quote:

---

Originally posted by thefenway:
why didnt this news help this stock?

---

quote:

---

Originally posted by madmoney:

quote:

---

Originally posted by thefenway:
why didnt this news help this stock?

---

why should it??? 10 bucks a trade, 100 to 300 to start, 1000 cash balance for non-share holders so they can trade what?? PDR`s?? on a private exchange?? made up of a couple hundred shares holders?? (best case). is this even leagle in the U.S. ??, talk to a GOOD CPA before getting into this. and maybe a tax or buisness attorney. JMO!!!

---

we shall soon see.
 

---

Posted by Burn on :
 
EOD RUN UPTICKING
 

---

Posted by madmoney on :
 

 

---

Posted by thefenway on :
 
i am out a little profit is better then no profit 100 bucks will pay a decent night at the nudey bar..
 

---

Posted by thesource on :
 
Oh my God we are all going to be filthy rich !!!
 

---

Posted by thefenway on :
 
Since i watched this Its been going up and down between .0011 to .0017 for the past 3 weeks. good flipper imo
 

---

Posted by thefenway on :
 
What happen to being all in the AM? that pick of the year post was the biggest joke ever on these boards.
 

---

Posted by Swingtrader7 on :
 
WORTH WAY OVER $100 MILLION
Do your own DD - You will see

1st Quarter Financials:
http://panamersa.com/documents/3-07_12-06_paypro_fr.pdf

InvestorsHub Board:
http://www.investorshub.com/boards/board.asp?board_id=4167



 

---

Posted by thefenway on :
 
You have 13 post total all about PNMS so is your name Mike terrell? If so id go on a diet...
 

---

Posted by Burn on :
 
another green day. 3 in a row
 

---

Posted by thefenway on :
 
it wont go higher then .0017
 

---

Posted by Burn on :
 
Not today. the market is closed
 

---

Posted by thefenway on :
 
or tommorrow
 

---

Posted by Burn on :
 

quote:

---

Originally posted by thefenway:
or tommorrow

---

quote:

---

Originally posted by thefenway:
You have 13 post total all about PNMS so is your name Mike terrell? If so id go on a diet...

---

LMAO !!! Good one ..........
 

---

Posted by wallymac on :
 
SwingTrader7: I happen to own some shares here and I for one would like you to cease spamming the boards with this.

You maybe new but I doubt it because of your screen name. Spamming a pick on many different boards only creates doubt in potential investors minds. I know when I see it I stay as far away as possible.

IMO, you have violated the rules of this forum and done a disservice to this stock. I mean even the SEC is cracking down on spam emails from companies.

If you are truly attempting to bring the stock to potential share holders the best way to do it is to utilize the thread that was already created for it and post information (DD) that will draw people to do additional DD and feel comfortable in taking a position.

If you are the Green Baron. We don't need you. We already saw what a Ledbed P&D did to this stock. It still hasn't recovered.

I hope that the Mods delete to new threads that you have started.

GLTA
Wally
 

---

Posted by T e x on :
 
*bump*
 

---

Posted by dollar13 on :
 
0.0018


WOW
 

---

Posted by thefenway on :
 
I wouldnt of dumped this stock if swinger wasnt such a dick..
 

---

Posted by dollar13 on :
 
HIS CAMPING SEEMS TO BE WORKING SO FAR


LMAO
 

---

Posted by thefenway on :
 
that post on "PiCk Of ThE yEaR 2007" Turn this thing into the shadiest pick of the year.

It will go down...
 

---

Posted by dollar13 on :
 
PERSONALLY I AM WAITING FOR THE GOOD GUYS TO SINK THIS BOAT.
 

---

Posted by dollar13 on :
 
GOOD GUYS ARE YOU LISTEN TO ME!!!
 

---

Posted by Burn on :
 
.0018 sure looks nice
 

---

Posted by Burn on :
 
.0018 close. very nice
 

---

Posted by Jo4321 on :
 
One of only two green stocks for me today.
 

