what a mess this is going to be today!!! Ask is up to .0032. They are saying at IHUB that it should be all buys today with no selling, should double price upwards!!!
Posted by Hitman on :
Dead in the Water
Posted by onemorehit on :
*****Dead in the Water, Hitman**** 8 million volume in 10 minutes!!!! I don't call that Dead!!
Posted by Hitman on :
Wow My scottrade steram was stuck... I just bought at .003 will c what happens
Posted by onemorehit on :
.003/.0032
Posted by Hitman on :
Put the buy of 200000 shares at .003 then my scottrade locked up.... when it came bk I owned 200000 at .003 hope it works out gr8... News was really good :}
Posted by surgeon of steel on :
PANAMERSA Corporation Announces New Symbol (PNMS) Coupled With a 545% Increase in Fourth Quarter Net Earnings 2007 Earnings Expected to Pick Up Momentum and Remain Strong All Year Feb 16, 2007 9:51:00 AM DALLAS, TX and PANAMA CITY -- (MARKET WIRE) -- 02/16/07 -- PANAMERSA Corporation announces new symbol (PINKSHEETS: PNMS). The change became official today and will allow investors to trade under the new symbol beginning at the opening bell.
"I have watched this company grow exponentially over the last year," said Mike Terrell, PANAMERSA Corporation CEO. "This change will allow us to invest further in infrastructure projects by giving us a name that more correctly meets our mission. We feel the growth we have seen recently is only the tip of the iceberg."
Fourth quarter earnings for 2006, released yesterday, show posted net earnings over third quarter 2006 at an increase of 545 percent. Annual revenues rose to $46.4 million and year-end net profits showed $27.4 million. Released numbers also reflect PANAMERSA Corporation's acquisitions producing and receivables current. This name change is expected to strengthen PANAMERSA Corporation's position in the market as new opportunities continue to arrive daily and a solid foundation is built to increase numbers even further in 2007.
PANAMERSA Corporation is a group of dynamic, forward-looking business entities dedicated to assisting in the commercial integration of Latin America into the economic development of the western hemisphere, Pan-America and the rest of the world. Strategy includes investments in Pan-American companies and infrastructure projects in Panama, Costa Rica, Mexico, Venezuela, Ecuador and the Caribbean. The company's vision is to provide infrastructure while protecting the Earth's flora, fauna and water resources, promoting individual commitment to carbon neutrality status and sponsoring MicroForests in a fight against global warming.
Recent announcements in acquisitions and mergers include the development of a mega-tourist project, Port SAE La Fortaleza, and a joint venture with DESIMPLEX. PANAMERSA Corporation, through Fundacion Pan America, is authorized to serve as a depository for financial assets and create a convenient, secure way for clients to arrange a secure financial future for themselves and their successors.
"We continue to add new investment opportunities that aid in the growth of PANAMERSA Corporation," said Terrell. "I am excited to see what the future holds, as we invest in surefire opportunities with mature companies throughout Pan-America."
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.
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.
Contact: Investor Relations 214-774-4870 Email Contact
Posted by onemorehit on :
It showed a buy at 9:52 for 200000 at .003. Hopefully that was yours, hitman.
Posted by Hitman on :
Yep it must hv been cause I Now own it.. Thanks for your info
Posted by onemorehit on :
Price up to .0032, see hitman, you've already made money. LOL!!!
Posted by Hitman on :
Yep... Looking gr8.... Man Scottrade had me freekin out there... Didnt know what was happening
Posted by onemorehit on :
It has been a real mess all morning. Etrade has not even updated yet, they say Scottrade is working though. It isn't even showing anything with this stock in my portfolio with Etrade. They said it would take like 2-3 days to get it updated. New HOD .01. 10,000 shares at .01!!!
Posted by onemorehit on :
That .01 is really going to mess the candlestick charts up for the EOD. They are saying some MM did that so people will panic and sell their shares!! Watch this closely.
Posted by Hitman on :
Hopin that was the case.... When it get fixed we suld make some good money..
Posted by Hitman on :
Yep.... very interesting... We have a winner here... I just now saw the.01
Posted by onemorehit on :
.0033 getting hit now!!!! Yes, that .01 will make the candlestick pattern look like a person should sell. They are talking bigtime about MM manipulation and this looks like a prime example.
Posted by Hitman on :
Are we the only 2 people watching this on the board... that is really weird?
Posted by onemorehit on :
We had all kinds of people yesterday!! Wonder where burn is? Maybe everyone went on a 4 day weekend!!!
Posted by Steam_Ahead on :
quote:Originally posted by onemorehit: We had all kinds of people yesterday!! Wonder where burn is? Maybe everyone went on a 4 day weekend!!!
I'm watching with ya,,, My STOCKCHARTS are not working properly - anyone else experiencing that?
Posted by wallymac on :
There are people like me just lurking. I think the 4 day weekend is having some effect. Hopefully by Tuesday the symbol change will have taken effect in all the accounts.
Wally
Posted by Hitman on :
Yep.. Having problem with everything at Scottrade.
Posted by onemorehit on :
I had to open up PNMS on a watchlist and then open up L2's & charts from there. That worked with Etrade.
Posted by stocknet on :
Nice start to the new trading symbol. I'm expecting we get some updates next week on the buy-back and when the audited financials will be ready.
Posted by onemorehit on :
Up 27% today!!!
Posted by BuckyBarnes on :
I'm sitting here watching, and holding on my position to see where an upturn in the pps may go to.....in particular the audited financials are going to be of interest and will affirm the publicized 545% increase in earnings and thereby explain what the earnings numbers reflect....GLTA.
Posted by Jo4321 on :
Ameritrade doesn't even have me owning PNMS, even though they cancelled a GTC order I had to sell PYPR.
I can't sell or buy.
Jo
Posted by onemorehit on :
Ameriturd will not let you buy over phone or online, but I believe you can sell over the phone with them. Why would anyone want to sell anyway?
Posted by Jo4321 on :
I wasn't going to sell, but I wanted to put my GTC order for .02 back in. LOL
Guess I'll wait til they update it. Don't think it's going to .02 today, so no hurry.
Jo
Posted by Hitman on :
I Cant even get Scottrade to load... So i dont know anything for sure on this one.. will keep trying to open up Scottrade :{
Posted by Burn on :
quote:Originally posted by onemorehit: We had all kinds of people yesterday!! Wonder where burn is? Maybe everyone went on a 4 day weekend!!!
Been here all day. Cant post from work. Some jagoff got our IP adress blocked
Posted by onemorehit on :
nothing too exciting here anyway, Burn!! They are saying at IHUB that the MM's are so short that they are driving the price down to cover their sweet little a------es!!!!!!!
Posted by stocknet on :
Looks like we will have more action next week after the brokerages have the ticker symbol change figured out! LOL
Posted by Yankee on :
Anyone else have td ameritrade. They never updated today for me. They kept everything from thursday.
Posted by horsefly on :
no update with me, must be a personal thing they have with pypr. cannot buy pnms also.
Posted by Yankee on :
Their charts are off also. This is starting to bug me. Next week should be interesting. I hope for the best to all.
Posted by horsefly on :
burn, what do you think about all this, you have a funny way to word it
Posted by Firedog on :
Good afternoon all. I have not been able to keep up with what is going on. I am in the ANG at the border. I won't go into that. burn I am glad we are findly going to have our day. I saw the HOD was that just one buy or did it run that high? I don't have access to a computer very often so may not get back very soon. I am glad it looks like this dog may findly have his day. LOL Even if I am stuck down here eating tacos and can't keep up. Hope we see that .01 that I have been waiting on soon.
Posted by onemorehit on :
The .01 was a 10,000 buy, one time and then back down again. We don't really know what to think about it, except for MM manipulation. Yes, Firedog, looks like she may finally run again, let's hope so!!!!!
Posted by horsefly on :
td ameritrade not taken any buy or sell orders on this stock. something is up.
Posted by Burn on :
horse: we will be OK in the next few days. theirs always seems to be something up with TD AT. they claim to be waiting on new shares. Hopefully they screw up like they did with PAIV.
Posted by horsefly on :
they say 10-15 days to transfer over, during that time you cannot do anything, watch it fly to .25
Posted by Yankee on :
How If you can't trade????????????????????????
Posted by 10of13 on :
quote:Originally posted by Yankee: How If you can't trade????????????????????????
If people already hold this...and they aren't able to sell it...yet there are always peeps that can sell....and if there are people wanting to get in...and they can buy? Well...the demand can go up...and up goes the PPS....I don't see .15-.25 or what ever was quoted...but there could be a small rise in PPS due to the symbol change...
Posted by Taguchi1 on :
weird that I had open orders in before the .01 spike.....was hoping to get a fill on that, it would of been nice!
GLTA! Happy Trading!
-Ken-
Posted by wallymac on :
quote:Originally posted by 10of13:
quote:Originally posted by Yankee: How If you can't trade????????????????????????
If people already hold this...and they aren't able to sell it...yet there are always peeps that can sell....and if there are people wanting to get in...and they can buy? Well...the demand can go up...and up goes the PPS....I don't see .15-.25 or what ever was quoted...but there could be a small rise in PPS due to the symbol change...
Hi 10, good to see you. I agree that the .15 and up predictions are inflated. I've done a lot of DD on this and think in the very short term .007 is very possible midterm MAY see .01 to .02 and IF, the big IF, they are actually doing what they have stated .03 to .05 by sometime this summer.
What I do like is the fact that some independent verification is available. They are working with the Willis Group which is trading on the AMEX in the $40 range. There are active sites for the JV's and much other verifiable info including the Panamanian's who are involved. Actually the IBOX on I H U B is very informative and worth checking out.
Only time will really tell and as always personal DD is King and protect your capital at all times.
GLTA Wally
Posted by Burn on :
quote:Originally posted by horsefly: they say 10-15 days to transfer over, during that time you cannot do anything, watch it fly to .25
Who is THEY
Posted by 10of13 on :
Thanks Wally! I've been watching...but never got in...DANG IT! Oh well, there shall be others!!!!
Posted by Firedog on :
I hope you guys are right. You have me getting out the calculator. LOL Posted by Firedog on :
Well its lights out for me. Hopefully when we get back we will be a hole lot closer to .005. Later Guys (and Galls Jo). Posted by onemorehit on :
Pre opening buy at .0031. Fly like a bird today!!
Posted by Jo4321 on :
Called TDA this morning. I probably won't have the PNMS shares until Friday or Monday.
Keep the price going up for me until then, k?
Jo
Posted by stocknet on :
Looking very good today. Maybe a .004 is in the near future.
Posted by Hitman on :
Sorry Guys... I was the last sell out of 200000 shares at .0032.... Made $20 This stock is too slow for me... I get in make/loose money within 1 or 2 days then I am out..... The hype <I ThinK> is gone on this one untill more good news.... It got lost in the suffle.... Note i sold within 2 seconds of puttin in the sell order at ScotTrade and at that time there was no movement on the stock ... Weird
Posted by onemorehit on :
Oh Wow, made $20 and sunk the stock down!!! Posted by Hitman on :
Sorry. but pennies dont move up very long... I take any profit I can get. THe longer you hold them the more you loose. Just My Thoughts
Posted by onemorehit on :
I know, I could sell now and make $2600 but I really believe in this stock. Just my thoughts.
Posted by stocknet on :
Momentum is not gone. All it will take is the right news and this will run hard. News about the divy and possible shorts, news about when the financials will be audited, or if Atrade finally lets buys go through, this stock will fly, IMO.
Posted by stocknet on :
Oops, I also forgot, news about the buy-back will also send this stock much higher. All it takes is the right PR, IMO.
Posted by Burn on :
I say we will hit the .004s by friday. IMO
Posted by mathis on :
took profits from INXR to get into this Posted by Burn on :
quote:Originally posted by mathis: took profits from INXR to get into this
which broker did you use
Posted by mathis on :
quote:Originally posted by Burn:
quote:Originally posted by mathis: took profits from INXR to get into this
which broker did you use
Scottrade
Posted by onemorehit on :
Came in for lunch and down 27%, uuuuuhhhhhhhhhh!!! Posted by Yankee on :
Well Burn it didn't go in the right direction. It can only get better?
Posted by Burn on :
quote:Originally posted by Yankee: Well Burn it didn't go in the right direction. It can only get better?
Thats right. And WILL. Rumors of news tomorrow or Friday
Posted by Yankee on :
Good to hear. Hope so!!!!!!!!!!!!
Posted by Hitman on :
AMTD is really weird sometimes
Posted by surgeon of steel on :
PANAMERSA Corporation (PNMS) Announces Fourth Quarter Audit Almost Complete Feb 22, 2007 9:16:00 AM DALLAS, TX and PANAMA CITY, PANAMA -- (MARKET WIRE) -- 02/22/07 -- PANAMERSA Corporation (PINKSHEETS: PNMS) in an effort to qualify for the OTCBB will release Audited Fourth Quarter Financials of its off shore companies on March 15th confirming the increases in earnings and cash flow, CEO Mike Terrell announced today.
"We know our numbers are strong and I would like for investors to feel confident in their decision to invest with us as a holdings company," said Terrell. "This audit will confirm the amounts PANAMERSA Corporation holds in the bank, while also putting any questions about earnings released last week to rest."
Fourth quarter earnings for 2006, released earlier this month, show posted net earnings over third quarter 2006 at an increase of 545 percent. Annual revenues rose to $46.4 million and year-end net profits showed $27.4 million. Released numbers also reflect PANAMERSA Corporation's acquisitions producing and receivables current.
All 2006 numbers derived offshore will be certified with financial institutions in Latin America, where PANAMERSA Corporation derived the majority of their profits. Monies that PANAMERSA Corporation holds in Latin America, including a sum of $19,888,475.00 will also be certified.
"I will be in Panama next week to ensure that the numbers we present to our investors are certified and delivered from an unbiased source," said Terrell. "Certified Audit documents will be available on our Web site no later than March 15th 2007."
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.
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.
Contact: Mike Terrell 214-774-4870
Posted by Steam_Ahead on :
She's heaeded in the right dorection now folks.
Posted by onemorehit on :
momentum is going up and up, just the way we like to see it!!! News was as announced, today or tomorrow. MT is the MAN!!!!!
Posted by Jo4321 on :
TDAmeritrade actually gave me my shares, today!
I'm ready!
Jo
Posted by onemorehit on :
That is good, Jo!! I had mine with Etrade on Tuesday afternoon.
Posted by netguy81 on :
I got in PNMS (when it is was PYPR) at 0.0019 and picked up more yesterday when it went down and today it is going up. Hopefully by summer it will be in 0.01 - 0.03 range ...
Posted by stocknet on :
We ended at the high of the day, with huge news. I'm guessing next week the accumulation will start. Tomorrow might be the last chance to get in under .003
Posted by Burn on :
quote:Originally posted by netguy81: I got in PNMS (when it is was PYPR) at 0.0019 and picked up more yesterday when it went down and today it is going up. Hopefully by summer it will be in 0.01 - 0.03 range ...
should be that high by MAY. imo
Posted by Yankee on :
******** I hope your right. The audit may bring mixed trading or less depending on the individuals. PNMS will take off, just when is the question.
Posted by wallymac on :
It's always about patience. I know I'm not the only one that has sold a stock that seemed to be going nowhere only to see it run 100% and more after I sold.
I have found that after doing DD on any stock, the best way to make money is to pick your entry and then wait until it runs. It takes a lot of patience and isn't as exciting as constantly hitting the runners but it works. The key is also to make sure you take your profits when you hit the exit point you decided before buying.
This will run and IMO, will be big in time.
Wally
Posted by netguy81 on :
quote: It's always about patience. I know I'm not the only one that has sold a stock that seemed to be going nowhere only to see it run 100% and more after I sold.
your are quite right ... its always about the patience and timing. This is one stock that i'm going to be patient for few months ...
and with the auditing complete ... the stock should go up for sure !!
Posted by onemorehit on :
March 15th is not too far into the future. And by then Aturd will have to have their short positions covered. Hopefully when that happens they will open up buying again for their customers, thus a big increase in volume, driving the price up!!!
Posted by Firedog on :
I am looking long term on this one as well. IMO we will see a good run the start of the March and another if the financials are what they said they were after the audit. JMO.
Posted by onemorehit on :
Down 15% today! Time to pick up some more cheap shares!!!
Posted by onemorehit on :
Up 8% today!! Needs to break through this .0027 wall. Some news will help
Posted by netguy81 on :
its finding really hard to break the 0.003 barrier ... its been between 0.0021 - 0.0027 for quite some time ... but once it breaks the barrier i think its going to run pretty well
Posted by onemorehit on :
They are saying at Ihub that with the volume picking up this afternoon that news is coming!!
Posted by wallymac on :
Posted by: Shankman In reply to: None Date:2/27/2007 1:41:03 PM Post #of 43795
AMERITRADE NEWS!!!
I sent an email to Ameritrade regarding the dividend status. The 2nd part of the answer (payment will be issued to shareholders directly) was due to my questioning whether I would receive the PDR or if Ameritrade would join the "Fundacion" since my shares are held inside of my 401(k) Plan.
Mr. XXXXX,
TD Ameritrade will provide the company with the list of Non-Objecting Beneficial Owner (NOBO) list prior to the close of business on 03/02/2007.
At this time, our indications are that the company will issue payment to shareholders directly.
Sincerely,
Laurie W. Reorganization and Safekeeping, TD AMERITRADE Division of TD AMERITRADE, Inc.
Posted by netguy81 on :
its down to 0.0024 ... we need some news to break 0.0027 - 0.003
Posted by rivrwrat on :
I called the company the other day and spoke about the share buy back ect... very professional was may take on the way they answered my questions i think all longs will be happy some day there are some big Name politicians from central america in this company. and we all know about politicians...no brainer imo
Posted by cottonjim on :
HMMMMMM?
Posted by rivrwrat on :
I invite any one to do there own DD on this, call the company, chat with them they will give reason to go long with this gem.So many projects in the works major player in central america, condo's theme parks, Panama Canal ,Costa Rica, the list is endless. After the finacial audit this will go .Like I said big time polticans in this$$$$$$$ go to the web site and look for yourself. do a gooogle on the names on the web site .MAJOR MOOOLA!!
Posted by netguy81 on :
what got into PNMS initially was the theme park proposal and then did some poking around ... seemed like a good bet ... and now i'm thinking of going really long on this ... lets wait for the audit to be completed !!
Posted by onemorehit on :
Yep, by March 15th. Keep your eyes on this one because it should start picking up some interest by mid week of next week.
Posted by netguy81 on :
the price is down to 0.0021 and i thought about picking up more around that range but the Ask rate is still 0.0025 ...
i need more of PNMS !!
Posted by Burn on :
pay the ask then
Posted by netguy81 on :
i have decent amount of shares of PNMS ... i was just hoping to get some more if it goes down but there is no need for me to pay the Ask rate ...
thnx for the great idea !!
Posted by rivrwrat on :
got some *.0021 today, ready and loaded for the launch ..
Posted by netguy81 on :
damm that's awesome ...i had my order to buy at 0.0022, but could not buy any shares today !!
anyway, hopefully more opportunities will come ....
Posted by rivrwrat on :
question for you all? why does a pos like ecfl go to .03 with no finacial ever stated no profits ever stated and gem like pmns and the quarterly reprorts look awesome and the price is so low ???? i dont understand
Posted by netguy81 on :
i have asked my self the same question ... and wish i knew why this happens but i think its a combination of things like # of O/S (ECFL - 50 mil and PNMS - 7.6 bil), the positive PR's , big MM pumping up the stock etc ...
i'm sure someone more experienced here has a better answer .. but i hope PNMS reaches some new heights pretty soon with there audit being complete getting listed on OTCBB
Posted by madmoney on :
quote:Originally posted by rivrwrat: question for you all? why does a pos like ecfl go to .03 with no finacial ever stated no profits ever stated and gem like pmns and the quarterly reprorts look awesome and the price is so low ???? i dont understand
because the O/S is HUGE and IF they dared to file those so called financials with the SEC tradeing would be suspended within a week!! IMO!! this is a scam! IMO!!! only three MM`s have been on the bid. why is that? perhaps because no others will touch it! they know what it is! again IMO!!! GLWTO!!!
Posted by stocknet on :
quote:because the O/S is HUGE and IF they dared to file those so called financials with the SEC tradeing would be suspended within a week!! IMO!! this is a scam! IMO!!! only three MM`s have been on the bid. why is that? perhaps because no others will touch it! they know what it is! again IMO!!! GLWTO!!!
What are you talking about? How can you call this a scam and not give a single reason?
