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: jhild who wrote (37479)	6/4/1999 7:27:00 AM
From: ColleenB	Read Replies (1) of 43774

John has just gotten back from Buenos Aires. It seems we will be doing mortgages there very soon. should have a pr on this in near future. Think this is how he plans to do so? 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. #reply-8258919 I'm not sure about the very soon part of the above statement if this is the mechanism. A few posters on the ravingbully have outlined some of what is involved in becoming a thrift and this is quite a lengthy process, years in the making. But oops, looking back at this, I see this cannot be the mechanism... as the PR says the thrift would allow them to make Nation-wide mortgages and nothing about international mortgages.

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