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


To: ISOMAN who wrote (2)8/14/1998 2:13:00 PM
From: Buster  Read Replies (3) | Respond to of 188
 
Here is a link to Belize gov't press releases

belize.gov.bz



To: ISOMAN who wrote (2)8/14/1998 2:13:00 PM
From: jhild  Respond to of 188
 
Press Release: Business Wire - June 11, 1998 15:08

Purewater/PanAmerican Bancorp to Begin Funding Mortgages in Central
America in Late Summer

NEW YORK--(BUSINESS WIRE)--June 11, 1998--Purewater Sciences International Inc. announced the completion of the merger with PanAmerican BanCorp, an international mortgage and finance company.

PanAmerican/Purewater (NASDAQ: PRWT) announced the start of their first major subdivision in Belize. The slab foundations are being poured this month and model homes will be ready for the September inauguration. During the month of September, Belizeans celebrate their independence.

PanAmerican has chosen then to start taking the first applications for mortgages. The company has over 300 qualified, interested people looking to buy homes in Belize. This first subdivision will total some 1800 homes with Phase I covering approximately 500 homes.

The pass-thru certificates totaling $10 million being issued to fund these loans have already been placed in the secondary market, subject to final documents. The final documents and language will be in place by the expected October closings. Once the first wave is accomplished, PanAmerican expects to issue more certificates to fund the estimated $150 million plus in mortgage money needed in Belize alone. PanAmerican BanCorp intends to continue to participate and grow in the expanding global mortgage markets, as well as the growth mortgage markets in America.

Except for historical information, 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 any 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



To: ISOMAN who wrote (2)8/14/1998 2:35:00 PM
From: jhild  Respond to of 188
 
Press Release: Business Wire - July 20, 1998 11:54

Insider Trading Website Up

NEW YORK--(BUSINESS WIRE)--July 20, 1998--PanAmerican BanCorp/Purewater (NASDAQ OTC: PRWT) announced today the opening of Insider Trading's web site.

Insider Trading offers a securities trading system which employs state-of-the-art computer hardware and software to instantly provide investors real-time market data and an extremely fast order execution system. Insider Trading's enhanced Internet application provides immediate execution on the NASDAQ as well as listed exchanges. Internet orders are routed directly to the exchanges enabling trade execution and confirmation of orders in a matter of seconds. No more routing orders to third party intermediaries. The web-site will allow everyone to open accounts, download software, and begin trading on the new system. The web-site address is insider-trading.net.

Access Wall Street Inc. is not related in any way with Wall Street Access, which we understand is also a brokerage firm. Wall Street Access has not been acquired by, or has any connection with PanAmerican Bancorp, which presently is the parent company of Access Wall Street Inc. Due to the confusion that we understand has been caused by the similarity in the names Access Wall Street Inc. and Wall Street Access, we, Access Wall Street Inc. have elected to change the name under which we will conduct operations to Insider Trading.

CONTACT: PanAmerican BanCorp
Investor Relations, 516/232-2221