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ParaFin Corp. (PFNO)

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Last Post: 2/26/2017 12:56:48 AM - Followers: 259 - Board type: Free - Posts Today: 1


                                                                                                                                      
                                                                                                                                           PFNO




ING Bonds: The Laporte Report https://www.scribd.com/doc/243168495/PFNO-Bond-Report 

When presented with financial documents to determine if they are authentic, it is considered  best practice to have a genuine standard either obtained from, or approved by, the issuer of the document. In the event this authentic standard is unavailable, the examination may be conducted using a listing of features contained within the genuine document. Having this requisite knowledge then allows for an examiner to identify similarities and differences in the questioned document(s) when compared with a genuine specimen. No known specimens or specifications with regard to ING Bank bonds have been provided. As mentioned in the Introduction, I previously requested and provided ING with the opportunity to collaborate  by facilitating access to a genuine bond for comparison and did not receive any cooperation after making requests over a period of five (5) months, preventing me from reaching a definitive conclusion regarding the authenticity of the bonds. The lack of collaboration by the issuer, the generic response received via email, and the statements issued by ING Bank  based on a digital image is highly unusual.  

Gerald M. LaPorte, MSFS Forensic Chemist and Document Dating Specialist

 



 

 

http://www.parafincorp.com/ 

The potential of hydrocarbon Concessions and other opportunities in the Oil & Gas industry have continued to be the main focus of the Corporation from that time until the present. Effective March 30th, 2010, the Board of Directors of Parafin have authorized the President to negotiate the acquisition of Hydrocarbon Assets in North America. 

http://www.parafincorp.com/?q=node/23

 

 

By Farmout Agreement with Guarani Petroleum Exploration, S.A. Parafin has the right to earn an 80% interest in the Alto Parana Block consisting of 2,456,452 hectares (approximately 6.06 million Acres) in Alto Parana Province, Paraguay. 

 

The Chaco Parana Basin in Paraguay is one of the last, largely unexplored, oil and gas frontiers in the world with known hydrocarbons. It covers most of Paraguay and portions of Brazil, Uruguay, Argentina and Bolivia. In Paraguay alone it covers an area of 98,840,000 acres (400,000 sq kilometers). To date, 49 exploration wells have been drilled in Paraguay

(a country with a landmass roughly the size of California). 24 of the exploration wells (49%) have oil shows. Within the Chaco and Parana Basins are established hydrocarbon areas where oil and gas have been produced in Argentina, Bolivia and Brazil since the early 1920's.

 

HIS Energy, a US based energy consultancy, recently ranked Paraguay as the seventh best Oil and Gas fiscal regime globally, while its neighbor Argentina ranks 38th and the US 44th. Recent political and economic changes in the country, coupled with the establishment of gas imports to Southern Brazil from Bolivia, place Paraguay as an enticing area for exploration. 

 

The US Geological Survey, in its 2000 world petroleum assessment study, estimated a resource potential of 900 million barrels of oil and 4.5 trillion cubic feet of natural gas for the Chaco Basin of northern Paraguay. 

 

Parafin Corporation is seeking funding of up to $10M USD to fund operations for the exploration and exploitation of the company's 6.06 million Acre Hydrocarbon Concession in Paraguay. Parafin will use the funding to proceed to the next stage of 3D seismic interpretation to locate drilling targets and then for drilling the targeted well sites. 

 


 

 

 

 


 

 

 

 

 

PFNO Corporate Profile

 

 

 

ParaFin Issuance of Preferred Shares Paid for With Bearer Bonds
 
http://finance.yahoo.com/news/ParaFin-Issuance-of-Preferred-iw-1515611721.html?x=0&.v=1
...On January 27, 2010, ParaFin Corporation released an annual report reflecting an asset of US$3.63 billion represented by 2,400 Bearer Bonds issued June 16, 2000 dated for redemption on June 16, 2010. The 2,400 Euro Bearer Bonds were issued by a major European Bank, have a face value of 1,000,000 Euros each and have accumulated interest at 5.5% from the issuance date. 
 
