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"That's hot!!" -- Paris Hilton
Nice post midas,
words to live by....
Hi Phil,
I KNOW you're right about that. I don't think anyone thought that this company would be at this PPS for this long, including me.
But, this opportunity has more bags than a grocery store!
You might be able to move on to another winner, and string a few together, but will you have as many bags as if you stayed here and waited?
"They pay us to wait" - Warren Buffett
i've been hearing another 6-8 months for the last 6-8 months.
Should be any day now then shouldn't it??
Sell now, slit wrists later.
It takes no "understanding" or "intelligence" to mount baseless attacks. Bring back the A-team bashers - at least they were intellectually stimulating.
lol, getting close! Not trying to throw numbers out there, but my point is that Scottrade will get you if you make large $$$ trades. It's the one thing that I don't like about Scottrade when trading pennies, but everything else about them, I like alot.
You will if you make $10,000 trades.
Misery DOESN'T love the company.
Bolivarian Alternative for the Americas
http://en.wikipedia.org/wiki/Bolivarian_Alternative_for_the_Americas
This is not the the same as PANAMERICANISM.
PANAMERICANISM is a philosophy that promotes the commercial integration of the Western Hemisphere, Pan America...NOT JUST Latin America
Link to the Ahorro Corporación
http://tinyurl.com/29ynvw
Port Sae Presidente: Jorge Giménez i Huguet
Ahorro Corporación División Internacional.: José Antonio Frej
Ahorro Corporación Mercados Capitales.: Miguel Cabetas
Ministro de la Presidencia: Ubaldino Real (http://www.presidencia.gob.pa/gabinete.php)
Panamersa Ass. Presidente: Adrián Gonzáles Castro
Asamblea Nacional / Panamersa: Héctor B. Alemán E
Gracias mi amigo.
Linky??
If you go to http://haciendacienfuegos.com/contacto.html and use your browser to view the code, you'll see that the contact form is set to send the results to:
pborges@grupopanamericano.com - Pedro
I tried that domain, but access is forbidden
Followed some links and found these interesting URLs
http://www.comite-gestor.com/ (Translation: Managing Committee)
http://www.comite-gestor.com/A010_PresentacionB/001OrganigramaB.htm
http://www.gestion-interactiva.com/ (Translation: Interactive Management)
http://www.gestion-interactiva.com/C0000_INMOBILIARIA/index.htm
Mike,
I wouldn't count on seeing the exchange this week. Delays are inevitable, meaning they will happen. Anything else is extraordinary.
I know you are a long, so don't take this as anything more than it is, a statement of caution.
If we do get it this week, and it is good, then so much the better, but in this scenario, it is much better to be surprised than to set yourself up for dissapointment.
IMO.
Bolivarian Alternative for the Americas
http://en.wikipedia.org/wiki/Bolivarian_Alternative_for_the_Americas
The Bolivarian Alternative for the Americas (Spanish: Alternativa Bolivariana para las Américas or ALBA - which also means 'dawn' in Spanish) is an international cooperation organization based upon the idea of social, political, and economic integration between the countries of Latin America and the Caribbean.
The agreement was initally proposed by the government of Venezuela as an alternative to the Free Trade Area of the Americas (FTAA or ALCA in Spanish) proposed by the United States. While the ALBA itself has not yet become a hemispheric-wide trade agreement, Venezuela, Cuba, Nicaragua and Bolivia have entered into a Peoples' Trade Agreement (Spanish: "Tratado de Comercio de los Pueblos" - TCP) which aims to implement the principles of ALBA between those four nations.
Map of participants in the TCPThe adjective Bolivarian refers to general Simón Bolívar, who is revered as a hero throughout much of Latin America for his leadership of independence movements in South America against Spanish colonial power. In addition, Bolívar is a major figure in Venezuelan President Hugo Chávez's hemispheric ideology Bolivarianism.
Unlike neoliberal free trade agreements, the ALBA represents an attempt at regional economic integration that is not based primarily on trade liberalization but on a vision of social welfare and mutual economic aid.
