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


To: Janice Shell who wrote (4515)7/6/1998 7:37:00 PM
From: BONGIZMO  Read Replies (1) | Respond to of 43774
 
I'd like to respond to this by simply stating that we had all of these shares with a worthless shell. The question initially has nothing to do with the number of shares out since we are dealing with a penny stock. We have to deal with the shares, they exist, but nobody should be trying to base this company on PE, market cap. etc. at this point. The stock is moving based on the fact that a worthless shell has now taken the form of an actual living entity. Many of you continue to forget this is not IBM or MSFT, it is a low priced, highly speculative security that trades at less than the price of a gumball. We can only hope that this company develops in such a way that the shares out do become an issue because it's holding down our EPS or balooning our market cap but at this point the question is not about those fundamentals it is whether we really do have the makings of a real deal.



To: Janice Shell who wrote (4515)7/6/1998 8:05:00 PM
From: xbrent  Read Replies (2) | Respond to of 43774
 
Regarding shares outstanding. If one invests $10,000 and has a 10% return that is a good investment according to most people. If you own a thousand shares or 10,000 with your $10,000 as long as your return is good does it really matter how many shares you own to get there?
Also PRWT is a profitable operating company with excellent potential. If they capture a large market share of mortgage business in Latin America alone that would propel the stock price nicely. Furthermore, if their new US mortgage plan works that would be even more impressive. Alot of mortgages are written in the US. I am more confident with sucess in Latin America right now. The margins are so good I assume that competition will heat up for them. The U.S. mortgage operations are yet to be proven. PRWT is late to market with electronic trading. They will have to find a unique nitch. If they are able to offer streaming tick by tick, stock by stock, real time data along with the electronic brokerage they may have something. Last time I looked my data bill was over $200 per month and I have spent $6,000 in brokerage fees year to date. Looks like some people are making a nice profit from me it might as well be PRWT if they can do it for less. I hold considerable number of shares in PRWT because I think that they have the Latin American market share in mortgages and I am waiting to see how the U. S. mortgage business and the elctronic trading play out. Meanwhile @ .06 PRWT is a legitimate profitable operating company. How many other BB stocks below .20 can say that?



To: Janice Shell who wrote (4515)7/6/1998 10:39:00 PM
From: findstock  Read Replies (1) | Respond to of 43774
 
Yes I do have something to say....you are a basher and a naysayer just like in the EDII thread....get my drift..



To: Janice Shell who wrote (4515)7/6/1998 11:21:00 PM
From: LegalBeast  Respond to of 43774
 
<<<<< Nobody really sees this as a problem??? >>>>>

Nope, certainly not ...



To: Janice Shell who wrote (4515)7/6/1998 11:29:00 PM
From: Zakattack  Read Replies (1) | Respond to of 43774
 
PRWT... Better get some... And quick!

Z



To: Janice Shell who wrote (4515)7/6/1998 11:51:00 PM
From: Doc Horror  Respond to of 43774
 
I think this is a more accurate description...

Currently the Company has 750,000,000 million shares authorized.
Approximately 78.4% of these shares are restricted, including 210,000,000 for acquisitions. There are 162,000,000 shares in the float.



To: Janice Shell who wrote (4515)7/7/1998 12:24:00 AM
From: okwute  Respond to of 43774
 
Nobody does.



To: Janice Shell who wrote (4515)7/7/1998 8:25:00 AM
From: Currency  Respond to of 43774
 
Nope.