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

To: jhild who wrote (39866)	7/21/1999 2:07:00 PM
From: ColleenB	Read Replies (1) \| Respond to of 43774

Here's a list of the questions and answers that more accurately depict the wording of the MTM that took place yesterday. Please note that only questions pertaining to IT were entered in this "replay". The investor has since acknowledged that editing the text they way he did does give a completely different impression than the mood that encompassed the meeting. Q1: Is IT going international? A1: IT has every intention of going international. Q2: Where do you see IT in 6 months? A2: We hope to increase 200% in size over the next 6 months. Q3: How many states is IT licensed in? A3: we are licensed in approximately 35 and remaining states will be completed in the next 30 days. We want to clarify IT doesn't need to be licensed. Gold Country Securities needs the license. Gold Country is getting the licenses. Q4: What are IT's competitive advantages? A4: IT caters to the active sophisticated day traders, we also offer a sophisticated trader support system. Q5: Any input on pro forma? A5: Pro forma issues will be addressed in the next meeting. Q6: When can we expect a formal PR on the internet use of IT? A6: In the near future--we cannot be more specific. Q7: Is IT going to be building recognizable trading locations or will trading be primarily from rental space? A7: IT offices will be in highly visible retail facilities. Q8: Could you clarify the relationship of Gold Coast and PABN? A8: Gold Country not Gold Coast is the broker dealer through which IT's customers trades are transacted through. Q9: Any comment on IT's move into the "traditional" online trading arena? Also, could you comment on IT's introducing different rate plans for level 2 service? A9: We are gearing ourselves to the active, sophisticated day trader. We're focusing on this target audience. Q10: Why is company being so evasive and not answering questions? A10: We are answering questions, which is why we're having a meeting like this, to be accessible to our investors and the general public. Q11: Can you give us an update on DigiBill and status of entering NASDAQ? A11: We cannot comment on DigiBill in this forum. Q12: When are financial going to be released? I am not referring to the proforma that was already released. A12: Once again questions about financials will be answered in the next meeting. Please focus on IT questions only. Q13: Are there 16 or 32 stations set up at IT? A13: There are 32 stations in Garden City and 20 in Boca Raton, with expansion capability to 34. Q14: How many insider sites in how many cities do you expect by the end of 2001? A14: That depends on the success of our franchise operation. Q15: What differentiates IT from other companies? A15: Again we focus on active day traders. We are focusing on creating a branded professional environment for this target. Q16: When can we expect a formal PR on the internet use of IT? A16: Please read the transcript. In the very near future--sorry we can't be more specific. Q17: Will online trading be enhanced? A17: We are fully functional with online trading and it will be enhanced as technology allows us. Q18: How many clients do you have now and how much do you see that number growing in the next year? A18: We do not want to answer this questions--we don't want to give our competitors any information about our services. Q19: Any plans to spin-off IT? A19: Not at this present time. Q20: How will IT benefit the stockholders short and long term? A20: The value of IT contributes to the value of the corporation. Q21: What is the average number of trades per day for all of IT? A21: The average number of trades is 20 per person per day. Q22: If I wanted to open my own IT office, how would I go about it? A22: The detail of how to start an IT franchise will be covered in the UFOC - Uniform Franchise Offering circular, which will be available with the franchise program rollout. Q23: When will marketing in the rest of the country begin? A23: Marketing will begin in the next 6 to 12 months. Q24: Which states have IT been licensed in. Is Washington state ready to go? A24: Check the IT website. Washington is approved. Q25: Can you give us the number of clients/customers using IT? A25: We do not feel it is in our best interests to provide our competition with information about our trading volume. Q26: Are the sites making money? A26: That information will be available in the audited financial statement. Q27: How does IT plan on advertising to the public? A27: IT will be a multimedia mix of internet, print and appropriate broadcast vehicles. Marketing will focus on our free seminars and open houses with an ad campaign, approximately 2 weeks prior to the event. Q28: When can we expect a formal PR on the internet use of IT? A28: Internet use of IT is currently active. Q29: Is there any synergy between the plans for IT and DEAO? A29: DEAO will be a vehicle for the marketing of ALL PanAmerican products and services. Q30: When will IT be available in Texas? A30: The broker dealer has applied for licensing and it is expected in the next 30 days. Q31: You can't answer a stockholder's question about how many clients you (we) have. How would this information help your competitors? A31: By informing our competitors of our marketing share we can and would be aiding them in their marketing techniques. This has been answered. Q32: What does IT offer that other brokers don't, and why should I use IT over other companies? A32: IT offers exceptional trading and support programs. Most competitors focus on the trading services and software which are similar company to company. IT is committed to creating a systems that supports and enhances a trader's ability to learn and success. Q33: Are there still plans to open IT in Las Vegas, and if so do you have a date? A33: Las Vegas is one of the markets that are under serious consideration. Q34: Do you have any Venture Capital interest? A34: Not at this time, however we have not been looking for VC. Q35: Why haven't IT commercials been seen on CNBC as announced? A35: IT commercials air in the markets where we have an IT office open--currently Long Island, NY and Boca Raton, FL. Q36: Do you expect to be fully functional in all 50 states by the end of 2001? A36: Yes, we do. Q37: "That information will be available in the audited financial statement", you say. GREAT. When can we expect that? Really, this time? A37: Once again, ask Ken Christian in the next meeting. Q38: Can you explain if/how/when IT will target potential customers from outside your physical locations i.e., trading from home? A38: Online trading is currently available where the broker dealer is licensed. Check the IT web site for the updated list. Q39: How do I convince the naysayers that IT has a future? A39: They are welcome to visit any or our locations. Q40: Who do you consider to be your top 3 competitors? A40: We are competing with other firms that specialize in active day trading. Q41: How will IT continue to be marketed, through TV advertisement, magazines? A41: Marketing will focus on free seminars and open houses with an ad campaign implemented approximately 2 weeks prior to the event. Marketing plans are in development at this time. Q42: Will you be hitting franchise trade shows to promote IT franchises? A42: Yes, specific trade shows will be part of our marketing plan. Q43: What is the split with Gold Country? A43: There is no split -- Gold Country Securities is the broker dealer through which IT customers transact their trades. We are looking into clearing our trades through other broker dealers in addition to GC. Q44: Is IT expected to be the most lucrative of PABN's divisions? A44: We anticipate positive growth in all of PABN's divisions. Q45: Will you comment on IT expansion overseas, particularily in Asia? A45: We are looking to expand IT into all overseas markets including Asia. Q46: What more can you tell us about your collaborative efforts with PC Quote than what it posted on your site? A46: We are presently working very closely with PC Quote to enhance the system and make it more user friendly. Q47: When will the next free seminar be? A47: After Labor Day most likely in Garden City, NY. Q48: 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 marketshare do you expect IT to have of that growth over the next 5 years? A48: Day Trading is expected to grow by 500% in the next 5 years. We expect to capture a significant portion of that market. Q49: How do you rate the responses to your TV commercials? A49: Response to our TV commercials has been great--our seminars are standing room only. Q50: Will there be more than one IT in a larger market area? A50: Yes, as need be. IT will have both co-owned and franchised locations depending on the market. Q51: Does IT encourage day trading of PABN? Q51: Currently you cannot trade BB stocks with IT. Q52: Regarding franchise… A52: We have had inquiries but we can't release any information until the UFOC is completed. We cannot comment on franchises until the UFOC is completed which shall be soon. ragingbull.com ragingbull.com