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

To: Daniel Miller who wrote (4520)	7/6/1998 8:15:00 PM
From: MIKE URBAN	Read Replies (1) \| Respond to of 43774

I am still holding from $0.01. I will not sell until this stock passes $10.00. Go PRWT

To: Daniel Miller who wrote (4520)	7/6/1998 8:19:00 PM
From: xbrent	Read Replies (1) \| Respond to of 43774

I have read a number of recent posts from people who bought below .02 I give them alot of credit for stamina. They sound like people who are convinced that the company is on the right track and that the stock will go far higher than the high of .12

To: Daniel Miller who wrote (4520)	7/6/1998 8:55:00 PM
From: Style Writer	Read Replies (1) \| Respond to of 43774

Daniel, Still holding and for good reason. Another Press Release tomorrow and this today - PRWT - PanAmerican Bancorp recently reversed merged into Purewater Services and is an international Mortgage Banking and Finance Company. Its wholly owned subsidiary, Affordable Housing Group. Ltd., is the first foreign company to be licensed to conduct mortgage banking in the country of Belize. Under the PRWT program in Belize, homes will be financed at GNMA rates plus 5 1/2% or 11 1/4% with a 20% down payment. Loans are guaranteed by the government of Belize. Loans approximate $25,000 to $33,000 each and will be primarily to Belize citizens living in the U.S. purchasing retirement homes and to government employees living in Belize City. The government of Belize has backed the program and insurance company investors have committed to fund $10,000,000 in mortgages monthly beginning immediately. The Company has already received 6,000 approved mortgage applications from the housing ministry in Belize and is currently processing the first 800 of these applications. Most of the initial applicants work for the government or hold other civil service positions. The first loans will close later this month or in early August. An Affordable Housing Group, Ltd. Web site will be operational shortly. The Company will receive an origination fee approximating 5% and an annual servicing fee of 2% servicing fee on the mortgage portfolio balance, a very lucrative fee schedule for originating, warehousing and servicing government guaranteed mortgage loans. A second division will originate mortgage and equipment loans on a national basis. This division will operate through a network of 10,000 real estate offices and brokers using Internet Videophones and software patented by Visual Interactive Phone Concepts, Inc.("Visual"). Using Visual1s Videophone Mailbox Facility System, the Company is able to open virtual offices anywhere there is a dial tone. All the processing and back office work is done from the company1s Hauppauge or Las Vegas office. The Videophone is a combination of a digital phone, a keyboard, a credit card swipe and a display screen for the presentation of text, voice and visual images. A camera, printer and fax are additional options. The videophone based at a user station is connected to a central data center. One button initiates an interactive on-line session with user friendly screens. Functions include Internet access, home shopping, on-line banking, brokerage and leasing services, spreadsheet processing and viewing of vacation resorts and department store catalogues. The marketing potential of these and other products is enormous. The system also replaces the need for a PC and no computer skills are necessary. In June 1998, the Company acquired a trading firm that provides state-of the-art securities trading for investors. The acquisition was made entirely for already-issued shares of PRWT. The new 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.