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: jdcpa who wrote (20946)	12/20/1998 12:24:00 AM
From: jhild	Read Replies (2) of 43774

You bring up an excellent point, though I suspect inadvertently. Why just look at this press release a little more closely. You have skipped over a very important issue here. Thanks for bringing it up. As previously announced, the company has a loan commitment of $2,500,000 from Realty Mortgage Center Inc. for its real estate ventures. NRPI has contracted with Realty Mortgage Corp. of Las Vegas to function as a loan production branch office of RMC. RMC is a full service national mortgage lender. It is really unfortunate though that there are two entities that are apparently getting confused. Though I suppose that if you say it fast enough and often enough people will just think it is the same thing. Namely that Realty Money Centers is not Realty Mortgage Corp. Going by what this press release says, I would have to conclude that there is no relationship with the entity that has been announced as part of PRWT. But then again there is no confirmation of even that having actually being closed either as there are after all no financial filings are there? Some day we can hope that John and his silent partners, can get beyond this arrogance of not reporting and actually file something on the record. Then we can maybe understand which RMC the stockholders can be excited for and whether any of this announcement has any significance whatsoever, other than your saying that it does.

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