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=29843
 
Bearer Bonds of this denomination and amount are typically reserved solely for and held only by banks and large financial institutions. After the original issuance, these Bonds were acquired by and delivered to a single individual. In an effort to promptly liquidate the assets of this individual's estate, the Trustee of the individual's estate negotiated the Agreement with ParaFin.
To finance the Exploration and Exploitation of the 6.06 million Acre Hydrocarbon Farm-out Agreement in the Republic of Paraguay, ParaFin Corporation was in the process of selling an issue of Preferred Shares. The Subscription Agreement negotiated by ParaFin with the Trustee for the sale of the Preferred Shares allowed the Trustee to pay ParaFin Corporation US$3.63 billion by the delivery to ParaFin of 2,400 Bearer Bonds issued June 16, 2000 dated for redemption on June 16, 2010. Under the Agreement, ParaFin is entitled to 100% of the accumulated interest owed to date.
 
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=28251 
 
The Preferred shares issued by ParaFin have a legend printed on the face of the Certificate stating they are "Redeemable, Retractable on Demand Non-Voting Shares Issue Price US$1,000,000 per Share... secured only by funds from the sale or redemption of the 2,400 5.5% Euro Bearer Bonds."

ParaFin retained expert Forensic Document Examiners and has done substantial due diligence regarding the Bonds over the past two years. ParaFin is now working with private consultants who are in the process of setting meetings with the top executives at the issuing Bank in order to negotiate the redemption of the bonds. Legal opinions received by ParaFin confirmed that whoever is in possession of the Bonds in hand has the right to redemption. ...


 
Although not confirmed, it's thought that the ING bond info below could be the related PFNO ING bonds mentioned above:
 
http://www.ing.be/private/showdoc.jsp?docid=281604&menopt=pro|inv|sha|eur&WT.ac=menu_prod_Invest_shares_bonds_EuroBonds
 
http://www.euronext.com/trader/factsheet/factsheet-4412-EN-NL0000086809.html?selectedMep=2
 
 
 
Breakdown of what PFNO's bonds are worth per share if its OS was maxed to be its rounded AS of 2,000,000,000 shares courtesy of TLETTELL  
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47668008
 
Bearer bonds alone:
$3600000000 / 2000000000 shares = $1.80 cash per share

With additional 1 billion dollars in interest added:
$4600000000 / 2000000000 shares = $2.30 cash per share 

 

 

 

Video of Paraguay's Oil Potential Featuring PFNO's Consulting Geophysicist Byron R. Ayme

http://www.parafincorp.com/files/oil_video.wmv 

 

 

Transfer Agent

Transfer Online, Inc.

512SE Salmon St

Portland OR, 97214

PH: (503) 227-2950

Fax: (503) 227-6874

E: [email protected]

http://www.transferonline.com/

 


 

Corporate Legal Council

Frank Hariton

1065 Dobbs Ferry Road

White Plains, NY, USA   10607

e-mail   [email protected]

 


Auditor

De Joya Griffith & Company, LLC

http://www.dejoyagriffith.com/

2580 Anthem Village Drive

Henderson, NV 89052

Phone: (702) 588-5961

Fax: (702) 588-5979

 


 

Investor/Broker Contact

CORPORATE COMMUNICATIONS

[email protected]

 

Internet: http://www.parafincorp.com/

Telephone: (213) 985-3136

 


 

PFNO News

http://www.parafincorp.com/?q=news

 

PRIVATE EQUITY FIRM EXECUTES TERM SHEET TO COMMIT FOR $6M FINANCING

Thu, 03/18/2010 - 19:11

Reno, Nevada, March 18th, 2010, ParaFin Corporation (PFNO.PK): The Directors of Parafin Corporation hereby announce that Parafin Corporation and a Private Equity Firm have both signed a Term Sheet whereby the Private Equity Firm, based out of Wilmington, DE, will commit to purchase up to $6M USD of shares of common stock of Parafin.  The investor is a private equity firm that invests capital into companies in the emerging markets.