---

Posted by thefenway on :
 
It wont go below .0011, not a good day
 

---

Posted by Burn on :
 
PANAMERSA Corporation Reports Large Portion of Dividends Issued
Friday June 8, 11:52 am ET


DALLAS, TX and PANAMA CITY, PANAMA--(MARKET WIRE)--Jun 8, 2007 -- PANAMERSA Corporation (Other OTC:PNMS.PK - News) is reporting that all shareholders who had certificates as of December 20, 2006, and have requested to be a part of the foundation, have been issued their land dividends via Fundacion Pan America. This accounts for 64 percent of the total land dividends or 490,000 square meters.
To date, PANAMERSA Corporation has had trouble gaining full cooperation from brokerage firms, therefore the company is asking each shareholder who held PNMS (formerly PYPR) stock as of December 20, 2006 to download the broker certification form to have their broker certify the number of shares held. This will enable the company to verify the number of shares held and issue the proper land dividend within the foundation. To assist in this matter, PANAMERSA Corporation has set up an e-mail address for instructions at dividend*panamersa.com.

ADVERTISEMENT


"Many of you applied to be a part of the foundation at the beginning of the year, however, many submitted incomplete information or misinformation on the application," said Terrell. "We are asking that you re-apply with a new application to be sent in with your certification forms so representatives can make any corrections necessary to bring the account up to date and issue the corresponding number of square meters to your account in the form of PDRs."

Corobici Wildlife land dividends will be restricted from PDR Exchange trading until July 15, 2007. This will allow all shareholders an equal opportunity to receive their dividends.

"We want everyone to have a level playing field for trading," said Terrell. "Restricting trading on the dividend specifically will give all shareholders ample time to receive broker certification."

PANAMERSA Corporation (Other OTC:PNMS.PK - News) 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.


Contact:
Market News First
Angela Junell
214-461-3411
ajunell****.com



--------------------------------------------------------------------------------
Source: PANAMERSA Corporation
 

---

Posted by Firedog on :
 
Still here burn. Have you pulled your certs?
 

---

Posted by madmoney on :
 
they want to sucker everyone into converting shares to PDR`s so they can reduce the tradable float to bring the share price up. PDR`s will only be tradable on THIER exchange and only between PDR holders. looks like the wild life refuge is only about 150 acres and mutch of it is not forrested FWIW. the divy has no value except as a nice wall hanging. (certificate) LOL!! smells fishy more and more!! JMO!!!
 

---

Posted by Burn on :
 

quote:

---

Originally posted by Firedog:
Still here burn. Have you pulled your certs?

---

quote:

---

Originally posted by madmoney:
other PNMS thread has been deleted????

---

quote:

---

Originally posted by Firedog:
Burn do you have your shares in the PDR yet? Just courious what you think of it. We have been waiting a long time.

---

quote:

---

Originally posted by wallymac:
Posted by: Distracted Scientist
In reply to: fenian who wrote msg# 72504 Date:6/21/2007 8:31:28 PM
Post #of 72510

$115/$135 : PNMS 1 year/2 year

$10 : Corobici Dividend

---

quote:

---

Originally posted by Yankee:
Hey Burn I think this company has the greatest enviromental concerns in mind and some good ideas. Someone is living large at you'alls expense. I would love to buy back in but untill they quit playing- I'll guess I'll wait and see.

---

quote:

---

Originally posted by bilgert:
SOOOOOO SWEEEEEEEEEEEET!

---

quote:

---

Originally posted by madmoney:
they want to sucker everyone into converting shares to PDR`s so they can reduce the tradable float to bring the share price up. PDR`s will only be tradable on THIER exchange and only between PDR holders. looks like the wild life refuge is only about 150 acres and mutch of it is not forrested FWIW. the divy has no value except as a nice wall hanging. (certificate) LOL!! smells fishy more and more!! JMO!!!

---

WHAT SAY U NOW????
 

---

Posted by a surfer on :
 
Kinda funny watching people bash their way right out of dodge...

don't know exactly how many shares my dad has but its somewhere between 4-5 million and most of those are freebies.

Maybe he can make back some of that CSHD money I lost him.....LOL

Congrats all!!!!!
 

---

Posted by Burn on :
 
MMs going to have trouble holding this down very soon.
 

---

Posted by wallymac on :
 
Posted by: wallymac
In reply to: None Date:6/23/2007 11:02:03 PM
Post #of 73717

Panama's New Prosperity

Date: 2007-06-14
Bookmark:


By GUILLERMO I. MARTINEZ SPECIAL CORRESPONDENT
My passport says I'm writing this column from Panama, the country, not the city in the Florida panhandle. A quick auto trip to the old Panama Canal Zone to see the boats crossing the isthmus confirms I'm in the right country.

