PTR Conference Call NOTES 6 23 2011
(Editors Note: this was emailed to us)
Please Excuse Typos!
(Sorry guys – had to go to a meeting so ended notes a little early – 10:30)
Dan: Call just put out 15 minutes ago…. A little bit of information. A lot of questions coming in through the site/emails. Will address them on call.
Tony: A lot of information out there. Shabbs did make the announcement that this project would be completed by end of month. Saw news article from CBI re completion of raising the 3 zeros… IMO that’s all the announcement you will get – this is the RV. Perfect timing. World all around the world the other currencies supposed to happen today. Our banks are ready.
Told you last week – banks told within 24hours. The told me today is it. Talked to UST people (the actual person who sent letters to the banks last Weds.) They are saying nothing has changed. Everything ready. Obama is not the one holding it ip/. He was upset last Friday that it didn’t go through/.
More the banks concerned about all the people. People over running the banks – we let them know a lot of crazy people with dinars in their hands…. That all these people will be coming in…. supposedly now all ready to go. Iraq ready to go.
Nothing holding us back that we can see. UST, Homeland, banks etc saying nothing holding it back that they can see. DFI release last night after banking hours. Nothing holding this up. Just have to wait and hope and pray this is the day.
I don’t control it. Dan doesn’t. Should be a great day in your lives today.
Dan: Tony – I got calls from 2 separate people that you don’t know…. We were getting calls confirming this…. Why would be believe that their information is correct?
I use this as a marker myself. Not that I believe the calls I got last night… told me parliament has been meeting till after 1 am every morning. They have serious business they are doing… Washington had guests at the White House yesterday regarding world economics… things with our investment and the monetary system as we know it.
90% of you know we won’t tell you the information on our sources. You see what happens when things are let out. The banks realize this is going to be chaotic… that’s why they had to take a step back and say – do you realize what is going to happen?
This call done cause a l;ot of confusion out there and not understanding what’s taking so long etc… this has never taken place before though. Internet changed everything. I think people get in a bad mood urgency cause of reserves….
Always almost here…. Almost retired…. Almost done….
You were fortunate enough to know about this. All we are looking at says it is on the horizon and almost here. Don’t bank on a specific day. I think in a really good place.
We are launching this site or tomorrow for good reason.
We took down the SF event cause no one was signing up for it… we got about 100 emails about what happened – I apologize….
Who knows if Maliki or Obama will announce it – don’t think anyone will… No one can tell us how it will go down… We’ve been hearing different things
Tony: M saying highest currency in region… Shabbs saying by end of the month… CBI saying completing the plan… best thing is hearing that plus our resources… all on same page now. We are finally there. Every one saying exact same thing. That’s the difference between now and last month etc…
Hearing from over there and the top agencies over here. That’s telling me we’re at the end of this.
Elsie: Keep your eyes peeled. It’s their time not ours… Lots of articles coming out…. Today’s a good day… tomorrow’s a good day – may have to wait till next week. We will all be together on the board.
Dan: One of reasons put together the backstage pass is to do morning meetings saying where we are at… place to ask ?’s – Tony and I will be on the board to answer those ?’s…. A lot talking about the text messages… a part of it – there are 4-5 more pieces…. You will see a really well put together information board. I am excited about it.
Beverly? – With all of these sales of iqd – is that hurting the country?
Dan: Trillions of $ of this currency being bought.
AJ – My contact and I spoke this am. Said we could put out that a high probability we will see it late afternoon. Depending on the hour that it happens could see today or first thing in am if banks have updated over night. A little confused about rate… does know it will be above $3.22 pre-war rate…
Dan – Good information too.
Simon: I did hear some information this am. Had to do with the IMF and $ being transferred. Tony was able to confirm that. The IMF is handling all the funds… that’s cause the $ they are handling is in trillions and the Iraqi banking system is not prepared to handle it. Looks like it is happening ver quickly. (DFI $).
Dan – I got 2 confirmations that done at end of banking yesterday. Always suspicious when that kind of information so fluent with so many people. I am always amazed at the amount if information we are getting now when we should get none. Thin k very educated people guessing based on what they are hearing. Have had good information about almost there.
Tony: Talking to the different agencies – they have said that they put information out there. They said it was out there and didn’t want it to be chaos. Needed to have some information so people would know what was going on. Once mil is our of bottle lets control where it goes. This has been by design. Say this and not this. We have been told we were picked to put information out there by them. Wanted to be sure we put out the correct information. That’s how some it has come out. The agency let that be known. Said listening to this site and some other sites. Being monitored. Are crazy people out there…. We are privileged to have it. Some gave to us… some through relationships…they didn’t expect 20,000 people would hear it.
