PANAMERSA Corporation/PayPro, Inc. CEO Retires 2 Billion Shares to Treasury
Dec 14, 2006 12:35:00 PM
Copyright Business Wire 2006
DALLAS & PANAMA CITY, Republic of Panama--(BUSINESS WIRE)--
Micheal Scott Terrell, President/CEO of PANAMERSA Corporation/PayPro, Inc., a US Public Company, based in Dallas, Texas, U.S.A., released the following statement: "I informed the board that I will be returning to treasury 2 Billion shares to the company Jan 5, 2007.
"These next few days mark an important time for our shareholders and our company. Any day we will officially be known as the PANAMERSA Corporation. As the CEO of the PANAMERSA Corporation, I want every shareholder to understand this is not just a name change. It is an idea, a vision, that was born over 30 years ago whose time has come. Each of you have had a very limited and preconceived view of this company. You have expected and looked for a new company still in its infancy. PANAMERSA is an International Holding Company for a growing group of business enterprises who are promoting the commercial integration of Latin America into the economic development of the Western Hemisphere and the world. As a Pan American and CEO of PANAMERSA Corporation I am totally committed to the development of the region while protecting the Earth's Flora, Fauna and Water Resources through the MicroForests Programs.
"I want to assure all shareholders of record on Dec. 20th 2006 they will receive the dividend they are entitled on the 22 of January 2007. Brokers and dealers must certify shares owned on the date of record and provide an accurate accounting of total number of actual PYPR certificates held by the broker."
