GCR: Where We Are as of 1:45 pm EDT June 2
Compiled by Judy Byington
1. Yosef said that everything GCR rollout-related was automated and in motion, the 800 numbers would just appear at the designated time and as per agreed strategy, the GCR/RV release would be global and everywhere at once.
2. Sierra reported that the old system was removed on March 15, 2017, and we have been on the new system since March 16, 2017.
3. Sierra reported that all revalued currencies have been listed on the Fiscal Services Report for the Us.gov for over 6 weeks, or since about mid April.
4. Yosef said that since last Friday May 26 the GCR War Room had been on lockdown.
5. Yosef said that in the US there has been radio silence from sovereign negotiating table(s) since Tues. night May 30 or Wed. morning May 31.
6. Tank reported that Tier 1 finished the night of May 30 and Tiers 2,3 were poised to go next.
7. Zap reported that they sent a test wire on May 30 and they would send a few small wires to the lawyers, others and the big one to the Paymaster right after the weekend.
8. Zap said that they sent a wire to test the system on their June 1 (our May 31). It was good.
9. Yosef said that Exchange packages with 800# instructions were ready the night of May 30 with disbursal operatives awaiting orders to deliver sometime between earlyWed. morning May 31 through the Thurs. evening June 1 market close.
10. Yosef said that there was a May 31st deadline where all final pricing offers for sovereign historic assets were to expire @ midnight CDT.
11. On Wed. May 31 Landa Global Humanus reported that funds were on their way and might arrive by this weekend, or next week.
12. Bruce said that as of June 1 there were Prosperity Packages going out for multiple reasons as well as for past programs.
13. Bruce said they were still exchanging Tier 3 redeemers as of June 1 evening.
14. Bruce said that currencies in the first basket were live in the Phillipines on June 1 morning, we know they have exchanged in other countries such as Africa and there also have been back door exchanges in US banks (likely at the lower starter rates).
15. Bruce reported that as of June 1 there were over 28,000 redeemers in Tiers 2 and 3 who had been paid and had access to their funds.
16. Bruce said on June 1 that Tier 4 should be exchanging by the time Tier 3 has access to their funds, though Tier 3 did not have to be complete in order for Tier 4 to go.
17. Bruce reported that on Sat. June 3 Iraq would begin romote banking from anywhere in the world.
18. Bruce said that out West in Reno they were receiving multiple wires and looked to be funded in 24 to 48 hours (or by Sat. June 3).
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