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Highlights of TNT conference call. Updated as the call progresses.
Ray: To be a short session.
PREVIOUSLY: The budget was to be approved on Saturday and it was pushed to Dec. 1, then information it was to be addressed yesterday. It's been flopping back and forth. It's back to Thursday, Dec 1, the last information I received. Reconciliation to take place on the first and the final piece of Mosul to be freed up and IMF requirements to be met by the first.
Banks intentions were looking to do private exchange activity starting today. Banks are excited and ready to roll. Iraq ready to roll.
A slew of information was out there over the Thanksgiving holiday. You lived it. If it happened you know it and if it didn't happen you know that too. I remain optimistic.
CURRENT WINDOW: Ray: My hope and plan is for this to be the last call (before the RV.)
IRAQ: New rate is expected to be inside the budget which is why we are so anxiously awaiting it's completion.
- Lower Denom's: Ray believes LD distribution is still in progress and not completed yet.
- TV Mosques
Q & A: TNT Forum
Q. - I got all mine from Sterling. Will I be able to exchange. Ray: Yes, Sterling did not sell any bad currency. That's not what their court case is about. The currency is good.
Q. - If RV goes into next year and new President does not sign EO 13303 we could not exchange. I'm scared spit less. Ray: Even if it needed to be signed again, it won't affect what has to be done.
Q. - Back wall date? Ray: The absolute, we have to get it done by now, back wall date, I'm going to go with the inauguration. There has been verbiage a new incoming President would change things. A new guy might want this or that. So, if you don't want that to happen what do you do? You get it all done. And then again it could be the exact opposite.
Q. - Any chance, since this is drawing out so long, we won't get to exchange. Ray: I don't see that happening, period.
Q. - Can I get a refund from my Sterling purchase that the government took in the court case. Ray
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