Hello first post here

I have owned EFGO for some time now. One year and counting.
I am excited about the deal EFGO struck with Good Life and Canden.
Has a time been set for both.
Some of the posters here seem well versed in what is going on in regards to the Company EFGO.

Last Post on this Board

This board has been ruined by I am Survivor who states he does not hold a posistion yet he or she is here to save us investors. The poster writes paragraph after paragragh about nothing.
Lies and more Lies. No Facts just opinions and Lies. Why? Posters here ask yourself that Question Why, what is it"s motive.
***********************************************************

<<Thanks genius ceo...now we have an "E" to your creativity. >>

Yep...and do you not think it is odd that only 2 days ago a poster said they called and were working with the SEC to avoid the E, when obviously they knew as they spoke that the SEC was not going to let them slide on the E?

LOL....Sorry folks, but whoever told whoever they were hoping to avoid the E, knew at the time they were speaking that the SEC was not going to let them slide on the E, yet they said something verbally, that they again knew was not true or not going to happen.

Keep believeing what habitual liars tell you and it normally ends up very ugly for those listening.

Fool me once, fool me twice.....how many times will people allow them to continue fooling you with VERBAL B.S.?

By the way....look how long it has been....all anybody cares about is "WHERE ARE MY SHARES"....Is nobody interested in what the company is doing..how they are progressing....did they secure financing and if so how dilutive was it.....Any new biz to report. What about the new share structure....the lkst goes on and on...but the facts are, this company has everybody so wrapped up in the 'where are my shares' fiasco, nobody even cares what they are doing as a business anymore....no talk or discussion on anything except 'where are my shares'. I would think after all this time people would want to know why no news of any kind has been released.....good news would NOT be held back....bad news would be...if they have diluted the piss out of this they certainly are not going to PR it....Like most casino stocks, you'll see the HUGE number of shares and have a stroke, AFTER the fact.......But I do find it interesting that with all the great plans they had, we have heard nothing on anything and as I said, ANYTHING POSITIVE at this point would have been pr'd to death. And didnt the company say a long time ago, they do not know what is going on with the share issue..they are letting the TA work on that as they had a biz to run and had to concentrate on that? Yes, They did say that.....LMAO...so, they were ignoring the share issue so they could concentrate on running their biz?? LOL...OK great.....If they are working so hard on 'biz', where is all the great info of what has been happening the last year with their biz??

smoke1tek and others read this

Remind you of any posters here or on other Boards. When Bashers they take over a board the Sheep will follow. Not Me my friend. I am looking forward to positives things happening to PAVC in 2007..

Lesson 1: Remember, BASHERS NEVER BASH A BAD STOCK. Watch the board for stocks with no potential. They never have any bashers. Bashers only go after stocks that are going upwards or have excellent potential to go up. Bashers get left behind, so they want to bring the price down

Lesson 2: BASHERS ALWAYS BRING UP OLD NEWS THAT YOU HAVE HEARD MANY TIMES. New startup companies always have a few bits of bad news. The basher will post this over and over again. The stupid basher will try to make the old news a bit fresher to try to fool you.

Lesson 3: BASHERS POST MANY TIMES A DAY. They try to wear you out. They comment on everything, every other post, and can answer every question. THEY KNOW IT ALL! There is no positive comment they won't bash. They try to control the board. True longs may have to address the bashers or they will appear to the newbies as being the people with all the information.

Lesson 4: BASHERS WILL LIE TO YOUR FACE. Never trust a basher. The truth on startup companies is that many mistakes are made and losses happen. The basher will try to make you believe all startup companies make a profit, release financials every quarter and all aspects of the business run smoothly. THIS IS NOT TRUE. THE BASHERS LIE TO YOU. Startup companies can go years without profits, financials and good business, this is the nature of the beast.

Lesson 5: The bashers know YOU CAN'T VERIFY THEIR STATEMENTS. That's why they make the statements they do.

Lesson 6: The bashers PLAY ON YOUR LACK OF KNOWLEDGE. They can lie about information and you couldn't know the difference (unless you have done your
assessment of the company and know the truth and facts).

Lesson 7: Bashers play on your lack of patience. YOU have held a stock for a while. You knew it will be a big stock someday, but the BASHER CAN GET TO YOU BECAUSE YOU ARE TIRED OF WAITING FOR YOUR GAIN . That's when the basher is best. You are tired. You have forgotten the goal for the stock was to hold it for one year. The basher is bothersome, so you dump it on a bad day. Some others also dump. Then you get mad for your loss and return to let everyone know how mad you are. Then you turn into a basher as well. THE BASHER HAS
WON, AND GAINED A NEW PARTNER, TOO. to be able to get in at a great price.

Lesson 8: BRING THE PRICE DOWN. That is the basher's job. The truth is not important. Lies are the norm. Post continuously on the board every day. They are trying to hit the newbies visiting the board. They are trying to wear out the longs on the board. They do whatever it takes to wear the longs out.

Lesson 9: BASHERS WILL TRY TO CREATE DOUBT AND GET YOU TO RESEARCH ITEMS THAT THEY KNOW WILL LEAD TO THE CREATION OF DOUBT IN YOU AND IN OTHER STOCKHOLDERS. A typical trick of an advanced basher is to propose that there is a potential "problem" because "we" don't have the facts on a particular subject. The basher dares someone in the group to find out the answer to the question. The basher already knows the answer; the basher already knows what will be found. The power of this tactic is that the basher is now in control of the actions of the stockholders; the basher has you, the stockholder doing HIS/HER due diligence and when you, the stockholder come back to the group with a questionable finding then the basher gains credibility. What to do??? Solution??? Well, I think it's important to find answers but on your own terms. I actually pick up the phone and call the company and talk to the investor relations person or the CEO until I get a satisfactory answer. The problem here is that the advanced basher has you doing his bidding and his work; you have essentially joined his ranks. So, develop your own little Due Diligence package and answer questions by placing the information into the package and referring all new investors to read the answers to questions raised in the Investor Information package but DON'T GET INTO A CONVERSATION WITH THE BASHER REGARDING THE TOPIC. THAT IS WHERE YOU LOSE. DON'T CONVERSE WITH THE BASHER; ANSWER INDIRECTLY; DON'T USE THE BASHERS NAME; DON'T GET INTO A PERSONALITY CONTEST.

A BASHERS HANDBOOK: know the enemy who wishes to steal your money! Do not underestimate a bashers influence on a stock. The Pro's are good at what they do and what they do is profit from your losses. Below is their "hand-book" so to speak. Learn from it or donate your money to those who make an organized plan to steal your money!

