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

To: jhild who wrote (28298)	3/10/1999 10:18:00 AM
From: barbara sperino	Read Replies (1) \| Respond to of 43774

I do believe a company can put any length of restriction on a stock that they choose. And its is legal. I believe the SEC ruling has to do with Reg. S shares. which is not what I'm talking about. And I believe the 1yr restriction on Reg S shares has been in effectfor over a year now. It has never been a 2 year restriction on them. In fact there was never any restriction on Reg. S shares up until about a year ago. The ruling you are talking about is a minium amount of time.