Posted by wallymac on :
quote:Originally posted by madmoney:
quote:Originally posted by rivrwrat: question for you all? why does a pos like ecfl go to .03 with no finacial ever stated no profits ever stated and gem like pmns and the quarterly reprorts look awesome and the price is so low ???? i dont understand
because the O/S is HUGE and IF they dared to file those so called financials with the SEC tradeing would be suspended within a week!! IMO!! this is a scam! IMO!!! only three MM`s have been on the bid. why is that? perhaps because no others will touch it! they know what it is! again IMO!!! GLWTO!!!
The simple answer about the MM's is the fact that the company is unquoted on PinkSheets. Not the best recommendation but not a kiss of death or proof of them being a scam. I'm very open minded, if you have DD that you have done that shows this company is a scam then post it along with the links to back it up.
In the DD I have done, I have found that the deal they signed with WILLIS GROUP HOLDING (NYSE:WSH) is true, was confirmed by Willis themselves. They have some real political heavyweights in Central America on the BOD. There is more much more:
Why was the name changed? "The name PayPro Inc. no longer clearly reflected the company changes which were occurring, nor those still to come. To clarify the planned evolution of PayPro Inc. from a pink-sheet penny stock company into a NASDAQ-listed Pan-American Enterprise and a clearly-defined forward-looking vision and Business Plan, it was re-named the PANAMERSA Corporation." ( Source: http://www.panamersa.com/faq )
What is PANAMERSA Corporation? "PANAMERSA Corporation is a Holding Company made up of a group of dynamic, forward-looking business entities. This group of entities is dedicated to promoting and assisting the Commercial Integration of Latin America into the Economic Development of the Western Hemisphere and the sustainable protection of Earth’s Flora, Fauna and Water Resources through the MicroForests Program. PANAMERSA Corporation headquartered in Dallas, Texas with an operating Latin American Division headquartered in Panama, the Hub of the Americas. The company will include a Board of Directors comprising a Chairman, President & CEO, a Senior Vice-President and 4 Vice-Presidents, Secretary and Treasurer. This group of well-qualified Pan-American professionals will oversee the implementation of our Business Plan in the company’s four operating regions which are as follows: --AMERICA I The Caribbean --AMERICA II United States, Canada, & Mexico --AMERICA III Central America & Panama --AMERICA IV South America This will have a major positive impact on the Consolidated Balance Sheet of the off-shore Business Entities which will eventually become part of the NASDAQ-listed, Pan-American Enterprise." ( Source: http://www.panamersa.com/faq )
```````````````````````````````````````````````````````````````````````````````` ```````````````````````````````````````````````` PANAMERSA CORPORATION Board Members: ```````````````````````````````````````````````````````````````````````````````` ```````````````````````````````````````````````` Mike Terrell - President, CEO Hector Bolívar Alemán Estévez Manuel A, Gonzalez-Purón Pedro A. Borges Fiol, MBA
The Board of Directors of Pan America Sociedad Anonima (MMVII) PANAMERSA is as follows:
Director President: Pedro Borges Fiol Director Assistant to President: Adrian Gonzalez Castro Director Vice-President Executive: Rodney Adam Omanoff
D Vice-President Regional AMERICA I (Cuba & The Caribbean): Julia Ibarra Seas D. Vice-President Regional AMERICA II (Canada, United States of North America & Mexico): Micheal Scott Terrell D. Vice-President Regional AMERICA III (Guatemala, Belice, Honduras, El Salvador, Nicaragua, Costa Rica & Panama): Manuel Gonzalez-Puron D. Vice-President Regional AMERICA IV (Venezuela, Brasil, Argentina, Bolivia, Uruguay, Paraguay, Chile, Peru, Ecuador, Colombia): Hector Bolivar Aleman Estevez
Director Secretary: Abel E. Camps Bello Director Treasurer: Antonio Murillo Cambrione Director Fiscal: Bernal Murillo Vargas
```````````````````````````````````````````````````````````````` Links to news and other info on board members: ```````````````````````````````````````````````````````````````` Hector Bolívar Alemán Estévez: http://investorshub.com/boards/read_msg.asp?message_id=16427311
```````````````````````````````````````````````````````````````` Share Structure: ```````````````````````````````````````````````````````````````` A/S: 10 billion O/S: 5,629,010,600 as of 1/5/2007 per press release - (see below) FLOAT: estimated to be approx 1.2 - 1.3billion shares
```````````````````````````````````````````````````````````````` Transfer Agent: ```````````````````````````````````````````````````````````````` Nevada Agency and Trust 50 W Liberty St. Suite 880 Reno, NEVADA 89501 Telephone 775-322-0626 Fax 775-322-5623 E-Mail: info*natco.org
Links to Articles of Interest to Shareholders ```````````````````````````````````````````````````````````````````````````````` ```````````````````````````````````````````````` Purchases of Certain Equity Securities by the Issuer and Others: http://www.sec.gov/rules/final/33-8335.htm
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3) Please preface all off topic posts with OT:. Many of us are friends here, and chatter is a natural and welcome part of the I-hub experience. But be respectful of, and value the time of, your fellow traders. During trading hours please keep off-topic posts to a minimum. The main thing is to keep the main thing the main thing.
4) Vulgarity is a violation of TOU. Cursing and/or lewd comments of any kind are unacceptable on this board.
If you have further questions, I have found the company to be very open and forthright in responding. They have also followed through on there promises unlike most Pinksheet Companies.
Happy reading and Good Luck Wally
Posted by Yankee on :
your reaching for straws. Hang in!!!!!!!!!!!!
Posted by rivrwrat on :
Thanks Wally i did my dd and came to a conclusion to stay with it and hope for the best.Out of all of the big pos pinkies out there I think I found one pos that might not smell that bad..GLTA nothing ventured nothing gained?
Posted by madmoney on :
quote:Originally posted by ********:
quote:because the O/S is HUGE and IF they dared to file those so called financials with the SEC tradeing would be suspended within a week!! IMO!! this is a scam! IMO!!! only three MM`s have been on the bid. why is that? perhaps because no others will touch it! they know what it is! again IMO!!! GLWTO!!!
What are you talking about? How can you call this a scam and not give a single reason?
all I did was provide an OPINION in anser to a question IMO = IN MY OPINION! I have done my DD wich does NOT consist almost entirely of the opinions of random poster from IHUB or partial info provided by the company! maybe some of the more therough DD`ers could help me out, how large is the micro forest property? and where EXACTLY is it located?. how many plots of land have been sold? seems they derived most of thier income from commisions on the sale of these parcels. where is the link to the program witch would allow me to buy a micro forest plot? the only one i see so far is simply an email link!. what is the cost of a plot of microforest? must be pretty good if they have gotten 20 odd million in commissions from thier sales?! where are they being advertised?. company web site? is that it?. did they accounted for the divy plots as income?. how did they show 80 million dollars of income by having one of thier OWN subsidiaries buy thier own stock at 10 times market value? can they account for this transaction as cash?. hey i dont know! it all seems fishy to me! I did read the financials and it looks to me like creative accounting smoke and mirrors. check out the split history, pay attention to the deal dates. this was carefully crafted to sound better than it is. ALL THIS IS MY OPINION!!! witch I am free to express. MY DD says stay away!! others may read it or spin it differently! thats our perogative! as i said I did my DD and i did not like what i found. I believe very little of what these companies PR. I am a realist, i read between the lines and form my own opinions! I am not bashing! do what you like! I play lots of pinks i think are less than honest and make good money doing it. I am not afraid to post my so called " negative " opinions on the threads of stocks I am playing. case in point ETIM i think the company is worthless and have said so on that thread! I have also bought and sold it 4 times for a profit. it`s a great flipper even if i dont like it! and i still dont like the fact that only 3 MM`s are quoteing bids on this, lots of non-reporting pinksheet in this price range with many MM`s quoteing them. why not this one? hey, just thinking out loud. CSHD had " heavy hitters " "dignitarys and politicians" look at it now!! THE ABOVE STATEMENT REPRESENTS MY OPINION, IT IS NOT A RECOMENDATION TO BUY, SELL OR HOLD. FEEL FREE TO IGNORE THIS POST! GLTA!!!
Posted by dacollecter on :
I sold all my shares of PNMS, because they never gave me or even contacted me about the land divy. I signed up and told them how many shares I had on the website.
Posted by rivrwrat on :
yeah, it makes you wonder about the so called divy i called thme about it and they told me they are waiting for the nobo list from the brokers.butt im still in and waiting for the run 99.9% of pinkies are like this one, but the numbers really caught my eye
Posted by wallymac on :
The links I posted above may be from I HUB but they link to information that was found not just opinions. I do not advocate anyone to buy or sell. I simply put the information out and let the individual decide what to do. With the CSDH " heavy hitters " "dignitarys and politicians" it was all loose affliations, here the politcos I refer to are actually on the board of directors, there is a difference. Everyone is entitled to opinions but the strength of a post is always determined by the links that one provides to back an opinion.
As far as the Land Dividend, the company has stated the delay and the reason for the delay. Above I posted a message from AmeriTrade stating that they had not complied with the request of providing share ownership and that they would do so by this past Friday. Taking that into consideration, IMO, we should see progress on the Dividend this week.
I have always will always recommend that the most important thing in playing stocks is to protect one's capital. Take profits on the way up because it lessens exposure to situations that occur with all penny stocks. They go up a but they also come back down.
GLTA Wally
Posted by stocknet on :
quote:all I did was provide an OPINION in anser to a question IMO = IN MY OPINION!
Even if it is your opinion, it seems strange you come here calling the company a SCAM when you have no proof. If you don't like the company, why don't you just say you don't trust some things or you are unsure about some things, but to call it a SCAM seems harsh to me. There are many other pink sheet companies that have been proven to be SCAMS. There is no proof this one is a scam and it is actually making quite a bit of money.
Posted by netguy81 on :
scam or no scam ... it is definitely a good flipper ... IMO this is not a scam but still i would not put all my money into it !!
Posted by Yankee on :
anyone heard from burn lately.
Posted by onemorehit on :
Volume up 50% from yesterday. With news expected on the 15th, volume should steadily increase. It needs to start upticking pretty soon!!!
Posted by Burn on :
quote:Originally posted by Yankee: anyone heard from burn lately.
Still here. Not going anywhere until PENNYLAND
Posted by netguy81 on :
i think so too ... the stock would definitely start going up as March 15'th nears !!
Posted by rivrwrat on :
ONLY TIME WILL TELL AND LONGS WILL GET PAID!!!!!!!!!
Posted by Yankee on :
ok I missed something what;s up with 03/15. This is crazy. This stock should fly but? Good to see your still around Burn.
Posted by rivrwrat on :
Who cares about a little thing like owning some of the most desirable property in Latin America!
A theme park with docks for ocean liners? ...ho-hum
Management of microforests in Costa Rica which the which world is clamouring after. ...yawn
Owning a piece of history with the world 1st global warming dividend - which the naked shorts are fighting tooth and nail because they simply cannot cover ever!
Well known political figures and world renowned business men on the board and partnering with us? ...next
A CEO that retires 4/5's of his own holdings to reduce the bloated O/S ...and? long and stong and some call this a scam ,this has got to be the biggest so called scam ever go PNMS!!!!!
Posted by Burn on :
quote:Originally posted by rivrwrat: Who cares about a little thing like owning some of the most desirable property in Latin America!
A theme park with docks for ocean liners? ...ho-hum
Management of microforests in Costa Rica which the which world is clamouring after. ...yawn
Owning a piece of history with the world 1st global warming dividend - which the naked shorts are fighting tooth and nail because they simply cannot cover ever!
Well known political figures and world renowned business men on the board and partnering with us? ...next
A CEO that retires 4/5's of his own holdings to reduce the bloated O/S ...and? long and stong and some call this a scam ,this has got to be the biggest so called scam ever go PNMS!!!!!
NICE POST. VERY NICE
Posted by stocknet on :
PNMS has moved back to one of the most active boards on IHub and there was good buying at the ask yesterday. Usually a very good sign for a nice run! Posted by Burn on :
green and going higher
Posted by stocknet on :
Volume is coming in now!!!! Let the games begin!!! 24x25
Posted by rivrwrat on :
thanks burn but it was a quote from 4godwv on ihub..but it is my exact thoughts
Posted by TheGambler on :
It kills me to think I owned this stock at .0005 for 3 months and it stalled the entire time. Sold it for cost and now look at it. Just cant go back to it now. Wish you all the best with it.
Posted by onemorehit on :
We would have closed at .0024 except for the sale of over 2 million after close. One uptick is fine, as long as it is in the green!!! Looking good for tomorrow, lot of large buys at end of day!!!!
Posted by netguy81 on :
rivrwrat ... lots of passion here ... nice ... hopefully in next few days the stock would go up given there auditing is going to be completed ... lets go GREEN
Posted by rivrwrat on :
Passion is a good word for this when you have so much hope for a stock like this to explode ..this might be the POS pinky now, But look out cause big boards here we come slow and steady!!
Posted by netguy81 on :
looks like PNMS is all set to go from pinkyland to OTCBB ... that itself is a huge step forward .. the only thing that worries me is there huge O/S .. around 7.6 billion
Posted by Burn on :
quote:Originally posted by netguy81: looks like PNMS is all set to go from pinkyland to OTCBB ... that itself is a huge step forward .. the only thing that worries me is there huge O/S .. around 7.6 billion
5.6
Posted by netguy81 on :
scottrade's showing me 7.6 ... even if it is 5.6 ... that is still lot of shares out !
Posted by Burn on :
quote:Originally posted by netguy81: scottrade's showing me 7.6 ... even if it is 5.6 ... that is still lot of shares out !
1 billion buyback also slated. the 2 billion retired will show on May financials
Posted by netguy81 on :
coool ... tht is definitely good news ... for some reason i thought that they 2 billion retired shares had already been taken into affect !! Posted by Burn on :
quote:Originally posted by netguy81: coool ... tht is definitely good news ... for some reason i thought that they 2 billion retired shares had already been taken into affect !!
NOPE. I also dont think the O/S to high for a profitable company. Fourth quarter earnings for 2006, released earlier this month, show posted net earnings over third quarter 2006 at an increase of 545 percent. Annual revenues rose to $46.4 million and year-end net profits showed $27.4 million.
Posted by stocknet on :
5.6B is a little high but the company is making serious money and the price is just 1/4 of a penny per share! Market cap of just $14 Million dollars!!! And, if I'm not mistaken, the audited financials on the 15th will show over $20 Million in the bank alone!!!!
Posted by netguy81 on :
down to 0.002 Posted by madmoney on :
news out -------- --------- Pan America Sociedad Anonima (MMVII) PANAMERSA Announces Change in Board of Directors Mar 9, 2007 12:22:00 PM PANAMA CITY, PANAMA -- (MARKET WIRE) -- 03/09/07 -- Pan America Sociedad Anonima (MMVII) PANAMERSA (PINKSHEETS: PNMS) President, Pedro Borges Fiol, announced, "As of March 1, 2007, Rodney Adam Omanoff will no longer be serving as Director & Executive Vice-President of Pan America Sociedad Anonima. Omanoff is no longer affiliated with any of PANAMERSA's operating companies or regions. This change is due to philosophical differences with me, and should not adversely affect any of our operations. I wish him the best in his endeavors." bail before jail????
Posted by netguy81 on :
hmmm ... wonder what are those 'philosophical differences' and will this in any way affect the stock price ... probably we'll know more about it next week !!
Posted by onemorehit on :
Hmmmm, all of a sudden, volume coming in big time!!! News on financials or is the above news making it go north!!! .0025 now
Posted by onemorehit on :
9 million in about 3 minutes
Posted by madmoney on :
more news? I dont believe a word of it but here it is! ------PANAMERSA Corporation Board of Directors to Meet to Discuss Buyout Mar 9, 2007 2:00:00 PM DALLAS, TX and PANAMA CITY, PANAMA -- (MARKET WIRE) -- 03/09/07 -- The board of directors for PANAMERSA Corporation is scheduled to meet March 15th 2007 to discuss a complete buyout of shareholders for PANAMERSA Corporation (PINKSHEETS: PNMS) stock.
"I feel strongly that this is the best option for PANAMERSA and our shareholders," said Mike Terrell, CEO of PANAMERSA Corporation. "Our stock continues to be undervalued (.0021) due to the consistent manipulation by naked shorting in the US market. Based on cash on hand alone, which will be certified on the 15th , and the recent reduction of the O/S by 2 Billion shares, our cash per share is $0.0035. Using any conservative multiple clearly illustrates the undervaluation of our stock."
PANAMERSA Corporation (PINKSHEETS: PNMS) is a holding company for a group of business enterprises which promote 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.
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.
Contact: Investor Relations 214-774-4870 ir*panamersa.com buying out thier OWN stock? going private? WTF? desperate pump? suspension comming?
Posted by onemorehit on :
wow, buyers coming out of the woodwork!!! This news is making the volume soar!!!
Posted by stocknet on :
If they say it is so undervalued, i wonder what kind of price will will give for the shares?? maybe .01 or more?
Posted by TopRob on :
TD Ameritrade is not accepting bids on this one. I wonder why.
Posted by onemorehit on :
ET is a pretty smart CEO, this little news is finally making it fly, after all his attempts to address the shorting, maybe he finally hit it on the head!!! Let's go Panamersa!!!!
Posted by netguy81 on :
dammmm this thing just went up !!
i just read the news and was wondering what the hell it meant .. are they going private or its a fake news item !!
Posted by Burn on :
GOING TO FLY
Posted by onemorehit on :
Smart move of ET's part!!! Buy us all out in pinkyland, move to the big board with all new symbol, cusip number, and end the shorting? A fresh start in the Big Lands!!!
Posted by onemorehit on :
Just caught my sell order in time!!! Wouldn't want to sell off now. Imagine all the poor people who set their sell orders and are not at comp to change them!!!! Posted by stocknet on :
Yeah, everyone cancel your sell orders. Absolutely no risk to buy this stock right now. Good luck everyone!!
Posted by netguy81 on :
thnx for reminding about the sell order ... i almost forgot i had to cancel my sell order ... lets wait and watch ...
i just hope this is not a fake news or some cheap pump scheme ...
Posted by onemorehit on :
All the brokers that are short and gonna have to pay stockholders out of their own pockets if this goes through. Maybe it is ET;s way of showing the Brokers not to mess around shorting anymore. Once news of this gets out, other stocks could follow suit this way. ET has tried many ways to address the shorting and none have worked. This might just be the answer to clean up the pinkies!!!!!!
Posted by onemorehit on :
Might just see .003 today!!!!!
Posted by netguy81 on :
i can finally have a good weekend !!
Posted by onemorehit on :
Yes, net, I might just go out and have a few pops tonight!!!!
Posted by netguy81 on :
quote:Originally posted by onemorehit: Yes, net, I might just go out and have a few pops tonight!!!!
I'm with you ... next week should be very interesting !
Posted by rivrwrat on :
I LOVE IT WHO SAID THIS AINT A REAL COMPANY .......SCAM MY a$$ GO PANAMERSA!!!!!!!
Posted by onemorehit on :
Printing .0029!!! Maybe .003 by close!!! Shorties will probably be having a few pops also this weekend, to drown away their sorrows Posted by onemorehit on :
Finally raised the bid to .0027, up we go!!!
Posted by rivrwrat on :
GOD BLESS THE SHORTS AT THIS TIME OF STRESS.. MAY THEY ALL DIE AND GO TO PENNY HELL
Posted by stocknet on :
Should be over 3 at EOD with a gapper on Monday. If you're not in yet, GET IN!!!!!!!!
Posted by netguy81 on :
hahaha ... that just cracked me up Posted by boneyardjeep on :
what happens if you do not want to take the buyout? or do you have that option. I would like to hang on to the shares if they go to otcbb. No?
Posted by madmoney on :
quote:Originally posted by boneyardjeep: what happens if you do not want to take the buyout? or do you have that option. I would like to hang on to the shares if they go to otcbb. No?
dont worry, there will not be a buyout! LOL!!!
Posted by Jo4321 on :
It depends on how the buyout is done. I had JLG which got bought out by OSK and I had no choice. I had to take the buyout price.
Posted by boneyardjeep on :
thanks. Well i hope to be able to keep this. Would be nice though to see .01 fo it
Posted by onemorehit on :
Oh gee, I wish I hadn't bought ETIM with my profit out of ECFL!!! Either way, it should be a win!!!
Posted by onemorehit on :
Who in their right mind would sell this stock now!!!
Posted by onemorehit on :
.0028/.0029, moving up again!!!
Posted by rivrwrat on :
ILL SELL YA MINE FOR A 1.00 A SHARE ON MONDAY MORNING NO FEE
Posted by onemorehit on :
Posted on IHUB: Valuation of Companies
Buyout Valuation Generally speaking a business can be sold for (3) years of net income, plus the value of the asset of the company. Assuming a Company has $1 million a year in 'net revenues' and $1 million in assets, then the value of that Company in $1M + $1M + $1M = $3M income value = $4 Million
A general business, and commonsense, principle is that the higher a Company's profits, the greater it's worth, and the more investors should pay for a percentage ownership in that Company.
Stock Market Valuation the 'stock market evaluation' of a publicly traded stock uses the same methodology to calculate the value of a company as a 'buyout'.
The difference is that the stock market uses a 'floating number' for the amount of years for the Company's net revenue to establish a value called a 'Price Earnings Ratio' (PE Ratio)
The generally accepted PE ratio has fluctuated in near term historic times from 10 times earnings to 35 times earnings, and at the current time is approximately 20 times earnings. This assumes that the Company will continue to make the same amount of money for 20 years, and that all of this profit will be equally divided among the 'issued and outstanding' shares of the Company. Under this evaluation method then the formula for the same Company noted in 'Buyout Valuation' would be $1M X 20 = $20M income valuation + $1M asset valuation = $21 million.
To arrive at a 'stock market price' the $21 million in valuation is divided by the amount of stock that is issued and outstanding. For instance, if the amount of issued and outstanding stock is:
...5 million shares: then $21M valuation divided by 5M shares = Share price should be $4.20 per share. ...21 million shares: then $21M valuation divided 21M shares = Share price should be $1 a share. ...50 million shares: then $21M valuation divided by 50 million shares = Share price should be 42 cents a share. In general a stock almost always trades above or below the should be price per share, based on PE ratio changes, general market conditions, specific industry 'groups', and predominantly on market expectations for the future earnings based on market of a specific Company, and/or a specific industry
Posted by onemorehit on :
Did they halt trading or what? 5 minutes with no trades, must be MM's getting their battle plans together!!!!
Posted by onemorehit on :
Here we go!!!
Posted by Burn on :
29s getting hit hard
Posted by onemorehit on :
Yes Burn, gotta love it!!! UCOI is up, ETIM is up!!! Nice green for me today!!!
Posted by rivrwrat on :
CLEANING THE ARSE'S
Posted by onemorehit on :
Come on .003 for the day!!!!
Posted by Burn on :
should gap Monday. Not everyone has seen the NEWS
Posted by onemorehit on :
TD Waterhouse is not allowing buys, only in Canada, and Ameriturd is not allowing them either.
Posted by onemorehit on :
Gee, can you imagine the volume if those 2 brokers allowed buying today, it would be astronomical!!!!
Posted by Burn on :
UPTICK
Posted by onemorehit on :
Yes, .003
Posted by netguy81 on :
OH YES !!!! ... enjoying every moment of this
Posted by onemorehit on :
Nice strong finish for the week!!!! Monday should be very interesting Congratulations to us all who have held through thick and thin!!!!!!
Posted by boneyardjeep on :
hEAR HEAR. I am glad that I went with the gut feeling on this one and held. GLTA that held this. can't wait till Monday to see what it brings.
Posted by stocknet on :
Somewhere between .005 and .008 by the 15th? A conservative estimate?
Posted by boneyardjeep on :
what does it take for a company to go to OTCBB? and would this be a good thing to happen and why if it is? sorry if it sounds like stupid questions but I am a greenhorn. Any info would be cool
Posted by striper on :
this is going to run big squeeze play hold them tight
Posted by Burn on :
quote:Originally posted by striper: this is going to run big squeeze play hold them tight
UNDER STATEMENT
Posted by stocknet on :
Anyone who isn't in yet, there is very little risk. Any buyout will be much more than the current price. SURE MONEY. Those already in, HOLD and ADD MORE!! Good luck!!!
Posted by onemorehit on :
Remember now, Buyout is only going to be discussed by the BOD on the 15th. It is not a definite deal!!!!! Certainly looks promising though.
Posted by Burn on :
Is it MONDAY YET?????????
Posted by onemorehit on :
I know Burn, I can hardly wait!!!! This is like being a kid in a candy store!!!! Posted by rivrwrat on :
what do you guys /gals think the buyout price will be if it does occur? imo i dont think it will happen PMNS is just trying to get back at the MM's for shorting the heck out of this gem of a stock
Posted by wallymac on :
quote:Originally posted by rivrwrat: what do you guys /gals think the buyout price will be if it does occur? imo i dont think it will happen PMNS is just trying to get back at the MM's for shorting the heck out of this gem of a stock
One thing I can say is that the company usually does what is stated it will do. I do believe that the buyout will happen. The buyout price is complete speculation. A PPS of .0035 is the amount of cash on hand and has nothing to do with the overall picture. They have been selling PDR's in Panama worth .04 a share so I think it will be somewhere between .0035 and .04. Taking this into consideration I SPECULATE that it will be between .015 and .02.
Wally
Posted by rivrwrat on :
thanks wallymac IM new to the game Im all in on this which isnt alot cause I lost alot learning but stayed in on this because they sounded like a real company with a vision
Posted by thesource on :
So is there still some play if I buy in at the current levels ??? Or is it a MOMO play for others to dump their shares on me ?
Posted by netguy81 on :
quote:Originally posted by onemorehit: I know Burn, I can hardly wait!!!! This is like being a kid in a candy store!!!!
hahaha ... i think most of us feel the same way ... cant wait for Monday ... i definitely think the stock is going to go higher till 15'th ... then it depends upon what the board decides !
Posted by stocknet on :
quote:Originally posted by thesource: So is there still some play if I buy in at the current levels ??? Or is it a MOMO play for others to dump their shares on me ?
Much different situation than the pump and dump to .008 a while back, looks like most people will be holding out for much higher because of the buyout possibility. I don't see any downside for anyone who buys less than .008
Posted by stocknet on :
PNMS has been the #1 hot topic over at IHUB all weekend, should be the best play this week. Posted by thesource on :
I'm in at .0034 . Just bought enough to make it worth watching but not enough to lose any real kind of money in .
Posted by Jeff240sx on :
in at .0032 - there's a TON of buzz about it, but less movement today than I expected.
Posted by netguy81 on :
its not moving as i had hoped ... but still there is a lot of trading time left ... maybe some good movement later in the day !!
Posted by onemorehit on :
This is getting like a chess game!!!! Do I or don't I. At least the bid just got moved up!!!
Posted by netguy81 on :
This is definitely not the run i had expected ... its between 0.003 - 0.0034
hopefully it'll go up in the next cpl of days !!
Posted by onemorehit on :
Maybe some action at EOD
Posted by netguy81 on :
quote:Originally posted by onemorehit: Maybe some action at EOD
thats what I'm hoping ...... i had at least expected around 20 - 25 % gain ... but its only 6.67%
but i do feel that this will eventually rise, maybe today everyone was just being cautious
Posted by onemorehit on :
I have been sitting here waiting for the action to start for 3 hours now! No Fireworks yet! Posted by Burn on :
fireworks will come later in the week. imo
Posted by a surfer on :
people are leary about claims to audited fianacials.
I still would have thought this would have gone up more today.
If they do come out as stated it will be interesting!
Posted by netguy81 on :
Lets just be patient till 15'th ... buyout or no buyout ... once the audited financial report comes out, it will definitely go up !!
Posted by rivrwrat on :
Posted by rivrwrat on :
quote:Originally posted by a surfer: people are leary about claims to audited fianacials.
I still would have thought this would have gone up more today.
If they do come out as stated it will be interesting!
Why would people be leary MR Terrel has never made a false claim to my knowledge yet!!
Posted by a surfer on :
quote:Originally posted by rivrwrat:
quote:Originally posted by a surfer: people are leary about claims to audited fianacials.
I still would have thought this would have gone up more today.
If they do come out as stated it will be interesting!
Why would people be leary MR Terrel has never made a false claim to my knowledge yet!!
Its not of Mike Terrell, its of pinkies in general.
Posted by stocknet on :
The financials will be audited and then there will be a much better sense of confidence with this stock. It will start going up just because people will feel more confident to hold it instead of flipping and daytrading it, IMO. The 15th is just a few days away!
Posted by netguy81 on :
wow ... cant believe this is going down so much ... looks like MM's are trying everything to bring it down ... and maybe cases of people flipping the stock
cant wait for March 15'th !!!
Posted by rivrwrat on :
wow im losing patience with this someone talk me into not dumping this pos
Posted by Yankee on :
Not much help here.
Posted by Burn on :
quote:Originally posted by rivrwrat: wow im losing patience with this someone talk me into not dumping this pos
I can't do that. I want your shares. BUT: March 15th 2007 to discuss a complete buyout of shareholders for PANAMERSA Corporation
Based on cash on hand alone, which will be certified on the 15th , and the recent reduction of the O/S by 2 Billion shares, our cash per share is $0.0035. Using any conservative multiple clearly illustrates the undervaluation of our stock."
year-end net profits showed $27.4 million.
Posted by onemorehit on :
I spoke with Theresa at PNMS today, she said that us diehard shareholders will be greatly rewarded and that MT was totally disgusted with the shorting and manipulation going on with the company. MT holds 500 million and this Theresa, I spoke with today also holds shares. I guess we just have to be patient and wait. I know the feeling, today, I changed my sell order like 10 times and finally called to see what was up. After talking with her I cancelled my sell order completely. She did say that a/f's will definitely be out on Thursday and the buyback would probably take up to 2 weeks to get figured out, if they do go that route. Do remember though that this is from the investors department of PNMS and nothing is guaranteed here, just that they are promising we will be justly rewarded. MT has pretty much been a man of his word so far, hence me cancelling my sell orders today. Hopefully this all comes out smelling like a rose!!!!!! GLTA
Posted by thesource on :
Only time will tell . Play the MOMO and get the heck out . If you stick around , you have no one to blame but yourself .
Posted by netguy81 on :
quote:Originally posted by thesource: Only time will tell . Play the MOMO and get the heck out . If you stick around , you have no one to blame but yourself .
I'm just waiting for tomorrow (15'th) to see what happens ... if nothing big .. then i'm going to sell my stock
Posted by rivrwrat on :
LETS ALL CROSS OR FINGERS AND TOES AND PRAY FOR THE BEST THURSDAY
Posted by iwannna on :
MT said it, now show us! "in an effort to qualify for the OTCBB will release Audited Fourth Quarter Financials of its off shore companies on March 15th confirming the increases in earnings and cash flow, CEO Mike Terrell announced"
Posted by madmoney on :
no MM`s on the bid this morning - none! - so far - only 3 minutes to the openning bell?
Posted by madmoney on :
got one now! one?
Posted by Globex on :
Any idea when the news will be out on this one?
Posted by stocknet on :
In the past, PR's have usually come out in the afternoon. When we see the volume increase, we will know it is close.
Posted by netguy81 on :
The most awaited Thursday ever !!! Posted by onemorehit on :
The Nov. 15th financial news came out at 2pm. So probably when these will come out, also, but just guessing, like everybody else!!!
Posted by netguy81 on :
quote:Originally posted by onemorehit: The Nov. 15th financial news came out at 2pm. So probably when these will come out, also, but just guessing, like everybody else!!!
hmmm ... so no sleeping after lunch today !!
Posted by Burn on :
BIG meeting today:
The board of directors for PANAMERSA Corporation is scheduled to meet March 15th 2007 to discuss a complete buyout of shareholders for PANAMERSA Corporation
Posted by onemorehit on :
Sleeping? God, I have been on pins and needles all week!!!!
Posted by netguy81 on :
quote:Originally posted by onemorehit: Sleeping? God, I have been on pins and needles all week!!!!
hahah .. i was just kidding ... all this week i have been waiting for thursday ... hoping for any good news that would push this baby up ... few more hours and we'll know !!
Posted by netguy81 on :
anyone got anything yet ??
Posted by Globex on :
nada, been holding my breath since 2pm.
Posted by netguy81 on :
maybe the PR going to be released after hours ... Posted by Steam_Ahead on :
buys are flowing in steady at EOD -- after hours PR = gap in the AM oops - with odd sell order here and there -- she's riding the 5 day MA nicely --- all signs are good IMO...
Posted by onemorehit on :
Got another buy in today at .003, hopefully it will pay off. After watching ETIM all day go up, up, and away, I am kicking myself for not keeping everything there. Hopefully this POS will do something tomorrow!!!
Posted by netguy81 on :
hmmmmm PR ... PR ... PR ... Posted by onemorehit on :
I know, if we get no news before pre-market, this POS is gonna tank, BIG TIME!!!!!
Posted by Spectacles on :
What does "painting the tape mean? tia
Posted by iwannna on :
they have till open to post there A/Fs. Painting the tape is timing a buy to close at the ask
Posted by thesource on :
I sure hope they release some news on the POS .........
Posted by iwannna on :
Panamersa *log A *log by Panamersa CEO Mike Terrell
Great News!!!!!!!! March 15th, 2007 I am in Panama and have today attended a marathon session of meetings. Representatives from all four regions of Pan America Sociedad Anonima (MMVII) were in attendance, as well as the council of Fundacion Pan America, to voice their opinions and make decisions while allowing each region to act in accordance with it’s way of doing business.
Throughout all of the meetings, I was cognizant of the fact that today was the promised date to deliver the certified financials back to the shareholders. We discussed this throughout the meetings and spoke with representatives from the government along with legal counsel representing Fundación Pan America. Due to Panamanian law, I could personally face civil and criminal charges for publishing the financials of private companies. These companies are protected by the foundation and are not accountable to the public regarding the release of financials.
I was, however, able to get special permission from both the government and counsel to allow me to release confirmation of the liquid assets as off December 31, 2006. What I can now present to you as certified as follows: $50 million that PANAMERSA Corporation has in escrow, $27.4 million earmarked for expansion, and $19,888,475.00 in the operating account.
Because of the late hour at which I received this information our Web team is unable to post the specific documents showing the certifications, as well as legal documents outlining the legal opinions of Panamanian law and regulations that make the full certification of information impossible. I will have these documents posted as soon as I am able – most likely tomorrow or Monday.
I will send out a press release tomorrow outlining all of the events from today’s meetings. . I’m clearly excited about the decisions we made and know that you will be too. We are moving forward at great speed and with great strength.
Micheal Scott Terrell President and CEO PANAMERSA Corporation
Posted by a surfer on :
jeez.......
I will send out a press release tomorrow outlining all of the events from today’s meetings. . I’m clearly excited about the decisions we made and know that you will be too. We are moving forward at great speed and with great strength.
I guess the holding pattern is in place.....
Posted by Globex on :
is my AMtrade messed up I just saw a 43% drop?
Posted by boneyardjeep on :
I thought that was good news...didn't realize everyone would sell with it too
Posted by Fuzzy1018 on :
unreal drop! will go up just as fast imo .0024 now
Posted by Fuzzy1018 on :
.002/.0024
Posted by Fuzzy1018 on :
.0021/.0024 now
Posted by netguy81 on :
yeah it is down by 30% .... not sure if it is a good time to buy more or actually wait for the PR release whenever it happens .. i.e. today or tomorrow !!
Posted by thesource on :
The news is bull**** . They had to have known about the Panama laws prohibiting them from releasing audited finances back when they PR'd it last month . Oh well , just another POS penny stock .
Posted by netguy81 on :
quote:Originally posted by thesource: The news is bull**** . They had to have known about the Panama laws prohibiting them from releasing audited finances back when they PR'd it last month . Oh well , just another POS penny stock .
I kinda agree with you .... it is hard to believe that all this while they didn't know about panama laws and suddenly yesterday they realized that they will not be able to realize the finances ...
luckily i'm still green on the stock and i think its time to take the profit !!
Posted by Fuzzy1018 on :
remember guys, "buy when no one wants em" follow the mm's. I'm adding all I can today because i know there'll be some news soon and we'll go back up again imo
Posted by thesource on :
quote:Originally posted by Fuzzy1018: remember guys, "buy when no one wants em" follow the mm's. I'm adding all I can today because i know there'll be some news soon and we'll go back up again imo
To each their own . I'd say the writing is on the wall .
Posted by Fuzzy1018 on :
nice buys coming in .0019/.002
Posted by Fuzzy1018 on :
mm's have take a full adventage of the opportunity and have loaded up cheap today imo; should be interesting today .002 gone now
Posted by Fuzzy1018 on :
big buys rolling in
Posted by netguy81 on :
call me an idiot ... but haven't sold mine yet ... i was almost going to ... just holding at the moment !!
Posted by madmoney on :
calling the LOD at .0015 - watch it!!!
Posted by Fuzzy1018 on :
quote:Originally posted by netguy81: call me an idiot ... but haven't sold mine yet ... i was almost going to ... just holding at the moment !!
I never sell into a sharp drop like that, I only add and it works for me .0024 as we speak
Posted by Fuzzy1018 on :
wow look at that volume coming in now
Posted by Fuzzy1018 on :
PANAMERSA Corporation Reduces Authorized Shares by Over 4 Billion, Offers Current Share Holders up to $0.04
2007-03-16 13:00 ET - News Release
DALLAS, TX and PANAMA CITY -- (MARKET WIRE) -- 03/16/07
The general council of Pan America Sociedad Anonima (MMVII) representing the four operating regions met yesterday to discuss the continued execution of the business plan made the following statement. "The general board of regions and the foundation council wants to make public that we are in compliance with all of our multi-jurisdictional codes of law and fully respect the self determination of each Pan American Region."
"Rampant naked short selling continues unabated in the region II capital market and is being used to manipulate and benefit the few insiders involved while destroying the entrepreneurs and small companies trying to follow the American dream," said Mike Terrell, CEO of PANAMERSA Corporation (PINKSHEETS: PNMS). "In our specific case, we release positive information about our company and the stock goes down due to the market manipulation."
For this reason PANAMERSA Corporation and the Board feel a move to a more stable exchange not only would benefit the Company but would allow the share holders the opportunity to have their share price based on earnings not blatantly reduced by manipulation. Because PANAMERSA Corporation does not depend on the selling of stock to pay basic salaries and expenses, the company has been able to move forward and has even made bold moves to protect shareholder's interests and increase share prices.
CEO Mike Terrell has been on a personal mission to increase the share price for all of the shareholders. Stated Terrell, "In the last 8 months I have done the following just to increase share price:
-- Reduced O/S by 4 billion in 6 months including 2 billion of my own stock. -- I declared a land dividend so every brokerage house would have to certify each shareholders position. I would like to point out the land dividend was paid by the company on time (conveyed to the Fundacion) The only reason shareholders do not have their dividend today is your broker does not feel compelled to certify what you actually own or just refuses to give us that number. Or in another situation the broker certified 10 million more shares sold than they had to sell according to the DTC position report. So until the Foundation has an exact count they will not be paid. Make no mistake the shareholders of record earned and will get their dividend, but not until their brokers certify who owns what.
"My job has not changed. I am here to increase share value, the basic job of a CEO. I will accomplish that despite manipulation, despite naked short sellers, because we will bury the doubters with profits and create a level playing field."
Our 30% share of the operating companies of the 4 operating regions has been paid in full. Our revenues derived from those regions are our share of the total operation. Our 4th Quarter assets have been certified as of December 31, 2006 which include 50 million in escrow and 29.4 million for expansion, both of which are a result of the sale of 2 billion restricted shares at $0.04. The remaining 19 million represent our consolidated 30% earnings from all regions. I can only certify amounts we receive. Because all of the operating companies are operating companies of the foundation their audited financials may not be disclosed publicly by law.
Effective immediately:
-- PANAMERSA Corporation authorized shares will be reduced by 4 billion shares.
-- The Share buy back will begin in conjunction with a shareholder price guarantee
-- A guarantee will be extended to loyal shareholders who wish to be a part of PANAMERSA Corporation's future.
-- All shareholders who request their certificates from their broker and exchange those shares for PDRs issued by the Fundacion and agree to hold them for 1 year will be guaranteed a minimum price of $0.02 per share or the current market price, which ever is greater, or the option to keep the PDR. In addition each guaranteed PDR will be backed by Gold reserves.
-- All shareholders who request their certificates from their broker and exchange those shares for PDRs issued by the Fundacion and agree to hold them for 2 years will be guaranteed a minimum price of $0.04 per share or the current market price, which ever is greater, or the option to keep the PDR. In addition each guaranteed PDR will be backed by Gold reserves.
-- All PDRs are issued through the Fundacion Pan America.
"These are exciting times as PANAMERSA Corporation moves forward to take her place in history," said Terrell. "I am projecting great growth and strength within our organization for many years to come."
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.
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.
Contact: Investor Relations 214-774-4870 ir*panamersa.com
Posted by Fuzzy1018 on :
PANAMERSA Corporation Reduces Authorized Shares by Over 4 Billion, Offers Current Share Holders up to $0.04
2007-03-16 13:00 ET - News Release
DALLAS, TX and PANAMA CITY -- (MARKET WIRE) -- 03/16/07
The general council of Pan America Sociedad Anonima (MMVII) representing the four operating regions met yesterday to discuss the continued execution of the business plan made the following statement. "The general board of regions and the foundation council wants to make public that we are in compliance with all of our multi-jurisdictional codes of law and fully respect the self determination of each Pan American Region."
"Rampant naked short selling continues unabated in the region II capital market and is being used to manipulate and benefit the few insiders involved while destroying the entrepreneurs and small companies trying to follow the American dream," said Mike Terrell, CEO of PANAMERSA Corporation (PINKSHEETS: PNMS). "In our specific case, we release positive information about our company and the stock goes down due to the market manipulation."
For this reason PANAMERSA Corporation and the Board feel a move to a more stable exchange not only would benefit the Company but would allow the share holders the opportunity to have their share price based on earnings not blatantly reduced by manipulation. Because PANAMERSA Corporation does not depend on the selling of stock to pay basic salaries and expenses, the company has been able to move forward and has even made bold moves to protect shareholder's interests and increase share prices.
CEO Mike Terrell has been on a personal mission to increase the share price for all of the shareholders. Stated Terrell, "In the last 8 months I have done the following just to increase share price:
-- Reduced O/S by 4 billion in 6 months including 2 billion of my own stock. -- I declared a land dividend so every brokerage house would have to certify each shareholders position. I would like to point out the land dividend was paid by the company on time (conveyed to the Fundacion) The only reason shareholders do not have their dividend today is your broker does not feel compelled to certify what you actually own or just refuses to give us that number. Or in another situation the broker certified 10 million more shares sold than they had to sell according to the DTC position report. So until the Foundation has an exact count they will not be paid. Make no mistake the shareholders of record earned and will get their dividend, but not until their brokers certify who owns what.
"My job has not changed. I am here to increase share value, the basic job of a CEO. I will accomplish that despite manipulation, despite naked short sellers, because we will bury the doubters with profits and create a level playing field."
Our 30% share of the operating companies of the 4 operating regions has been paid in full. Our revenues derived from those regions are our share of the total operation. Our 4th Quarter assets have been certified as of December 31, 2006 which include 50 million in escrow and 29.4 million for expansion, both of which are a result of the sale of 2 billion restricted shares at $0.04. The remaining 19 million represent our consolidated 30% earnings from all regions. I can only certify amounts we receive. Because all of the operating companies are operating companies of the foundation their audited financials may not be disclosed publicly by law.
Effective immediately:
-- PANAMERSA Corporation authorized shares will be reduced by 4 billion shares.
-- The Share buy back will begin in conjunction with a shareholder price guarantee
-- A guarantee will be extended to loyal shareholders who wish to be a part of PANAMERSA Corporation's future.
-- All shareholders who request their certificates from their broker and exchange those shares for PDRs issued by the Fundacion and agree to hold them for 1 year will be guaranteed a minimum price of $0.02 per share or the current market price, which ever is greater, or the option to keep the PDR. In addition each guaranteed PDR will be backed by Gold reserves.
-- All shareholders who request their certificates from their broker and exchange those shares for PDRs issued by the Fundacion and agree to hold them for 2 years will be guaranteed a minimum price of $0.04 per share or the current market price, which ever is greater, or the option to keep the PDR. In addition each guaranteed PDR will be backed by Gold reserves.
-- All PDRs are issued through the Fundacion Pan America.
"These are exciting times as PANAMERSA Corporation moves forward to take her place in history," said Terrell. "I am projecting great growth and strength within our organization for many years to come."
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.
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.
Contact: Investor Relations 214-774-4870 ir*panamersa.com
Posted by Fuzzy1018 on :
.0026/.0027
Posted by surgeon of steel on :
AAAARRRRRRGH!!!!! TD wont let me buy!!!*!#$$**$%^^%#*!*#$$%^$#*
Posted by surgeon of steel on :
Anyone with TD ameritrade able to buy?
Posted by netguy81 on :
glad i didnt sell my stock ... i was sort of pissed in the morning about the whole PR thing and them unable to release the audited finances !!
Posted by Fuzzy1018 on :
I'm still chasing with a mil share order lol; it'll go much higher imo
Posted by Globex on :
Am i reading this correctly that we are gonna get a 1 for 1?
Posted by Fuzzy1018 on :
.04 buyout wow
Posted by Fuzzy1018 on :
any ideas to where this run will stop at .04 Posted by a surfer on :
is it 2 cents or $15.....with my 6 for 1
Posted by Jo4321 on :
.04??? Or do they mean .004?
Posted by netguy81 on :
ok .. i'm still confused about couple of things from the PR .. and i blame that on my inexperience !!
Where does it say about the buyout offer at 0.04 .. there was this statement
Our 30% share of the operating companies of the 4 operating regions has been paid in full. Our revenues derived from those regions are our share of the total operation. Our 4th Quarter assets have been certified as of December 31, 2006 which include 50 million in escrow and 29.4 million for expansion, both of which are a result of the sale of 2 billion restricted shares at $0.04. The remaining 19 million represent our consolidated 30% earnings from all regions. I can only certify amounts we receive. Because all of the operating companies are operating companies of the foundation their audited financials may not be disclosed publicly by law.
so does this mean buyout at 0.04 ?? i know i'm missing something big time
i could find any other information about buying anything at 0.04
Posted by a surfer on :
net guy if you get your certs and hold them 2 years this is what happens... .04 yes
-- All shareholders who request their certificates from their broker and exchange those shares for PDRs issued by the Fundacion and agree to hold them for 2 years will be guaranteed a minimum price of $0.04 per share or the current market price, which ever is greater, or the option to keep the PDR. In addition each guaranteed PDR will be backed by Gold reserves
Posted by netguy81 on :
Ok my bad .... i read it twice and now it made sense .. where they had listed the offer of 0.04 cents or the current market price (which ever is greater) ... the only thing is, the shareholders will need to hold on to the shares for 2 years for this deal !!
Posted by a surfer on :
quote:Originally posted by netguy81: Ok my bad .... i read it twice and now it made sense .. where they had listed the offer of 0.04 cents or the current market price (which ever is greater) ... the only thing is, the shareholders will need to hold on to the shares for 2 years for this deal !!
If they are still in business...yes
Posted by Fuzzy1018 on :
quote:Originally posted by a surfer:
quote:Originally posted by netguy81: Ok my bad .... i read it twice and now it made sense .. where they had listed the offer of 0.04 cents or the current market price (which ever is greater) ... the only thing is, the shareholders will need to hold on to the shares for 2 years for this deal !!
If they are still in business...yes
lol good one surfer
Posted by netguy81 on :
quote:Originally posted by a surfer:
quote:Originally posted by netguy81: Ok my bad .... i read it twice and now it made sense .. where they had listed the offer of 0.04 cents or the current market price (which ever is greater) ... the only thing is, the shareholders will need to hold on to the shares for 2 years for this deal !!
If they are still in business...yes
lol ... but they claim they are going to guarantee that with GOLD reserves ... does it seem too good to be true kind of a deal
Posted by 10of13 on :
quote:Originally posted by a surfer: is it 2 cents or $15.....with my 6 for 1
Posted by Fuzzy1018 on :
quote:Originally posted by netguy81:
quote:Originally posted by a surfer:
quote:Originally posted by netguy81: Ok my bad .... i read it twice and now it made sense .. where they had listed the offer of 0.04 cents or the current market price (which ever is greater) ... the only thing is, the shareholders will need to hold on to the shares for 2 years for this deal !!
If they are still in business...yes
lol ... but they claim they are going to guarantee that with GOLD reserves ... does it seem too good to be true kind of a deal
its all just too funny lol imo
Posted by Ace of Spades on :
PNMS is a no brainer......this is gonna be the most talked about stock over the weekend IMO...I could be wrong put I'm green now so F*uck it
Posted by a surfer on :
hey guys I am hoping for the best here for you!!
My dad is still holding 4.5 million freebies in this. Wait till I send him the .04 news...LOL
thats 180k.
I am still leary of anything I read that is not in stone...
I love the line
In addition each guaranteed PDR will be backed by Gold reserves....
I wonder if its Panamanian gold???
Posted by Ace of Spades on :
I'll take .o1 ...... The bottom line is, this is a multi-bagger from here......Whoaaaa Babby
Posted by netguy81 on :
quote:Originally posted by Ace of Spades: PNMS is a no brainer......this is gonna be the most talked about stock over the weekend IMO...I could be wrong put I'm green now so F*uck it
u got that right mate ... i think most of us here in GREEN because we have been waiting for this news for quite some time !!
Posted by Ace of Spades on :
Once PNMS Goes green for today.....it's off to the races ! ! !
Posted by Lockman on :
Who the heck thought up this deal? This guy probably played three card monty as a kid! Once you've gotten your certs from the broker what the heck do you do with them then? Maybe send them to Panama?
Posted by netguy81 on :
where is 'onermorehit' and 'rivrwrat' ??? probably the most passionate people about PNMS on this thread !!
Posted by Fuzzy1018 on :
its about to go green imo
Posted by Fuzzy1018 on :
big buys at .003
Posted by Ace of Spades on :
32's up for PNMS now......It's gonna take off here IMO
Posted by Jo4321 on :
I don't know. All this talk about getting certs....last time I heard something like that was from CSHD. Posted by Ace of Spades on :
Regardless....It's a great buy for today and next week ! ! ! !
Posted by Fuzzy1018 on :
quote:Originally posted by Ace of Spades: Regardless....It's a great buy for today and next week ! ! ! !
agreed, they holding back buy orders wow
Posted by Fuzzy1018 on :
finally taking orders .0031/.0032
Posted by Ace of Spades on :
PNMS ..... Nice , lookin good here ! ! !
Posted by Fuzzy1018 on :
.005 today ?
Posted by netguy81 on :
hmmm ... lots of selling at this time !!
Posted by netguy81 on :
quote:Originally posted by Fuzzy1018: .005 today ?
that would be sweeeeet ... Posted by Fuzzy1018 on :
mm's will have to let it go soon imo; MOMO IS ON Posted by thesource on :
quote:Originally posted by a surfer: is it 2 cents or $15.....with my 6 for 1
Been there , done that !!! Give me 100% or more on this and I'm gone .
Posted by Fuzzy1018 on :
we'll have a big run going into the eod imo
Posted by Fuzzy1018 on :
.0031/.0032
Posted by netguy81 on :
looking good at the moment !!
Posted by Ace of Spades on :
PNMS looking strong as a Motha !
Posted by Fuzzy1018 on :
.0032 being pounded
Posted by Burn on :
LOOKING GOOOOD
Bought 600,000 more at .0014 this morning.
Posted by thesource on :
quote:Originally posted by Burn: LOOKING GOOOOD
Bought 600,000 more at .0014 this morning.
That was a ballsy but probably pretty smart move .
Posted by Fuzzy1018 on :
last dip before eod run imo
Posted by rivrwrat on :
IM here YAhoo!!!!!!!!!!!
Posted by netguy81 on :
quote:Originally posted by rivrwrat: IM here YAhoo!!!!!!!!!!!
glad you could join us !!
i hope this is the last dip before it goes green ... i dont care about reaching 0.005 .. but just be in green and i'll be a happy camper !!
Posted by Fuzzy1018 on :
.0029/.003 should go green soon imo
Posted by netguy81 on :
.0027 x .0029 --- Posted by onemorehit on :
where is 'onermorehit' and 'rivrwrat' ??? probably the most passionate people about PNMS on this thread !! I have been on Ihub all day!!! And trying to sell some stocks so I could buy some more of this today. Monday is gonna be a real scramble!!!! What a payday to come!!! AND ALL TAX FREE PROFIT!!!!
Posted by netguy81 on :
doesn't look like we are going to be in green, even after all the good news !!
maybe it will be different on monday !!
Posted by onemorehit on :
I hope so, I have been trying to sell some other stocks to buy some more of this, with no luck!!! Posted by netguy81 on :
quote:Originally posted by onemorehit: I hope so, I have been trying to sell some other stocks to buy some more of this, with no luck!!!
no luck in selling other stocks or no luck in buying this ... Posted by Uncle Smelly on :
Sounds to me like Mikey Boy didn't have the A/F's so he came up with the old "Share Retirement/Buyout" pump that we have heard oh-so-many-times.
You guys have to be nuts if you think in 2 years this Pink Sheet company - that can san anything they want - is going to honor that .04 deal, lol.
But hey could be good for a run on Monday, make some cha-cha-change. Posted by rivrwrat on :
quote:Originally posted by netguy81:
quote:Originally posted by onemorehit: I hope so, I have been trying to sell some other stocks to buy some more of this, with no luck!!!
no luck in selling other stocks or no luck in buying this ...
i did the same im no rich man so i dont have alot riding on this but i have all my funds allowed in this for the long, so... watch out the bashers are out in full force dont give into there BS, this is a real company with alot of $$$$$$$$ GLTA
Posted by Yankee on :
I sold out and made a little . Good luck all
Posted by onemorehit on :
I am gonna do 1 million shares to PDR's and hold the rest, I think. Just need a few questions answered for me!!! Hey, $40,000 or possibly more in 2 years for $2700.00 invested. I will take it!!!! Maybe with everything else, I will retire in 2 years time!!!
Posted by thesource on :
I'm in it for the short term run if there is one . Good luck to the guys pulling your certs and trading them in .
Posted by mathis on :
hey Wally havent heard your take on this. Whats your opinion? And how have you been?
Posted by wallymac on :
quote:Originally posted by mathis: hey Wally havent heard your take on this. Whats your opinion? And how have you been?
I've been good. Good to see you.
I'm still in the process of mulling this over and putting my thoughts together. As soon as the head clears enough to post something lucid, I post my thoughts. Of course it will only be my interpretation of things and nothing concrete since I have no inside information nor am I a broker, attorney or accountant. Hope I'll have been able to put my thoughts together by Sunday afternoon or evening.
GLTA Wally
Posted by a surfer on :
from builder on hub...
DD--Looks like MT was right w/ regards to the law and the release of the A/F's. Been doing some DD here and have found some useful links worth looking into if you may have questions. Doesn't answer why he just realized this at midnight on Thursday. But hey... s*3t happens. GLTA here. builder
"The Private Interest Foundation as an entity is the latest attribute established by the Panamanian Legislative Branch to help secure Panama's position as a tax haven. The 1995 legislation was drafted to complement the interests of foreign investors, especially those seeking asset protection. An additional protection provided by the 1995 legislation is that all persons involved in any activities, transactions or operations related to the Foundation are required to maintain full secrecy and confidentiality at all times. The punishment for breach of this duty is six months of imprisonment and fifty thousand-dollar fine, with the potential for further civil liability. This applies to persons involved in any transaction (constitution, amendments, by-laws, etc.) of the Foundation, irrespective of whether they work in the private or public sector. With the proper planning, a Private Foundation can be used as an integral part of estate planning. It is useful to keep in mind that Foundations have been established with the intent to attract capital from foreign investors, and in exchange the investor will receive secrecy on the operations made, asset protection and tax exemptions. In the event of political instability in Panama, the Foundation could relocate to another jurisdiction, subject to such jurisdiction's recognition of the Foundation. In this way the Foundation can protect itself from government instability and the assets can not be expropriated."
Panama's Private Interest Foundation Law N° 25 of June 12, 1995
As you can see here the above law refers to a private foundation, as taken from Panamersa's deed for the foundation, it is a public foundation. MicroForest, physically or on line, through the Certificates known as P D R. F) To be the beneficiary of shares and its dividends deposited in the Fundación Pan America, shares of the USA Company known as PanAmersa Corporation which in a Public Company in the United States of North America, incorporated in the Nevada State, and which acts as our representative in the Capital Markets in the USA and the rest of the World.
Posted by wallymac on :
I'm still thinking this through a bit but here's my take so far.
Either this is a massive scam that incorporates some very well known individuals in Central America, South America and Spain or there is a lot more here than meets the eye. I tend not to believe in the conspiracy theory since it would involve too many and be too widely spread.
Now down to the issue at hand. I've felt felt for sometime that the whole purpose of Paypro turning into Panamersa, in fact the aligning of Panamersa at all with Paypro was to attract and introduce investors to the Fundacion and the Pan Am region. It is my understanding that The Fudacion Panamersa is to be a depository for Real estate, Gold and other financial instruments. It is also part of the Tax free haven that Panama is striving to become.
Considering the above fact, the land Divy PDR's make more sense. It was and is a way to introduce U.S. investors to the Fundacion. I think the brokers know these and that is why they have not been very accomodating in releasing information because it could potential take business away from them.
So now the BOD of Panamersa has taken it a step further and out of the hands of the brokers. Attempting to get investor's to pull the certificates of the stock and exchange them for PDR's. This does 2 things. First it reduces the tradable float. Second it gets the U.S. investors to become members of the Fundacion and can then offer them investment opportunities in the region eliminating the middlemen(Brokers and MM's).
They also state that the money they promise for the guaranted buy back will be backed by Gold Reserves. OK, not much different then the way the lotery in this country pays out prizes. The lottery buy annuities at a fraction of the cost and then pays out the prize over time. If the company can prove that they have the money and have bought Gold to back up the guarantee then they in essence are banking on the fact that they believe 2 things. First, Gold will increase in value and so will the worth of the company. They can make money on the Gold and if the PPS goes where they think it will won't have to worry about buying back shares because they will be worth more then what has been promised.
What does it all mean to us? If they can certify to our satisfaction that they have the money and have purchased the Gold reserves to back them, it might be a risk worth taking. Yet, it is a Pink Sheet and that in and of itself is cause for concern. My personal trading style is not to call for Certs but that is just me. It's too late for me to worry about a year or 2 down the road.
It's up to each individual to do their own DD and to assess their own risk vs reward scenario.
GLTA Wally
Posted by rivrwrat on :
my gosh just came from IHUMP and they are bashing PNMS to beat the band mabye its a sign? im in for the long so bash all ya want$$$$$$$$$$
Posted by madmoney on :
looks like they took a page from the Rufus paul Harris play book! probably yield the same results! down 3 percent!!! and going lower! Posted by madmoney on :
B/A .0022 X .0024, one of the only 4 MM`s on the bid just closed! Posted by madmoney on :
only two MM`s left on the bid side! what happens if they both come off? MM`s dont want it, cant blame them!! down 22 percent! Posted by thesource on :
Looks like this one is going to the crapper ......
Posted by netguy81 on :
back to 0.0025 ... interesting
Posted by netguy81 on :
finally in GREEN ... 0.0028 ... any of you think it will go higher today
Posted by stock-junky on :
I hope so I got in at .0030
Posted by madmoney on :
PANAMERSA Corporation (PNMS) Partner DESIMPLEX to Supply New Trading Software to the Newly Formed PDR Exchange (Panama), Inc. Mar 19, 2007 12:49:00 PM DALLAS, TX and PANAMA CITY -- (MARKET WIRE) -- 03/19/07 -- PANAMERSA Corporation (PINKSHEETS: PNMS) announces Partner DESIMPLEX is in the final Beta testing of PDR trading software to be used by the newly formed Stock Trading company PDR Exchange (Panama), Inc.
PDR Exchange (Panama), Inc. will be an operating company of Fundacion Pan America and will be the engine used to trade receipts issued by Fundacion Pan America. Known as a Pan American Depository Receipt (PDR), it allows beneficial owners of the Fundacion to buy and sell PDRs online anywhere in the world. This will in effect create a private trading system that is open 24 hours a day, 7 days a week to anyone in the world who has a computer and is a beneficiary of the Fundacion. The beauty of the system is it completely eliminates any naked shorting or manipulation of Share Price (PPS) by brokers and market makers, while giving the individual beneficiary complete anonymity. ------------------------------------------------- *trade receipts issued by Fundacion Pan America. Known as a Pan American Depository Receipt * now bag holders can trade these things back and forth between each other!!! LOL!!! what a joke! though a clever one! I dont believe there is any sutch thing as a "pan american depository reciept", it`s something they made up for themsevles!! google it and see what you get! nothing!!!! here comes the SEC!! watch it folks!!!! JMO!!!! do what you want!!!
Posted by Uncle Smelly on :
This has scam written all over, lol you can't just create an exchange.
I'm actually surprised Rufus Paul Harris didn't think of this, sounds like one of his concoctions.
Posted by thesource on :
There's never a dull moment with these crappy penny stocks .
Posted by Globex on :
So does this mean they are de-listing completely? It would make more sense, from a company stand point to get there float under 500000 or what ever the magic number is to move to a more stable exchange. I personally think that making your own stock exchange is the wrong way to deal with the shorting. Besides all that, the one question that is eating at me is this; was or is this, the check card company that I invested in? If not where did it go? I’m not trying to bash, just trying to understand what is going on.
Posted by madmoney on :
looks like it`s going under .002!!
Posted by netguy81 on :
Great day for PNMS ... cant believe they are actually creating there own exchange (or something on similar lines !!) to buy and sell PDR's !!
stock dipped almost 30% ... where as it was supposed to increase big time after they disclose the "audited finances" !! (stupid panama law)
makes my believe even stronger ... do not trust a pinkie ... they are just good for flipping !!
Posted by madmoney on :
witch will come first, SEC suspension or .0002? place your bets!!!! LOL!!!
Posted by madmoney on :
quote:Originally posted by netguy81: Great day for PNMS ... cant believe they are actually creating there own exchange (or something on similar lines !!) to buy and sell PDR's !!
stock dipped almost 30% ... where as it was supposed to increase big time after they disclose the "audited finances" !! (stupid panama law)
makes my believe even stronger ... do not trust a pinkie ... they are just good for flipping !!
they have to create thier own exchange, no REAL exchange will recognize " panamanian depository reciepts" whatever they are!!! LOL!!!!
Posted by netguy81 on :
Here's more news regarding PDR's from CEO Mike Terrell's ****
A **** by Panamersa CEO Mike Terrell Shares/PDR/Fundacion Update March 19th, 2007
I am still in Panama with much to do but I wanted to take a few minutes and see if I could simplify this whole process of shares/PDRs/Fundacion
First let’s start with the Fundacion Pan America The Fundacion is a Depository Its only job is to hold and protect assets for its beneficiaries
The Fundacion does not invest your money, PDRs, gold etc
It does what you tell it to do as the beneficial owner
All the assets you deposit into the Fundacion which may be in cash, gold, PDRs, stock, etc are stored or deposited into the HSBC Bank in Panama I believe HSBC is the second largest bank in the world.
When you make a deposit into your local bank they give you a receipt
When you place an asset into a depository you get a receipt
Since the name of the depository is Fundacion Pan America
Then the receipt would be called a Pan American Depository Receipt (PDR)
So when you deposit your Certificate/shares into the Fundacion you get a receipt. The PDR will have a description of the asset you placed in the Fundacion be it cash or stock
The stock is always yours you can sell it at anytime you so choose.
The share price guarantee is nothing but a guaranteed floor so you know if the shares never go up the whole first year you have $0.02 locked in. On the other hand it has never been my intention to remove your liquidity. If you are holding PDRs and they start selling for 500.00 each (.05 pps)you have my blessing to sell your PDRs and take the money at any given moment. Or not, your choice.
The software to trade PDRs is being beta tested as we speak and I feel will be ready to roll out sometime next week. What does that mean to you? It means you will have a system where you are your own broker you decide your ask and you decide your bid.
When you buy you pay a commission of $10 regardless of the size of the buy.
When you sell you pay a commission of $10 regardless of the size of the sale.
Your cash account must have sufficient funds to execute the buy so if you do not have funds in your account they must be wired to HSBC/Fundacion/your account #
You can only sell PDRs in your account and the instant the sale is executed your cash balance will reflect instantly the money earned from the sale.
Your cash account is 100% liquid at all times and you may request disbursements, wires or in person withdrawals by requesting it online.
At all times the shares you conveyed to the Fundacion are safely stored in HSBC’s vault
The shares you conveyed can only be removed under the following conditions
1. You request them or
2. You have sold them and the new owner wants them
The important thing to understand. Soon there will be beneficiaries from every continent on earth. They will have the ability to buy or sell PDRs 24 hours a day 7 days a week from anywhere in the world. They will have for the first time a system that delivers Product (PDR) s and collects money instantly. A system impossible to short. A system that every beneficiary has a level playing field. A system where each trader has complete Anonymity.
I would like to stress to each of the Current and future PANAMERSA Corporation shareholders.
This is the future. This is the beginning of a movement. A movement that is Global in scope giving any natural person, legal entity, or government who is a beneficiary of the Fundacion the ability to be a part of the huge growth coming to the Latin American region.
Location no longer matters, status or a front row seat at the feeding trough are not needed, you no longer have to play in a rigged game.
This movement ends that. We are essentially taking our ball and going somewhere else to play. I don’t think any of us enjoy or want to continue to be robbed. We just want a system that is fair. Give me fair and let the chips fall where they may.
So shareholders I am not saying it is now or never. I am saying this is where we are going. I am not saying to get the guarantee you have to go now. I am saying take your time ask questions see how the software works. If you believe you can make a better income in the present system, then stay. But when you see PDRs trading with a higher pps day in and day out and night in and night out and weekends too. It will start to make sense. It will not be long until beneficiaries from all over the world will be buying PDRs.
I’d love to see all of our shareholders be in that run with no one manipulating the price.
Remember it is your football
If where you are now won’t let you buy remember you may be the little guy but it’s still your football. If you ask for your ball they have to give it to you. There is no game without a ball.
So don’t wait too long to get your cert. out of the current system there may only be counterfeit ones left.
At least with a PDR you know they are backed by real shares because you put them there.
Mike Terrell
CEO PANAMERSA Corporation
Posted by Burn on :
quote:Originally posted by madmoney: witch will come first, SEC suspension or .0002? place your bets!!!! LOL!!!
Witches scare me
Posted by madmoney on :
quote:Originally posted by Burn:
quote:Originally posted by madmoney: witch will come first, SEC suspension or .0002? place your bets!!!! LOL!!!
Witches scare me
it` a spooky stock, lots of hocus pocus in the financials!!! IMO! hey don`t get me wrong, if it looks like it will run I may jump in and out for a quick gain, so far it aint happenin!!!!
Posted by horsefly on :
we are out at .003 no land and no risk
Posted by Uncle Smelly on :
Holy Crap,
This guy sounds like the long lost brother of Rufus Paul Harris! That PR was full of more horse manure that all of Rufus's stable combined, give me a break.
This POS is going to tank hard and fast tomorrow.
Posted by onemorehit on :
Hope it tanks real low tomorrow, then I will scoop up another mil or two!!!
Posted by rivrwrat on :
Let it tank !!!!!!! Me buy more ME get rich$$$$$$$$$
Posted by rivrwrat on :
Something to consider...if you buy this stock and pull your certs and exchange the certs for PDRs as MT suggests, then the pps really doesn't mean squat. Because your money would instantly be what the PDRs are trading for.
Here's the deal...at some point all the certs are going to be in the hands of MT. And in fact, if there is NSS going on, there will be more shares to go around then actual certs and the #$% will then hit the fan. The nice thing is all the NSS going on is running the pps into the toilet and allowing the average joe to pick up shares very CHEAP.
Let them run the pps into the ground....just means we can buy more shares faster and we can pull the certs for less money.
This scenario is really better for us. Last thing I want is for the price to go up until the float can be purchased and certified. I hope they short the hell out of it. Because the REAL shares are eventually going to dry up and they will have no REAL shares to buy back. They will all be PDRs. That's when the SEC will have to deal with the reality that the MMs are trading virtual shares based on whatever they decide that have no connection with the company. i found this post on IBASH .just something to ponder
Posted by Burn on :
A **** by Panamersa CEO Mike Terrell
Technical Difficulty March 19th, 2007 Ever have one of those days? I know everyone is expecting the docs and I have them sitting right here. I am having difficulty uploading them due to scanner issues. I will try to have it solved by morning.
Mike Terrell
CEO
Panamersa Corporation
Posted by rivrwrat on :
HMMMMMMMMMMMMMMMMMM
Posted by Jo4321 on :
Technical Difficulties...
Posted by rivrwrat on :
The term SCAM keeps rearing it's ugly head here, so I have a few questions for you
1) If you were running a scam, why would you base it in Dallas, Texas..easily within reach of the law?
2) If you were running a scam, why would you announce things like "dividends" and "audited financials" if you believed at the time that you could not produce them? You would have just set an unecessary deadline on yourself. Let's face it, things would have just chugged right along fine if these announcements were not made.
3) If you were running a scam, why would you be continually REDUCING the O/S?
4) If you were running a scam, wht would you involve the names of respected businessmen like Manuel Puron, or high ranking Panamanian officials like Hector Alleman? How about Tony Fergo? Do you think MAYBE they would send someone to "have a word" with you if you used their names recklessly?
5) If you were running a scam, why would you make it so complicated that it would be hard to keep track of your story were it not true?
6) If you were running a scam, wouldn't you more likely have a simple "product" that more people understood and could relate to...like "cement sales?"
7) If you were running a scam, would you be able to get numerous "third party verifications" from people like David Shaw (Terre Verde) and larger companies like Desimplex? (By the way, if this were a scam, why would you even NEED a company like Desimplex involved?) Looks a little more like infrastructue developement to me.
Sorry...as many things as there are that we do not understand about this company, there are just as many things that do NOT point to "scam".
There have been delays, and a few problems lately. It wasn't that long ago that some of you were posting that they were suspicious because there WEREN'T any delays or problems.
Posted by T e x on :
are you experienced with penny-stock scams?
Posted by stocktrader22 on :
quote:Originally posted by rivrwrat: The term SCAM keeps rearing it's ugly head here, so I have a few questions for you
1) If you were running a scam, why would you base it in Dallas, Texas..easily within reach of the law?
2) If you were running a scam, why would you announce things like "dividends" and "audited financials" if you believed at the time that you could not produce them? You would have just set an unecessary deadline on yourself. Let's face it, things would have just chugged right along fine if these announcements were not made.
3) If you were running a scam, why would you be continually REDUCING the O/S?
4) If you were running a scam, wht would you involve the names of respected businessmen like Manuel Puron, or high ranking Panamanian officials like Hector Alleman? How about Tony Fergo? Do you think MAYBE they would send someone to "have a word" with you if you used their names recklessly?
5) If you were running a scam, why would you make it so complicated that it would be hard to keep track of your story were it not true?
6) If you were running a scam, wouldn't you more likely have a simple "product" that more people understood and could relate to...like "cement sales?"
7) If you were running a scam, would you be able to get numerous "third party verifications" from people like David Shaw (Terre Verde) and larger companies like Desimplex? (By the way, if this were a scam, why would you even NEED a company like Desimplex involved?) Looks a little more like infrastructue developement to me.
Sorry...as many things as there are that we do not understand about this company, there are just as many things that do NOT point to "scam".
There have been delays, and a few problems lately. It wasn't that long ago that some of you were posting that they were suspicious because there WEREN'T any delays or problems.
Keep dreaming buddy....you ever see a subpenny stock be a real successful company? I havent...please show me one.
Posted by dinner42 on :
quote:Originally posted by rivrwrat: Something to consider...if you buy this stock and pull your certs and exchange the certs for PDRs as MT suggests, then the pps really doesn't mean squat. Because your money would instantly be what the PDRs are trading for.
Here's the deal...at some point all the certs are going to be in the hands of MT. And in fact, if there is NSS going on, there will be more shares to go around then actual certs and the #$% will then hit the fan. The nice thing is all the NSS going on is running the pps into the toilet and allowing the average joe to pick up shares very CHEAP.
Let them run the pps into the ground....just means we can buy more shares faster and we can pull the certs for less money.
This scenario is really better for us. Last thing I want is for the price to go up until the float can be purchased and certified. I hope they short the hell out of it. Because the REAL shares are eventually going to dry up and they will have no REAL shares to buy back. They will all be PDRs. That's when the SEC will have to deal with the reality that the MMs are trading virtual shares based on whatever they decide that have no connection with the company. i found this post on IBASH .just something to ponder
Hi river rat. intertsting...lol
Lake Havasu, Mothers Day weekend as usual.
Posted by madmoney on :
so just to clarify, 1st you need to order your certs from your broker, takes 2 to 4 weeks or more, then you need to send your certs to the company in panama and have them exchange them for these PDR`s THEN if/when you get them (or do they keep them for you) you need to register with thier trading platform in panama, give all your personal info to this company in panama just like you did with your current broker?, sign some kind of brokers agreement so you can trade these PDR`s in this very small market consisting entirely of PDR holders?. what about taxes? will they be reporting trading activity to the IRS like your current broker does? if not could be a problem, offshore holdings? this whole process could take months! lots of other questions here no one is asking! GL!!!!
Posted by rivrwrat on :
There is alot of ?????? With this whole thing I might be jumping ship real soon ... just seems like alot of BS to make a some money
Posted by Uncle Smelly on :
PNMS is done and cooked. Mike Terrel failed the shareholders in a huge way, all that was wanted was A/F's on 3/15, Friday or Monday even would have worked.
But instead we got some whacked out PDR concotion that only a fool would bother with. Had he put out A/F's this would have soared past .01.
This one is over, MT has failed. On to the next pump!
Posted by Burn on :
quote:Originally posted by Uncle Smelly: PNMS is done and cooked. Mike Terrel failed the shareholders in a huge way, all that was wanted was A/F's on 3/15, Friday or Monday even would have worked.
But instead we got some whacked out PDR concotion that only a fool would bother with. Had he put out A/F's this would have soared past .01.
This one is over, MT has failed. On to the next pump!
Good Bye. Smell ya later
Posted by onemorehit on :
And now they have taken off the broken scanner ****, strange doings!!!!
Posted by rivrwrat on :
Bringing down to buy back shares delaying the prs on AF's too drop price trying to get people to send in there certs....??????????????HMMMMM what should i do I'm so confused..buy sell or jump off a cliff
Posted by stocktrader22 on :
quote:Originally posted by rivrwrat: Bringing down to buy back shares delaying the prs on AF's too drop price trying to get people to send in there certs....??????????????HMMMMM what should i do I'm so confused..buy sell or jump off a cliff
sljb reminder...
its over baby.
Posted by madmoney on :
down 29 percent!!!!! Posted by wallymac on :
Panamersa **** A **** by Panamersa CEO Mike Terrell
CEO Update 3-21-07 March 21st, 2007 Good morning loyal shareholders, potential shareholders and all of the Pan Americans of Regions I, II, III and IV who have been true to the cause.
I would like to start with an apology to those shareholders who expected to see the certified totals Monday. I take 100 percent responsibility for them not being here. I alone am to blame because I did not allow enough time for all of the proper channels and items to be completed. There, of course, were other circumstances involved, but that is irrelevant. The fact remains, what was promised was not delivered, and I am the one to blame.
The reasons for being involved in any company are based on performance of the company, potential and leadership. Investing based on these reasons keeps shareholders from acting in haste based on misinformation. I am asking you now to not run with the stampeding herd right off a cliff, speak with your brokers and make informed decisions based on your personal needs, not the posts of others on message boards.
I am not writing this to split hairs, or change the definition of the word is. I am writing this to tell you that I screwed up and want to own up to my mistakes. I miscalculated the length of time it would take to receive the certified document which confirms the totals in my hand to post on the Web site.
When we posted the financials in February I certified them; I signed them and I stand by them. The length of time it takes to get the official certification back from Panama will not change the facts or the numbers listed in the documents. As always, I will do what I can to help make this right for the shareholders. The fact is, for me it is not about the money, made apparent by the fact that I have not taken a salary in more than a year. PANAMERSA Corporation is about seeing where we are as a nation; it is about seeing our neighbors as what they truly are. They are Pan Americans just like you and me. They have families just like you and me, they have integrity, they have a dream of making our hemisphere and the world a better place, They have the same global warming problem as we do, they breath the same air we do, they are just like us. They are our brothers and fellow Pan Americans.
I will not stand for the unflattering remarks about my partners, associates and fellow Pan Americans that have been posted on sites or sent to me via e-mail. I have in my life worn many hats and worked with many different people. That said, I have never worked with a stronger group of honest men of their word. Those involved with PANAMERSA Corporation have integrity and are working diligently to do whatever needs to be done to set everything right.
Some have questioned these loyal supporters intelligence for buying shares at $0.04. I have not heard one complaint from them, in fact, I have had their full backing and support. They are from Pan America, they live there and work there and the reason they bought in at a higher PPS was because they had real shares and felt they were worth it.
As our previous press release stated, PANAMERSA Corporation has begun to buy shares back, and we are targeting shares held in cert form. Once we have the number of shares in certs equal to the O/S, I will declare the remaining shares (shorted) in the system as bogus.
As promised, I will release more details on the $0.02 and $0.04, one year and two year price guarantees as they become available. As far as the certification letter and accompanying documents are concerned, I will personally post them when I have received them in full. As I am sure you will understand, I will not be setting a date for when the financials will be posted; I will only confirm that they will be posted as soon as they are received by PANAMERSA Corporation. This should only be a few days delay, however, I can say with complete certainty they will reflect the same numbers I gave to you as certified on February 15, 2007.
Mike Terrell
CEO PANAMERSA Corporation
Posted by madmoney on :
this guy sounds more like Rufus everyday!!!
Posted by wallymac on :
quote:Originally posted by madmoney: this guy sounds more like Rufus everyday!!!
big difference, is that he takes resposibility for his actions or in this case inaction while Rufus blames everyone else. He manned up. See what happens by the end of the week.
GLTA Wally
Posted by madmoney on :
quote:Originally posted by wallymac:
quote:Originally posted by madmoney: this guy sounds more like Rufus everyday!!!
big difference, is that he takes resposibility for his actions or in this case inaction while Rufus blames everyone else. He manned up. See what happens by the end of the week.
GLTA Wally
before CSHD was suspended Rufus went on and on about how they were working out the problems and thanking his loyal share holders for thier faith and support in the company, bla,bla,bla,bla,bla......... turned out to be B/S!!!
Posted by a surfer on :
quote:Originally posted by madmoney:
quote:Originally posted by wallymac:
quote:Originally posted by madmoney: this guy sounds more like Rufus everyday!!!
big difference, is that he takes resposibility for his actions or in this case inaction while Rufus blames everyone else. He manned up. See what happens by the end of the week.
GLTA Wally
before CSHD was suspended Rufus went on and on about how they were working out the problems and thanking his loyal share holders for thier faith and support in the company, bla,bla,bla,bla,bla......... turned out to be B/S!!!
for some strange reason I believe this will pan out in favor of the shareholders....just an inkling..
Posted by rivrwrat on :
bought more !!!!! man im a sucker for the low ones
Posted by netguy81 on :
i'm in RED now and at one point this was one of the best bet i had ... till march 15'th ... and then booom ... i'm really in the confused land at the moment ... except for one thing that i'm not buying PNMS anymore !!
should i go for the certs (i need to figure out abt how to get my certs and get the PDR's etc ... ) or just wait for a bounce and sell !!
Posted by rivrwrat on :
net guy Im new and confused at this game too.All this hype about all this SH*T has me so confused But I think IM getting my certs then hagging onto them for a while and see how it pans out then if the pps goes up or down i still have the option to send for the pdr or sell for face value to scottrade I'll will wait to see if the pdr is really not a crock of Sh*T first
Posted by Burn on :
Rivrwat,,,I dont think this is a crock. CEO screwed up. timeline/proud
Posted by Firedog on :
Well Burn. See you are still in here. I have been away and looking at my PMNS I should have stayed away longer. Read some of the posts. No Dumping now. Hope MT breaks the mold and ends up being for real if not another hard lesson.
Posted by boneyardjeep on :
I called scottrade and it will cost $50 to get the certs. Then you have to do what? send in the certificates to Panamersa and they will give you the PDR's ? Or can you just wait and keep the shares? The gentleman that I spoke to at scottrade said that he had never heard of such a thing. think that there is any truth behind any of this from either side? Still just a newbie here and any opinions would be great to hear.
Posted by Firedog on :
Here is what the IR person at Panamersa sent me when I asked the same question.
Thank you for your inquiry. The PDR trading system is currently being beta tested. After that phase is complete there will be a press release explaining to shareholders how to properly use the system.
Thats all I know so far. I have another request for information and will post when I get a response.
Posted by onemorehit on :
From I-Hub, email from Pedro sent to a moderator: Posted by: 4Godnwv In reply to: None Date:3/22/2007 1:05:05 PM Post #of 54250
E-Mail received from Pedro Borges:
-------------------------------------
Good morning and God bless you all,
I am unable to write directly so I am using a contact in America II to send this email. I need to clarify an issue brought to my attention by the monitors. Please post this as follows:
1. I have been advised by phone of certain emails that have been sent to my attention at pborges*panamersa.com. I would like to tell you all that soon certain information that you have requested will be delivered.
2. The relationship between Panamersa and a Mr. Jerry O'Steen is a personal one.
3. The gold reserved that has been referred to by Mike Terell,the CEO of Panamersa Corporation, are located in a country in the America IV region. This is a project of Fundacion Pan America and its operating unit Pan America Sociadad Anonima (MMVII).
4. I only want to ask you to stand by until PR's regarding gold reserves are made.
5. Please do not speculate with the unknown. It is very bad for the image of your company Panamersa Corporation registered in the state of Nevada and HQ in Dallas, Texas.
After Sunday the 25th I will be able to communicate in a normal basis. Please allow your President and CEO of Panamersa Mike Terrell do his work.
Thank you for your attention Panamericans,
Pedro Borges Fiol Foundacion Panamerica
Posted by Burn on :
Buying more today
Posted by Firedog on :
Burn, Considered getting more at .0014, Decieded to go with another. Worked out well. Just luck today. I will be adding on dips waiting on the A/F. We will all be smiling then. LOL
Wally where did you find that letter from the CEO? I could not find it on the Website.
Posted by Burn on :
quote:Originally posted by Firedog: Burn, Considered getting more at .0014, Decieded to go with another. Worked out well. Just luck today. I will be adding on dips waiting on the A/F. We will all be smiling then. LOL
Wally where did you find that letter from the CEO? I could not find it on the Website.
If you have registered on the Panamersa website then you can access more info such as the CEO B l o g.
GLTA Wally
Posted by Firedog on :
Thanks Wallymac. I have S Trade. Are you aware of anyone using them getting their Divi?
Posted by wallymac on :
No the Divy will not be issued by the brokers. It will be issued as a PDR from the Fundacion. Last update I read on that was that the company was waiting to get the info from all the brokers before issuing it.
GLTA Wally
Posted by Firedog on :
Thanks for the update. Been away for a while and trying to catch up. I found and read the ****. I would sure like to see those numbers come out in the next couple of days.
Posted by Firedog on :
Not a bad EOD.
Posted by wallymac on :
quote:Originally posted by Firedog: Thanks for the update. Been away for a while and trying to catch up. I found and read the ****. I would sure like to see those numbers come out in the next couple of days.
I'm thinking early next week but be ready for the complaints since it will be certification of funds and not Audited Financials. They are running up against Panamanian Law. I think we will see a very nice run on this over the next couple of weeks. I, personally, don't believe in pulling Certs because I like to have the ability to trade when I want and am not really interested in holding any stock for years. Just me since I don't have children and want to be able to spend my money before checking out of this world.
GLTA Wally
Posted by dacollecter on :
I too think we will see a good run happening. Back in again. =)
Posted by Firedog on :
Thanks Wally for the update. I will be adding was trying at .0014 with no luck. I have a email to IR with some questions when I get an anwser I will post them.
Posted by Firedog on :
This is what IR sent me via email on friday. Not really anything new.
*****,
Once the trading platform is functional, you will be a able to deposit PNMS shares into your account and receive your PDR's. The PDR's are negotiable instruments that can be traded online. Should you chose instead to hold them in the foundation for the defined period, then a price equivalent to either .02 or .04 cents per share would be offered. If at that time the share price is higher, you could chose to sell the PDR's online at the going rate, or simply remove your shares and sell them on the open markets.
If I can be of further assistance, let me know.
Thomas Anderson, Investor Relations
Posted by rivrwrat on :
Well its been quiet in here about this big POS so IM thinking this is a scam .CEO is a liar said the AF's would be here 3/15 still nada I guess this going to be a big pump and dump like the rest of the pinky pos's
Posted by Burn on :
quote:Originally posted by rivrwrat: Well its been quiet in here about this big POS so IM thinking this is a scam .CEO is a liar said the AF's would be here 3/15 still nada I guess this going to be a big pump and dump like the rest of the pinky pos's
Posted by: causeimdaddydamnit In reply to: fenian who wrote msg# 55658 Date:3/27/2007 9:25:26 PM Post #of 55687
Recieved from Pedro tonight:
M. S. Terrell will have the docs. By/or the end of week,
Compliance has been time consuming. Hope its understood,
There is information that is treated as a secret, to protect the integrity of af our system
Thank you Pan American,
Pedro Borges Fiol
Posted by Firedog on :
Burn. Do you read this a A/F out at weeks end?
Posted by rivrwrat on :
M. S. Terrell will have the docs. By/or the end of week,
Compliance has been time consuming. Hope its understood,
There is information that is treated as a secret, to protect the integrity of af our system
lets all hope!!! Im still in ,crossing my fingers toes, ect..I broke the first rule "I fell in love with a pinksheet" wont do that again..
Posted by Firedog on :
I am right their with you. Keep looking for a bottom. I thought it was going to be .0014. Looks like .0011 for now. If something does not happen soon we may see .0009. IMO Maybe a chance to make good or loose big. Time will tell. Posted by netguy81 on :
yeah ... lets hope the docs come out ... and that pushes the stock up ...
i don't care about the buyout offer as i don't want to hold a pinkie for year or so .... I'm in red and I'll be happy to get my money back ... and if possible maybe make some money of it !
Hopefully MT will those freakin finances out ... if not i'll be really Posted by a surfer on :
getting some movwment today. .0015
Posted by rivrwrat on :
AF"'s tomarrow????????????
Posted by a surfer on :
keep walking her right up... .0017
Posted by Burn on :
.002 would be nice today
Posted by netguy81 on :
i dont abt 0.002 ... i'll be more than happy if it reaches there but i think there needs to some positive PR, especially regarding the finances ...
Posted by a surfer on :
Nice buys coming in. 4 mil. 2.9 mil.
Posted by netguy81 on :
quote:Originally posted by a surfer: Nice buys coming in. 4 mil. 2.9 mil.
do you track that through L2's
Posted by Burn on :
18s
Posted by netguy81 on :
is this an EOD run ??
Posted by Burn on :
I hope
Posted by rivrwrat on :
.002 ON THE HORIZON?????
Posted by netguy81 on :
i don't have L2's so i have no idea what is happening ... but 0.002 would definitely be sweet !!
Posted by Burn on :
might be getting our update. GO PNMS. 20s please
Posted by a surfer on :
quote:Originally posted by netguy81: i don't have L2's so i have no idea what is happening ... but 0.002 would definitely be sweet !!
.0017 X .0018 2 X 1
Posted by Burn on :
big buys at 18 coming in
Posted by netguy81 on :
nice ... Posted by madmoney on :
why do MM`s keep leaving the bid side? there were six market makers quoteing bids this morning but only three now?
Posted by Burn on :
18s getting smacked HARD
Posted by a surfer on :
.0019 X .002
Posted by Burn on :
ubss running this solo
Posted by a surfer on :
uhhhh... .002
.0019 X .0024 LOL
Posted by netguy81 on :
0.002 !!
Posted by netguy81 on :
dammm ... 0.0021
wats happening ?? did some news come out
Posted by a surfer on :
.0023
Posted by Burn on :
nice run. have a great weekend I WILL.
Posted by a surfer on :
.0022 close...
Posted by netguy81 on :
finally something to rejoice over !!
u all have a nice wknd !!
Posted by rivrwrat on :
WE ARE BACK IN THE SADDLE!!! WHAT WILL MONDAY BRING?? GOOD TO BE GREEN AGAIN MIGHT HAVE TO START FLIPPING SOME OF THIS
Posted by Burn on :
Impending NEWS would be my guess for todays action
Posted by Zoomie75 on :
WOW Burn, You were sure right on with calling that news!!
Posted by Jo4321 on :
Am I missing something? I can't find any news. But 4 days of green sure looks nice.
Jo
Posted by Burn on :
there wasnt any news. Monday imo
Posted by Zoomie75 on :
Jo, Burn was calling for news, and beacuse there wasn't any news I was making fun of him because he thinks hes a "know it all"
Posted by Jo4321 on :
Now you can make fun of me because I thought you were serious Posted by Zoomie75 on :
That would be to easy!
Posted by Firedog on :
I am going to be ready Monday. If news comes out we will be at least a bagger if not more. IMO
Posted by Jo4321 on :
Then we can all make fun of Zoomie75 Posted by Burn on :
quote:Originally posted by Zoomie75: Jo, Burn was calling for news, and beacuse there wasn't any news I was making fun of him because he thinks hes a "know it all"
hope you don't get banned again Zoom. I would truely miss your insight and DD on PNMS.
Posted by Yankee on :
Hello Burn hope all is well. Hang in.
Posted by Burn on :
quote:Originally posted by Yankee: Hello Burn hope all is well. Hang in.
everything is great.
Posted by Burn on :
quote:Originally posted by Zoomie75: Jo, Burn was calling for news, and beacuse there wasn't any news I was making fun of him because he thinks hes a "know it all"
Please direct me to where I was calling for news.
Posted by a surfer on :
still going up....
.0024 X .0025
Posted by netguy81 on :
now going down ... 0.0021 !!
Posted by wallymac on :
PANAMA CITY -- (MARKET WIRE) -- 04/02/07 -- PANAMERSA Corporation (PINKSHEETS: PNMS) received the official certification of the audited financials, which confirm the liquid assets ending December 31, 2006, CEO Mike Terrell announced today from Central America, and will be posted on PANAMERSA Corporation's Web site upon his return this week.
"I know there has been a delay in delivering the legal certification document, but it is as I have stated for several months now, the numbers are the same as the numbers released in February, but they are now certified by the fiscal and the external auditors as true and correct," said Terrell. "The numbers are strong and show our growth as a business, and the certification now confirms the monies that PANAMERSA Corporation held as of 12/31/2006."
Fourth quarter earnings for 2006, as released in February and now certified, show posted net earnings over third quarter 2006 at an increase of 545 percent. Annual revenues rose to $46.4 million and year-end net profits showed $27.4 million. Released numbers also reflect PANAMERSA Corporation's acquisitions producing and receivables current.
Fiscal Bernal Murillo Vargas Licensed Auditor Alexander Viquez Herrera Protector Pedro Borges Fiol, MBA
PANAMERSA Corporation A whole new game
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.
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.
Contact: Investor Relations 214-774-4870 ir*panamersa.com
Posted by a surfer on :
hmmm released at 1:47 p.m.
Posted by netguy81 on :
and somehow the stock price goes down ... shouldn't it increase unless its going down before it begins a run ... Posted by Firedog on :
Don't know what is up with this one. I was betting on this one running on this news. No one seems to like it. I was counting on a run myself. Posted by netguy81 on :
quote:Originally posted by Firedog: Don't know what is up with this one. I was betting on this one running on this news. No one seems to like it. I was counting on a run myself.
glad to know i'm not the only one who thought this might actually run after the news ...
anyway ... maybe it will run after the official certification is actually out and not just news about them !!
Posted by Firedog on :
I'm with you netguy. I am going to hold hoping that this will run when the numbers come out. Posted by rivrwrat on :
With this stock sell on news buy the next day or two after, you can accumulate so many free shares by just flippin this pos
Posted by Firedog on :
IMHO, I'm getting worried about these guys not being able to carry out one thing that they say they are going to do. I hope I am proved wrong but they are loosing creditabiliy every day. Posted by netguy81 on :
you got that right ... at one point they seemed to have a lot of credibility but since they announced the release of there audited finances, they have not been able to do anything straight ....
at this point, i just want the stock to reach a point where i can sell and not loose any money !!
Posted by Burn on :
PANAMERSA Corporation (PNMS) and DESIMPLEX to Provide Trading Platform for PDR Exchange (Panama), Inc.
DALLAS, TX and PANAMA CITY, PANAMA, Apr 04, 2007 (MARKET WIRE via COMTEX) -- PANAMERSA Corporation (PINKSHEETS: PNMS) and DESIMPLEX today announced an agreement to provide the infrastructure for the operating systems and software for the new, worldwide trading platform for PDR Exchange (Panama), Inc. This will establish the means necessary for the exchange to be functional and trading on a 24/7 basis. Beta testing is now being completed, and projected gross revenues from this venture are estimated at $271 million over the next five years. The establishment of PDR Exchange (Panama), Inc. is officially complete and trading should begin within a 30-day timeframe, said Mike Terrell, CEO of PANAMERSA Corporation (PINKSHEETS: PNMS). Once the site is live, it will provide a trading platform for Pan American Depository Receipts (PDR) that is always open and available worldwide to beneficiaries of Fundacion Pan America.
The partnership of PANAMERSA Corporation with DESIMPLEX and their involvement with PDR Exchange (Panama), Inc. is a groundbreaking endeavor. While American Depository Receipts (ADR) are commonplace and allow Americans to participate in offshore companies, PDRs will provide an opportunity to participate in the growth of Latin America and the western hemisphere, while maintaining a beneficiary's privacy.
"When I was invited to be part of this endeavor, I thought it was a very interesting project from a business point of view, but when I saw the inner workings, I got committed," said Manuel Gonzalez Puron, director vice-president of PANAMERSA Corporation's America III region. "Everyone wants to be part of history, and I believe this effort to integrate Latin America is our chance to bring our legacy back to life."
Added Puron, "PDRs are an effort of a group of people from different Pan-American countries. I hope the rest of the world can understand that PDRs are and will be an instrument to unite, and it will not be the last to come. The birth of PDRs is only an example of everything we can do together."
Note: A PDR is a Pan American Depository Receipt issued by Fundacion Pan America and available to beneficiaries of the foundation.
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.
DESIMPLEX, a solutions supplier, specializes in the development of software to facilitate the automation processes of control management. DESIMPLEX offers products to streamline the areas of performance evaluation, surveys and questionnaires, financial consolidation and accounting. The company is a result of the combined experience of more than ten senior consultants who understand the needs of clients. Solutions are easy to use and offer simple implementation, while maintaining high functionality. More information can be found at www.desimplex.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.
Contact:
Investor Relations 214-774-4870 ir*panamersa.com
Mercantile Ascendency NewsWire Angela Junell 214-461-3411 ajunell*mercantileascendency.com
Posted by rivrwrat on :
Well what do you think are we going down again or what
Posted by onemorehit on :
Ok, I am gonna say down the tubes!!! If I say down, it will probably go up and then, I, like netguy, can unload with no loss!!!
Posted by thesource on :
In that case ..........
To Hell with this thing Posted by netguy81 on :
quote:Originally posted by onemorehit: Ok, I am gonna say down the tubes!!! If I say down, it will probably go up and then, I, like netguy, can unload with no loss!!!
plz keep saying down the tubes and this will go up and i'll finally be able to get out Posted by rivrwrat on :
WELL PEOPLE THE AUDITED FINACIALS ARE DONE YOU CAN SEE THEM AT WWW.PANAMERSA.COM ...
Posted by Burn on :
post deleted HMMMMM
Posted by Firedog on :
Maybe we will get some buying pressure on Monday. If the O/S and finacials of true we are way under valued. IMO Posted by madmoney on :
quote: -------------------------------------------------------------------------------- Originally posted by rivrwrat: WELL PEOPLE THE AUDITED FINACIALS ARE DONE YOU CAN SEE THEM AT WWW.PANAMERSA.COM ... --------------------------------------------------------------------------------
these are the same financials that have been out for months! the only difference is they had some panamanian accounting firm "certify them" BFD!! over 7.62 BILLION O/S. and after reading the financial report SEVERAL times i STILL think they are useing some VERY creative accounting!. I still want to know where the money came from (income), they seem to be selling thier OWN stock to thier OWN subsidiaries and accounting for those transactions as income?, split history suggest manipulation to me and how many micro forest plots have been sold ( since those commissions seem to account for a large portion of thier income )( how big is the wildlife refuge? simple math suggests it should be at least 250 acres or less than half a square mile ) how did they sell so many plots of micro forest when they dont advertise them?? are they accounting for the divy plots as income?? and certified is NOT the same as AUDITED!. there is no complete breakdown of costs and exspenses, this is the same as most pinksheet companies! INCOMPLETE!!! , I DARE them to file this financial statement with the SEC as a 10Q!! they wont!!! they cant!! it`s full of holes and smoke and mirror BS! it`s time to fire off a statement to the SEC, send them copies of thier PR`s and financials and let them tell me if it looks legit! IN MY OPINION it`s not!, but i could be wrong! let the experts check it out.
Posted by wallymac on :
First off, the O/S was reduced after the first of the year by 2 Billion shares. The financials are the same because there was no need to change them after they were CERTIFIED and the Funds that PNMS claims they have were independently certified.
If you feel this is a scam as you have posted before and continue to intimate, you should sell. I know I would and have in the past. It's really simple.
I know one thing, if I have the choice of putting money into a PINKSHEET stock, I would chose the one that at least has deposits that are CERTIFIED over all the ones that boast of incredible revenues but never show anything to back it up.
Could this be a scam? Sure. Hey, Enron was a fulling reporting company and was a scam so anything is possible. Is the Risk worth the reward? For me it is. Everyone else needs to do their own DD make make that decision for themselves.
GLTA Wally
Posted by Burn on :
You tellem Wally. GO PNMS
Posted by rivrwrat on :
One thing to think about when was the last time you seen a pink sheet with money in the bank certified by anyone..(jeopardy song) Answer is who is Panamersa... They are the only one that I ever seen with that kind of cash on hand cold hard cash like 20+ million cash WOW..think about seems almost too good to be true BUT IT IS... Wallymac Burn and myself are going to be getting some of that soon IMO
Posted by wallymac on :
Posted by: Distracted Scientist In reply to: ezzo who wrote msg# 58705 Date:4/7/2007 11:04:08 PM Post #of 58914
The answers to your post are available if you are simply willing to conduct a little DD, as I am sure you know (you had to have come across the answers to your questions while digging them up). In the future, do so for the convenience of others, as it is presumptuous for you to present the facade of conspiracy and expect others to do your DD for you.
Paypro as we know it was first developed through a reverse merger with Ostrich Products of America, inc (OPA), which was incorporated in 1988 (Paypro never sold ostrich products). The company events surrounding this time, are as follows:
1. The OPA shell was acquired around June 2005 (reorganized with a 1-1000 reverse split).
2. Paypro acquired both MyBankCard and Chexcard for 100mm shares on June 26, 2005 (200mm A/S at the time).
3. And, the company completed a 50-1 forward split on July 16, 2005 (thus increasing the A/S to 10b).
Every since the inception of Paypro, Mike Terrell (MT) has adamantly assured that he will never conduct a reverse split.
Now, it must be noted that, prior to the formation of Paypro, MT ran MyBankCard and Jack Brown ran ChexCard. Both men decided to go into business together and wanted to go public via the aforementioned reverse merger. When Paypro acquired their respective companies, each man received 50mm shares of Paypro. And, subsequent to the forward split, each man owned 2.5b shares of Paypro.
For the subsequent months, the corporation continued to develop their business model, which has always included selling debit cards, phone cards, gift cards, etc. During this time, the company released limited PRs and the PPS of the company remained in the low $.000Xs. By April, Jack Brown decided that he wanted out. I do not recall if the exact reason has ever been publicly released, but I do recall that MT stated that they simply disagreed as to the direction that the company should be heading. Two reasons that appear obvious to me are that the share price remained in the low $.000Xs for almost a year and that MT was planning on expanding his business model into more of what we have with Panamersa, while Jack Brown wanted to stick with the debit card business model (as can be seen at www.chexcard.com ). Regardless of the reasons, Jack Brown and ChexCard (his former company) decided to part ways with Paypro on April 1, 2006, and Jack Brown agreed to give up 2b of his shares in Paypro as part of the agreement.
As the direction that Paypro was heading appears obvious in retrospect, MT must have been pursuing a greater expansion into Panama and Latin America. It is also apparent that Pedro Borges Fiol and his crew were loading up on shares from the float (I will get to why in a moment).
On October 9th, 2006, Paypro decided to further pursue the expansion in Latin America with the purchase of Ebiz Finance Savings & Loan. This purchase is very interesting for several reasons:
1. Ebiz was said to be the only Panamanian corporation that was allowed to do business online at the time.
2. Ebiz specializes in procuring microloans in a region where small loans can change people's lives (the reason why Muhammad Yunus received the Nobel Peace Prize last year for developing the whole concept, see: http://www.chicagotribune.com/news/nationworld/chi-0610140237oct14,1,3952805.sto ry or http://www.usatoday.com/money/world/2006-11-26-yunus-usat_x.htm ). ***Interestingly, the Nobel Peace Prize for developing the microloan concept was announced four days later on October 13, 2006. And, this is presently one of the bigger banking movements of the past few years because it helps the poor and promises larger returns, similar to sub-prime mortgages, but on a much smaller scale.
