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

To: Jgilbert who wrote (24325)	1/27/1999 9:48:00 AM
From: jhild	Respond to of 43774

In all of this I think it is very important to separate Realty Money Centers from Realty Mortgage Corp. Realty Money Centers is a new venture and this is the venture being acquired for stock. How much stock and what assets are being acquired and what real ongoing business has never been discussed. But there always seems to be this misdirection of saying look at what Realty Mortgage did last year - 800M. Well I'm from Missouri on that figure. There has never been any real accounting of any of this. I am frankly quite suspicious of the numbers, because the market cap of this company is about $12M to $13M and they are supposedly going to buy a company grossing $35M in revenues with mostly their stock? And have plenty of stock left over for their Health deals, their funding of the development of IT, their Affordable Housing initiatives, with steam to spare to float a rumor of talking merger with a Costa Rican Bank. Yipppeee kyyyyy eeeee. Spinning gold from straw. Rumplestiltskin seems to have nothing on these boys.