Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: jhild who wrote (37516)	6/5/1999 12:13:00 AM
From: Russ Howard	Respond to of 43774

Wow. I guess the mention of Jesus is appropriate, after all. Seems as though He may be the only person qualified to apply for a thrift under such certification requirements...

To: jhild who wrote (37516)	6/5/1999 12:15:00 AM
From: ISOMAN	Read Replies (2) \| Respond to of 43774

Correct me if I am wrong, but doesn't this: The following certification is specifically requested in connection with your pending application. For the purposes of this certification, the term "Applicant" includes the party submitting the application; all controlling persons of the Applicant, as defined in 12 CFR Section 561.14, and persons who otherwise directly or indirectly exercise a controlling influence over the management or policies of the Applicant; affiliates and companies controlled by the Applicant. Each entity or person so defined as "Applicant" should complete a certification; either separately or jointly with other entities or persons defined as Applicant. ...Certification have to be done before the application is filed? Now don't jump all over me because I don't happen to beltch out exactly what you want. I am asking the question, since I , TOO, have never applied to run a thrift.

To: jhild who wrote (37516)	6/5/1999 1:11:00 AM
From: PCModem	Respond to of 43774

Two things: 1. I note with a wry smile on my lips the following distinction regarding investigations: "...or any past or ongoing indictments, formal investigations, examinations, or administrative proceedings (excluding routine or customary audits, inspections and investigations) issued by any federal or state court, any department, agency, or commission of the U.S. Government, any state or municipality, any self-regulatory trade or professional organization or any foreign government or government entity, which involve:..." Formal investigations are contrasted with routine or customary investigations. 2. "With respect to natural persons, the time period covered is the period of time beginning with such person's majority ownership." The time frame indicated means that the applicant and its affiliates have to reveal listed 'events' only if they occurred since the person became an affiliate. So your FABRICATED litmus test of Charlie's bankruptcy fails the test. Thus two more of your flaccidly constructed straw men get blown away by the winds of truth. Wasn't it you who said something to the effect that truth does not dissolve in the light of scruitiny? Your lies are dissolving faster then the Wicked Witch did when Dorothy threw water on her. Don't you have something constructive you do with all your spare time? Your obsession with this company and its investors is wearing thin. Keep it up. The evidence against you is greater with every post you make. PCM GO PABN!!! p.s. I almost forgot: LIAR!

To: jhild who wrote (37516)	6/5/1999 8:51:00 AM
From: ColleenB	Read Replies (1) \| Respond to of 43774

Here are more requirements that all of the various Directors, Vice Presidents and Presidents of the PABN/PRWT League of enterprises will need to reveal about themselves. I'm not so sure....reading the following.... For the purposes of this certification, the term "Applicant" includes the party submitting the application; all controlling persons of the Applicant, as defined in 12 CFR Section 561.14, and persons who otherwise directly or indirectly exercise a controlling influence over the management or policies of the Applicant; affiliates and companies controlled by the Applicant. I think the operative word in the above is control. Following the company pattern, the new thrift will probably be incorporated (in who knows what state) as it's own entity and PABN would be the parent company of said corporation. If this is the case, then the "thrift" does not control any of the other entities, in fact, they are all separate entities under the PABN umbrella. The controlling entity is the mother company, PABN. If this was the course of action, then shouldn't PABN appoint a board of directors, to the mother company? [last I checked the names of officers that are listed are specific to the individual entities] A name that could/would be absent from the board of directors to the parent company would be Charlie, for reasons already stated. And then, at a later date, his name could be added to the roster, without repercussions under the following conditions... With respect to an Applicant that is not a natural person, the time period covered by this paragraph is the period of time during which any person currently a controlling person of the Applicant, if any, was a controlling person, and during which any person currently a member of the Board of Directors or executive management of the applicant. With respect to natural persons, the time period covered is the period of time beginning with such person's majority ownership. could not the "definition" of a natural person be one who was not involved during the application process?