PanAmerican BanCorp (PABN) - News Only Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) - News Only

PABN 0.00001000

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Mar 7 3:00 PM EST

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To: ColleenB who wrote (90)	5/25/1999 8:08:00 AM
From: ColleenB	of 188

Company update... April 13th April 13, 1999 From the desk of John Schmitz Trading Volume of PanAmerican BanCorp, Inc. Shares Hits Record High - Over 100 Million Shares PanAmerican BanCorp, Inc. (OTC:BB PABN) announced today that trading of PABN shares reached a new record high today, trading over 100 million shares OTC:BB. At market close today there were approximately 124 million shares traded and stock value was up approximately 109% from market opening as reported by Yahoo! Finance. "We are pleased to see the stock move as it did today," said John Schmitz, Chairman and CEO of PanAmerican BanCorp. “As we continue to build our revenue base and revisit the internal cost structure, we feel optimistic that the stock will be recognized as a good investment in one of the hottest industries.” PanAmerican BanCorp was initially formed to take advantage of undeveloped niches in international mortgage banking and to provide technologically advanced applications for the mortgage industry. Since then, PanAmerican BanCorp has branched into other endeavors, including: PanAmerican Healthcorp; Insider Trading, a security trading system for sophisticated investors; the development of a “dot com” division known as PanAmerican Internet Group; a joint venture with FirstStates Financial Services Corp. to form a federally chartered thrift institution; and a recently announced agreement with Healthwyz, Inc. to market the DigiBill™ product in North and South America.

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