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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: John PD who wrote (13923)9/22/1998 2:49:00 PM
From: jhild  Read Replies (5) of 43774
 
Dilapidated buildings will be replaced with new structures. Citizens who already have their land in Belize City will be the first beneficiaries of the new housing programme.

Prime Minister Musa is expected to announce in his Independence Day Address on September 21, that applications forms will be available at the Housing Department. These forms will provide statistical basis to the Housing authorities to determine the demand for various types of houses.


Thanks for posting that John PD. But let's see what is that business model again for PRWT in Belize? They were going to process the mortgages? They are going to get finder's fees for these mortgages? They are going to get an administrative fee yearly on these mortgages?

But what is this? The government of Belize is taking applications? They are setting the priorities as to where these 10,000 houses are going to go? Where does PRWT get their cut of this business as the government moves to fulfill their election promises? Is this the news out of Belize we were told to expect?

PS: Did you notice in stories further up that the Elrington brothers, Sedi and Hubert (the ex-Housing Minister and Ground Breaking Buddy of John Schmitz), were maybe going to have one of their sweetheart land deals investigated with a view toward being voided?
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