U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

                 Quarterly Report Under Section 13 or 15 (d) of
                         Securities Exchange Act of 1934

                     For the Period ended February 28, 2006
                         Commission File Number 0-51414


                           PANORAMA INVESTMENTS CORP.
                 (Name of small business issuer in its charter)


        Nevada                                                 98-0417780
(State of incorporation)                                (IRS Employer ID Number)


                          Suite 720 - 999 West Broadway
                          Vancouver, BC, Canada V5Z 1K5
                                 (604) 730.8882
          (Address and telephone number of principal executive offices)


                                  Connie Linder
                          Suite 720 - 999 West Broadway
                          Vancouver, BC, Canada V5Z 1K5
                    Phone: (604) 730.8882 Fax: (604) 738.4080
            (Name, address and telephone number of agent for service)

Check whether the registrant (1) has filed all reports required to be filed by
Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding
12 months (or for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements for the past
90 days. Yes [X] No [ ]

There were 2,500,000 shares of Common Stock outstanding as of February 28, 2006.
<PAGE>
ITEM 1. FINANCIAL STATEMENTS

The unaudited quarterly financial statements for the 3 months ended February 28,
2006, prepared by the company, immediately follow.

                                       1
<PAGE>
                           PANORAMA INVESTMENTS CORP.
                          (A Development Stage Company)

                              INTERIM BALANCE SHEET
                                   (Unaudited)
                            (Stated in U.S. Dollars)


<TABLE>
<CAPTION>
                                                                   FEBRUARY 28        NOVEMBER 30
                                                                      2006               2005
                                                                    --------           --------
<S>                                                                 <C>                <C>
ASSETS

CURRENT
  Cash                                                              $ 21,672           $ 26,579
  Prepaid expense                                                        471                471
                                                                    --------           --------

                                                                    $ 22,143           $ 27,050
                                                                    ========           ========
LIABILITIES

CURRENT
  Accounts payable and accrued liabilities                          $  4,887           $  4,750
                                                                    --------           --------

STOCKHOLDERS' EQUITY

SHARE CAPITAL
  Authorized:
   100,000,000 Common shares, par value $0.001 per share
   10,000,000 Preferred shares, par value $0.001 per share
  Issued and outstanding:
   2,500,000 Common shares                                             2,500              2,500

ADDITIONAL PAID-IN CAPITAL                                            51,000             49,500

DEFICIT ACCUMULATED DURING THE DEVELOPMENT STAGE                     (36,244)           (29,700)
                                                                    --------           --------
                                                                      17,256             22,300
                                                                    --------           --------

                                                                    $ 22,143           $ 27,050
                                                                    ========           ========
</TABLE>

   The accompanying notes are an integral part of these financial statements.

                                       2
<PAGE>
                           PANORAMA INVESTMENTS CORP.
                          (A Development Stage Company)

                         INTERIM STATEMENT OF OPERATIONS
                                   (Unaudited)
                            (Stated in U.S. Dollars)

<TABLE>
<CAPTION>
                                                                                              CUMULATIVE
                                                                                             PERIOD FROM
                                                                                              INCEPTION
                                                                                              DECEMBER 16
                                                                THREE MONTHS ENDED              2003 TO
                                                                    FEBRUARY 28               FEBRUARY 28
                                                             2006               2005             2006
                                                          -----------        -----------      -----------
<S>                                                       <C>                <C>              <C>
REVENUE                                                   $        --        $        --      $        --
                                                          -----------        -----------      -----------
EXPENSES
  Bank charges                                                     52                161              320
  Consulting fees                                               2,700                 --            9,786
  Filing fees                                                     350                509            3,532
  Office and sundry                                               774                249            4,878
  Organizational costs                                             --                 --              840
  Professional fees                                             2,668              3,477           14,223
  Promotional products                                             --                 --            1,382
  Website programming                                              --              1,155            1,283
                                                          -----------        -----------      -----------
                                                                6,544              5,551           36,244
                                                          -----------        -----------      -----------

NET LOSS FOR THE PERIOD                                   $    (6,544)       $    (5,551)     $   (36,244)
                                                          ===========        ===========      ===========

BASIC AND DILUTED LOSS PER SHARE                          $     (0.00)       $     (0.00)
                                                          ===========        ===========

WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING        2,500,000          2,500,000
                                                          ===========        ===========
</TABLE>

   The accompanying notes are an integral part of these financial statements.

