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

To: Dusty Vestal who wrote (10046)	7/31/1998 3:07:00 PM
From: DG Cruise	Respond to of 43774

Does anyone have the trading log for the day? Thanks DG

To: Dusty Vestal who wrote (10046)	7/31/1998 3:14:00 PM
From: xbrent	Read Replies (1) \| Respond to of 43774

John has gained the support of large investors. They, the large investors, have been and are his support in moving the company forward. Without them the share price would not have hit .12 and his company would be going no where. The large shareholders built the market capitalization. Should he reverse himself and severely damage the large shareholders he would cause severe damage to himself and the company. I don't think that you will see him do that. He has one way out, that is to do so well as to grow out of the number of shares problem. I think that it is doable.

To: Dusty Vestal who wrote (10046)	7/31/1998 3:36:00 PM
From: Bram12345	Respond to of 43774

Dusty, what you say is basically true. However, the exceptions to the rule is when a company is moving forward at a fast pace with positive PRs in a timely manner. That is when a company will do good with a RS. The situation here is that PRWT is moving leaps and bounds compared to most of the penny stocks. As the company continues to grow thru mergers, acquisitions, and alliances, as is the case now, a RS would help reduce the float. Most companies that do an RS, do it out of desperation to make the company look good, when in reality the company is in some type of financial trouble. I'm not an expert on the subject, but have read several articles where a RS situation can be positive. John has stated no RS and I believe him. However, down the line after the company has grown, an RS option is one the company could revisit. For the time being, I like things the way they are. PRWT has enough stock to make the future acquisitions, without having to fork over any cash. Enough from me on this subject. Ben