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


To: ColleenB who wrote (38559)6/22/1999 7:30:00 AM
From: ColleenB  Respond to of 43774
 
Insider Trading

The first television commercial for our Garden City[.] Long Island office of nsider Trading began airing on Monday, December 7, 1998 on Cablevision (CNBC-Nassau County-Channel 24) at random times throughout the day. Insider Trading provides both on premises and remote trading capabilities, including real-time quotes, news, charts and historical data, time and sales, portfolio management tickers, Level J)[sic] market maker and exchange date and an extremely fast order execution system. The response to this commercial by active day traders has been overwhelming. The Garden City site is now correctly equipped at full capacity with thirty-two (32) trading stations. An in-house seven day course is available to investors wishing to trade. The Boca Raton, Florida office has been built and is currently being staffed with twenty (20) trading stations. This new office is expected to be operational in the first quarter of 1999. There are also plans for a third office in Las Vegas. Insider Trading charges its clients an[sic] a per trade basis-[.] The Company expects to realize $11 per trade on an after cost basis and expects approximately 8,000 trades a month per office. However, since the Garden City office has now become fully operational, these estimates appear to be conservative.

PanAmerican Healthcorp

In its first full month of operation, PanAmerican Healthcorp has been retained by six separate healthcare companies to provide billing and management services. Each company currently bills $1,000,000 annually with PanAmerican anticipating earnings of approximately 5-8%. One of these companies is one of New York's largest medical groups which manages over 300 doctors and 20 clinics in Nassau, Suffolk and Queens Counties. The Company hopes to continue to sign providers at a steady rate.

PanAmerican Healthcorp is also dedicated to developing and introducing new technology for the medical marketplace. On December 4, 1998 the Company announced that it has[sic] entered into a contract with National Health & Safety for an exclusive marketing and management arrangement for all products. PanAmerican Healthcorp will provide expansion capital and marketing to incorporate National Health's POWERx Medical Benefits Network into PanAmerican Patient Alliance of America. The agreement with National Health & Safety includes the national marketing of a new cancer detection technology for which NHS recently acquired the exclusive North American rights. The new technology is a soft tissue ultra-sound scanner (Longport Scanner).

The Patient Alliance, scheduled to be launched in January of 1999, will forge a national alliance between healthcare service providers and patients, reducing the cost of healthcare to patients, regardless of their medical history. Patient Resource Center, a consumer patient advocate association is also scheduled to launch in a similar timeframe. Patient Resource Center will provide individual consumers with the value added benefits available under the Patient Alliance program through a unique membership organization.

Additionally, PanAmerican Healthcorp has the exclusive North American and South American licensing rights to a new product called Electronic(TM) a billing technology for physicians. This product will commence beta testing in the first quarter of 1999. Electronic

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