-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 NuCaMoKBNlqLs7No5eplVePlMuR/oJ053hVmoucHmeWwXVn8rvOf0Cu99Mq3IudG
 spj1OT5uzM78vy8jjPUQJA==

<SEC-DOCUMENT>0001481968-10-000002.txt : 20100303
<SEC-HEADER>0001481968-10-000002.hdr.sgml : 20100303
<ACCEPTANCE-DATETIME>20100303130241
ACCESSION NUMBER:		0001481968-10-000002
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 504(b)(1)(iii)
FILED AS OF DATE:		20100303
DATE AS OF CHANGE:		20100303
EFFECTIVENESS DATE:		20100303

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Panama Films Distribution, LLC
		CENTRAL INDEX KEY:			0001481968
		IRS NUMBER:				271587006
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-139211
		FILM NUMBER:		10652457

	BUSINESS ADDRESS:	
		STREET 1:		2731 SILVER STAR RD
		CITY:			ORLANDO
		STATE:			FL
		ZIP:			32808
		BUSINESS PHONE:		3526013556

	MAIL ADDRESS:	
		STREET 1:		2731 SILVER STAR RD
		CITY:			ORLANDO
		STATE:			FL
		ZIP:			32808
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001481968</cik>
        <entityName>Panama Films Distribution, LLC</entityName>
        <issuerAddress>
            <street1>2731 SILVER STAR RD</street1>
            <city>ORLANDO</city>
            <stateOrCountry>FL</stateOrCountry>
            <zipCode>32808</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>3526013556</issuerPhoneNumber>
        <jurisdictionOfInc>FLORIDA</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Limited Liability Company</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2009</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Ferd</firstName>
                <middleName>Ben</middleName>
                <lastName>Sebastian</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>2731 silver star rd</street1>
                <city>orlando</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>32808</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>No Revenues</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>04.3</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <yetToOccur>true</yetToOccur>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>150000</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Randy S. Lacey</recipientName>
                <recipientCRDNumber>None</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>520 Corey ave</street1>
                    <city>st. pete beach</city>
                    <stateOrCountry>FL</stateOrCountry>
                    <zipCode>33706</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <value>All States</value>
                </statesOfSolicitationList>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>600000</totalOfferingAmount>
            <totalAmountSold>0</totalAmountSold>
            <totalRemaining>600000</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>0</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>60000</dollarAmount>
                <isEstimate>true</isEstimate>
            </salesCommissions>
            <findersFees>
                <dollarAmount>30000</dollarAmount>
                <isEstimate>true</isEstimate>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>90000</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Panama Films Distribution, LLC</issuerName>
                <signatureName>ferd b. sebastian</signatureName>
                <nameOfSigner>ferd b. sebastian</nameOfSigner>
                <signatureTitle>managing partner</signatureTitle>
                <signatureDate>2010-03-03</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----