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 Morning Mark, Mods and Members
Member: Top off your coffee MarkZ! Looks like it’s a busy morning for news!
MZ: We may be in for a crazy few days everyone.
Member: I did hear that Iraq had passed everything and I think they’re ready to go
Member: There are rumors HCL is done.
MZ: They are operating as if HCL was done. I am convinced it is done- just not officially announced yet.
MZ: “Sudani: The challenges of the 2025 budget will not hinder salaries . Is Ira on the brink of a financial crisis?” these are the normal back and forth article they throw out there just before a value change.
Member: So I hear – Iraq approved it, but didn’t do it in time to be already in affect? So we have to wait till Sunday.
MZ: “With documents: Test of the draft amendment for the budget law.” The second reading is done and we are waiting on the third reading to have their budget.
MZ: The rumors in Iraq are along with that third reading they will announce the HCL.
Member: The third reading is the final reading.
MZ: We hear the third reading may be on Saturday.
Member: What is HCL?
MZ: Hydro Carbon Law. it’s the profit sharing between the Erbil region and Iraq. We were told when it is passed- the RV can occur. Within days of it passing the new rate should be out.
MZ: It may be time to start getting excited…We just need to manage our expectations
Member: is it true the budget was published in the Gazette yesterday?
MZ: it is absolutely not true. But I am told there is a good chance it could be published in this Saturdays Gazette. I heard that from a couple folks who believe that is going to be our “Go”. But it most likely will be next Wednesday.
Member: Iraq has never done anything on time…..lol
MZ: “Parliamentary finance is considering reviewing the price of oil in the 2025 budget” In the article they say they may be making a change on the price of a barrel of oil and the EXCHANGE RATE of the dollar.
Member: What will happen if Iraq doesn’t revalue its currency by December 10th .. anybody have any ideas?
Member: We will just continue to sit and wait like we have been doing for years….
Member: apparently the money auctions must end before rv.
Member: Dr. Kia Pruitt had Rod Steel on last night. Over 2 hours of intel from Rod.
Member: 2 of Rod steele’s contacts said late January
Member: I still think we have to wait until after the inauguration on Jan 20th. So that fits.
Member: Rumor floating around that we are going to see the new Dinar rate on the Forex on Sunday.
MZ: Unfortunantly no bond news today.
Member: Can you address what the strict NDA will entail?
MZ: We do not know exactly what the NDA will look like….or if we will even have one. I was told by my banking folks that they do not think we will have one unless we have Zim projects. Otherwise they don’t think we will have one.
Member: IMO- The main project all of us will have is how to use the money wisely.
Member: how long do we have to redeem or exchange???
Member: Mark has always said about 10 days to make appointments and 30 days or so to exchange.
Member: Should we be concerned about safety when we go to the bank to exchange?
Member: We are told Redeeming banks or redemption centers will have plenty of security. The best security we will have is to keep our mouths shut about our new wealth.
MZ: Dr. Scott Young will be with us tonight.
Member: Still Hoping for the best Christmas ever!
Member: Can you feel the excitement? Hope this happens by Christmas!
Member: Everyone enjoy your day. The best is yet to come.
