So, in the past 9-10 months, what can John be credited with having accomplished?
NEW YORK--(BUSINESS WIRE)--Nov. 10, 1997--Purewater Sciences International Inc. (OTC: PRWT) announced that they and Visual Interactive Phone Concepts Inc. (VISUAL) will complete their announced merger subsequent to a private placement.
NEW YORK--(BUSINESS WIRE)--June 1, 1998--Purewater Sciences International Inc. (PRWT) announced today that it is merging with PanAmerican BanCorp. (PanAm).
NEW YORK--(BUSINESS WIRE)--June 11, 1998--Purewater Sciences International Inc. announced the completion of the merger with PanAmerican BanCorp, an international mortgage and finance company. PanAmerican/Purewater (NASDAQ: PRWT) announced the start of their first major subdivision in Belize.
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.
NEW YORK--(BUSINESS WIRE)--July 20, 1998--PanAmerican BanCorp/Purewater (NASDAQ OTC: PRWT) announced today the opening of Insider Trading's website.
NEW YORK--(BUSINESS WIRE)--July 28, 1998--PanAmerican BanCorp/Purewater (PRWT - NASDAQ) has acquired 100% of Realty Money Center for stock and other considerations.
NEW YORK--(BUSINESS WIRE)--Nov. 6, 1998--PanAmerican BanCorp is pleased to announce that it's wholly owned subsidiary, PanAmerican Healthcorp, has been retained by one of New York's largest medical groups to provide third-party billing management services. The medical group manages over 300 doctors and 20 clinics in Nassau, Suffolk and Queens counties.
HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Dec. 4, 1998--PanAmerican BanCorp (NASDAQ BB: PRWT) announced today the first television commercial for its Garden City, Long Island office of Insider Trading will begin airing on Monday, Dec. 7, 1998 on Cablevision (Nassau County - Channel 24) at random times throughout the day.
HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Dec. 7, 1998--PanAmerican BanCorp (NASDAQ BB - "PRWT") announced today that its wholly-owned subsidiary, PanAmerican Healthcorp, entered into a letter of intent with National Health & Safety (NASDAQ BB - "NHLT") to commence a national healthcare services joint venture.
HAUPPAUGE, N.Y.--(BUSINESS WIRE)--March 4, 1999--The Insider Trading division of PanAmerican BanCorp (OTC-PRWT) reported overwhelming response to the first Insider Trading Seminar held in Boca Raton, FL this past weekend.
HAUPPAUGE, NY (March 10) BUSINESS WIRE -March 10, 1999--PanAmerican BanCorp announces that it has been assigned the new equity symbol "PABN" and commenced trading on the Over The Counter Bulletin Board on March 8, 1999.
MANAGEMENT TEAM:
John Schmitz, Chairman and CEO john@panambancorp.com
Ray Gamble, CEO, PanAmerican Health Corp rgamble@panambancorp.com
Charles Vaccaro, Director/President IT cvaccaro@panambancorp.com
Joseph Sanker, CEO, Affordable Housing Group Ltd. joesanker@panambancorp.com
Dave Williams, Director/President Realty Money Center dwilliams@panambancorp.com
Merv Rosenfeld, PanAmerican Interactive merv@panambancorp.com
Douglas Taylor, PanAmerican Interactive dtaylor@panambancorp.com
William Black, President, PanAmerican Internet Group wblack@deao.com
Laura Bykowski, Managing Director, PanAmerican Internet Group laurab@deao.com
You did not forget about the thrift did you?
Thursday, March 11, 12:01am Eastern Time Company Press Release PanAmerican BanCorp Signs New Venture FOR IMMEDIATE RELEASE
Hauppauge, NY - March 11, 1999--PanAmerican BanCorp (OTC:BB-PABN, formerly PRWT) announced today that it has entered into a joint venture with FirstStates Financial Services Corp. Under the terms of the agreement, PanAmerican and FirstStates will file to form a federally chartered thrift institution and offer a wide variety of financial services for the new millennium, including nation-wide mortgages, CDs, and other banking services. This joint venture is expected to effectively position PanAmerican BanCorp in the banking industry, bringing the added value of credit, risk solutions and banking services under one roof. This joint venture will also provide liquidity to the divisions of PanAmerican BanCorp.
John Schmitz, CEO, PanAmerican BanCorp, said, "We're extremely excited to have FirstStates on board with PanAmerican. FirstStates lends additional stability and rounds out the PanAmerican BanCorp portfolio. We have ambitious plans for the thrift, including moving toward being a true Internet-based bank."
Ken Christian, President of FirstStates is targeted to assume the responsibility of Chief Financial Officer of PanAmerican BanCorp. Most recently, Christian was Senior Vice President/Chief Retail Policy and Risk Officer for CoreStates, a $50 billion superregional bank, where he was responsible for $10 billion retail and small business portfolios. Christian has over 29 years experience in the banking industry, including executive positions with two of the largest banks in the United States.
Other executives of FirstStates working with PanAmerican are Leo F. Doyle Jr., Esq., and Willard T. Bullock. As one of the founding partners with the law firm Doyle, Whelan & Doyle, Doyle has an extensive background in representing financial institutions in banking regulation and legal matters. His clients include regional lenders and several of the largest commercial banks in the United States. Doyle will begin the process of licensing the thrift immediately.
Bullock is a 25 year veteran of consumer and mortgage banking, and was most recently Deputy Chief Retail Policy and Risk Officer at CoreStates. An expert in delinquency and risk management, Bullock will be responsible for all collection and back room activities at FirstStates and will be tapped to head the construction to permanent mortgage division for PanAmerican BanCorp through RMC, a wholly owned subsidiary of PanAmerican.
FirstStates is dedicated to serving its clients with the most advanced technology available. FirstStates can solve lending, credit and delinquency problems, including consulting and outsourcing for: risk management, retail/mortgage collections, ORE management, small business workout, mortgage underwriting compliance, CRA lending, retail bankruptcy solutions and municipal tax collection. FirstStates is headquartered in Norristown, PA, a suburb of Philadelphia. This location allows FirstStates to serve the entire East Coast with plans to strategically open loan-production-centers in the Midwest and on the West Coast within the next two and a half years.
DID I LEAVE ANYTHING OUT?
Oh yes a bargain at this price! Buy back in!
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