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

To: ROSARIO who wrote (24464)	1/28/1999 6:54:00 PM
From: ColleenB	Read Replies (1) \| Respond to of 43774

Here's some interesting information that I pulled from NHLT's (unaudited) financials that I found real interesting... At September 30, 1998, the Company had net operating loss carryforwards of approximately $10,900,000 that may be offset against future taxable income through 2013. No tax benefit has been reported in the financial statements, because the carryforwards are offset by a valuation allowance of the same amount. edgar-online.com I wonder what wondrous things this company has up it's sleeve to be in $11 MILLION dollars worth of debt........a little hocus pocus?