Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: myturn who wrote (6931)	7/20/1998 9:08:00 PM
From: KareBear	Respond to of 43774

Reason, I bought back at .011 and I'm holding this penny for at least a year if not 2 or 3. I have 125,000 shares and I'm not selling until this thing is at a dollar or two. All of these people that are selling now like the R-man are stupid. This thing isn't moving enough to daytrade. Now if it would have shot up to .50 of .60 today I may have sold a few shares and then bought back in at a lower price but, I like a slow steady pace on the way up better. Regardless of what happens tomorrow or the next day this stock will go up. JMHO Jamey

To: myturn who wrote (6931)	7/20/1998 10:06:00 PM
From: Scottey	Respond to of 43774

Hi Everybody! There's been plenty of confirmed information and informed projections already posted on the PRWT threads. However, these posts often get lost among all our other posts. I felt that it was time to update the header of the Information thread and include the addresses of "the best" posts. I have some picked out already, but could use some help. If anyone has been keeping track of the most useful posts, could you post those favorites to me? I'd like to update the header as soon as possible. Looking to attract new investors! Thanks, Scottey

To: myturn who wrote (6931)	7/20/1998 10:17:00 PM
From: ISOMAN	Respond to of 43774

I was just looking at the insider trading fee schedule. If they think they are only going to make 18 million in gross sales, they need a better accountant. I think a zero should be added to those projections as in 180 million. Take a look: Charges and Fees Our rate for a trade begins at $21.95. Exchanges or ECN's may add additional fees depending on the "avenue" the trade takes. We take you immediately to the best possible execution for your trade. Additional fees that may be applicable for trading and account activity include: ARCA $0.0005/share (minimum of $.50/trade) ATTN $0.015 per share BLOOMBERG $0.015 per share INSTINET $0.0075 per share ISLAND $0.0025 per share LISTED $0.01 per share REDI $0.015 per share * SOES* $0.50 per trade (1000 shares or less only on NASDAQ) SOES cancels are $0.25 per occurrence There is a $10.00 extra fee per call in trade. Bulletin Board trades up to 50,000 shares/order Funds must be available in account for completion of trade $40 You must have a minimum account balance of $5,000 of which $1,000 must be in cash. Margin Interest 8.75% annually. Fees for Mutual Funds Load Funds The fee for load funds is contingent upon the fee charged by each mutual fund administrator. Insider Trading does not add additional fees to those administered by the mutual fund administrator. No-Load Funds Principal Amount Fees Assessed $0 to $10,000 $40 $10,001 to 20,000 $50 $20,001 to 50,000 $60 $50,001 and over $80 Other Transaction Fees Account maintenance fees for non-trading or special service charges may be applicable, Buy In / Sell Out $20 Cashiering Fees: Late Payment: $15 plus interest (2% over the base rate to calculate margin interest) Prepayment: $15 plus applicable interest Returned Checks: $25 plus interest from the earlier of either settlement date or date of deposit Stop Payment within 10 business days $15 Extra Statement Copies: $7.50 IRA Fees: Annual Fee: $50 Termination Fee: $50 Overnight delivery: Market Rate Priority Mail Post transaction cancels and corrections: $15 per re-issued confirmation Registry and Delivery of Physical Certificates: $15 Reorganizations: Non-Mandatory (tender warrant exercise, etc.) $35 per item per account Transfer Fees: Delivery of ACAT and DTC: $25 Receipt of ACAT and DTC: $5 Legal transfer: $35 Foreign Security transfer/ACAT: $50 - (Dependent upon country of origin) Wire Transfers: $25 Non-U.S Wire Transfer: $50

To: myturn who wrote (6931)	7/20/1998 10:24:00 PM
From: ISOMAN	Read Replies (1) \| Respond to of 43774

summary page of my perceptions of PanAmerican BanCorp Pan American Bankcorp Web Site panambancorp.com Insider Trading web site (division of Panambancorp..formerly access wall street) insider-trading.net Recent News Releases newsalert.com 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. 120,000,000 in mortgage money first year. origination fee = $6,000,000 management fee 2,400,000 (app due to fee based on outstanding balance) total 8,400,000 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. 500,000,000 in mortgages approximately (20000 x $25,000) origination fee = 25,000,000 management fee = 10,000,000 (app) total = 35,000,000 PanAmerican BanCorp will receive an origination fee in Belize approximating 5% and an annual servicing fee of 2% on the mortgage portfolio balance 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. gross income 18 million Total potential gross income from projected business = 61,400,000 gross earnings per share = 0.1137 cents per share assume 30% net retained earnings as indicated in above quote from press release (access Wall street 18 million gross sales, 6 million net sales = 30% retained) net earnings per share = .0341 cents per share eps ratio of 5 = .17 cents per share price indicated eps ratio of 10 = .34 eps ratio of 20 = .68 Incorporation Records sos.state.nv.us Name: PANAMERICAN BANCORP Type: Corporation File Number: 13454-1998 State: NEVADA Incorporated On: June 09, 1998 Status: Articles Filed Corp Type: Regular This corporation is in good standing. Resident Agent: KELLY L. TURNER (Accepted) Address: 245 E. LIBERTY ST SUITE 200 RENO NV 89501 currently no sec filings (incorporated June 9, 1998) authorized 750 million shares Total O/S 540 million shares estimated float 165 million