BASHERS DO THE FOLLOWING:
1. Be anonymous
2. Use 10% fact. 90% suggestion. The facts will lend credibility to your suggestions.
3. Let others help you learn about the stock. Build rapport and a support base before initiating your bashing routine.
4. Enter w/ humor and reply to all who reply to you.
5. Use multiple ISP's, handles and aliases.
6. Use two (2) or more aliases to simulate a discussion.
7. Do not start with an all out slam of the stock. Build to it.
8. Identify your foes (hypsters) and the boards "guru" Use them to your advantage. Lead them do not follow their lead.
9. Only bash until the tide/momentum turns. Let doubt carry it the rest of the way.
10. Give the appearance of being open minded.
11. Be bold in your statements. People follow strength.
12. Write headlines in caps with catchy statements.
13. Pour it on as your position gains momentum. Not your personality.
14. Don't worry about being labeled a "basher". Newbies won't know your history.
15. When identified put up a brief fight, then back off. Return in an hour unless your foe is a weak in reasoning powers.
16. Your goal is to limit the momentum of the run. Not to tank the company or create a plunge in the stock; be subtle and consistent.
17. Kill the dreams of profits, not the company or the stock.
18. Use questions to create critical thinking. Statements to reinforce facts.
19. DO NOT LIE, DO NOT NAME CALL and DO NOT USE PROFANITY.
20. Encourage people to call the company. 99% won't. They'll take your word for claims made. If they do call you can always find something that is inaccurate in how they report their findings.
21. Discourage people for taking the companies word for anything. Encourage them to call the company. They won't out of laziness.
22. If the companies history/PR's are negative constantly point to that. Compile a list of this data prior to beginning your efforts.
23. If the price rises blame it on the hype or the PR, temporary mass reaction, the market, etc. Anything but the stock itself.
24. If other posters share your concerns, play on that and share theirs too.
25. Always cite low volume, even when it's not.
26. Three or four aliases can dominate a board and wear down the longs.
27. Bait the hypsters into personal debates putting their focus/efforts on you and not the stock or facts. Divert their attention from facts. Show them the facts from a "different angle."
28. Promote other stocks that would-be investors can turn to instead of the one your bashing.
30. Do not fall for challenges on the "values" of what you are doing, it's a game and you are playing it with your own rules.

GRADE YOUR FAVORITE BASHER:

Advanced Basher:
Will join the message board early and actually "pump" the stock with positives; this basher is very intelligent, has the facts of the company, actually helps longs with Due Diligence and generally gets the confidence of the stockholders. Then, when the stock hits their price, the tone will change and they will start asking longs to check into this and check into that. The seeds of doubt are being planted. This basher will then start using all the tactics listed on this page to create seeds of doubt. ALWAYS LOOK AT THE PROFILE OF A PERSON YOU SUSPECT. ASK WHAT STOCKS THEY'VE "SUPPORTED" IN THE PAST AND CHECK OUT THE MESSAGE BOARD. An honest person will have a positive track record that can be followed. I strongly believe that a contrary view is needed but this person is out to steal your money and does it by deception and creates fear after gaining confidence! BEWARE, this is the most clever basher and the hardest to spot.

Grade A Basher:
Posts lots of old news, responds to all positive posts with a negative side. Never responds to being called a basher, never posts on another board. Can spend up to 80 hours a week bashing a stock.

Grade B Basher:
Very good way with words, always claims to be your "friend" taking the positive poster into confidence, never posts on another board, spends about 60 hours a week.

Grade C Basher:
Spends less time than the others but is somewhat effective and gets a C grade due to getting excited when bashers rules say not to get excited, spends about 40 hours a week.

Grade D Basher:
Needs to learn the basics about being convincing when making a negative statement. Spends a good amount of time working the stock, maybe 20 hours a week. Grade F Basher: A complete idiot, most readers are not convinced he knows anything about stocks in general. The type that says a stock "sucks", but gives no rationale, shows up every so often but no regular schedule.

WHY BASH?: MONEY (the usual reason), SPORT, ENTERTAINMENT. Some bashers are compelled to bash because they are inherently a part of the dark side of life so they must do it. It's a sad fact but never the less, a fact. It's life so you must learn how to deal with it or become a victim!

LEARN ABOUT HOW BASHERS WORK: how they are paid: (this was written by a basher) I know the following from a "friend" who needed extra money. I never answer a basher directly because I then become a basher's little money machine.
IGNORE THEM FOLKS...how bashers are paid: When you REPLY to bashers you give them an opportunity to earn 5-7 bucks. The service agreement they enter into with their employer states their messages will be monitored for content, profanity, lies, etc. but Money Manager's and the like don't have the time to check all their bashers messages. Only occasional spot checks are done. Those who manage the basher will generally read the headlines to see if a basher is replying to other posters by name. That tells them the basher isn't just "posting blindly" or repeating the same message over and over since they won't pay for those. A basher will attempt to milk three to five replies per post at one to two dollars each. This way the basher spreads negative influence to as many stockholders as possible. A basher will create this discussion thread because it takes less time reading more messages than is necessary. This ultimately allows the basher more time to post and make money. In general, NEVER ENGAGE A BASHER. Make them read all the posts and think up ways to enter the discussion.

NEVER ENGAGE A BASHER; if you do so then YOU BECOME THE BASHER'S AID! Read the news ,do your own homework and make your own decisions. Get real time quotes and follow the stock for a couple of weeks. Due Diligence is key here. Know that there will be a time when the stock runs up which will be followed by the Bashers and those that missed the boat. The bashers will trash the stock by saying such things as "it's a Pump and Dump" and "the company is lying" and deceiving. There goal is to scare off newbies and potential new investors by "shaking" you out of your shares. Take the time to confirm your DD ,trust your own judgment and believe in yourself, pick your point of return or loss and live with it. Don't listen to hype or bashers trust your own judgment. Live by the rules you have created .

virginian May 2007

for the first year,read the PR below.

http://biz.yahoo.com/iw/060629/0140620.html

Correct me if I'm wrong but the one-year restriction STARTS when we RECIEVE our certs I thought.Unless something has changed Not soon.

smoke1tek

Appreciated, Thanks.

PAVC in 2007


Will have a good year IMO. A GOOD YEAR.

PAVC Extension

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 12b-25
NOTIFICATION OF LATE FILING

Commission File Number: 000-30074
(Check one)[ X ] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form 20-F [ ] Form 10-Q and Form 10-QSB [ ] Form N-SAR


[X] (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

[X] (b) The subject annual report, semi-annual report, transition report on Form 10-K, 10-KSB, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or before the 15th calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, 10-QSB, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and

'im a survivor The reason I am not posting

Much is because of you destroying this board with alot of Bull.
And you hold no posistion in PAVC. Besides you took my posts and gave them to a third party as you stated previously for my inside information as you stated. That really upset you for some reason.
That showed me what kind of a poster you are.
If othewrs want to follow your posts let them. As for me I want nothing to do with you.

Now give your third party this post.

Share Buyback Different Ways



There are a number of ways in which a company can return wealth to its shareholders. Although stock price appreciation and dividends are the two most common ways of doing this, there are other useful, and often overlooked, ways for companies to share their wealth with investors. In this article, we will look at one of those overlooked methods: share buybacks. We’ll go through the mechanics of a share buyback and what it means for investors.

The Meaning of Buybacks
A stock buyback, also known as a "share repurchase", is a company's buying back its shares from the marketplace. You can think of a buyback as a company investing in itself, or using its cash to buy its own shares. The idea is simple: because a company can’t act as its own shareholder, repurchased shares are absorbed by the company, and the number of outstanding shares on the market is reduced. When this happens, the relative ownership stake of each investor increases because there are fewer shares, or claims, on the earnings of the company.
Typically, buybacks are carried out in one of two ways:


1. Tender Offer
Shareholders may be presented with a tender offer by the company to submit, or tender, a portion or all of their shares within a certain time frame. The tender offer will stipulate both the number of shares the company is looking to repurchase and the price range they are willing to pay (almost always at a premium to the market price). When investors take up the offer, they will state the number of shares they want to tender along with the price they are willing to accept. Once the company has received all of the offers, it will find the right mix to buy the shares at the lowest cost.

2. Open Market
The second alternative a company has is to buy shares on the open market, just like an individual investor would, at the market price. It is important to note, however, that when a company announces a buyback it is usually perceived by the market as a positive thing, which often causes the share price to shoot up.

