Stephen

A redenomination is a net-neutral event.  We walk away, didn’t make any money.  We probably lose a little bit of money on the exchange process…Anytime you see an article put out by the Central Bank of Iraq talking about deletion of the three zeros, what it really serves to do is educate the citizens of Iraq.  It’s not meant to give us a heads up on a revaluation…The more they begin to put out articles like this…as educational campaigns for the citizens of Iraq, I believe that is telling us in a roundabout way that we are getting closer to this event finally happening.  :Stephen