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


To: ISOMAN who wrote (9324)7/28/1998 11:16:00 AM
From: AF  Respond to of 43774
 
Here, lizard, lizard, lizard.......... i think i need a bigger BOX!



To: ISOMAN who wrote (9324)7/28/1998 11:24:00 AM
From: Buster  Read Replies (2) | Respond to of 43774
 
Isoman,

500mil in closing does not equate to 500mil in sales.

5% closing fee?

.05 X 500mil = 25mil in revenue.

If we use 5% origination fee
25mil in revenue is not bad.

Anybody out there in the morgaging business that can
give us a rough guestimate on revenues and profit?

Buster