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

To: Lucky Charm who wrote (22200)	1/6/1999 8:36:00 AM
From: StandFast	Respond to of 43774

"...expansion financing will be utilized to service about $125 million in current contracts for its POWERx Medical Benefits Network ". OUTSTANDING!!!!

To: Lucky Charm who wrote (22200)	1/6/1999 9:04:00 AM
From: jhild	Read Replies (4) \| Respond to of 43774

National Health and Safety Corporation (OTC Bulletin Board: NHLT) announced today that it has entered into final stages of negotiations with PanAmerican BanCorp (OTC Bulletin Board: PRWT) of New York to provide up to $6 million in expansion financing. Do you suppose that it their way of saying that they are almost pregnant? That is a pretty thin excuse for a press release and not at all understandable as to whether or not any money is passing between the two companies or in which direction for that matter. PRWT is the one sitting around with a $13 million market cap, getting ready to provide what $6 million and this is to a company that is handling what $125 million in existing contracts and expecting $100 million more a year in revenue for their scanner? This is the very same company that someone is speculating that PRWT is going to merge with into a new entity where the split in shares would be 70% PRWT and 30% NHLT. Things would be a lot clearer if the financials were released. But then I guess that's why all of this information is being kept from the public. It is, of course, for the current shareholders best interests to do so, I must keep reminding myself.

To: Lucky Charm who wrote (22200)	1/6/1999 9:17:00 AM
From: Justin V	Respond to of 43774

Sounds great! Glad to see something going on to explain the old PRWT rollercoaster. :) But I do enjoy how the run up occurs BEFORE news is released. Same thing happened to DEC stock in the Wed thru Fri prior to the Compaq acquisition announce Monday last year. Where can I get some DD like that?!?!? <grin> Justinv (Long PRWT since June and buying more below .02)