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

To: jhild who wrote (37113)	5/26/1999 10:54:00 AM
From: Howard C.	Respond to of 43774

Ever hear of having company-owned facilities plus franchising as part of an expansion program?

To: jhild who wrote (37113)	5/26/1999 12:16:00 PM
From: PCModem	Read Replies (1) \| Respond to of 43774

"Franchising, if they are pursuing it, I thought was a way of bootstrapping the growth of a company by getting others to risk their capital. Doesn't sound like they have plenty of capital behind them." I suppose your thinking in this regard is based on companies that have franchising as a main part of their business plan? Mcdonalds, Denny's, H&R Block, etc. etc. They all must be cash poor and bootstrapping their growth by using other people's capital. Not to mention the fact that virtually every successful corporation borrows money for capital expansion. Or you really don't think that at all, and you are just harassing us because you don't have anything legitimate to criticize concerning this company. I seem to recall that misleading is included in the definition of telling a lie. PCM GO PABN!!!