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

To: Lucky Charm who wrote (35143)	4/30/1999 8:49:00 AM
From: barbara sperino	Read Replies (4) \| Respond to of 43774

PART 2 Sorry this took me so long to finish. Last Saturday at the visit to pabn, John Schmitz , the CEO , was kind enough to meet with the shareholders that were at the Hotel. Several people were present at this meeting(several post on this thread). He was very open in answering all the question that were asked. Many asked about the financials and the filings dates. He told all of us that financials would be on time as he stated in the website meeting. He also said he would soon be filing with Sec the 10Q which must be filed before financials. John also stated at this time that there would be no reverse split. He explained that this would not be of any benefit to the company nor benefit to shareholders. He said he very much wanted to get off of the OTC and hoped that this could be accomplished through other means such as a possible buy back of shares or even some type of merger. He said he had options other than a reverse split. Mr. Schmitz had just come back from Belize and when asked about how things went there said that dealing with this Government is not the easiest thing. Said he hoped that we would be doing the mortgages in Belize soon. Also made mention that the company had many inquiries of late from Stock Analysts and were having a report done up on the company and hoped that it would be out very soon. Now many more things were discussed at this meeting we had.So if some of the others that were present at the meeting could add to this I'm sure it would be much appreciated by the many shareholders that could not attend this meeting.