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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Mar 7 3:00 PM EST

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To: ColleenB who wrote (38888)6/27/1999 6:27:00 PM
From: ColleenB  Read Replies (1) of 43774
 
I also find it peculiar that if the company was conducting business with 84Lumber starting in January as was told to this poster...(note also that she was told it was RMC who actually had the arrangement with 84Lumber)

The company doing the financing is called 84 Mortgage and is owned and operated by RMC or Realty Money Center. They have been in operation now for about 2 months with huge success.
ragingbull.com;

However, when asked in February about 84Lumber's involvement with PABN, John responded ...

*Racerx* Can you confirm our relationship with 84Lumber?

[John]: I'm sorry, we don't respond to rumors.
#reply-8179596

and we see in the Form D the company submitted to the SEC...

These figures represent actual results from the 84 Lumber contract for the first month(rounded off for clarity) and projected out for the year. We closed 200 loans from the first 90 of 437 offices of 84 Lumber. We will continue to service additional offices until we reach them all. The revenue amount equals 1.5% of the gross dollar amount of the loans.
geocities.com

That sure is some rumor!!!
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