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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 (42848)2/8/2000 9:11:00 AM
From: ERRAFF  Read Replies (2) of 43774
 
(BSNS WIRE) PanAmerican Bancorp Finalizing Documents Required to Maintai
PanAmerican Bancorp Finalizing Documents Required to Maintain Listing


Business Editors

HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Feb. 8, 2000--PanAmerican
Bancorp (OTC BB:PABN) today announced that it has retained the Law
Offices of Miles Garnett (www.garnett.com) to file all necessary
paperwork required by the SEC to maintain its OTC BB status.
PanAmerican BanCorp is primarily engaged in the development and
marketing of Internet/interactive products and services with a
particular emphasis on financial services, investment services and
e-business activities.

Except for historical information, the matters discussed in this news
release may be considered "forward-looking" statements, within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. Such
statements include declarations regarding the intent, belief or
current expectations of the Company and its management. Prospective
investors are cautioned that any such forward-looking statements are
not guarantees of future performances and involve a number of risks
and uncertainties that could materially affect results.

--30--csd/sa*

CONTACT: PanAmerican BanCorp
Corporate Communications
Adam Schuman, 631/232-2221

KEYWORD: NEW YORK
INDUSTRY KEYWORD: BANKING INTERNET E-COMMERCE LEGAL/LAW

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com




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