                                       3
<PAGE>
                           PANORAMA INVESTMENTS CORP.
                          (A Development Stage Company)

                         INTERIM STATEMENT OF CASH FLOWS
                                   (Unaudited)
                            (Stated in U.S. Dollars)

<TABLE>
<CAPTION>
                                                                                              CUMULATIVE
                                                                                             PERIOD FROM
                                                                                              INCEPTION
                                                                                              DECEMBER 16
                                                                THREE MONTHS ENDED              2003 TO
                                                                    FEBRUARY 28               FEBRUARY 28
                                                             2006               2005             2006
                                                          -----------        -----------      -----------
<S>                                                       <C>                <C>              <C>
CASH FLOWS FROM OPERATING ACTIVITIES
     Net loss for the period                               $ (6,544)          $ (5,551)        $(36,244)

ADJUSTMENT TO RECONCILE NET LOSS TO NET CASH USED
 BY OPERATING ACTIVITIES
  GST receivable                                                 --               (103)              --
  Inventory                                                      --             (1,100)              --
  Prepaid expense                                                --               (471)            (471)
  Accounts payable and accrued liabilities                      137             (1,825)           4,887
  Due to shareholder                                             --             (2,450)              --
  Non-cash services from a director                           1,500                 --            7,500
                                                           --------           --------         --------
                                                             (4,907)           (11,500)         (24,328)
                                                           --------           --------         --------
CASH FLOWS FROM FINANCING ACTIVITY
  Share capital issued                                           --                 --           46,000
                                                           --------           --------         --------

NET (DECREASE) INCREASE IN CASH                              (4,907)           (11,500)          21,672

CASH, BEGINNING OF PERIOD                                    26,579             44,983               --
                                                           --------           --------         --------

CASH, END OF PERIOD                                        $ 21,672           $ 33,483         $ 21,672
                                                           ========           ========         ========

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
  Interest paid                                            $     --           $     --         $     --
  Income taxes paid                                        $     --           $     --         $     --
                                                           ========           ========         ========
</TABLE>

   The accompanying notes are an integral part of these financial statements.

                                       4
<PAGE>
                           PANORAMA INVESTMENTS CORP.
                          (A Development Stage Company)

                      NOTES TO INTERIM FINANCIAL STATEMENTS

                                FEBRUARY 28, 2006
                                   (Unaudited)
                            (Stated in U.S. Dollars)


1. BASIS OF PRESENTATION

     The  unaudited   financial   information   furnished  herein  reflects  all
     adjustments,  which in the opinion of  management  are  necessary to fairly
     state the Company's  financial  position and the results of its  operations
     for the periods  presented.  This  report on Form 10-QSB  should be read in
     conjunction  with the  Company's  financial  statements  and notes  thereto
     included in the  Company's  Form 10-KSB for the fiscal year ended  November
     30,  2005.  The Company  assumes  that the users of the  interim  financial
     information  herein  have  read or have  access  to the  audited  financial
     statements  for  the  preceding  fiscal  year  and  that  the  adequacy  of
     additional  disclosure  needed for a fair presentation may be determined in
     that context.  Accordingly,  footnote disclosure, which would substantially
     duplicate the  disclosure  contained in the  Company's  Form 10-KSB for the
     fiscal year ended  November  30,  2005,  has been  omitted.  The results of
     operations  for the three  month  period  ended  February  28, 2006 are not
     necessarily  indicative of results for the entire year ending  November 30,
     2006.

2. NATURE OF OPERATIONS

     a)   Organization

          The  Company  was  incorporated  in the State of  Nevada,  U.S.A.,  on
          December 16, 2003. The Company's  principal  executive  offices are in
          Vancouver, British Columbia, Canada.

     b)   Development Stage Activities

          The Company has been in the development  stage since its formation and
          has not yet  realized any revenues  from its planned  operations.  The
          Company  was formed for the purpose of  developing  a line of giftware
          and  specialty   items.   The  Company  has  not  commenced   business
          operations.  The Company is a development  stage company as defined in
          the Statement of Financial Accounting Standards No. 7.

     c)   Going Concern

          The accompanying  financial statements have been prepared assuming the
          Company will continue as a going concern.

