PanamersaLast day to get Cheap Shares Everyone!
Bigger Squeeze is verging up
Let me provide a real update, since this thread is fact and DD void. I'm seeing pumping and bashing on both sides, both uninformed. It's fair that a negative response is yielded from the pumping, which has been shallow. However the pumping does not incriminate or invalidate the company or the stock.
The PDR exchange has gone live. A handful of quick investors who pulled their certs a month ago, and boarded the PDR trading system have sold their shares at .0118 or so, which was a 500-900% profit, depending on where they bought in for the most part. Nobody has been able to wire money out of the system yet, while the company works out the "test wires" to cash out PDRs. We'll know in a week or two if people were able to actually cash out or not.
I believe that is what caused a cease in the panic buying run, and the correction we saw the last 2 days. When the 1st person pulls their cash out (if, I should say) there will be a massive run to .01 or close, from wherever the stock is at. Some investors of course don't want to go through the paperwork hassle, and will flip out at a lower price, so there should be some lag before .01 is broken in share price, but personally I think that is what will happen.
I agree with you about Savvypicker7. I hate straight out pump jobs and I have seen his posting on several other message boards. Lebed was involved with a third party pump of this stock a while back. He helped it run to .008 and then the bottom dropped out like mist other stocks he gets involved with.
I prefer a stock rise gradually basing higher as it goes like this stock is now.
You raise some good questions about trading on the PDR exchange. 99 out 100 I would never send for Certs because of the lack of liquidity that you speak of. I'm not advocating that anyone do that here because everyone needs to assess their own Risk vs Reward tolerance. There will be other issues trading on the PDR exchange, not just the PDR's backed by shares of PNMS. So in essence you could sell PDR's based on PNMS and buy PDR's for bond issues or other projects or even other companies.
I have done extensive research on Panama and what is going on in that country. It's booming. I'll post a few things I have found later that have to do with Panama in general. In fact after reading the info, I've considered retiring there. But that's another story.
You asked why Panamersa would guarantee .02 for 1 year and .04 for 2 yrs. Well from My DD, I would surmise a couple of reasons. First, they always intended to open the exchange and need to get people to start trading. What better way than to take over a U S company and hve people trade in their shares for PDR's? Now how do they get people trading on the US exchange to go through the trouble and do this? You have to guarantee them something so the .02 and .04. Panamersa believes that they will never have to put out a penny toward that guarantee because they believe the PDR's will be trading at a much higher price than that. Heck they even let you trade the PDR early and take profit because in their minds they have no doubt that they will be worth much more.
In order to understand it all one will need to devote a good amount of time to read everything available. No way could I include it all here.
You also asked about getting your shares back? I asked that question and the answer is yes. All shares deposited along with all assets from PNMS are held at HSBC bank in Panama City Panama.
I'm not trying to get anyone to buy this stock. That is totally up to the individual. The information is out there. I do own a position in this stock. I have flipped it a few times since it was .0007. That's why I do know the story. I haven't order Certs but that because of personal issues, I just want to be up front as to where I'm comming from. I'm a little fish don't own a ton of shares like others but I do like doing DD and learning from stock so that someday I can become not just a big fish but a whale. I do think that a lot of people are pulling certs which will make the shares on the US market dwindle. The less shares available the better potential for a rise in PPS.
Hopefully this will be a little helpful
Common sense should tell everyone that if this company has $850 million dollars in assets - over three-quarters of a billion dollars?????? - the PPS would be in the twenty-dollar range or perhaps much higher.
If the company only had the $19 million in cash as they claim and no other assets, the PPS would be in the dollar range at least.
You people who believe the company truly has such large assets are deluding yourselves, or maybe just pumping.
Obviously some of you believe these numbers. The market doesn't though because the PPS is sitting at about .0030 today.
Common sense folks, common sense and logic.... Never let them leave you.