3. The concept goes hand in hand with Paypro's business model of issuing funds on debit cards, as they can integrate the two and issue the loan on a debit card.
4. And, the combined concept allows them to expand upon their corporate manifest of bringing banking to poor Pan Americans. With this concept in place, they have the business front and tools by which to issue debit cards that will hold money like a bank account and function like a debit/credit card to individuals who previous could not receive either a bank account or a credit card; and it allows them to issue loans to these same unfortunate people (although, unfortunate for them and fortunate for us, the interest rate on the loan is ~22%).
Ebiz had assets of ~$5mm, but was purchased for $1mm because it was not a profitable business venture at the time of purchase. When Paypro purchased the company, it had revenues of only ~$50k. Potential revenues and net income are major factors that are taken into strong consideration when calculating a purchase price (return on investment).
Interestingly, the direction that Paypro began taking at this point leaned strongly in the direction that Pedro Borges Fiol has publicly devoted his life to (promoting Pan Americanism and bettering the lives of the Pan American people). Additionally, within a few days Paypro appointed Hector Bolivar Aleman Estevez and Manuel A. Gonzalez–Puron to the BOD, two of the biggest businessmen in Latin America (look them up). Along with these guys came an increased business scope, as Estevez is in charge of the Panama Canal Expansion project and Gonzalez-Puron is a partner of the Trinitum group, which is involved with selling real estate, microforests, and insurance. Accordingly, Paypro is now coordinating the Panama Canal Expansion Project and sells microforests and insurance that is underwritten by one of the largest insurance brokers in the world, Willis Group Holdings NYSE:WSH (the connection was verified from Willis Group by members of this board). These developments lead us a great way towards the current business model of Panamersa and gave us a lot of the connections that we presently have.
Now, the reasons that I think that Pedro was accumulating shares between January-August 2006 are as follows (some speculation):
1. As per a recent email from Pedro, we know that the Foundation Panamersa, for which he is the protectorate and director, presently owns ~51.98% of Paypro. This equates to roughly 2.9b shares. As Pedro and his crew were sold 2b restricted shares of Paypro, that means that he purchased ~900mm shares on the open market.
2. Around March of 2006, the float of Paypro was ~2.3b, according to the former T/A. But, by the time the NOBO list was announced on October 12, 2006, the float was estimated by MT to be around 700mm. This means that a major chunk of the float had been accumulated and was held tightly enough that MT considered it to be eliminated from the float.
3. With 900mm shares, Pedro would have had a major say in the direction that the company was going at the time, which would explain how the company direction lined up perfectly with his interests and how the company became connected with some of the biggest businessmen of Latin America. This scenario would also explain why Paypro would know to consider such a large chunk of the float restricted (although large levels of accumulation could have been a dead giveaway).
4. It is apparent that the current setup of Panamersa has been in the works for a while, as the retiring of shares and the sell of 2b shares to Pedro lined up perfectly for the Foundation to own 52% of Panamersa and for Pedro take over the helm (including MT canceling 2b of his own shares and eliminating his majority ownership).
5. And, very shortly after purchasing the 2b shares, Pedro publicly took control of the corporation, as the majority owner both then and now.
In the process of "combating naked short selling" and altering the share structure to what it presently is, 2b shares were retired on October 16, 2006, and 2b shares were retired on January 5, 2007. This reduced the outstanding shares from 9.63b to 5.63b. And, as of the March 16, 2007 PR, the A/S were reduced from 10b to 6b. So this means that the present share structure includes 6b A/S and 5.63b O/S, which directly correlates with what has been said by our present T/A. The latter number has not been issued on a financial report yet, so it has not yet been updated on all of the stock quote sites, including Pinksheets.com.
As for the tax issue, that is definitely a good question. I believe that it is because the income was earned offshore and is held within the foundation.
The September 30, 2006 quarterly report was issued prior to founding the Fundacion Paypro/Panamersa "in accordance with Law 25 of the 25th June 1995 of the Republic of Panama" (lol... I just find it funny when they write that like it means anything to anyone). If they were to simply "donate" their income to the Fundacion Paypro/Panamersa, then they would pay zero taxes either when depositing or debiting their account. This idea is supported by the fact that they have said numerous times that the money that they have in the bank is deposited in the Foundation Panamersa (HSBC accounts). This is also the reason for all of the secrecy with the certification of the audited financials, as Panamanian "law 25 of the 25th June 1995" requires privacy. Regardless of the arguments against the company, they have over $100mm in the bank and that has been certified to be true by the Panamanian government (the documents are available on the Panamersa website). As far as I can tell, tax-free is a good thing for the benefactors of the Foundation Panamersa.
In fact, the tax-free situation applies to all of the benefactors of the foundation, and is one wonderful benefit to depositing your shares and trading on the PDR platform (although it is not my intention to suggest that you do so, as I would personally wait for more information). According to everything that I have read, by selling your shares through the foundation, you do not pay capital gains taxes and you do not have to report your income. Theoretically, you could "donate" your income to your HSBC account within the foundation and not pay income taxes in the US either (although I would definitely not take my word on this without proper DD and dotting all of your i's and crossing all of your t's... could be big trouble).
Pedro is now in control of Paypro/Panamersa, and he intends to integrate all of Latin America into the rest of the world. Presently, the company is still developing their revenue streams, but they have already grown by leaps and bounds. And, they have numerous projects in line that could bring in exorbitant revenues over the coming years. To demand that they complete the projects within a few months of them reaching agreements to even participate in an enormous project (e.g. the Panama Canal Expansion) is absolute ignorance. Give them time and your investment will grow with the company, which is presently very exponential.
Our present stock issues have been caused by the previous ***** pump and dump that destroyed the nice growth pattern that had developed, and the general distrust that people have in these stocks due to others, such as SLJB and CKYS. However, this company is different, they have major developments going on, and they have proven that they have more money in the bank than most OTCBBs and probably every other Pinksheet stock combined.
As their April 2, 2007 PR stated: PANAMERSA Corporation A whole new game
Believe it or not.
The previous statements are mostly facts, but are partly of my personal opinion. They are not intended to pump the stock in any way and are not a recommendation to purchase the stock. These statements have only been presented as clarifications for and answers to questions addressed in previous posts. However, my bias is obviously in favor of Panamersa.
Posted by rivrwrat on :
that was a post and a half i read that last night on the hub WOW some very great DD
Posted by netguy81 on :
wally ... thnx a lot for all the info ... this reassures my faith in PNMS, at least for some time !!
Posted by Firedog on :
Thanks alot Wally. DD like that takes a lot of time and I really apreachate you sharing it with us. FD
Posted by rivrwrat on :
With 100 million in assets why is this just still sitting *.001ish
Posted by cottonjim on :
in for 430K at .0017.
Posted by mathis on :
seems to be moving a bit today
Posted by Burn on :
PANAMERSA Corporation Shows First Quarter 2007 Earnings Above 2006 Yearly Earnings - Site is Being Remapped to Meet Growing Needs of Investors
DALLAS, TX and PANAMA CITY, PANAMA – April 11, 2007 — PANAMERSA Corporation’s first quarter 2007 earnings are expected to exceed total earnings of $27.7 million for 2006, announced PANAMERSA Corporation CEO Mike Terrell. This announcement mirrors PANAMERSA Corporation’s growing trend.
“Our growth pattern for 2007 is exceeding original estimates and we are positioned strong and prepared to make great strides for this year,” added Terrell.
This announcement follows the posting of certification documents on PANAMERSA Corporation’s official site (www.panamersa.com), which verifies balances as of Dec. 31, 2006 as true and correct. The PANAMERSA Corporation Web site is currently undergoing drastic changes over the next few months to provide investors with complete information regarding the company and financials. The site will be remapped and revamped to better suit the needs of those looking for information and performing research regarding PANAMERSA Corporation in general.
All questions sent to PANAMERSA Corporation via e-mail are being consolidated and answered, and are now being put into a Web friendly document. These items will be uploaded by the end of the month to inform our shareholders of all of the issues and happenings within PANAMERSA Corporation.
PANAMERSA Corporation (Pink Sheets: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.
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.
first quarter 2007 earnings are expected to exceed total earnings of $27.7 million for 2006,
Posted by Firedog on :
I can't believe that we are still down here Burn. I just don't get why we don't move with these profits. Posted by Firedog on :
Looks like a continued down turn. Posted by My Names Earl on :
Looking for a bounce into the .002s short term
Posted by stock-junky on :
I got in at.0030 do you think it well ever get there agen
Posted by Burn on :
YES
Posted by Firedog on :
Not been looking good. Hopefully we have found a bottom.
Posted by Firedog on :
Looks like .0011 is the bottom of the pit. Looks like I am talking to myself today. Posted by countryboy2u2 on :
I hope sooooo
Posted by Burn on :
buying me up some 12s
Posted by Burn on :
+25% today. those 12s looking real good.
Posted by Burn on :
might close at 16. 1 mm left at 15.
Posted by wallymac on :
PANAMERSA Corporation Brings on New Management Staff and Outside Firms to Help Strengthen Growth Trend and Communication with Investors
DALLAS, TX and PANAMA CITY, PANAMA – April 20, 2007 — PANAMERSA Corporation (Pink Sheets: PMNS) today announces the addition of two new senior management staff, along with an alliance with outside agencies to help boost Web site content and provide legal guidance for the company.
Lori-Lynn Baker and Brit Chambers, MJ, have joined PANAMERSA Corporation as national marketing director and director of public relations and communications, respectively. Baker holds a bachelor of science from Florida State University and has served in all aspects of marketing, public relations, sales, special events and product launch. She brings more than 25 years of management experience to PANAMERSA and will be responsible for all public relations, investor relations and marketing incentives involving PANAMERSA Corporation and their holding companies. Chambers holds both a bachelor of arts and a master of journalism degree from the University of North Texas, where she is also a member of the adjunct faculty. Chambers will be responsible for the creation, editing and distribution of all public relations materials and will play a role in the announced Web site remap, providing content and copy for the site.
“This is an exciting appointment for me,” said Baker. “This position gives me the opportunity to be involved in the advancement of Pan America and the development of a company that is growing, changing and surprising us daily.”
In addition to the two new management staff appointments, PANAMERSA Corporation has also solidified an alliance with Ideawire, an award-winning, full-service creative firm based in San Antonio, and Friedman and Feiger, a high-profile, 21-attorney, national law firm based in Dallas.
“Ideawire is excited to help create a robust, remapped site for PANAMERSA Corporation, which will provide investors and the public with the information they are seeking regarding PANAMERSA and the company’s holdings,” said Mark Harlien, president/CEO of Ideawire, Inc.
Friedman and Feiger’s specialties in commercial litigation, banking, bank and lending transactions, business transactions, real estate and securities made them a perfect fit for PANAMERSA Corporation.
“We are pleased to have the opportunity to represent such a growing and dynamic company such as PANAMERSA Corporation,” said Lawrence J. Friedman of Friedman and Feiger Attorneys at Law. “We are excited to be a part of the growth and development of Pan America as a whole.”
Added PANAMERSA Corporation CEO Mike Terrell, “I feel these additions will bring strength to PANAMERSA Corporation and also allow us to better communicate our passion and mission with the outside world and our valued investors. PANAMERSA is a company built on the strengths of our employees and I know all of the announcements today will only further fortify our brand and image throughout the world.”
PRESS RELEASE Lift Up America Brings Food, Improved Sight, Hearing and ... PRESS RELEASE Lift Up America Brings Food, Improved Sight, Hearing and Hope to Our Nation's Less ... 1150 Email Contact Brit Chambers, MJ 972.991.5852 ...www.marketwire.com/mw/release_html_b1?release_id=160910 - 20k - Cached - More from this site Lift Up America Brings Food, Improved Sight, Hearing and Hope to Our ... NEW YORK, NY--(MARKET WIRE)--Sep 7, 2006 -- WHAT: ... 5852 214.789.1150 Email Contact Brit Chambers, MJ 972.991.5852 469.964.7055 Email Contact ...biz.yahoo.com/iw/060907/0160910.html - 19k - Cached - More from this site Market Wire News Lift Up America partners companies including Tyson Foods, Give the Gift of Sight ... This media alert is not to serve as a PSA for food give-away or ...marketwire.com/mw/release_printer_friendly?release_id=160910&category= - 10k - Cached - More from this site
(Main Office) Friedman & Feiger, LLP practices in the following areas of law: Civil Trial Practice in State and Federal Courts. Banking, Bank and Lending Transactions, Business Transactions, Civil Litigation, Commercial Litigation, Commercial Loans, Construction Law, Corporate Law, Family Law, Health Care Law, Intellectual Property, Labor and Employment Law, Medical Malpractice, Personal Injury, Products Liability, Real Estate, Securities, Tax-Business Entities, Tax-Mergers and Acquisitions, Tax-Partnerships, Transportation Law, Trusts and Estate Planning.
Year Established: 1982 Firm Profile: Friedman & Feiger, LLP is devoted to providing high quality legal work and the best in personal service to its clients. The firm currently consists of 20 attorneys, 9 paralegals and an administrative support staff of 21. The firm represents a diverse clientele, ranging from individuals and entrepreneurs to corporations. Services are provided to clients who may be local, national or international in the scope of their business. Firm Size: 20 Office Hours: Monday: 08:30 AM - 05:30 PM Tuesday: 08:30 AM - 05:30 PM Wednesday: 08:30 AM - 05:30 PM Thursday: 08:30 AM - 05:30 PM Friday: 08:30 AM - 05:30 PM
Rate Information: Fixed Hourly Rates Fixed Fees Available Free Initial Consultation Accepts Major Credit Cards Visa MasterCard American Express
Margaret Horton Apgar (Associate) born Worcester, Massachusetts, October 2, 1976; admitted to bar, 2002, Texas; U.S. District Court, Northern District of Texas. Education: College of the Holy Cross (B.A., cum laude, 1998); University of Texas at Austin (J.D., 2002). Member: Dallas Bar Association; State Bar of Texas. Practice Areas: Civil Litigation; Business Litigation. Email: Margaret Horton Apgar
W. Carter Boisvert (Associate) born Dallas, Texas, June 15, 1973; admitted to bar, 2004, Texas. Education: Pepperdine University (B.A., 1995); Southern Methodist University (J.D., cum laude, 2004). Phi Delta Phi. Associate Managing Editor, Southern Methodist University Law Review Association. Member: State Bar of Texas. Email: W. Carter Boisvert
Gary E. Day (Partner) born Great Lakes, Illinois, January 28, 1952; admitted to bar, 1979, Texas; 1992, Hawaii. Education: American University (B.S.B.A., 1975); St. Mary's University (J.D., 1979). Member: State Bar of Texas; Hawaii State Bar Association. Email: Gary E. Day
LeAnn W. Diamond (Partner) born Grand Prairie, Texas, February 19, 1960; admitted to bar, 1990, Texas; U.S. District Court, Northern, Southern, Eastern and Western Districts of Texas; U.S. Court of Appeals, Fifth Circuit. Education: Texas Woman's University (B.S., summa cum laude, 1987); Baylor University (J.D., 1990). Member, Texas Pest Control Association. Member: Dallas Bar Association; State Bar of Texas; College of the State Bar of Texas; Texas Association of Defense Counsel; National Association of Railroad Trial Counsel. (Board Certified, Civil Trial Law, Texas Board of Legal Specialization). Practice Areas: Personal Injury; Commercial Litigation; Family Law. Email: LeAnn W. Diamond
Michael D. Donohue (Partner) born Victorville, California, September 10, 1956; admitted to bar, 1987, Texas; U.S. District Court, Northern District of Texas. Education: University of Texas at Austin (B.B.A., 1979); Texas Tech University (J.D., 1987). Delta Theta Phi. Member: Dallas Bar Association; State Bar of Texas; Dallas Association of Young Lawyers. Email: Michael D. Donohue
S. Wallace Dunwoody, IV (Associate) born Tyler, Texas, June 13, 1979; admitted to bar, 2003, Texas. Education: Texas Tech University (B.B.A., Finance, cum laude, 2000; B.B.A., Economics, cum laude, 2000); Dedman School of Law, Southern Methodist University (J.D., 2003). Recipient, Cleo S. Thompson Dean's Merit Scholarship. Member, Southern Methodist University International Law Review, 2001-2003. Articles Editor, The International Lawyer, 2002-2003. Member: Dallas Bar Association; State Bar of Texas; Dallas Association of Young Lawyers; Texas Young Lawyers Association. Email: S. Wallace Dunwoody, IV
Robert E. Feiger (Partner) born New York, N.Y., March 12, 1949; admitted to bar, 1975, Texas. Education: Washington University, St. Louis (B.S.B.A., final honors, 1971); Southern Methodist University (J.D., 1971; LL.M., in Taxation, 1995). Beta Gamma Sigma; Omicron Delta Kappa. Staff Member, Southwestern Law Journal, 1973-1974. Author: Note, "Resurrecting the Spirit of the Securities Act of 1933," 27 S.W.L.J. 554, 1973. Staff Attorney, U.S. Securities and Exchange Commission, Division of Enforcement, Washington, D.C., 1974-1977. Member: Dallas Bar Association; State Bar of Texas. Email: Robert E. Feiger
Lawrence J. Friedman (Managing Partner) born New York, N.Y., June 1, 1951; admitted to bar, 1977, Minnesota and Florida; 1978, U.S. Court of Appeals, Eighth and Fifth Circuits; 1979, Texas and U.S. District Court, Northern District of Texas; 1981, U.S. Court of Appeals, Eleventh Circuit and U.S. Supreme Court; 1982, U.S. District Court, Southern District of Texas; 1983, U.S. Court of Appeals, Tenth Circuit; 1985, U.S. Tax Court; 1986, U.S. District Court, Eastern and Western Districts of Texas. Education: Queens College of the City University of New York (B.A., cum laude, 1973); University of Minnesota (J.D., with honors, 1977). President, University of Minnesota Law School Council, 1977. Member: Dallas, Minnesota State and American Bar Associations; The Florida Bar; State Bar of Texas. Email: Lawrence J. Friedman
Michael L. Gaubert (Partner) born Dallas, Texas, July 29, 1966; admitted to bar, 1993, Texas; U.S. District Court, Northern District of Texas; U.S. Court of Appeals, Third Circuit. Education: Southern Methodist University (B.A., History, 1989); Georgetown University Law Center (J.D., 1992). Member: Dallas and American Bar Associations; State Bar of Texas; The Association of Trial Lawyers of America. Email: Michael L. Gaubert
Bart F. Higgins (Partner) born Worcester, Massachusetts, May 18, 1965; admitted to bar, 1990, Virginia (inactive); 1991, District of Columbia; 1997, Illinois; U.S. District Court, Eastern District of Virginia; 1992, U.S. District Court for the District of Columbia; U.S. District Court, Northern District of Illinois including Trial Bar. Education: University of Virginia (B.S., Economics, 1987); George Mason University (J.D., 1990). Member: Virginia State Bar; Illinois State Bar Association; The District of Columbia Bar; Trial Lawyers Association of Metropolitan Washington, D.C. Email: Bart F. Higgins
Melissa R. Kingston (Partner) born San Antonio, Texas, January 3, 1974; admitted to bar, 1999, Texas; 2001, U.S. District Court, Northern and Eastern Districts of Texas. Education: University of Texas at Arlington (B.A., History, magna cum laude, 1996); Baylor University School of Law (J.D., 1999). Member: Dallas Bar Association (Fellow); State Bar of Texas; Dallas Association of Young Lawyers. Email: Melissa R. Kingston
James Robert Krause (Partner) born Dallas, Texas, July 13, 1964; admitted to bar, 1991, Oklahoma; 1992, Texas and U.S. District Court, Northern and Eastern Districts of Texas; U.S. District Court, Eastern District of Oklahoma. Education: Southern Methodist University (B.A., English, cum laude, 1986; J.D., 1991). Phi Beta Kappa; Sigma Tau Delta. Member: Dallas, Oklahoma and American Bar Associations; State Bar of Texas. Email: James Robert Krause
Ernest W. Leonard (Partner) born Seattle, Washington, October 24, 1964; admitted to bar, 1989, Texas; U.S. Court of Appeals, Fifth and Ninth Circuits and U.S. District Court, Northern, Southern, Eastern and Western Districts of Texas. Education: University of Texas at Arlington (B.B.A., 1986); University of Texas (J.D., 1989). Law Clerk to the Hon. Robert C. McGuire, U.S. Bankruptcy Court, Northern District of Texas, 1990. Member: Dallas Bar Association; State Bar of Texas. Email: Ernest W. Leonard
Ryan K. Lurich (Partner) born Dallas, Texas, November 22, 1972; admitted to bar, 1999, Texas; U.S. Court of Appeals, Fifth Circuit and U.S. District Court, Northern, Southern and Western Districts of Texas. Education: Southwest Texas State University (B.A., 1995); Southern Methodist University School of Law (J.D., 1999). Member: Dallas and American Bar Associations; State Bar of Texas; Dallas Association of Young Lawyers; Association of Trial Lawyers of America. Email: Ryan K. Lurich
Joy H. Phillips (Partner) born New York, N.Y., January 16, 1959; admitted to bar, 1983, Texas and Florida; 1984, U.S. District Court, Northern District of Texas; 1985, U.S. Court of Appeals, Fifth Circuit. Education: Temple University (B.S., cum laude, 1979; J.D., 1982). Phi Alpha Delta. Certified Mediator, American Academy of Attorney-Mediators, Inc., 1996. Member: North Dallas, Dallas and American Bar Associations; State Bar of Texas; The Florida Bar; Texas Young Lawyers Association; Dallas Association of Young Lawyers; Dallas Association of Women Lawyers; The Association of Trial Lawyers of America; Law Alumni Association of Temple University. Email: Joy H. Phillips
Marla S. Pittman (Associate) born Sodus, New York, June 28, 1969; admitted to bar, 1999, Texas. Education: University of West Florida (B.A., 1995); Baylor University (J.D., 1998). Member: State Bar of Texas; Dallas and American Bar Associations; Association of Trial Lawyers of America. (Board Certified, Personal Injury Trial Law, Texas Board of Legal Specialization). Languages: Spanish. Email: Marla S. Pittman
Steven R. Shaver (Partner) born April 7, 1960; admitted to bar, 1986, Texas; U.S. District Court, Southern, Western, Northern and Eastern Districts of Texas; U.S. District Court, Northern, Eastern and Southern Districts of Oklahoma; U.S. District Court, Eastern District of Wisconsin; U.S. Court of Appeals, Fifth Circuit. Education: University of Oklahoma (B.B.A., 1982); Oklahoma City University (J.D., 1985). Private Pilot Certificate. Member: State Bar of Texas. Email: Steven R. Shaver
R. Brian Shields (Associate) born Dallas, Texas, August 16, 1980; admitted to bar, 2006, Texas. Education: University of Texas at Austin (B.A., Economics, 2003); South Texas College of Law (J.D., 2006). Email: R. Brian Shields
Posted by Burn on :
And this is a penny stock. GO FIGURE. bs
Posted by wallymac on :
quote:Originally posted by Burn: And this is a penny stock. GO FIGURE. bs
It may take a bit of time for people to catch on. I guess after the fiasco's of CSHD, SLJB and CKYS people just won't believe anything. Yet other stocks with no verifable business run wild.
