Questions Answers given in Open House 2/24
<Moderator> Thank you for joining us. Due to the delay, we will run the chat past 2:30PM EST. Please address all questions to the Moderator by typing "/msg Moderator (type your question here)" without the quotes or parens
Paul When will Pan American bust a MOVE?
Guest70152 What mergers are not finished?
faqsnlojiks Do you foresee any reverse-split in the future?
petersene What are the timelines for SEC filing? Also upcoming press
releases, and projects currently that you are most excited about. Thanks
mhall can someone give us a rundown on the housing division and its status?
Rey When do you expect financials to be out?
<Moderator> Regarding financials, we expect to file financials before
the end of Q2
coaster123 what is the financial status for RMC?
jeffhansen Is a reverse split planned or a share buyback?
Kenny Who will head up the IR dept?
Rey When will financials be out
<Moderator> Regarding financials, we expect to file financials before the end of Q2
Guest70152 are there revenues and from what sources?
mhall Did you see my question about the housing division and its status?
Iron when is the next pr release date?
We expect to have a press release about the success of the Open House next week.
petersene Any thoughts of a stock buyback program?
Chazbo Is the CEO of PRWT here?
<Moderator> The CEO of PRWT is here, John Schmitz
Comtec1 are we going to be seeing more press releases?
Yes, certainly.
PCModem What symbol(s) have been requested?
Bill Can you tell us when the ticker will change and what it might be??
sometimes I'm curious about the new Internet Division and the ISP...what stage is this division in? Do you have customers already? Will itbe mostly businesses? Any projections?
PanAmerican Internet Group, Inc. is the official name of the division. It is the newest division of PanAmerican BanCorp. We offer commercial and personal hosting and will offer dial-up access soon. We currently have web site development and web site hosting customers.
dguy please give date for "end of Q2"
<Moderator> RE: End of Q2 is end of second quarter of the fiscal year; we are on an annual fiscal
PCModem will ANY financial info be released before they are officially 'filed'?
Racerx Will there be a one for one exchange of PRWT to Panam shares??
<Moderator> RE: NAME CHANGE: one share of PRWT will equal one share of PanAmerican. You will be notified of the change.
Iron What will the next PR be about?
A: We expect to have a press release about the success of the Open House next week.
Chazbo How many of the 20+ deposits are for the $100K HOMES?
<Moderator> Regarding deposits on the homes in Belize, most of the deposits are for homes valued at$100K+
mhall please have John fill us in on PRWT's outlook for the coming months
Rey Is PinkPig still hosting your site or is PanAM Internet Group
A: PanAmerican Internet Group will assume responsibility for maintaining, developing, updating and hosting the PanAmercian BanCorp web site.
<Moderator> Many answers to the questions regarding financials and financial information is already posted on the PanAmerican web site. Additional questions will be answered after this session.
coaster123 Is RMC generating revenue for PanAm?
Comtec1 how about press releases, can we expect more?
<Moderator> Regarding press releases, we plan on releasing information as it happens.
faqsnlojiks How many employee's does panambancorp (as a whole) employee?
<Moderator> RE: PanAm employees: 50+ current employees in all divisions.
Paul Why are there so many outstanding shares? Is that number to shrink sometime?
dguy actually, the questions are not yet "answered" Any date for "end of Q2?"
<Moderator> RE: End of Q2 is end of second quarter of the fiscal year; we are on an annual fiscal
PCModem tell John to get back into camera range
BARB when is the Boca Office opening?
<Moderator> Regarding the Boca office of Insider Trading, there is a seminar this weekend where over50 people have signed up.
Rey When is the Boca Office opening and when can we see it
<Moderator> Regarding the Boca office of Insider Trading, there is a seminar this weekend where over 50 people have signed up.
Racerx Is the RMC acquisition complete??
ERRAFF When can we expect the symbol change
hunter There have been many rumors about a desire for a NASDQ listing. Are these rumors true, and if so what plans do you have to meet the listing requirements; particularly with respect to share price??
