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

To: ColleenB who wrote (24276)	1/26/1999 12:51:00 PM
From: ROSARIO	Respond to of 43774

BASED UPON MY DD AND SOURCES, all we have here is a SHELL COMPANY with 3/4 of a BILLION AUTHORIZED shares, probably more, that refuses to release financials and has tanked 90% in less than 6 months. Now, if this is not a SCAM, please tell me what is? THOUGHTS? PS: I CALLED PAN AM, THEY DO NOT HAVE AN INVESTOR RELATIONS PERSON AT PRESENT SO I LEFT A MESSAGE FOR CITIZEN CARL. THIS IS THE WEEK HE SAID THAT I WOULD BE DEAD BY. WISH ME LUCK. STILL HAVENT BEEN SERVED A SUMMONS AS YET !

To: ColleenB who wrote (24276)	1/26/1999 1:46:00 PM
From: alan hardy	Read Replies (1) \| Respond to of 43774

Well, from the way I saw it, AFG is more of a distributer for the units, which would have only been fluff for PanAm. I think the real intention was to go after the Gov. backed loans that were promised to PanAm before the elections. At this point, I only see a salvage operation in attempt to get atleast SOMETHING from there presense there now. Who knows, maybe something profitable may happen for PanAM yet 'cuz of the hurricane disaster, but they are a far cry from the first reported deal.