7-20-2012 Gary (PTR): There are a number of negotiations going on. Our understanding at this point is the U.S. went to the UNSC to ask them to get involved with the border issue and it was vetoed last time but they asked China to give them permission not to veto it and then they could RV at this point.

China did veto it though.  We think China is waiting for us to move forward first. There are some political dynamics that involve international activities.

That's one of the things we think might be having an impact on things.
...
Read More Link On Right

  7-20-2012 Tony (PTR): I'm real frustrated myself because I heard it was supposed to happen by the 19th. I talked to our contact in Iraq he said they were mad at Shabibi because he messed up and made the dollar stronger.

He said 2 other guys also said he is stabalizing the dollar against the dinar so it wouldn't fluctuate during Ramadan. There was a vote at the UN and then another one today. It didn't go the way we wanted it to go.

The issues with Syria are causing problems with the currency and the black market and the people who are involved with the RV. They are saying in the news, the mosques everywhere that the rate will be 1 to 1 but that's just in country. Out of country the rate for us will be a lot higher. When the border situation is resolved this will happen.

It could be today, tomorrow or the next day.  The RV is done and can happen on any given day.  This still could be a good day.

7-20-2012 Dan (PTR): Today is an irritating day for me.  The rumors coming out sound made up to me and that's just how I feel. The good news is everyone still thinks we're going to RV but that's about it.

I don't think Ramadan had anything to do with the RV.  I'm really scratching my head right now wondering if what we're hearing is real.

I still think it could happen sometime this month and definitely before 2013 but I kind of feel like I've got a reality check.