(Notes by Adept1):
August 17, 2016
Replay 605.562.3179, PIN CODE 409029#
TNT Call notes 17-August-2016 – truncated
Ray: This one is definitely going to be short, sweet, simple and to the point. Today is Wednesday, August 17, 2016. I have not received the information I wanted to receive so that I can give it to you. The information is pretty much the same. Everything indicated that it would pop through on Monday, but it didn’t and hasn’t so far today either. We were told that some banking folks were called in to work, and don’t know the purpose of that yet, whether it was to prepare or to do full-blown exchanges. So we are just sitting and waiting to see what happens.
Some leveraging opportunities have come through as we wait, so it’s just a matter of how many opportunities take place while we wait. We are not getting much on the RV itself, but if you are in the right place/moment, you can take advantage of those leveraging opportunities. I am happy for those who have been able to take advantage, knowing it will come to us. Let’s take questions from the TNT forum.
Q: Any idea of how much longer before we are at the bank?
A: I hope by the end of the month. Everyone is playing catch up, and we will see the results of it very soon. I cannot see anyone putting up with this for much longer. I don’t seen any time it has to be done by; we’ve had some ‘or else’ situations in the last year or two, and they have gone by.
Q: You have mentioned many times that the banks are ready — they are expecting to have us come in and many are there extended hours. Who is it that tells the banks to get ready – to expect us. A three-letter agency or who?
A: I don’t know, and I don’t think it makes much difference so long as the banks are getting that intel and acting on it. I don’t see what having that answer will do for us; we still wait until it’s our time.
Q: Have you heard of any leveraging opportunities coming from Canada – and if so can you share what city or what bank – any details?
Q: Ray any info on the 10 Zillion note. Will they take 6 Zeros off and will they accept them?
A: I don’t know what you mean by the ten zillion note…
Q: Anything from the mosques or television in Iraq?
A: Nothing new. There was a rumor of internet and phones being out over there; we have to wait to hear from our connections to find out what is going on. Television is putting out information re: Mosul.
Q: If our currency is held in a trust and we are the trustees, can we take advantage of a leverage opportunity if it arises?
A: If the currency is hold in trust, then it is no longer your currency; it belongs to the trust. However, as trustees, YES you can take advantage.
941 caller: Yesterday I spoke to a gal at a regional currency place. She has been working with WF, and she was adamant that WF will not be exchanging dinar or zim. I told her that there is information that WF will exchange both, but she said that they have been telling their own people they won’t handle dinar or zim.
RayRen: When she says that she doesn’t know anything about that, then she is letting you know that she is repeating what her boss is giving her.
[I had to leave the call here.]