<Moderator> RE: Nasdaq listing: it has always been a goal to get off the bulletin board. We are getting there as quickly as possible.
mack when do you expect the new trading symbol to be ready
Iron when and what is the next thing that is going to happen?
petersene Any thoughts of a stock buyback program?
l888l will there be a share buy back
<Moderator> All questions are being addressed to the Moderator; we are taking the transcript and answering add'l questions after the session
spector Is this a fly by night company or do you plan on testing things before you endeavor them in the future?
Rey When will we see commercials in South Florida and what channel
<Moderator> RE:Commercials in SoFL- you will be able to see commercials this week
Coop Will IT be going online like E-trade so that many of your investors can use this service?
Bill This can really be great way for communications once you get use to it
mhall Please can we have each of the divisions give us a quick rundown of where they stand?
Racerx Will Panam acquire/merge with NHLT?
Iron How many people are employeed under PanAmerican?
<Moderator> RE:PanAm employees:50+ current employees in all divisions
ISSME what are share price predictions for the future?
eposca when is the end of the second quarter
<Moderator> RE: End of Q2 is end of second quarter of the fiscal year; we are on an annual fiscal
linemover If i'm a potential investor, how would you convince me to buy your stock?
Rey What Channels for commercials and what times
PCModem why is IT link not working?
<Moderator> RE: ITLink- IT has a hardware problem
petersene Which division is currently producing the highest profit? Which has the greatest potential?
lurker There are quite a few outstanding shares, are you planning a reverse split anytime soon?
<Moderator> RE: Reverse splits: we still do not have plans for a reverse split
riley have you selected a site for the Las Vegas Trading room?
Bill could you tell us the exact float and outstanding shares/ There are a lot of different numbers out there Thank You
<Moderator> RE:Outstanding shares: currently outstanding are approx. 820,000,000
coaster123 How can you get a Nasdaq listing without a reverse split?
Guest80175 what do you expect first year net profits to be at this point?
<Moderator> RE: net profits: it is not possible to predict our net profits at this time
Racerx When will Marketing for PowerX commence?
PCModem tell John we are so proud of him and what he is doing!!! Same goes for Everyone else at the company and all the subsidiaries!!!
Iron What do you believe will be Pan Americans most profitable
division? Kunundrum Are you going to be Nasdaq Compliant and are you looking the move to the nasdaq big board?
petersene Which division is currently producing the highest profit? Which has the greatest potential?
ERRAFF When is the scheduled Grand Opening for the Boca Office
<Moderator> RE:Opening of Boca Office: Boca is opening this weekend, however no festivities are planned
ISSME Does PanAm own any substantial assets?
Comtec1 is a stock buy back a possible option ?
Bill has the reverse merger with RMC been completed??
<Moderator> RE:RMC:RMC is a wholly owned subsidiary
lurker Who are we viewing on the video stream? John Schmitz, Laura Bykowski, Bill Black, Jeff Fleischer, Ray Gamble, Offices of RMC
Guest93655 based on that number of outstanding shares, would you say this limits the upside potential?
JJL203 ARE THE COMMERCIALS STILL RUNNING IN THE NJAREA?
Jakin Is a reverse split being thought of...maybe stock buyback? How will you get the price up to get the Big Board listing?
<Moderator> RE:Reverse splits: we still do not have plans for a reverse split
Henster can you give us a breakdown of the stock authorized shares, company owned shares, restricted shares etc.
hunter With so many irons in the fire, your resources, both human and financial, must be stretched to the maximum. In which of the various ventures do you see the most potential for return in the next 12months, and in which areas are you focusing your resources?
linemover are all off your divisions currently making profits, if not, what time frame do you see this company making money?
GVII 820,000,000 outstanding shares, then how many total authorized shares?
JT what is the size of the float, authorized, outstanding shares?
mhall are there plans to open more insider trading offices, and where?