Dan: This has been a big gift to us and a lot of people. Responsibility lies on us to tell people – pay the taxes… obviously pay the least amount due… this country does have to run… we’ve tried to promote asset protection etc for a reason… I don’t like these people who say they know how to not pay taxes… yes the govt wastes $ but they do good things too…. The fire depts… police depts…. Etc…
You will never wonder what I am thinking. Bev’s ? was really good. A lot of confusion out there…. We were raised on stocks etc…. in stock world if a trillion shares out there – les than a penny stock no value. The ID is the opposite of that fact. Currency world is totally different.
IE – if the us had 10 trillion $ out there people say the value there is less. It is less cause they are spending more than brining in. The amount of $ out there is a good thing – the money doesn’t go back to the feds and say give me $ back.
They want as much IQD out there as possible – why? IQD is going up. The only reason to cash in is cause you want to use usd here. This gives value to the IQD and tradability in the market. This will become a trade unit for us. Smart people will probably get lower denoms and hold on to them for a few.
The Fed will do a digital acknowledgement of how many brought in. Will then burn them.
This is not a stock #. Short term a good thing that more and more IQD out there.
Tony: Even the $ that is cashed in – already have an agreement to now get to Iraq for 6 months anyways. The portion they don’t get will be done over 20 years. Have the agreement to buy barrels of oil using dinar that we have in our foreign reserve. Each country is responsible for getting their own currency paid out. Each country cashing them in and goes into the reserve bank in that country.
Dan: I’m not a political person. I don’t pay attention. I have family members asking me how I know so much about IMF, BIS etc… I have been studying this investment. Even the board we are putting tougher will be all about being educated. If doesn’t happen for a week or whatever we become a better educated board… it will help you understand why you need to hang on to this.,…
? I am pretty solid on where these things will come out…. So many things we won’t know till rules are out. With that in mind – if it is that close I am waiting to see what happens. I know your conviction on the rate and agree worth $3 plus. With Shabbibi talk re date – he also mentioned the audit of the.85 - $1.30. Could it be released at then and then back up within 30-90 days? Delta says CBI could loan the $ to the country… what is your take?
Dan: Can I say hell no. I do not believe they will come out that low and go up in 30 days. They would have to stay there per the Iraqi constitution. If they re-instate it has to be $3.22 … USD has dropped so it would be more. If the RV it – it will be much higher due to companies and countries investing in there compared t when Saddam was screwing it up. Why would they put it at .86- $1.35? From Al Quaeda to other groups – they would buy up this $ and have their $ quadruple their $ in 30 days?
At $4 no one will buy a truckload of it…at .86 they will…. The Iraq situation is a fact of their wealth…those guys are smoking something when they say .85 - $1.30.
I believe shabbs said that for same reason he said a year ago they could withstand a $12 rv…. Does that mean it will be – no…. The facts are their constitution and the IMF stipulates what it has to do.
Tony: Shabbs statement was an answer to the IMF re the audit. Contractors have been getting paid in Iraq for last 2 months. They are paying them over $4 usd. Right now. We know that’s a fact. Have docs to prove it. Iraq had an in-country adjustment to their dollar. That’s how they are doing the lower denoms now. Why would they put them out if .86 or $1.30? No sense. Our intel – bank people – we have already seen the rate and seen it change 3 times already – no where near .86. No where near a fact.
Dan: You asked it and qualified that you don’t really believe it… You can rack me with a stick for ever .10 it goes under the $3.22. Won’t happen. You said happy with. 86 – so would Tony and I. I am sticking to the higher $ cause everything we see starting with the G20 a year ago said $3.22. IE – is your BMW worth $10k – yes actually $75k… Like Shabbibi said – of course we could sustain .86 or $1.30 not that it would be that.
? In other countries – before they rv – come out with misinformation. This seems so obvious now with all the news, intel etc… makes me suspicious. Why not the same pattern?
Tony: It did – last week…. We were getting all the misinformation re supposed to happen in last 2 weeks. Stopped a couple of times. Now at the last point – June 30th…. End of UN sanctions.. DFI etc… they don’t care whole hands the $ is in at this point. The CBI ahs put out all they are going to put out. In last month and a half they have gotten the $ back from the bad guys. The period of time is only 5-6 days and done… A world event. .That makes a difference.
Dan: I am not disrespecting other’s opinion here. Scooter spent countless hours with his graphs and research. I have a lot of respect for these guys. I am just debating the facts. I am not that concerned with it. You are looking at history… I did that in the beginning. They have figured out that people are going to buy this by the toms and they can’t stop that. Was a little concerned that the information is strong saying going to happen…. Still some misinformation… talked yesterday about a man who sold 21 million iqd…
I think held to the vest by those who really know… just know we are close. Out of the millions still people saying we don’t know what we are talking about re every other day. They have busted institutions with millions… Al Quaeda etc… we can’t predict where this is going to go regarding the intel… Books are being re-written here….
