PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

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Nov 7 9:30 AM EST

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To: J T who wrote (20689)	12/15/1998 12:43:00 AM
From: jhild	Read Replies (1) of 43774

We have begun construction on the first of our model homes and currently have over 100 prospective buyers. The homes are selling for between $50,000 and $125,000 and prospective homeowners are anticipated to make down payments of between 5% and 8%. We are very pleased with the progress and our relationship with the new Belizian government. A couple of comments are in order here. First I guess they must have started their first home there finally now in December and over 100 people have asked for literature. (Never mind that 200 people were supposedly interested in September when they had the beer tent photo ops.) But this is pretty thin activity after all of these months of hype and misstatement. Where again is the mention now of the government guaranteed loans that PRWT will be processing as they once announced? And of course one last comment would be that their relations with the Government of Belize might be even better if they spelled Belizean correctly.

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