Number 12 on IHUBs most read list today.

Lurkers are waiting for resolutions and revelations.

Then we go up fast.

This is the bottom - get in now, and make more money folks!

Once this thing gets rolling, I have a feeling that MT and the boys have plenty of ammunition to drive it forward into May and audited financials.

NEW INVESTORS TAKE NOTE.

Do your DD and be very happy to get into PYPR at these levels.

Everyone on this board envies you.

Hey,

learned a new trick!

F5

Yep, nice find.

Sorry to point out that it all seems a little messed up.

Free day in San Jose while in Panama?

Free day in Panama Beach while in CR?

Love the company, but they do need to hire a proof reader.

I can be bought.

Drugs.

"Our 'Modus Operandi' is very innovative, maybe it is not understood...it is for educated investors. "

Best regards.

Pedro Borges Fiol

In addition to me, snickerke, CIDD, CoolHand, and several others here have done extensive DD and we have put together a few things that others miss.

and still missing...if they just would read what we have posted in the last couple of weeks....and before..


Thanks to all those who are, and continue to do DD.

Don't work too hard Snick -

Hey all - wanna hear something funny.

Sold some silver today for PYPR Powder.

There will always be complaints about something.

That fact will never change.

I like this part of the Magna Carta the best

"Panamersa Corporation which is a Public Company in the United States of North America, incorporated in the Nevada State, and which acts as our representative in the Capital Markets in the USA and the rest of the World

Yes, it makes sense.

It's the way I've felt for a while.

It's obvious they are not just touting smoke and mirrors.

They don't need to work overtime to convince us of what's behind the curtain is big.

They know what's behind the curtain is huge, and when that curtain is opened, they will never have to endure petty doubts again.

Soon.

Panamersa Magna Carta also posted on panamersa.net

http://www.panamersa.net/panamersa_magna_carta.htm

Sorry guys - Don't think Actel is (Nasdaq) is the same company

Actel Corporation engages in the design, development, and marketing of field programmable gate arrays (FPGAs), programmable system chips (PSCs), and supporting products and services worldwide. Its products and services include mixed-signal fusion PSCs based on flash technology, reprogrammable FPGAs based on Flash technology; one-time programmable FPGAs based on antifuse technology; and high-reliability FPGAs. The company?s FPGAs and PSCs are used by manufacturers of automotive, communications, computer, consumer, industrial, military and aerospace, and other electronic systems. It also offers intellectual property products; design and development software; programming hardware; debugging tool kits and demonstration boards; system design, online prototyping, and programming services; and a Web-based resource center. The company sells its products through direct sales force, independent sales representatives, and electronics distributors. Actel Corporation was incorporated in 1985 and is based in Mountain View, California.

Actel/Aikete Limited

About Us

Our company is specialized in recycling mine waste and extract pgm. We also import used tire chips for alternative fuel to be used in cement furnaces, refinery furnaces, and iron, copper melting furnaces, since the fire will reach a real high temperature in a minimum of time with a considerable saving compared to coal. We also import plastic chips to produce new plastic bottles.

IN one word we are a GREEN company involved in recycling and alternative energy



Company Profile
Company Name: Actel/Aikete Limited
Country/Territory: Hong Kong
Address: Exchange Square Ii #3900, Hong Kong
Products/Services We Offer: Pgm, scrap metals, tires, plastics, alternative fuel
Business Type: Other
Industry Focus: Non-ferrous Metal , Metal Waste , Coatings , Catalysts ,
Geographic Markets: Southeast Asia
No. of Employees: 5 - 10 People
Annual Sales Range (USD): US$2.5 Million - US$5 Million
Year Established: 1998
Legal Representative/CEO: ma shu hua

More bad news for Shorts



http://www.dtc.org/impNtc/ope/ope_0872-07.pdf

Important Information – Automated Recall Messaging System (ARMS)
Adoption Nears

The industry-wide adoption of the Automated Recall Messaging System (ARMS) initiative is
scheduled for February 5, 2007. This system, built in 2003, provides for the electronic messaging
of securities lending recalls and will eliminate the paper intensive fax-based process employed by
agent banks and broker-dealers since the 1970’s. Although currently available today, ARMS has
been used primarily amongst broker-dealers within the same vendor system (SunGard's Loanet
and/or Equilend).

