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

To: ROSARIO who wrote (23115)	1/17/1999 12:23:00 PM
From: jhild	Read Replies (1) \| Respond to of 43774

So Rosario, I see from looking at references to All-Tech that they were set to do an IPO last May, to get on the AMEX, but they failed to do it. Looks like they were offering 30% of the company for about $50Million. That values them in their mind at about $170million market cap. ipocentral.com May 22 All-Tech Investment Group, Inc. Proposed Symbol: ATN # of Shares in M:6.25 Value of offering:$50.0 Price Range: $8.00 - $8.00 Expected Date of IPO: TBA Apparently, their effort punked out from lack of interest. Now I guess they have set their sights a little lower if they are looking to merge into a company that only has a $12Million market cap. Or is this going to be a reverse merger where the current company is actually the shell that is being bought?