The Cuba-Venezuela Agreement [1], which was signed on December 14, 2004 by Presidents Hugo Chávez and Fidel Castro. The agreement was aimed at the exchange of medical resources and petroleum between both nations. Venezuela delivers about 96,000 barrels of oil per day from its state-owned petroleum operations to Cuba at very favorable prices and Cuba in exchange sent 20,000 state-employed medical staff and thousands of teachers to Venezuela's slums.
President Evo Morales of poor but gas-rich Bolivia joined the TCP on April 29, 2006, only days before he announced his intention to nationalize Bolivia's hydrocarbon assets.[2] Newly elected President Daniel Ortega of Nicaragua, signed the agreement in January 2007;[3] Venezuela agreed to forgive Nicaragua's $31 million debt as a result. On February 23, 2007 Ortega visited Caracas to solidify Nicaragua's participation in ALBA.[4]. Rafael Correa, the president of Ecuador, signed a joint agreement with Hugo Chávez, to become a member of ALBA once he becomes president.[5]
Proposals have been made to the Puerto Rican government through radio, to join in a way or another the ALBA, offering cheap oil for the archipiélago's Autoridad de Energía Eléctrica, or the government's Electric Company.[citation needed]
Prime Minister of Antigua and Barbuda Baldwin Spencer has hailed the signing of the trade agreement with Venezuela as a significant historical milestone in relations between the Caribbean and Latin America. He along with the Prime Ministers of Dominica and St. Vincent and the Grenadines signed onto ALBA.
http://en.wikipedia.org/wiki/Bolivarian_Alternative_for_the_Americas
The Pan América Evolution
http://www.alianza-iberoamericana.com/PBF/00PBF/ThePanAmericanEvolution.htm
“Known as Pan Americanism: a philosophy promoting “a sense of belonging” as the common denominator to assist the commercial integration of Latin America into the economic development of the Western Hemisphere” ¹
XVIII & XIX Century
Ø Libertador Simón Bolívar, (1783-1830) Founder
XX Century
Ø Day of Pan Americanism, (14.04.1930)
Ø Franklin Delano Roosevelt a policy of determined cordiality toward Latin America—the “Good Neighbor” policy—bore fruit. (1933)
Ø Operation Pan-América, (1959)*
Ø Pan American Centurions (PAC) ³
Ø Omar Torrijos a Pan American reformist, repatriated the Panamá Canal, “Post Mortem”
Ø Pan América, S.A., PANAMERSA, (1976)²
Ø Sociedad Panamericana de Finanzas S.A. PANAFIN, (1982)
XXI Century
Ø Fundación Pan América (2006)
Ø PDR (Pan American Depository Receipt) (1982) (2006)
Ø Pan América Sociedad Anónima (MMVII) PANAMERSA, (17.01.2007)
Ø Magna Carta PANAMERSA (17.01.2007)
Ø PANAMERSA Corporation, (PK:pnms) (2007)
Ø PDR Exchange (Panama), INC. (01.05.2007)
Ø www.panamersa.com, www.panamersa.net
Ø From the beginning Pan Americanism has been evolving and today becomes a way of Pan American development, through the commercial integration of Latin America, into the economic development of the Western Hemisphere. (07.05.2007)
*AN Aide Mémoire Sent by the Government of Brazil to Governments of Other American States, August 9, 1958
I. DEFINITION AND OBJECTIVES
The Brazilian Government considers that a clearer definition of the objectives of Operation Pan America is necessary in order that this movement, which has been initiated at the right time and under the best auspices, may not be impaired or lose its impact.
A. General definition: Operation Pan America is not an undertaking limited by time, with objectives to be attained in a short period; rather, it is a reorientation of hemispheric policy, intended to place Latin America, by a process of full appraisement, In a position to participate more effectively in the defense of the West, with a growing sense of Vitality and a greater development of its capacities. Thus, Operation Pan America is more than a mere program; it is an entire policy.
