327,109,197 Shares
November 22, 2020
Our total shares has grown to 327,109,197. We will be sending another wire on Tuesday.
327,109,197 Shares Read More »
November 22, 2020
Our total shares has grown to 327,109,197. We will be sending another wire on Tuesday.
327,109,197 Shares Read More »
November 19, 2020
Our latest share count. Note that our total account value is now over half a billion dinar!
A big thanks to those who continue to add to their investment.
325,259,197 Shares Read More »
November 12, 2020
This completes the share purchases from the last wire our broker received. We are sending another wire today, so there likely won’t be any change in this until Sunday or Monday.
Once they receive the wire we are sending today, we will place a buy order for one million shares of TASC and the balance will be placed in IBSD.
321,054,568 Shares Read More »
November 10, 2020
This is the latest to our stock totals. They just added the rest of the last wire and were able to purchase a million IMAP.
319,054,568 Shares Read More »
I thought some might want to see this and play with some numbers. The graphic below shows our net asset value in our trading account.
489,530,685 is the amount of dinar our account is valued at. With roughly 4400 blocks you can see what your blocks might be valued at should it change value at just one to one. $111,246 per block. Some think it could go over three to one.
While we have no idea what the rate might be, you can use your imaginations with what you think it will be. We’re just posting this for fun, but the amount of dinar in our account is accurate.
November 9, 2020
Below is the latest screenshot from our account in Iraq. We added 1,000,000 shares of TASC and have a balance to be applied to IMAP.
This screenshot shows a bit more information than previous ones to show you the actual value and what we are averaging per share.
318,054,568 Shares Read More »
November 8, 2020
Our latest share count. Please note that I had stated I planned to build up TASC (Asia Cell) until we reached 50 million shares. Our brokers recommended BBOB (Bank of Baghdad), so I stopped with TASC momentarily and built up BBOB.
We have reached that 100 millions shares of BBOB and will move to building up TASC. The shares will be slow to grow buying these stocks as they are much more expensive compared to BBOB, but we are growing at a steady pace.
We currently have 331 members and well over 4000 blocks. There is one wire just received in Iraq today.
All funds received from investors are now in Iraq with a small addition of extra funds to cover what may come in over the next few days. We have sent over $400,000 over so far with more to go as more continue to add to their blocks along with new investors.
I want to say thank you to all who have trusted in this business and helped up become one of the largest private investment groups in the Iraqi stock market. Your faith in our business is not only unexpected, but humbling.
We can only pray the latest political developments has little to no impact on what we’re hoping happens soon.
317,054,568 Shares Read More »
November 3, 2020
Our latest stock count is 273,164,568 shares. Under our broker recommendation, we are going to purchase up to 100,000,000 shares of BBOB (Bank of Baghdad) stocks. They had a great 3rd quarter and the stock is priced right.
We will go back to adding to our TASC shares once we have the hundred millions shares in BBOB.
We currently have one wire on the way and sending another today with one more expected by weeks end.
273,164,568 Shares Read More »
October 19, 2020
Our latest stocks owned as of Oct. 19, 2020:
224,164,568 Shares Read More »
October 13, 2020
Updated share count. There are times when the broker is unable to buy all the shares at once and could take a day or two to complete an order. This is an addition of 700,000 shares in IMAP to complete the latest purchase.
As of today, 10-13-20, all funds have been sent and all buy orders have been completed.
We currently have under $1,000 to send to the broker.