3SOF

Hello everyone.  I had a quick question about a stock I was considering.

Panamersa Corp. (http://finance.yahoo.com/q?s=PNMS.PK) recently stated they were going to start a stock buyback with the following conditions:

--  The Share buy back will begin in conjunction with a shareholder price
    guarantee

--  A guarantee will be extended to loyal shareholders who wish to be a
    part of PANAMERSA Corporation's future.

--  All shareholders who request their certificates from their broker and
    exchange those shares for PDRs issued by the Fundacion and agree to hold
    them for 1 year will be guaranteed a minimum price of $0.02 per share or
    the current market price, which ever is greater, or the option to keep the
    PDR. In addition each guaranteed PDR will be backed by Gold reserves.

--  All shareholders who request their certificates from their broker and
    exchange those shares for PDRs issued by the Fundacion and agree to hold
    them for 2 years will be guaranteed a minimum price of $0.04 per share or
    the current market price, which ever is greater, or the option to keep the
    PDR. In addition each guaranteed PDR will be backed by Gold reserves.

--  All PDRs are issued through the Fundacion Pan America.



It seems like a penny stock, whose value as of this writing is $.0019 a share, couldn't possibly guarantee a price of $.04 in a year.  It just seems too good to be true, and normally when that's the case, it isn't true.  So what am I overlooking?

Could anybody even point me in the right direction to find the answer to my question?