suedunnell wrote: Hi Again - I should add my name to comment #1 above and ask that if anyone has questions, they can either post them here or ask me directly:
Sue Dunnell
PowerBuilder Product Manager
978 287 1752
sue.dunnell@sybase.com
DALLAS, TX and PANAMA CITY, PANAMA -- (MARKET WIRE) -- 06/08/07 -- PANAMERSA Corporation
(PINKSHEETS: PNMS) is reporting that all shareholders who had certificates
as of December 20, 2006, and have requested to be a part of the foundation,
have been issued their land dividends via Fundacion Pan America. This
accounts for 64 percent of the total land dividends or 490,000 square
meters.
To date, PANAMERSA Corporation has had trouble gaining full cooperation
from brokerage firms, therefore the company is asking each shareholder who
held PNMS (formerly PYPR) stock as of December 20, 2006 to download the
broker certification form to have their broker certify the number of shares
held. This will enable the company to verify the number of shares held and
issue the proper land dividend within the foundation. To assist in this
matter, PANAMERSA Corporation has set up an e-mail address for instructions
at dividend@panamersa.com.
"Many of you applied to be a part of the foundation at the beginning of the
year, however, many submitted incomplete information or misinformation on
the application," said Terrell. "We are asking that you re-apply with a
new application to be sent in with your certification forms so
representatives can make any corrections necessary to bring the account up
to date and issue the corresponding number of square meters to your account
in the form of PDRs."
Corobici Wildlife land dividends will be restricted from PDR Exchange
trading until July 15, 2007. This will allow all shareholders an equal
opportunity to receive their dividends.
"We want everyone to have a level playing field for trading," said Terrell.
"Restricting trading on the dividend specifically will give all
shareholders ample time to receive broker certification."
PANAMERSA Corporation (PINKSHEETS: PNMS) is a holding company for a group
of business enterprises which promotes the commercial integration of Latin
America into the economic development of the Western Hemisphere. PANAMERSA
Corporation is engaged in global e-commerce and e-biz solutions offering
interactive e-commerce and e-biz programs in addition to a range of goods
and services online including: prepaid Debit cards; e-commerce merchant
accounts; life insurance policies, gold transactions; telephony services,
text messaging, VoIP, MicroForests properties, real estate investment
participations, fixed and variable income real estate properties in Costa
Rica and Panama, offshore financial services, asset management and
protection; travel services, leisure, business, health, relocation
services, and digital marketing services. For more information, please
visit www.panamersa.com.
Forward-looking statements are not historical facts as "forward-looking
statements" defined in the Private Securities Litigation Reform of 1995.
Forward-looking statements are not guarantees of future performance. Our
forward-looking statements are the result of profound analysis on trends in
our globalizing economies that we anticipate in our industry. It is our
good faith vision and estimate of the effect on the globalization,
integration and electronic business trends will have on our company. Our
statements are also subject to risks and uncertainties beyond our
reasonable control that could cause the results of operations to differ
materially from those reflected in our forward-looking statements.
Market News First
Angela Junell
214-461-3411 ajunell@MN1.com