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

To: jhild who wrote (24297)1/26/1999 3:48:00 PM
From: ColleenB  Read Replies (1) | Respond to of 43774
 
It is currently combining all of its other mortgage holdings including its branches now under different names into one name of Realty Money Center.

I have always found this statement lifted from the October 9th release confusing. What branches and and what DIFFERENT names?



To: jhild who wrote (24297)1/27/1999 1:33:00 AM
From: issme  Read Replies (3) | Respond to of 43774
 
Lets just do a little figuring on this RMC deal, If They close
$800,000,000 a year in loans here is the Gross profit for PAN AMERICAN.

$800,000,000 loaned
$35,088,918.76 =1st years interest @ %8
$10,526,67.28 =1st years gross profit figuring %3 profit

>>>ISSME<<<


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