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

To: Russ Howard who wrote (21045)	12/22/1998 11:00:00 PM
From: jhild	Read Replies (1) \| Respond to of 43774

Well as we know filing is the biggest thing that they do poorly - to a fault it seems. Why look at MTEI, before that it was ICVI, before that it was RICI, before that it was LUMA, before that it was SUMA and before that it was another a company called Solid Gold. Not once were audited financials ever filed. And what do we have being alluded to with this lurch into healthcare billing and healthcare products? Why we have swirling about the possibility that PRWT may yet merge with another company and there will maybe be a name change. No need to do a reverse split then, why all you have to do is just fold it into an entity with fewer shares. Of course the beauty of it all is that the cycle, like on MTEI can be repeated - all without ever having to file financials. So indeed if I ever came to the public markets with a company you could depend on me to file on a timely basis, whether I had to or not. Because no matter what the condition of the company, there is no real point to not filing, unless there is something that needs hiding. No company needs the lack of public confidence that this precipitates. I think you are likely to see another merger, name change, etc. long before the auditors will get a crack at filing any statements with the SEC on PRWT. But hey, with John and Merv and Gus and Charlie who knows?