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Re: fonzzz post# 87521

Tuesday, 08/21/2007 5:48:42 PM

Tuesday, August 21, 2007 5:48:42 PM

Post# of 114954
I just said Panamersa does not earn money itself.
I know the money earned by the underlying companies is held by pnms.....however those companies are part of a Panamanian foundation and they can not have their privacy violated just because their holding company is traded in the US.
US law can not override the privacy laws of a Panamanian foundation. If anything...this issue will prevent pnms from ever moving to a higher exchange unless they make some structual changes?
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