Be careful about being the 1st to cash in… Tony said you should be the 2nd mouse…. Let the 1st one get caught in the trap. Take very little in to cash in in the beginning. Even my trip to Atlanta is not only about cashing in. This is the beginning of a long life ahead of you….
Tony: The US govt has in place tracking terrorists already…. Even put in new banking laws in Iraq. Our govt has a black list here in US and one in Iraq. They are tracking tbose people and won’t be allowed to track dinar. They know how much TY has, Ali had… tracking who has sent in wires…. Money orders etc… that is how they caught the guys the caught already…
?s UST opening up places for cash in? Only certain bank branches for cash in?
Tony: yes they are. Major banks or locations? They won’t publish that – you will have to go to your bank and ask them and they will direct you to where to go. Not everyone has dinar or has a clue what is going on.
? Is it Tuesday, Wednesday, Thursday only for the RV?
Dan: Don’t know that anyone really knows… Kuwait was on a Wednesday… could happen any day. Thursday or Friday is a great day for the bank if they get us to cash in – they get the interest on the weekend while they are closed. They will look for ways to get profitable… No facts of what days – guessing….. I certainly don’t know… this has never happened before… We won’t know till it happens on many of these things.
Tony: History says that’s what happens. Just don’t know in this case.
Dan: We can’t go by history…. No agenda as to what day…. Will happen at best time for them.
? I wonder with Maliki fighting for 100 days, people’s confidence, dictators etc… wouldn’t they want to go out there and have people cheer for them?
Dan: yes – this every politician is that way – but don’t know if it will be done that way. Wouldn’t be shocked if Maliki and Shabbs go up and say what happened…
Tony: Think they will but after the fact… saying they are back to being one of the wealthiest counties etc. They may very well do that…. They do all of their news things at night. We’re not looking till between 8 and 10 at nite when they do all their announcements. Typically tell their people things in mas but their people already know. Already had the in-country rv taking place. Maybe an announcement of goi etc and rv a part of that.
? A place to give suggestions on the site?
Tony: There is a place just for suggestions. A section just for Dan and Tony – Comments ? Things for Dan And Tony – for you to put in on new area. We’ll be on during the day to address those things. Won’t be on front end – in the back yes.
Dan: We’ve been against doing any of this for profit… Things will be automatically put up cause we can pay people to investigate and post. Will be an area for ? – now that we will have extra time to do things… send out texts… calls…. A lot of the format will be more friends and family cause the negative people won’t be there…. Even mods will be more relaxed… will have information on banks…. Currencies etc…
After the RV… I won’t be here all the time… we will pay someone to look after the site at every moment…. We are trying to be able to hire people to make this the best board. One section will draw content automated from the web…. A lot we are working on… We didn’t think there would be this much going on behind the scenes…
? I look at this as an investment – all the ?’s I have had answered for free, your insights, etc… what I get from other members – I am looking forward to this getting started…
? You mentioned that one of the mods had information about a time frame of 7 days prior to end of month?
Dan: Tony can you help refresh my memory… Something about an agency saying currency had to be activated 7 days prior to. Had a conversation with mods yesterday and that came up…
Tony: That was actually you me and Gary. Gary saying had to be done 7 days before UN release of Iraq. He read it somewhere…
? 7 full days? 23rd would be 7 days prior…
Tony: Don’t know. Looking for today. UST said today. Homeland S. today… over there told today… All waiting to see if this is it. Will tell the rest of the story later…I will try to talk to people in small groups. The new site is how I will get information out… UST guy already told me now to cash it all out so I won’t. Already have information on next country this will take place and how it is being started. Some things I’ll send out a quick text or like this am will send a text to all back stage members and say get on line right now for information. A huge benefit post rv – won’t be here staring at computers… will be here for the 30 days after. Already heard about some things to look at post rv.
? 2 points – If this difficult to put up a site – can you imagine trying hundreds of countries?
Dan – know you are kidding. One of our programmers had challenges with software so got other software… Just tweaking to make it the best…
? I don’t want to be left out of SF but don’t have 2 nickels to rub together – what should I do?
Dan: Don’t want to leave anyone behind on anything. We started to do this with the $25 so we could hold a seat for you and be able to schedule the number of people. Went down when we did that. Hard to find hotels for that many people. Want enough space for everyone and have to know how many people. Will be really strict if you are not on the list…. You would be taking up a member’s seat who registered.
