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

To: LegalBeast who wrote (4292)	7/2/1998 7:09:00 PM
From: LegalBeast	Respond to of 43774

NEW YORK--(BUSINESS WIRE)--June 1, 1998--Purewater Sciences International Inc. (OTC BB:PRWT - news) announced today that it is merging with PanAmerican BanCorp. (PanAm). Purewater also announced that the planned merger with Visual Interactive Phone Concepts Inc. is off. Instead, PanAm and Visual have entered into a strategic alliance in order to bring Visual's patented technology into the mortgage industry. PanAmerican BanCorp. is an international mortgage banking and finance company. Being the first entity licensed, through it's subsidiary, Affordable Housing Group, Ltd., to operate a mortgage company in Belize, Central America, PanAm is poised to exploit the immense potential brought about through NAFTA. The Central and South American markets are clamoring for affordable ways to purchase and finance homes. Through the cooperation of the Belize Government, the company is able to bring mortgage banking into Central America. Using Visual's Videophone Mailbox Facility System (VIMF) PanAm is able to open virtual offices anywhere there is a dial tone! All the processing and back office work can be done from the company's Hauppauge or Las Vegas office, while originations can be from as far away as Belize or as close as the local real estate agent. This exciting new strategy will allow almost seamless expansion into new markets. PanAmerican's business plan calls for nationwide coverage for most types of financing, i.e. residential, commercial, leasing, etc. The plan further looks to the new markets abroad. 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 manangement. 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. Contact: Investor Relations, 516/232-2221

To: LegalBeast who wrote (4292)	7/2/1998 7:10:00 PM
From: LegalBeast	Respond to of 43774

NEW YORK--(BUSINESS WIRE)--June 24, 1998--PanAmerican BanCorp/Purewater (NASDAQ: OTC:PRWT) announced today the acquisition of Access Wall Street, a firm that provides state-of-the-art securities trading for investors. The newly acquired company offers an all inclusive system that provides Level II market maker and exchange data, real-time quotes, news, charts, historical data, portfolio management and an extremely fast order execution system enabling investors by means of ECNs (Electronic Communications Network) to post bids and offers that are displayed throughout the financial community. The system provides for immediate execution on the NASDAQ as well as other listed exchanges rather than routing orders to third party intermediaries. This enables trade execution and confirmation of orders in a matter of seconds. Additionally, it provides the individual investor the ability to execute trades between the spread, achieving further savings over most currently available trading systems. Originally developed to handle high-end, large volume trading and/or institutional stock traders, today, this innovative system can be accessed via the Internet as well as through Local and Wide Area Networks, and is the most enhanced application of its type offered over the Internet. The company is dedicated to bringing the most technologically advanced trading system to the individual investor and expects substantial growth in the near future. PanAmerican BanCorp/Purewater (PRWT) has acquired Access Wall Street in exchange for already-issued shares of the company so there is no dilution of PRWT shares. Access Wall Street is projected to add about $1.5 million in monthly revenues to PRWT or an additional $18 million a year. Net income is projected at $6 million a year. Look for further strategic alliances and acquisitions shortly. 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 such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results. Contact: PanAmerican BanCorp/Purewater Investor Relations 516/232-2221

To: LegalBeast who wrote (4292)	7/2/1998 7:12:00 PM
From: LegalBeast	Respond to of 43774

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 - news) 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. Contact: PanAmerican Bancorp Investor relations, 516/232-2221