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


To: jhild who wrote (12794)8/28/1998 11:53:00 AM
From: StandFast  Read Replies (1) | Respond to of 43774
 
Still awaiting answer. Don't question other people's posts if you can't support your own.

Please back up your statement with proof, please do not try to redirect the question.

<<no arrangement and the first Press Release was a lie.>>

Please post verification of your statement or are you trying to mislead?

The following post was not a valid answer, you are basically saying, "i'm doing it cause someone else is", please argue with facts.

Your repeated posts to avoid the question:

To: StandFast (12697 )
From: jhild Wednesday, Aug 26 1998 5:18PM ET
Reply # of 12732

Hey my speculation is every bit as valid as ColleenB's. You don't ask her for proof, because you and so many others want so desperately to believe that version. When you offer links to back up your speculations, then we will have all advanced toward getting at the real story.

To: StandFast (12667 )
From: jhild Wednesday, Aug 26 1998 10:51AM ET
Reply # of 12696

Hey my speculation is every bit as valid as ColleenB's. You don't ask her for proof, because you and so many others want so desperately to believe that version. When you offer links to back up your speculations, then we will have all advanced toward getting at the real story.





To: jhild who wrote (12794)8/28/1998 11:58:00 AM
From: J T  Read Replies (1) | Respond to of 43774
 
It is more PROOF than you have been able to produce!

Other than showing us your ability to say the same thing in numerous ways.
What are going to do when everything works out for PRWT?

Are you going to post numerous posts APOLOGIZING for your NEGATIVE posts?

JT



To: jhild who wrote (12794)8/28/1998 12:32:00 PM
From: barbara sperino  Read Replies (1) | Respond to of 43774
 
Affordable Housing is a WHOLLY owned subsidiary of PRWT.
You might want to read over this again.

International Mortgage Banking

Through a wholly owned subsidiary, Affordable Housing Group. Ltd., PanAmerican BanCorp is the first foreign company to be licensed to conduct mortgage banking in the country of Belize. There is currently a need to finance 6,000 new homes in Belize of which PRWT has agreed to commit to an initial subdivision of 1,800 homes. Mortgage financing rates in Belize are currently 18% with a 50% down payment requirement. Under the PRWT program in Belize, homes will be financed at GNMA rates plus 5 1/2% or 11 1/4% with a 20% down payment. Loans approximate $33,000 each and the initial 500 loans will be primarily to Belize citizens living in the U.S. and purchasing retirement homes. This makes underwriting simple. Pan American Mortgage will receive fees approximating 5% and an annual 2% servicing fee on the mortgage portfolio balance. The total project in Belize will ultimately involve 6,000 homes. The company is examining establishing similar programs in other Central American and Caribbean countries.