PANAMERSA Corporation/ PayPro, Inc. CEO Retires 2 Billion Shares to Treasury Today
DALLAS--(BUSINESS WIRE)--Micheal Scott Terrell, President/CEO of PANAMERSA Corporation/PayPro, Inc. (Pink Sheets:PYPR), has returned 2 Billion shares of common stock to the company.
PANAMERSA Corporation/PayPro, Inc. CEO Micheal Terrell announced: “I have returned 2 Billion shares to the company’s treasury today in order to do my part to increase the stocks value to add value that directly benefits every shareholder. The change will not be reflected for a few days because we are in the process of changing Transfer Agents. My reason for moving those duties from our present Transfer Agent to Nevada Agency and Trust Company in Nevada was to consolidate the transfer duties with our long standing Agent of Record in Nevada. This change makes it more convenient as well as more cost effective for the company. I believe it is important for us to be as transparent and informative to our share holders as possible. I am happy to report we have completed the name change to PANAMERSA Corporation, have gotten the new cusip number, and will soon have our new stock symbol. Financials will be out on or before Feb 15th, as previously stated there will not be any reverse splits or dilution, and I will be adding a CEO Blog/update page, which will include share structure and share buyback information, updated daily, to our website www.panamersa.com.
“I encourage all of the shareholders who owned stock December 20th 2006, and want to receive their dividend, go to www.panamersa.com and register with the Foundation and submit your Broker Certification of Shares Form. If you are not able to register online or prefer to register by phone please give us a call at 214-774-4870 and speak to one of our representatives or if after hours leave a message and we will be glad to call you back and help you get registered.
“I would also like to wish each shareholder a `Happy New Year.' I am very excited because it is going to be a very good year for PANAMERSA Corporation and all of its share holders as we become very profitable, a fully reporting company, graduate to the bigger boards, and execute our business plan and vision.”
About PANAMERSA Corporation/PayPro Incorporated:
PANAMERSA Corporation/PayPro Incorporated (PYPR) 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, and is engaged in global e-commerce and e-biz Solutions offering interactive e-commerce and e-biz Programs. PANAMERSA Corporation / PayPro offers a range of goods and services ON LINE as follows:
prepaid debit 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.
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