In recent years, increased scrutiny of the securities lending business by regulators has focused on
accurate record keeping (Agent Lending Disclosure) and timely buy-ins of fails (Regulation
SHO). With this in mind, industry-wide implementation of ARMS to stay ahead of the regulatory
review process is logical, timely, and achievable. Transmitting recalls via ARMS creates an
electronic audit trail for agent banks and broker-dealers either at the user's vendor or DTCC,
which houses the message hub for all non-intra-vendor recall messages.

To facilitate its rollout, an industry lead committee of lenders (agent banks) and borrowers
(broker-dealers) has been meeting since August in an effort to advise the lenders and borrowers
on how to get started using ARMS. All firms transacting in Securities Lending are urged to
enable their vendor or proprietary systems for ARMS and to contact DTCC to sign up to
activate their mailbox in DTCC's messaging hub.

For more information on ARMS, or to be added to the industry-wide working group please
contact: Joseph Graziano, JP Morgan – 212-623-8781
Irving Klubeck, Pershing LLC – 201-413-4045

SIFMA contact: John Panchery at: 212-618-0537

Nice Snick.

BIG MISTAKE.

YOUR IMPATIENCE WILL COST YOU $$$$$

GO BULLS!!!

Always root for the BULLS!!!

I only know I-64 from Charleston to the Teay's Valley exit (35? or 32?)

My wife is from Cincinnati, so we hit I-77 to I-64 to 35 heading from NC to OH.

Whether Global warming is real or not, the fact remains that politicians are going to use it as a tool to grab profits from large corps (virtual taxes) and redistribute them into conservation programs (we hope).

Panamersa is positioning to maximize it's profits from these moves.

You talkin' about Tamarack?

or, equivalent - stops on the WV toll road section of I-77?

Yep 4G,

I thought that a few "reminder" DD posts were in order for both longs and prospective investors.

Also, for any of you who are complaining about the PPS, you should be spending your time doing DD. This is much more productive since you will either be reassured or you will find evidence to back up your assertions.

Thanks to all of you out there who have kept a level head throughout this period.

GLTA,

Naked Shorters Beware!!

http://biz.yahoo.com/prnews/070202/laf041.html?.v=83

Overstock.com Announces Lawsuit Against Prime Brokers

Friday February 2, 4:20 pm ET

Seeks $3.48 Billion in Damages

SALT LAKE CITY, Feb. 2 /PRNewswire-FirstCall/ -- Overstock.com, Inc. (Nasdaq: OSTK - News) announced today that it has filed a lawsuit in the Superior Court of California, County of San Francisco against Morgan Stanley & Co. Incorporated, Goldman Sachs & Co., Bear Stearns Companies, Inc., Bank of America Securities LLC, Bank of New York, Citigroup Inc., Credit Suisse (USA) Inc., Deutsche Bank Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith, Inc., UBS Financial Services, Inc., and others. Certain shareholders of the company have joined Overstock.com in the suit.

International tenders soon for Panama Canal expansion

http://www.businesspanama.com/latestnews/article.php?nid=236

2007-01-09

Ciob International

In a referendum the people of the Republic of Panama have voted 78% in favour President Martin Torrijos’ plans to start work this year on ambitious expansion plans for the famous Panama Canal.

Via the newly opened Panama Maritime Office in Kuala Lumpur came the news that international tenders are to be invited soon for the initial stages of the canal expansion works, based on an overall budgetary estimate of US$5.2 billion.

This has not been confirmed by the Panama Canal Authority, but at the opening of the new liaison office, Panama’s ambassador to Malaysia, David Guardia Varela, said that the project was due to start this month and would take about eight years to complete.

