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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: Jgilbert who wrote (2834)6/26/1998 12:29:00 AM
From: Mike McCarty  Read Replies (1) of 43774
 
Here's the post Jgilbert was referring to on the AOL personal finance board.

-Mac
----------------------------------------------------------------------

Upon reading the SI thread (and since I am not a paying customer, I cannot post there, merely browse) I see that there is some speculation that the PR news release of 6/24 may, possibly, have a typo in it. Access Wall Street may (maybe?) be incorrect? Possibly it is Wall Street Access. So I ran that company in AOL's stock section and came up with only a deli. I then tried it as Wall Street Financial, an interesting Hawaii co. I have
absolutely no idea at present if this makes any sense or if it's just off the wall, but, when I ran an Edgar search on WSF Corp I found this:
Ticker Symbol: WSFI


U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10- QSB

(Mark One)

{ X} QUARTERLY REPORT UNDER SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 1998

{ } TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF
THE EXCHANGE ACT

For the transition period from ___________ to ___________.

Commission File No. 0-17117

WALL STREET FINANCIAL CORPORATION
(Exact name of Small Business Issuer as specified in its Charter)
****
Blah blah blah exluded....although if you can read these things better than I can, it might have valuable info in it. Go to Edgars. Disclosure

Note also: Highlights and underscoring herein are added by me for your reading pleasure...
*****
The Registrant (also referred to as the "Company") was incorporated under the
laws of the State of Delaware in March 1987. While Registrant initially
provided financial services to community banks, since 1995, under the
guidance of a new Board of Directors, the Company began actively
concentrating on its interest in a 31,000-acre parcel of prime Belizean real
estate property.

Since 1996 the Company's focus is that of a holding company with three main
operations, a) trust and asset management, b) plantation revitalization and
c) the planning and development of a world-class destination resort with one
or more Caribbean sea-front hotels.

WSF Trust Corporation of Belize, Ltd.("the Trust Company"), a Belize trust
company, a wholly-owned subsidiary of Registrant was formed to implement the
corporate strategy involving trust and asset management. The Trust Company
was declared a full service trust corporation pursuant to the Trust
Corporation Act of the Laws of Belize. With the establishment of the Trust
Company and the appointment of the Trust Company as the sole trustee and
asset manager of one of the largest private plantations in Belize, the
Registrant assumed an active role in the economic development of the Country
of Belize. To implement these plans and achieve these objectives the Trust
Company has and will make investments in synergistic companies and/or enter
into joint ventures with qualified strategic partners (see section on
"Operations").

The Registrant has also formed Mayan Resorts Development Company, Ltd., a
Belize company, a wholly owned subsidiary of the Trust Company (hereinafter
referred to as "Mayan Resorts"). The primary objective of Mayan Resorts is
to complete the development of a major destination resort complex in the
country of Belize on a 50 square mile oceanfront parcel generally known in
Belize as the Salt Creek Estate or Salt Creek Plantation. Such development
will include (1) implementation of a Plantation Revitalization Plan that
includes agriculture, forestry and aquaculture projects and (b) preparation
and implementation of a Master Development Plan for a mixed-use, world-class
destination health and wellness-resort. The Master Development Plan will
strive to utilize the plantation operations as ecological attractions and the
many Mayan sites on the property as cultural attractions.

Compradore Limited, a Hawaii corporation, is the registered owner of the
property and holds the Transfer Certificate of Title ("TCT") dated December
19, 1973, registered in the Land Titles Register Volume 8, Folio 300 at the
Belize General Registry. The TCT encompasses 38,677-acres of land. Due to
subsequent transfers, the Plantation was reduced to 31,423.45 acres in 1989.
The Registrant owns twenty-three and 62/100 percent (23.62%) of the common
stock of Compradore Limited, the title holder of the 31,423.45-acre
Plantation. WSF Trust Corporation of Belize, Ltd. is the sole trustee and
asset manager of the Plantation.

Wall Street Internet Corporation, Hawaii company, a wholly-owned subsidiary
of Registrant, will serve as the communications and marketing arm for all of
Registrant s operations. This company remains a development stage company and
is based in Honolulu, Hawaii.

******

Am I off base or is this too much of a coincidence?

DG


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