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

To: StandFast who wrote (27523)	3/2/1999 11:00:00 AM
From: barbara sperino	Respond to of 43774

JOhn is working on answer more of the questions from last week's meeting. When he is finished they will be posted on the website. Delay in answering them was due to the fact he was out of town on business. Keep eye on the website for updates on the questions.

To: StandFast who wrote (27523)	3/2/1999 11:08:00 AM
From: ColleenB	Read Replies (2) \| Respond to of 43774

I have done research and have found jhild's statement to be quite accurate. In fact, I have battled with jhild, janice and a few other bashers over on EDII over this very same issue. I ended up eating crow. When I first invested in EDII, the AUTHORIZED share count was 46Million.... 6 months later, weeks before the financials finally came out, the company released the information that the AUTHORIZED share count was 110Million. That is greater than a 100% increase. When we (investors) called the company, we were never told the current number of shares the company had. The question was always sidestepped and never answered for months. This was a concern the bashers kept pointing out to the investors as the company was acquiring many businesses, and how was the company paying for these acquisitions? This is a point of concern that PRWT investors should take to heart. I went through the transcript to the interactive shareholders meeting and there were 18 questions posed by different investors to John regarding clarification of the share count.... John addressed this issue only once. His statement that there are currently 820MILLION outstanding shares. Since this, many of the darlings to the company have offered up numerous excuses as to what he really meant to say or what the TA now claims. The only way this confusion will clear up is if John makes a public statement in writing. Do you think this will happen anytime soon?