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


To: Siber who wrote (24466)1/28/1999 7:03:00 PM
From: ColleenB  Respond to of 43774
 
I hope you didn't miss this part in the NHLT financials....

Loans, Individuals

During the last four years, the Company was advanced money from various individuals for working capital purposes which bear interest
at 8% to 10%.
If the Company is successful in obtaining additional capital, it intends to exchange a majority of these loans for common stock and the remainder of the loans will be repaid. These loans are unsecured and due upon demand.

AMOUNT DUE $ 501,124