To: ColleenB who wrote (128 ) 7/28/1999 3:19:00 AM From: jhild Read Replies (1) | Respond to
Meet the Management Meeting July 20th 1999, Part IICharles_Vaccaro } The detail of how to start an IT franchise will be contained in the UFOC (Uniform Franchise Offering Circular) Charles_Vaccaro } Which will be available with the franchise program rollout Question } {waikikian } ..When will marketing in the rest of the country begin? Charles_Vaccaro } Marketing will begin in the next 6-12 months Question } {marcos114 } Which states have IT been licensed in? Is Washington State ready to go? BillB } check the IT website BillB } wash is approved Question } {boomx2 } Can you give us the number of clients/customers using IT? Charles_Vaccaro } We do not feel it is in our best interest to provide our competition with information about our trading volume Question } {acid } are the sites making money? Charles_Vaccaro } That information will be available in the audited financial statement Question } {allrich } How does IT plan on advertising to public ? Charles_Vaccaro } IT will a multimedia mix of Internet, Print and appropriate Broadcast vehicles. Marketing will focus on our free seminars and our open houses with an ad campaign approx. 2 weeks prior to the event Question } {phiane } When can we expect a formal press release on the internet use of Insider Trading? Charles_Vaccaro } Internet use of Insider Trading is currently active Question } {PCModem } Is there any synergy between the plans for I-T and for DEAO? BillB } DEAO will be a vehicle for the marketing of ALL Panamerican products and services Question } {billboy } When IT be available in Texas? Charles_Vaccaro } The broker dealer has applied for licensing and it is expected in the next 30 days Question } {Briar } You can't answer a stockholders question about how many clients you (we) have? How would this information help your competitors? BillB } By informing our competitors of our market share we can and would be aiding them in their marketing techniques. this question has been answered. Question } {fishforeve } what do IT offers that other brokers don't and why should i use IT over other companies? Charles_Vaccaro } IT offers exceptional trading and support programs. Most competitors focus on the trading services and software which are similar company to company Charles_Vaccaro } IT is committed to creating a system that supports and enhances a traders ability to learn and succeed Question } {barbs } Are there still plans to open IT in Vegas? If so do you have a date? Charles_Vaccaro } Las Vegas is one of the markets that are under serious consideration Question } {GUIDO } Do you have any VC interest? Charles_Vaccaro } Not at this time, however we have not been looking for VC Question } {ragani } Why havn't IT commercials been seen on CNBC as announced? Charles_Vaccaro } IT commericals air in the markets where we have an IT office open- currently Long Island, NY and Boca Raton, Florida Question } {shazzam } Do you expect to be fully functional in all 50 states by end of 2001 Charles_Vaccaro } Yes, we do Question } ] {curiosity } "That information will be available in the audited financial statement," you say. GREAT. When can we expect that? Really, this time? BillB } Once again, ask Ken Christian in the next meeting. Question } {djthiel } Mr. Vaccaro, Can you explain if/how/when IT will target potential customers from outside your physical locations? i.e. trading from home? Charles_Vaccaro } Online trading is currently available where the broker dealer is licensed. Check the IT web site for the updated list Question } {seefus } How do I convince the naysayers that IT has a future? Charles_Vaccaro } They are welcome to visit any of our current locations Question } {wegrew } who do you consider to be your top 3 competitors ? Charles_Vaccaro } We are competiting with other firms that specialize in active day trading. Question } {HevyTrader } and how will IT continued to be marketed, through Television advertisment, Magazines? Charles_Vaccaro } Marketing will focus on free seminars, and open houses with an ad campaign implemented approx. 2 weeks prior to the event Charles_Vaccaro } Marketing plans are in development at this time Question } ] {troy77 } Will you be hitting franchise trade shows to promote IT franchises? Charles_Vaccaro } Yes, specific trade shows will be part of our marketing plan Question } ] {jrmagco } What is the split with Gold Country? Charles_Vaccaro } There is no split- Gold Country Securities is the broker dealer through which IT customers transact their trades Charles_Vaccaro } We are looking into clearing our trades through other broker dealers in addition to Gold Country Question } {Chasbo } Is IT expected to be the most lucrative of PABN's divisions? Charles_Vaccaro } We anticipate postive growth in all of PABNs divisions Question } {dvwilliams } Will you comment on IT expansion over seas, particularly into Asia... Charles_Vaccaro } We are looking to expand IT into all overseas markets, including Asia Question } {AL } When do you expect DEAO to be up and running to promote all services of PABN Question } {JCNelson } how soon will IT be in Wyoming.. BillB } Please focus ONLY on IT questions BillB } see the IT website