The invision zone site will be identical minus the chat room. Our mods will be more of an advisory board – won’t need 25 mods… they will have different title…. We will do public calls…. If we were to do text messages to all members would be over $16,000. Can’t do that..
Won’t leave anyone behind if we can help it. You can join the new board after the RV. We will pay people to do the radio side and we will come on once a month or whatever… they will be versed in investments and money opportunities…
Everything you need is on the ALG group dvds. On new site they will have a trailer about what is on those dvd’s so you will have an archive of knowledge. Will do a call with them on hew site… In SF, RayRen will be in SF doing seminars as well… trying to help people become the most educated. There will be an hour or 2 a day – newscasts of news of the day, contests etc…
Hopefully this RV’s tomorrow and this won’t be a big deal.
? – Daddy Warbucks…. Just want to thank you guys for tolerating me this whole time. It’s been an oasis.
Dan – I appreciate all of your posts etc…
Tony: Just saying thank you to him – we appreciate members like that.
? Can the registration for SF be extended till the day after the RV?
Dan: If you were in our position and realized that as soon as this happens we will be spending $ and have been doing that for a while now. We have to cut it off before that. Difficult to manage over a certain number of people. We have to get to a certain amount of people and say that’s it. No tolerance of anything security wise. The biggest expense we will pay - besides partying with everyone – is security.
Tony: We are paying for security – huge – continental breakfasts, rooms for event - $100 per person x 4,000 plus the security people around $60K…..
Dan: More the responsibility of having that many guests. Will put it back up for a few days. $25 not that much to ask for us to know how many people will be there. We will do the best we can do.
? Thank you guys and the mods and everybody for everything you do. If not for you guys and the mods and the positivity of the members I would have bailed on this long ago. Thank you so much.
Dan: The gratification I get is when people stay in when they thought of getting out. We just try to get people to stay in the game. Doesn’t benefit me. Would be unethical for me to pump anything up. I really appreciate that it has helped somebody.
Tony: I want to thank you. I appreciate when you guys thank the mods. They work hard. On boards for 8-10 hours a day. They appreciate it too. We couldn’t do this without them. I want to thank them too.
? I have asked Elsie and Mrs. Orlando etc. questions and they come right back to say how can I help you. No power trips. Just trying to be helpful and positive.
Dan: Some of these mods like Elsie – who owns here own company – does a lot for the tem… Wendy a mother with kids… business owners like Simon, Art, KC, Butch, Grip Grip’s wife – all of them work so hard. Let’s try to be a little tolerant. Our new site area – will be a little better with more people…The mods tolerate a lot of stuff…
Tony: left Bob G off…
Dan: Left a lot of people off it was not intentional.
? A weekend some time ago… re rate off of GBP… have you heard more?
Tony: Can tell you that as early as yesterday morning still heard that it is GBP. That it is going to be a somewhat ridiculous rate that will shock you. Will totally shock some of you. They say it is. I say how can it be that? This guy telling me it will be going up. Shabbibi did say it could handle $12…. I say ok I guess so…
Dan: What governs the overall price? I don’t personally believe it will be with the GBP? It will be gauged against these other currencies in the basket and in relationship to other currencies like the USD? Doesn’t that bring down the usd? If gauged to the GBP – we are looking at what the USD is to this currency. If they revalue the USD would it be that would put the rate of the IQD to that? What will happen within days and weeks of the rv? There will be another RV at their advantage of the USD if they pay off the national debt etc….
Tony: If it is $3.22or something to the GBP that will be $5 something to usd. If it is 5.25 to the GBP will be $8 usd. The usd is so volatile right now… that maybe why the GBP. If they print all that $4 the usd will go down even more…. China was saying not making the usd the base dollar anymore making the iqd the base dollar… even if they don’t do that and they make the iqd #2… if this is $10 to iqd and gold goes down… our dollar goes up and we come out even stronger.
The numbers that the banks are seeing are based on the GBP.
? Wanted to offer support to people. I got another confirmation about this. Did PM one of the mods as well. I deal with a foreign exchange office here buying dong. Talked to the lady there yesterday… she said they are buying IQD right now at the current CBI rate…. Said that was big movement. When I first started dealing with them re the dong – they said absolutely not re the IQD… for them to be actually buying it was very encouraging.
Dan: The guy I talked about originally had 100 million. Sold 50 million…. Then got calls regarding people with no jobs feeling they need to sell their iqd…
When he heard this guy sold the rest of his dinar someone got panicked re if something had happened…
? thank you for your 4 hour call that early morning – love your real estate plan…and want to learn more.
Dan: I had close to 400 emails that came in asking me to do something on the internet about that….