SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Mar 7 3:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ColleenB who wrote (30108)3/27/1999 6:25:00 PM
From: ERRAFF  Read Replies (3) of 43774
 
So, in the past 9-10 months, what can John be credited with having accomplished?

NEW YORK--(BUSINESS WIRE)--Nov. 10, 1997--Purewater Sciences International
Inc. (OTC: PRWT) announced that they and Visual Interactive Phone Concepts
Inc. (VISUAL) will complete their announced merger subsequent to a private
placement.

NEW YORK--(BUSINESS WIRE)--June 1, 1998--Purewater Sciences International
Inc. (PRWT) announced today that it is merging with PanAmerican BanCorp.
(PanAm).

NEW YORK--(BUSINESS WIRE)--June 11, 1998--Purewater Sciences International
Inc. announced the completion of the merger with PanAmerican BanCorp, an
international mortgage and finance company.
PanAmerican/Purewater (NASDAQ: PRWT) announced the start of their first
major subdivision in Belize.

NEW YORK--(BUSINESS WIRE)--June 24, 1998--PanAmerican BanCorp/Purewater
(NASDAQ: OTC:PRWT) announced today the acquisition of Access Wall Street, a
firm that provides state-of-the-art securities trading for investors.

NEW YORK--(BUSINESS WIRE)--July 20, 1998--PanAmerican BanCorp/Purewater
(NASDAQ OTC: PRWT) announced today the opening of Insider Trading's website.

NEW YORK--(BUSINESS WIRE)--July 28, 1998--PanAmerican BanCorp/Purewater
(PRWT - NASDAQ) has acquired 100% of Realty Money Center for stock and other
considerations.

NEW YORK--(BUSINESS WIRE)--Nov. 6, 1998--PanAmerican BanCorp is
pleased to announce that it's wholly owned subsidiary, PanAmerican
Healthcorp, has been retained by one of New York's largest medical
groups to provide third-party billing management services. The medical
group manages over 300 doctors and 20 clinics in Nassau, Suffolk and
Queens counties.

HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Dec. 4, 1998--PanAmerican
BanCorp (NASDAQ BB: PRWT) announced today the first television
commercial for its Garden City, Long Island office of Insider Trading
will begin airing on Monday, Dec. 7, 1998 on Cablevision (Nassau
County - Channel 24) at random times throughout the day.

HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Dec. 7, 1998--PanAmerican
BanCorp (NASDAQ BB - "PRWT") announced today that its wholly-owned
subsidiary, PanAmerican Healthcorp, entered into a letter of intent
with National Health & Safety (NASDAQ BB - "NHLT") to commence a
national healthcare services joint venture.

HAUPPAUGE, N.Y.--(BUSINESS WIRE)--March 4, 1999--The Insider
Trading division of PanAmerican BanCorp (OTC-PRWT) reported
overwhelming response to the first Insider Trading Seminar held in
Boca Raton, FL this past weekend.

HAUPPAUGE, NY (March 10) BUSINESS WIRE -March 10, 1999--PanAmerican
BanCorp announces that it has been assigned the new equity symbol
"PABN" and commenced trading on the Over The Counter Bulletin Board on
March 8, 1999.

MANAGEMENT TEAM:

John Schmitz, Chairman and CEO
john@panambancorp.com

Ray Gamble, CEO, PanAmerican Health Corp
rgamble@panambancorp.com

Charles Vaccaro, Director/President IT
cvaccaro@panambancorp.com

Joseph Sanker, CEO, Affordable Housing Group Ltd.
joesanker@panambancorp.com

Dave Williams, Director/President Realty Money Center
dwilliams@panambancorp.com

Merv Rosenfeld, PanAmerican Interactive
merv@panambancorp.com

Douglas Taylor, PanAmerican Interactive
dtaylor@panambancorp.com

William Black, President, PanAmerican Internet Group
wblack@deao.com

Laura Bykowski, Managing Director, PanAmerican Internet Group
laurab@deao.com


You did not forget about the thrift did you?

Thursday, March 11, 12:01am Eastern Time
Company Press Release
PanAmerican BanCorp Signs New Venture
FOR IMMEDIATE RELEASE

Hauppauge, NY - March 11, 1999--PanAmerican BanCorp (OTC:BB-PABN, formerly PRWT) announced today that it has entered into a joint venture with FirstStates Financial Services Corp. Under the terms of the agreement, PanAmerican and FirstStates will file to form a federally chartered thrift institution and offer a wide variety of financial services for the new millennium, including nation-wide mortgages, CDs, and other banking services. This joint venture is expected to effectively position PanAmerican BanCorp in the banking industry, bringing the added value of credit, risk solutions and banking services under one roof. This joint venture will also provide liquidity to the divisions of PanAmerican BanCorp.

John Schmitz, CEO, PanAmerican BanCorp, said, "We're extremely excited to have FirstStates on board with PanAmerican. FirstStates lends additional stability and rounds out the PanAmerican BanCorp portfolio. We have ambitious plans for the thrift, including moving toward being a true Internet-based bank."

Ken Christian, President of FirstStates is targeted to assume the responsibility of Chief Financial Officer of PanAmerican BanCorp. Most recently, Christian was Senior Vice President/Chief Retail Policy and Risk Officer for CoreStates, a $50 billion superregional bank, where he was responsible for $10 billion retail and small business portfolios. Christian has over 29 years experience in the banking industry, including executive positions with two of the largest banks in the United States.

Other executives of FirstStates working with PanAmerican are Leo F. Doyle Jr., Esq., and Willard T. Bullock. As one of the founding partners with the law firm Doyle, Whelan & Doyle, Doyle has an extensive background in representing financial institutions in banking regulation and legal matters. His clients include regional lenders and several of the largest commercial banks in the United States. Doyle will begin the process of licensing the thrift immediately.

Bullock is a 25 year veteran of consumer and mortgage banking, and was most recently Deputy Chief Retail Policy and Risk Officer at CoreStates. An expert in delinquency and risk management, Bullock will be responsible for all collection and back room activities at FirstStates and will be tapped to head the construction to permanent mortgage division for PanAmerican BanCorp through RMC, a wholly owned subsidiary of PanAmerican.

FirstStates is dedicated to serving its clients with the most advanced technology available. FirstStates can solve lending, credit and delinquency problems, including consulting and outsourcing for: risk management, retail/mortgage collections, ORE management, small business workout, mortgage underwriting compliance, CRA lending, retail bankruptcy solutions and municipal tax collection. FirstStates is headquartered in Norristown, PA, a suburb of Philadelphia. This location allows FirstStates to serve the entire East Coast with plans to strategically open loan-production-centers in the Midwest and on the West Coast within the next two and a half years.

DID I LEAVE ANYTHING OUT?

Oh yes a bargain at this price! Buy back in!

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext