Eagle Worldwide Inc.(fka ELWD)

[Distracted Scientist]

Ezzo,

"Please excuse my intrusion. I am not answering for Banana, but for myself."

No intrusion. You would have to be near the top of the list of such people.

"The mindset that due diligence is confined to prior press releases and I-box/web site info is laughable at best. The thought of actually calling the company for information on most PK and BB issues is outrageous."

DD has not been confined by anyone (?). And, again: good place to start, but always do your own DD.

"I don't expect you or anyone else to do my homework. Likewise I don't expect anyone else to tell me that I should trust only certain sources."

Who said anything about trusting only certain sources?

"First and foremost, the validity of a new company rests with two things: management and product appeal."

These have nothing to do with validity; success maybe.

"Management: well who are Mike Terrel and the host of characters on the BOD? Never heard of any of them."

You could say the same about almost every single company out there. What does that have anything to do with the validity of this company? In fact, if you think about it, it is actually pretty good that MT does not have prior infamy... prior infamy is usually a bad thing.

"Terrel may have smarts in filling debit cards, but what association does that have with the nebulous "commercial integration"?"

I have answered this for you several times before (one example: #msg-18565035).

The concept is to essentially allow banking through debit cards for individuals who otherwise could not formally access the banking or credit systems. This alone would allow the majority of Central Americans to begin to lift themselves out of third world conditions, by simply giving them access to modern banking. The goal is to allow the Central/South American nations to better integrate themselves into the economic development of the Western Hemisphere, in order to better promote social and financial equality among all Pan Americans.

"I see this phrase in every one of their press releases."

It is the goal of the Foundation.

"It holds no value until you define it."

Why until I define it? The phrase is defined in nearly every one of their press releases. Read the whole sentence.

"It is nothing more than a "brand" he is trying to push off as being new and a legacy for modern investment strategies."

I think that you missed the point.

"Sorry to say, but Depository Receipts and Certificates have been around for years. Trading in protected markets that ensure confidentiality (tax havens) has been around since the IRS first got its legs. There is nothing new here."

So, what is your point?

"There is no re-making of history here."

I think that you missed the point, again. History would be made in regards to the commercial integration of the Latin American economies into the economic development of the Western Hemisphere, promoting a unified Pan American economy. The Depository Receipts and Bonds are merely vehicles for providing stability for investments and for raising capital for infrastructure projects that would aid in the development of Latin America, respectively.

"It’s simply a rehash of what Central Americans have been doing for years. Selling land to Yankees etc. That’s it. Show me otherwise."

From where do you contrive that? Show me please.

"Now the issue of product appeal.
Talk about insurance companies, pirate theme parks, eco-systems, toll roads, canal widening etc are all exactly what? Non- events. Not money makers."

Not money makers... are you serious?

"Tell me and break it down really good please…which divisions of PNMS or the Fundacion, sold what and for what amount? Please omit the selling of “Commercial integration”. That does not sell at the corner store does it?"

All of the income derived from operating subsidiaries are already broken down in the financial documents, the same as they are in all financial documents that I have ever seen. Please find me any financial document that lays out who sold what an for how much (other than major financial transactions, such as acquisitions). The financials are for PNMS, not the Foundation.

"Then we have the guarantees and promises…backed by assets no less.."

What is your point?

"First it was that a “beneficiary” had posted a gold reserve as an asset…...that is gold in the ground to support the receipts."

The gold is in the Foundation, not the ground.

"Is there a 1043 to show for this?"

For the assets of a South American company that are stored within a Panamanian Foundation?

"When this could not be supported, this it was upgraded today to “1 million ounces of gold in the bank”……no less."

"PANAMERSA IV will convey 3500 Hectors of mineral reserves and one million troy ounces of gold to the foundation, bringing more than $700 million in assets to the foundation." See: http://www.panamersa.com/news/detail/47

"I do respect your opinions as they are well stated. I just have to wonder how much of that is supported by the “faith” factor. Faith has no place in PK and OBB land. It has no place in the investment world ….period."

I have never supported anything that I have said with "faith". In fact, you can usually consult the sources, because I always provide links. And, I rarely provide my personal opinions.

I invest based upon DD, or swing trade based upon technicals. But, how I invest is none of your concern. You can be sure that I do not take advice blindly from strangers, and I am not easily manipulated without substantiation. In a nutshell, I think for myself: there is no one more qualified to do so.

"Unlike you and a handful of others here, I do not take a CEO’s word as gospel…..ever."

Unlike me? I have never done so. In fact, I rarely even talk with MT... he is always busy. But, one of the best sources for information regarding a company is always the CEO. It just takes some initiative and patience to contact them.

"I do not accept statements made unless they are corroborated by credible third parties. I never…and I say …NEVER….. accept a financial report that shows anything other than having been stamped by an SEC accredited auditor."

Then stay away from the Pinks.

"The statement “I certify this financial report” given by a CEO gives me shivers."

OK. They also had a CPA do so.

"Like I said, your posts are generally well written, but this one is nothing more than an affront to another poster."

I have attacked no one.

"I suggest that you re-read what you posted and apologize to Banana."

I have now re-read it, and I think that you should also. Very important information. IMO.

"You sir are the one biting the hook…not banana. He is doing what true investors do….find the truth."

If you are referring to investing in the company, then you are correct. True investors find the truth, and then invest. But, that is not his intention, and that is not your intention. In fact, he is among the group that gets upset when confronted by the truth, and excited by any disinformation. Strange huh?

"Having said this, kindly advise of the identity of the most benevolent patron who donated ONE MILLION OUNCES OF REFINED GOLD."

Panamersa IV Ecuador S.A., as previously mentioned. But, they are not exactly a benevolent patron; they are a member of the Foundation.