Yet, I get confused when I look all across the city. The skyline is much like that of Miami between the Rickenbacker Causeway and the MacArthur Causeway, where dozens of cranes signal upward growing skyscrapers. If Miami's real estate boom still shows growth in buildings to house offices and homes for new urbanites, despite a recession in the overall market, Panama is heading only in one direction. Upward! Forever upward! The sky is the limit!

All this in a city of little over a million people; one in three Panamanians live in the capital or its nearby suburbs.

The signs of the building booms are everywhere.

Building cranes crowd the horizon as one looks across the bay that gives access to the Canal from the Pacific Ocean. Ask people for the reasons for the boom and most give two answers: an enormous inflow of foreign capital, and little crime.

"Panama is only second to Canada in the lowest number of crimes per capita in the hemisphere," said a newspaper editor. You can sense that on the street. Walking to a drug store open 24 hours a day a few blocks from the hotel at midnight brings no warning from hotel employees.

As in South Florida days of a booming real estate market, "everybody" one asks is either in real estate or getting into the business. Money is flowing from a plan to double the capacity of the Canal by the year 2014, a $5.2 billion dollar investment. Triple that amount with three new oil refineries being built in the next four or five years.

Add to that a still undetermined amount of money from retiring Americans who are moving here, where many people still speak English, and where the cost of living is much cheaper than in the United States. One remembers Florida of another era, of decades, long ago.

When Panamanians brag about their booming real estate market they are only stating the obvious. As many as 100 new buildings are just opening, under construction, or in the permit state. Personally, I counted over 30 cranes hovering over new skyscrapers. One of the new buildings will have 104 stories, making it the highest in the western hemisphere, south of Chicago.

Over the weekend, one talked about new hotels joining the construction boom. It said in the next three years they planned on building 9,000 new hotel rooms. Money for them comes from large European and American hoteliers, as well as other well-known investors such as Donald Trump, who will spend $220 million to build his new Trump Ocean Club with 312 rooms.

The hotel industry hopes to attract 1.7 million new tourists to the area by the end of the decade.

Other investors coming into the country to explore the possibilities include Mel Gibson, although some say he is just seeking a hideaway home in a new plush retreat away from the press photographers who hound him.

Truthfully, Panama looks and sounds like much of the countries that border the Caribbean. Its population is truly a rainbow of colors, ethnic origins, religious backgrounds, nationalities. The country is home to Jews, Hindus, blacks, from Caribbean nations, as well as to a growing number of Venezuelans and Colombians.

Nobody could have imagined this growth, prosperity or tranquility when President Jimmy Carter decided to turn over the Canal to Panama in 1980, or when in 1989 American soldiers deposed Gen. Manuel Noriega. Many silently thought that the Canal would not function as efficiently under Panamanian rule it went 100 percent into their command by the end of 1999.

They were wrong.

Traffic in the Panama Canal keeps growing yearly. Panamanians have approved doubling its capacity to permit passage of larger modern cargo vessels. Democracy flourishes amidst the economic bonanza. A city of knowledge for new entrepreneurs and scholars now resides in the same buildings that housed American servicemen for decades.

The economic leaders of the country know they face important infrastructure problems if unbridled growth continues. But for now they are confident in the future. Their record in recent years gives reason for optimism.

Guillermo I. Martínez is a journalist living in South Florida. He may be reached at guimar123**********

http://www.panamareals.com/news/category/news-by-region/region/panama/1150/panam as-new-prosperity.ht....
 

---

Posted by wallymac on :
 
Posted by: wallymac
In reply to: None Date:6/23/2007 11:07:16 PM
Post #of 73717

Retire in Panama Program

There is much to attract a retiree to Panama - this tiny Central American country offers safety, affordability and accessibility packed into a beautiful, tropical landscape, bounded by the bluest seas and thriving with natural wonders.

It's no wonder then, that so many North Americans are heading southward to spend their truly 'golden' years.

In fact, Panama has been ranked the number one retirement destination in the world for six consecutive years by International Living.