B. Strategic political concept: Operation Pan America must be understood as a corollary of the general strategy of the West, and among its fundamental purposes the following are particularly outstanding: preservation of the democratic system, based on political and religious freedom and on respect for private ownership and free enterprise, and the defense of all areas that concern the security of the free world. Because of its intrinsic, political, economic, social and strategic importance, and because "a threat to the peace in any part of the world is now a threat to the peace of the entire world," it Is opportune to re-examine, with a view to strengthening it, the contribution to the resources of the free world that may be made by the nations that are signatories of the Treaty of Rio de Janeiro.
C. Economic concept: The more rapid development of Latin America's economic strength will result in a growing sense of vitality and will enable it to increase its contribution to the defense of the West.
II. CHARACTERISTICS
A. Joint multilateral action: Operation Pan America is conceived as involving the joint action of the twenty-one republics of the Western Hemisphere, the preservation of its strictly multilateral nature being indispensable. Bilateral matters will continue to be handled through the channels normally followed in such cases, without becoming part of the aforesaid Operation.
B. Struggle for democracy: Within the framework of Operation Pan America, the struggle for democracy becomes identified with the struggle against stagnation and underdevelopment. The underdevelopment that prevails in this Hemisphere morally and materially involves the cause that we are defending. Underdeveloped areas are open to the penetration of antidemocratic ideology. From many standpoints and in all of its implications, the battle of the West is the battle for development. Materialist ideologies feed upon the poverty and misery that gives rise to them in the first place; to combat these factors is the only sure way to combat those ideologies. Where there is poverty, our cause will always be in danger. It is illusory to expect positive action on behalf of a cause embracing such complex factors from peoples whose isolation in the rigors of extreme poverty prevents them from thinking or feeling anything beyond the narrow limits of their urgent needs for survival.
C. Latin America's participation in world policy: According to the Brazilian concept, Operation Pan America is a reflection of the need for more active and more vigorous participation and cooperation by the Latin American countries in international policy, and it reveals these countries' full awareness of their moral, political, and demographic importance. Latin America's contribution may become highly significant in the struggle for a balance of power.
III. WESTERN POSTWAR POLICY
A. Inter-American political reorientation: The Brazilian Government believes that the time has come for a revision of inter-American policy, with a view to strengthening hemispheric unity in the face of the increasing common danger. A stronger, more courageous, creative, and dynamic initiative is urgently needed in the Western Hemisphere at this time.
It is imperative that the West become ever more conscious of its mission in the modern world. The principal objective of this mission is to defend and to perfect man's spiritual and moral achievements. Spiritual and moral forces should be the ones to guide and regulate a world expanded and profoundly transformed by technology. This is what is important to the West; this is its own Cause.
B. Economic reorientation of Pan Americanism: The reasons for under development are many and complex. One could not in good faith fix responsibility for Latin America's chronic anemic condition and the consequent organic weakening of Pan Americanism. Although it is understood that efforts toward economic development devolve primarily upon each country individually,, it is now understood better than ever before that there must be cooperation on international bases.
IV. THE OPERATION'S COURSE OF ACTION
A. Advance preparation: The Brazilian Government wishes to clarify the fact that it was never its intention or plan to hold a conference of American Chiefs of State without the most careful advance preparation. Furthermore, the Brazilian Government is riot committed to any, rigid plans for carrying out the Operation in question, and it believes that only after a series of contacts and consultations among the countries of our community will it be possible to make a definitive determination of the best methods for achieving the common objective.
B. Preliminary inquiries: The Brazilian Government would now be willing to assume responsibility for making diplomatic inquiries with a view to the preparation of a basic agenda and toward ascertaining whether the American governments would agree with the idea of reaching informal understanding and carrying out preliminary. negotiations in Washington through the embassies accredited to the Government of the United States.
