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


To: ISOMAN who wrote (37015)5/24/1999 9:45:00 PM
From: jhild  Read Replies (2) | Respond to of 43774
 
So Isoman, why do you think that PABN is looking for investments on a venture capital thread devoted to new opportunities? I can hear the laughing from here when those venture capitalists see 810 million shares outstanding. See a float of 324 million. EEEEEEEE- HAAAAAAawwwwwww

If their business was spinning off so much cash, why would they feel the need to look for money in this way? Sure is mighty curious.

Couldn't they just apply for a loan at that bank they are getting ready to file for? Ooooops, If they need money to develop this thing where will they get the money to meet the capital requirements for filing for a Bank charter.
Double EEEEEEEEE-HHHAAAAAAAaaaawwwwwwww.