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To: STRTYZ who wrote (369)	9/23/1998 10:47:00 PM
From: STRTYZ	Read Replies (1) \| Respond to of 931

PRWT MEETING INFORMATION SHEET 5:Continuation The Meeting: Got off on a rough start this morning, With the original PRWT share holders not knowing what was going on. A bit of a shouting match was started by the old investors was quickly calmed down when our own. ERRAFF from the PRWT thread. Who stepped forward to explain to the old shareholders that he himself held a large number of shares from the old company. Mr. John Schmitz then stepped forward calmly and explained in detail what, how and why they were doing this. He also greatly extended himself by explaining the benefits to the parties involved. The PANBANCORP attorney Mr Joel Schonfeld further clarified the legal issues that were brought up during the question and answer session. Including who were the stock transfer agents, which is Central Stock Transfer Inc. At 1-212-509-4000. They are responsible for notification of the old shareholders regarding the meeting held today. He stated that they had purchased 400,000,000 shares of the total 700,000,000 posted by the old PRWT. By purchasing these shares and the company shell they would be able to merge the PANBANCORP into this old shell thus create a new company and put new life into the company. After hearing what Mr. Schmitz had to say, and reviewing all the information available, the old share holders voted unanimously to all three of the questions put forward: Name change of the company to PANBANCORP. Election of the new Board of directors. The purchase of the PANBANCORP. by PRWT respectfully. Only a select few knew that during the past few months there was activity on the stock. Which caught most of the shareholders present by surprise. Knowing that their original company has been inactive for the past 8 years. After hearing all that the CEO and his officers had to say they left the meeting very pleased and happy to know that the Panbancorp was going to trade out their old shares one for one. One of the big questions raised by the old shareholders was how can they go about purchasing more shares while the price was still low and quoted to be .02 during that time in the meeting.

To: STRTYZ who wrote (369)	10/8/1998 11:54:00 AM
From: myturn	Read Replies (1) \| Respond to of 931

CLWK announces 20 million in funding! Thursday October 8, 10:00 am Eastern Time Company Press Release SOURCE: ClearWorks Technologies ClearWorks Initiates $20 Million Fund Raising Effort ClearWorks to Proceed on Capital Raising Effort to Support Expansion Program HOUSTON, Oct. 8 /PRNewswire/ -- ClearWorks (OTC Bulletin Board: CLWK - news) announces that it has initiated a fund raising effort for $20 million in new capital to support the company's expansion program. ClearWorks has signed a contract with Houston Capital Group to provide $20 million in new funding, which will enable the company to open remote offices in six major market cities. ClearWorks is a leading provider of information technology, offering state of the art solutions for voice, data and video communications. The $20 million in capital will support an expansion effort by ClearWorks into new major market areas. The company intends to open offices in support of it's residential technology initiatives for providing home automation and consumer voice, data and video products nationwide. ''Our residential programs for home automation and voice, data and video are truly unique'' stated Mr. McLeroy, President of ClearWorks. ''With this capital we will take the next step in providing solutions to other major market areas''. Houston Capital Group under contract with ClearWorks will provide the $20 million in new capital. ''We are pleased to have an opportunity to work with ClearWorks'' stated Candy Hightower the company's President. ''We are excited about the opportunity to be of help in providing funding for the technology of the future, today.'' This release contains certain forward-looking statements which involve known and unknown risks, uncertainties or other factors not under the company's control which may cause actual results, performance or achievements of the company to be materially different from the results, performance, or other expectations implied by these forward-looking statements. For more information, contact Michael T. McClere at (281) 999-5511; or at mmcclere@clearworks.net. ClearWorks Technologies, Inc., 505 N. Belt Suite 140, Houston, Texas 77060. SOURCE: ClearWorks Technologies More Quotes and News: ClearWorks Technologies Inc (OTC BB:CLWK - news) Related News Categories: telecom