Now let’s look at why a company would initiate such a plan.

The Motives
If you ask its management, they’ll likely tell you that a buyback is the best use of capital at a particular time. After all, the goal of a firm's management is to maximize return for shareholders, and a buyback generally increases shareholder value. The prototypical line in a buyback press release is "we don't see any better investment than in ourselves". Although this can sometimes be the case, this statement is not always true.

Nevertheless, there are still sound motives that drive companies to repurchase shares. For example, management many feel the market has discounted its share price too steeply. A stock price can be pummeled by the market for many reasons like weaker-then-expected earnings results, an accounting scandal or just a poor overall economic climate. Thus, when a company spends millions of dollars buying up its own shares, it says management believes that the market has gone too far in discounting the shares - a positive sign.

Improving Financial Ratios
Another reason a company might pursue a buyback is solely to improve its financial ratios – metrics upon which the market seems to be heavily focused. This motivation is questionable. If reducing the number of shares is not done in an attempt to create more value for shareholders but rather make financial ratios look better, there is likely to be a problem with the management. However, if a company’s motive for initiating a buyback program is sound, the improvement of its financial ratios in the process may just be a byproduct of a good corporate decision. Let’s look at how this happens.

First of all, share buybacks reduce the number of shares outstanding. Once a company purchases its shares, it often cancels them or keeps them as treasury shares, and reduces the number of shares outstanding in the process.

Moreover, buybacks reduce the assets on the balance sheet (remember cash is an asset). As a result, return on assets (ROA) actually increases because assets are reduced; return on equity (ROE) increases because there is less outstanding equity. In general, the market views higher ROA and ROE as positives. (See Reading The Balance Sheet.)

Suppose a company repurchases one million shares at $15 per share for a total cash outlay of $15 million. Below are the components of the ROA and earnings per share (EPS) calculations and how they change as a result of the buyback.



As you can see, the company’s cash hoard has been reduced from $20 million to $5 million. Because cash is an asset, this will lower the total assets of the company from $50 million to $35 million. This then leads to an increase in its ROA, even though earnings have not changed. Prior to the buyback, its ROA was 4% ($2 million/$50 million) but after the repurchase, ROA increases to 5.71% ($2 million/$35 million). A similar effect can be seen in the EPS number, which increases from $0.20 ($2 million/10 million shares) to $0.22 ($2 million/9 million shares).

The buyback also helps to improve the company’s price-earnings ratio (P/E). The P/E ratio is one of the most well-known and often-used measures of value. At the risk of oversimplification, when it comes to the P/E ratio, the market often thinks lower is better. Therefore, if we assume that the shares remain at $15, the P/E ratio before the buyback is 75 ($15/$0.2); after the buyback, the P/E decreases to 68 ($15/$0.22) due to the reduction in outstanding shares. In other words, fewer shares + same earnings = higher EPS!

Based on the P/E ratio as a measure of value, the company is now less expensive than it was prior to the repurchase despite the fact there was no change in earnings.

Posted by: Bigdogs talked to CEO


In reply to: ogclip who wrote msg# 13628
Date:12/19/2006 4:36:14 PM
Post #of 13908

I did talk

to the CEO today and questioned him on where all the shares were coming from and if they were diluting.

He told me point blank. No the seller was not AUGC.

I then asked Mike who he thought could be selling and he basically said it could be some of the people that were owed money in the last year and that they were paid off in shares awhile ago.

I asked if the O/S is right around 7-8 billion and although he didnt confirm for sure he said its right in that ball park.

He also seemed very confident that the company was not going to dilute in the near future and was very focused on trying to get the o/s down as much as possible through 2007.

He mentioned that anyone selling in this area would be very sorry down the line and that he sees alot of promise with AUGC currently and was excited about some of there acquisitions they have on radar.

I asked him if the acquisitions would be paid for through stock which would in turn dilute the o/s more and he said that the financing would be by other people and not by AUGC stock.

This is just a buy and hold but from talking to him I think this will be a excellent play in 2007. Definitely worth the gamble and also that AUGC has turned the corner.

New T/A

http://www.corporatestock.com/personnel.html

We will be fine

IMO

RobbyJohn You do not have to expain

I appreciate your posts. You do not have to explain anything to anyone. What you post is an opinion on a message Board. It is just that an opinion, Posters can choose to read your posts or ignore them.
Keep up the good work.

Thankyou

Appreciated

Question on powerscans

Can you explain what the powerscans mean and how it works.
Thanks

Letter today from Scottrde

Confirms I am on the NOBO lisr and also states that all clients that purchase stock through Scottrade are on the NOBO list for each secutity unless specifically requested otherwise.

Ameritrade Class Action

http://securities.stanford.edu/1029/AMTD03-01/index.html

Just called Scottrade
They checked with the reorganization dept and I was then asked if I ever had asked at anytime to be rejected from the NOBO List and I said no.
Then he informed me that my account would then be automattically put on the NOBO List in my account name.
I asked for verification in e-mail form and was told to use our phone conversation with name and time with the person I spoke with and it was all on tape. This would be my verification.

Has anyone from Scottrade called been put

On the NOBO List. Also when posting would you mind telling us the Brokerage firm you are dealing with.
**********************************************************
called my brokerage to get on the nobo list. the brokerage fellow said he never heard of it and has to contact his superiors and will call me back, but hopefully i will be on the list sometime today. are we up to .004 yet. If not how close are we?

A Scottrade response to Divy Opinions Please

Has anyone contacted their brokers. I contacted mine and their reply had some interesting points. Here is their reply:

Dear Mr. ******,

Thank you for your email. The Press Release appears to be conflicted.
In one part of the release, it talks to the effect of registering with your broker dealer regarding the NOBO list. Whether you are listed or not is immaterial as the Press Release further states that they will not issue the PDR certificate representing your beneficial interest if your shares are held at a broker dealer. That is based on the following section of the Press Release provided by you:


"In addition the company will make available a web portal so each shareholder can register to be part of the Fundacion PayPro. PDRs, which represent beneficial ownership of their underlying assets, cannot be transferred through a third party (i.e. Stock Broker). All PDR's must be issued directly to the beneficiary."


Based on the above, one reading might interpret that you will need to apply for a physical certificate, holding it outside your Scottrade account, if you wish your meter(s) of land PDR certificate. You should contact the Investor Relations Department of the firm issuing the security for your own clarification as we cannot give advice on the intentions of any company.

You may request to have shares issued from your Scottrade account in certificate form and mailed to your address of record on the account.
Please contact your local branch office to submit this request.

'makin_dough99 I have a Cash account

The reason I did a cash account is that the Brokers are not allowed to loan out your shares to anyone. In a margin account they can loan out your shares or a term they do not like to use short.
So with that said if anyone has a cash account and they do not get the divy the customer of the brokerage Firm has IMO a real case against the Brokerage firm do to being a cash account.
IMO if you have a margin account the Brokerages have the leway and opportunity to play games.
************************************************************
The PDR is given as a divi away from the broker -PDRs are not in DTCC in the USA - they are an offshore instrument. But if you do not receive your divi then your broker has sold you short shares unknowingly (he has a fail to deliver from another MM or broker) and is responsible for getting you the dividend due.