C. Initiation of the Operation: The preparatory work could bc done at the diplomatic or technical level, and it is anticipated that the participation by members of the delegations accredited to the Organization of American States would be desirable. These informal understandings would become more clearly defined and bc better coordinated if a Committee of Twenty-one were created. Brazil does not wish to propose ans. date, but nonetheless it does state that it would be ready to begin its work in the said committee during the latter part of September.
D. High-level meeting: Once the bases for an agreement have been established and significant results obtained that might be looked upon as substantial progress, then the competent organs of the Organization of American States could study the idea of a high-level meeting among the republics of the Hemisphere to approve and to sign that group of resolutions and proclamations that could become the plan of action for achieving Pan American unity; among these would be included, with special emphasis, the preparation of dynamic and progressive program for the struggle against underdevelopment, and this would be the crowning feature of Operation Pan America.
V. BASIC OBJECTIVES OF THE OPERATION
The following points might be the basic objectives of the Operation:
1. Reaffirmation of the principles of hemispheric solidarity;
2. Recognition of underdevelopment as a problem of common interest;
3. Adaptation of inter-American organs and agencies, if necessary, to the requirements of more dynamic action to carry on the struggle against underdevelopment;
4. Technical assistance for increased productivity;
5. Measures to stabilize the market for basic commodities;
6. Adaptation to present needs and expansion of the resources of international financial institutions;
7. Reaffirmation of private initiative in the struggle against underdevelopment; and
8. Revision by each country, where necessary, of its fiscal and economic policy, for the purpose of assuring means to promote economic development.
--------------------------------------------------------------------------------
Source: from Council of the Organization of American States, Special Committee to Study the Formulation of New Measures for Economic Cooperation, Volume L Report and Documents, First Meeting, Washington, D.C., November 17-December 12, 1958 (Washington, D.C.: 1959), pp. 29-31.
¹ P.B.F. MBA
² P.B.F. Thesis for MBA
³ A Pan American Story
Bank of the South ( Banco del Sur ) - See http://www.alianza-iberoamericana.com/
http://en.wikipedia.org/wiki/Bank_of_the_South
The Bank of the South (Spanish: Banco del Sur) is a monetary fund and lending organization devised by Venezuelan President Hugo Chávez. The intention of the bank is to lend money to Latin American nations for the construction of social programs and infrastructure. It is scheduled to begin operation by June 2007.
Contents [hide]
1 Plans and Involvement
2 Current Success
3 See Also
4 Sources
[edit] Plans and Involvement
The ultimate goal of the Bank of the South is to include every nation within the region of Latin America, from Mexico to Argentina. The program would lend money to any nation involved in the construction of approved programs.
The first planned mission for which funds are to be donated is an 8,000-kilometer gas pipeline from Venezuela to Argentina, to run through Brazil and Bolivia. The pipeline would cost a tremendous amount of time and money, and as such the Bank of the South would be required to raise large amounts from all involved nations.
The Bank is intended as an alternative to borrowing from the IMF and the World Bank and relies upon the unpopularity of those institutions in Latin America. Hugo Chávez has promised to withdraw from the IMF and encourages other member states to do so as well. It is proposed that all member countries contribute fairly equal shares to the Bank's initial capital (300 to 500 million dollars) so that no member state will control a dominant share.
One of the primary obstacles that the Bank will face will be the reconciliation of its stance against American influence and Brazil's close economic and political relationship with the USA. Brazil is one of the largest and most influential economies in Latin America.
[edit] Current Success
Venezuela, as the originator of the idea, will be involved upon the organization's inception. The other nations of the Bolivarian Alternative for the Americas - Cuba, Bolivia, Nicaragua, and Ecuador - as well as Argentina, are likely to participate. In April 2007, Brazil promised to donate a large amount of funding as well.
[edit] See Also
Bolivarian Alternative for the Americas
Mercosur
Telesur
Bolivarianism
Bolivarian Revolution
One of those pillars is Corporacion Desarrollo Panamericano
That is the company owned by the President of Panama's Father in law, Antonio Fernandez.
:)
AWESOME!!
Gettin' better every day!
