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Foundation Announces New Projects and Start of Trading on PDR Exchange May 21, 2007 2:36:00 PM PANAMA CITY, PANAMA -- (MARKET WIRE) -- 05/21/07 -- Mike Terrell, council member for Fundacion Pan America, representing the North America region, today announced new projects in the works for the foundation along with the completion of beta testing for PDR Exchange (Panama), Inc.'s official trading site.
"We continue to add amazing projects to our portfolio that promote sense of belonging to all Pan Americans, excite our investors, attract new investors and promote the commercial integration of Latin America into the economic development of the Western Hemisphere and the rest of the world," said Terrell.
PANAMERSA IV Sociedad Anonima has been added to the foundation as an operating company. PANAMERSA IV will convey 3500 Hectors of mineral reserves and one million troy ounces of gold to the foundation, bringing more than $700 million in assets to the foundation.
DESIMPLEX, a PANAMERSA Corporation (PINKSHEETS: PNMS) partner company, is currently in negotiations with the Ecuadorian government to provide VISUALIZDOR, a new software designed to assist in controlling mineral reserves.
The Republic of Guatemala conveyed an additional 3,660 Hectares of Microforests
And in the Estados Unidos de Mejico 42,000 Hectares of Microforests
In addition to the new operating company and announcements above, Fundacion Pan America will also add two companies that will begin trading on the PDR Exchange platform beginning in June. These companies include:
-- The Pan-American Commerce Group (PCG) is a regional insurance and reinsurance company, which has developed a suite of new products to "insure the commercial integration of Latin America" and also an "Investment Reinsurance product."
-- Lineas Aereas Pan-Americanas (Pan-American Airlines), a new, regional airline company headquartered in Bolivia serving the commercial integration of Latin America. Two additional South American companies are joining with PDR Exchange (Panama), Inc. to provide investment opportunities to the foundation's beneficiaries. These include:
-- Republica Bolivariana de Venezuela, an operating company expediting future buyouts through the exchange, and
-- El Bono Pan American, offering Pan American bonds through the exchange similar to Israel bonds. More announcements will be coming as progress is made and information becomes available, including an operating company for international offshore drilling, additional Microforest acreage, and new projects to boost growth and trading within PDR Exchange (Panama), Inc. and Fundacion Pan America.
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PANAMERSA Corporation Posts First Quarter Net Earnings per Share of $.0065 up 180 Percent Over 2006 May 21, 2007 10:34:00 AM DALLAS, TX and PANAMA CITY -- (MARKET WIRE) -- 05/21/07 -- PANAMERSA Corporation (PINKSHEETS: PNMS) released first quarter financials on May 15 which showed first quarter net earnings at $36.7 million, a 156.76 percent increase over the previous quarter. First quarter net earnings per share were also posted at $.0065, an increase of 180 percent over 2006.
"I am very proud of what we have accomplished in the last year. Our sustained growth and momentum continue to astonish those who are sitting by as onlookers," said Mike Terrell, CEO of PANAMERSA Corporation. "Through the exciting announcements being made today by our partner foundation, I expect to see these numbers continue to increase due to the holdings and partnerships that PANAMERSA has made."
First quarter net earnings were $36.7 million versus year-end 2006 net earnings of $27.4 million. PANAMERSA Corporation also holds $149.4 million in total assets, including $35.0 million in escrow for future acquisitions and continued growth.
"I continue to be amazed by the undervaluing of our stock. Considering our first quarter earnings per share were $.00652, 434 percent higher than our current price per share (PPS), the market manipulation appears to know no bounds," said Terrell. "It is about to get very interesting, with many new announcements on the horizon."
DESIMPLEX, a partner company of PANAMERSA Corporation, has recently completed trading software for PDR Exchange (Panama), Inc. PANAMERSA now has 12 external BETA testers who will begin testing the trading software today. With these announcements, the exchange is expected to be live and trading by next week.
Indications from pre-opening day PDR bids already received show PDRs representing beneficial ownership of PNMS stock to open at $.01 or more per share. PANAMERSA Corporation shareholders have begun requesting their stock certificates and PANAMERSA Corporation will continue to help shareholders in any way possible to ensure every shareholder who requests certificates is able to receive them.
For more information on earnings projections or to see a complete overview of company earnings and assets, please visit www.panamersa.com.
PANAMERSA Corporation (PINKSHEETS: PNMS) 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. PANAMERSA Corporation is engaged in global e-commerce and e-biz solutions offering interactive e-commerce and e-biz programs in addition to a range of goods and services online including: prepaid Debit cards; e-commerce merchant accounts; life insurance policies, gold transactions; telephony services, text messaging, VoIP, MicroForests 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. For more information, please visit www.panamersa.com.
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.
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Thought we would run today. I still think time is on our side. We will have our payday sooner than later. IMO
-------------------- Must be an easier way! Disclaimer: Don't buy or sell on my advice I am not a licensed broker. Posts: 424 | From: Oklahoma | Registered: Aug 2006
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So Burn June is the preposed date to start using the PDR exchange?
