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

To: Buster who wrote (8113)7/24/1998 11:32:00 AM
From: craigt  Respond to of 43774
 
Yep, just called and confirmed. 609,224,642 outstanding. However, he didn't sound completely positive about this number; said he'll call me back if incorrect.

craigt



To: Buster who wrote (8113)7/24/1998 11:35:00 AM
From: Jim B  Read Replies (2) | Respond to of 43774
 
thankyou very much..

jim



To: Buster who wrote (8113)7/24/1998 12:37:00 PM
From: Gordon Gekko  Read Replies (2) | Respond to of 43774
 
Shares Outstanding

Remember that 210M of that 610M is treasury stock. Treasury stock is not considered part of the float, not part of the outstanding shares and not used in earnings per share calculations. It is treated as an asset on the balance sheet. So this means that in reality 400M shares are outstanding. However, PRWT can sell those treasury shares at any time. They will probably use them for acquisitions.


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