In looking at real estate prices, special benefits for retirees, cost of living, safety and stability, health care, climate, culture & entertainment, and infrastructure, this oversees living and retirement specialty publication has time and again named Panama the place to be.

"It is quite clear why this country is so appealing for North American retirees: Panama boasts the world's most generous program of special benefits for retirees, it offers easy access from the US, its cost of living is low, the landscapes and coastlines are beautiful, its population is friendly and warmly welcomes foreign residents and investors, and its capital, Panama City, is without peer in the region."

International Living, Sept. 2006

So how do you qualify to retire to Panama? There are two programs for retirees: the Pensionado Visa, and the Private Income Retiree Visa .

Both are considered non-immigrant status, which means you are granted indefinite residence in Panama but cannot apply for a Panamanian passport or naturalization. Contact us to find out which program best suits your particular retirement situation.

Both entitle you to generous discounts and benefits while living in Panama:

Entertainment and Transportation

• 50% off all entertainment, including movies, theatres, concerts, as well as recreation, cultural, sporting events, and more.
• 25% off restaurant prices
• 25% off airfare with private or public, national or foreign companies

Health and Professional Services

• 15% off hospital and private clinic services
• 20% off general and specialist medical consultations and surgeries
• 15% off dental and eye exams
• 20% discount for technical and professional services (lawyers, architects, nurses, physical therapists, etc.)
• 20% off the price of any prosthesis, device and assistance accessories

Taxes

• Total one-time tax exemption for the import of personal or household goods up to US $10,000
• Total tax exemption every two years for the import of a motor vehicle for personal or family use
• No income taxes on income earned outside Panama

Real Estate and Utilities

• Freezing of property tax on sole personal residence (application required)
• Exemption of appraisal fee for sole personal residence
• 25% off electricity bills up to 660KW
• 25% fixed phone charge for sole, residential telephone line
• 25% off water bills up to $30, for personal residence

Loans

• 50% off closing costs of personal and commercial loans
• 15% off maximum interest rate on personal and commercial loans
• 1% off interest rate for home loans on personal residence (age requirements drop 2 yrs for men / women; all pensioners & retirees qualify)

* As per Panama's Law Regulating the Benefits of Pensioners and Seniors, women over 57 years of age, men over 62, and all pensioners and retirees of any type qualify for the above discounts

http://www.panamareals.com/services/main/retire-in-panama/
 

---

Posted by T e x on :
 
well, you know my opinion of investing in this, but I must say, that article paints a pretty picture for moving & trading from there...they gotta have broadband, right?
 

---

Posted by wallymac on :
 
Well, yep but Just trying to pass on any info I come across in the course of ongoing DD. Some interesting stuff.

I think this has a good run in it and as far as investing, that is entirely up to the individual. the Investor vs Trader can only be decided upon after looking deep inside oneself and assessing the risk reward ratio.


Wally
 

---

Posted by T e x on :
 
agreed... well, not saying I agree it will have a run...as we know, anything can run; not addressing that...

but Panama got broadband, right?

for real, I could easily live in Oaxaca...but if that's true about Panama? sumpin' to consider...
 

---

Posted by wallymac on :
 
I'd have to go back through the DD I have done to find out for sure but I'm pretty sure they do have broadband.

For what I have been finding, I'll see you in Panama, Tex.

Oaxaca is beautiful too.

Here's a link to a little more info about Panama.

http://www.escapeartist.com/efam/62/Panama_Investment_Asset_Protection.html

Wally
 

---

Posted by T e x on :
 
escape artist? lol...

*like* the sound of that, but haven't checked it out, yet
 

---

Posted by MegaStocks on :
 
Exchange is Now UP !!!

THIS WEEK IS GOING TO BE HUGE !!!

*** PNMS.PK *** PANAMERSA CORPORATION
Current Price $0.0024. ---------- .1st Quarter EPS = $0.0065
 

---

Posted by Burn on :
 

quote:

---

Originally posted by MegaStocks:
Exchange is Now UP !!!

THIS WEEK IS GOING TO BE HUGE !!!

