( dba Panda-Mart Online - pMO )
PandaMart Online (pMO) was created as a secure electronic online marketplace for the sale of Chinese and other Asian goods and services to global markets, much like eBay (EBAY: NASDAQ) or Global Sources Ltd. (GSOL: NASDAQ) and is designed to provide additional value and profits in the supply chain and logistics services such as Li & Fung HK www.lifung.com and William Connor & Associates HK www.weconnor.com.
pMO; leveraging off of its founders presence and relationships in China since 1982 (www.ChineseBusinessWorld.com and www.ChinaTradeShows.com), has recently secured the formal support and approval of the Chinese Ministry of Commerce (www.mofcom.gov.cn) and the Chinese Ministry of Information (www.mii.gov.cn) which provides pMO with tangible competitive benefits in trade finance, trade quotas, license and visa approvals among others.
pMO's competitive benefits are strengthened by the Panamanian location of its corporate headquarters and its relationships in Latin American and China. For example, one of pMO's founders and directors, Mr. Nicholas Barletta, is the founder and Honorary Chairman of the Panama headquarted Banco Latinoamericano de Exportaciones SA, (BLX: NYSE; www.blx.com); Latin Americas only supranational bank specialized in foreign trade in the Latin American Region. pMO plans to work with BLX in cooperation with Chinese export banks in developing markets and reducing risk in our regions.
In addition to BLX; the pMO founders are in the process of arranging joint ventures, partnerships and equipment supply contracts with other category leading companies such as; EMC (www.emc.com ); PCNet (www.pcnet-inc.com); and others.
