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Thursday, 03/22/2007 1:05:05 PM

Thursday, March 22, 2007 1:05:05 PM

Post# of 114953
E-Mail received from Pedro Borges:

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Good morning and God bless you all,

I am unable to write directly so I am using a contact in America II to send this email. I need to clarify an issue brought to my attention by the monitors. Please post this as follows:

1. I have been advised by phone of certain emails that have been sent to my attention at pborges@panamersa.com. I would like to tell you all that soon certain information that you have requested will be delivered.

2. The relationship between Panamersa and a Mr. Jerry O'Steen is a personal one.

3. The gold reserved that has been referred to by Mike Terell,the CEO of Panamersa Corporation, are located in a country in the America IV region. This is a project of Fundacion Pan America and its operating unit Pan America Sociadad Anonima (MMVII).

4. I only want to ask you to stand by until PR's regarding gold reserves are made.

5. Please do not speculate with the unknown. It is very bad for the image of your company Panamersa Corporation registered in the state of Nevada and HQ in Dallas, Texas.

After Sunday the 25th I will be able to communicate in a normal basis. Please allow your President and CEO of Panamersa Mike Terrell do his work.

Thank you for your attention Panamericans,

Pedro Borges Fiol
Foundacion Panamerica



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