                                       5
<PAGE>
                           PANORAMA INVESTMENTS CORP.
                          (A Development Stage Company)

                      NOTES TO INTERIM FINANCIAL STATEMENTS

                                FEBRUARY 28, 2006
                                   (Unaudited)
                            (Stated in U.S. Dollars)


2. NATURE OF OPERATIONS (Continued)

     c)   Going Concern (Continued)

          As shown in the  accompanying  financial  statements,  the Company has
          incurred a net loss of $36,244 for the period from inception, December
          16, 2003, to February 28, 2006, and has minimal  sales.  The future of
          the Company is dependent upon its ability to obtain financing and upon
          future  profitable  operations  from the  development  of its  mineral
          properties.  Management has plans to seek additional capital through a
          public offering of its common stock.  The financial  statements do not
          include   any   adjustments   relating  to  the   recoverability   and
          classification   of   recorded   assets,   or  the   amounts   of  and
          classification of liabilities that might be necessary in the event the
          Company cannot continue in existence.

3. SIGNIFICANT ACCOUNTING POLICIES

     The  financial  statements  of the Company have been prepared in accordance
     with generally accepted accounting principles in the United States. Because
     a precise  determination  of many assets and  liabilities is dependent upon
     future  events,  the  preparation  of  financial  statements  for a  period
     necessarily  involves  the use of  estimates  which  have been  made  using
     careful judgement.

     The financial  statements  have,  in  management's  opinion,  been properly
     prepared within  reasonable  limits of materiality and within the framework
     of the significant accounting policies summarized below:

     a)   Use of Estimates

          The  preparation of financial  statements in conformity with generally
          accepted  accounting  principles requires management to make estimates
          and  assumptions  that  affect  the  reported  amounts  of assets  and
          liabilities,  and disclosure of contingent  assets and  liabilities at
          the date of the  financial  statements,  and the  reported  amounts of
          revenues and expenses for the reporting  period.  Actual results could
          differ from these estimates.

     b)   Financial Instruments

          The  Company's  financial  instruments  consist of cash,  and accounts
          payable  and  accrued  liabilities.  Unless  otherwise  noted,  it  is
          management's  opinion that this Company is not exposed to  significant
          interest or credit risks arising from these financial instruments. The
          fair value of these financial  instruments  approximate their carrying
          values, unless otherwise noted.

                                       6
<PAGE>
                           PANORAMA INVESTMENTS CORP.
                          (A Development Stage Company)

                      NOTES TO INTERIM FINANCIAL STATEMENTS

                                FEBRUARY 28, 2006
                                   (Unaudited)
                            (Stated in U.S. Dollars)


3. SIGNIFICANT ACCOUNTING POLICIES (Continued)

     c)   Foreign Currency Translation

          The Company's functional currency is the U.S. dollar.  Transactions in
          foreign currency are translated into U.S. dollars as follows:

          i)   monetary items at the rate  prevailing at the balance sheet date;
          ii)  non-monetary items at the historical exchange rate;
          iii) revenue  and  expense at the  average  rate in effect  during the
               applicable accounting period.

     d)   Basic and Diluted Loss Per Share

          Basic loss per share is calculated  using the weighted  average number
          of shares  issued and  outstanding  during the year.  Diluted loss per
          share is calculated using the treasury stock method.

     e)   New Accounting Standards

          Management  does not believe  that any  recently  issued,  but not yet
          effective,  accounting  standard,  if currently adopted,  could have a
          material effect on the accompanying financial statements.

4. RELATED PARTY TRANSACTIONS

     Services Rendered by Related Parties:

     The Company has been provided  with  non-cash  services from an officer and
     director.  Accordingly,  consulting  services  have been recorded of $1,500
     (2004 - $Nil),  and  additional  paid-in  capital has been increased by the
     corresponding amount.

     The value of the consulting  services has been  calculated by  establishing
     the fair value of the hourly rate, times the estimated total hours spent by
     the  director.  No  monetary  amount  will be paid or  exchanged  for these
     services.

                                       7
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

RESULTS OF OPERATIONS

We are still in our development stage and have generated limited revenues to
date.

