January 14, 2021
A small increase as they continue to work on our buy order from last month. That order will build our total shares to $1,750,000,000 unless there is a rate change prior to completing that order. All funds sent have now been used to purchase shares. We will concentrate on building TASC & IBSD once that order is completed. We currently have an excess of funds of around $12,000. over there at this time. A new wire will be sent once this gets down to around $2000 or so in order to make sure all funds received from you are not turned away should something happen to the rate. You are invested when the funds reach me, not Iraq.
Andy, you are the best. A man of transparency and great character. I always love seeing these updates 🙂
The net asset value is so close to 1 billion. I hope all the orders get completed before a rate change so at the very least we hit that $1,700,000,000 target 🙂
YES APPRECIATE IT HOPING DINAR RV’S ASAP BUT PROB WONT UNTIL OR UNLESS TRUMPY STICKS AROUND WAITED FOR 12 YEARS OMG ITS BEEN A KILLER….
Hi Bill,
Look to March or April. The longer we wait the better for all of us. Investments are for long term and not guaranteed a return. There are no guarantees in life except for hand grenades and horseshoes.
Now this is an interesting and timely article…it deals with bank stocks/shares…and since Woolard is invested in those I thought I would post this here…
Shares of private banks at the price of a loaf of bread!
01/14/20210
Speeches of MPs, financial officials, and economists confirmed that private banks made (fictional) profits, but these profits caused a state of popular frenzy among the shareholders of these banks, whose number is in the millions, because the aforementioned banks have not distributed suitable annual profits for them for a long time, while They believed that they would be blessed with a rewarding percentage of millions of dollars that entered the banks, but these wishes collided with the wall of irresponsibility, and consultations are currently taking place between these shareholders to prepare for a large demonstration, and a number of jurists are being discussed to carry out legal procedures to find out the reasons that led to the loss of their savings.
They bought a single share for one dinar or more (some of them 10 dinars and 20 dinars), while the share price of some banks is now only 110 fils (Middle East Bank), 70 fils (The United Bank) and 390 (Bank of Baghdad) !!
The shareholders of private banks put their bitter reality before the government, the Central Bank, the Securities Commission, the Iraq Stock Exchange, the Integrity Commission and the Association of Private Banks, and they all hope to pay attention to their circumstances, as many of them have sold their lands and homes, especially the elderly who are unable to Work, so they invested their money in stocks in the hope of a stable life. , And also verify the profits that entered the private banks.
We admit that the media is falling short in addressing the psychological wounds of millions of citizens who are contributors, but this failure, God willing, we will replace it later, as media professionals in newspapers, television and radio agreed to open this file that has been closed for years
A citizen told me that he bought 3 million shares of a bank’s shares at a value of 9 million dinars, the value of the share was three dinars .. And for a special circumstance, he recently offered those shares for sale, and he found that they are worth only 180 thousand dinars, is there any measure to stop the deterioration of prices Stocks, and as long as we talk about private banks, hundreds of depositors and shareholders of banks who had a ringtone (Warka, Basra International, Tigris and Euphrates) and others ask about the fate of their money … the door is still closed to find out that despite the passage of years .. The topic has a return and names!
https://www.almaalomah.com/2021/01/14/515415/