posted
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 !!
-------------------- Market Correction - The value of the stock always decreases after i buy it Posts: 317 | Registered: Feb 2007
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posted
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 .
-------------------- ----- Game Over ----- Posts: 1536 | From: San Antonio - Texas | Registered: Oct 2006
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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 !!
-------------------- Market Correction - The value of the stock always decreases after i buy it Posts: 317 | Registered: Feb 2007
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posted
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
Posts: 4071 | Registered: Dec 2005
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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 .
-------------------- ----- Game Over ----- Posts: 1536 | From: San Antonio - Texas | Registered: Oct 2006
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posted
mm's have take a full adventage of the opportunity and have loaded up cheap today imo; should be interesting today .002 gone now
Posts: 4071 | Registered: Dec 2005
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posted
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.
posted
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.
posted
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
-------------------- Market Correction - The value of the stock always decreases after i buy it Posts: 317 | Registered: Feb 2007
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posted
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
Posts: 6410 | Registered: Jul 2006
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posted
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 !!
-------------------- Market Correction - The value of the stock always decreases after i buy it Posts: 317 | Registered: Feb 2007
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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
Posts: 6410 | Registered: Jul 2006
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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
Posts: 4071 | Registered: Dec 2005
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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
-------------------- Market Correction - The value of the stock always decreases after i buy it Posts: 317 | Registered: Feb 2007
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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
Posts: 4071 | Registered: Dec 2005
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