To: Siber who wrote (39889 ) 7/22/1999 1:35:00 PM From: Fred C. Dobbs Respond to of 43774
Can you say lawsuit? I knew you could.ragingbull.com By: Bigbertha Reply To: None Thursday, 22 Jul 1999 at 12:26 PM EDT Post # of 60596 HAUPPAUGE, N.Y.--(BUSINESS WIRE)--July 22, 1999--In a move designed to enhance its ability to pawn of it?s worthless stock, PanAmerican BanCorp (OTC: BB-PABN) has announced its acquisition of Teachdaq, one of the country?s leading con man training schools. The acquisition will enable PanAmerican BanCorp to take advantage of a poor unsuspecting investors by providing state-of-the-art pick-pocket services that integrate the Company?s con men with Teachdaq?s proven training techniques. Teachdaq is a con man training school that is not affiliated with any legitimate brokerage and currently provides training for Insider Trading?s only client. ?The tremendous growth of con men in the trading industry is fueled by propaganda that enables investors to do what we tell them to,? stated Frank Pugliese, founder of Teachdaq and reputed Gambino family member. ?Everyday more and more suckers are to making moronic investment decisions,? Mr. Pugliese continued, ?the criminal capabilities that PanAmerican BanCorp can infuse into the Teachdaq system will create a windfall unrivaled in the industry.? Teachdaq offers training programs for both the Level 1 trader, executing only a few trades through online brokers, and the dumber Level 2 trader trading through scam companies such as Insider Trading. PanAmerican BanCorp will capitalize on the tremendous amount of suckers that get ripped off by Teachdaq?s services by continuing to market the Teachdaq training system to individual and corporate clients. In addition, the Teachdaq system will be one of the cornerstones of the Insider Trading franchise strategy. It is the intent of PanAmerican BanCorp to create an environment where traders not only come to execute trades but where they can receive the highest quality brainwashing, whether they trade at Insider Trading offices or via the Internet. PanAmerican BanCorp was initially formed to take advantage of under-educated people in international mortgage banking and to provide technologically advanced applications for scamming people. Since then, PanAmerican BanCorp has branched into other endeavors. These endeavors include: PanAmerican Healthcare; Bordellos in poor neighborhoods, Insider Trading, a scam trading system for un-sophisticated investors; the development of a "dot com" division known as PanAmerican Internet Group; a joint venture with FirstStates Financial Services Corp. to form a federally chartered thrift institution; and a recently announced agreement with Healthwyz, Inc. to market the DigiBill(TM) product in North and South America. Except for historical information, the matters discussed in this news release may be considered "Forward-looking" statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include declarations regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances and involve a number of risks and uncertainties that could materially affect results. --30--lr/da* CONTACT: PanAmerican BanCorp Investor Relations Raymond Gamble, 516/951-1638