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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?

To: hoffy who wrote (12234)	4/21/1999 12:14:00 AM
From: myturn	Respond to of 15987

I spoke to John Schmitz today at PABN. He was heading off to Belize tomorrow. I had not spoken to him in almost 9 months. We had a very nice long conversation. After the conversation, I bought more PABN above .12. I will buy more if it dips. Today, I believe was a classic shake out. John continues to stand by his conviction that everything is proceeding along as he has always said it would. What did we discuss in detail? 1. Total OS on PABN as of today. 825 million shares Total in the float. 324 million shares. The rest of the shares are tightly held. 2. Reverse Split? "As long as John Schmitz is a part of PABN, you will never see a reverse split." "Now, the possibility of reducing shares via a merger is a definite consideration." If I would have hung onto all those shares I picked up a year ago. If, is the key word. Longs always win. GBDI, MDTV