We incurred operating expenses of $6,544 for the three month period ended
February 28, 2006. These expenses consisted of general operating expenses
incurred in connection with the day to day operation of our business and the
preparation and filing of our periodic reports.

Our net loss for the three months ended February 28, 2006 was $6,544. Our net
loss for the three months ended February 28, 2005 was $5,551.

Our auditors have expressed their doubt about our ability to continue as a going
concern unless we are able to generate profitable operations.

LIQUIDITY AND CAPITAL RESOURCES

We expect our current cash balance of $21,672 at February 28, 2006 to satisfy
our cash requirements until we are able to generate additional revenue. We
expect to be able to satisfy our cash requirements for at least the next twelve
months without having to raise additional funds or seek bank loans. After that
twelve month period, if we have not yet generated revenues sufficient to sustain
business operations, we may have to raise additional monies through sales of our
equity securities or through loans from banks or third parties to continue our
business plans, however no such plans are currently anticipated.

OFF-BALANCE SHEET ARRANGEMENTS

We have no off-balance sheet arrangements.

PROPOSED MILESTONES TO IMPLEMENT BUSINESS OPERATIONS

The following milestones are based on estimates derived from research and
marketing data accumulated by our directors. They are estimates only. The amount
of initial inventory, working capital requirements and the other projected
milestones are approximations only and subject to adjustment based on costs and
needs.

To date, we have accomplished the following milestones in pursuit of our
business plans:

     1.   Obtained office facilities in Vancouver, British Columbia, Canada from
          our director, Steven Bekropoulos;

     2.   Mr. Bekropoulos applied for the applicable business licenses including
          a business license to operate in Canada, as well as obtaining a
          Canadian federal tax number to collect the federal Goods and Services
          Tax (GST) on all sales made within Canada;

                                       8
<PAGE>
     3.   Obtained capital through sales of our common equity. On January 21,
          2004 we issued a total of 1,000,000 shares of our $0.001 par value
          common stock as founder's shares to Nick Bekropoulos (400,000 shares),
          Steven Bekropoulos (400,000 shares) and Serena Tan (200,000 shares)
          all of whom were officers and directors. The shares were issued in
          exchange for cash in the aggregate amount of $1,000. Of the 1,000,000
          shares issued, 400,000 are now held by Connie Linder, who purchased
          them from Nick Bekropoulos on March 8, 2004 for $0.001 per share. In
          September 2004, 100,000 shares were issued to Steven Bekropoulos for
          $3,000 cash ($0.03 per share). In November 2004, we completed an
          offering of shares of common stock in accordance with Regulation D,
          Rule 504 of the Securities Act, and the registration by qualification
          of the offering in the State of Nevada. We sold 1,400,000 shares of
          common stock, par value, at a price of $0.03 per share to 32
          investors;

     4.   Ms. Tan and Mr. Bekropoulos telephoned the sales office of Metohos
          Magazine, the official in-flight magazine of Olympic Airlines to
          inquire about the types of products they advertise in their shopping
          section of the magazine. Discussions also included the type of
          relationship it would be, either straight advertising or a partnership
          based relationship wherein the magazine would share in the
          profitability of the product;

     5.   Mr. Bekropoulos worked to categorize our website to insure quicker
          hits and navigation for the large number of products. He streamlined
          our shopping cart & payment facilities, and designed and programmed
          our electronic storefront at www. theshopstop.biz;

     6.   Ms. Linder and Mr. Bekropoulos secured new product, the "Glam belt"
          and merchandised it at local summer trade shows in Vancouver, Canada
          and the New York Young Designers Market. Mr. Bekropoulos set up
          display table and manned the display at the Vancouver shows &
          subcontracted to a 3rd party to display our product to the shows in
          New York;

     7.   Mr. Bekropoulos made telephone and e-mail contact with potential
          distribution companies in North America through internet sourcing,
          trade show directory & referrals from suppliers, requesting catalogs
          and pricing;

     8.   Mr. Bekropoulos established new consignment/retail accounts by driving
          in retail districts, approaching the consignment and retail stores
          introducing them to our products and securing consignment agreements;

