PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

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Nov 21 9:30 AM EST

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To: alan hardy who wrote (8540)	7/26/1998 1:02:00 AM
From: randall patrick	Read Replies (1) of 43774

Being that we are so focused on the belize.gov mortgage issue, has anyone attempted to verify this statement from the 8.June PR: "John Schmitz, CEO of PanAmerican BanCorp, will return to Coasta Rica in late summer to further arrangements to provide mortgages to the 20,000 new homes under the government guarantee program." I have sent several inquiries to major publications servicing the Coasta Rica/Central America regarding that statement. As of present, no reply. Surely, establishing the validity of this statement will offer some reassurance as to PRWT's mortgage business in Central America. IMHO the PUP/UDP/Whatever could be denying the involement of said company for political/support gain. They have announced that "THEY" will attempt to correct the current situation of Belize housing by providing funds to middle/lower class citizens, etc.. (This from the belizetimes.com search keyword: housing) Therefore, it might to their advantage to gain confidence in the people by assuming all credit??? Besides, we have no idea how the populations' view toward American financial institutions fares. Again just my HO, Goodluck to all LONGS...

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