About the PDR Exchange...
Good afternoon Pan Americans…
Lets talk about PDREX.COM S.A. (“PDREX”) formerly known as, PDR Exchange (Panama) Inc.
The PDREX is a Panamanian stock corporation designated as beneficiary of Fundacion Pan America FUNDAPAN. This means that the common shares are properly conveyed to FUNDAPAN for the benefit of its common shareholders, natural persons and /or legal entities in good standing and all other assets being traded have to have been properly conveyed and accepted by FUNDAPAN in order to be able to trade… PDREX owns a trading platform with the objective to offer its services on line to Beneficiaries of FUNDAPAN exclusively through the domain PDRExchange.com registered by Micheal Scott Terrell. The product offered is represented by a Pan America Depository Receipt PDR that “evidences beneficial ownership of assets held in FUNDAPAN, for the benefit of its Beneficiaries, etc.” The PDREX is only a trading platform…it is NOT intended or allowed to solicit openly to all without frontiers…it is exclusively for the Beneficiaries of FUNDAPAN and it can trade amongst its beneficiaries ONLY. PDREX began operations offering services to PANAMERSA Corporation PNMS shareholders only, later it would venture to get verification and registration to expand to registered securities with “la Comision Nacional de Valores de la Republica de Panama” the regulating and compliance entity for securities exchanges in the Republic of Panama and to try a joing venture or similar with “ la Bolsa Nacinonal de Valores de Panama, S.A.”, the official Panamanian Stock Exchange. Presently FUNDAPAN and PANAMERA are litigating in Panamanian courts the registered trademark “PDR” representing “Pan America Depository Receipt and Pan American Depository Receipt". This civil action was started by us last year when the Panama Stock Exchange, represented by one of the finest law firm in Panama “Morgan & Morgan” and many other countries through out the world tried to register “PDR” as a Panamanian Depository Receipt, including our PDRs which had been in operations prior to there application. The case is still in litigation and some positive agreements will come out of this action.
The PDREX is a good idea with a lot of business sense, the only fault: Lack of competent management and a clear misinterpretation of its OBJECTIVES. It grew very fast and was offshore to Panama in America II USA and that, in my opinion, confused the Business plan: “…assisting in the commercial integration and economic development of OUR AMERICA (Pan America the Western Hemisphere).”
As soon as all this is over and all issues cleared and complied with, and all unattainable goals attained “we will return”. All of us investigating the PDREX (including Micheal Scott Terrell) agree that restitution is due to the registered and accepted beneficiaries of FUNDAPAN. All others associates of the PDREX not beneficiaries of FUNDAPAN will have to be reviewed and once the assets are in the possession of FUNDAPAN they will be treated as beneficiaries.
The investigation continues and is awaiting further news on the deciphering of the PDREX software. The investigation will extend to America II USA and Europe.
Thank you for listening my friends, together we will succeed!!!
Best regards Pan Americans,
Pedro Borges Fiol
Founder-Protector
FUNDAPAN
- PAN NEWS Network -
Lets talk about PDREX.COM S.A. (“PDREX”) formerly known as, PDR Exchange (Panama) Inc.
The PDREX is a Panamanian stock corporation designated as beneficiary of Fundacion Pan America FUNDAPAN. This means that the common shares are properly conveyed to FUNDAPAN for the benefit of its common shareholders, natural persons and /or legal entities in good standing and all other assets being traded have to have been properly conveyed and accepted by FUNDAPAN in order to be able to trade… PDREX owns a trading platform with the objective to offer its services on line to Beneficiaries of FUNDAPAN exclusively through the domain PDRExchange.com registered by Micheal Scott Terrell. The product offered is represented by a Pan America Depository Receipt PDR that “evidences beneficial ownership of assets held in FUNDAPAN, for the benefit of its Beneficiaries, etc.” The PDREX is only a trading platform…it is NOT intended or allowed to solicit openly to all without frontiers…it is exclusively for the Beneficiaries of FUNDAPAN and it can trade amongst its beneficiaries ONLY. PDREX began operations offering services to PANAMERSA Corporation PNMS shareholders only, later it would venture to get verification and registration to expand to registered securities with “la Comision Nacional de Valores de la Republica de Panama” the regulating and compliance entity for securities exchanges in the Republic of Panama and to try a joing venture or similar with “ la Bolsa Nacinonal de Valores de Panama, S.A.”, the official Panamanian Stock Exchange. Presently FUNDAPAN and PANAMERA are litigating in Panamanian courts the registered trademark “PDR” representing “Pan America Depository Receipt and Pan American Depository Receipt". This civil action was started by us last year when the Panama Stock Exchange, represented by one of the finest law firm in Panama “Morgan & Morgan” and many other countries through out the world tried to register “PDR” as a Panamanian Depository Receipt, including our PDRs which had been in operations prior to there application. The case is still in litigation and some positive agreements will come out of this action.
The PDREX is a good idea with a lot of business sense, the only fault: Lack of competent management and a clear misinterpretation of its OBJECTIVES. It grew very fast and was offshore to Panama in America II USA and that, in my opinion, confused the Business plan: “…assisting in the commercial integration and economic development of OUR AMERICA (Pan America the Western Hemisphere).”
As soon as all this is over and all issues cleared and complied with, and all unattainable goals attained “we will return”. All of us investigating the PDREX (including Micheal Scott Terrell) agree that restitution is due to the registered and accepted beneficiaries of FUNDAPAN. All others associates of the PDREX not beneficiaries of FUNDAPAN will have to be reviewed and once the assets are in the possession of FUNDAPAN they will be treated as beneficiaries.
The investigation continues and is awaiting further news on the deciphering of the PDREX software. The investigation will extend to America II USA and Europe.
Thank you for listening my friends, together we will succeed!!!
Best regards Pan Americans,
Pedro Borges Fiol
Founder-Protector
FUNDAPAN
- PAN NEWS Network -
posted by Panamersa at
9:46 AM
