Good day Pan Americans…
“A good example of transparency…we are proud to say that PANAMERSA is not a scam and PNMS is not bankrupt!”
Michael…This is the way this “PNMS” “PDREX” game will be played:
Forward the PNMS shares you have and all other information to get this over with.
FINITO
I want to speak and share with fellow Pan Americans an email received today from Michael Scott Terrel (“MST”). As I have said before: Transparency will be my “Modus Operandi” I am therefore publicly challenging all the allegations from MST as written in the email below…He has not complied and is using diversionary tactics, to include statements such as…”The money collected for shares was not sent to the foundation because the shares they bought were. The money was used for Corporate expenses, Salaries, Desimplex, Travel, Hotels, Ebiz, legal Fees, hardware, hosting, office space etc. A large amount of the money was sent to the foundation? and another sizable amount was brought in cash for things Pedro needed to take care…?
Accountability: MST give us the proof of all those statements made below…if you gave sizeable amounts of cash…you would have had to declared it as outgoing from America II USA and incoming to America III Panama?
UNEDITED email from MST to others and Pedro:
Pedro (Bro)
Are these guy slow or what?
I will try to explain.
The reason they are on spreadsheets is very simple.
People sent in shares and they were entered on a spreadsheet and then put into the PDR Exchange system.
The people who sent in money were also entered on a spreadsheet because they bought PNMS shares or Gold. Their shares/PDRs were entered into the PDR Exchange system.
All totals and PDR Holders were in the Exchange and all PDR holders in the exchange were current and no PDR Holders questioned the totals.
100,000 ounces of Gold was put into the Exchange account and as I understood it belonged to the Exchange to create liquidity for trading and to pay the guarantees.
The money collected for shares was not sent to the foundation because the shares they bought were. The money was used for Corporate expenses, Salaries, Desimplex, Travel, Hotels, Ebiz, legal Fees, hardware, hosting, office space etc. I large amount of the money was sent to the foundation and another sizable amount was brought in cash for things Pedro needed to take care of. None of those monies stolen or withheld.
The audit should be done for one thing and one thing only and that is determine if the trading software accurately traded the shares(PDRS) and Ounces of Gold that the exchange was tasked to do.
As far as the guarantee the decision to give the guarantee was done by Pedro and Myself. No one person just arbitrarily decided to do that. It was done to create a reason for the shareholders to make conveyances to the foundation thus providing a reason to have the exchange and prove that trading of PDRs could be done and was viable. That has been done.
The problem is this the Gold in the foundation was used to provide liquidity to the exchange internally. No one was buying or could sell shares because there was not any new cash in the foundation. Once the gold was conveyed and we started trading this last summer we proved people would buy and sell on the exchange. If I could have found a way for some new money to come into the foundation as payment for gold PDRs I would have had cash to start paying some of the people who wanted to sell their PDRS. Because no one could get any money out no one wanted to put new money in. The concept is viable and will work big time if there were enough cash in the exchange to pay anyone who wanted to cash out thus proving people could get money out.
Then new people would make deposits because they would be confident they could(like any other exchange) cash some of their profits as needed. Until a reasonable amount of cash is deposited to prove that a conveyance of cash for gold could be held and at such time that person, government or company could sell their gold and request a disbursement and have confidence they would receive it.
The numbers in the exchange are correct and if the auditors understood how it works they might figure out why the amount of the original conveyances do not match. That was the whole purpose of the exchange to allow people to trade PDRs within the Foundation. The buying and selling of PDRs change the amount of what beneficiaries have at any given time. The spreadsheets are the starting point. The spreadsheets are locked so no one will go into them and change the numbers and I might add they are already added up. If you wanted to add them up enter them in your own spreadsheet and add them.
Mike
END of Email
Thank you for listening my friends, together we will succeed!!!
Best regards Pan Americans,
Pedro Borges Fiol
Founder-Protector
FUNDAPAN
- PAN NEWS Network -
Michael…This is the way this “PNMS” “PDREX” game will be played:
Forward the PNMS shares you have and all other information to get this over with.
FINITO
I want to speak and share with fellow Pan Americans an email received today from Michael Scott Terrel (“MST”). As I have said before: Transparency will be my “Modus Operandi” I am therefore publicly challenging all the allegations from MST as written in the email below…He has not complied and is using diversionary tactics, to include statements such as…”The money collected for shares was not sent to the foundation because the shares they bought were. The money was used for Corporate expenses, Salaries, Desimplex, Travel, Hotels, Ebiz, legal Fees, hardware, hosting, office space etc. A large amount of the money was sent to the foundation? and another sizable amount was brought in cash for things Pedro needed to take care…?
Accountability: MST give us the proof of all those statements made below…if you gave sizeable amounts of cash…you would have had to declared it as outgoing from America II USA and incoming to America III Panama?
UNEDITED email from MST to others and Pedro:
Pedro (Bro)
Are these guy slow or what?
I will try to explain.
The reason they are on spreadsheets is very simple.
People sent in shares and they were entered on a spreadsheet and then put into the PDR Exchange system.
The people who sent in money were also entered on a spreadsheet because they bought PNMS shares or Gold. Their shares/PDRs were entered into the PDR Exchange system.
All totals and PDR Holders were in the Exchange and all PDR holders in the exchange were current and no PDR Holders questioned the totals.
100,000 ounces of Gold was put into the Exchange account and as I understood it belonged to the Exchange to create liquidity for trading and to pay the guarantees.
The money collected for shares was not sent to the foundation because the shares they bought were. The money was used for Corporate expenses, Salaries, Desimplex, Travel, Hotels, Ebiz, legal Fees, hardware, hosting, office space etc. I large amount of the money was sent to the foundation and another sizable amount was brought in cash for things Pedro needed to take care of. None of those monies stolen or withheld.
The audit should be done for one thing and one thing only and that is determine if the trading software accurately traded the shares(PDRS) and Ounces of Gold that the exchange was tasked to do.
As far as the guarantee the decision to give the guarantee was done by Pedro and Myself. No one person just arbitrarily decided to do that. It was done to create a reason for the shareholders to make conveyances to the foundation thus providing a reason to have the exchange and prove that trading of PDRs could be done and was viable. That has been done.
The problem is this the Gold in the foundation was used to provide liquidity to the exchange internally. No one was buying or could sell shares because there was not any new cash in the foundation. Once the gold was conveyed and we started trading this last summer we proved people would buy and sell on the exchange. If I could have found a way for some new money to come into the foundation as payment for gold PDRs I would have had cash to start paying some of the people who wanted to sell their PDRS. Because no one could get any money out no one wanted to put new money in. The concept is viable and will work big time if there were enough cash in the exchange to pay anyone who wanted to cash out thus proving people could get money out.
Then new people would make deposits because they would be confident they could(like any other exchange) cash some of their profits as needed. Until a reasonable amount of cash is deposited to prove that a conveyance of cash for gold could be held and at such time that person, government or company could sell their gold and request a disbursement and have confidence they would receive it.
The numbers in the exchange are correct and if the auditors understood how it works they might figure out why the amount of the original conveyances do not match. That was the whole purpose of the exchange to allow people to trade PDRs within the Foundation. The buying and selling of PDRs change the amount of what beneficiaries have at any given time. The spreadsheets are the starting point. The spreadsheets are locked so no one will go into them and change the numbers and I might add they are already added up. If you wanted to add them up enter them in your own spreadsheet and add them.
Mike
END of Email
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
10:13 AM