I'm sure PYPR will have to post (PR) a price that shorts can cover either the short PDRs or short land :)

Read this SEC places an R behind the symbol

Business Wire "US Press Releases "

SALT LAKE CITY--(BUSINESS WIRE)--

Chief Executive Officer Jerry N. Gines of National Hyperbaric Rehab Center, Inc. ("NHRC") (Pink Sheets: NHYB) today made the following announcement: "National Hyperbaric Rehab Center has recently been placed in a position that does not allow shorting of our stock. This SEC action places an R behind our symbol so short trading is deemed illegal. This regulation is the SHO threshold security."

As defined in Rule 203(c)(6) of Regulation SHO, a "threshold security" is any equity security of any issuer that is registered under Section 12 of the Exchange Act, or that is required to file reports under Section 15(d) of the Exchange Act (commonly referred to as reporting securities), where, for five consecutive settlement days:

-- there are aggregate fails to deliver at a registered clearing
agency of 10,000 shares or more per security;

-- the level of fails is equal to at least one-half of one
percent of the issuer's total shares outstanding; and

-- the security is included on a list published by a
self-regulatory organization (SRO).

A security ceases to be a threshold security if it does not exceed the specified level of fails for five consecutive settlement days.

"The continued suppression of our stock has resulted because of shorting activity. This safeguard will enable the company to have a better stock trading position by eliminating short selling," Gines continued. "The management of National Hyperbaric Rehab Center has great confidence in the future of the company. We applaud the action taken by the SEC. It is a favorable step in building value for our future together."

Statements contained in this press release that are not statements of historical fact are "forward-looking statements" as that term is defined under federal securities laws, including, without limitation, all statements concerning expectations, beliefs, goals, intention or strategies for the future of National Hyperbaric Rehab Center, Inc. Forward-looking statements may be identified by words such as "goals," "plans," "believes," "will," "expects" and other words of similar meaning used in conjunction with, among other things, discussions of future operations, financial performance, product development and new ventures. Many factors could cause actual events or results to differ materially from those expressed in any forward-looking statement. Investors are cautioned not to place any undue reliance on any forward-looking statements.

Source: National Hyperbaric Rehab Center, Inc.

'mitcheroo Thanks

I am back on now

Anyone here from the BuyB4the Rush Site

I lost the link
Thanks

Livintilidie who is the person at SEC

You are talking to. I am asking because I have had conversations with a few people there in the past.
Did you call the number I posted the other day or is there another phone number you are using.
************************************************************
Just got off the phone with SEC regarding yesterday's manipulation..... details coming

One thing I can say

Since I have been here two weeks now, I have learned that this CEO means business. Communication is important and we have that here in this CEO.
Also I have never seen a dividend like this before. We may have a very business savy CEO that has the right management in place to help in fast decision making as we have just witnessed in this PR on the Divedend.
Excellent CEO thus far IMO.
***************************************************************
Mike might as well have given us a sample of his DNA - they couldn't have produced that either! Unfortunately, they would have killed him for it.

Unless he sells them some of the Corobici Wildlife Refuge they are gonna have a little trouble paying this divvy.

Time to cover shorty!

On Shorting send to The CEO Mr T

This is a very interesting posting on how MM can in effect issue new stock by shorting it. I copied it from the BIGN Board. It should be read by anyone curious about how this is done by the MMs'.

Posted by: eatmenasdaq
In reply to: None Date:12/2/2006 8:20:38 PM
Post #of 21123

This is the best Post I could ever make to BIGN and hope the company reads this and does something about.

I got this off another site just created.

Hope the best to all.

There's a rule that the market makers use ... a rule
that only has less than two hundred words in it ...
and that rule allows them to naked short an OTCBB or
Pink Sheet stock into oblivion. It allows them to
literally create, out of thin air, as many shares as
they need, to maintain an orderly market.

"(B) Proprietary short sales

No member shall effect a short sale for its own
account in any security unless the member or person
associated with a member makes an affirmative
determination that the member can borrow the
securities or otherwise provide for delivery of the
securities by the settlement date. This requirement
will not apply to transactions in corporate debt
securities, to bona fide market making transactions by
a member in securities in which it is registered as a
Nasdaq market maker, to bona fide market maker
transactions in non-Nasdaq securities in which the
market maker publishes a two-sided quotation in an
independent quotation medium, or to transactions which
result in fully hedged or arbitraged positions."

This rule allows a market maker to create a share in a
company by simply taking the money from the buyer and
making an electronic entry into their brokers'
account, and the broker then electronically credits
the buyer with one share of that company.

But several things that no one is aware of take place
in this transaction.
1. The buyer thinks that his share actually exists,
but unless he or she has read his account agreement
very carefully, he won't understand that all he did is
give money to someone other than the company and never
got any actual proof of ownership. His certificate,
presumably, is sitting at the DTCC.
2. The market maker filling the order for one share
has the buyer's money, and gave nothing except
electronic acknowledgement of receipt of it ... the
electronic entry in the buyer's account.


One very important thing to understand here, is that
at no point in this process, did the company in which
the buyer 'invested' ever get one single dime of the
money paid by the buyer for that share. There is a
tremendous misconception out there that causes many to
assume that when they buy a share of a company's
stock, the company gets the money.

This is only true if the buyer is buying an IPO, or a
private placement of shares from the company. In any
other sale or purchase of a stock by an investor, the
company does not even see the money.

This is particularly vexing when one begins to
understand what happens in naked shorting situations.
Situations where the provision that allows for naked
shorting to maintain an orderly market is abused.

Understand that whoever is doing the naked shorting is
the one receiving the money. They keep it. For as long
as it is convenient to do so. That is where the abuse
of the rule comes in.

That rule was created to allow for market makers, who
by becoming market makers, agree to 'make a market' in
certain stocks. That means that they will sell you a
share, or buy a share from you, even if there isn't
any available, or there are no other buyers for it.
The Market makers' job is at least partly, to provide
liquidity to the market. In thinly traded securities,
or securities where there is a small public float, the
market makers' ability to naked short is crucial to
the liquidity of the market in that security.

The abuse takes place when the market maker for
whatever reason determines that the market for a
particular security has become "disorderly". Too much
buying pressure, for instance, can cause a price spike
in that security that would have no relationship to
the true book value of the security. The market maker
then determines that he will naked short to fill
orders, knowing that by doing so, the price will not
explode on unusually high demand because he can
literally issue new shares under this rule. The market
maker then waits, with an open naked short position in
that stock, until the buying pressure subsides, and he
can buy enough shares back at lower prices to cover
his naked short position.

The rule does not have any time requirements and that
allows for the market maker to keep a naked short
position open for potentially years. In reality, until
the buying pressure subsides enough for him to buy
back at lower prices however many shares he needs to
fill previously filled orders that make up his naked
short position, it simply stays open, and the money
sits in his account.

Someone is going to ask the question, "So, how big are
all those naked short positions, anyhow?"

There is another provision that says that the market
makers do not have to publish their open naked short
positions. Never. At all. All OTCBB and Pink Sheet
securities can be naked shorted - indefinitely - by
market makers under this rule, and there is no way
that an investor can discover if there is an open
naked short position in a stock he may be interested
in, or even how big that short position is.

So far, the SEC does not see a strong need to correct
this situation, either.

Think about it. There are unlimited amounts of shares
that were never authorized or issued by a company made
available to the unsuspecting investor. They are
authorized and issued by the market makers under this
rule, and the company never gets any money from the
sale of shares created under this rule.

The temptation to abuse this rule is irresistable.
Just do the math. A million naked shorted shares sold
by a market maker at 0.01 (one cent) is $10,000 that
the market maker keeps in his account, and that the
company does not get. At 0.10 (ten cents) the market
maker gets to keep $100,000. Now, that is for each
million shares that the market maker creates.

