PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Mar 7 3:00 PM EST

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To: ColleenB who wrote (24296)	1/26/1999 3:54:00 PM
From: alan hardy	Read Replies (1) of 43774

Colleen, from what I understoood it, American/Belize citizens were always prime targets, with the hopefull of Belize govt. employees a 2nd hopefull. Nobody in Belize makes enough money except govt. employees, to hold a mortgage. Thats why the residential areas that PanAm/AFG wanted to build in were so American/amentity slanted. They are retirement, rental, vacation homes mostly for American citizens. Seems as though the Belize Govt. is taking an interest in AFG now for disaster rebuilding/new housing. However, like I said, not many people in Belize can even afford a $30,000.00 house.

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