GO PEDRO GO!!
Nice catch KQ,
I'd thought I'd post some of itit on the board -
Pedro Borges Fiol - Panamersa Corporation Board of Directors and Director President
A Pan American story
Pedro Borges Fiol, a Costa Rican citizen, holds a Master in Business Science Degree in Financial Products. Pedro’s graduating thesis 1976 was in essence “The Commercial Integrations of Latin America into the Economic Development of Pan America (The Western Hemisphere)”.
His past is much protected; he was born in Cienfuegos, Cuba was baptized Pedro Adrián de la Caridad Borges Fiol, the birth registry shows his father as Pedro Robustiano Borges de León Cuesta and his mother as Carmen Esperanza Fiol Capetillo Ercilla. Pedro grew up in the revolutionaries’ times of the 50´s and 60´s. He attended a U.S. military academy in the 50´s, prior to 1976 Pedro (aka: Pedrín, Max, Condorito, el Panamericano) worked very close within the Pan American region referred to as: America I, II, III & IV. He wrote the A/P, formed & integrated a Spartan styled group known as: The Pan American Centurions (PAC), to improve unrestricted interlocution amongst the different intelligent & security directorates for the purpose of developing a sense of belonging during uncertain times and avoid confrontation within the Americas. The group was never recognized by governments and until today is unknown to the public.
During those times Pedro forged his Pan American philosophy from General Simon Bolivar memoirs, The Great Colombia Liberator and the Founder of Pan Americanism of the XIX century, along many others in the XVIII, XIX & XX centuries. Later Pedro emerged as an MBA with a thesis to assist the commercial integration of Latin America. He became an informal friend of General Omar Torrijos and shared his dreams about social responsibility in Pan America and Panama’s main role in the commercial integration, once the Panamá Canal was repatriated and the Panamanian people achieved sovereignty over its entire territory, a unified country under the same flag, whereby Panamanian people would have full control over their Country. The Panama Canal was repatriated by the year 2000. General Torrijos dreams came through 19 years after his death.
For the last 30 years, Pedro has been a militant and promoter of Pan-Americanism; which establishes that: the sense of belonging is the common denominator for equitable commercial integration and economic development, and the only solution to Latin America’s survival in our globalizing economies. His business career has been in banking and finance with operations hubs in the Republic of Panama, the Pan American Banking Center and Costa Rica, the Pan American Service Center.
During 2006, 30 years from the beginning of Pan America, S.A., PANAMERSA, Pedro constituted Fundación Pan América (“FPA”) as a private interest foundation in accordance with law 25 of the 25th of June 1995 of the Republic of Panama, which; legally authorizes “FPA” to act as a depository for any type of real or financial assets and to hold such assets in safekeeping on behalf of and for the benefit, of its beneficiary’s which may be legal entities or natural persons and government entities in good standing.
On the 17th of January 2007 he restructured PANAMERSA, as an operating company of “FPA” and wrote what he refers to as: La Carta Magna, which constituted Pan America Sociedad Anónima (MMVII) PANAMERSA, that establishes a Pan American coalition of Sovereign Nations described as: América I: Cuba & Caribbean.
América II: Canadá, United States of America & Mexico.
América III: Guatemala, Belice, Honduras, El Salvador, Nicaragua, Costa Rica & Panamá.
América IV: Venezuela, Brasil, Argentina, Uruguay, Paraguay, Bolivia, Chile, Perú, Ecuador & Colombia.
This coalition will assist the Latin American commercial integration policies and will venture into the Capital markets in the USA, to carry on the Pan American economic development. A public company known as Pay Pro, Inc., evolved into PANAMERSA Corporation (PK: pnms), to become in the future a trading company under NASDAG in the USA and the rest of the World.
On the 1st of May 2007 the PDR Exchange (Panama), Inc. was incorporated in Panama as an operating company of “FPA” to operate a PDR Exchange totally electronic in alliance with DESIMPLEX a technology company specialized in Banking and Finance software’s and others. This would allow a controlled PDR (Pan American Depository Receipt) trading platform fully electronic on line 24/7 and to offer an additional vehicle towards LATAM Commercial Integration.
