Monday, December 16, 2013

Tonys morning call 10 mins

Tony  

 Some meetings took place last night & yesterday morning regarding last minute decisions & different directions some want.  They didn't give us 800's this morning when they could have.  Here's the story...15 - 20 - 30 minutes ago the IMF actually released the rates and released the RV.  They didn't have a lot of choices to do that.  Iraq TV is announcing it and there are announcements in Mosques explaining to them that the 3 zero notes will be discontinued effective 1/1/14. They need to turn them all in or they will be worthless
As of right now this moment the IMF has released the rate internationally at $3.85. I do know in 6 countries it has been released at $3.85.   It is being populated in all countries world wide except the USA. The 800 #'s have not been released yet  but shouldn't be that long...today or tomorrow AM.   Other countries are verifying they do have it and are sending it out to their banks now. Bottom line - those countries have banks here in the US and as soon as it's populated we can go to those banks and get it exchanged.

The process has started.   We do have one bank here in the USA who has verified that the rate is about 7 cents here but it is growing.  It should go today as the world banking systems are being updated as we speak.   I don't think $3.85 is our rate, I feel we'll still get our $32.  The $32+ is still on the bank screens.  We are ready to go.   Everybody should be ecstatic.  Give me some more time to get more info and I'll do a blast when I get it

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