posted
Fundacion PayPro Announces The Sale of 2 Billion Restricted Shares of PayPro, Inc. in PDRs at $0.04 Nov 6, 2006 10:38:00 AM Copyright Business Wire 2006
DALLAS--(BUSINESS WIRE)--
Fundacion PayPro announces the sale of 2 billion restricted shares of PayPro, Inc. in PDRs at $0.04.
PayPro Latin America, S.A. becomes the beneficiary of the Fundacion PayPro Panama by acquiring 2 billion restricted and Offshore shares through PDR's * $0.04.
Fundacion Founder and Protector Pedro Borges Fiol said, "We have become a very dynamic group of companies engaged in the commercial integration of Latin America into the Pan-American Economic development and of the rest of the world, while maintaining an ecological balance to protect flora, fauna and water resources promoting carbon neutrality through the microforests programs. To celebrate the anniversary of Panamas Independence and commitment to Latin American we acquired the restricted shares late Friday. We will very shortly begin to promote business and investment Tourism through PayPro Travel -- 'Come Visit Panama and see for yourself...'"
PayPro Latin America, S.A. was formed to coordinate all infrastructure projects and developments in Latin America, through Panama, which includes all micro forest and CO2 carbon neutrality programs, "A family's way to gain carbon (CO2) neutrality status."
A PDR (PayPro Depository Receipt) is a dollar-denominated negotiable certificate, issued outside the United States, that represents ownership of shares in a U.S. publicly traded company registered in the state of Nevada such as PayPro, Inc. The structure of a PDR includes a ratio, which correlates with the amount of PayPro shares to the receipt. A PDR can be cancelled for its underlying restricted shares at any time.
Our policy is to maintain that our SHARE and PDR's holders are informed regularly.
Financials will be released by Nov. 15. Further developments will be announced before the end of November 2006.
Posts: 375 | From: New Jersey | Registered: Apr 2005
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posted
I ain't sellin' yet, this one have a long way to go. Been adding the whole last week and added today aswell
Posts: 4071 | Registered: Dec 2005
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And so the manuevering begins until in the end we won't be able to recognize PYPR at all.
Posts: 352 | From: Marietta, GA | Registered: Nov 2005
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posted
two weeks ago they announced ruducing the O/S by 2 billion shares, today they announce the sale of 2 billion restricted shares to one of thier own subsidiaries? will they get REAL money for this or is it creative accounting to inflate the co`s value on paper? smells fishy?
Posts: 2503 | From: connecticut | Registered: Mar 2005
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quote:Originally posted by madmoney: two weeks ago they announced ruducing the O/S by 2 billion shares, today they announce the sale of 2 billion restricted shares to one of thier own subsidiaries? will they get REAL money for this or is it creative accounting to inflate the co`s value on paper? smells fishy?
I had a feeling of de ja vue after reading your post.
Just can't link the two right now.
My guess is a combo of the two. And/or a trade difference for the land aquired in Panama
Posts: 6410 | Registered: Jul 2006
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posted
Okay now I have been here on this thread for a long time and I just keep on seeing these same poeple BUYING and selling the same stock again and again. And also when the sell the stock....few days later buy it back even higher...
That is just DUMB!
Just have patience....This will live through all the PUMPERS and DUMPERS and we will see PENNY sooooon.
Long live my stock doct or
Go PYPR ...I am holding my shares tight!
Posts: 1206 | Registered: Feb 2006
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I have added on 4 different levels and only sold half the shares that i bought at .0021. the rest i'm holding till higher levels atleast a penny.
Posts: 4071 | Registered: Dec 2005
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I hope this week will be all about consolidating in the 005's. Then next week, the 006's. And so on and so on...you get my drift?
Posts: 17 | Registered: Oct 2006
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I'm sick that I sold my 2 million shs that I bought at .0002 (and sold in the triple 0's too). But I did buy 600k back at .0015, so that's not TOO bad! Pretty good actually.. cept that 2mill at .0002 was so much nicer! I'm not flipping either.. I keep hearing that it's going to hit the pennies.. so I'll wait it out! I've heard a couple of amazing rumors.. so I'm sticking with it.
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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-------------------- Tommorow and tomorrow and tomorrow. Creeps in this petty pace from day to day. Posts: 49 | From: Ontario, Canada | Registered: Oct 2006
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Looks like their Latin American division got news today:
PayPro Latin America, S.A. Announces New President Business Wire - November 07, 2006 10:55
DALLAS, Nov 07, 2006 (BUSINESS WIRE) -- PayPro, Inc announces Pedro Borges Fiol as the new President of PayPro Latin America Sociedad Anonima, (S.A.).
Pedro Borges Fiol, a Costa Rican citizen, holds a Master in Business Science Degree in Marketing Management with emphasis in Financial Products. Pedro's graduating thesis was "The Commercial Integrations of Latin America into the Economic Development of Pan-America (The Western Hemisphere)." For the last 30 years, he has been a militant and promoter of Pan-Americanism ... "a sense of belonging" ... as a forward-looking vision that establishes equitable commercial integration as the only solution to Latin America's survival in our globalizing economies. His professional career has been in banking and finance in the Latin American region, with operations hubs in the Republic of Panama, the Pan-American Banking Center and Costa Rica, the Pan-American Service Center. He is the Founder of "Fundacion PayPro," a Panamanian Private Interest Foundation, legally authorized to act as the depository, clearing house and safe keeper of PayPro's Incorporated shares for the benefit of its beneficiaries, legal entities or persons of good standing. He offers logistical advise to high level government officials in Latin America and the Caribbean.
About PayPro Incorporated and PayPro Latin America S.A.
PayPro Incorporated (Pink Sheets:PYPR) is a global e-commerce and e-biz Solutions Company offering interactive e-commerce and e-biz programs. PayPro offers a range of goods and services ONLINE as follows:
Visa prepaid cards, e-commerce merchant accounts, Life insurance policies, Gold transactions, Telephony services, Text messaging, VoIP, Micro forests properties, Real estate investment participations, Fixed and variable income Real estate properties in Costa Rica and Panama, Offshore financial services, Asset management and protection, Travel services, Leisure, Business, Health, Relocation services, and Digital marketing services.
Forward-Looking Statements is not historical fact 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.
SOURCE: PayPro Incorporated
PayPro Incorporated Mike Terrell, 214-774-4870
Copyright Business Wire 2006
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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holding strong, we need to break .0055 Financials comin' out before or on the 15th- another week
Posts: 4071 | Registered: Dec 2005
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