Replies to post #2109 on Super Hero Justice League Team America.

[overachiever]

Kudos to DeepBlue1 for the following email to Finegan. DeepBlue wasn't afraid to ask the tough questions. It will be interesting to see if Finegan tries to come clean with everyone or is nothing more than a prison punk for Terrell who will try to lie some more.

Posted by: DeepBlue1
In reply to: bicomet who wrote msg# 87847 Date:8/25/2007 4:09:25 PM
Post #of 87859

I never got a response to my email bicomet. I showed it to a few people and got varying responses to it's content and style.

Some said it was...Directed toward the wrong person/ too demanding/ too direct or confrontational, and was told that I wasn't likely to get a response because of those reasons.

I didn't think it was any of those things personally, and never intended it to be.[although I realized before I sent it that he may not be able to answer all of them, and that that would be perfectly understandable since he's so new to the company. He is and has been a shareholder for quite awhile though from what I've heard, so he's not ignorant of the situation I wouldn't think.]
But maybe it was inappropriate in some way(s) since I didn't get a response of any kind...at least not yet.

Here's what I sent to Jim Finegan. You can each decide for yourselves if you think it was inappropriate in some way.
=========================================================

Jim...
Are you aware that there is an effort underway to have certain officers of the company prosecuted for securities violations?
Two that I know of that are being targeted are MT and Theresa.

The main charge that I can ascertain from reading the boards is:

Sell, offer for sale or delivery, solicit subscrïptions or orders for, dispose of, invite offers for, or who shall deal in any other manner in any security or securities without being a registered dealer or agent.

This charge stems from the well known fact that people have been offered and have been sold PDRs over the phone by Theresa and MT. Theresa was making the calls from dallas and instructing people to wire money to a BofA account in Dallas.

So my FIRST of many questions to you is...
1...Can you explain to us why you think what they've done is not illegal and cite for us some legal definitions/rules/laws to use as ammunition so that we can use them to defend these actions by the company officers to those who would try to defame and destroy the company with these allegations?.... Or if you do think that laws have been broken, can you tell us what you plan to do to remedy the situation?...[Supposedly, "you can determine whether a registration statement is or was in effect as to a security by accessing the free SEC Edgar search machine at this URL:", according to one of the people claiming to be aiding in the assault on the company.]

http://www.sec.gov/cgi-bin/srch-edgar


*And, has the company been contacted by the Texas state SEC or the Federal SEC concerning these or similar allegations thus far?
*And, are PDRs STILL being offered and sold currently in this manner?
*And, are they still being sold at a discount to the minimum 1 and 2 year guaranteed prices?
*And, where did/do these PDRs that were sold/are being sold come from?
*And, are they/were they being sold to people other than North American investors?

2. Have MT's restricted shares that just came off restriction been sold or are they in the process of being sold?

3. Is the company selling shares on the US market, MT's or any others, through UBSS securities?

4. Can you give us a little history about your previously held positions and tell us why you think you're the best qualified person for this job?
---What positions did you hold at Merrill Lynch, Barton, Inc. and Wells Fargo?
---And would you explain your leadership roles, serving as vice president for W.A. Patterson, Inc.; president, CEO and compliance officer for Viking Financial; and president and CEO of Sierra Nevada Securities. Can you tell us how your experiences in these positions will aid you in your new position at PNMS.

5. How did you come to be hired by PNMS? Personal contact/friendship, formal application. How did they find you in other words?

6. Do you see this new position as a step forward in your career and if so why?

7. Some have sought to find record of your series 7 license to no avail. Can you direct us to where we can find it?

8. How much is the PR dept being paid? And when do you plan on firing the whole lot of them for incompetence?

9. Is Desimplex still in the picture or have they been/will they be, replaced by an organization or person with some real experience, talent, and motivation?

10. Are you of the opinion that there is a large illegal Naked Short position in PNMS stock?
* We'd like to see a copy of the PR that was written and submitted to the DTC for approval and publication that was then rejected by the DTC?
* We'd like to know the name and phone number of the contact person who originally said that the DTC was willing to help PNMS deal with the Naked Short Selling problem.

11. Do you feel confident that you have a full understanding of all the laws governing Panamanian Private Foundations and the relationships and limitations imposed by the foundation on all of the underlying companys involved in it? MT didn't and his ignorance of these rules and laws has caused a huge amount of trouble for the company.

12. Does PNMS have plans to abandon the US pinksheet market, and if so, when?

13. What is the current state of progress of EACH OF THE PROJECTS that have been PRd in the last months?
*Panama canal/ Theme park/ Toll road/ Airport/ Golf course/ Wildlife refuge/ Real estate projects/ others...

ALSO... Below are some other misc questions/posts/ideas that have popped up on the board that I have no answers for...

A. If PNMS US derives it's 30% income from Panamersa SA and it's operating entities and cannot divulge where it derived it's income from, what do they tell the IRS when they file income taxes?
PNMS US files income taxes yes?
Is PNMS US exempt from disclosing to the IRS where it derived roughly 70 million dollars?

B. Do you think this descrïption of you is an accurate assessment of your personality type and leadership style?

Posted

I spoke with Jim Finegan earlier this week. His personality type is quite different from MT's. I believe shareholders will find his approach to be slow and methodical, working through the issues one at a time.

I do not think he is the type of man that will be pressured into moving faster than he is comfortable with. Nor do I think he will set unreasonable goals in terms of timeframe.

He completely understands the current situation and offered neither excuse nor quick fix. He most definitely spoke as a man with a great deal of experience in investing.

He did not attempt to sugar coat anything, but was pointed and thoughtful in all areas of our discussion. I could tell that he had spent a considerable amount of time grappling with issues and pondering strategy.

C. Is this part of the "plan" for PNMS on the US market?

Posted

Actually, halting this particular stock might play out a little differently than most.

With most stocks shareholders become stuckholders as they have no market. Halting a stock does not negate a shareholders right to ask for certs.

Of course you have to have a market (like the PDR exchange) for that to make sense.

Gotta wonder in this case if someone might be actually trying to 'get' the stock halted.

I love a good twist on a twist.

--Last edited by steve on 2007-08-22 09:03:01 --

DeepBlue

Continuation and additions to my list of questions posted previously/above...

[Added to questions #10 concerning NSS]

* We'd like to see a copy of the PR that was written and submitted to the DTC for approval and publication that was then rejected by the DTC?
* We'd like to know the name and phone number of the contact person who originally said that the DTC was willing to help PNMS deal with the Naked Short Selling problem.

11. Do you feel confident that you have a full understanding of all the laws governing Panamanian Private Foundations and the relationships and limitations imposed by the foundation on all of the underlying companys involved in it? MT didn't and his ignorance of these rules and laws has caused a huge amount of trouble for the company.

12. Does PNMS have plans to abandon the US pinksheet market, and if so, when?

13. What is the current state of progress of EACH OF THE PROJECTS that have been PRd in the last months?
*Panama canal/ Theme park/ Toll road/ Airport/ Golf course/ Wildlife refuge/ Real estate projects/ others...

http://investorshub.advfn.com/boards/read_msg.asp?message_id=22365365

[stockasaurus rex]

yea dude, LOL @ the PNMS scammers. dont even have an office