MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good evening all
Member: Mark, Was today what you had hoped it would be?
MZ: The bond people are still very excited and waiting on meetings tonight
MZ: In Iraq: “ Telecommunications : Iraq post has achieved great success in the digital transformation of financial transactions” This is their version of the US post office. They have come up to speed…They are digitized and reducing corruption.
MZ: “ Iraq Fund for Development: The government succeeded in attracting investments worth $100 Billion” these are some of the biggest countries in the world. They would not be coming to Iraq if they were unstable.
MZ: I told you this morning about how the articles on the exchange rate are sounding so much like what we saw in Kuwait. “Deletion of zeros and revaluation of Iraqi dinars” There is quite a conversation going on….and this article talks about what is involved and why they need stability. This article is a great read. And they have ticked almost every single one of the things needed to revalue.
MZ: There are open conversations going on in Iraq talking about the changing of the value of the dinar and the deletion of the zeros.
Member: What do you think they are waiting on Mark? If you could guess, what is the hold up?
Member: hopefully after the elections….someone will let it go
Member: enjoy your night everyone. Maybe by tomorrow we will have big RV news.
