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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) Info and Positive Thoughts Only -- Ignore unavailable to you. Want to Upgrade?

To: jdcpa who wrote (788)	1/12/1999 1:11:00 PM
From: Jon Matz	Read Replies (1) \| Respond to of 1129

Do you mean a reverse merger into a company that already has a listing?

To: jdcpa who wrote (788)	1/12/1999 1:14:00 PM
From: jhild	Read Replies (1) \| Respond to of 1129

Except what you fail to mention is that the exchange rate would be many to one. That is not such a positive thing to do. Figure this many to one number could be any where from a minimum of 10:1, but if you are talking exchange status, then you must be talking several hundred to one to normalize value with any already trading company. This is why I have called it a de facto reverse split. Because at the end of the transaction you will have many fewer shares of the new entity would you not?