Nathan has been told end of May at the latest this thing (RV) will be done.

by **Ponee** Tue Apr 14, 2020 9:06 pm

Nathan My primary theory if this does go public...I don't know if it is, all I think is that by the end of May maybe it might stretch into June. I've told people I know personally I've given them a deadline at the end of June...I'm a person who likes to manage expectations. I'm personally banking on the end of June. Now I've been told end of May at the latest this thing will be done. That doesn't mean that this is a public event. It might be a closed shop event. It might be a public bit I just don't know and if I did know I would at least hint at it but I genuinely don't know. And the people who really would know have not told me. I don't even know if they know. I do know the institution pulling the trigger on whatever this is. I've been in this game for 3 years and I only recently found out who's pulling the trigger on this thing...

I can tell you this much on the transactions I was involved in the last couple years I never transacted on anything above $1 and it was sub a dollar...the contracts that I transacted on it didn't stipulate the rate. It was a certain amount of money for a certain amount of IQD. You obviously by extrapolating the amount you've got a rate. There's so many variable involved in these transaction but you could extrapolate a rate out of the transaction by simply dividing how much IQD and how much the offer was for it. It was nowhere near a dollar. Nowhere near .50 cents. Nowhere near .10 cents. But it was a significant premium to the face value of the IQD. .01, .02, .03, .04 cents is a huge huge return in anyone's book. Those transaction are different these are institutional plays. Whether they were buying the IQD for an RV I don't know. That information was never disclosed to me or my associates. But they thought they paid a significant premium up and above the face value of the IQD at the time...

04.14.2020