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: Coral4pH_dot_com who wrote (31168)	4/7/1999 11:19:00 AM
From: ColleenB	Read Replies (1) of 43774

The truth is that we have mega evidence (along with photos) of this aggressive and growing company. Photos... we have photos of two prefab homes. Nothing like what was projected in this press release back in July. Oh, let's not even mention the fact that the Belize Government issued warnings out to investors regarding PABN's claims. Turns out PABN never went through the proper channels to conduct mortgage business in Belize, but that's not what the PR says. NEW YORK--(BUSINESS WIRE)--July 8, 1998-- The first 800 of some 6,000 mortgage applications from Belize citizens are being processed. The first closings are expected in late August or early September. Most borrowers are government workers or other civil servants and employees of large Belize companies. The home foundations have been laid out and the models will be completed as scheduled; inauguration of the sub-division is set for September. The government of Belize has backed the program and investors have committed to fund $10,000,000 in mortgages monthly beginning immediately. #reply-5499340 Sooo, what's massive and aggressive about this?

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