Under this rule, if a company and/or a group of
shareholders begin to suspect a short position exists
in their security, they can not discover this from any
published source. The price of the stock remains
constant, or goes down, even though there is unusually
heavy buying ... buying that goes on for years in some
cases.

The company thinks that there is someone illegally
shorting their stock in an attempt to ruin the
company. The shareholders think that the company is
illegally printing shares behind their backs and is
scaming them. Eventually, this distrust between the
company and it's shareholders becomes so great that
investors start selling, or the company, already
damaged by a supressed share price, is forced to issue
additional shares into the market because other
collateral-backed loans can not be made with share
prices so suppressed.

This is what the market maker is waiting for ...
sometimes for as long as years. In both cases, the
market maker eventually gets his naked short position
covered, and all it cost was the company's reputation,
the shareholders' money, and the SEC's full
cooperation by allowing this abuse of the rule.

There is a third situation that the market makers
naked short into ... a stock that is a likely prospect
for failure. In that case, they just continue naked
shorting no matter what, keeping the price suppressed,
and eventually the company files for bankruptcy, and
... the company goes out of business, the shareholders
lose their investment ... and the market maker keeps
the proceeds of his continued naked shorting.

A good question for the SEC would be, "Seeing as how
the companies that failed never got the proceeds of
the sale of stock over and above their issued and
outstanding, but the market makers did, isn't the SEC
allowing actual fraud to take place, and condoning it
by the creation and continued existance of this rule?"


Like it or not, the SEC has allowed securities fraud
to run rampant in the OTCBB and Pink sheet stock
markets by simply looking the other way and allowing
the market makers to target the OTCBB and Pink sheet
markets as a source of huge amounts of cash, literally
stolen from investors by the third party creation of
shares by an entity other than the the issure - the
company.

This rule is nothing less than blanket permission by
the SEC for market makers to become the issuers of
company stock, no matter what the company's official
authorized and issued amounts are.

And that, my friends and fellow investors, is
securities fraud on a scale almost beyond
comprehension.


Isn't capitalism great.

One way to fight back on this is to email all the members on the House Committee of Financial Services (click link below). They oversee the SEC. We need 1000's of emails going to the Chairman of this Committee, all memebers for that matter, stating that this corruption must stop!! Come on people let's stand up for something and fight back on this. It will take a herculean effort to make our voices known. The next Chairman will probably be Barney Frank so maybe we can make a difference with a new Chairman.

http://financialservices.house.gov/index.asp

MARKET MAKERS ARE OUR COMPETITORS ON THE STOCK EXCHANGES - THEY ARE TRYING TO GET YOUR MONEY. UNDERSTAND THAT? THE MARKET MAKERS ARE NOT INNOCENT & CASUAL INTERMEDIARIES, THEY REPRESENT YOUR OPPONENT ON THE PLAYING FIELD HERE.

NEWS


PANAMERSA Corporation/PayPro, Inc. and Port SAE Productions, from Barcelona, Catalunya, Spain, Signed an ''Economic Interest Association Agreement'' to Develop PORT SAE, La Fortaleza, a Tourist Theme Park Pentapolis by the Ocean
via COMTEX

December 4, 2006

DALLAS & PANAMA CITY, Republic of Panama, Dec 04, 2006 (BUSINESS WIRE) --

Micheal Scott Terrell, President of PANAMERSA Corporation/PayPro, Inc, a US Public Company, based in Dallas, Texas, U.S.A., and "JORDI" Jorge Gimenez Huguet, author and founder of Port SAE Productions, from Barcelona, Catalunya, Spain, signed an "Economic Interest Association Agreement" ("A.I.E. in Spanish") to coordinate, to promote, to develop and to build "Port SAE, La Fortaleza" in one of PANAMERSA's operating regions, to be disclosed at a later release.

Port SAE La Fortaleza is a mega-tourist project within the industry category of "Theme Park" where all the components are located within a PENTAPOLIS, a five borough theme city including seaport and marina built in accord to a colonial styled theme of the XVI century; where, residents or visitors can feel and enjoy the sensation of living in unforgettable days of the era of fortress cities totally inspired and built in natural surroundings, mute witnesses of the History of Pirates.

Port SAE, La Fortaleza is a flagship project for all the Pan-American countries involved in such historic legacy. It is an original offering, an exclusive international undertaking based on the fantasy of living, staying, visiting and enjoying the fantasy of the "Pirate Kid" we all carry inside.

"JORDI", the author and founder said, "After traveling throughout all the different areas in the Caribbean, Central America, Panama and South America, enjoying all the natural surroundings and underwater scenarios, where this legacy was created and all this history was written in blood ... I was inspired to write the rebirth of the era, in the same historical sites where it took place ... the pirates being the inhabitants of the areas where these multiple legends of battles occurred ... and treasures that until today have not been found and are waiting."

Port SAE Productions is a Real Estate Development entity from Spain. This R.E.D. business entity is made up of professionals working with the author "JORDI" and PANAMERSA, to carry out the planning and execution of the business, legal and financial aspects of this project.

Our objective: To Coordinate, to Consolidate and to Offer a unique scenario to all those multi-national business entities that have, common goals and commercial affinity to promote their goods and services based on the legacy and history of past world pirates.

Our team of professionals have recovered and restored the archives, works of art and historic legacy about the pirates in all countries that witnessed this legacy. We have compiled all this invaluable information exposing all deeds and actions carried out by this unique breed of persons that made history. It is all documented in Paginas-Negras Archives, it can be looked at www.port-sae.com http://paginas-negras.com.

Port SAE, La Fortaleza...a PENTAPOLIS by the Ocean consists of 100 hectares, 247.11 acres or 1.000.018,7 m2 distributed as follows:

I.- MicroForests, forty nine (49) hectares equivalent to 490,000 m2, "A family's way to become Carbon Neutral, to save Mother Earth"

II.- The PENTAPOLIS, fifty one (51) hectares equivalent to 521,000 m2, as follows:

-- Refugios Los Proscritos: Six Hundred and Fifty (650) Condominiums distributed in five (5) design categories.

-- El Puerto: Sea Port and Marina, re-creating XVI Century theme.

-- El Fortin: a "Five Cutlass" Hotels & Casino with Four Hundred and Fifty (450) rooms, marketplace, La Hacienda y La Ermita.

-- Pirata Park: Playground and related amusement activities for collective participation.

-- Las Guaridas: Five World Class Villas for: Port Sae, La Fortaleza Sponsors.

About PANAMERSA Corporation/PayPro Incorporated:

PANAMERSA Corporation/PayPro Incorporated (Pink Sheets:PYPR) is a holding company for a group of business enterprises which promotes the commercial integration of Latin America into the economic development of the Western Hemisphere, and is engaged in global e-commerce and e-biz Solutions offering interactive e-commerce and e-biz programs. PANAMERSA Corporation/ PayPro offers a range of goods and services ONLINE as follows:

Visa prepaid cards; e-commerce merchant accounts; Life insurance policies; Gold transactions; Telephony services; Text messaging; VoIP; Micro forests properties; Real estate investment participations; Fixed and variable income Real estate properties in Costa Rica and Panama; Offshore financial services; Asset management and protection; Travel services, Leisure, Business, Health; Relocation services; and Digital marketing services.

