To: firstman who wrote (545 ) 10/27/1998 1:18:00 PM From: jdcpa Read Replies (2) | Respond to of 1129
I spoke to Charlie Vaccaro, President, Insider Trading this morning. First, I would like to quote Gus Leodas, former President of Purewater Sciences, Inc. He told me last week, "Every member of the PanAmerican Bancorp management team is a superstar. The company will be very successful as a result of their efforts." For those of us that don't live in New York, the Insider Trading facility in Garden City, NY is in one of the best possible locations. The building that houses Insider Trading is in the parking lot of the second largest shopping mall in the United States. There are freeways from all directions leading to this location. Besides the area used for Insider Trading on the third floor of this building, there is also 10,000 square feet of additional space available on the fifth floor for expansion. The filming of the CNBC commercial will be this week and it will air five times a day in one to two weeks. It will be seen initially in the New York area. The facility will be completely operational on Thursday. The trading lounge will accommodate 30+ traders. The program is state of the art allowing traders to become market makers. The software allows stock buyers to purchase at the bid, thus saving a tremendous amount of money over the course of the year. Insider Trading has applications to become licensed in all fifty states, effective January, 1999. There is an annual fee paid to each state whether a stock brokerage company begins in January or December The company is looking at 2,000 accounts by the end of next year. Besides current advertising, the company is finalizing advertising as a banner on the PC Quote Inc. web site. Insider Trading is also in talks with "Stock Genie" for advertising. There will be a five day basic course available for $995.00 as training for the Insider Trading software and in basic trading skills. A reception will be held at the Insider Trading facility in Garden City for all of the divisions of PanAmerican Bancorp. Boca Raton Center is scheduled to be operational in three to four weeks. The company has chosen two sites in Las Vegas and will lease one of them shortly to begin construction. The goal is to have trading centers all across the country. There is a marketing plan in effect for enhancements to the Insider Trading web site which has been receiving an immense amount of hits recently. The future appears very bright for this company.