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


To: Mike_Right who wrote (6407)7/19/1998 6:31:00 AM
From: Michael Bendner  Respond to of 43774
 
You wrote...

>Michael Bendner, with 200K Shares?
>
> Ok,...FIrst
> 60ft Yacht 1-2million
> Life Time Account at Insider Trading... 300 per month 3600 per
> year..with inflation and assuming you are 30 years old and you
> will live to be 100. 70*3600=252,000... with probable
> inflation... A cool million (if you dont work out some kind of
> deal). A New Private Jet... about 2 million add 500,000 for a
> pilot and gas etc.. about 2.5 million depending on your travel
> habits. Now, for a resort with a nice "Lucky's Bar"... Build
> it..5-10million. Run it.. 2-3 million a year for the first 3
> years... 70 years? Lets say it breaks even after the third
> year and no bank or investors.. Just You.. (this is a big ass
> resort just the way you like it with everybody you ever knew
> coming over for a few months every year ;-))
>
> So..
> 60ft Yacht...............1.5million
> Lifetime account.........1 million
> Small Private jet........3 million
> Resort................. 19 million
> ------------------------------------
> Total 24.5 million (Give or take 5 million)
>
> 200,000 shares of PRWT at 122.5 now, somebody else tell me
> how much the company would have to be worth to get that
> price ....
>
> GOOD LUCK.... I wouldnt go signing the papers just yet.

Maybe I'm getting just a little ahead of myself. Looks like the company would need to make several billion $$ in profits for it to reach that price. Ok, I'll settle for a 30ft yacht, and drop the private jet. Give it two or three years... and at the rate this company is growing... :-)

Michael Bendner