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

To: AF who wrote (6911)	7/20/1998 6:04:00 PM
From: RichSnoopy	Read Replies (2) \| Respond to of 43774

Alton, have you talked to the minister of finance yourself? it would be worrisome if he doesn't know about PRWT. pls let me know this is very importnt thanx also regarding videophone i've written a post days ago listing the companies that have a videophone on the market; seems prwt has very tough competition; Connectix at connectix.com 8x8 at 8x8.com Murphy Software at murphysw.com Videophone.net at videophone.net Magicxpress at magicxpress.com Kocom at ns.kocom-intl.co.kr here's what New York Times wrote about videophones: The irony, of course, is that videophone technology moreproperly belongs to the mother's generation than to her sons'. First introduced by AT&T at the 1964 World's Fair, videophones -- sometimes called "granny phones" -- are perhaps the longest-running source of disappointment for the consumer electronics industry. While expensive videoconferencing systems using costly, high-speed data lines have found some acceptance in the corporate world, the market for home videophones, the Holy Grail of gadgets, is a battleground littered with four decades of failures by some of the world's biggest names in electronics and telecommunications" i would not expect anything to come out of the videophone business no bashing just FACT because this is my last post for today =( i want to suggest if anyone from the company is reading these threads, bottled water is the fastest growing segment of beverage industry and PRWT has the name to match; snoopy

To: AF who wrote (6911)	7/20/1998 7:33:00 PM
From: Currency	Respond to of 43774

Alton, John is going to answer everybody's questions very soon on the Belize deals. Give it time. I suspect we'll see a real killer PR and in addition, there will be a lot of info put out on the company web site like pictures of the signings and videophones in addition to the answer to the questions. So, give it time. Kevin

To: AF who wrote (6911)	7/22/1998 5:50:00 PM
From: MoneyMade	Read Replies (4) \| Respond to of 43774

PURE ENGLISH READ CLOSELY... PanAmerican BanCorp Secures Belize Arrangement Business Wire - July 08, 1998 16:16 NEW YORK--(BUSINESS WIRE)--July 8, 1998--PanAmerican BanCorp (PRWT), which recently merged with Purewater Sciences International Inc., has announced that the first mortgage applications have been received from Belize. 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. The first 800 of some 6,000 mortgage applications from Belize citizens are being processed. The first closings are expected in late August or early September. Most borrowers are government workers or other civil servants and employees of large Belize companies. The home foundations have been laid out and the models will be completed as scheduled; inauguration of the sub-division is set for September. The government of Belize has backed the program and investors have committed to fund $10,000,000 in mortgages monthly beginning immediately. PanAmerican BanCorp will receive an origination fee in Belize approximating 5% and an annual servicing fee of 2% on the mortgage portfolio balance - a very lucrative fee schedule for originating warehousing and servicing government guaranteed mortgages. PanAmerican BanCorp expects the mortgages in Costa Rica to be larger than anticipated. John Schmitz, CEO of PanAmerican BanCorp, will return to Costa Rica in late summer to further arrangements to provide mortgages to the 20,000 new homes under the government guarantee program. Loans are approximately $25,000 to $30,000 each. 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 Investor Relations 516/232-2221 MY QUESTIONS ARE: A]HOWEVER, WHY HAS THIS STOCK BEEN GOING DOWN ON GOOD NEWS? B]HOW DID THE CO. COME INTO THE POSITION TO OFFER 500,000,000 SHARES OUTSTANDING AND WHAT DID THEY DO WITH THE MONEY?? C]LANCE HOW DID YOU KNOW I SENT AN EMAIL OUT EARLIER???