Panama Dreaming Inc. announced effective September 24, 2012, Miguel Miranda resigned as president, secretary, treasurer and a director of the company. Concurrently with Mr. Miranda's resignation, the company appointed John Gong, as president/chief executive officer, secretary, chief financial officer, treasurer and a director of the company, effective September 24, 2012. Mr. John Gong has worked for several major financial institutions, including Citibank, N.A. Singapore, where he was an Investment Manager in the investment advisory and investment management unit, Peregrine Investment Holdings, UBS, (as an Associate Director), Merrill Lynch International Bank (as a Vice President) and Head of Investments at Allied Capital Management.