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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 (8859)7/27/1998 12:52:00 PM
From: TCAT  Read Replies (1) of 43774
 
Here is an e-mail I received from Giovanni Smith. He owns Prisitne Develoment EnterprisesLTD in Belize. I e-mail him over the weekend and this is the reply I got today. GREAT NEWSSubj: Re: questions
Date: 98-07-27 10:58:23 EDT
From: giovanni@btl.net (Business Computer Systems)
To: TSvajda@aol.com

Dear Tom

We are PRISTINE DEVELOPMENT ENTERPRISES LTD (PDEL), and are not part of
PanAmerican Bancorp or Affordable Housing Group (AHG).

Our contribution to this project is that we are the land owners and
developer. (www.belize/pristine.com)

As far as we know:
Affordable Housing Group is going ahead with their models (the home
manufacturer was here in Belize, on the property, two weeks ago in
discussions with the contractor).
PanAm Bancorp/AHG is planning on financing the above homes.

To us, this is a very good project as it will be fullfilling a need. It's
hard to see anything going wrong with it if handled properly. We at PDEL
are presently waiting for the homes to arrive in Belize in order for us to
start erecting.

I personally am interested in investing in PanAm and the stock marker (never
done it before) and am waiting for a form to fill out. Any tips?

Giovanni Smith

President PDEL

-----Original Message-----
From: TSvajda@aol.com
To: giovanni@btl.net
Date: Saturday, July 25, 1998 6:18 PM
Subject: questions

>I'm an investor in Panamerican Bancorp and was wondering if you could tell
me
>anything about the mortgages in Belize. There seems to be some questions
that
>have not been answered yet. My only questions is are the homes being built
>and does Panamerican Bancorp have anything to do with them. Thank You in
>advance for your reply. Tom
>

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