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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: PCModem who wrote (38968)6/28/1999 12:15:00 PM
From: jhild  Read Replies (1) of 43774
 
Well there you go again PCM. You really are a Minister of Misinformation.

This document, when approved, qualifies a company to offer franchises in 34 states.

Since you don't really seem to understand this franchise process, you better start burning the midnight oil to catch up here. The UFOC is not a document that is "approved" by the various states that require the filing of such information. It is a registration process. And as such the UFOC is merely filed.

As it now stands there are only about 18 states that currently require Franchise Registration. Other states have what are called Business Opportunity statutes. But none of the states has a review process that "qualifies" the UFOC as you suggest save for taking a filing fee and registering the franchise operation in the state.

So where are we today in the 50 state registration process for I-T brokerages started back in March, but alleged to have been in the works back in September? Well today we still stand at the anemic total of 23 states, with only one added since August. (Indiana was added 6/11/99. That's the only addition in 10 months.)

I see your reluctance to share is founded more likely on your fear of being exposed for not knowing as much as you like to pretend.
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