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Re: HotStocks1 post# 88209

Wednesday, 08/29/2007 5:06:32 PM

Wednesday, August 29, 2007 5:06:32 PM

Post# of 114953
I know of 38 million

38 million more PNMS certs are being mailed to IR. That is a Fact.
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I would say from the blog that there are well more then 4B in PDR's. It says almost 4B plus whatever certs have been sent in by shareholders.

There are approximately 5.6 billion shares outstanding and Fundacion Pan America holds almost four billion shares in the form of PDRs, with this number increasing daily as member convert their shares. The float in PNMS shares is slowly contracting as the conversion process continues.

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