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

To: jhild who wrote (20650)	12/14/1998 10:09:00 AM
From: ColleenB	Respond to of 43774

Now the beauty of shorting off shore through another entity is that you don't report until you actually sell the shares. So you the holder just sit through the restriction period and then file to sell when the time is up. sorry folks but I want to make sure I completely understand this (no implications toward PRWT.... want to broaden my understanding).... I noticed you used the word entity... a phoney alias possibly is what I read... and the rest I understand ... but my question was, that if somebody sold their restricted shares at a discount to another.. they're still restricted and can be shorted without fear... BUT does that person who sold the restricted shares have to declare this or not until the shares actually come off of restriction... in other words, are these shares issued in a name? Another possibility not yet considered is that a major shareholder may be selling to clear his/their name from the books for when the company actually does file with the SEC. to sever ties..... interesting and sneeky.... but then we have to wonder how this person got so many shares....and if they were ever restricted