Part II - More Meet the Management 7/20/99
[14:15] [GUIDO]: will online trading be agressively persued?
Yes, online trading will be aggressively pursued.
[14:16] [GUIDO]: so gold coast is what to PABN?please clarify!
[14:17] [Charles_Vaccaro]: Gold Country- Not Gold Coast- is the broker dealer through which Insider Trading's customers trades are transacted.
[14:19] [GUIDO]: do any inside entities have ties to gold country?
No.
[14:21] [GUIDO]: who is your legal counsel regarding DEALS??
We have a number of legal counsels specializing in different areas of expertise.
[14:23] [GUIDO]: Do you have any VC interest?
[14:34] [Charles_Vaccaro]: Not at this time, however we have not been looking for VC.
[14:25] [GUIDO]: have you had any buyout offers?
We do not comment on such issues.
[14:27] [GUIDO]: How about the south american market?
We are considering all markets at this time.
[14:31] [GUIDO]: AZ?
Registration in Arizona is currently pending and expected to be approved and completed in the next 30 days.
[14:37] [GUIDO]: statement YES why not target them big time?
We will when timing is right. We are currently doing a market analysis to determine which geographical location best fits our demographic criteria for expanding Insider Trading offices. As for franchises, we will be attending specific trade shows are part of our marketing plan to promote Insider Trading franchises.
[14:00] [HevyTrader]: how much percentage wise of IT do you have up and running right now
Insider Trading day trading offices are 100% up and running right now. Online remote trading via the Internet is in a beta launch.
[14:02] [HevyTrader]: When IT is up 100% we should see a big jump in earning potential from pabn, correct?
We would certainly think so.
[14:07] [HevyTrader]: When will IT be up and running and please explain the fees that IT will get from providing the service
Insider Trading's day trading offices are up and running. However, we do not wish to provide information about "the fees IT will get from providing the services" as we do not want to give our competitors any information of this nature.
[14:14] [HevyTrader]: where is the next area you will be advertising IT?
The next market in which we will advertise Insider Trading has yet to be determined.
[14:17] [HevyTrader]: how many clients do you have now and how much do you see that number growing in the next year
[14:24] [Charles_Vaccaro]: We do not want to answer this question- we don't want to give our competitors any information about our services.
[14:27] [HevyTrader]: and how will IT continued to be marketed, through Television advertisment, Magazines?
[14:39] [Charles_Vaccaro]: Marketing will focus on free seminars, and open houses with an ad campaign implemented approx. 2 weeks prior to the event.
[14:06] [ironman]: will online trading be enhanced????
[14:23] [Charles_Vaccaro]: We are fully functional with online trading- and it will be enhanced as technology allows us.
[14:34] [JCNelson]: how soon will IT be in Wyoming..
[14:44] [BillB]: see the IT website for states approved
ADDENDUM: As of 7/13, Gold Country Securities is licensed in Wymoing.
[14:07] [jrmagco]: Why is the company being so evasive and not answering questions
We are answering all questions that are germane to this forum and that not disclose proprietary or confidential information.
[14:10] [jrmagco]: How many seats are sold ?
Insider Trading does not sell seats.
[14:19] [jrmagco]: So ii.t. has to split profits w/Gold country?
There is no split- Gold Country Securities is the broker dealer through which IT customers transact their trades.
[14:28] [jrmagco]: How many peole using I.T. on average every day?
Both the Garden City, NY and the Boca Raton, FL offices average 20 traders per day.
[14:29] [jrmagco]: What profit margin are you operating under?
I'm sorry, we can't answer this question. By informing our competitors of our profit margin, we would be aiding them in their marketing techniques, to the detriment of Insider Trading.
[14:31] [jrmagco]: What is the split with Gold Country?
[14:41] [Charles_Vaccaro]: There is no split- Gold Country Securities is the broker dealer through which IT customers transact their trades
[14:37] [jrmagco]: So I am to understand that questions refering to the split with Gold Country is one that wont be answered?
Please see the answer to the above question.
[14:45] [jrmagco]: Being conservative, (1-10) Where do you put I.T. in growth in revenues and over all benefit to stock holders both short term and long term?
This is a question you will have to ask Ken Christian in the next Meet the Management online meeting, to be held August 24.
[14:30] [kjam]: Who is your chief competition?
We are competing with other firms that specialize in active day trading, of which there are too many to be specific in overall day trading market.
[14:02] [l888l]: where do you see I.T.in 6 months
In 6 months, we hope to have claimed significantly greater market share via company owned and franchised locations.
[14:09] [l888l]: what is the status of internet version?
A beta release of Insider Trading's online remote day trading via the Internet is currently available. Interested parties can sign up for this on the Insider Trading web site.
[14:20] [l888l]: will you seek a professional P.R. firm like IBchannel.com to launch a national campaign?
We are currently looking at all options that best suit the company goals.
[14:10] [Life2Short]: when are PABN's "financials" going to be released? I am not referring to the proforma that was already released
[14:19] [BillB]: Once again questions about financials will be answered in the next mtg
[14:44] [Life2Short]: PABN has the most loyal group of investors I have ever seen ( I am one of them) Will there be any follow-up to the timliness of "audited financials" question prior to the next meeting? I think this effects how people perceive IT and all of the other PABN divisions Thank you for your support. Information about company financials will be released as it becomes available, and specific questions can be addressed in the next meeting with Ken Christian on August 24. Regretfully, we can not be more specific than that.
[14:13] [marcos114]: Which states have IT been licensed in? Is Washington State ready to go?
[14:27] [BillB]: check the IT website
[14:27] [BillB]: wash is approved
[14:16] [PCModem]: Is there any synergy between the plans for I-T and for DEAO?
[14:31] [BillB]: DEAO will be a vehicle for the marketing of ALL Panamerican products and services
[14:39] [PCModem]: What is the current size of the Day-Trading Industry, and what kind of growth do you see over the next 5 years in that industry. What market share do you expect I-T to have of that growth over the next 5 years.
[14:47] [Charles_Vaccaro]: Day Trading is expected to grow by 500% in the next 5 years. We expect to capture a significant portion of that market
[14:15] [phiane]: When can we expect a formal press release on the internet use of Insider Trading?
[14:30] [Charles_Vaccaro]: Internet use of Insider Trading is currently active
[14:21] [ragani]: Why havn't IT commercials been seen on CNBC as announced?
[14:35] [Charles_Vaccaro]: IT commercials air in the markets where we have an IT office open- currently Long Island, NY and Boca Raton, Florida
[14:12] [Rey]: Question: What differentiates IT from other companies
[14:21] [Charles_Vaccaro]: Again, we focus on active day traders. We are focusing on creating a branded, professional environment for this target.
[14:01] [roger_35768]: any plans to spin-off insider trading
[14:24] [Charles_Vaccaro]: Not at this present time
[14:18] [roger_35768]: any plans to spin-off insider trading from PABN and it trade as a separate co.?
[14:24] [Charles_Vaccaro]: Not at this present time
[14:46] [roger_35768]: I would think PABN meeting OTCBB trading requirements would effect IT
Thank you for your comment.
panambancorp.com |