BOARD OF DIRECTORS VOTE TO REVERT TO FULLY REPORTING STATUS AND TO APPLY TO RE-INSTATE THE SHARES OF PARAFIN TO TRADE ON BULLETIN BOARD

Mon, 03/15/2010 - 01:42

Reno, Nevada, March 15th, 2010, ParaFin Corporation (Stock Symbol: PFNO.PK): The Board of Directors have voted to become fully reporting and to apply to re-instate the shares of the Corporation to trade on the Bulletin Board.  In January, 2008, the Corporation went non-reporting on the advice of Counsel and the shares of Parafin then traded on the Pink OTC Market under the symbol PFNO.PK. 

PARAFIN ISSUANCE OF PREFERRED SHARES PAID FOR WITH BEARER BONDS

Wed, 03/10/2010 - 10:05

Reno, Nevada, March 10th, 2010, ParaFin Corporation (Stock Symbol: PFNO.PK): The Directors of Parafin Corporation, In response to multiple inquiries from shareholders and potential shareholders, felt compelled to put out a statement on the company's Bearer Bond holdings.

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PARAFIN CORPORATION LAUNCHES NEW CORPORATE WEBSITE

Wed, 03/10/2010 - 07:13

Parafin Corp (OTC: PFNO) launches it's new corporate website. This website complete with company information, company news and events as well as a glossary of Oil and Gas investment terms and even a brief history of the petroleum will serve to be a place for investors to go for current company information.    


 
PFNO Management
http://www.parafincorp.com/?q=node/13

 

SIDNEY B. FOWLDS, DIRECTOR;

Chairman of the Board.  Born  September 21, 1940, married and has two children.  Mr. Fowlds attended the University of British Columbia between 1958 and 1963 majoring in Economics and Political Science.  In 1967, Mr. Fowlds became an Ivestment Dealer and worked in all departments of the securities industry, including on the floor of the Toronto and Montreal Stock Exchanges.

 

In 1969 Mr. Fowlds was appointed Vice-President of a mining company in British Columbia. A year later he became the largest shareholder and Chairman of the Board.  Mr. Fowlds restructured the Company and formed Jordan River Mines Ltd.

Mr. Fowlds negotiated financing to place the Company's copper/gold/silver property situated at Jordan River on Vancouver Island, British Columbia, Canada into production.  Jordan River Mines, Ltd. had a plant capacity of 1500 tons per day employing in excess of 200 employees.  Copper, gold and Silver production from the mine was sold under contracts negotiated by Mr. Fowlds to smelters in both Germany and Japan.In the '80s, Mr. Fowlds diversified into the oil and gas industry and was Chairman of the Board of several public and private oil and gas companies.  As a financial consultant to Companies during this period Mr. Fowlds raised  millions of  dollars for exploration and development of land parcels in the oil and gas industry  in Louisiana, Texas, California and two multi-million acre Government Concessions in Papua New Guinea.  In 1989, as a result of the downfall of the world price of oil and gas, Mr. Fowlds changed the direction of the Company to Telecommunications, voice technology and the PC computer industry.  The Company developed the E.T. _TeleManagement_ 1 900 and 1 800 and VoiceMail systems, raising more than $5 million for research, development and marketing.

From 1996 until the present Mr. Fowlds returned to the Oil & Gas industry.  The potential of hydrocarbon Concessions  and other opportunities in the Oil & Gas industry have continued to be the main focus of the Corporation from that time until the present.  

 

Mr. Fowlds is a Founder Member of the Tournament Players Club at Sawgrass in Florida and is a strong supporter of golf charities and amateur golf.

 

JOHN JOHNSTON, DIRECTOR.

