MarkZ Wed. Call: 3-27-19
Highlights from PDK-Not Verbatim
MZ: Things are very quiet right now. Which is good. I am still positive we are still on a good timeline
In Reno they were told to be silent.. The overnight news we got is that the goal line is still the 29th for the reset…So I expect a lot of activity around the 29th..maybe Friday night ….800#’s late on Friday or Saturday based on what I am hearing..
I still have not been able to find any more CMKX pkgs other than the test pkgs..
I have been told the vast majority of SKR’s are done now..
Still feeling a 99.9% right now for the month of March
We are watching Iraq closely now……….they are expecting new rates on Saturday
Q: : Mark ~~ Did I hear that you personally know someone that got a CMKX package… Just want to confirm I heard that right ~! Thank you
MZ: I do know someone who got test pkg ..I know him and I trust him..He would not tell me what was in it though …Noone would violate an NDA and maybe lose everything….would you?
Q : so if they post a rate on Saturday will 800’s come out simultaneously
MZ: I am looking at Friday evening at this point ….I don’t expect a whole lots of news before Friday
Q: Can CMKX can get paid before MC MZ ?
MZ: yes they can
MZ: I am looking for multiple choices of banks at exchange centres..
I am not worried about the Zim exchange..I have been told we have 30 days to exchange
Q: : Do you know if the admiral group is wrapped up in Reno?
MZ: I will reach out and ask this afternoon
Q: What currencies are in the first basket.
MC: BRICS countries are in first basket ….along with Iraq and Vietnam….. I will work on that getting you guys a list on 2nd basket
Q: : What will be the trigger for the dealers to change their rates?
MZ: I believe there is only about 4 dealers left..they will get a note …..possibly from Treasury…
MZ: Again I think….imo Friday night the 29th would be the best night for 800 numbers
I will have another call tonight at 8PM est.
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