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: Roger Bodine who wrote (10066)	7/31/1998 5:42:00 PM
From: Buster	of 43774

Roger, I have corresponded with Mr. Smith. Yes, he does own the property and approx. 161 lots are ready for construction. With unlimited capital Mr. Smith can survey and ready the other 250 lots on his property in 4 or 5 months. He has authorization from the gov't to survey and ready 351 lots on his property. He has enough land on his property for 2000 lots but is only authorized for 351 lots. The question is not if there is land to sell but if PRWT is allowed to do business in Belize and if they have the Belize gov't to back the mortgage program. Buster

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