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

To: Buster who wrote (3)	8/14/1998 2:16:00 PM
From: jhild	Respond to of 188

Press Release: Business Wire - June 24, 1998 10:45 PanAmerican BanCorp Acquires Access Wall Street NEW YORK--(BUSINESS WIRE)--June 24, 1998--PanAmerican BanCorp/Purewater (NASDAQ: OTC:PRWT) announced today the acquisition of Access Wall Street, a firm that provides state-of-the-art securities trading for investors. The newly acquired company offers an all inclusive system that provides Level II market maker and exchange data, real-time quotes, news, charts, historical data, portfolio management and an extremely fast order execution system enabling investors by means of ECNs (Electronic Communications Network) to post bids and offers that are displayed throughout the financial community. The system provides for immediate execution on the NASDAQ as well as other listed exchanges rather than routing orders to third party intermediaries. This enables trade execution and confirmation of orders in a matter of seconds. Additionally, it provides the individual investor the ability to execute trades between the spread, achieving further savings over most currently available trading systems. Originally developed to handle high-end, large volume trading and/or institutional stock traders, today, this innovative system can be accessed via the Internet as well as through Local and Wide Area Networks, and is the most enhanced application of its type offered over the Internet. The company is dedicated to bringing the most technologically advanced trading system to the individual investor and expects substantial growth in the near future. 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. 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 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/Purewater Investor Relations 516/232-2221

To: Buster who wrote (3)	8/14/1998 2:17:00 PM
From: ISOMAN	Read Replies (1) \| Respond to of 188

Here is what I dug up about Belize after the government release: MINISTRY OF HOUSING AND URBAN DEVELOPMENT Hubert Elrington Cargo: MINISTER OF HOUSING Tel.: (501)-245381/270402 Fax: (501)-232601 Here is the email confirmation from the builder of the homes PanAmerican is building. PM me with your email address and I'll forward i to you sometime tonight if you want it. >From giovanni@btl.net Mon Jul 27 11:06:22 1998 From: "Business Computer Systems" <giovanni@btl.net> 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 -----Original Message----- To: giovanni@btl.net <giovanni@btl.net> Date: Monday, July 27, 1998 7:08 AM Subject: panamerican bancorp >Good morning. I was wondering if you could help me out. > >I understand that you are building some homes with a company called >PanAmerican Bancorp. I was wondering if you could direct me to some more >information about those homes. Possibly a site map, or a brochure. > >I thank you for any help you can give me. > > Here is the website for the developer. Nice little drawing of the subdivision too. Pristines main web page belize.com Location belize.com Pictures belize.com Sketch of subdivision belize.com description belize.com

To: Buster who wrote (3)	8/14/1998 10:27:00 PM
From: jhild	Read Replies (1) \| Respond to of 188

The text of the Belize Government release from the Ministry of Home Affairs and Housing. I am repeating a more precise link that Buster gave earlier along with the text, in case it becomes dated and removed from their site. belize.gov.bz BELMOPAN, 16 July, 1998. -(BIS)- It has come to the notice of the Ministry of Home Affairs and Housing that a certain foreign company by the name of `PAN AMERICAN BAN CORPORATION' is advertising on the internet that it is in the process of conducting mortgage banking in Belize through its wholly-owned subsidiary "Affordable Housing Group Ltd". A press release from the company further states that it has already received some six thousand mortgage applications from Belizean citizens and that the Government of Belize has guaranteed these mortgages. The Ministry of Home Affairs and Housing wishes to inform the public that the Government of Belize is in no way associated with this company nor has it given the company any mortgage guarantees. While the Government of Belize welcomes foreign investment, it will give its official approval to an investment project only after it has satisfied itself of the viability and genuineness of the project. The Ministry is not aware of any mortgage applications being processed by this company nor of any licence having been issued to the company by the Central Bank of Belize to conduct mortgage banking. Members of the public are therefore advised to exercise due prudence and diligence before making any investment with this company.