Investor Relations
The Investor Relations section of PanAmerican BanCorp's Web site was created to provide shareholders with official statements from the Company. Any and all correspondence received by PanAmerican will be answered, via an official statement, at this location by members of the management team.
What is Joe Strahl's role within KeyStates?
Joe Strahl is not an employee of PanAmerica or KeyStates Holdings. He is a vice president with Mr. Trademark. Mr. Trademark is a web-based provider of business information and legal forms processing designed to help regular people perform simple, paralegal and business procedures without the aid of a lawyer.
Is Investor Relations responding solely via the Web site?
Yes. While we are trying to curtail the amount of misinformation being spread about the Internet, we cannot keep certain individuals from creating their own conversations and responses. This seems to be a very popular method on the threads and quite entertaining. All investors reading these "creative" postings are urged to refer to www.panambancorp.com for officially-released Company statements.
Is company information being given out via telephone?
This is just the type of misinformation that has lead PanAmerican to create this official statement section on its Web site. The only information being given out over the telephone is that all questions must be submitted to the Company and that responses to those questions will be posted on this Web site. Anyone stating that they have spoken to any employee of PanAmerican and received information regarding a press release or financial information, is not accurate - regardless of their intention.
When will new editions of ourEvillage be released?
As you know, ourEvillage.com has released the first ten local editions. We are in the process of gathering content for the release of new editions and finalizing protocols for more rapid deployment of additional editions across the country.
How to Advertise on ourevillage.com
ourEvillage.com offers businesses unique Web Presence programs that allow them to effectively utilize the Internet to enhance their business and increase exposure within their local marketplace. For information regarding the ourEvillage.com Web Presence programs, please e-mail Brian Carroll at bcarroll@ourevillage.com.
Participation In ourEvillage.com Marketing Program
ourEvillage.com offers entrepreneurial individuals an opportunity to participate and profit from the marketing of our unique Web Presence programs. ourEvillage.com E-Business Consultants are able to provide small to medium sized business with the tools to effectively utilize the Internet as a crucial marketing vehicle. For more information about the ourEvillage.com E-Business Consultant opprortunity, please e-mail Brian Carroll at bcarroll@ourevillage.com.
What is the status of the filing?
PanAmerican Bancorp, Inc., in conjunction with our independent auditors, Covati and Jahnsen, CPA's, P.C., have been aggressively proceeding with the task of completing the audited financials by the earliest date possible. The most recent status of our financials, according to the firm of Covati and Jahnsen , CPA's. P.C., is that all tasks that involve proprietary information under the direct control of PanAmerican are being audited. The consolidated financials for PanAmerican and all subsidiaries, are dependent on some information being supplied by third parties which have yet to be received. In addition, prior to the consolidation of the PanAmerican books last summer, certain information was kept at remote locations. This information must also be obtained and verified. These items are needed to complete the audit and have resulted in the delay in completing the filing process.
Lastly, the June 15th date represented the deadline imposed by the SEC for all remaining OTC:BB companies yet to file their audited financials. This date has no relevance or impact on PanAmerican BanCorp as we no longer trade on the OTC:BB. While we hoped to have had this task completed by this point in time, we fully intend to have the audited financials completed by the earliest possible date in order to qualify to regain OTC:BB status.
As an investor, what did you do with my money?
When you purchase stocks in the open market the money goes to the seller of the stock, not the company. The company will receive money from investors through a public offering. PanAmerican received some money through private offerings to qualified, accredited investors. We have not to date, done any public financing. Some anonymous posters on so called stock threads would have unknowing investors believe that the company is taking their money and abandoning them. While in truth, the poster might very well be the recipient of these investor?s funds. I would advise anyone who does not understand investing to stay out of the market; and anyone who uses money that they cannot afford to lose, to stay away from the speculative markets.
What is PanAmerican going to do about the bashers? It is company policy not to respond to anonymous postings. The stock threads are a dangerous place for anyone to educate themselves about a company.
We believe that anyone interested in investing in a company should perform their own due diligence. Start-up companies, such as PanAmerican, are speculative and carry a high degree of risk. In the past, investors looking to make a killing in the market took risks on pink sheet or OTC companies with hopes they would make it. With the advent of dot com billionaires, average people are being lured by the IPO hype and incredible returns that have happened. We should caution everyone that these returns, while highly publicized, are far from the norm. Anonymous posters can lead people to buy or sell stocks through repeated and constant information, misinformation or disinformation. PanAmerican has repeatedly stated that only information posted on its Web sites or released by the Company should be relied upon. We will repeat this warning again and again. As for the bashers, we will continue to do our best to organize, operate and grow the Company to increase revenues and add shareholder value, that will be our answer.
What is CodeCare?
CodeCare Practice Management System has been organized with the intent to introduce a retrospective payment audit and compliance program to review doctor's insurance payments for the detection and recovery of any inappropriately denied or underpaid reimbursements.
¸ Copyright 2000 PanAmerican BanCorp
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