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

To: David Sirk who wrote (27077)	2/24/1999 11:08:00 PM
From: ISOMAN	Read Replies (2) \| Respond to of 43774

And I am going to say this one more time. The float is irreleavant, What is relevant is if the company is making money. If you want to brow beat. Go brow beat the company on that. Look at MPTV Here is a company that is in Ch 11. Their sole claim to fame is a resort in Vegas called Lake Tropicana. The resort needs refurbishing. They have until march 11th, to get the financing they need. There are 450 million shares in that float. And this month it traded as high as 1.4 cents. So again Sirk explain why the float should boher a long. Because they have 12 different ways to possibly become profitable? Newbies!

To: David Sirk who wrote (27077)	2/24/1999 11:12:00 PM
From: JCNelson	Read Replies (3) \| Respond to of 43774

David I do not post a lot but I want to put in my 2 cents here. I was on the CC today with everyone else and I took it that when John said the authorized was 820m that he was refering to the new company (PanAmerican Bancorp) not PRWT. If that is the case here the only difference is going to be a larger authorized when they switch a 1 for 1 stock switch. Of course this is JMO and the way I heard it.See the CC was for the new company not the old prwt..There again JMO.. JCNelson