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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: Scottoo who wrote (9758)7/29/1998 10:49:00 PM
From: Gordon Gekko  Read Replies (1) of 43774
 
I found this on AOL.


More accurate information than my last post is this. Dave Williams is the owner of the 4 mortgage firms in Nevada. They are currently called Realty Mortgage Corporation, or RMC Financial Services, in Nevada. Because his goal is to do business nationally, there are too many other companies in the country AND in his area to continue to call his company by its present name. So he is changing it to Mortgage Money Center.

Out of 339 mortgage companies in Nevada, they have been rated 15 by last tally. He's shooting for 10th. To estimate the amount of money that will be figured into PRWT's next quarterly statement, the amount of business done last year can be cut in half, then add 10% growth factor. His company was acquired with restricted shares that will remain restricted for for a period of 3 years. He is very personable, and said if there are any concerns from shareholders, he would be glad to address them. His phone is: (702) 227-5626 or (702) 523-0662 for his direct line.

He said that it's a new company and he has talked to John about the news release not appearing in all news sources. A new management team is being retained to deal with all the new issues that are new to John. That was the incorrect website I posted earlier---which was for Realty Mortgage Group. The phone # for RMC Financial Services in Raging Bull is off by 1 number, although the other information in that post is correct. (708) 227-5625 gives you A&B Security Group, providing locks, safes and security doors.

The announcement about the Belize problem will be coming shortly, and will be carried by ALL the news wires this time. Be patient. There is a lot of growing pains for this one time little company!!!
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