*** PNMS.PK *** PANAMERSA CORPORATION
Current Price $0.0024. ---------- .1st Quarter EPS = $0.0065

---

Are you related to swingtrader7. PUMP NOT NEEDED THIS WILL FLY
 

---

Posted by dollar13 on :
 
.003 HOD



 

---

Posted by bilgert on :
 
BIBBITY BIBBITY BOO YAH .0033!
 

---

Posted by dollar13 on :
 
0.0034 x 0.0035 1 x 1
 

---

Posted by quixotic on :
 
.0037 and away we go..
 

---

Posted by Burn on :
 
GREAT day up 33.33%
 

---

Posted by Yankee on :
 
well burn looks better!!!!!!!!!!
 

---

Posted by Burn on :
 
PANAMERSA Opens PDR Exchange, Beneficiaries Bring Huge Showing within the First Weekend
PDR Exchange (Panama), Inc. is now open to beneficiaries for trading, announced PANAMERSA Corporation (Pink Sheets: PNMS) CEO Mike Terrell. Trading opened at 5 p.m. CST, Friday with 5,731 PDRs traded throughout weekend at an average of $118.00 each, representing more than 57 million shares of PNMS stock at $0.018 per share. The Exchange is open 24/7.

”Today marks the beginning of a new level of trading and wealth management through the PDR Exchange (Panama), Inc. trading site,” added Terrell “Through the foundation, the exchange is able to provide a safe haven for investors, while allowing beneficiaries the ability to trade free of market manipulation.”

While American Depository Receipts (ADR) are commonplace and allow Americans to participate in offshore entities, Pan American Depository Receipts (PDR) provide opportunities for people unilaterally to participate in the growth and economic integration of Latin America into the western hemisphere and the world. Membership in Fundacion Pan America is required prior to participation; however, once an account is established through the Fundacion it can be used as an asset depository. As with any depository Fundacion, bank or IRA, a member will be issued a receipts (PDRs for assets held within Fundacion Pan America. Membership is for individuals, legal entities, or governments in good standing).

“This is the day we have been waiting for. The global investment community will now see the power of PDRs and the economic boom of Latin America,” said Fundacion Pan America Protector Pedro Borges Fiol.

Fundacion Pan America holds multiple entities, with many already being traded on PDR Exchange (Panama), Inc. Operating companies include:

Bella Vista Developments - REIT

Corporación de Desarrollo Pan América CODEPA, S.A. Bono Pan América Bond

Corporación MonyCard, S.A.

Cruceros del Caribe, S.A.

Grupo Pan Americano de Seguros, S.A.

Líneas Aéreas Panamericanas LAP, S.A.

PANAFIN Internacional, S.A.

PANAMERSA Corporation (PNMS)

PANAMERSA IV Ecuador, S.A.

Pan América (MMVII) Sociedad Anónima PANAMERSA Pan América IV Venezuela, S.A.

Pan América IV Colombia, S.A.

Pay Pro LATAM Sociedad Anónima

Port- Sae Productions Sociedad Anónima

Through the PDR Exchange, beneficiaries of Fundacion Pan America are also able to make investments in the ecological future through MicroForest investments. These investments include preserved land in Guatemala, Ecuador, Colombia, Venezuela and that COROBICI Wildlife Preserve in Costa Rica. More information can be found on PDR Exchange (Panama), Inc.’s home page, www.pdrexchange.com.
 

---

Posted by Burn on :
 
$$$676,258 dollars
5,731 PDRs traded throughout weekend at an average of $118.00 each, representing more than 57 million shares of PNMS
 

---

Posted by a surfer on :
 
Who's your daddy!!!!!!!!! .004
 

---

Posted by thesource on :
 
Wow today was the 1st time this has been green since I bought it .
 

---

Posted by Burn on :
 
Another GREEN close .0034 up 6.25%
 

---

Posted by wallymac on :
 
Little by little and we keep the gains. I knew when it gapped up this morning it was going to be a rollercoaster ride.

Glad to see it close green.

GLTA
Wally
 

---

Posted by thesource on :
 
Works for me . I have a sell order in at .006 so lets keep up the gains .
 

