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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (4050)	6/11/1998 3:31:00 PM
From: Rock_nj	Read Replies (1) \| Respond to of 8798

PRWT News (see below) - Merger Completed!!! BSNS WIRE) Purewater/PanAmerican Bancorp to Begin Funding Mortgages in Purewater/PanAmerican Bancorp to Begin Funding Mortgages in Central America in Late Summer Business Editors NEW YORK--(BUSINESS WIRE)--June 11, 1998--Purewater Sciences International Inc. announced the completion of the merger with PanAmerican BanCorp, an international mortgage and finance company. PanAmerican/Purewater (NASDAQ: PRWT) announced the start of their first major subdivision in Belize. The slab foundations are being poured this month and model homes will be ready for the September inauguration. During the month of September, Belizeans celebrate their independence. PanAmerican has chosen then to start taking the first applications for mortgages. The company has over 300 qualified, interested people looking to buy homes in Belize. This first subdivision will total some 1800 homes with Phase I covering approximately 500 homes. The pass-thru certificates totaling $10 million being issued to fund these loans have already been placed in the secondary market, subject to final documents. The final documents and language will be in place by the expected October closings. Once the first wave is accomplished, PanAmerican expects to issue more certificates to fund the estimated $150 million plus in mortgage money needed in Belize alone. PanAmerican BanCorp intends to continue to participate and grow in the expanding global mortgage markets, as well as the growth mortgage markets in 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 performance and involve a number of risks and uncertainties that could materially affect actual results. --30--bk/ny* CONTACT: PanAmerican Bancorp Investor relations, 516/232-2221 KEYWORD: NEW YORK INDUSTRY KEYWORD: BANKING REAL ESTATE MERGERS/ACQ

To: TokyoMex who wrote (4050)	6/11/1998 3:46:00 PM
From: Wayne Rumball	Read Replies (1) \| Respond to of 8798

TGSK, looks like the MM's might just let it go in the last 15 minutes, started moving

To: TokyoMex who wrote (4050)	6/12/1998 12:09:00 AM
From: Baghul	Read Replies (1) \| Respond to of 8798

Another one that is extremely undervalued and had a valid breakout today is ESMC another medical company ESMC develops, markets and distributes ophthalmic medical devices and pharmaceuticals. For the quarter ending 12/97, revenues rose 6% to $2.9 million. Net income totalled $51 thousand vs. a loss of $927 thousand. Oustanding shares 2.7 M Floating shares 1.4 M Book Value 1.48 Price 1.16 P/Book = 0.7! P/Sales = 0.48! I wouldn't be too hard to go through the float on this one Here is some latest news biz.yahoo.com