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


To: ColleenB who wrote (30052)3/26/1999 5:25:00 PM
From: Coral4pH_dot_com  Read Replies (2) | Respond to of 43774
 
"I don't think the company plans on buying up the float."

"I do think the company plans on buying up the float." .. or Barbara Sperino and friends???

I guess we'll have to see.

I see a thriving multi-faceted company that needs to get some solid, supportable press releases out, because our speculations are just that! However, no one can deny the company appears extremely aggressive in the rapid growth category...




To: ColleenB who wrote (30052)3/27/1999 8:19:00 AM
From: Lucky Charm  Read Replies (2) | Respond to of 43774
 
Sure, they're using shares as collateral for acquisitions (not one completed to date), but they just issue more shares to do this. Why buy them from the market when it's easier and cheaper for the company to print more?

Suuuuuuuuuuuuure Colleen!!! You know if you would take me up on my April 23 invitation, you might be able to see it for yourself !!!

I'm not real sure Colleen, but I believe they call this "Insider Trading" and I think they have an office in Boca... atleast I did see something... a or so I think, but just to be sure, I'm gonna check out the one in NY and talk to that fictitional character Bill Black!

(PR NEWSWIRE) DJ: PanAmerican BanCorp Acquires Access Wall Street
DJ: PanAmerican BanCorp Acquires Access Wall Street

NEW YORK--(BUSINESS WIRE)--June 24, 1998--PanAmerican BanCorp/Purewater
(NASDAQ: OTC:PRWT) announced today the acquisition of Access Wall Street, a
firm that provides state-of-the-art securities trading for investors.
The newly acquired company offers an all inclusive system that provides
Level II market maker and exchange data, real-time quotes, news, charts,
historical data, portfolio management and an extremely fast order execution
system enabling investors by means of ECNs (Electronic Communications
Network) to post bids and offers that are displayed throughout the financial
community. The system provides for immediate execution on the NASDAQ as
well as other listed exchanges rather than routing orders to third party
intermediaries. This enables trade execution and confirmation of orders in a
matter of seconds. Additionally, it provides the individual investor the
ability to execute trades between the spread, achieving further savings over
most currently available trading systems.
Originally developed to handle high-end, large volume trading and/or
institutional stock traders, today, this innovative system can be accessed
via the Internet as well as through Local and Wide Area Networks, and is the
most enhanced application of its type offered over the Internet. The company
is dedicated to bringing the most technologically advanced trading system to
the individual investor and expects substantial growth in the near future.
PanAmerican BanCorp/Purewater (PRWT) has acquired Access Wall Street in
exchange for already-issued shares of the company so there is no dilution of
PRWT shares. Access Wall Street is projected to add about $1.5 million in
monthly revenues to PRWT or an additional $18 million a year. Net income is
projected at $6 million a year. Look for further strategic alliances and
acquisitions shortly.
Except for historical information, the matters discussed in this news
release may be considered "forward looking" statements, within the meaning
of Section 27A of the Securities Act of 1933, as amended, and section 21E of
the Securities Exchange Act of 1934, as amended. Such statements include
declarations regarding the intent, belief or current expectations of the
Company and its management. Prospective investors are cautioned that such
forward-looking statements are not guarantees of future performance and
involve a number of risks and uncertainties that could materially affect
actual results.

CONTACT: PanAmerican BanCorp/Purewater
Investor Relations
516/232-2221
10:30 EDT JUNE 24, 1998