As noted before in answer to your same questions,Corporations names are required to reasonably reflect operations.
To do so, CWRN(the parent)will change their name to Pan American Mineral Ventures LLC,registered/domiciled in Nevada(as is CWRN),as noted in 11-22-10 PR.
When name and cusip # change is official,as I understand it CWRN name will no longer be used(11-22PR "By consent,the BOD has approved the name change of Cotton and Western to Pan American Mineral Ventures"[noted as a LLC incorporated in Nevada -see rest of PR],and CWRN stock symbol will change to something reflecting the new name.
As 11-22-10 PR says,"the company shall submit to NASDAQ the request for name change together with a new CUSIP # in early Jan 2011".
I.e, from CWRN to Pan Am LLC Nevada(still the parent -still registered/domiciled in the USA).
This has NO EFFECT ON THE STOCKHOLDER except shares will probably have a new stock symbol-same company-just a name change-nothing to worry about.
CWRN is now de facto Pan Am-USA,a U.S. corp registered in Nevada and is the largest shareholder w 1.75 B shares(I'm guessing these are either Bob's shares[in a sense Bob is CWRN-all insider shares are held by Bob,his wife and family members]or a combination of Bob and his wife's shares.
As I understand it, until the name and cusip # change is official w the SEC etc, the new name-Pan Am [of Nevada registry] is conveniently called an affiliate.
Pan Am of Mexico(S.A.de C.V.Baja) is a wholly owned subsidiary owned by CWRN(through Bob and his wife's shares),as I understand it, in and through a corporate trustee agreement between Bob and his wife.
This may be confusing to people without business or law experience-and thus you bring it up-but there is nothing unusual(except Bob and Sharon are happily married and work together) or out of place.
You've said several times you won't post anymore but continue to raise questions designed to raise doubt. Most of your questions have already abundantly been answered by my and ITMD's etc posts and you are confusing the issues.