Forward-Looking Statements are not historical facts as "forward-looking statements" defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are the result of profound analysis on trends in our globalizing economies that we anticipate in our industry. It is our good faith vision and estimate of the effect on the globalization, integration and electronic business trends will have on our company. Our statements are also subject to risks and uncertainties beyond our reasonable control that could cause the results of operations to differ materially from those reflected in our forward-looking statements.

SOURCE: PayPro Incorporated

PayPro Incorporated Mike Terrell, 214-774-4870
Copyright Business Wire 2006

http://www.smallcapcenter.com/story.asp?mysection=headlines&mypage=newsalerts.asp&ticker=PYP...

Livintilidie and other buyers of PYPR

If you feel something is not right with the trades on PYPR try the NASD first then the SEC.

Here are Links and phone numbers for the SEC and NASD ,

NASD phone # 1-203-375-9609 http://www.nasd.com/index.htm

SEC Complaint Link http://www.sec.gov/complaint/selectconduct.shtml

SEC Market Regulation 1-202-551-5777

The_Pink_Lawyer Two Questions on Divedends

I posted this on the PYPR Board the other day.

First, your opinion on AMSN I also have Restricted Shares from the BKMP Divedend.

Second, IMO.
From what I have seen a Company issueing Restricted Stock Dividends is not the way go.
Under Rule 144 it takes one year for you to be able to register the Stock and sell only a percentage for 3 months "to be a little more specific concerning the restricted sale of a security between year one and two:

This applies to OTCBB/PINKSHEET stocks.

A person may sell up to 1% (one percent) of the outstanding shares of the same class of company stock in any 90 day period.

This applies to NASDAQ/AMEX/NYSE

A person may sell 1% (one percent) of the weekly average of the 4 preceeding weeks immediately prior to submitting notice of the sale on form 144, OR...OR..OR A person may sell up to 1% (one percent) of the outstanding shares of the same class of company stock in any 90 day period, WHICH EVER IS GREATER.

The restriction is deemed to be lifted ONLY for shares sold at the completion of such sale. All shares NOT sold during this period will remain restricted, and subject to the remainder of SEC rule 144 as directed.There is also a cost to you to have the shares registered I think $150.00".

If you wait two years the Restricted Shares automatically become tradable

Currency Convertor

http://www.xe.com/ucc/

400.00 USD United States Dollars = 205,490.00 CRC
Costa Rica Colones 1 USD = 513.725 CRC 1 CRC = 0.00194657 USD

Costa Rica Facts as of Oct 2006

I put this together to get an idea of the Vital Statistics in Costa Rica and its relationship with the USA and other Countries.
I read through some of the Company PR’s and for me after looking at the links below along with the Questions and Answers that were asked at the Shareholders Meeting in Dallas I see that PYPR could be on to something here.

http://www.state.gov/r/pa/ei/bgn/2019.htm
The United States is Costa Rica's most important trading partner. The U.S. accounts for over half of Costa Rica's exports, imports, and tourism, and more than two-thirds of its foreign investment. The two countries share growing concerns for the environment and want to preserve Costa Rica's important tropical resources and prevent environmental degradation.

Costa Rica Map
http://centralamerica.com/cr/maps/mapcosta.htm

Costa Rica more info
http://en.wikipedia.org/wiki/Costa_Rica

Panama Canal Info
http://www.pancanal.com/eng/index.html

Hey ZIPPER i am survivor

Look into my Crystal Ball. Who said inside info you did not me. You are accusing with misleading remarks as usual. Par for the course with you.
For someone who owns no stake in PAVC and is sick as you claim you have a lot of wind and energy.
Put your wind to good use and blow away.
**************************************************************

LOL...you REAMED me asking me to back up what I say with FACTS and then say I lost all credibility??? LOL, but you then post

<<My Crystal Ball Says

There will be positive news coming from the Company, could be at any time keep your eyes open.>>

What is the positive news? Who did you speak to? Where are the facts or links to back up your assertion that 'good news is coming anyday'?

How in thew world can you REAM somebody for not posting facts and then claim they are trying to mislead and deceive, yet you post the above?? You mean that isnt deceptive or misleading??? No facts or links, just a comment that says your crystal ball says positive news is coming???? LOL..Same, you realize you have posted similar posts before..in fact, quite a few times we have heard you say that you 'heard' positive news was coming anyday...go back and read all your posts as you have said this many times....and not one time did good news actually come!! And you dare accuse me of not posting facts and trying to mislead and deceive people?? LMAO....

Well, you seem to be inferring that you have garnered some form of inside info.......so, Your post(s) will be forwarded to the necessary authorites as I happen to know certain 'third parties' are very interested in what the company is verbally telling people...and I am sure they will be interested in a poster claiming he knows 'good things are going to happen'.....if something 'good' does happen, it will not be good for you or the company or anybody engaging in passing around inside info prior to it being public....

I also suspect that whatever 'good news' you are talking about will be about as good as all the other 'great things' that people have posted will happen....I have no doubt the company is still there and little doubt they will crank up the PR machine eventually, but like I said, I assume the good news will be as good as all the other 'great things promised'....

So, would you care to go on record as to what the good news is, where you obtained the info from? Or do you simply like accusing others of not posting facts and trying to mislead and/or deceive others, while doing that very thing yourself?

In any event, this is being watched very closely right now...and I am sure people claiming they have inside info is going to catch some attention.......

Good luck....

Investor100 more info repost

Posted by: mastershake
In reply to: None
Date:11/27/2006 12:28:49 PM
Post #of 16533

hey guys..

maybe some of you will find this interesting (maybe some of you wont)..

http://www.pancanal.com/eng/plan/noticias/2006/05/02/pr75.html

http://www.panama-guide.com/article.php/20060429080757905

http://www.pancanal.com/eng/plan/credit-suisse.pdf

Stuff about Hector Aleman and Panama Canal Expansion Projects all from reliable sources it seems.

shake.
***********************************************************
Looking At This New Opportunity: First Time Poster

From review many posts there is alot of excitement about the past, present and future of PYPR.

having not invested into this company I need some solid DD information and rather than get a ton of responses I would like to have an opportunity to look beyond the website.


I am not a big penny player as many have large O/S, execute R/S multiple times, and audited financials are seldom processed in a timely fashion or take years to complete. The CEO's of these companies appear to focus on two things a big pump and then a dump on the investors.

Not sure of the facts here knowing the risks when gambling in this specific arena so if you have any recommendations I'd like to hear about them.

Thanks,
Investor100

My Crystal Ball Says

There will be positive news coming from the Company, could be at any time keep your eyes open. IMO PAVC will work out fine for us who hold Restricted Shares.

GameGenie How about Donald Trump

A little info/background on the area of that refuge... What they need to do is put in one of those secluded hotels that caters to the rich and famous that wanna get away for like 100g a night =) now tha would be some numbers for ya =)

http://www.ecovoyager.com/destinations/CostaRica/cities/cities_item.asp?CityID=97

The_Pink_Lawyer Two Questions on Divedends

First, your opinion on AMSN I also have Restricted Shares from the BKMP Divedend.

Second, IMO.
From what I have seen a Company issueing Restricted Stock Dividends is not the way go.
Under Rule 144 it takes one year for you to be able to register the Stock and sell only a percentage for 3 months "to be a little more specific concerning the restricted sale of a security between year one and two:

This applies to OTCBB/PINKSHEET stocks.

A person may sell up to 1% (one percent) of the outstanding shares of the same class of company stock in any 90 day period.

