PayPro Inc. Announces Important Message to Shareholders and PDR Holders from Micheal Scott Terrell, President & CEO and Pedro Borges Fiol, Chairman
Nov 27, 2006 10:24:00 AM
Copyright Business Wire 2006
DALLAS and PANAMA CITY, Republic of Panama--(BUSINESS WIRE)--PayPro Inc. is currently undergoing a very rapid and fundamental evolution to become a group of dynamic, forward-looking business entities. In addition to its former business interests, this group now includes entities dedicated to promoting and assisting the Commercial Integration of Latin America into the Economic Development of the Western Hemisphere and the sustainable protection of Earth's Flora, Fauna and Water Resources through the MicroForests Program.
The name PayPro Inc. no longer clearly reflects the changes which have occurred nor those still to come. To clarify the planned evolution of PayPro Inc. from a pink-sheet penny stock company into a NASDAQ-listed Pan-American Enterprise and a clearly-defined forward-looking vision and Business Plan, will be re-named the PANAMERSA Corporation.
PANAMERSA Corporation will be headquartered in Dallas, Texas with an operating Latin American Division headquartered in Panama, the Hub of the Americas. The company will include a Board of Directors comprising a Chairman, President & CEO, a Senior Vice-President and 4 Vice-Presidents, Secretary and Treasurer. This group of well-qualified Pan-American professionals will oversee the implementation of our Business Plan in the company's four operating regions which are as follows:
AMERICA I The Caribbean
AMERICA II United States, Canada, & Mexico
AMERICA III Central America & Panama
AMERICA IV South America
These changes will have a major positive impact on the Consolidated Balance Sheet of the off-shore Business Entities which will eventually become part of the NASDAQ-listed, Pan-American Enterprise.
We wish to assure our current shareholders and PDR holders there will be no dilution, their interests will be carefully protected throughout all of these changes, and we will strive to keep you all fully informed of events by means of Press Releases to avoid any confusion or uncertainty which may arise as a result of rumor or miss-information.
Finally, we would like to express our very sincere thanks to all our shareholders and PDR holders for their continued loyalty and commitment to PayPro Incorporated.
About PayPro Incorporated:
PayPro Incorporated (Pink Sheets:PYPR) is a global e-commerce and e-biz Solutions Company offering interactive e-commerce and e-biz programs. PayPro offers a range of goods and services ON LINE as follows:
Visa prepaid cards; e-commerce merchant accounts; Life insurance policies, Gold transactions; Telephony services, Text messaging, VoIP, Micro forests 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.
Forward-Looking Statements is not historical fact 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.
Source: PayPro Inc.
