PANAMERSA Corporation, (formerly PayPro, Inc.) and

Port SAE Productions, from Barcelona, Catalunya, Spain, signed

an “Economic Interest Association Agreement” to underwrite and to develop,

PORT SAE, La Fortaleza, a Tourist Theme Park Pentapolis by the Ocean.

For immediate release: 4th December 2006, Dallas Texas and Panama City, Republic of Panama.

Micheal Scott Terrell, President of PANAMERSA Corporation, a US Public Company, based in Dallas, Texas, U.S.A., (formerly known as PayPro, Inc.) and “JORDI” Jorge Gimenez Huguet, Author and Founder of Port SAE Productions, from Barcelona, Catalunya, Spain. Signed an “Economic Interest Association Agreement” (“A.I.E. in Spanish”) to coordinate, to promote, to develop and to build “Port SAE, La Fortaleza” in one of PANAMERSA´s operating regions, to be disclosed at a later release.

Port SAE La Fortaleza  is a mega-tourist project within the industry category of “Theme Park” where all the components are located within a PENTAPOLIS, a five borough theme city including seaport and marina built in accord to a colonial styled theme of the XVI century; where, residents or visitors can  feel and enjoy the sensation of living  in unforgettable days of the era of fortress cities totally inspired and built in  natural surroundings, mute witnesses of the History of  Pirates.

Port SAE, La Fortaleza is a flagship project for all the Pan-American countries involved in such historic legacy. It is an original offering, an exclusive international undertaking based on the fantasy of  living, staying, visiting and enjoying the fantasy of the  “Pirate Kid” we all carry in our insight.

“JORDI” the Author and Founder said “ After traveling through out all the different areas  in the Caribbean, Central America, Panama and South America, enjoying all the natural surroundings and underwater scenarios, where this legacy was created and all this history was written in blood...I was inspired to write the rebirth of the era, in the same historical sites where it took place...being the Pirates the inhabitants of the areas where this multiple legends of battles occurred...and treasures that until today have not been found...are waiting”.

     Port SAE Productions is a Real Estate Development entity from Spain. This R.E.D. business entity is made up of  professionals working with the Author “JORDI” and PANAMERSA, to carry out the planning and execution of the business, legal and financial  aspects of this project. 

     Our objective: To Coordinate, to Consolidate and to Offer a unique scenario to all those multi-national business entities that have, common goals and commercial affinity to promote their goods and services based on the legacy and history of past world Pirates.

     Our team of  professionals have recovered  and restored the archives, works of art and historic legacy about the Pirates in all countries that witnessed  this legacy. We have compiled all this invaluable information exposing all deeds and actions carried out by this unique breed of persons that made history. It is all documented in Paginas-Negras Archives,  it can be looked  at http://www.paginas-negras.com

     Port SAE, La Fortaleza…a PENTAPOLIS  by the Ocean...consist of 100 hectares, 247.11 acres or 1.000.018,7 m² distributed as follows:

I.-        MicroForests, forty nine (49) hectares equivalent to 490,000 m²,  

            “A family’s way to become Carbon Neutral, to save Mother Earth”

II.-       The PENTAPOLIS, fifty one (51) hectares equivalent to 521,000 m², as follows:

•       Refugios Los Proscritos: Six Hundred and Fifty (650) Condominiums distributed in five (5) design categories.

•       El Puerto: Sea Port and Marina, re-creating XVI Century theme.

•       El Fortín: a “Five Cutlass” Hotels & Casino with Four Hundred and Fifty (450) rooms, market Place, La Hacienda y La Ermita.

•       Pirata Park: Playground and related amusement activities for collective participation.

•       Las Guaridas: Five World Class Villas for: Port Sae, La Fortaleza Sponsors.