To: jhild who wrote (37293 ) 5/30/1999 3:03:00 PM From: PCModem Respond to of 43774
Well, Mr. Story, I see you still are not letting your ignorance of the facts of the story which has been the focus of your obsession for almost a year now get in the way of your nonsense, are you? Here's a little refresher course on the FACTS of the story: "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. " Since you have either ignored the story or don't comprehend it, here is an explanation of the relevant FACTS: A joint venture is a new company owned jointly by the joint venture partners. Of course you won't see PanAm or FirstStates listed as the applicant for a Thrift! The applicant would be the joint venture entity. How anyone can tell me with a straight face that they respect your DD abilities is beyond my comprehension. "WOW! The FBI is all over John Schmitz? About everything to do with the thrift? This story gets better and better. Or the FBI is really on their toes doing background checks and looking into PABN before an application has been made. Double WOW! Is this a great country or what? " Given your accusations that the SEC and the NASD do not do thorough background checks I am not surprised at your amazement: Or the FBI is really on their toes doing background checks and looking into PABN before an application has been made. This is a great country. And your accusations, insinuations, suggestions and fabrications notwithstanding, the SEC, NASD and the FBI are doing their work. And what do you know?! PABN continues to trade, Insider-Trading continues to operate, no one has been arrested, no indictments filed. My, my! Either the mob, the SEC, the NASD, the FBI, hundreds of company customers, and several thousand shareholders are involved together in a conspiracy or mass hypnosis by some evil person or group, or you are out of your mind, or you just here to harass us for the joy of being a harasser. "But if the FBI is really investigating John Schmitz I would suggest that there might be another reason that he is being scrutinized. Good Luck John! " And just what would that "another reason" be? Hmmmmm? Care to go on record, Mr. Nonsense? Care to share with us the basis of your "suggestion"? Care add to the mountain of evidence of your harassment of the people who post to this thread? Care to answer a reasonable question about your unreasonable statements? Just what would that "another reason" be? Pardon me if I am not surprised if you REFUSE to tell us. Keep it up. PCM GO PABN!!!