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ParaFin Corp. (PFNO)

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Last Post: 3/4/2015 8:30:09 PM - Followers: 255 - Board type: Free - Posts Today: 0


ING Bonds: The Laporte 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


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.



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
...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.
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. 
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:|inv|sha|eur&
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
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 



Transfer Agent

Transfer Online, Inc.

512SE Salmon St

Portland OR, 97214

PH: (503) 227-2950

Fax: (503) 227-6874




Corporate Legal Council

Frank Hariton

1065 Dobbs Ferry Road

White Plains, NY, USA   10607




De Joya Griffith & Company, LLC

2580 Anthem Village Drive

Henderson, NV 89052

Phone: (702) 588-5961

Fax: (702) 588-5979



Investor/Broker Contact




Telephone: (213) 985-3136






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.


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. 


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.



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



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.



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

5190 Neil Road, Suite 430

Reno, Nevada 89502

Telephone: (213) 985-3136

Facsimile: (866) 613-3131

Internet Web Site:



Investor Information




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PFNO News: Analyst Report on Innovative Polymer Technology Manufacturer with Increased Revenues of 82% YOY and 4 Brief Reports 12/03/2014 07:00:00 AM
#32111  Sticky Note Reply from ERGOKONZEPT regarding Listing, 2015 business plans... $UPERMAN 12/21/14 10:40:59 AM
#28146  Sticky Note *NEWS PFNO BONDS UPDATE* READ ALIENZ 09/01/14 07:56:03 AM
#23812  Sticky Note What move are you expecting ? zomniac 06/09/14 10:44:48 PM
#21304  Sticky Note PFNO ING Bonds zomniac 05/05/14 08:13:30 AM
#33440   Has anyone heard anything? Any news about ChipnBella 03/04/15 08:30:09 PM
#33439   My sentiments precisely. When it went to .0009 lambchops 03/04/15 10:58:46 AM
#33438   That could be an issue. hehe $UPERMAN 03/04/15 12:18:11 AM
#33437   Sometimes PFNO/ERGO DD is not needed but just TMONEY 03/04/15 12:11:49 AM
#33436   as you know. we are last to know. LOL $UPERMAN 03/04/15 12:07:37 AM
#33435   It is still a wildcard to me but TMONEY 03/04/15 12:07:33 AM
#33434   "Wonder if the website waits on ERGO. hmmmmmm" Now TMONEY 03/04/15 12:04:05 AM
#33433   I'm just not positive on it like you. lambchops 03/04/15 12:02:34 AM
#33432   Agree. Grifter, TMONEY and Myself constantly correcting it $UPERMAN 03/04/15 12:01:12 AM
#33431   There is a proposed agreement dependent on ERGO TMONEY 03/03/15 11:59:29 PM
#33430   Yes, I know what was said. There wasn't lambchops 03/03/15 11:55:57 PM
#33429   ERGO said they were waiting on financials and TMONEY 03/03/15 11:55:03 PM
#33428   I recall you saying that too. Spot on. $UPERMAN 03/03/15 11:50:31 PM
#33427   ERGO said 1Q and March is the end TMONEY 03/03/15 10:23:08 PM
#33426   Someone said ERGO was listing this month. It lambchops 03/03/15 01:10:12 PM
#33425   No bid and no volume = uh oh. waterchaser 03/03/15 01:04:14 PM
#33424   Looks like a Wildcard... I cannot remember who TMONEY 03/03/15 01:03:18 PM
#33423   Looks like a lot of 1's. Big small--take lambchops 03/02/15 09:58:24 PM
#33422   PFNO T&S lately: zomniac 03/02/15 05:26:08 PM
#33421   It will but ... puppydotcom 03/02/15 04:23:47 PM
#33420   buy some shares... lambchops 03/02/15 03:14:43 PM
#33419   Let's get this to the 2's so I ChipnBella 03/02/15 12:35:41 PM
#33418   $ has always been bullish on PFNO. And, lambchops 03/02/15 10:05:04 AM
#33417   Sad, I know. Was asking $UPE his adama1984 03/02/15 09:05:40 AM
#33416   PFNO-no-no?????????????????????? TMONEY 03/01/15 11:41:26 PM
#33415   Take a look at the price per share lambchops 03/01/15 10:15:49 PM
#33414   How goes it $UPERMAN? Is PFNO breathing? adama1984 03/01/15 01:49:59 PM
#33413   PFNO-NO_NO! Oops! No volume; no revenue; no CEO (IMO); lambchops 02/27/15 05:11:38 PM
#33412   I am still interested in this position. I lambchops 02/26/15 11:39:20 PM
#33411   My brother creates websites and I agree with TMONEY 02/26/15 06:15:22 PM
#33410   Nice buys today :) PFNO TMONEY 02/25/15 08:03:25 PM
#33408   We changed service providers and it is delayed. puppydotcom 02/25/15 08:55:57 AM
#33407   What a joke! simbaba 02/25/15 07:43:38 AM
#33406   Look, I can design a website in a lambchops 02/25/15 12:37:02 AM
#33405   DD normally proves out in the long run. lambchops 02/25/15 12:35:17 AM
#33404   Email back from sid ALIENZ 02/25/15 12:27:16 AM
#33403   ERGO? Update yourself by contacting them. $UPERMAN 02/25/15 12:07:45 AM
#33402   There is not enough revenue to warrant keeping puppydotcom 02/24/15 10:05:30 PM
#33401   Totally wrong my friend. PFNO TMONEY 02/24/15 08:54:09 PM
#33400   Why would someone sell one share at .00001? TMONEY 02/24/15 08:47:44 PM
#33399   "basically little to no revenue" Basically yes but no? LOL PFNO TMONEY 02/24/15 08:44:33 PM
#33398   Nonsense, read what I wrote puppydotcom 02/24/15 06:38:19 PM
#33397   Dig deeeeeeper. There are NO revs. lambchops 02/24/15 04:29:12 PM
#33396   That's a lie. $PFNO collects Royalties. $UPERMAN 02/24/15 03:32:00 PM
#33395   How true, this company has nothing but massive puppydotcom 02/24/15 03:02:35 PM
#33394   Sid's_silly_scam_swam_silently_southward. Not a tounge-twister-mystery to paulscary 02/24/15 02:50:42 PM
#33393   Oh yes, my friend, that's exactly what was lambchops 02/24/15 07:57:47 AM
#33391   They never said ERGO will buy the 3 TMONEY 02/24/15 12:29:23 AM
#33389   No volume; nothing to talk about with this lambchops 02/23/15 11:52:41 AM
#33388   Possession is 9/10th of the law. puppydotcom 02/22/15 08:37:21 PM