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


To: jhild who wrote (37357)6/2/1999 11:37:00 AM
From: Coop  Read Replies (1) | Respond to of 43774
 
Not running from any issues...

The FBI conducts background checks on any individuals involved with chartering a thrift. I honestly thought that you would know something simple like that or that you would ask someone who did! I met with a lawyer that has done this in the state of NY for some of his clients (and yes, he was successful) along with my father-in-law (who has been in the mortgage business for 22 years). Guess what, he spelled out the process in broad strokes and it is very normal to have everyone involved with the company "investigated" or "CHECKED" as far as their background goes. That doesn't usually occur until the final stages for obvious cost-related issues.

No Bill Black wouldn't be saying anything like "we filed an application for a thrift". Bill's not stupid, in fact, he is very sharp! We briefly talked about the thrift and his general words were that things were coming together faster than they anticipated and that the FBI was checking John out.

Having done some "sneakernet" DD (I'm not sure your little computer with a phone line and an anonymous login would understand), I made the comments that I did in a private message that I asked to be passed on.

Honestly, do you think that PABN would still be trading IF THE FBI FOUND ANYTHING FRAUDULENT in John's background? This is a HUGE credit to the company and there is nothing that a rumor can do to it. Think about it: according to some, the SEC is aware of PABN and has not stepped in and according to me, the FBI has "checked" the background of the officer and he is still in charge. That is credit that cannot be taken away (but I'm sure you will try).

Anyway, those are my thoughts and I believe that the process is much further along than you think. No, I'm not lying. There are more parts to the process than you know (I'm sure of that now) and we'll see what happens.

Matt

Don't put words in anyone's mouth, it gets old.



To: jhild who wrote (37357)6/2/1999 12:41:00 PM
From: PCModem  Respond to of 43774
 
"So just what is my lie?"

Open mouth, insert foot, more evidence and the emperor's entire new wardrobe.

"Is he [Coop] lying? He won't say."

He has said. But he did not need to. He does not have a history of telling lies as you do. Be careful what you say Mr. Pot...The kettle in question does not happen to be the color you have smeared all over yourself.

Speaking of "He won't say" I seem to recall several posts from me to you asking you to "say" about your lies, which you continue to REFUSE to answer. ANOTHER instance of you pointing the finger at someone else and not noticing the 3 fingers pointing back at you.

Keep it up, the evidence is mounting.

PCM

GO PABN!!!




To: jhild who wrote (37357)6/2/1999 1:07:00 PM
From: PCModem  Read Replies (1) | Respond to of 43774
 
"So just what is my lie? Part 2

Let's just look at one lie for the moment: your entire spin on the Form D filing.

Assuming the Cele 16 is telling the truth (another proven liar, but you choose to do your DD on Raging Bull, and then spin lies based on it, so I have to go with that for the sake of the discussion), let's see what the company has said (note the date, one day after the Form D filing according to your fellow liar, Cele 16):

panambancorp.com

"VIRTUAL OPEN HOUSE FOLLOW UP LETTER FROM JOHN SCHMITZ, PRESIDENT, PANAMERICAN BANCORP

March 24, 1999

Thank you for helping make our first Virtual Open House an event. We learned quite a bit from the experience. I would like to expand on some issues since the questions were being rapid fired and we had time constraints, we were only able to provide short answers.

Float Issue
When we took control of Purewater, there were 750,000,000 authorized shares, approximately 610,000,000 were issued and outstanding. Of the 610,000,000, approximately 228,000,000 of the shares were in public (not control or 144 restricted) hands. Since we changed the name and revised the charts, we authorized more shares in anticipation of some acquisitions and financing [!!!]. To date [!!!], the amount of shares freely trading is now approximately 250,000,000. The number will change as old [!!!] 144 stock gets released and some shareholder liquidation takes place. From the company standpoint, we feel the number of outstanding shares is only relevant to our final completion of our organizational structure.

Getting Listed
Our goal of becoming listed on some other exchange has not changed. Recognizing the criteria for such listing, we are exploring all available options. When the picture is complete and the entire organization is in place, we feel PanAmerican BanCorp will be a formidable enterprise dedicated to increased growth and revenue opportunities for the new millennium.

Along those lines, I would like to welcome PanAmerican Internet Group and First States Financial to our highly capable and dedicated team.

The professionalism and expertise of the Internet Group is evidenced daily in the pursuit of our goal of an integrated company. As a portal for all our divisions, the Internet Group gives us the ability to compete globally. As a regional, soon to be national, Internet service provider, we now have the technology to support all of our divisions in their increased demands in the information age.

First States Financial provides the keystone for our dynamic organization. In anticipation of our license as a federally chartered thrift, the addition of First State Financial gives us a kick start in achieving our goals. Having a thrift on the team provides PanAmerican BanCorp with liquidity and added stability.

In summary, a growth company needs leadership and teamwork. As I review the members of our team, I am only reminded of the 1998 New York Yankees. We have the team players who constantly chip in where needed, back each other up, support the shared vision, and no one person looks to be the superstar. Our group of dedicated business professionals have come together with a common goal and shared vision of building a good, solid and profitable business.

Sincerely,

John Schmitz
" [emphasis added]

I am NOT surprised to find that John's comments are consistent.

Cele 16 and you can post all the lies you want from the comfort of your anonymity and as long as RB and SI allow you to do so. John Schmitz cannot. He is being held to a much higher standard than you are being held to, indeed, a much higher standard than you even pretend to reach for.

The SEC, the NASD and now the FBI have investigated or are in the process of investigating PABN and its management. Your continuing lie is that they have committed illegal acts, defrauded investors and have shady pasts that indicate unsavory and/or illegal dealings in the past. You also have implicated the SEC, NASD and FBI in a conspiracy with PABN to defraud the shareholders. You have accused the company of attempting to defraud naive investment bankers and/or venture capitalists by failing to type a dollar sign in front of a sales figure. You know PABN and FirstStates have formed a joint venture, you know you do not know the name of that joint venture, you know you cannot find a name on a list if you do not know the name in question, yet you insist on the lie that you can't find the name which you don't know because they have not filed.

"So just what is my lie? Indeed. You are so deep into your lies you have deluded yourself concerning them. god-like you speak and consider that what you have spoken now exists.

Mental instability alert! Mental instability alert!

Keep it up. The evidence against you is already overwhelming. It is just a matter of time.

PCM

GO PABN!!!