This applies to NASDAQ/AMEX/NYSE

A person may sell 1% (one percent) of the weekly average of the 4 preceeding weeks immediately prior to submitting notice of the sale on form 144, OR...OR..OR A person may sell up to 1% (one percent) of the outstanding shares of the same class of company stock in any 90 day period, WHICH EVER IS GREATER.

The restriction is deemed to be lifted ONLY for shares sold at the completion of such sale. All shares NOT sold during this period will remain restricted, and subject to the remainder of SEC rule 144 as directed.There is also a cost to you to have the shares registered I think $150.00".

If you wait two years the Restricted Shares automatically become tradable

causeimdaddydamnit Thanks for your answer!

You are part of a good board here IMO

Posted by: causeimdaddydamnit
In reply to: same53 who wrote msg# 15844
Date:11/29/2006 11:20:48 AM
Post #of 15853

The easiest way to answer your question is like this:

The first thing I did this morning was an absolute "taboo" in trading...I sold a portion of one of my blue chips to buy a little more here. Dumb move? Time well tell, but you see where my money is!
**************************************************************

causeimdaddydamnit Question

First thanks for the update on the shareholders meeting.

Are their any doubts or Questions that you or others who attended the shareholders meeting have in regards to the CEO Mike T. and all the issues discussed?

Are their any doubts or Questions by you or others who attended the shareholders meeting that PYPR is not a Real Company and a good investment?

In your opinion what is the most important issue that you learned from the shareholders meeting?
Thanks
***************************************************************
REPORT!!!! Seriously, here's the deal...myself, 4Godwv, and Drugtester met with Mike Terrell for several hours today and again for several hours tonight. Here are the answers to the "question list". It's 1:38 AM here, and I'm going to post these tonight simply because I said I would! :) Going to bed now! Gotta get up in three hours!

1. SPECIFICALLY where are Revenues and Profits coming from?

Some profits are coming through the debit cards for payroll that we provide through Pay Pro.

Revenues come from the Microforest projects.Companies and individuals receive a tax credit for “ecology friendly” contributions. We collect a percentage of these donations as an “administrative fee” by brokering and marketing the forests.

We also own E-Biz Finance, a micro-loan company in Panama. We are the ONLY finance company licensed to do micro-loans and currency exchange on line. We do micro-loans of $100-$300 per month and have our loans repaid through payroll deduction from the employer. Loans are funded through our debit cards.

2. Does Paypro still have plans/intentions to be listed on the OTCBB? If yes…Would you be willing to share the company's plan for moving to the OTCBB?

Yes, and as quickly as possible. See question #3.


3. Audited financials for the 4th quarter would show more commitment for preparing for OTCBB listing. Any chance of this?

It will be difficult to have them for Q4 because of time. The stated goal is to have our first audited financials released for Q1 2007. We will file our first Q at that time. In order to move to the OTCBB, we need 2 years of audited financials. We will be working on getting our 2 years of audited financials by having 2005 and 2006 “back audited”. This “back audit” will begin early next year. Terrell still wants to go OTCBB “As soon as possible”.


4. Has the share buyback begun?

Only direct buybacks. Market buybacks will begin as soon as all compliance procedures are in place. Mike Terrell said that it IS possible to update us as the buyback progresses. He is considering as one possibility, doing this via the new website.

5. Could you clarify this footnote #2 in financials ? Its the implication that’s disturbing if the notes were called ....rate to be deterimed =how many shares and then be sold in market ect.
"The Company has received short term loans of operating funds. the notes are unsecured, non-interest bearing and due upon demand. The Company intends to repay the loans from the issuance of shares of it's common stock at a rate to be determined."

This was verbage that should not have been included in the financials . These “loans” are personal loans to the company by Mike Terrell, and will NOT be have shares sold to satisfy them.


6. Does the Company plan on opening up new Business Ventures in other regions of the World.

Company debit cards can be issued in 125 countries presently.

7. Is the Company looking into Merging with a larger company to get listed on a higher exchange? Reverse Merger.

No.

8. Who holds restricted stock in the Company and when will the Stock become unrestricted.?

Mike Terrell is the major shareholder.

9. What forms of financing will the Company use to expand?

Other than the sale of PDR’s… ”None, we don’t need any.” PDR’s are sold “project specific.”

10. PDR’s - What is the ratio structure? (i.e. How many shares of stock are in one receipt)? Is it the receipt that is priced at .04? When can the PDR’s be “cashed in”, and will that cause a sudden large sale of stock on the open market?
In reference to the PDRs, "never" hitting the float is a long time. I believe the last sentence quoted herein provides a clue. "A PDR can be cancelled for its underlying restricted shares at any time."

PDR holders may convert the PDRs at their option. At such time, the restricted shares would be issued as restricted stock with the restriction start date as of the date the restricted shares were issued for the PDR.
There are 10,000 shares of stock in one PDR. One of these PDR’s costs $400. (.04 per share).PDR’s are underwritten by “restricted” stock held in the
foundation. They can be “cashed in” at any time for their current value or the underlying shares. The value PDR increases as the share price increases.They can also SOLD to another party, as they are a “negotiable instrument”.


11. Does the Company have a plan to deal with and counteract the parties that are shorting the Company Stock?

Yes. Several options are being discussed. Terrell said he gets the DTC’s daily and the NOBO weekly in order to stay up to date on the shorts. He plans to aggressively fight shorting.

12. What kind of commission % are they getting. How much commission would Paypro earn on a $1 sale? 5%? 10%? At 10% commission, the principal would have to be 56 million in sales. Where is the explanation of how Paypro sells these microforests or whatever it is they are doing???

The commissions are all based on the individual “deal” See question #1.

13. Through which brokerage is the company buying back shares?

TBA

Will the company issue quarterly update PRs to summarize the number of shares bought-back for each period? (This is very important to the destiny of our pps and, if they're serious about doing following-thru, it will do nothing but bolster investor confidence.)

See question # 4

14. When is it expected that the revenues listed in accounts receivable will be converted to cash?

Quote: “Who said they haven’t already? The financials are a snapshot taken on Sept. 30th”

15. Could you describe the company’s organizational structure/hierarchy?

PANAMERSA is the parent “holding” company. Paypro and the Foundations,as well as E-Biz are subsidaries.

1 Chaiman
1 President and CEO
4 V.P.’s
1 Secretary
1 Treasurer

16. How many current employees, how many projected in the future?

We have 10-12 on our direct payroll at any one time. We outsource a lot of our work, such as the operation of call centers, etc.

17. What specific plans does PANAMERSA Corporation have for operating region AMERICA II (United States, Canada, & Mexico)?

Debit cards and marketing of micro-forests and tax credits.

causeimdaddydamnit Question

First thanks for the update on the shareholders meeting.

Are their any doubts or Questions that you or others who attended the shareholders meeting have in regards to the CEO Mike T. and all the issues discussed?

Are their any doubts or Questions by you or others who attended the shareholders meeting that PYPR is not a Real Company and a good investment?

In your opinion what is the most important issue that you learned from the shareholders meeting?
Thanks
***************************************************************
REPORT!!!! Seriously, here's the deal...myself, 4Godwv, and Drugtester met with Mike Terrell for several hours today and again for several hours tonight. Here are the answers to the "question list". It's 1:38 AM here, and I'm going to post these tonight simply because I said I would! :) Going to bed now! Gotta get up in three hours!

1. SPECIFICALLY where are Revenues and Profits coming from?

Some profits are coming through the debit cards for payroll that we provide through Pay Pro.

