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Symbol Change!! (PYPR.PK) <Is Now> PNMS.PK ITS TIME!

Started by SiMPLe17, July 29, 2005, 12:42:24 AM

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gmarc66

News out just a short while ago this am.

Monday, October 16 2006 10:42 AM, EST

--------------------------------------------------------------------------------

PayPro, Inc. &apos;&apos;Reduces Issued and Outstanding Shares by 2 Billion.&apos;&apos;

Business Wire    "US Press Releases "

DALLAS--(BUSINESS WIRE)--

Mike Terrell, CEO of PayPro, Inc. (Pink Sheets:PYPR) states: "I have immediately reduced the company&apos;s issued and outstanding by 2 billion shares. I have done this to preserve and increase our shareholder value as well as to help defeat the shorting of our stock."

Taking into account the restricted and closely held free trading shares, the current tradable float in our best estimation is approximately 500 - 700 million shares according to the recent NOBO and DTC listings. The current naked shorting of our company&apos;s stock will hopefully be addressed and corrected by the SEC, NASD, and DTCC. Numerous companies have increasingly had their shareholder value deflated by naked shorting of their securities.

Please review this presentation of naked shorting ("The Corruption of our Capital Markets") for a better understanding of the eroding of shareholder values across the world, http://www.businessjive.com/nss/darkside.html.

In addition to the reduction in outstanding shares and the Board of Director&apos;s ongoing discussions regarding a share buyback plan. The company has been diligently pursuing its business plan and to that end has a number of major announcements forthcoming. The significant progress the company has made over the past few months will both please the shareholders and add to the company&apos;s growing revenues.

About PayPro Incorporated:

PayPro Incorporated (PYPR) is a global e-commerce and e-biz Solutions Company offering interactive e-commerce and e-biz programs. PayPro offers a range of goods and services ON LINE as follows:

Visa prepaid cards; e-commerce merchant accounts; Life insurance policies, Gold transactions; Telephony services, Text messaging, VoIP, Micro forests 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.


B_Dub

Beat me do it gmarc this will definately send the shorts running and send the pps back to where it was before the severe shorting!

Michael

Quote from: B_Dub on October 16, 2006, 11:56:31 AM
Beat me do it gmarc this will definately send the shorts running and send the pps back to where it was before the severe shorting!

Hmmmm.... I am not sure about this one.

They bought Chex Card and My Bank Card in June 2005 for 5 billion shares and sold the businesses again in April 2006 for 2 billion shares. Now they use these 2 billion shares to reduce the issued and outstanding shares.

I would be careful here. The shorts might have a case.

This is just a quick glance so if you feel comfortable with your investment you probably know a lot more than me. You can read more here: https://www.otcstockinfo.com/repository/612745/612745_FR20.pdf
Michael Bang Koenig
www.3stocksonfire.org


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gmarc66

nice news just out.

Wednesday, October 18 2006 11:08 AM, EST

PayPro, Inc. Signs Joint Venture Agreement with Trinitum Group



PayPro, Inc. (Pink Sheets:PYPR) is pleased to announce the signing of a Joint Venture Agreement with the Trinitum Group.

The Trinitum Group is a company with insurance companies insuring infrastructure projects in Latin America. They are also working with Hill International (www.hillintl.com) and PayPro, Inc. on the Panama Canal expansion Project bids. This agreement will have a major impact in the Latin American region and the world.

Mike Terrell, PayPro, Inc CEO, stated, "The joint venture agreement creates a long-term alliance on major projects in the region. Trinitum recently signed an agreement to provide all the insurance, for the next 50 years, for the major toll road that crosses Mexico City. Included in the agreement is a 50 year revenue sharing clause, worth over $150,000,000 over the life of the contract to PayPro, Inc. The group will provide more than 51 types of insurance to the project. PayPro also gives the Trinitum Group the ability to bid on the employee payroll, toll tags, readers, and a state-of-the-art RFID debit card toll payment system also a 50 year contract which alone would increase PayPro revenues $35,000,000 to $70,000,000 a year. This joint venture represents a major opportunity for PayPro to solidify its long-term financial growth and adds another major revenue stream."

About PayPro Incorporated:

PayPro Incorporated (PYPR) is a global e-commerce and e-biz Solutions Company offering interactive e-commerce and e-biz programs. PayPro offers a range of goods and services ONLINE as follows:

Visa prepaid cards, e-commerce merchant accounts, Life insurance policies, Gold transactions, Telephony services, Text messaging, VoIP, Micro forests 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.



dmxbr9

this is a huge company and a huge agreement.  Adding to my position, this is a great long hold!

