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

To: Hopefull7 who wrote (7153)	7/21/1998 10:57:00 PM
From: Roger Bodine	Read Replies (1) \| Respond to of 43774

Hopefull, I emailed them with similar questions two weeks ago. Still waiting. But not hopeful. Roger

To: Hopefull7 who wrote (7153)	7/22/1998 12:10:00 AM
From: DealMaker	Read Replies (2) \| Respond to of 43774

Hopefull: Just to clarify, PRWT doesn't own the videophone company.....rather, they are in a strategic alliance with the videophone company; see biz.yahoo.com PRWT is getting the videophones from COM:PORT International located in Canada. COM:PORT is actually the mfg's agent for the videophone which is manufactured in Asia......they market the unit under the name "TeleCenter".......once everything is in place, PRWT is supposed to pull the trigger on up to 5,000 TeleCenter units. The units are actually like a laptop with a telephone handset attached; configuration includes a 486/100 processor, 16MB RAM, B&W or Color Screen, PCMCIA ports, 28.8 modem, and a magnetic strip reader. The value of the videophone is not so much the features, etc., but the market that it is applied to.....in this case, primarily mortgage brokering. Anybody can buy a unit and say they have a videophone ...but PRWT has the custom application written for the mortgage banking business available on the videophone, as well as the back-end operations that actually does the mortgage processing in a centralized location.......that's the value. JMHO. DM