<Moderator> RE:Insider Trading there are plans for additional offices. We are unable to divulge any additional information at this time
dguy re: RMC. If wholly owned (hey I believe you)what needs finalization?
faqsnlojiks 850Million outstanding!! That 's much more than last reported! what is the float/authorized?
ISSME Will PanAm be buying back any of the outstanding, or have they already?
mmorris Any reason for the volume increase lately
Comtec1 does the company have any idea how many shares are actually not held by the company or investor(approx) ?
Guest93655 at $3 for example that's almost a $2billion capitalization
mmorris Are you planning a Reverse Stock Split to get on NASDAQ
<Moderator> RE:Reverse stock split: there are no plans at this time
Arren are there any financial information available about this company or something that i can receive in the mail?
JohnR Any intention of pursuing legal action against internet bashers deliberately spreading false information?
<Moderator> RE:bashers: Please only listen to official information from the company. There are many rumors on other web sites that should be ignored
linemover Is there any plans for company to buy back any outstanding Shares?
Racerx How many providers does Panam Health Corpprovide Medical Billing Services for?
Guest93655 "at this time??"
Bill The videophones? Are they being distributed/sold yet? If so, how many. If not, when are sales anticipated?
Guest18368 when will the company become fully reporting?
eposca will there be a buyback of shares?
Guest93655 btw, I love this video/chat format, nice job!
PCModem how many press releases are scheduled for the next couple of weeks
<Moderator> RE:Press Releases: We expect some additional information to be released in the near future
BARB cuisp do we have a new one yet and name change
<Moderator> RE:NAME CHANGE: one share of PRWT will equal one share of PanAmerican. You will be notified of the change
Jakin What is the current Belize situation?
Everything is progressing as planned in Belize. Check the Affordable Housing Group web site for the letter from Hon. Remijio Montejo, Chairman of National Assembly Committee of Housing and Education.
Affordable Housing Group has finished the two models. We currently have over 50 parties interested in purchasing houses in the $50-100K price range, and at this time we have taken over 20 deposits for houses.
<Moderator> Regarding deposits on the homes in Belize, most of the deposits are for homes valued at $100K+ There are new photos of the finished model homes on the web site.
JT the size of the float is?
Comtec1 thank john and for the great job he does for us and the company and for caring about the investor
petersene Press releases and knowledgable IR folks can help squelch a lot of bad rumors...
<Moderator> RE:Press releases: we know that that press releases and IR folks can help squelch rumors; and that it what we are interested in doing
krbfund How many classes of shares will there be after the exchange of shares
<Moderator> RE:Share classes: there is only one class: COMMON
Guest65840 when are financials going to be released?
mhall re:housing has construction begun on any of the20 houses with downpayments placed on them?
dguy Please define "near future" with a bit less ambiguity???
<Moderator> RE:PRESS RELEASES: You can expect more information in the next week or two
JJL203 ASK JOHN FOR THOSE OF US WATCHING TO LOOK AT THE CAMERA AND GIVE ALL OF US TRUE BLUE STOCKHOLDERS A BIG THUMBS UP
linemover Is the reverse merger completed?
PCModem is the new name still going to be PanAmericanBanCorp?
<Moderator> RE:NAME: the name will remain PanAmericanBanCorp
bgolden When you say near future, are you talking days, weeks or months.
<Moderator> RE:PRESS RELEASES: You can expect more information in the next week or two
ISSME How many shares are currently in the float?
Guest93655 you are aware that if you do not become reporting you will be delisted? When will you do that?
jjrai how much is this company worth in approximation?
deon It is hard to find info about your Co. When I.E.in this form are you going to give some detailed info we can go to the bank on!
Jakin Thanks for doing this...it will help calm investor fears.
Bill You state on your web page that profits are expected soon. Can you tell us which subsidiaries are currently operating at a profit?
<Moderator> RE:PROFITS: Insider Trading, Garden City, is operating profitably .Internet Group is profitable. Healthcorp profits are expected at the end of Q1
Guest70152 Has the company or any insider sold shares to the public within the last two weeks?