-------------------- Must be an easier way! Disclaimer: Don't buy or sell on my advice I am not a licensed broker. Posts: 424 | From: Oklahoma | Registered: Aug 2006
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PANAMERSA Corporation Provides Details for Stockholders to Move to PDR Exchange DALLAS, TX and PANAMA CITY -- (MARKET WIRE) -- May 31, 2007 -- PANAMERSA Corporation (PINKSHEETS: PNMS) is today announcing details for shareholders participating in the upcoming start of trading on PDR Exchange (Panama), Inc.
PANAMERSA Corporation shareholders who wish to participate in trading on the foundation's PDR Exchange must be a beneficiary of Fundacion Pan America. A valid passport will be needed for identification. Current shareholders can begin without a passport, but are being urged to quickly obtain a passport to ensure full functionality of the trading platform. For all trading on the PDR Exchange platform, the account has to be funded to begin trading.
Current shareholders who wish to participate may obtain instructions and all forms by e-mailing PDRExchange*panamersa.com. Shareholders must send their beneficiary application, stock certificate, either signed on the back with a medallion seal or accompanied by a signed stock transfer power form with a medallion seal, to the Dallas PANAMERSA Corporation office via registered mail or overnight service:
PANAMERSA Corporation Attn: Foundation Representative 100 Crescent Court, Suite 700 Dallas, Texas 75201
Due to PANAMERSA Corporation's status as an operating company of Fundacion Pan America, a member of the foundation will be at PANAMERSA's Dallas offices to verify all documents and expedite processes. Once verified, the foundation will process the documents, issue identification numbers and issue a shareholder's receipt (PDR) for stock via PDR Exchange (Panama), Inc. At this time a new account can also be created or an existing account verified for the beneficiary. This process is expected to take 24 hours from the time all documents are received. Fees for trading on the PDR Exchange (Panama), Inc. platform are $10 per trade, and annual fees are set at $249 per year for each account a beneficiary holds within the foundation. To reward current shareholders for their support of the company in the past, PANAMERSA Corporation will pay for the shareholders' first year, if the account is set up within an initial 60-day period, making the first year free for current shareholders. For those who do not currently hold stock certificates, a $99 introductory rate has been extended for the first year, if the account is established within the initial 60-day period. All accounts must be funded to trade. Current shareholders' funding will be established once their certificates are conveyed to the Fundacion; however, a minimum cash balance of $1000 is required for those who do not currently own stock.
"We understand the issues surrounding those with IRAs. These issues will be resolved," added Mike Terrell, CEO of PANAMERSA Corporation. "We welcome any of the brokerage houses that hold IRAs to become beneficiaries of the foundation, which would allow them to trade and hold PDRs on your behalf. Additional Solutions are being researched to insure all IRA holders can participate in the PDR Exchange."
PANAMERSA Corporation (PINKSHEETS: PNMS) 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. PANAMERSA Corporation is engaged in global e-commerce and e-biz solutions offering interactive e-commerce and e-biz programs in addition to a range of goods and services online including: prepaid Debit cards, e-commerce merchant accounts, life insurance policies, gold transactions, telephony services, text messaging, VoIP, MicroForests 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. For more information, please visit www.panamersa.com.
Forward-looking statements are not historical facts as "forward-looking statements" are 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.
quote:Originally posted by thefenway: why didnt this news help this stock?
why should it??? 10 bucks a trade, 100 to 300 to start, 1000 cash balance for non-share holders so they can trade what?? PDR`s?? on a private exchange?? made up of a couple hundred shares holders?? (best case). is this even leagle in the U.S. ??, talk to a GOOD CPA before getting into this. and maybe a tax or buisness attorney. JMO!!!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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quote:Originally posted by thefenway: why didnt this news help this stock?
why should it??? 10 bucks a trade, 100 to 300 to start, 1000 cash balance for non-share holders so they can trade what?? PDR`s?? on a private exchange?? made up of a couple hundred shares holders?? (best case). is this even leagle in the U.S. ??, talk to a GOOD CPA before getting into this. and maybe a tax or buisness attorney. JMO!!!
we shall soon see.
Posts: 731 | From: OHIO | Registered: Jan 2006
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i am out a little profit is better then no profit 100 bucks will pay a decent night at the nudey bar..
Posts: 235 | From: Boston | Registered: Oct 2006
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Since i watched this Its been going up and down between .0011 to .0017 for the past 3 weeks. good flipper imo
Posts: 235 | From: Boston | Registered: Oct 2006
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What happen to being all in the AM? that pick of the year post was the biggest joke ever on these boards.
Posts: 235 | From: Boston | Registered: Oct 2006
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You have 13 post total all about PNMS so is your name Mike terrell? If so id go on a diet...
Posts: 235 | From: Boston | Registered: Oct 2006
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SwingTrader7: I happen to own some shares here and I for one would like you to cease spamming the boards with this.
You maybe new but I doubt it because of your screen name. Spamming a pick on many different boards only creates doubt in potential investors minds. I know when I see it I stay as far away as possible.
IMO, you have violated the rules of this forum and done a disservice to this stock. I mean even the SEC is cracking down on spam emails from companies.
If you are truly attempting to bring the stock to potential share holders the best way to do it is to utilize the thread that was already created for it and post information (DD) that will draw people to do additional DD and feel comfortable in taking a position.
If you are the Green Baron. We don't need you. We already saw what a Ledbed P&D did to this stock. It still hasn't recovered.
I hope that the Mods delete to new threads that you have started.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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