Fundación Pan America

[The Tooth Fairy]

Monday, August 18, 2008
Reporting about our delegations to associates, beneficiaries, shareholders and PDR holders

Greetings.

I, Pedro Borges Fiol, have returned to our office in Costa Rica and will talk to all without frontiers about our delegations' actions in America I, II, III and IV.

The first section of this news update will talk about the areas visited and the purpose of the trips. The second section will review and update our projects to accomplish our business plan.

FIRST SECTION: We met in America I with representatives from Jamaica, Haiti, Dominican Republic and Puerto Rico. There we formed two delegations to travel to: America II USA, Washington, Virginia, Los Angeles and Houston; then the delegation continued to Guatemala, Nicaragua and Panama in America III. The second delegation traveled to America IV Venezuela, Bolivia and Paraguay. During our meetings throughout, we reviewed mostly legal and commercial regulations that have a direct impact in Grupo PANAMERSA activities in all four America regions. We were advised by regulatory and economic intelligence agencies on how to best handle the legal complexities of our business plan, the commercial integration and economic development-taking place in the four America. We were guided on the five points of the star: What, Who, How, When and Where. Grupo PANAMERSA as a whole is rated well in operations and lobbying; and not so well in-group logistics; therefore, we will be making adjustments to fully comply with the multi-jurisdictional complexities of our business plan. During our meetings we reviewed over forty thousand posts from the Investors Hub. The posts were very informative and helpful, the agencies involved reviewed useful intelligence from the Investors Hub Forum, most of the meetings participants enjoyed the benefits of reading previously analyzed positions from members of the forum, such as: the cultural, intellectual, professional and personality characteristics of the analysis which were very helpful to understand the diversity of the posters. Some were very good (Midas 716, Overachieve, Digiholic…etc) others not so good (Double Dip, Bulldogxxxx, Stratocasterca, Huntersxxxx…etc.) all frequent posters are properly identified and represent a mix of America II Canadians, some USA and Europeans. To all, thank you for helping Grupo PANAMERSA. Also, we met with political personalities of our times, we talked about our problems and goals and they listened very well about Grupo PANAMERSA business plan. The political audience appreciated our candid explanations and advised us that we had undertaken a very large responsibility and that even though there were disagreements, the sense of belonging and the good neighbor policies were our only common denominators; the America I CUBA embargo was also a topic of discussion - the general consensus is that it will begin to be lifted in a very orderly and organized format beginning on the month of March 2009…al of the people in our discussions meetings were very cooperative…wishing us a lot of luck. Also, Grupo PANAMERSA, our delegation and los “Clubes Martianos (Jose Marti)” in the four America, wished Dr. Fidel Castro Rus a happy birthday on his 82nd birthday. In Bolivia we congratulated President Evo Morales for winning the ratification referendum and offered our help in the process of unity in Bolivia and in Paraguay President Fernando Lugo was also congratulated on his election as president and we offered our help and solidarity. Overall the goodwill trips were excellent and we felt that America II USA and America I CUBA have already began moving forward to better relations… understanding that we all have to work towards a Team AMERICA for all without frontiers….



SECOND SECTION: In this section we will review Grupo PANAMERSA business plan accomplishments and projects taking place and their status:

1. PANAMERSA Corporation pnms:pk the Board of Directors will be assessing, in order to increase share price, the appropriateness and size of a reverse split...
2. Pan American Development Corporation a Nevada State legal entity will begin to create a business plan to promote Real Estate Investment Funds and other vehicles to assist the emerging real estate tourism markets in America I…for all without frontiers…
3. Mesoamerica Business Center, S.A. has begun to offer its services in all four America www.mesoabc.com.
4. The Deposit Credit Corporation will be Grupo PANAMERSA representation for all America II associates' and beneficiaries' needs…
5. Panamericana de Salud, S.A. has reached agreements with Cubanacan Turismo de Salud (Health Tourism) and GeoSalud.com to offer its services including life insurance online to all….
6. PDRex.com Sociedad Anonima was created to assist the PDR Exchange (Panama) Inc. in its expanding operations online…
7. Corporacion PANAMERSA s.r.l. Costa Rica has prepared and agreed with the Oficina del Programa Martiano de la Republica de Cuba to sign the first Fideicomiso (Fideicomiso is a contract in TRUST form) to develop in Guatemala a theme Park to Honor Jose Marti’s quest for Love and Family. The project will be completed in February 2009.
8. Corporacion PANAMERSA s.r.l. and DeSoft, S.A. have agreed and signed mutual cooperation agreements in the areas of Internet Science and Technologies and many more. Also INFORMATICA 2009 will be sponsored by PANAMERSA and will bring together experts from all over the world including the USA and CANADA.
9. Mesoabc.com in conjunction with enlinea.com and Amerisol.com have begun to develop an online general merchandising platform to commercialize products from all four Americas for all without frontiers, the project will be completed and ready to start on 01 October 2009 offering Habanos (Cohiba, Julieta y Romeo, Upman cigars etc.), Cuban Rums aged up to twenty five years, Organic Coffee and many other specialty products, under the name of www.oferex.com and a bidding platform for antiques and art from the four regions of America under www.offer4u.com
10. www.piratas-resort.com has been updated; the audience may check the webpage for details. The project will have its first phase completed by 01 January 2015 located at the entrance of the Cienfuegos Bay, in the Province of Cienfuegos, Republic of Cuba. The Pentapolis on the Ocean will be the first theme park in the history of the Republic of Cuba and will be developed through a Joint Collaboration Venture with a Cuban Government entity and Port Sae Productions, Sociedad Anonima that soon will open for bidding twenty five percent of their common shares to concessionaires interested in participating. More details can be adquire: In person, by email or telephone. Contact Grupo PANAMERSA. At [e-mail]
11. Cruceros del Caribe, S.A. has been incorporated with a mixed Board of Directors from all four regions of America. The project will be operational by December 2009, servicing Jamaica, Dominican Republic, Puerto Rico and Cuba. Once the Piratas Resort opens a stop will be created there along the cruises' trajectories.
12. The Panama Canal continues to go forward - the earth company company Constructura Urbana S.A. (CUSA) continues to remove gravel and rock has subcontracted to other companies in Central America, Santa Fe, M&S, MECO there are other smaller subcontracts. All this information can be obtained from the ACP (Autoridad Canal de Panama)
13. Las Huacas de Boquete is proceeding under Tony Fergo’s direction, it is a long term project…an auxiliary city to Boquete…Grupo PANAMERSA chose a passive role in this great project
14. The eco-securities Rancho el Laurel is an ongoing project to help mankind become carbon neutral and to delay global warming…GE Capital through BAC San Jose began a campaign to achieve carbon neutrality…
15. Refugio de Vida Silvestre Privado COROBICI…we are presently entertaining an offer from a large eco-group interested in developing the project…if we are successful in our negotiations, all PDRcorobici holders will appraise in value and the PDRs could be negotiated/or sold. EcoPark del Pacifico has been renamed by the founders to JATROPHA Park del pacifico www.jatrophapark.com. This bio-fuels theme park has begun development. More will be forthcoming as soon as I get updated this week in Costa Rica.



There are more issues that could be informed about Grupo PANAMERSA and its delegations in all regions of America. We will continue to move forward our business plan and create value to all PDR holders, Shareholders, beneficiaries and associates.

For questions…Please free to call our toll free number, send us an email or come to visit.

Emails should be sent to:

[e-mail] [e-mail]
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Best regards to all Pan Americans,
Pedro Borges Fiol
Managing Director
Grupo PANAMERSA

17 August, 2008


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