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


To: Silver Fox who wrote (30829)4/4/1999 1:16:00 AM
From: Russ Howard  Read Replies (1) | Respond to of 43774
 
If I can throw 2 cents in here...I read this as a failed piece of corporate wishful thinking. Everyone involved knew this wasn't a completely done deal, yet the release was made before all the "glue" had set. The announcement of "wholly owned subsidiary" was full of positive "forward-looking" thoughts....made to quickly bolster a young company with minimal assets, dragging along a huge number of shares.

Now, John must find some other ways to turn PABN into a 5.5 billion dollar company in order to achieve NASDAQ listing...