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


To: Siber who wrote (24453)1/28/1999 4:53:00 PM
From: Big Bamboo  Read Replies (1) | Respond to of 43774
 
I could file my 144's tomorrow. Filing is not placing an order to sell the shares. Restricted shares are shares bought directly from the company at a discount. The SEC allows this as long as you hold on to them for a period of time, usually 12 months. The filing and the notice is required by the SEC so the public knows if insiders are buying selling or converting.