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


To: Patrick Lauder who wrote (6003)7/16/1998 5:07:00 PM
From: barbara sperino  Respond to of 43774
 
Try Kevin1. He can probably help you.



To: Patrick Lauder who wrote (6003)7/16/1998 6:34:00 PM
From: Currency  Read Replies (1) | Respond to of 43774
 
Patrick,

I posted this a long long time ago. If I recall, there at 165M in the float, and a total of 750M shares. Of that, John has set aside 250M shares for acquisitions, and most of the remaining are restricted. Of the float, 1/3 are in hands of associates and held tight. Of the other 2/3, 3/4 are in long term investors like myself.
So, that leaves approximately 30M shares in the float that are liquid. And at 5 cents, that's only $1.5M of buying power on any given day to dry it up. If you ask me, and I'm sure everyone here can back me up, that's nothing. That's why I have posted time after time after time, the number of shares and the float mean nothing. Heck, AWS/IT alone will generate $20M business a year or more. This doesn't count the mortgages nor the videophones. So, what do you think of that? Now that I have typed it up, I think I'm going to add some more shares and try to make it to the 8 figure club of the number of shares I own and join a few of my other pals. Heck, pretty soon, we'll own all the float and the MMs will have to short a lot more than they already have just to make a trade.

Kevin