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


To: DG Cruise who wrote (4847)7/8/1998 10:17:00 AM
From: Doc Horror  Read Replies (2) | Respond to of 43774
 
According to the CEO, there will not be one for the forseeable future. They are using the shares for acquisitions and he says "it's not part of the picture" ... that's all I can tell you. Straight from the CEO



To: DG Cruise who wrote (4847)7/8/1998 10:18:00 AM
From: xbrent  Read Replies (1) | Respond to of 43774
 
If you read the posts you will find that the float issue has been addressed. Kevin has made many informative posts. The company has indicated that it is not interested in a reverse. I think that a buy back is probable. They will start accumulating some pretty significant cash by years end. If the price of the shares remains attractive they could buy back a whole lot.