PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Nov 28 9:30 AM EST

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To: jhild who wrote (14111)	9/24/1998 3:12:00 AM
From: Gordon Gekko	Read Replies (1) of 43774

I assume you are referring to this line from the press release. "The government of Belize has backed the program and investors have committed to fund $10,000,000 in mortgages monthly beginning immediately." This statement is vague and could be misleading. I believe at the time of this release we all assumed this meant financially backed. I would suspect the reality is that the government supports the program, but not with it's wallet. For me this is the only main issue that needs clarification. I can't wait to stop talking about Belize and to focus on the much larger prospects for the company. GG

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