(BSNS WIRE) PanAmerican BanCorp Announces Symbol and CUSIP Change
PanAmerican BanCorp Announces Symbol and CUSIP Change
Business Editors
HAUPPAUGE, NY--(BUSINESS WIRE)--March 10, 1999--PanAmerican
BanCorp announces that it has been assigned the new equity symbol
"PABN" and commenced trading on the Over The Counter Bulletin Board on
March 8, 1999. The company is in the process of completing the
transition from the previous symbol, PRWT, to PABN by notifying
financial professionals, industry professionals and investors as
rapidly as possible. In conjunction with the symbol change, a new
CUSIP has been implemented: 69829X-10-1.
"We want all PRWT shareholders to know that there will be a
one-for-one exchange of PRWT for PABN," said John Schmitz, President,
PanAmerican BanCorp. "One share of PRWT equals one share of new PABN."
PanAmerican BanCorp's previous symbol, PRWT, belonged to
Purewater Sciences International, Inc., and was used by PanAmerican
since the acquisition last year. The PABN symbol was previously
assigned to a West Coast corporation, which subsequently underwent its
own merger and now trades under a new symbol.
Financial professionals, current stockholders, prospective
investors and other interested parties are encouraged to use PABN:BB
(BSNS WIRE) PanAmerican BanCorp Announces Symbol and CUSIP Change
PanAmerican BanCorp Announces Symbol and CUSIP Change
Business Editors
HAUPPAUGE, NY--(BUSINESS WIRE)--March 10, 1999--PanAmerican
BanCorp announces that it has been assigned the new equity symbol
"PABN" and commenced trading on the Over The Counter Bulletin Board on
March 8, 1999. The company is in the process of completing the
transition from the previous symbol, PRWT, to PABN by notifying
financial professionals, industry professionals and investors as
rapidly as possible. In conjunction with the symbol change, a new
CUSIP has been implemented: 69829X-10-1.
"We want all PRWT shareholders to know that there will be a
one-for-one exchange of PRWT for PABN," said John Schmitz, President,
PanAmerican BanCorp. "One share of PRWT equals one share of new PABN."
PanAmerican BanCorp's previous symbol, PRWT, belonged to
Purewater Sciences International, Inc., and was used by PanAmerican
since the acquisition last year. The PABN symbol was previously
assigned to a West Coast corporation, which subsequently underwent its
own merger and now trades under a new symbol.
Financial professionals, current stockholders, prospective
investors and other interested parties are encouraged to use PABN:BB
in order to retrieve accurate updated quotations on PanAmerican
BanCorp. Management intends to complete the transition from its former
symbol to PABN as soon as possible.
Except for historical information, the matters discussed in this
news release may be considered "Forward-looking" statements, within
the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
Such statements include declarations regarding the intent, belief or
current expectations of the Company and its management. Prospective
investors are cautioned that any such forward-looking statements are
not guarantees of future performances and involve a number of risks
and uncertainties that could materially affect results.
--30--emb/ny*
CONTACT: PanAmerican BanCorp
Public Relations
(516) 232-2221
KEYWORD: NEW YORK
INDUSTRY KEYWORD: BANKING
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