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


To: Siber who wrote (29321)3/18/1999 4:47:00 PM
From: jhild  Read Replies (1) | Respond to of 43774
 
Well with so many shares outstanding and all this talk of being listed somewhere and no discernable book value for this company, one way to meet share price requirements at least is to do a reverse split. The asset requirements seems a stiffer test for them to meet at this point. So no I don't think a reverse is out of the question at all. As the price drops further, it becomes an even greater possibility in fact.

If you don't like it, well tough. Go take another one of your chill pills. Take the matter up with John Schmitz. Have him tell you how he is going to meet the asset and share price thresholds. Or is this just one of his apple shining exercises where he hints at something without making any definitive commitment?