering Circular with all those states doesn't it? But darn I bet they will still have to explain these transactions in their filings with the SEC won't they. (BTW, notice that EDIIE has filed and now refiled and still remains with the E because their disclosures were apparently inadequate? I reckon that SEC hurdle will be a big one for PanAm with all the transactions that have been closed and unwound.) So, . . .at current prices the market cap is around $24M. If the I-T/Teachdaq combo is worth $2M, then where is the remaining $22M in value? Would it be in that intention to file for a thrift? And will you look at that, it still isn't filed. Or is there going to be an announcement that they have an intention to buy back some of their shares? If this just isn't the "intendingest" company I've ever seen. Financials, thrifts, franchises. Now maybe even an intention for a share buy-back. Hooboy. Or is that worth a double hooboy?