Retired.  Real Estate developer.  Former part owner of golf club manufacturing company and 18 hole championship golf course.  Designed 18 hole golf course and real estate developments.  Mr. Johnston is a former  winner of the Canadian Amateur Golf Championship and is a member of the British Columbia Hall of Fame.

 

ROBERT M. MILLER, DIRECTOR.  Financial Consultant.

Born in St. Albans, Herts., England.  Stock broker and financial and real estate consultant in London, England; Brisbane, Australia and Vancouver, B.C., Canada.

 

ANTHONY V. FEIMANN, Secretary-Treasurer.  Financial Consultant.

Mr. Feimann graduated with a Bachelor of Arts degree in Econometrics from the University of British Columbia in 1963.  This included one year of post-graduate work.  Mr. Feimann worked for a national firm of Chartered Accountants for five years.  He then started his own economic consulting company.

 

BYRON R. AYME, B.Sc., Consulting Geophysicist

Mr. Ayme is a consulting Geophysicist (Bakersfield, CA) His reports for Parafin Corporation have been based on the Alto Parana and San Pedro Blocks which is detailing seismic data obtained from the ministry in Paraguay as well as published reports on the area. This report consisted of a 14 day visit with Dr. Fernando Wiens, Ph.D. in Geology and consulting geologist residing in Asuncion, Paraguay. Additional materials used for his research and analysis consisted of internal reports on the Alto Parana Block commissioned by Texaco when they were operators of the block. Other information was derived from interviews with colleagues from Occidental Petroleum Company, experienced in these regions. Mr. Ayme holds no investment, directly or indirectly in the Alto Parana and San Pedro Blocks or in the Parafin Corporation. 

 


 

PFNO Contact Information

http://www.parafincorp.com/?q=node/1

5190 Neil Road, Suite 430

Reno, Nevada 89502

Telephone: (213) 985-3136

Facsimile: (866) 613-3131

Internet Web Site: http://www.parafincorp.com

E-Mail: [email protected]

 

Investor Information


 

 

 

