Fundación Pan America

[Mikefl]

News Out - :)


Major Restructuring of PANAMERSA Corporation (PNMS:PK)
PANAMA CITY, Panama--(BUSINESS WIRE)--Pan America Sociedad Anonima (MMVII) PANAMERSA the founder of Fundacion Pan America (FPA), a Panama Private Interest Foundation, as the majority shareholder of PANAMERSA Corporation (PINK SHEETS: PNMS), announces that The Foundational council unanimously appoints Pedro Borges Fiol as its President.

“PANAMERSA Corporation, (PNMS:PK) is a small but important piece of a Pan American movement, which will provide a unified and balanced approach to solving the problems we face as people while providing a place in the capital markets such as: PK and the PDR Exchange. The actions of the board today reflect the importance of preserving PANAMERSA Corporation (PNMS:PK) and its commitment and determination to protect ALL minority shareholders,” stated Borges. In an effort to enhance shareholder value, the following changes have already begun:


1. The necessary forms have been filed with the Nevada Secretary of State's Office to finally reduce PNMS:PK authorized shares (A/S) from ten billion to six billion.

2. PNMS:PK, has been reclassified as a beneficiary company of FPA. PNMS:PK will no longer be an operating company of FPA, but instead, will become a beneficiary company of FPA. This change which will allow the release of better financial information related to the fund.

3. PNMS:PK has become an investment-development FPA Fund Company. The fund will be deriving its income from a 30% participation in FPA's group of companies, involved in the Commercial Integration of LATAM including: conservation, real estate development, construction industries, mining, telecommunications, energy, tourism, and infrastructures development.

4. PNMS:PK will open an office in Costa Rica, the Pan American Business Center.

5. A new CEO, CFO and Board of Directors will be named within 60 days from the 29th of Feb. 2008.

6. PNMS:PK stockholders and PDR holders will have the option to convert to a PDR Gold instrument for various terms at a fixed interest rate.

7. An effort will be made to ensure that all PNMS:PK shareholders have the ability to get information within seventy two hours of their request when properly requested and after verification of identity.

8. PNMS:PK saw a substantial increase in revenues, during 2007, and projects that this trend will continue. More specific information will be made available soon.


“We have all worked hard in the four regions during 2007 and will continue to do so for ALL WITHOUT FRONTIERS during 2008 and many more years to come. We will become Team AMERICA. Additionally we will continue to ensure the interests of all. Today’s plan does that. I enthusiastically support today’s actions and I am hopeful to receive the support of PNMS:PK shareholders and PDR holders,” Borges said.

Additional news releases related to the restructure will be forthcoming in the next few weeks on our news release section at the http://panamersa.net.

(MMVII) PANAMERSA, Fundacion Pan America its operating, beneficiaries and associated companies (Grupo PANAMERSA), are promoting and leading the commercial integration of South, Central America and the Caribbean into the economic development of Pan America (the western Hemisphere) while protecting our forest, flora, fauna water and mineral resources. The primary countries participating are twenty-two sovereign nations to be known as the Americas.

The long term goals of those participating in the commercial integration of Pan America (America I, II, III & IV) are; that while each member Nation is sovereign unto itself, we must see past our differences and work together as a team to face globalization and global warming and protect the interests for all, without frontiers.

Contacts
PANAMERSA Corporation
Pedro Borges Fiol, President, [phone]
or
[phone]