for states approved Question } } (Apollo) What more can you tell us about your collaborative effort with PCQuote, than what is posted on your site? Charles_Vaccaro } We are presently working very closely with PC Quote to enhance the system and make it more user friendly Question } {seefus } When will the next free seminar be? Charles_Vaccaro } The next seminar will be after Labor Day, most likely in Garden City, NY Question } {PCModem } What is the current size of the Day-Trading Industry, and what kind of growth do you see over the next 5 years in that industry. What market share do you expect I-T to have of that growth over the next 5 years. Charles_Vaccaro } Day Trading is expected to grow by 500% in the next 5 years. We expect to capture a significant portion of that market Question } {Briar } How do you rate the responses to your TV commercials? Charles_Vaccaro } Response to our TV commercials have been great- our seminars are standing room only BillB } we will begin voicing the entire room shortly, please, keep your questions directed to IT Question } {acid } will there be more than one IT in a larger market area? Charles_Vaccaro } Yes, as need be Ed } You may now speak freely Question } {bernie724 } Does IT encourage Daytrading of PABN? Charles_Vaccaro } Currently, you can not trade BB stocks with IT Stocktogo } Will they be company owned or franchised out? Charles_Vaccaro } IT will have both company-owned and franchised locations, depending on the market Question } {Coop } Is the "net" from each trade still around $11? bernie724 } Ohh lot I know about Daytrading :) Question } {bronc } Question for Bill Black, Do you honestly feel this Company answers questions head on with out sliding off of them ? waikikian } Do you have indication of success rate of IT daytraders vs. competitors? comtec1 } can we or will we be able to trade pennies through IT ? troy77 } Have you sold any franchises yet??? Question } {sleep } will IT offer trading in foreign securities? Stocktogo } What o/o do you expect from your franchised locations [14:49] {sleep } this penny offer more than any other? GETREAL } What is the current float today? BillB } we answer all questions that are cogent to the current discussion Charles_Vaccaro } Regarding franchises, we have had inquiries but we can't release any information until the UFOC is completed comtec1 } sorry saw question was asked finkel96 } this was a horrible format ruby } what does cogent mean troy77 } Have you sold any franchises yet? flacracker } you havent answered mine! acid } lol finkel96 } none of my questions were answered Charles_Vaccaro } We can not comment on franchises until the UFOC is completed, which should be soon troy77 } Thank you Charles xyz } e BobR } You should answer questions you created from last "cogent" discussion! wegrew } UFOC, how soon, target date ? l888l } pabn will be awesome Charles_Vaccaro } All questions will be addressed after the meeting, in the log on the web site SHAREHOLDERS } WE ARE A LITTLE BIT UPSET WITH MANY OF YOUR RESPONSES, WE FEEL THAT YOU ARE INSULTING OUR INTELLIGIENCE WITH MOST OF THEM. BillB } What questions? bernie724 } "no comment" can you comment? xyz } why is the pricing structure complicated Charles_Vaccaro } We hope to have the UFOC complete by September 1999 BillB } we feel yelling doesn't help Namder } good chat. can't wait for next one. adios. GETREAL } Why are none of the SHARE count questions answered SHAREHOLDERS } sorry, didn't mean to type in caps Koodama } I agree, your responses are very condescending and of little substance BillB } thanks for your support flacracker } i only asked it twice. this is a joke! wegrew } thank u wegrew } on ufoc BillB } go ahead comtec1 } will it handle ecn over the web ? bernie724 } the shares are on the web site. SHAREHOLDERS } can u respond to questions more directly? curiosity } yelling doesn't help. Neither does ducking questions about the failure to file proper financials after all this time. BillB } ecn's yes Charles_Vaccaro } Yes, ECN will be traded over the Internet BobR } Mgt. should be embarrassed to treat shareholders this way. xyz } can IT transaction pricing be a little bit more straight foward? comtec1 } thank you dninvest } what is your forecast of depend on success Charles_Vaccaro } Financial questions can be addressed next month with Ken Christian FiNnZ } I think i speak for all shareholders when I say that these meetings look very poor for the company if the management can hardly answer any of our questions. Otherwise it may be a good idea to skip this chat becuase nothing really is learned here BillB } All financial questions will be answered in the next mtg. as announced a number of times ruby } happy birthday finnZ waikikian } Are any other IT sites planned or are the rest to be franchised? sleep } will PRWT losers be prosecuted under sec rules? GETREAL } With what money LOL acid } Ken is in for a long meeting !!!! FiNnZ } thanks ruby curiosity } management is doing this. This is pretty good. Failure to file or EXPLAIN the problem with financials is truly the big issue.djthiel } disagree FiNnZ comtec1 } what is the average number of traders at th Garden City office ? Charles_Vaccaro } new IT sites will be both franchised and IT company owned
