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

To: ColleenB who wrote (29320)	3/18/1999 2:25:00 PM
From: ColleenB	Read Replies (2) \| Respond to of 43774

HOW ABOUT THIS FOR A PLAN 1.) PanAm gets the money from the bank or other sources 2.) PanAm is issued Convertible Preferred debentures on NHLT stock 3.) PanAm also markets POWERx and shares in profits 4.) NHLT kicks off there marketing, starts turning huge profits 5.) NHLT stock price climbs and NHLT goes back onto the NASDAQ 6.) PanAm converts the debentures to NHLT shares and makes millions 7.) PanAm stock in the process climbs because of the profits 8.) Both companies merge a couple of years down the road? #reply-7186302

To: ColleenB who wrote (29320)	3/18/1999 6:52:00 PM
From: ERRAFF	Read Replies (1) \| Respond to of 43774

>>A question, I might be way off base but..... what if the reason PABN created this Thrift was for the purpose of "finding" the $6Million dollar loan it pledged to make to the failing company NHLT? In order to do that, they would have to have $240K in assets according to the 4% thrift clause. And at 2cents a share, the company could sell off 12Million shares and raise the capital necessary. We have been watching dumping of massive amounts of shares since December. So it's possible that the company could have easily dumped this many or more.<< An just for arguments sake, lets say they did. This would be a bad thing?