Pan-Am Advisory
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Date:
2010-11-09
Contact:
Suite 300, 1055 West Hastings Street
Vancouver, BC V6E 2E9
Telephone: (604) 800-2775 Fax: (604) 608-5458
Background:
We recently learned that a representative of Pan-Am Advisory (Pan-Am) contacted a resident of Denmark and offered to purchase his shares of Global Media Productions Inc., at a price much higher than what he had originally paid for them. In order to complete the transaction, the Danish resident was asked to pay, in advance, a “surety bond” to Pan-Am, which, purportedly, would be refunded.
On its Web site, Pan-Am claims to be located at 300-1055 West Hastings Street, Vancouver, British Columbia, but it is not located at that address.
Pan-Am is not registered in British Columbia to trade in, or advise on, securities and exchange contracts.
On September 30, 2010, the Danish Financial Supervisory Authority published a warning about Pan-Am.