It looks like they don't believe Ten Large down in Panama either.
Concerning the Boquete project, we find the following comments in a Panamanian blog:
Another big project for Boquete
"Well, the projects in Boquete, Panama real estate just keep on coming. Now we are up to 42 and this ones a "whopper" at $2-3 BILLION. I had expected a large project was coming when a long time friend in Boquete told me they sold his huge family farm last year. Apparently the buyer is a listed company on some penny stock exchange (trading at .0037 per share) involved in E commerce. I would say this is a very different type of developing than they have done in the past. I wish them a lot of good fortune in their endeavor, although they may want to reconsider the name Las Huaces, which means an Indian burial ground. It was a popular cemetary site in pre-Colombian times. Like I always say, more brings more!"
"This sounds pretty shady. By my calculation they are planning a 955 hectare project with costs of $2-3 billion?! Which equates to between $2-3 million per square meter. Sounds like some scammer trying to pump his penny stock and then dump it on the market. If you look into their history the company used to provide Ostrich supplies before moving into E-Commerce...Land development seems like a logical next step.
News 
Market Data 
Discover 
AI
