Saturday, November 01, 2008 5:53:57 PM
Greetings Mr. Fiol,
First of all, I want to thank you for attempting to communicate with the shareholders regarding the audit conducted on the PDR.
The rhetoric you used in your communication with the shareholders was stunning at best. A lot of us are confused by your news.
I’m a very simple person Mr. Fiol. I don’t have much, I didn’t invest much but it was all I had. I don’t consider myself an idiot. I, like many others thought Panama was our friend and we were very excited about the prospect of building wealth while helping the country of Panama which would in term “save” our environment and help many others. As you have said you and Mr. Terrell have been close friends for the past two years. You are the “Founder-Protector of FUNDAPAN”. I find it difficult to believe that in the past two years as Founder and Protector of FUNDAPAN you sir have not been privy to the millions that have gone into “the account”. That after two years apparently, “PDREX” in an effort to create rapid growth and outstanding results in the case of the pnmsPDR’s, a situation emerged where a large number of the pnms shares intended to go to “FUNDAPAN” were never forwarded to “FUNDAPAN”. Sir, this is incredibly hard to believe and quite interesting given the timing (when guarantees are up). Mr. Fiol, I believe there is another side to this story that we, as shareholders deserve to hear. I feel there might and I say “might” be a very good reason why you haven’t been able to reach Mr. Terrell. I spoke to Mr. Terrell only weeks ago and he was incredibly upbeat, offering his number to anyone who had concerns about the exchange; reminding me that all he had went into the Exchange as well. He is a visionary Mr. Fiol, and he shared his vision with you and entrusted you with our money which all of a sudden there seems to be “large amounts of transfers missing”. How?
It’s very simple Mr. Fiol. We, as shareholders know when our money was wired and where the money was wired to. We have certificates and receipts to prove this. The money went into an account in New York and then wired to Panama; not Mr. Terrell’s personal account. You Mr. Fiol are in Cuba/Costa Rica/Panama; Mr. Terrell is in Dallas. The money was wired to the bank in Panama where you Mr. Fiol were supposed to protect and oversee it for us. And I feel that that is exactly what you are doing; handling our money. It’s simple arithmetic. All the information about every shareholder and what they deposited and hold is in the PDR Exchange. I’m sure for the past two years you have been privy to this information Mr. Fiol. I find it hard to believe in week’s time, that now Mr. Terrell is the bad guy here. I can assure you he doesn’t have millions. And he doesn’t have the “missing” money.
I want to know who is conducting this audit Mr. Fiol. I want the people conducting the audit to tell us why an audit was necessary; what is the meaning of mismanagement of funds. You are the gatekeeper Mr. Fiol; the gatekeeper of the FUNDAPAN. I would like as a concerned shareholder to ask all parties involved to meet and discuss this situation for its final resolution. Making threats and accusations has only caused confusion. We, as shareholders don’t know the whole story. I cannot simply accept what you are saying Mr. Fiol as the truth. I, like all the other shareholders, want very badly to hear from Mr. Terrell. On his last blog, he said that our PDR’s were safe. We need to know this to be true. We also want to know why the 1 year guarantees were not honored. If it’s because the PDR Exchange wasn’t “ready”, we want to know why. It’s really very simple. Communication to the shareholders from Mr. Terrell is imperative. We respect him. Otherwise we would not have entrusted our livelihoods to him. We know him as an upright business guy with integrity. I do not know your credentials Mr. Fiol.
My hope Mr. Fiol is that you sir step up to the plate and do what’s right. My hope is if it is you that has betrayed your oath to Mr. Terrell as a partner and visionary that you come to your senses and stop this situation in its tracks and make it right. May God be with you Mr. Fiol.
Thanks for listening
First of all, I want to thank you for attempting to communicate with the shareholders regarding the audit conducted on the PDR.
The rhetoric you used in your communication with the shareholders was stunning at best. A lot of us are confused by your news.
I’m a very simple person Mr. Fiol. I don’t have much, I didn’t invest much but it was all I had. I don’t consider myself an idiot. I, like many others thought Panama was our friend and we were very excited about the prospect of building wealth while helping the country of Panama which would in term “save” our environment and help many others. As you have said you and Mr. Terrell have been close friends for the past two years. You are the “Founder-Protector of FUNDAPAN”. I find it difficult to believe that in the past two years as Founder and Protector of FUNDAPAN you sir have not been privy to the millions that have gone into “the account”. That after two years apparently, “PDREX” in an effort to create rapid growth and outstanding results in the case of the pnmsPDR’s, a situation emerged where a large number of the pnms shares intended to go to “FUNDAPAN” were never forwarded to “FUNDAPAN”. Sir, this is incredibly hard to believe and quite interesting given the timing (when guarantees are up). Mr. Fiol, I believe there is another side to this story that we, as shareholders deserve to hear. I feel there might and I say “might” be a very good reason why you haven’t been able to reach Mr. Terrell. I spoke to Mr. Terrell only weeks ago and he was incredibly upbeat, offering his number to anyone who had concerns about the exchange; reminding me that all he had went into the Exchange as well. He is a visionary Mr. Fiol, and he shared his vision with you and entrusted you with our money which all of a sudden there seems to be “large amounts of transfers missing”. How?
It’s very simple Mr. Fiol. We, as shareholders know when our money was wired and where the money was wired to. We have certificates and receipts to prove this. The money went into an account in New York and then wired to Panama; not Mr. Terrell’s personal account. You Mr. Fiol are in Cuba/Costa Rica/Panama; Mr. Terrell is in Dallas. The money was wired to the bank in Panama where you Mr. Fiol were supposed to protect and oversee it for us. And I feel that that is exactly what you are doing; handling our money. It’s simple arithmetic. All the information about every shareholder and what they deposited and hold is in the PDR Exchange. I’m sure for the past two years you have been privy to this information Mr. Fiol. I find it hard to believe in week’s time, that now Mr. Terrell is the bad guy here. I can assure you he doesn’t have millions. And he doesn’t have the “missing” money.
I want to know who is conducting this audit Mr. Fiol. I want the people conducting the audit to tell us why an audit was necessary; what is the meaning of mismanagement of funds. You are the gatekeeper Mr. Fiol; the gatekeeper of the FUNDAPAN. I would like as a concerned shareholder to ask all parties involved to meet and discuss this situation for its final resolution. Making threats and accusations has only caused confusion. We, as shareholders don’t know the whole story. I cannot simply accept what you are saying Mr. Fiol as the truth. I, like all the other shareholders, want very badly to hear from Mr. Terrell. On his last blog, he said that our PDR’s were safe. We need to know this to be true. We also want to know why the 1 year guarantees were not honored. If it’s because the PDR Exchange wasn’t “ready”, we want to know why. It’s really very simple. Communication to the shareholders from Mr. Terrell is imperative. We respect him. Otherwise we would not have entrusted our livelihoods to him. We know him as an upright business guy with integrity. I do not know your credentials Mr. Fiol.
My hope Mr. Fiol is that you sir step up to the plate and do what’s right. My hope is if it is you that has betrayed your oath to Mr. Terrell as a partner and visionary that you come to your senses and stop this situation in its tracks and make it right. May God be with you Mr. Fiol.
Thanks for listening
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