Speaking in London just after the result of the referendum became known, the canal’s administrator Alberto Alemán Zubieta said he expected that work on the expansion project would start in 2007.

Initial works will comprise dry excavation and dredging, which later on will include the scheme to deepen the Gatun Lake about midway in the canal route.

In December Mr. Zubieta was awarded the highest distinction that France can bestow – the Légion d’Honneur – in recognition of his successful management of the waterway.

The Panama Canal has French connections going back to the 19th century. It was commenced in 1883 under the guidance of Ferdinand de Lesseps but was completed in 1914 by the U.S. Corps of Army Engineers after the de Lesseps venture suffered a financial collapse.

Now the French President Jacques Chirac accompanied by a high level delegation is due to visit Panama in March for discussions on ‘commercial issues’.

Design work on the Pacific side of the canal is in the hands of Consorcio Post-Panamax. Currently the consortium, led by Tractabel of Belgium in association with Compagnie Nationale du Rhone (CNR), is working on a contract to harmonise conceptual designs for the locks at both ends of the 82-kilometre canal.

Conceptual design on the Atlantic side was given to the U.S. Army Corps of Engineers. The best elements from each of the two concepts are being taken up in the search for a standardised design for both.

PCA says the construction cost for the third set of locks has been estimated with rigorous methods of analysis under the guidance of international specialists, among whom were Parsons Brinckerhoff International.

Dimensions of the post-Panamax locks are currently quoted as 61 metres wide and 427m long with 18.3m of clearance. That compares with the existing 33.5m by 305m with 12.5m clearance. The final scope for passage of larger vessels has important implications for ship design and the dimensions may be adjusted better to suit the needs of users.

At an early stage in the project the Panama Canal Authority appointed PB Consult (an infrastructure and financial planning arm of Parsons Brinckerhoff) in association with Montgomery Watson Harza (MWH) as program advisory consultants.

At the time of the award, Michael Schneider, now PB’s executive vice-president, described the job as assisting the canal authority in developing a master plan for the future of the Panama Canal. MWH has an indefinite delivery contract with the PCA covering civil, structural and mechanical engineering, hydroelectric and hydraulic engineering, and architectural design services.

Meanwhile Panama is undergoing a construction boom not seen since the days of building the original canal. Ports, facilities and development of land other than directly related to the canal’s operation have been entrusted to the InterOceanic Region Authority set up some 12 years ago which has responsibility for the urban development of Panama City and the canal zone.

Thousands of hectares of reversionary assets formerly used by the U.S. Army are being offered for development alongside the canal waterway. The land is being managed by ARI (the region authority) whose consent must be sought for development proposals and sale or leasing of land.

Airport expansion - Gateway to Boquete

http://primapanama.blogs.com/_panama_residential_devel/2007/01/expansion_of_th.html#more

EXPANSION OF THE DAVID AIRPORT
THE CIVIL AERONAUTICAL AUTHORITY UNVEILED THE EXPANSION OF THE DAVID AIRPORT

By Tomas Portillo, Prima Panama

It seems that everything is booming in Panama these days, from the planned expansion of the Panama Canal, the extension of the main highway from Tocumen International Airport across Panama City, to the construction of hospitals and roads across the country. Now, the spotlight has turned to the former World War II US Air Force Base, Enrique Malek Airport, in David, the capital of the Chiriqui province and gateway to the growing Boquete highlands area. Although this regional facility was always intended to be an international airport, it wasn’t until 1998 that the airport was upgraded to accommodate a limited number of international arrivals, primarily from Costa Rica. Today, four domestic airlines serve the David airport (Air Panama, Aeroperlas, Aviatur, Mapiex). However, the current facilities in David are proving inadequate to handle the tremendous growth in passenger traffic the airport has experienced over the past few years.

On January 10th, 2007 Gregorio Montecer, Engineer and Advisor to the Director of the Civil Aeronautical Authority, released the results of a 3 year study and unveiled a master plan for a $10 million expansion of the David airport to be completed in phases over the next 8 years.

