PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Mar 7 3:00 PM EST

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To: ISOMAN who wrote (37666)	6/8/1999 9:17:00 AM
From: jhild	Read Replies (4) of 43774

Franchising is not an easy proposition. The value added that PABN is offering seems quite minimal. I mean really Charlie Vaccarro is only in the Securities business less than 3 years. Susan U and Chris Cox not much longer. They none of them have any apparent franchising experience listed. And with this bit of advice from the FTC, well . . . opening a store front with some computers running software available from other sources and associating with another brokerage firm seems not that daunting a task. Or is the secret going to be that I-T offers Happy Meals and play areas for the kids? Investigating Franchise Offerings Before investing in any franchise system, be sure to get a copy of the franchisor's disclosure document. Sometimes this document is called a Franchise Offering Circular. Under the FTC's Franchise Rule, you must receive the document at least 10 business days before you are asked to sign any contract or pay any money to the franchisor. You should read the entire disclosure document. Make sure you understand all of the provisions. The following outline will help you to understand key provisions of typical disclosure documents. It also will help you ask questions about the disclosures. Get a clarification or answer to your concerns before you invest. Business Background The disclosure document identifies the executives of the franchise system and describes their prior experience. Consider not only their general business background, but their experience in managing a franchise system. Also consider how long they have been with the company. Investing with an inexperienced franchisor may be riskier than investing with an experienced one. ftc.gov

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