InvestorsHub Logo
Followers 885
Posts 80753
Boards Moderated 2
Alias Born 01/09/2006

Re: None

Thursday, 02/08/2007 4:29:49 PM

Thursday, February 08, 2007 4:29:49 PM

Post# of 114953
PayPro, Inc. Announces Name Change to PANAMERSA Corporation and Financials Will Show PPS Undervalued

2007-02-08 16:29 ET - News Release


DALLAS and PANAMA CITY, Fla., Feb. 8, 2007 (PRIME NEWSWIRE) -- The new year is set to show a strong start for PANAMERSA Corporation/PayPro Inc. (Pink Sheets:PYPR) as they continue to show record gains. Within a week the official numbers will be released confirming the news announced December 11, 2006: fourth quarter 2006 earnings are expected to exceed 400 percent over third quarter 2006. The company's innovative approach and multiple revenue streams will insure continued growth of revenues and profits for their shareholders.

The name change is now official. PayPro Incorporated is now PANAMERSA Corporation and that change is expected to further increase earnings for the company as a broader project base is built to support the commercial integration of Latin America into the economic development of the western hemisphere, Pan-America and the rest of the world.

"Our name change is filed and complete with the state of Nevada and we have received our new CUSIP number," said Terrell. "The final documents from the new transfer agent and us will be filed today. Since there were no capital structure changes, simply a name change, the new symbol should be announced and start being traded as early as the first part of next week."

"Several issues that have caused concern for us and our shareholders and are our main focus until resolved are share price, which remains extremely undervalued, and AMERITRADE's decision not to allow their customers to buy PYPR stock but does allow them to sell PYPR stock. I have called them regarding this and to date have still not been given any reason for their actions," said Terrell. The company will continue its efforts to resolve this issue with AMERITRADE.

"We are excited about our growth, and are adamantly addressing all issues related to the name change, price per share, financials, and the shortest route which leads to a future Nasdaq listing," said Terrell. "As all of our educated investors know, great companies are not built overnight, but we strive to be consistent and reliable in all our dealings and look forward to seizing new opportunities as they are presented."

PANAMERSA Corporation/PayPro Incorporated (Pink Sheets: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. PANAMERSA Corporation/Pay Pro Incorporated is engaged in global e-commerce and e-biz solutions offering interactive e-commerce and e-biz programs in addition to a range of goods and services online including: prepaid Debit cards; e-commerce merchant accounts; life insurance policies, gold transactions; telephony services, text messaging, VoIP, MicroForests 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.

The Market News First logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3162

Forward-looking statements are not historical facts 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.

CONTACT: PANAMERSA Corporation
Investor Relations
(214) 774-4870
ir@panamersa.com

MN1 NewsWire
John Bryant
(214) 461-3417
jbryant@MN1.com

Stay up to date with MN1 NewsWire "NEWS YOU CAN TRUST" at www.MN1.com


Unless I've quoted a source, I know not what I speak of. Do the due.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.