The first phase, with an initial investment of $2 million over the next 2 years, is already under construction. During this phase, the car rental check-in counters will be relocated to the terminal parking areas, an upgraded air navigational system will be installed, a new fire station will be built, a perimeter fence completed and the current runway will be expanded from 2,100 meters (6,890 feet) to 2,250 meters (7,380 feet). This phase of construction also includes the installation of additional fuel storage capacity.

Upon completion, these upgrades will allow the David airport to accommodate commercial jets as large as a Boeing 737.

Future phases of the project call for the expansion and modernization of the main airport terminal to accommodate larger numbers flight arrivals and departures.

Current Panama law allows the David Airport to be operated under a private concession and compete with other airports in the region like Liberia, Costa Rica, where charter and direct flights come from the United States and Europe. When questioned, Mr. Montecer indicated that “there are two international airlines interested in flying directly to David but require that the airport have the capacity to handle a minimum of 100 passengers per flight”.

Last year, the David airport processed over 100,000 passengers or nearly 40% of Panama’s total domestic passenger air traffic.

David runway extension y airport in 2015

PDR similar to ADR?

I know this has been discussed before, but just wanted to get the discussion going again,

Seems these ADRs function is to allow investment in foreign markets. Panamersa's PDRs are the same, except they allow anyone anywhere to invest in Panamersa.


http://www.adr.com/

ADRs AND ADSs
What is an ADR?

An American Depositary Receipt ("ADR") is a physical certificate evidencing ownership of American Depositary Shares ("ADSs"). The term is often used to refer to the ADSs themselves.

What is an ADS?

An American Depositary Share ("ADS") is a U.S. dollar denominated form of equity ownership in a non-U.S. company. It represents the foreign shares of the company held on deposit by a custodian bank in the company's home country and carries the corporate and economic rights of the foreign shares, subject to the terms specified on the ADR certificate.

One or several ADSs can be represented by a physical ADR certificate. The terms ADR and ADS are often used interchangeably.

ADSs provide U.S. investors with a convenient way to invest in overseas securities and to trade non-U.S. securities in the U.S. ADSs are issued by a depositary bank, such as JPMorgan Chase Bank, N.A. They are traded in the same manner as shares in U.S. companies, on the New York Stock Exchange ("NYSE") and the American Stock Exchange ("AMEX") or quoted on NASDAQ and the over-the-counter ("OTC") market.

Although ADSs are U.S. dollar denominated securities and pay dividends in U.S. dollars, they do not eliminate the currency risk associated with an investment in a non-U.S. company.

What is a GDR?

Global Depositary Receipts ("GDRs") are similar to ADRs but differ in that they allow issuers to raise capital in two or more markets simultaneously, thus broadening their shareholder base. The GDR is generally structured as a combination of a Rule 144A ADR, which trades in the U.S. private placement market, and a public offering outside the United States under Regulation S.

What are the Benefits of Holding ADRs?

ADRs eliminate many of the obstacles of holding non-U.S. securities since they trade and settle according to U.S. market practices, are quoted and traded in dollars and pay dividends in dollars. They eliminate custodian safekeeping charges in the issuer's home country and facilitate prompt dividend payments and corporate action notifications.

What is an ADR Ratio?

The ADR ratio gives the number of foreign shares represented by one ADS. The ratio is typically depicted as, for example, "1 : 3", meaning that one ADSs represents 3 foreign shares. You can find all ADR ratios in our ADR Universe.

How Do I Convert My Foreign Shares Into ADRs and Vice Versa?

You can transfer your foreign shares to JPMorgan's custodian bank in the issuer's home country. Upon receipt of the foreign shares, JPMorgan Chase Bank, N.A. will issue ADRs to you, representing the newly deposited shares. To convert your ADRs back into foreign shares, you should instruct your broker to cancel the ADRs, and provide him or her with complete delivery instructions in the issuer's home country. Refer to Mechanics of issuance and cancellation for a description of how JPMorgan issues and cancels ADRs.