     9.   Mr. Bekropoulos and Ms. Linder hired a part-time consignment based
          salesperson. They posted job opportunities at local colleges and
          community centers and spoke to industry professionals interested in
          additional lines;

     10.  Sales have commenced and income is being generated from our sample
          products being offered for sale;

     11.  Mr. Bekropoulos and Ms. Linder completed a market survey to identify
          trends. The results of the survey highlighted the desire of the stores
          and buyers for higher quality, hand produced, signed by designer
          products that are not commonly available in mass market stores. The

                                       9
<PAGE>
          cost of the survey was completed within our estimated budget of
          $1,000; and

     12.  Based upon the findings of the market survey it was determined that
          Mr. Bekropoulos should make two trips to attend trade shows to locate
          potential suppliers in Asia and purchase sample products to evaluate
          their potential marketability. From October 17-22 he attended the
          Bangkok International Gift Fair 2005 and from December 2-11 he was at
          the Thailand Bestbuys 2005 show.

     13.  Mr. Bekropoulos sourced new product that was identified at the 2 trade
          shows he attended.

In order to become fully operational and profitable, we will need to achieve
each of the milestones outlined below, the cost of which will be paid from cash
on hand:

April - June 2006 -- Mr. Bekropoulos and our salesperson will continue retailing
via consignment, with the addition of new locations and outlets. Inventory from
our current product line may need to be purchased. The estimated budget for
these purchases is not expected to exceed $3,000.

April - May, 2006 - We will work to secure exclusive rights on appropriate
products from the Thailand trade shows for distribution in North America. Our
director, Steve Bekropoulos will negotiate the terms at no cost to the company.

June, 2006 -- Once the new products we identified to expand our product base
arrive from the trade show contacts, we will launch a public advertising
campaign, estimated to cost approximately $5,000. Ms. Linder and Ms. Tan will
contact an advertising company to assist us in the planning of the campaign. We
have not yet identified the advertising company we will use. The potential
increase in sales will be supported by additional sales representatives that
will be paid on a commission only basis. Concurrently, our website marketing,
including Google, Yahoo, MSN and AOL optimization, will begin, the cost of which
is estimated to be approximately $1,200.

CRITICAL ACCOUNTING POLICIES

The unaudited financial statements as of February 28, 2006 included herein have
been prepared without audit pursuant to the rules and regulations of the U.S.
Securities and Exchange Commission. Certain information and footnote disclosures
normally included in financial statements prepared in accordance with general
accepted accounting procedures have been condensed or omitted pursuant to such
rules and regulations. In the opinion of management, all adjustments (consisting
of normal recurring accruals) considered necessary for a fair presentation have
been included. It is suggested that these financial statements be read in
conjunction with our November 30, 2005 audited financial statements and notes
thereto, which can be found in our Form 10K-SB filing on the SEC website at
www.sec.gov under our SEC File Number 0-51414.

The financial statements of the Company have been prepared in accordance with
generally accepted accounting principles in the United States. Because a precise

                                       10
<PAGE>
determination of many assets and liabilities is dependent upon future events,
the preparation of financial statements for a period necessarily involves the
use of estimates which have been made using careful judgement.

The financial statements have, in management's opinion, been properly prepared
within reasonable limits of materiality and within the framework of the
significant accounting policies summarized below:

     a)   Use of Estimates

          The preparation of financial statements in conformity with generally
          accepted accounting principles requires management to make estimates
          and assumptions that affect the reported amounts of assets and
          liabilities, and disclosure of contingent assets and liabilities at
          the date of the financial statements, and the reported amounts of
          revenues and expenses for the reporting period. Actual results could
          differ from these estimates.

     b)   Financial Instruments

          The Company's financial instruments consist of cash, and accounts
          payable and accrued liabilities. Unless otherwise noted, it is
          management's opinion that this Company is not exposed to significant
          interest or credit risks arising from these financial instruments. The
          fair value of these financial instruments approximate their carrying
          values, unless otherwise noted.

     c)   Foreign Currency Translation

          The Company's functional currency is the U.S. dollar. Transactions in
          foreign currency are translated into U.S. dollars as follows:

          i)   monetary items at the rate prevailing at the balance sheet date;
          ii)  non-monetary items at the historical exchange rate;
          iii) revenue and expense at the average rate in effect during the
               applicable accounting period.

     d)   Basic and Diluted Loss Per Share

          Basic loss per share is calculated using the weighted average number
          of shares issued and outstanding during the year. Diluted loss per
          share is calculated using the treasury stock method.

     e)   New Accounting Standards

          Management does not believe that any recently issued, but not yet
          effective, accounting standard, if currently adopted, could have a
          material effect on the accompanying financial statements.

