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

To: ColleenB who wrote (24447)	1/28/1999 4:08:00 PM
From: ROSARIO	Respond to of 43774

--EXCELLENT POINTS, and cause for more concerns. My guess is that this PRWT shell is a well orchestrated scam! PS: WHY WONT OUR BOY JOHNNY COME OUT AND ADDRESS THE INVESTORS?? USING CITIZEN CARL AS A MOUTH PIECE VIA E-MAIL, CHAT LINES, PHONE CONVERSATIONS, IS VERY TREACHEROUS AND SICK.

To: ColleenB who wrote (24447)	1/28/1999 4:38:00 PM
From: Big Bamboo	Read Replies (3) \| Respond to of 43774

ColleenB, Many of the filings were for 144 registration. This does not mean that they are selling the shares. I for instance hold 144's (restricted shares) on NHLT stock. If I sign them and send them to the transfer agent, I would show-up under inside trading. Once you file the 144's with the SEC they will show up regardless. Restricted shares have to go through the transfer agent so they can turn them into (real) shares. I can confirm that the CEO and CFO have sold some of there restricted shares, but the CEO has not (dumped) anywhere near 3/4 million shares. They agreed to do this at times instead of taking salaries. You also mentioned someone has filed 144's just last week. I know this person and he has approx 700,000 shares of NHLT. He has also been buying shares in another company that has a relationship with NHLT. He has sold some of his 144's to raise cash for buying stock in this other company. He simply wants to play both sides. Registration of 144's is just one of those technicalities that a filing company needs to abide by.