SarfiSoy

PYPR does STILL OWN  MyBankCard, they released an update correcting the mistake

'On April 1, 2006, the Company sold ChexCard Corporation, a provider of debit banking cards. As part of the transaction, certain notes payable and other liabilities were also retired. As compensation, the Company received 2,000,000,000 shares of the Company's previously issued stock, and the stock is being held by the Company.'

http://biz.yahoo.com/bw/061020/20061020005377.html?.v=1

There is also mention of a new website coming, NO reverse split, financials and move to OTCBB.

BondJamesBond

Wow the news just gets better and better! http://biz.yahoo.com/bw/061023/20061023006111.html?.v=1

Willis has over 300 offices in 80 countries they are a huge company with huge pockets and now are in agreement with pypr! Wow this is going to throw pypr into a whole different tax bracket with the revenues this is going to produce.

SarfiSoy

I am still digging into Hill Int and now Willis has been added into the mix. These are multi-billion dollar companies in multi-trillion dollar markets. PayPro has the goods to attract companies of this caliber as well as the new board members. I'm adding more here.

gmarc66

Chart shaping up. Keep ur eye on this.

GLTA


poorman1

 ;)  Good call.  PYPR has experienced a series of hammer supports.  Volume is good today.  In at $.003.  Applaud.

gmarc66

Looking good.

goodluck to us poorman ;)

glta

julia

Taguchi1

great info.....great charts!!  GLTA!!!  GO PYPR!!!!

hotdog

Is the volume that PYPR getting typical of penny stocks? Thanks.



dmxbr9

PayPro R.E. Developments Announces $70 Million 3 Stage ''Las Huacas De Boquete Project''
Oct 31, 2006 3:15:00 PM
Copyright Business Wire 2006

DALLAS--(BUSINESS WIRE)--

PayPro Real Estate Development, a division of PayPro, Inc. (Pink Sheets:PYPR), in association with Desarrollo De Panama, S.A. announced today the 3 stage Las Huacas De Boquete Project; an Environmentally and Ecologically pristine development that Covers an area of 2,357 acres of which 1,730 acres will be developed, and 628 acres that have been set aside to make up the Micro Forests properties -- "A family's way to gain carbon (CO2) neutrality status." The development adjoins the city of Boquete.

LAS HUACAS DE BOQUETE will be developed in 3 stages designed to add and to preserve the natural resources and increase the popularity of the region.

Stage One will include the development of the Master Plan where the entire project will be divided into 7 areas (districts), each with its own theme and lifestyles that include shopping centers, health complexes, bilingual education centers, mountain homes and condominiums all of which must be built within the safeguards designed to preserve and protect the environment and natural flora and fauna.

Stage Two will be the creation of a Real Estate Investment Trust (REIT) offering 700 (Seven Hundred) Participating Fiduciary Units (Variable Income) at US $100,000 each, Equal to 10,000 m(2)(Ten Thousand Square Meters) per Unit. Revenues to us for this residential phase alone should approximate $70 million USD. The development of a world class hotel, golf course and condominium mountain resort.

Stage Three will be the sale of the individual units (districts) that make up Las Huacas De Boquete, Chiriqui, Republic of Panama, the jewel of Panama's Golden Triangle.

PayPro CEO Mike Terrell commented that, "'LAS HUACAS DE BOQUETE' is so amazingly beautiful. I visited the site this weekend and it is as magnificent a place as I have ever seen. Our pledge with regulations and approved bylaws to keep it environmentally natural will create a paradise free from stress, pollution, and contamination. I could see for miles in every direction. Sitting atop a 3900 ft. peak with a 360 degree view amid the cool quiet natural surroundings, bordered by rivers on two sides, a view of the Pacific Ocean, a volcano, and Costa Rica can be seen in the distance. I understand now why the Boquete area has been in the top 3 places to live in the world."

About PayPro Incorporated:

PayPro Incorporated (PYPR) is a global e-commerce and e-biz Solutions Company offering interactive e-commerce and e-biz programs. PayPro offers a range of goods and services ON LINE as follows:

Visa prepaid cards; e-commerce merchant accounts; Life insurance policies, Gold transactions; Telephony services, Text messenging, VoIP, Micro forests 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.

Forward-Looking Statements are not historical fact 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.

Source: PayPro, Inc.

SarfiSoy

That is great news. Keeping the ecosystem intact while building some impressive residential and commercial buildings.