Pedro Is fully committed to carry on this Pan America evolution reality to success for all Pan Americans.
Sources: 1944 – 2006 Cienfuegos Municipal Archives; the Catholic Church Archives; the Jesuits Memoirs.
Also, the Governments of. USA, Cuba, Venezuela, Bolivia, Colombia, Ecuador, Panamá, Costa Rica & Nicaragua.
1976
1986
1996
2006
2007
Personal quotes:
"History can not be written by persons, Truth should write it...
Pan Americanism is sustained social responsibility in the XXI Century...
Doctrines are mankind weaknesses, intellect is their strength...
We are all created equal but not the same...
The smart live off the dumbest work...
Protecting our forests we perpetuate mankind...
The safe way to store our resources is in the ground...it’s free...
We do not own it, we use it...
The day I die, I will be free from my own chains..."
If the market was always right, then there would be no such thing as an undervalued company.
Ludicrous statement.
IMPORTANT - READ THIS!!
YOU WILL NEED A PASSPORT TO OPEN AN ACCOUNT ON PDREXCHANGE.COM!
http://travel.state.gov/passport/get/first/first_832.html
international offshore drilling = OIL!!!
OT: PNMS is the pink sheet stock equivalent of this vehicle.
PNMS is to pink sheet stocks as this vehicle is to land travel.
LOL!! Slice 'em and dice 'em DS!!!
Thanks again for you posts.
Educational, inspirational, refreshing, and fun!!!
LOS
REPOST -
They have decided to buy back on the PDR Exchange, and pay more money for each share for two main reasons, imo:
1. They are guaranteed to have spent their money on REAL shares that are in cert form.
2. They are assisting in the jumpstart of an exchange that is projected to make them $271 million over the next five years. - Surely, you can agree that giving this exchange a jump start would be worth a lot of money to them.
So, the difference between buying back 1 billion shares at .0012 (which wouldn't even have been possible - not enough liquidity at that price) and buying back 1 billion shares at .01 (which is infinitely more likely to happen) would be - MATH BREAK - $8.8 million.
So, it breaks down to an $8.8 million dollar decision (worst case scenario) --- $8.8 million to make sure that they're paying for real shares, and most of all to help fertilize their new exchange that will pay that $8.8 million back within the first quarter of operation.
IMO.
L2 anyone?
Israel is a nation on the move, building on the momentum of two noteworthy events in 2006. First, Warren Buffett looked to Israel for his first-ever overseas acquisition. Following Buffett’s investment and positive reports from international credit agencies and the IMF, the year culminated with the historic announcement that Israel would become only the second country to have a separate index on the NASDAQ exchange.
This remarkable resurgence was due in part to Israel Bonds. The Bonds organization has played a substantive role in helping to make Israel a global center of ingenuity and innovation. We are providing the means to help build the infrastructure necessary to support Israel’s flourishing hi-tech sector and substantially increase its export potential.
As always Israel Bonds is doing this in a competitive, cost-effective manner.
We are far less expensive for Israel than any other source of international funding. Israel in turn has never missed a payment on principal or interest, not even by a single day.
As a continuation of our dependability, the Bonds organization has introduced new securities for 2007. We are confident this portfolio will enable us to build on the legacy of achievement that has been the hallmark of Israel Bonds since its inception. I encourage your participation in this remarkable success story.
http://www.israelbonds.com/matzamessage.html
Looks like Pec got a week of vacation from PNMS - check the ban list.
or... more appropriately... WE got a week of vacation.
BTW Thanks KQ for the DD on Omar, Jr. - NICE to run in the circles with the big dawgs.