Patience!
GLTA Wally
Posted by Burn on :
Monday should be interesting. I think we go UP.
Posted by Firedog on :
Well guys. I have accumulated a fairly large chunk of this thing for me. I will be glad when we get a run. Maybe when the next quarter financials are released. Posted by Burn on :
We are currently completing the PANAMERSA Corporation Web site remap and are seeing some exciting ideas and processes emerge. Once fully functional, the site will allow for amazing search capabilities, provide important information to shareholders in real time and direct to their inbox.
As you know, the PDR trading site is also being built. We are currently working under the announced time frame, however, you must understand that building a site as robust and technologically advanced as the PDR site, will inevitably present a few challenges. A site that will allow the capabilities to host aggressive, active trading in real time, with 24/7 access provides little room for bugs or detours. I am currently going through lists and seeking out additional qualified testers to complete the beta testing phase of the trading site, which should be accomplished shortly. We have a specific strategy and are focused on attaining that goal.
Think of our situation like a war room – as shareholders we all sit around a table and determine what the next move will be – move the troops here and it directly affects what is going on over there. These efforts are all interconnected and while delivery of the sites to you in a expedited manner is important, making them fully functional and operational is critical. We don’t want to overlook our strategy for speed.
In the next couple of weeks, I will be traveling to Spain to meet with brokers to promote the new PDR site with Euro investors. Our partner DESIMPLEX has aided us in making these introductions and will help facilitate. Due to their strong background in stocks, specifically in the European and Latin American markets, DESIMPLEX is a strong ally in our push onto a traded exchange. I’m excited about moving forward with this phase and know that it will only heighten PANAMERSA Corporation’s brand and visibility throughout the world.
While in Panama this week, I attended a boxing event that helped me to visualize PANAMERSA’s stance within the world playing field. I attended the fight with Pedro and Manuel; we networked with many of the elite within Panama’s banking and financial industries. During this 10-round title fight, the champion was getting trampled. He fought his way through the first nine rounds, barely making it into the 10th – but remember he is a champion, so as beaten and weak as he was he hung in there and took it all the way to the end of the fight. The spectators visibly doubted that the champion would make it through, but midway through the 10th round, he rose to the occasion and with one punch – the other fighter was knocked out completely for more than four minutes.
PANAMERSA will have our time – our knock-out punch, but as with the fight above, none of this comes from pure luck – it is a calculated strategy, our partnerships, and our commitment that will play out to bring all of our dreams to fruition. We are laying the infrastructure now to push PANAMERSA into the future, but we must all be patient as we lay the groundwork for the best that is yet to come.
Mike Terrell
CEO, PANAMERSA Corporation
Posted by Firedog on :
Not much volume today. Posted by Burn on :
quote:Originally posted by Firedog: Not much volume today.
UBSS holding it down
Posted by thefenway on :
cause its a tough fill...
Posted by thefenway on :
pr shortly
Posted by thefenway on :
getting volume
Posted by rivrwrat on :
BIG POS
Posted by Burn on :
quote:Originally posted by rivrwrat: BIG POS
dont be so hard on yourself
Posted by Burn on :
GREEN day. Financial tomorrow.
Posted by Burn on :
Posted by: causeimdaddydamnit In reply to: None Date:5/15/2007 8:14:47 PM Post #of 65103
FINANCIALS ARE UP! I just got this message from Lori-Lynn. She asked that I post this:
Due to the the late hour in which we received our financial data from our accountants, our site hosting company was unable to assist the upload. Therefore the financials have been posted in the **** section for now. They will be moved to their proper location tomorrow, but we wanted to make the numbers available to our shareholders as soon as we had them in-hand. Personally today I had several conversations with our accountant and was in constant communication with our board. Respectfully, I can state that all is in order.
We will also be releasing more information about PANAMERSA Corporation's forward trend on Monday. Mike Terrell is in Costa Rica and will return late Thursday with outlines for our corporation moving forward. We are preparing a press release announcing the financials as well as other exciting and significant developments in the company. You can expect to see this release on the wire service on Monday, Monday, May 21st, as we feel it important to time this release for maximum press benefit.
Thank you again for your dedication and support of PANAMERSA Corporation. We remain continually confident with the direction in which we are headed and excited that our loyal shareholders are along for the ride.
Regards,
Lori-Lynn Baker l2baker*panamersa.com
Posted by Firedog on :
Looks like it may be our turn. Posted by Burn on :
almost 37 million for one quarter. HOLY $H!T
Posted by wallymac on :
PANAMERSA CORPORATION (PNMS)
FINANCIAL STATEMENTS
March 31, 2007 and December 31, 2006
PANAMERSA CORPORATION (PNMS)
Balance Sheets (Unaudited)
December 31, March 31, 2006 2007
ASSETS
CURRENT ASSETS
Cash on hand $19,888,475 $ 19,668,591 Prepaid expenses 5,600 5,600 Accounts receivable 179,600 2,104,662
Total Current Assets 20,073,675 21,778,853
FIXED ASSETS, net - 0
OTHER ASSETS Investment – Corobici Wildlife 1,437,000 1,437,000 Investment – Corporacion Financiera Ebiz 1,000,000 1,000,000 Investment – Panamersa Latin America, SA 5,416,667 5,416,667 Investment – Pan America Sociedad 50,000,000 50,000,000 Investment – Desimplex 0 5,400,000 Investment – Petrobonds Venezuela 29,400,000 29,400,000 Deposit in Escrow for Future Acquisitions 0 35,000,000 Intangible assets, net 0 0
Total Other Assets 87,253,667 92,653,667
TOTAL ASSETS $107,327,342 $149,432,520
PANAMERSA CORPORATION (PNMS)
Balance Sheets (Unaudited)
December 31, March 31, 2006 2007
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
CURRENT LIABILITIES Accounts payable and accrued expenses $ 8,375 $ 8,375 Notes Payable 0 Other Payables 0 0
Total Current Liabilities 8,375 8,375
LONG-TERM DEBT Due to Desimplex 0 5,390,000
Total Long-term Debt 0 5,390,000
TOTAL LIABILITIES 8,375 5,398,375
STOCKHOLDERS’ EQUITY (DEFICIT)
Common stock: $0.001 par value, 10,000,000,000 shares authorized; 7,629,010,600 and 5,629,010,600 shares issued and outstanding 80,341,950 80,341,950 Retained Earnings / (Deficit) (420,389) 26,977,017 Current Income / (Deficit) 27,397,406 36,715,178
Total Stockholders’ Equity (Deficit) 107,318,967 144,034,145
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $107,327,342 $149,432,520
PANAMERSA CORPORATION (PNMS)
Statements of Operations (Unaudited)
For the Year For the Period ended ended December 31, March 31, 2006 2007
REVENUES
Sales $19,330,693 $ 525,500 Income from Subsidiaries Corporation Financiera Ebiz 53,500 104,662 Pan America Sociedad 0 20,540,200 Panamersa Latin America, SA 27,083,334 16,250,001
Total Revenue $46,467,527 $ 37,420,363
Cost of sales 18,717,430 509,735
Gross Margin 27,750,097 36,910,628
EXPENSES
General & Administrative 352,691 195,450
Total Expenses 352,691 195,450
Operating Income 27,397,406 36,715,178
Income taxes 0 0
NET INCOME (LOSS) $ 27,397,406 $ 36,715,178
NET INCOME (LOSS) PER SHARE (for 12 months and 3 months) $ 0.0036 $ 0.0065
WEIGHTED AVERAGE SHARES OUTSTANDING 7,629,010,600 5,629,010,600
PANAMERSA CORPORATION (PNMS)
Statements of Stockholders’ Equity (Unaudited)
Common Stock Common Stock Retained Earnings Shares Amount (Deficit) Balance at December 31, 2002 9,900,390 $ 0 $ (337,500)
Net loss from operations December 31, 2003 - (50,000)
Balance at December 31, 2003 9,900,390 $ 0 (387,500)
Net loss from operations December 31, 2004 - - (50,000)
Balance at December 31, 2004 9,900,390 $ 0 (437,500)
Common stock issued for debt 10,000,000 10,000 -
1000 to 1 reverse split (19,880,490) -
Common stock issued for debt 27,000,000 135,000 -
Common stock issued for subsidiaries 100,000,000 47,690 -
50 to 1 forward split 6,223,990,700 - -
Common stock issued for debt 1,278,000,000 230,000 -
Net income from operations December 31, 2005 - - 17,111
Balance, at December 31, 2005 7,629,010,600 $ 422,690 $ (420,389)
PANAMERSA CORPORATION (PNMS)
Statements of Stockholders’ Equity (Continued) (Unaudited)
Common Stock Common Stock Retained Earnings Shares Amount (Deficit)
Balance at December 31, 2005 7,629,010,600 $ 422,690 $ (420,389) Net income from operations March 31, 2006 179,355
Sale of Subsidiary (2,000,000,000) (2,080,740)
Net income from operations June 30, 2006 141,064
Issued to Fundacion Paypro 2,000,000,000 2,000,000
Net income from operations September 30, 2006 - - 3,642,556
Sale of Stock through Fundacion Paypro 80,000,000
Net income from operations December 31, 2006 - __ - 23,434,431
Balance, at December 31, 2006 7,629,010,600 $ 80,341,950 $ 26,977,017
Shares turned into Company as treasury shares by CEO (2,000,000,000)
Net income from operations March 31, 2007 - __ - 36,715,178
Balance, at March 31, 2007 5,629,010,600 $ 80,341,950 $ 63,692,195
PANAMERSA CORPORATION (PNMS)
Statements of Cash Flows (Unaudited)
For the Year ended For the Year ended December 31, March 31, 2006 2007
OPERATING ACTIVITIES Net Income / (Loss) $ 27,397,406 $ 36,715,178 Adjustments to reconcile net loss to net cash used by operating activities: Changes in operating assets and liabilities: (Increase) in accounts receivable 137,490 (1,925,062) Increase in accounts payable and accrued expenses (133,096) 0
Net Cash from Operating Activities 27,401,800 34,790,116
INVESTING ACTIVITIES Investment – Corobici Wildlife ( 1,437,000) 0 Investment – Ebiz ( 1,000,000) 0 Investment – Panamersa LatAm ( 5,416,667) 0 Investment – Pan America Sociedad (50,000,000) 0 Investment – Desimplex 0 ( 5,400,000) Investment – Petrobonds (29,400,000) 0 Deposit in Escrow for Future Acquisitions 0 (35,000,000) Net Cash Used in Investing Activities (87,078,217) (40,400,000)
FINANCING ACTIVITIES Receipt of Stock from sale of Subsidiary ( 2,080,740) 0 Note payable – purchase of Desimplex 0 5,400,000 Payments on Note payable 0 ( 10,000) Issue shares to Fundacion 2,000,000 0 Share of sale of stock through Fundacion 80,000,000 0 Proceeds from notes payable (519,264) 0
Net Cash from Financing Activities 79,399,996 5,390,000
Increase in Cash 19,723,579 ( 219,884) Cash at Beginning of Year 164,896 19,888,475
Cash at End of Year $19,888,475 $19,668,591
PANAMERSA CORPORATION (PNMS)
Statements of Cash Flows (Unaudited)
SUPPLEMENTAL CASH FLOW INFORMATION
Cash Paid For:
Interest $ - $ - Income taxes - -
PANAMERSA CORPORATION (PNMS)
Notes to the Financial Statements
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
a. Organization
PANAMERSA CORPORATION, (formerly known as Pay Pro, Inc.) (the Company) was incorporated under the laws of the State of Nevada on October 16, 1988.
PANAMERSA Corporation (Pink Sheets: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. The Company 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.
b. Accounting Method
The Company’s financial statements are prepared using the accrual basis of accounting.
c. Income Taxes
The Company has accumulated net operating loss carryovers of approximately $420,389. The estimated tax benefit of the net operating loss carryovers of $147,000 has been offset by a valuation allowance in full.
d. Unaudited Financial Statements
The accompanying financial statements are prepared without audit. They include all of the adjustments which in the opinion of management are necessary for a fair presentation in accordance with Generally Accepted Accounting Principles in the United States of America.
e. Use of Estimates
The preparation financial statements in accordance with generally accepted accounting principles requires the use of estimates. Actual results may vary from those estimates.
Notes to the Financial Statements (Continued)
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Cash and Cash Equivalents
For purposes of financial statement presentation, the Company considers all highly liquid investments with a maturity of three months or less, from the date of purchase, to be cash equivalents.
Accounts Receivable
The Company’s accounts receivable are net of the allowance for doubtful accounts.
Fixed Assets
The Company is depreciating its office equipment over the estimated useful life of 5 years.
Intangible Assets
The Company’s intangible assets are amortized over the estimated useful lives of 5 to 10 years. The intangible assets are made up of the cost of licenses and websites purchased by the Company.
NOTE 2- RELATED PARTY TRANSACTIONS-NOTES PAYABLE
The Company has received short term loans of operating funds. The notes are unsecured, non-interest bearing and due upon demand.
NOTE 3 – SIGNIFICANT TRANSACTIONS
The majority shareholders of the Company’s common stock approved a reverse split of its common stock on a 1,000 shares for 1 share basis, effective June 1, 2005. The financial statements do reflect the reverse stock split.
On June 26, 2005 the Company acquired ChexCard Corporation and PayPro Card Corporation, two providers of debit banking cards. The companies were acquired for 100,000,000 shares of the Company’s previously authorized but unissued common stock.
Notes to the Financial Statements (Continued)
The majority shareholders of the Company’s common stock approved a forward split of its common stock on a 50 shares for 1 share basis, effective July 15, 2005. The financial statements do reflect the forward stock split.
On April 1, 2006, the Company sold ChexCard Corporation, a provider of debit banking cards. As part of the transaction, certain notes payable and other assets were also retired. As compensation, the Company received 2,000,000,000 shares of the Company’s previously issued stock, and the stock is being held by the Company.
On September 10, 2006, PayPro Latin America, S.A., a partially owned subsidiary of the Company, entered into a transaction marketing micro forests. As the micro forests are sold, PayPro Latin America will earn Commission Income, part of which will be allocated to Panamersa Corporation and identified as Income from Subsidiaries on the Statement of Operations. The amount earned and recognized in the current year is $ 27,083,334.
On September 30, 2006, the Company issued 2,000,000,000 shares of restricted stock to Fundacion PayPro.
On November 6, 2006, Fundacion Panamersa announced the sale of 2 billion restricted shares of Panamersa Corporation in PDRs at $0.04. Panamersa Latin America, S.A. became the beneficiary of the Fundacion Panamersa Panama by receiving $80,000,000 from the sale of those PDR’s. Of these funds, $50,000,000 were placed as a deposit for the proposed purchase of a new company which was announced in January 2007 (see Note 4). The remainder of the funds were retained in the Company for working capital.
On January 5, 2007, the CEO of the Company returned 2 billion shares of common stock to the Company’s treasury. This is shown on the financial statements as a reduction of shares issued and outstanding.
On March 16, 2007, the Board of Directors announced that the total authorized shares of the Company would be reduced by 4 billion shares, from 10 billion shares to 6 billion shares. As of the date of these financial statements, the Company is in the process of completing this reduction.
Notes to the Financial Statements (Continued)
NOTE 4 – NEW INVESTMENTS
On October 6, 2006, the Company purchased 100% of the stock of Corporacion Financiera Ebiz (Panama), a financial institution with assets of more than $5 million USD. The purchase price was $1,000,000.
On November 30, 2006, the Company announced the acquisition of the Corbici Wildlife Refuge in Costa Rica. The purchase was made as part of the Panamersa MicroForest program. The purchase price was $1,437,000.
Effective January 17, 2007, Pan America Sociedad Anonima (MMVII) PANAMERSA, a Panamanian Corporation, became the operating unit for all PANAMERSA legal entities, united in the common goal of promoting for profit the commercial integration of Latin America into the economic development of Pan America (the Western Hemisphere) and the rest of the world, while protecting our Forests, Flora, Fauna & Water resources. As part of this reorganization, the Company acquired 30% of Pan America Sociedad Anonima (MMVII) PANAMERSA for $50,000,000, which amount had previously been held in escrow for this reorganization.
In January 2007, The Company purchased a series of Petrobonds Venezuela through the Fundacion Panamersa Panama at preferred discount rates. These bonds mature at various dates beginning in 2009. The purchase price was $29,400,000, which had been held in escrow in the Fundacion for this transaction.
On February 12, 2007, the Company announced the formation of a joint venture with Desimplex, a corporation with headquarters in Panama. Desimplex products are based on high-quality technology, customization of processes for the client, and the best practices for solutions in software engineering. Growth is anticipated to move into five continents with two released product versions per year and a new product line every year for the first five years of growth. As part of the joint venture, the Company has purchased 20% of the common stock of Desimplex, payable over three years. The Company also has an option to purchase an additional 29% at a price to be determined later.
Notes to the Financial Statements (Continued)
NOTE 5 – CERTIFICATION
I, Mike Terrell, President of Panamersa Corporation, hereby certifies that the unaudited consolidated financial statements herewith, fairly present, in all material respects the financial position, results of operations and cash flow as at and for the quarter ended March 31, 2007, in conformity with accounting principles generally accepted in the United States, consistently applied.
Dated May 15, 2007 Panamersa Corporation
___________________________ Mike Terrell, President
Posted by Burn on :
GREEN close.
Posted by Burn on :
Monday should be a very good day.
We are preparing a press release announcing the financials as well as other exciting and significant developments in the company. You can expect to see this release on the wire service on Monday, Monday, May 21st, as we feel it important to time this release for maximum press benefit.
Posted by bigsmack on :
PANAMERSA Corporation Posts First Quarter Net Earnings per Share of $.0065 up 180 Percent Over 2006 5 minutes ago - Market Wire 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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