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If It’s Worth Doing, It’s Worth Doing...Twice?
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
Jul. 3, 2009 03:52 PM EDT
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From the Wires
PANAMERSA Corporation Reports Large Portion of Dividends Issued
PANAMERSA Corporation Reports Large Portion of Dividends Issued

By: Marketwire .
Jun. 8, 2007 03:52 PM

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

Published Jun. 8, 2007— Reads 270
Copyright © 2007 SYS-CON Media, Inc. — All Rights Reserved.
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