Revenues come from the Microforest projects.Companies and individuals receive a tax credit for “ecology friendly” contributions. We collect a percentage of these donations as an “administrative fee” by brokering and marketing the forests.

We also own E-Biz Finance, a micro-loan company in Panama. We are the ONLY finance company licensed to do micro-loans and currency exchange on line. We do micro-loans of $100-$300 per month and have our loans repaid through payroll deduction from the employer. Loans are funded through our debit cards.

2. Does Paypro still have plans/intentions to be listed on the OTCBB? If yes…Would you be willing to share the company's plan for moving to the OTCBB?

Yes, and as quickly as possible. See question #3.


3. Audited financials for the 4th quarter would show more commitment for preparing for OTCBB listing. Any chance of this?

It will be difficult to have them for Q4 because of time. The stated goal is to have our first audited financials released for Q1 2007. We will file our first Q at that time. In order to move to the OTCBB, we need 2 years of audited financials. We will be working on getting our 2 years of audited financials by having 2005 and 2006 “back audited”. This “back audit” will begin early next year. Terrell still wants to go OTCBB “As soon as possible”.


4. Has the share buyback begun?

Only direct buybacks. Market buybacks will begin as soon as all compliance procedures are in place. Mike Terrell said that it IS possible to update us as the buyback progresses. He is considering as one possibility, doing this via the new website.

5. Could you clarify this footnote #2 in financials ? Its the implication that’s disturbing if the notes were called ....rate to be deterimed =how many shares and then be sold in market ect.
"The Company has received short term loans of operating funds. the notes are unsecured, non-interest bearing and due upon demand. The Company intends to repay the loans from the issuance of shares of it's common stock at a rate to be determined."

This was verbage that should not have been included in the financials . These “loans” are personal loans to the company by Mike Terrell, and will NOT be have shares sold to satisfy them.


6. Does the Company plan on opening up new Business Ventures in other regions of the World.

Company debit cards can be issued in 125 countries presently.

7. Is the Company looking into Merging with a larger company to get listed on a higher exchange? Reverse Merger.

No.

8. Who holds restricted stock in the Company and when will the Stock become unrestricted.?

Mike Terrell is the major shareholder.

9. What forms of financing will the Company use to expand?

Other than the sale of PDR’s… ”None, we don’t need any.” PDR’s are sold “project specific.”

10. PDR’s - What is the ratio structure? (i.e. How many shares of stock are in one receipt)? Is it the receipt that is priced at .04? When can the PDR’s be “cashed in”, and will that cause a sudden large sale of stock on the open market?
In reference to the PDRs, "never" hitting the float is a long time. I believe the last sentence quoted herein provides a clue. "A PDR can be cancelled for its underlying restricted shares at any time."

PDR holders may convert the PDRs at their option. At such time, the restricted shares would be issued as restricted stock with the restriction start date as of the date the restricted shares were issued for the PDR.
There are 10,000 shares of stock in one PDR. One of these PDR’s costs $400. (.04 per share).PDR’s are underwritten by “restricted” stock held in the
foundation. They can be “cashed in” at any time for their current value or the underlying shares. The value PDR increases as the share price increases.They can also SOLD to another party, as they are a “negotiable instrument”.


11. Does the Company have a plan to deal with and counteract the parties that are shorting the Company Stock?

Yes. Several options are being discussed. Terrell said he gets the DTC’s daily and the NOBO weekly in order to stay up to date on the shorts. He plans to aggressively fight shorting.

12. What kind of commission % are they getting. How much commission would Paypro earn on a $1 sale? 5%? 10%? At 10% commission, the principal would have to be 56 million in sales. Where is the explanation of how Paypro sells these microforests or whatever it is they are doing???

The commissions are all based on the individual “deal” See question #1.

13. Through which brokerage is the company buying back shares?

TBA

Will the company issue quarterly update PRs to summarize the number of shares bought-back for each period? (This is very important to the destiny of our pps and, if they're serious about doing following-thru, it will do nothing but bolster investor confidence.)

See question # 4

14. When is it expected that the revenues listed in accounts receivable will be converted to cash?

Quote: “Who said they haven’t already? The financials are a snapshot taken on Sept. 30th”

15. Could you describe the company’s organizational structure/hierarchy?

PANAMERSA is the parent “holding” company. Paypro and the Foundations,as well as E-Biz are subsidaries.

1 Chaiman
1 President and CEO
4 V.P.’s
1 Secretary
1 Treasurer

16. How many current employees, how many projected in the future?

We have 10-12 on our direct payroll at any one time. We outsource a lot of our work, such as the operation of call centers, etc.

17. What specific plans does PANAMERSA Corporation have for operating region AMERICA II (United States, Canada, & Mexico)?

Debit cards and marketing of micro-forests and tax credits.

im a survivor your Credibility is Gone

You post statements yet when your asked to back them up you ramble on about nothing.
You posted misleading information and I as an investor in PAVC do not appreciate false and misleading information posted.
You never answered my Question, Why is that? What is your Agenda?

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<<I am survivor not so fast Buddy

Don't avoid the question, you made a statement now back it up with a answer. Your post below is False and Misleading.

A lot of people read your posts. I as well as others have an investment here in PAVC. I want facts and if you make a statement back it up.
You say you try to help people in their investments yet you post misleading information about PAVC and the fileing.>>

LOL...when did I say I was 'trying to help people with their investments??

In YOUR WORDS......Please back up your statement that I said I am here to help people with their investing.......Sheez..if anything, I have gone OUT OF MY WAY to tell people DONT LISTEN TO MESSAGE BOARD POSTERS...INCLUDING ME!!!! So, you claiming that I have claimed I am here to help people with their investing, is quite lame and noplace close to being truthful......ANYBODY that relies on a message board poster to 'help them invest', is looking for a quick ticket to the poorhouse, imo...

As far as 'backing up my statement'...LMAO...UM, OK..lets go back and read every post and I want to see everybody 'back up with facts', all the B.S. comments that MANY have made.....Wow, there has been more B.S. posted, NOTHING FACTUAL, then I can list. People are now beginning to get a bit negative, but go back to the beginning and look at YOUR OWN POSTS as well as those of many others....There was more PUMPY B.S. posted, NOTHING FACTUAL and nothing BACKED UP....OH yea...and did ANY of the MANY POSITIVE THINGS PUMPED BY MANY, actually happen??? So much POSITIVE PUMPY B.S. Posted, yet what has the company done? Have they done anything that was PUMPED many times, by many people on this board? NO!!

Lastly, I am not posting false or misleading ANYTHING....Nor do I have to answer to you...nor do I have to tell you names of anybody I spoke to or what was said. If I told you EVERYTHING I have been told by SEVERAL people involved with PAVC it would read like a horror novel and people would fall over each other running for the exits. The only thing I see this company doing is give verbal B.S. on the phone. And it is such royal B.S., I dont know how or why anybody could believe the MANY mistruths they tell people.......NO NEW BIZ...NO NEWS ON FINANCING...NO NEWS ON ANYTHING. They have said more times then I can count that they will be speaking up.....they have lied more times then I can count...I could go back a LONG ways and point out all the pure B.S., but just ignore everything prior to the merger.....since the merger, do people feel good that they were lied to how many times about how many things??? DO I need to list all the lies and if so, why? How can one not be paying attention and if you arent paying attention, then dont look to others for answers.....

As for the filings.....all I will say is maybe you should dig a little deeper looking for the correct answers....good luck to all.........