Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: jdcpa who wrote (14945)	10/5/1998 7:39:00 PM
From: jdcpa	Read Replies (4) \| Respond to of 43774

Spoke to Giovanni Smith today in Belize about Affordable Housing Group and PanAmerican Bancorp presence there. He told me that typically Belize citizens pay an interest rate of 18 - 19% or higher on fixed rate mortgages. He said that Affordable Housing Group mortgages are "the best thing that can happen to Belize". He stated that people were very excited about Affordable Housing's attractive interest rate. Giovanni has a potential of 1,800 lots in Ridge Lagoon Estates and said it was a very good subdivision because of the elevation of the land. The model homes erected by PanAmerican will create much more progress toward the completion of this subdivision. There has been a lot of interest by Belize/American citizens wanting to retire back in Belize. Mr. Smith stated that events reported in the Top Dog summary of the Grand Opening were true. (He wasn't able to verify specific conversa- tions if he wasn't present.) The ministers from Belize were there and stated that they were very encouraged by the project. They had discussions that day with John Schmitz and were not aware of the negative government press release that was on the internet. Mr. Smith verified that Affordable Housing Group is looking all over Belize for other locations for housing. He said they have a great market with these Belize/American citizens and everyone will profit from their mortgage program.