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
WE SPEND THE FIRST 45 MINUTES WITH CBD MATT AND LUCAS AND MARK WILL GIVE HIS NEWS UPDATE!
Member: Good Morning and welcome to the weekend
MZ: Since its quiet on the RV front I want to answer questions and talk about the Zim today
MZ: I do know a few redemption center folks on standby today…. There is a lot of chatter that come Monday morning we will wake up and see it(RV) ….I don’t know- but the chatter is deafening.
MZ: I have not yet seen a couple key people move to the western location in the US yet though. They have not been called there yet. Is it going to be a last minute thing???
MZ: The chatter is good and the news out of Iraq is steller. Lots of meeting going on between now and the 25th.
MZ: I very much believe that the month of September is still very much in play.
Member: The PTB need to hurry up then…..9 days left
Member: I have heard that they want RV to start by September 30 as that is the end of the fiscal year
Member: I’m on the layover in Reno. I think I’m going to go on a “ whale hunt “ i’ve got questions I need answered BTW can you give me a description of what they look like lol
MZ: Lets talk about the Zim first. Lots of people still wondering will it pay? Will it not pay? What are expectations and my understanding of it?
MZ: Know that the ZIG- the gold back Zimbabwe currency is very different from the Agro Checks and Zim notes most of us hold.
MZ: It is my understanding that the funds to redeem out Zim bonds come out of humanitarian funds. Since it has taken so long – these funds have been earning interest…and are kinda like a modern day prosperity package.
MZ: This does not mean that all exchange funds have to go towards humanitarian projects.
Member: Zim is a bearer bond to be paid to the bearer the face value of the note imo
Member: Do you think they will have projects we can choose from?
Member: We have been told there are pre-selected projects you can select from on the ZIM
MZ: I was told we will be presented with a short list we can choose from
MZ: I have been told that the Agro checks funds do not come from humanitarian funds. These are totally for you and your personal use.
MZ: The ones we are most familiar with – the 100T notes- it is my understanding that per each note- $30-$50 million go into your pockets for your personal use…. and you will have the ability and the choice to get extra and commit that to humanitarian projects.
Member: Will they only be accepting the 100T notes or will the lower ones be honored?
Member: Mark said in the past that they will all be honored.
Member: Can we exchange more than one Zim bond? I heard rumors that is all they will accept.
MZ: I heard we can exchange as many as we want/own…..no limit
Member: Will you be able to make 2 different appointments to exchange if you are out of town?
MZ: Yes…I was told repeatedly that is the case….but they would prefer we do it in one appointment. But they understand logistically this may not be possible with travel, locations ect……try to be organized and make it easier for them and yourselves if you can.
Member: Thanks Mark for all your thoughts…..have a wonderful weekend everyone.
Member: Have a great day everyone! See you all on Monday.
