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: Valkyrie who wrote (40654)	8/25/1999 2:30:00 PM
From: jhild	Read Replies (1) of 43774

Affordable Housing will show a modest profit in 1999. We estimate revenues of approximately $150 thousand against expenses of just over $70 thousand. My focus during the next few months will be on Affordable Housing and the development of our plan to originate mortgage backed securities in Belize and Argentina. Our preliminary studies show that both of these countries have the potential to generate enough high yield guaranteed mortgages, that fund brokers in the U.S. will be interested in establishing a secondary market for their investors. panambancorp.com Back in June Johnny was saying 1 Million a month: John_Schmitz_2: msturgeo: We will do approximately $1 million a month in Belize . . .#reply-10322196 Credibility is so important in today's world. Oh and look there are those GUARANTEED MORTGAGES making their yearly appearance. No wonder he doesn't want to have these MTM meetings any more. He might have to answer real questions and be held accountable for the inconsistencies he put forward.

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