Lets look At Todays Press Release: PNMS
PDR Exchange (Panama), Inc. will be an operating company of Fundacion Pan America and will be the engine used to trade receipts issued by Fundacion Pan America. Known as a Pan American Depository Receipt (PDR), it allows beneficial owners of the Fundacion to buy and sell PDRs online anywhere in the world. This will in effect create a private trading system that is open 24 hours a day, 7 days a week to anyone in the world who has a computer and is a beneficiary of the Fundacion. The beauty of the system is it completely eliminates any naked shorting or manipulation of Share Price (PPS) by brokers and market makers, while giving the individual beneficiary complete anonymity.
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( Observations )
This PDR platform is open 27/7 for traders whose shares are located in the foundation. Since this will be a trading platform I assume the foundation determines the value ( if not them then who each trader?)
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The company is doing great but our shareholders are taking a beating so I have offered all our shareholders a one year minimum price Guarantee of $0.02 per share and a 2 year Guarantee of $ 0.04 per share if they will pull their certs and become a beneficiary of the Fundacion. This will be the new way of doing business on a global scale and is the wave of the future.
When will the platform be ready for trading and are there any fee's related to it?
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PNMS states that they will guarantee .02 for one year PDR and .04 for the second year. That is fine and great returns but what if there are any legal problems be it BK or some form of litigation, etc what are those guarantee's if any? Some posters mention "Gold" as it backing but I see nothing to that effect in this PR.
Lots of food for thought on this one as I am inclined to do a 50% PDR and hang onto the other 50%.
GLTA.
Investor 100
