Phishing e-mail sent to Panamoney membership!

I received a very 'fishy' e-mail that supposedly was sent by PanaMoney staff.
I urge anyone who received it as well to NOT click the link in that e-mail!!!

This is the text, I have left the spelling errors in:

Dear Members,

Due to the equipment upgrade of our DDoS protection provider, the client's area of our website can be unavailable from some locations.

PanaMoney Technologies, Inc. offers bonus ThankYou $500 for 100 clients who Upgrade Technical security.
Just upgarde technical security and get your bonus debited into you balance on in 1 week after technical upgarade complated.

Upgrade Technical Security Now (this leads to a fake site!!! Just mouse over the link in the e-mail and you will see a very obvious spelling error in it! I have taken out the link for this post, of course.)

Make sure you enter a valid information. There is no expiration given for this PanaMoney Technical Upgrade Bonus.

Sincerely yours,
PanaMoney Technologies, Inc.