[FLPatriot59] TNT CALL BEGINNING NOW.....
TONY - Good afternoon, TNT Dinar. It's Tuesday, October 8, 2013. How's everyone doing? It's about to be a day today! I didn't say what kind, but it's about to be one! We're doing a special call for a special reason.
T - I'm going to give RV info first so if you don't want to hear the rest you can hang up. I didn't really want to do this.
T - Bank people on high alert, on lock-down, told again it will be this evening. Last night they were given additional instructions and this morning they were told they were given additional instructions. The rates are still the same. There is a time tonight it's supposed to come out. The additional thing we learned last night - and I don't understand how it work - they're saying now because of the situation of our economy and what's happened for the past 10-11 years, anyone cashing in any of the currencies included in the GCR will have to sign an NDA that lasts for 10 years - at all the banks.
Read More Link on Right
T - The reason behind it is very simple: they don't want the world to know. How they're going to keep it, I don't know. The NDA is 10-years or 10-years prison. They don't want panic in the streets, riots, etc. people who said it was a scam and lots of reasons behind it. I'm not going to tell you the specific reason - but it's not to protect you and mean. Bank personnel were briefed on this last night and again this morning. I don't know if you can opt out and not sign. We're less than 24 hours to the news. What I don't think is that it gives the restrictions the group deal does. It's a simple NDA - no talking, no book deals, no interviews, etc.
[FLPatriot59] T - Why would they be handing this out today if we weren't close? This may be the last call I'll be doing before the RV. Will this drag out until Wed/Thursday? It might have nothing to do with the vote. They don't care about our vote. O
T - I'm trying to get precise with you and give you the details of the info before you go in. What I'm told is that it includes even if you exchange 1 note. We're waiting and have been given the shortest window ever. It did go live this morning for 20-30 minutes at the teller screens prior to the bank opening. They know it's there in the system and doing what it's supposed to do.
T - That's all the RV news and now I'm going onto some other info. If all you want is RV news you can hang up now.
TONY - The RV is coming. The numbers are the same. We're still looking for it today or tonight. I got a call from DC that the authorization codes were released to the banks. We will be getting the 800#s as soon as they're ready - actually 3 sites will get them.
"LIVE" Q&A STARTING NOW...ONLY RV-RELATED QUESTIONS/ANSWERS WILL BE TRANSCRIBED HERE.
C - timeframe for RV is set, right? Have you been told a time you can't reveal? T - yes, and I can't tell it. The good news is that it's right now. Things are happening right now. The last word we got was "wish us luck."
C - You mentioned exchanging only 1 $25K note? T - Yes, what I've heard with WF is that you can cash only 1 note before the appointment. The significant thing is that you now have to sign an NDA that prohibits disclosing where your money came from. Everybody start thinking about how you're going to explain this. Only 10K have only $5M. Only 1,000 have above $50M. They will concentrate on those. As of this morning they don't expect most to have this in 2 years or less.
C - Regarding the NDA, will we have to sign everytime we make a transaction? T - I don't know. I don't understand a guy with a $10K note having to sign. It's with all of the currencies, not just the IQD, VND, IRP. Some of them are already tradeable, so I don't know how they can do this. We'll have to wait and see.
C - If this doesn't happen, are still under threat of the IMF taking over? T - We did hear that today and, to be honest, most people say it's not going to happen. By the time we heard it we already had a schedule, so not to worry.
C - My concern is that there will be so many people attempting to cash in, will I have time to exchange a note and set up an LLC, see my attorney, etc.? T - You can get your EIN instantly online. I don't know how long it will take people, but their goal is to have people start cashing out within 2 hours of the announcement. I was even told you will not be able to request a specific date for your appointment. It's locked into the system and you'll get the next opening as it comes up.
C - The reason I am bringing this up is that if you did not put it in an LLC you would have normal income and if you transferred to a trust you would be able to get the capital gains that was changed. T - I don't know the tax implications. They are changing the tax laws. Those are questions you can start asking tax attorneys right now. Have a basic strategy in place now.
C - Regarding cashing in 1 note on the 1st visit and going in with the balance later, is that 2nd appt with a wealth manager? T - Yesterday they told me you will be assigned to a cash-in center based on your volume. They 're looking for individuals in setting up these appointments. They'll need your name, zip code and amount you hold. There is a time limit on the calls - 2 minutes. You'll have 15-20 minutes to CE, then make appts to meet with your wealth manager.
C - Is there a person at the top who makes the final decision? T - The POTUS has delegated this to somebody else who is negotiating this because of their own things they want to accomplish. Yesterday we didn't have the NDA. Nobody knew about it so it had to be put in and approved. That was just one more thing to implement last-minute. It was something somebody just thought about. We're still hearing it's done. Last night we got the phone call that authorization had been given. We'll see what happens tonight.
T - THIS IS IT! I hope you understood the call and why it was done, even tho it wasn't my intention. Some things were going on and at some point it needed to be addressed - enough is enough. I hope we can get the RV and we can get the next things and go from there. The bank people are in place and on lock-down. They've been told to be ready - not get ready. It's there. We just have to sit back and wait for it.
END OF CALL.
(Note: since a large portion of this call was TNT site and personal business..we did not post the recording today. The Recorded Call Link and Official Notes from todays call may be found at www.tntdinar.com)