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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Dec 5 9:30 AM EST

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To: LegalBeast who wrote (11005)8/9/1998 2:44:00 PM
From: jhild  Read Replies (3) of 43774
 
any news article OTHER than the anti ugly American article.

That is a rather strange characterization of a report from the Ministry of Home Affairs and Housing. It hardly looks like an ugly American statement. Just an "Ugly" Pan American Ban Corp. statement to me. Why would the Government feel any need make further comment?

belize.gov.bz

Personally I don't think your lengthy piece really addresses the veracity of that report from the Ministry. I can partly agree with your statement in another post that we are not going to know more until the Government or the Company clarifies the situation. But I don't really see the Government adding any more to what appears to be a fairly clear statement about Pan American Ban Corporation.

So I would say the company needs to come up with some answers - on the record. "Model homes in the mail" hardly represents to me where things stand as far as the Government guarantees are concerned.
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