---

Posted by wallymac on :
 
Posted by: My2Cents
In reply to: None
Date:7/4/2007 1:07:28 PM
Post #of 77382

Latin America's real estate Panamania
Tuesday, July 03 2007 * 01:32 PM EST
Contributed by: Don Winner
Views: 230
By Eliza Barclay for Fortune Magazine -- Off in the distance, where Panama Bay becomes the Pacific, container ships loaded with merchandise bound for the U.S. bob in the haze. Closer in, a flock of construction cranes hovers over densely clustered high-rises. Fourteen stories below, on Balboa Avenue, cars inch along, their windows sealed tight against the sweltering heat. The view belongs to Jim and Imogene Buckley, a retired couple from Greensboro, Ga., who purchased their one-bedroom condo a few years ago, before it was built, for $140,000. The apartment, which they'll use every other winter month, alternating with another couple from Wyoming, gives them a ringside seat overlooking one of the world's hottest real estate markets. "Panama looked like a good investment and a place to have a good time," says Jim Buckley, 76, a former U.S. Air Guard pilot, while admiring the view. "You don't need a lot of sense to see that it will increase in property value." (more)


Panama City is in the midst of an unprecedented real estate boom that is transforming the skyline of this once-sleepy Latin American capital. More than 30,000 units worth about $5.7 billion have come on the market since last July, according to Paul McBride, CEO of Prima Panama, a real estate marketing company.


That's a lot of condos in a country where the total economy measured $16.2 billion last year. And the boom shows no sign of abating: Among the showiest of the new projects is the Ice Tower, a 106-story luxury apartment building and Hilton Hotel complex that will be the tallest building in Latin America when it is completed in 2011. Even Donald Trump has a project on the boards.


Part of what's driving growth in Panama City, where the median apartment price recently surpassed the median home price in the U.S., is a wave of retirees from North America, like the Buckleys, looking for a place in the sun. So far, few Americans have moved permanently, but many are buying second homes or just plain speculating. Europeans are here too, and there's plenty of new wealth in Latin America, in places like Venezuela and Colombia, looking for a safe haven.


Call it Panamania. Is it a bubble in the making, or the rise of a new Miami? Despite the abundance of cranes around Panama City, only about 10 percent of the projects being sold are under construction, says McBride. "We're not even seeing the construction boom in Panama yet," he says. "This place will look like Manhattan if all these projects come to fruition."


Certainly the decision to spend $5.2 billion to double the width of the Panama Canal, the country's biggest source of revenue, is a sign of Panama's prosperity. The addition of a new lane and a new set of locks will allow post-Panamax container ships, the world's largest, to pass through the canal. "The expansion of the canal has woken up the curiosity of a lot of people," says Saul Faskha, the local developer of the Ice Tower and one of Panama's biggest boosters.


Panama's economy has been growing at breakneck speed - 8.1 percent last year, compared with 6.4 percent in 2005 - and the government finished the year with a surplus of $576 million. Exports from Panama's free-trade zone, the second largest in the world after Hong Kong's, have helped fuel the growth. The U.S. Congress is expected to sign a free-trade agreement with Panama sometime this year, which should boost exports even further. And several multinational corporations have moved or are moving their Latin American headquarters to Panama City, including Caterpillar, Sanofi-Aventis and Samsung.


Consumer spending has also swelled, the banking sector is strong, and 40,000 new jobs were created last year. All that is good news for the government of Martín Torrijos, son of former strongman Omar Torrijos, who ruled Panama from 1968 to 1981.


Unlike his father, the younger Torrijos came to power in a fair election in 2004. And unlike his father, Torrijos doesn't have to deal with a U.S.-occupied Canal Zone: Panama took control of the canal in 1999 and has proved adept at running it. Gone, too, are the U.S. troops that toppled another dictator, Manuel Noriega, a corrupt former general who is nearing the end of a 17-year U.S. prison term for cocaine trafficking.


Rumors that Noriega might want to return to Panama have cast a cloud over an otherwise bright mood. But the country, 36 percent of whose population lives in poverty, has other problems to deal with. For one thing, says Torrijos, during a recent trip to a small mountain town, "there is a huge demand now for a skilled workforce."


Indeed, a labor shortage has already helped slow construction activity in Panama City, and developers are concerned that other factors may hinder the completion of projects. Materials and equipment are in high demand, from rebar to cement to earthmovers. The construction frenzy has also put a strain on the city's infrastructure, and the government is struggling to build enough roads, water-treatment facilities and other projects.