Shares

The term "shares" in these FAQs refers to American Depositary Shares (ADSs), Shares of New York Registry, New York Shares and Global Shares, all of which represent shares of non-U.S. companies that trade in the U.S. stock market.

PANAMER-SA - Pan America Sociedad Anonima

S.A. generally designates corporations in various countries. This translates literally in all languages mentioned as anonymous company or share company and can be differentiated from partnerships and limited liability companies.

In Central America S.A. (Sociedad Anonima)refers to the stricter corporate laws, that allow individuals to form legal corporations without revealing their identity, via the use of bearer bonds.

http://en.wikipedia.org/wiki/S.A._%28corporation%29

Thanks,

already did.

What's a good heavy Belgian beer that we might be able to get over here?

DD - Las Huacas Boquete

http://www.encuentra24.com/clasificados-page-o32578-panama-316-en.html

That's good.

Will be interesting to hear what he has to say.

Easy fellas!

Politics is fun, but PYPR has no affiliation - red or blue.

This is the PYPR Nation.

Where all long term residents are millionaires!

You beat me to it.

I'll let you take it though since you volunteered.

Thanks for all your DD.

I like you too!

Snickers rule!!

A Snickers in Belgium would be even better!

ok?

what's the problem?

Boquete DD -

From Blog - http://primapanama.blogs.com/_panama_residential_devel/2006/11/another_big_pro.html

Another big project for Boquete

Well, the projects in Boquete, Panama real estate just keep on coming. Now we are up to 42 and this ones a "whopper" at $2-3 BILLION. I had expected a large project was coming when a long time friend in Boquete told me they sold his huge family farm last year. Apparently the buyer is a listed company on some penny stock exchange (trading at .0037 per share) involved in E commerce. I would say this is a very different type of developing than they have done in the past. I wish them a lot of good fortune in their endeavor, although they may want to reconsider the name Las Huaces, which means an Indian burial ground. It was a popular cemetary site in pre-Colombian times. Like I always say, more brings more!

PayPro RE Plans 2,300-Acre Panamanian Development
November 01, 2006
By Adam Perrotta, News Writer

PayPro Real Estate Development, a division of e-commerce and e-business firm PayPro Inc., is planning the 2,357-acre Las Huacas de Boquete development project on a mountain peak above Boquete, Chiriqui, Panama. The company, along with partner Desarrollo De Panama S.A., will develop the project in three stages. PayPro CEO Mike Terrell, speaking with CPN today, estimated the total cost of the completed project at between $2 billion and $3 billion. He estimated the ultimate completion of the project to take up to 15 years.

The initial stage of the development will involve dividing the project into seven distinct areas or districts, each with its own unique theme and lifestyle amenities, such as shopping centers, health complexes, mountain homes and condominiums. The initial development will work to preserve the surrounding natural environment. "The main thing is to keep it as ecologically pristine as possible," Terrell said. "We've set aside 628 acres for micro forest, and we're going to leave all the streams and natural elements like that in tact. We're committed to doing this as naturally as possible."

The second phase of the project will entail the creation of a REIT offering 700 participating fiduciary units in the development. At a cost of $100,000 each, the $70 million sale of these units will be applied to the development of a hotel, 36-hole golf course and condominiums.

In the development's third and final stage, each of the seven districts will be sold for additional development. "We will make available the other districts to other developers," said Terrell, "so they can come in and complete their vision, as long as it meets with the master plan and environmental regulations."

According to Terrell, the location, atop a 3,900-foot peak, was chosen for the natural amenities and beautiful scenery. "The location is in the mountains…and the mean temperature is between 50 and 80 degrees throughout the year," he remarked. "You can see the Pacific Ocean, Costa Rica and a volcano on the other side." Terrell expected to draw both people looking for vacation homes as well as retirees to the development.


