PANAMERSA Corporation/PayPro Incorporated Announced today their 4th Quarter Earnings has already exceeded their 3rd Quarter Earnings by more than 400%.
PANAMERSA Corporation/PayPro CEO Mike Terrell stated, "I am really pleased with our progress and we are just now starting to pick up momentum. Our acquisitions are beginning to produce, our receivables are current and our collected earnings (receivables not included) have already exceeded 400% of last quarter's earnings. Since we still have 2/3 of December to go, and a name change coming which will only strengthen our position in the marketplace, several projects which have not been announced, and new opportunities arriving daily should give us a very solid foundation to do some really serious numbers in 2007. We will continue to execute our business plan to assist in the commercial integration of Latin America into the economic development of the western hemisphere, Pan-America, and the rest of the world. We will continue our investment in Pan-American companies and infrastructure projects in Panama, Costa Rica, Mexico, Venezuela, Ecuador, and the Caribbean, while protecting our Flora Fauna and water resources. Panamersa Corporation/PayPro promotes the individual commitment to family carbon neutrality status 'Sponsoring MicroForests' in our fight against Global Warming."
About PANAMERSA Corporation/PayPro Incorporated:
PANAMERSA Corporation/PayPro Incorporated (Pink Sheets:PYPR) is a holding company for a group of business enterprises which promotes the commercial integration of Latin America into the economic development of the Western Hemisphere, and is engaged in global e-commerce and e-biz Solutions offering interactive e-commerce and e-biz programs. PANAMERSA Corporation/PayPro offers a range of goods and services ONLINE as follows:
Prepaid debit cards; e-commerce merchant accounts; Life insurance policies, Gold transactions; Telephony services, Text messaging, VoIP, Micro forests properties, Real estate investment participations, Fixed and variable income Real estate properties in Costa Rica and Panama, Offshore financial services, Asset management and protection; Travel services, Leisure, Business, Health, Relocation services, and Digital marketing services.
Forward-Looking Statements are not historical facts as "forward-looking statements" defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are the result of profound analysis on trends in our globalizing economies that we anticipate in our industry. It is our good faith vision and estimate of the effect on the globalization, integration and electronic business trends will have on our company. Our statements are also subject to risks and uncertainties beyond our reasonable control that could cause the results of operations to differ materially from those reflected in our forward-looking statements.
PayPro, Inc Net Profit up 2582% over 2nd Quarter 2006
Business Wire "US Press Releases "
DALLAS--(BUSINESS WIRE)--
PayPro Incorporated Posts Third Quarter Net profit of $3,642,556 up 2582% over 2nd Quarter 2006.
The Company posted its financial results today for the year-to-date ending September 30, 2006. The total revenues for the nine months were $22,656,344. The results showed a 213% gain in quarterly revenue over the 2nd Quarter of 2006, with 3rd Quarter revenues of $11,163,226 compared with $5,250,460 in revenues for the 2nd Quarter of 2006. The Net profit for the nine months totaled $3,962,975. The results showed a 2582% gain in net profit over the 2nd Quarter of 2006, with 3rd Quarter Net profit of $3,642,556 compared with 2nd Quarter Net profit of $141,064.
PayPro CEO Mike Terrell stated, "I am very pleased with our progress considering that none of our major ventures or acquisitions will be reflected until the 4th quarter 2006.
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