This part of the blog intrigued me:
To that end, as of Nov. 1, 2007 the exchange no longer offers the automatic conversion of pink sheet certificates for PDRs, and Fundacion Pan America is no longer automatically furnishing a guarantee of .02 cents for 1 year and .04 cents for two years.
Automatic conversion could mean deposit of PNMS certs will cost a fee. If the exchange is going gangbusters, there would be an honest market to trade in for the shareholders of PNMS...and that should be worth a premium.
The guarantees are done. Also note the following: There are always special instances for those who have proven to be loyal and long, but admittance into the exchange and Fundacion Pan America will no longer be an assurance. Just owning shares won't carry automatic entrance and IMO, will serve to narrow the members to long holders interested in asset building. It certainly won't be a place to "flip" so the day traders and manipulators will have no access to this playground. I'd also think that since it's a "private club" the Fundacion has the authority to pick and choose its members.
The thirty days...perhaps a buffer for those "in good standing" to convert certs to PDR's...just thinking out loud.
News 
Market Data 
Discover 
