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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?

To: ColleenB who wrote (38069)	6/15/1999 8:38:00 AM
From: Observer	Read Replies (2) \| Respond to of 43774

ColleenB. Not even a nice try! According to the links you provided it appears it was Dave Williams who was being paraphrased. Also, the following shows that the interests of PABN would not have been served by further pursuit of a merger with RMC. "April 1, 1999 From the desk of John Schmitz I would like to take the opportunity to inform our PABN shareholders as well as other interested parties that PanAmerican BanCorp has recently decided to forgo pursuing opportunities with Realty Money Center, Inc. Regrettably, this decision was difficult to make, however, it simply became evident that the mission and objectives of this opportunity were not congruent with those of BanCorp, and consequently, not in the best interest of the company. In light of this, PanAmerican BanCorp renews our dedication to pursuing our goals of building a solid foundation for BanCorp and being fiscally responsible in order to provide the best value and a good return for our shareholders." Let's look at the entire document to which you are referring and see it for the outdated information it provides. By: JT Reply To: 1625 by PCModem Friday, 18 Sep 1998 at 4:57 PM EDT Post #1628 of 43354 Have not posted in awhile because I am personally tired of the BS,the web site has been updated by the way! But to move on to another part of the company Just talked to Dave Wiliams with Realty Money Center. According to him they have a Letter Of Intent to merge with PanAmerican.It seems that John got a little ahead of himself when they put out the press release about the merger. Dave said that there was still some work needed to be done on getting the name free and clear that is what the shareholder meeting is supposed to be about. Dave said that they have a SCC attorney working on it as we speak and as soon as it is done if it is not already done the merger will go through with no problem! jhild Dave does indeed have offices in all of the stated places and intends to open offices next to all of Insider Trading offices. He said it seem the smart thing to do to save money on rent seeing how they are in the same company. The Video Phones are working and Dave hopes to have them up and running by January.He also said that when they come in they can be approved in about 40 minutes using the Video Phones. After talking with Dave I personally feel DAM good about my investment in this company! So I suggest to people to give them time at least until the shareholder meeting that should clear all this up. From conversations that I have had it was brought to my attention that this was the first time John has brought a company public and the person that was advising him did not do a very good job of it thus the problem with not having a completely free title to the company. I was also told that they were minor details and that they will not effect anything other than to change the time frame that things are done. So in conclusion INSIDER TRADING is up and running Dave has seen the office and says it looks impressive they also have a Letter Of Intent in Vegas to build office there. Realty Money Center will be done deal as soon as the title to company is cleared up. Dave DID NOT FORSEE ANY PROBLEMS WITH THE MERGER simply getting all i's dotted and t's crossed. I personally am holding LONG! JT