One big problem: All of Panama City's sewage is dumped into the bay, and a treatment plant won't be completed until 2009. "Panama has grown very, very fast - we didn't anticipate this," says Ubaldino Real, Minister of the Presidency. "The government has had to take out more money to be able to act much faster to build roads."


But that hasn't dampened the enthusiasm of people like José Manuel Bern, director of sales and projects for Empresas Bern, one of Panama City's oldest and largest developers. The company's Bayfront Tower, completed in April, is among the first buildings designed for foreigners - distinct from those built for locals because they have balconies but no maid's rooms. Bern says that he sold nearly all the apartments in the tower four years ago, and that units that originally went for $130,000 now sell for $330,000. "We used to be very focused on the local market," he says, "but now I sell to a foreigner every other day."


Prima Panama's McBride and others are worried that the building boom is ultimately going to exceed demand. "I do not think there will be sufficient buyers to absorb capacity, if in fact capacity is delivered," McBride says. "When you see prices going up, driven by speculative investors, that points to a bubble."


Try telling that to Adolfo Olloqui, a Spanish developer whose company, Grupo Olloqui, is building what will be one of the tallest luxury towers in downtown Panama City, the 77-story Palacio de la Bahia. "Panama is the Miami of the future," he says. "With the visa problems in the U.S., South Americans, Central Americans and North Americans will want to come here to do business and to live."

Or try telling it to the Buckleys, who at least have a splendid view from their new Panama perch.

From the July 9, 2007 issue

http://www.panama-guide.com/article.php/20070703133227781
 

---

Posted by wallymac on :
 
Fundacion Pan America Adds New Countries to Exchange
via COMTEX

July 17, 2007

DALLAS & PANAMA CITY, Panama, Jul 17, 2007 (BUSINESS WIRE) --

Fundacion Pan America, a private foundation created in Panama on September 6, 2006, has expanded virtual trading platforms for PDR Exchange (Panama), Inc. to include the following domains www.pdrexchange.es (Spain), www.pdrexchange.de (Germany), www.pdrexchange.cn (China), www.pdrexchange.sg (Singapore), www.pdrexchange.com.au (Australia). This expansion will enable global involvement across all nations, while furthering the PDR Exchange's mission to provide a groundbreaking wealth management atmosphere.

"Expansion to even more countries is of vital importance to the joint development of the diverse economic policies for the foundation's areas and regions of operation," said Pedro Borges Fiol, founder and protector of Fundacion Pan America. "As a means of promoting and assisting the commercial integration of Latin America while creating a viable commercial alternative for our Pan-American future, the foundation stands firm in building and supporting their mission through growth and development."

Fundacion Pan America was formed according to The Republic of Panama's Law Number 25 of June 12, 1995, making it legally authorized to act as a depository agent and custodian of all forms of real goods and properties and financial assets while also maintaining assets and the benefits deposited in them in the name of foundation beneficiaries. Beneficiaries of Fundacion Pan America can be natural persons, companies and/or free governments in good standing, and through its operating unit P.D.R. Exchange (Panama), Inc. beneficiaries are provided the tools to trade receipts (PDR), building wealth management and providing security and anonymity.

The foundation is also dedicated to the conservation and protection of the world's forests, flora, fauna, water resources and minerals through the commercialization of micro forests, as an individual alternative to counter Global Warming seeking "CO2Neutrality." This initiative offers every investor in good standing the means to participate in the process of the integration of Latin America in a direct way via the P.D.R. Exchange, (Panama) Inc., and enjoy all future benefits. In this way, the commercial integration of Latin America and its development is engaged through global participation.

SOURCE: Fundacion Pan America

PANAMERSA Corporation Mike Terrell, 214-774-4870

Copyright Business Wire 2007
 

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Posted by Burn on :
 
I think we see more GREEN
 

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Posted by thefenway on :
 
what a terrible spam & dump stock. If it looks looks & acts like a SCAM and probably is one. Gonna have to give all the credit to the topic starter for pointing this one out.
 

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Posted by Burn on :
 
It aint OVER
 

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Posted by Burn on :
 

quote:

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Originally posted by thefenway:
what a terrible spam & dump stock. If it looks looks & acts like a SCAM and probably is one. Gonna have to give all the credit to the topic starter for pointing this one out.

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