One of Panamersa's newest additions:
El Bono Pan American, offering Pan American bonds through the exchange similar to Israel bonds.
http://www.israelbonds.com/
http://www.israelbonds.com/aboutus.html
Since its inception, Israel Bonds has provided funding for a vast array of funding in key economic sectors, including:
High-tech
Agriculture
Transportation
Communications
Import/Export
Energy
Water resources
You can see how the Bonds that Panamersa has proposed to sell on the PDR exchange will help them achieve their missions statement.
"Through strong partnerships with governments, foundations and some of the best companies in the world, PANAMERSA Corporation supports sophisticated infrastructure projects in emerging markets in a way that both enhances and protects the natural habitat."
LOL :)
I wouldn't be surprised to see $50M or more at the rate the revenue has been increasing. At this rate, someday we may see a PR like this from MT:
"I am happy to announce for the 1st Quarter 2010 Panamersa Corp earned $500M. I am amazed our stock remains undervalued. At .001 the market cap remains at just $5.6M which equates to the amount of money our company generates in revenue in just one business day."
PNMS longs, flippers, and fans,
Many of the shortcomings of the company in the past have come from mentioning time tables, either formally or informally. This board, however, has been guilty of grabbing onto any timetable, no matter how lightly mentioned, and instilling it as the absolute hard deadline.
I think we should all begin to be a little more understanding of the scope of what is being attempted here. I myself would not be surprised if the Beta testing uncovered a few things that the company will decide to fix first, instead of take live as is. If this is the case, it will most likely delay the launch a bit.
I would much rather the company take their time, and put all their ducks in a row, make sure that the software is bullet-proof and ready to impress, etc.... -- BEFORE they let anyone have a look at the public product.
So, next week - PLEASE don't clutter this board with posts like:
"PR today maybe?? if so, to da moon"
"It's Tuesday already, where's the exchange?"
"MT is a liar because it's Thursday and nothing yet!"
"It's Friday, and I'm loading my revolver - come 4pm, I'm flippin' out!!!"
Bashers will seize any delay to call MT a liar and the company a scam. Be prepared for this. Call the company and talk to someone there, or email them if you need a shot of confidence to get you through this next little bit.
IMO.
Thank you sir,
Hector Aleman, Panamersa BOD, second from the left
Director Assistant to President: Adrian Gonzalez Castro, fourth from the left
Port Sae President, Jorge Giménez i Huguet, all the way to the right.
http://tinyurl.com/2ltkce
Another picture that same day --
http://tinyurl.com/2l7o75
These pictures taken THREE DAYS AGO.
Yeah!! I like the looks of that Adrián Gonzáles Castro - Director Assistant to President, Panamersa - http://www.port-sae.com/J0010_MEDIOS_DIARIO_ABORDO/L2000_DiarioABordoGallery/20070522PNM_2ViceMinist...
He looks like a real go getter.
Looks like PORT SAE is continually making progress.
These things don't happen overnight.
Of course, you could also ask the same questions of the US market. LOL
how will you know that the pps and trades being displayed are real? How will we be able to validate this?
FTG,
I agree with you there. There will have to be some sort of validation, auditing, oversight, etc...
This is absolutely a valid question - I'm sure the company has considered this. We'll just have to be patient and find out what the future has in store.
Born on Monday, January 08, 2007
Number of posts - 66
People marked by - 0
All posts about Panamersa
Here to save us.
Thanks,
They have decided to buy back on the PDR Exchange, and pay more money for each share for two main reasons, imo:
1. They are guaranteed to have spent their money on REAL shares that are in cert form.
2. They are assisting in the jumpstart of an exchange that is projected to make them $271 million over the next five years.
So, if the difference between buying back 1 billion shares at .0012 (which wouldn't even have been possible - not enough liquidity at that price) and buying back 1 billion shares at .01 (which is infinitely more likely to happen) would be - MATH BREAK - $8.8 million.
So, it breaks down to an $8.8 million dollar decision (worst case scenario) --- $8.8 million to make sure that they're paying for real shares, and most of all to help fertilize their new exchange that will pay that $8.8 million back within the first quarter of operation.
IMO.
No probs here - still down for you?