To: Scottoo who wrote (39477 ) 7/9/1999 10:48:00 PM From: jhild Read Replies (1) | Respond to of 43774
As a sequel to the year of evasion over the filing of their financials (See: #reply-10323913), I have drawn together other official quotes from PABN/PRWT sources: August 3 1998 - Purewater's filings are almost ready and our accountants are busy consolidating the several new sets of books. #reply-9740000 Several sets of books? I am left wondering which set they will actually disclose. March 26, 1999 - I am pleased to report we are well on our way to becoming a fully reporting company. To date, we have had our accountants thoroughly examining each division to insure its' compliance with FASB accounting methods. #reply-9740929 Just think how much closer they would be if they would just file Form 10, instead of these gyrations with delaying even their pro forma statements to their own web site. April 6, 1999 - We are near the completion of our internal review and audit. Each division has been held accountable for any and all monies advanced to it. We are putting together consolidations interim statements showing our complete financial picture. I think the outlook is positive. #reply-9740741April 30, 1999 - FINANCIALS ========================= Our accounting team is in the process of preparing our first series of financial statements and they are expected to be complete and disclosed by the end of the second quarter. http://www.panambancorp.com/investor/financials.htmlJune 29, 1999 - HevyTrader: 3 John which quarters will be reported in these financials John_Schmitz: Hevy: financials will be proforma, historical will cover one year we've been in biz: july 98-june 99 John_Schmitz_2: Captialization stage is when we capitalize the company to carry out the business plan. John_Schmitz: fianancials will cover ALL the subsids and will be comprehensive #reply-10322069 Oh, phew. Comprehensive pro forma statements. What a relief. Oaktree: In what form with the financials be released John_Schmitz: Oaktree: what do you mean "in what form"- we think currently accepted accounting proceedures Life2Short: confidence level for on-time financials next week 1 -10 (10 equals highest) John_Schmitz_2: Life2Short: We're a 10. You can count on it. #reply-10322248July 9, 1999 - PanAmerican BanCorp has conferred with financial experts to affirm and confirm that the concept and theory behind the revenue numbers in our financial pro forma are valid. panambancorp.com I suppose we may have to wait until August to get any answers here though: July 2, 1999 - Then in August we will have Ken Christian live, so all your questions about our financials can be addressed. panambancorp.com