This is a anonymous S.A. Bearer Share Panama Corporation that is additionally licensed by the Panama Government as a financial services corporation. The license is in the name of the Corporation and your name does not appear on the license so privacy is preserved. This license allows the corporation to engage in certain financial activities in Panama. The license does not allow the entity to act as a bank, for this a bank license is required. Banks provide checking accounts, take deposits directly, make loans personal and otherwise, write mortgages etc. You can have another corporate entity contract with your Panama Financial Services Company to engage in activities in Panama that your other corporation may not be allowed to engage in due to it´s domicile jurisdiction and lack of such a license there. This can all be done via e-commerce. Remember offshore derived income is tax free in Panama.

AUTHORIZED ACTIVITIES:

General Financial Consulting – In some jurisdictions this is hard to get.

Third Party Payment Processing (Online included). This is the provision that is used to allow one to operate a Swedish Credit Union in Panama through a Panama Bank.

Factoring – This allows one to operate a factoring company factoring receivables.

Leasing – This allows one to do full service leasing.

Trading of Gold, Silver and Platinum (they consider this as a buy/sell transaction). If it is wholesale it is Type A License, if it is retail is a Type B License. In this type of Retail License the Directors of the corporation have to be Panamanians and we do provide this and is included in the price. This allows one to be say an E-Gold or E-Bullion merchant.

Trading of Foreign Currency. (The first 5 days of each month this type of business must submit a declaration with client data for all transactions over $10,000 to the Financial Analysis Unit in Panama as part of their anti-money laundering program). This would allow one to operate as a money changer service.

Debit and Credit Card Management – This allows one to operate a service for third party ATM and Debit cards, processing payments to the cards etc.

NOT AUTHORIZED:

Financial Administration Services

Debt Collection – you would not be a collection agency.

Receive deposits from third party – you are not a bank.

The corporation which holds the license can engage in the above listed authorized activities. In addition the corporation can also engage in any other lawful activity that corporations in general can engage in, it is not restricted to the above activities only.

This is NOT a financial institution per se such Read More »

Discover the key technical elements to determine if you should buy a stock.

1. Prior to a stock price rise, the volume will diminish, until all sellers (supply) have exhausted themselves. Odd small lot sales can be a signal of the end of the price decline.

2. In a downtrend the bottom will occur in the 3rd, 5th or 7th wave down. Now the price can make a dramatic jump here and will tackle overhead resistance. The key thing to look for is a very large increase in Volume. Institutions will move in and usually make their purchases between 3:30 and 4:00 p.m. This is called looking for Footprints. So essentially we are looking for strong hands to move in.

3. They say don’t buy the first breakout. If you do buy the first breakout run with tight Stops. You can also wait for price to return to test the breakout point (support level). If price successfully tests support and breaks above this point you can buy the stock. You can also put in a buy stop at 3 percent above the breakout level. This will keep you out of the stock unless it breaks out.

4. If price has been in an uptrend but is correcting, look to see how it reacts to the 38.2 and 50% retracement levels. A stock that rebounds from the 38.2% Fibonacci retracement level is a strong stock.

5. If price gaps up with large volume and the gap is not filled that day, with price ending close to the high of the day, then this confirms a ‘rising stock price’. If the gap occurs over a resistance point then this is double confirmation to enter.

6. If you see a very long white candle with a long tail occur with volume pay special attention and be prepared to buy if positive buying occurs the next day. Candlestick formations to look for are Bullish Engulfing, Morning Star and Three White Soldiers.

7. When the up days outnumber the prior down days this usually confirms that you have entered a bullish uptrend.

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