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


To: ColleenB who wrote (20568)12/13/1998 11:37:00 AM
From: jdcpa  Read Replies (4) | Respond to of 43774
 
Mary Feder, Vice President of Investor Relations, had told me that
PanAmerican Bancorp will be releasing financial information soon
including the source of funds. She did mention that Realty
Money Center has had a significant cash flow that has been used.

Factor into this discussion the fact that John Schmitz has told
me at least twice that the company has no debt. It would stand
to reason that insiders have contributed a substantial amount of
cash in exchange for restricted shares of stock, wouldn't it?
I had heard that previously also.