Comment to the blog::


I am a Boquete guy who now lives in Spain, and will be helping to promote Mr. Terrell project throughout Europe. My company, Riggo Terranova Corp was the intermediary on this transaction, and as Mr. Sam Taliaferro may know, you can buy a property for pennies and turn it into million, and why not, billion dollars projects. A huge example is what is going on here in South Spain, where you can buy a property for 15000000 dollars per hectare (that is 1500 dollars square meter) develop it and make it ten times that price. As an example you may view one of the many projects we are promoting, where you will pay at least 1750 euros (2250 US dollars)in a 80 sq meter apartment. Please view www.polarisworld.com as an example.
The main thing here is that Boquete is meant to become one of the best places to invest and live, and it was about time to have a luxury development as it will be Las Huacas de Boquete. We need to start to understand that there is rich people in this world, willing to come to places where they can make more money and help developing communities and Boquete needs and deserves that.
If any one needs further details on this project, do not hesitate to email me. From Murcia Coast, Spain and wishing you a great year,
Riggo Terranova
mantrapark@hotmail.com

german promotion company??

frankfurters?

From Willis Group's website:

Marine Cargo
Our cargo division offers a highly motivated and professional team of brokers and technicans who advise on all aspects of cargo risk anywhere in the world.

We provide [insurance] coverage for any of the following:

transit insurance (road / rail / sea / pipeline / air / barge / post)
war and strikes risks
storage
stock throughputs
political risks
contractors working equipment
consequential loss (marine business interruption or projects)
trade disruption
guaranteed out-turn (oil)
cable laying and maintenance.

------------------

Sounds like a perfect fit for the new Panama Canal Project.

Perhaps brokered by PYPR?

Pennyworld

PPS drops between PRs - impatience - day traders - swing traders, etc...

Many factors out of the company's control that have landed us down here, but

BUYING OPPORTUNITY!!!!

Sorry Aturders.

Blog entry - posted by Mike Terrell, CEO

Glad to be Home Update

February 2nd, 2007

Good Morning on this Ground Hog day. I’d say here in Dallas he may have a hard time seeing his shadow so we may have 6 more weeks of winter here.

I can tell you it was a shock to the system when I landed in Dallas last night. Snow flurries was not my hoped for conclusion to 7 days in Costa Rica and Panama. It was a bit chilly in a short sleeve golf shirt.

I had a very successful trip and I am sure you will hear the great news about future oops I’ll let them tell you all about it very soon.

I do want to take just a moment and thank all of you loyal investors and shareholders for your great support and commitment to our cause, our company, and our future. As an educated investor you know that great companies are not built overnight. You realize there is not a day that passes in the life of a business that turns out exactly as you thought it would. Sometimes things go wrong, sometimes things go far better than you expected. I beleieve it is not the challenges that make us or break us it is how we handle them. It is being consistant and reliable. It is being ready to sieze the opportunity. I try not to judge people to harshly who need to wind their clock because even a clock who does not work is right twice a day. So to that lone investor who has proclaimed the sky is falling the sky is falling . I am here to tell you he is right manna from heaven is falling everywhere I want to thank that lone voice for his astute observation.

The name change is official and filed with the state of Nevada we are officially PANAMERSA Corporation and we have a new cusip number

We have our new TA but have not had the best of execution on the part of our old TA to be prompt and as of today the new TA has not received the physical records from the old TA. We do have an electronic stockholder list but without physical records and blank certs on hand that can be issued we could not apply to Nasdaq for a new symbol. I put a rush order in for new certificate blanks and we should have those today. If so the TA can send in the TA requirements and I can send in the request today and hopefully since it is a name change only and no capital structure changes I am hopeful we could have the new symbol by Wed or Thursday next week

The only difference in the numbers from the new TA numbers will be in the O/S. The O/S will reflect a reduction of 2 billion shares I retired back to treasury.

The Financial Statements

I have stated publicly the Financials would be posted on or before the 15 of Feb and I would like to take this opportunity to say that has not changed.

I am trying to resolve the Atrade issue and will post any results as soon as I get them.

Get excited We are at the right place at the right time Register with Fundacion Panamerica so you can be eligible to participate Coming Soon CEO Conference Call for registered members of the foundation Fundacion Member Trips coming soon

That would be a nice flip!