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

To: Lucky Charm who wrote (38254)	6/17/1999 6:59:00 PM
From: William Hayden	Read Replies (4) \| Respond to of 43774

This daily news summary brought to you by The Reporter Newspaper <http://www.bze.net/reporter> and Naturalight Productions <http://www.bze.net>. Copyright 1998 The Reporter - All rights Reserved. This Naturalight Productions service is for personal use only. Commercial use or redistribution in any form, printed or electronic is prohibited. Please send questions or comments about the news to report@btl.net. Comments or problems about this news service to bcbnews-support@bze.net. Information about this service and other Internet services including website design and hosting available at info@bze.net. --------------------------------------------------------------------- * Headline Retraction The Reporter wishes to retract the report sent to e-mail subscribers on Wednesday about Pan American Bancorp. Pan American Bancorp is a joint venture partner with Affordable Housing Group Limited, a locally registered Belizean company, which is engaged in a housing project at Ladyville in a new subdivision called Ridge Lagoon Estate. Pan American Bancorp owns 49 percent of Affordable Housing Group Limited. The other 51 percent is owned by Mr. Joe Sanker of Los Angeles, California. Mr. Sanker has produced documentary evidence to show that both Affordable Housing Group Ltd. and an associate company called Alph's National Building Society are registered entities with corporate status in Belize. Alph's National Building Society was registered in Belize on August 9, 1998. Affordable Housing Group Limited was registered on February 27, 1998. Reporter retracts completely and unconditionally the negative things it said about Pan American Bancorp and apologizes to its directors and to Mr. John Schmitz, its CEO. ** ------------------------------------------------ To subscribe, send a blank message to reporternews-on@mail-list.com To unsubscribe, send a blank message to reporternews-off@mail-list.com To change your email address, send a message to reporternews-change@mail-list.com with the other address in the Subject: line