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

To: myturn who wrote (9168)	7/28/1998 12:40:00 AM
From: ISOMAN	Read Replies (3) \| 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 610 million shares estimated float 165 million Pristines main web page belize.com Location belize.com Pictures belize.com Sketch of subdivision belize.com description belize.com and finally "Who they are" belize.com as I stated earlier, if you doubt the authenticity of the email from the president of Pristine builders , Giovani Smith, the builder as referenced by the American Embasy in Belize, then... Private Message me your email address, and I will forward you the email and you can respond to Giovani all you like. He can ignore anyone who becomes an idiot spammer, by blocking that persons email address. The email is from giovanni smith, not a computer company. The subdivision is the subdivision Panamerican is involved in. Pan American would not be on Giovani's website, since they are not related companies. Pristine is the owner/developer, and PanAmerican is the financier. Pristine is the company that has the licence to develop the property. There is no longer an issue here. If you are still concerned, I provided the phone number for the Minister of Home Affairs, Hubert Elrington, spend your $1 a minute to phone if you must. My ego does not require that you trust me. I merely gave you the lead to absolute truth. MINISTRY OF HOUSING AND URBAN DEVELOPMENT Hubert Elrington Cargo: MINISTER OF HOUSING Tel.: (501)-245381/270402 Fax: (501)-232601 NOW WHO ARE YOU GONNA TRUST, THE JOKER..... OR ISOMAN >From giovanni@btl.net Mon Jul 27 11:06:22 1998 Subject: Re: panamerican bancorp Date: Mon, 27 Jul 1998 09:09:30 -0500 X-MSMail-Priority: Normal X-Mailer: Microsoft Outlook Express 4.72.3110.1 X-MimeOLE: Produced By Microsoft MimeOLE V4.72.3110.3 We are PRISTINE DEVELOPMENT ENTERPRISES LTD (PDEL), and are not part of PanAmerican Bancorp or Affordable Housing Group (AHG). Our contribution to this project is that we are the land owners and developer. (www.belize/pristine.com) As far as we know: Affordable Housing Group is going ahead with their models (the home manufacturer was here in Belize, on the property, two weeks ago in discussions with the contractor). PanAm Bancorp/AHG is planning on financing the above homes. To us, this is a very good project as it will be fullfilling a need. It's hard to see anything going wrong with it if handled properly. We at PDEL are presently waiting for the homes to arrive in Belize in order for us to start erecting. Thanks Giovanni Smith President PDEL