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

To: Sonny Birbarro who wrote (35883)	5/13/1999 9:55:00 PM
From: jhild	Read Replies (2) \| Respond to of 43774

Well Sonny, it is not all irrelevant about the 50 state claim. This is not a minor misstatement. Your good friends Barbara and Kristi have reported that multiple sources at PABN/PRWT have made this claim. By all appearances though, this claim is false. Now I tend to agree with you that 24 (well, 22 actually) states probably have the lion's share of the business and maybe you are right that this is no big deal. And you might say that erasing say 18 minutes of a tape recording is also no big deal. Like who cares, right? (So Nixon thought.) But alas, it becomes a big deal when it turns out to be intentional misstatements. Because you see at this point, it is no longer just an honest mistake, it is an intentional lie given for reasons of making a profit. These statements are reported as coming from several sources at the company which leads me to one of two conclusions - namely that Kristi and Barbara are flat out lying here, which (regardless of how coarse their manner) I tend to believe they are not liars, or (the more likely to me choice) that the company is lying. But I do not believe the claim that they are honest misstatements or misunderstandings. If they will lie about something like this, then they might lie in their press releases, for instance. (6000 homes to be built in Belize. Mergers being completed when they are in fact not. You know things like that.) Now for a company that is not reporting, this can have a chilling effect on their credibility. As you know credibility is so important in today's world.