WebSlingerUSA Why the delays - still nothing new
linemover How is the reality money center doing?
krbfund How many shares will pan am issue?
spector When do you expect to go national with your internet server--how far along are you?
A: We expect to be fully operational ISP by the end of 1999.
Racerx Can you confirm our relationship with84Lumber?
JJL203 WHEN CAN WE EXPECT A SYMBOL CHANGE?
<Moderator> RE: Symbol change: we have applied for a symbol change
PCModem any merger or acquisition news to be announced soon?
petersene Is there any type of inquiry by the SEC into how we can have over 70 million shares trade hand(mostly buys) in the last three days and have no upward price movement?
Guest93655 who is your CFO? Is the SEC filing a priority?
ISSME How many shares are currently in the float. IE traded in public hands?
Guest62250 When will you release the financials?
coaster123 Financials have been promised for the near future for a while now, but that time has not happened. Can we have anything more concrete scheduled for an actual date?
faqsnlojiks Is panam healthcorp marketing strictly through the internet? No. Other PanAmerican Healthcorp marketing strategies include telemarketing, seminars and trade shows, direct mail, and direct sales through a broker network.
PCModem given the apparent success of this experiment, do you plan more of these, and during non-business hours so more can participate?
<Moderator> RE:apparent success of this experiment: yes, we plan more of these on a regular basis. However, we will need to hire more Moderators ;-)
jjrai was there any announcement made today regarding our company?
Guest93655 is there something complicated about the SEC filing question?
Bill John, this all very exciting, when would you surmise to do it again? maybe more people will know how to ask questions?
A: We plan on holding more "meetings" like this on a regular basis. We also plan to offer bulletin boards on the PanAm web site for interested parties to communicate.
dguy some folks are still having trouble getting in.so a forwarded question: what about THRM? anything that can be revealed?
eposca WILL THERE BE A BUYBACK OF SHARES?
faqsnlojiks When is it expected that IT will be able to process trades of OTC stocks?
JJL203 ALL IN ALL I THINK THIS IS REALLY PRETTY NEAT.ALL THIS FROM A .02 CENT CO. WHAT ARE WE DOING TO INCREASE SHAREHOLDER VALUE?
GoldenEye to your knowledge has anyone else ever tried this "online shareholder meeting" & is this a service you will sell? Thanks. To our knowledge, this is the first meeting of its kind.
rob what is your association with THRM how do you intend to get on NASD
Jakin A press release on the success of this would be a real boost to the stock...
PRWT_Rules "is the Boca Raton IT office open yet?"
<Moderator> RE:Boca Office:Opening this weekend
Racerx Can you confirm any relationship with a Concorcio Bantec?
l888l is there any buy back plans for the stock?
krbfund How many classes of shares will be issued for Pan Am ie Common, Class A, Class b, etc.?
<Moderator> RE:Share classes: there is only one class: COMMON
<Moderator> RE: #of shares: we have no specific plans regarding the number of shares but we are investigating several alternatives
Guest93655 but unfortunately, he does not answer all of them
shavers will the company e-mail us as information becomes available
Racerx How many homes have been built in Belize?
JJL203 CAN WE EXPECT TO SEE A PR REGARDING THE SUCESSOF THIS OPEN HOUSE?
<Moderator> RE: PR about Open House: we will have a press release about the open house shortly
PCModem we have a very strong support group which really believes in what PRWT is doing. As you know, all we need is to be kept informed. I trust this is the turning over of a new leaf in that direction. Keep up the good work!!! and THANK YOU FOR ALL YOUR HARDWORK!!!
jjrai regarding the shares can you elaborate?
petersene Any thoughts by management of releasing more shares? Hope not, we have plenty..
Racerx Where is Mary Fedder?
dguy anything public that can be said/verified about THRM?
Jakin My Recommendation...Albeit worthless...is some sort of stock buyback. The boost that a program like would give would pay you back for the shares you bought.
jjrai what is the press release regarding the openhouse for?
Guest93655 what's happening in Belize?
Coop When does the videophone business go full scale?
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