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PFNO
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PostSubject
#38081  Sticky Note Fake oil + fake bonds + fake diamonds=fake.PFNO waterchaser 02/24/17 12:45:09 PM
#37476  Sticky Note ING Ordered to pay $619 Million in Fines... $UPERMAN 12/14/16 03:38:57 PM
#37464  Sticky Note Look. $PFNO Still Trading. FINRA Loves $PFNO $UPERMAN 12/07/16 11:55:06 AM
#35060  Sticky Note ING Ordered to pay $619 Million in Fines... $UPERMAN 09/14/15 04:11:42 AM
#38095   Same bullshit every year or so volume goes M D 02/26/17 12:56:48 AM
#38094   Still waiting for this pump you speak of. Joey_B 02/25/17 04:31:19 PM
#38093   A PFNO group PnD can do that. It's waterchaser 02/25/17 02:13:10 PM
#38092   Your welcome ING has be caught with there 29YEARINVESTOR 02/25/17 01:58:05 PM
#38091   Thanks for those reports from 2012 and 2013. waterchaser 02/25/17 01:40:22 PM
#38090   Yep! I've been here since 2008 and have 29YEARINVESTOR 02/25/17 12:56:55 PM
#38089   Sell volume outpaced buy volume yesterday by 57 waterchaser 02/25/17 10:16:24 AM
#38088   Actually no. The buyers bought 220 million shares sunshinesmiles 02/24/17 04:36:01 PM
#38087   I think it was only oil when I M D 02/24/17 04:11:46 PM
#38086   It's been 10 years don't care if it M D 02/24/17 03:59:50 PM
#38085   Yep, no worries. Fluctuation is expected. Go PFNO. roberteliates 02/24/17 02:22:17 PM
#38084   No doubt, no worries here. Some folks picked Arnold25764 02/24/17 02:09:21 PM
#38083   Yeah go pfno ALIENZ 02/24/17 01:32:54 PM
#38082   Big volume bombing in now. 0.0002 hit again. $UPERMAN 02/24/17 01:05:48 PM
#38081   Fake oil + fake bonds + fake diamonds=fake.PFNO waterchaser 02/24/17 12:45:09 PM
#38080   That's correct ..Sid still in possession of bonds ALIENZ 02/24/17 11:12:44 AM
#38079   Well Sid didn't own the bonds ten years Shazbat 02/24/17 11:06:19 AM
#38078   10 Years? Bullshit. The numbers don't add up. $UPERMAN 02/24/17 10:58:05 AM
#38077   Looks like bid is increasing. Arnold25764 02/24/17 10:55:20 AM
#38076   I'm staying positive ..Holding for pennies ..Go pfno ALIENZ 02/24/17 10:43:00 AM
#38075   Just satin been here for 10 years made M D 02/24/17 10:38:00 AM
#38074   Lol hold and wait for pennies imo ALIENZ 02/24/17 10:33:13 AM
#38073   Okay then. You sure told me. DoublePlusGood 02/24/17 10:29:45 AM
#38072   This stock is what it is . You M D 02/24/17 10:24:46 AM
#38071   Note to self don't get Schwab. DoublePlusGood 02/24/17 10:19:54 AM
#38070   Well there's still 46M on the ask and Kirbs72 02/24/17 10:08:53 AM
#38069   Anyone buying 999,999 is a Schwab customer that's Shazbat 02/24/17 10:04:18 AM
#38068   Volume was def not at 0.0002 agreed ALIENZ 02/24/17 09:59:54 AM
#38067   Volume @0.0002 wasn't enough for selling 220 million $UPERMAN 02/24/17 09:51:39 AM
#38065   Correct and sold them .0002. $PFNO Kirbs72 02/24/17 08:50:56 AM
#38064   PFNO hitting the Breakout Board. Potential! sunshinesmiles 02/24/17 01:49:05 AM
#38061   I would like to see .30 or more favor 02/23/17 09:01:08 PM
#38059   Thanks for the update, MD. roberteliates 02/23/17 07:48:48 PM
#38058   Way too low, but good nonetheless. roberteliates 02/23/17 07:47:38 PM
#38057   Called & talked to Sid many times last M D 02/23/17 07:16:51 PM
#38055   Well there's so many reasons he didn't pick Shazbat 02/23/17 03:36:01 PM
#38053   Worst pump of all time WTF IMO Kirbs72 02/23/17 03:22:43 PM
#38052   Just because Sidney didn't answer means absolutely Nothing. $UPERMAN 02/23/17 03:04:27 PM
#38051   I think we are chasing our tail again, M D 02/23/17 02:57:48 PM
#38050   The slow down suggests to me that someone Shazbat 02/23/17 02:50:13 PM
#38049   Yep. As I've done in the past, roberteliates 02/23/17 02:37:06 PM
#38048   Right so we wait patiently here. Trip plays Arnold25764 02/23/17 02:36:08 PM
#38047   PFNO is sleeping beast waking up. I hope roberteliates 02/23/17 02:35:27 PM
#38046   And yet, here we are at BID holding roberteliates 02/23/17 02:33:34 PM
#38045   Yeahzzz yeahzzz yeahzzz ALIENZ 02/23/17 02:28:57 PM
#38044   Unfortunately PFNO is not involved in any of waterchaser 02/23/17 01:54:34 PM
#38043   Oil,Coal, Gas plays hot right now. Arnold25764 02/23/17 01:50:25 PM
#38042   Out of curiosity, other than a group PnD, waterchaser 02/23/17 01:08:49 PM
#38041   I hear ya. Trade at your comfort level. roberteliates 02/23/17 01:00:50 PM
#38040   No problem. I'll be here for the run. greatnessawaits 02/23/17 12:57:53 PM
PostSubject