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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) - News Only
PABN 0.000010000.0%Oct 31 9:30 AM EST

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To: jhild who wrote (176)1/7/2001 9:21:28 PM
From: John Sladek   of 188
 
panambancorp.com

"Letters From the Desk of John Schmitz..."
January 14, 2000
From the Desk of John Schmitz:

On behalf of all of us at PanAmerican BanCorp, I would like to start off by wishing everyone a healthy and successful New Year.

This is going to be an exciting year for PanAmerican BanCorp and our shareholders. We are well underway in implementing the revised business plan that has resulted from the critical restructuring of our operations.The reengineering of PanAmerican has created a company that can capitalize on the combined talent and resources that have existed throughout the Company. We can now achieve greater cost efficiencies and productivity.

The new business plan includes a strategy that I feel will produce a significant return to our shareholders and enhance the success of all PanAmerican BanCorp ventures. It is our intention to consolidate the financial services and banking portions of our company and spin them off into a new entity. We have contracted with attorneys to prepare a registration statement under regulation SB. Each shareholder of PanAmerican BanCorp will receive shares of the new company as a stock dividend. An investment banking firm has agreed to take the lead in launching this new company. We anticipate NASDAQ listing and a well financed banking and financial services company to emerge. Stay tuned…

By now, you are all aware of ourEvillage.com. This new PanAmerican BanCorp venture represents the synthesis of the previous year's investment in Internet and interactive technology with a marketing strategy that should add a new dimension to the World Wide Web, a synthesis that will bring together local businesses and residents on the Internet. ourEvillage.com is poised to launch several editions and the ourEvillage.com Foundation will announce its first community reinvestment initiatives. We feel ourEvillage.com will prove to be an exciting endeavor.

There will be more from PanAmerican as our Y2K plan unfolds. We have hired a full time Corporate Communications Manager who will be responsible for Investor Relations/Public Relations and all communications. Among other things, you can expect to hear about Insider Trading, Belize, Buenos Aires, the interactive phones, Digibill, Deao.com and several new companies and divisions under development.

panambancorp.com
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