FORWARD LOOKING STATEMENTS

Some of the statements contained in this Form 10-QSB that are not historical
facts are "forward-looking statements" which can be identified by the use of
terminology such as "estimates," "projects," "plans," "believes," "expects,"

                                       11
<PAGE>
"anticipates," "intends," or the negative or other variations, or by discussions
of strategy that involve risks and uncertainties. We urge you to be cautious of
the forward-looking statements, that such statements, which are contained in
this Form 10-QSB, reflect our current beliefs with respect to future events and
involve known and unknown risks, uncertainties and other factors affecting our
operations, market growth, services, products and licenses. No assurances can be
given regarding the achievement of future results, as actual results may differ
materially as a result of the risks we face, and actual events may differ from
the assumptions underlying the statements that have been made regarding
anticipated events.

All written forward-looking statements made in connection with this Form 10-QSB
that are attributable to us or persons acting on our behalf are expressly
qualified in their entirety by these cautionary statements. Given the
uncertainties that surround such statements, you are cautioned not to place
undue reliance on such forward-looking statements.

The safe harbors of forward-looking statements provided by the Securities
Litigation Reform Act of 1995 are unavailable to issuers not subject to the
reporting requirements set forth under Section 13(a) or 15(D) of the Securities
Exchange Act of 1934, as amended. As we have not registered our securities
pursuant to Section 12 of the Exchange Act, such safe harbors set forth under
the Reform Act are unavailable to us.

ITEM 3. CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Under the supervision and with the participation of our management, including
our principal executive officer and the principal financial officer, we have
conducted an evaluation of the effectiveness of the design and operation of our
disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e)
under the Securities and Exchange Act of 1934, as of the end of the period
covered by this report. Based on this evaluation, our principal executive
officer and principal financial officer concluded as of the evaluation date that
our disclosure controls and procedures were effective such that the material
information required to be included in our Securities and Exchange Commission
reports is recorded, processed, summarized and reported within the time periods
specified in SEC rules and forms relating to our company, particularly during
the period when this report was being prepared.

Additionally, there were no significant changes in our internal controls or in
other factors that could significantly affect these controls subsequent to the
evaluation date. We have no identified any significant deficiencies or material
weaknesses in our internal controls, and therefore there were no corrective
actions taken.

                                       12
<PAGE>
                          PART II - OTHER INFORMATION

ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K

The following exhibits are included with this registration statement filing.
Those marked with an asterisk and required to be filed hereunder, are
incorporated by reference and can be found in their entirety in our original
Form 10-SB Registration Statement, filed under SEC File Number 0-51414, at the
SEC website at www.sec.gov:

       Exhibit No.                     Description
       -----------                     -----------
         3.1            Articles of Incorporation*
         3.2            Bylaws*
         31.1           Sec. 302 Certification of Principal Executive Officer
         31.2           Sec. 302 Certification of Principal Financial Officer
         32.1           Sec. 906 Certification of Principal Executive Officer
         32.2           Sec. 906 Certification of Principal Financial Officer

There were no reports filed on Form 8-K during the quarter ended February 28,
2006.

                                   SIGNATURES

Pursuant to the requirements of Section 13(a) or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.

April 6, 2006                 Panorama Investments Corp., Registrant


                              By: /s/ Connie Linder
                                 -----------------------------------------
                                 Connie Linder, President and Chief
                                 Executive Officer

In accordance with the Exchange Act, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on the
dates indicated.

April 6, 2006                 Panorama Investments Corp., Registrant


                              By: /s/ Connie Linder
                                  -----------------------------------------
                                       Connie Linder, President and Chief
                                       Executive Officer


                              By: /s/ Steven Bekropoulos
                                  -----------------------------------------
                                  Steven Bekropoulos, Treasurer, Chief Financial
                                  Officer, and Principal Accounting Officer


                                       13