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Current Stock Totals

September 15, 2020

Below is the list of what we currently have. Note that they are still in the process of completing our order for 100,000,000 shares of BMNS which currently stands at 45 million. This figure will be changing over the next few days as they continue to buy these shares for us.

We currently stand at 108,975,000 shares total in their market.

Current Stock Totals Read More »

Trying to stay ahead!

September 14, 2020

I sent a wire today that covers all funds sent to us through today with a bit extra. That extra is now gone so I will be sending another wire tomorrow.

I will add another cushion tomorrow to cover around 90 blocks and then another wire as soon as that gets down to about 25 blocks.

What I mean with this is that I am adding personal funds to our trading account in advance of selling the blocks to you so that most funds are invested the day I receive funds from you. I will continue to add my funds when the advanced amount falls below $2500.

We are selling 30 – 50 blocks on slow days so I need to make sure as many are invested as possible when those funds reach me rather than the trading account.

I will credit myself with blocks and deduct what I sell to you when I get your funds. There should be no worries about you not being a part when you send funds to me. I can’t guarantee this will eliminate any and all refunds after a rate change, but it will most certainly insure most of the funds are accounted for.

Trying to stay ahead! Read More »

How much time do we have left?

That question and ‘Do I have time to add more blocks?’ are asked a few times EVERY day and I’m sorry, but it is getting tiresome to answer.

No one knows how much time is left. Anyone who claims to know is a liar. It is as simple as that.

If you are considering joining this group of investors or thinking about adding to what you already have, it is up to you to make that decision. I’m not trying to be rude at all, but I know nothing more than anyone else, which is nothing at all.

For us, it is business as usual until there is a change in the value. I am not going to push you into this or say there is no more time. We do not know. You lose nothing if you send in your funds and the change happens later that day or any time before your funds are sent over. Should that happen you will get a full refund. This is all I can assure you about this.

I want everyone who wants to be a part of this to be a part. Since we won’t know until it happens, if you are trying to decide, you could lose out by procrastinating. That is something I also have no control over.

How much time do we have left? Read More »

Cash App no longer an option

Sorry to all those who have been sending payment via Cash App, but our service has been terminated. They will not give a reason other than saying we ‘violated’ their terms of service.

This app is owned by PayPal and they are about the worst service out there. We tried paypal with the old group and had massive issues with them.

There is something about ‘investing’ that they fear. We will continue to look for services where we can continue to give you options, but it is very difficult and any service which accepts credit or debit cards are not an option as we have tried that before.

It could get to the point where we can only accept cashier’s checks. Please know that this is not something we are aiming for or want, but there simply isn’t a company who will work with us. None of this is happening because we are doing anything illegal or against any laws.

When it comes to ‘investing’, too many companies see it as a risk or something. We can’t dictate to any company how they choose to operate, so we are at their mercy in allowing us to accept payments through them.

Cash App no longer an option Read More »

ALL Funds Sent

Finally!!! It has been quite a struggle with banks to get the wires to Iraq.

I just scheduled the final 2 wires which will go out sometime Friday during business hours and it includes some of my own personal funds to be used as a cushion for any future funds brought in.

Once these wires reach our trading account, which should be Sunday, I will be placing an order for 100,000,000 BMNS (Al Mosour Bank) and the balance of available funds into IBSD (Baghdad Soft Drinks) which will be in the 13 – 15 million share range. There will be a total of 9 wires sent that have not been used to purchase stocks with these last wires.

I will get the latest figures posted as soon as they execute my order. It may take until Monday or possibly even later to make all the trades.

The good news is that any and all funds sent to us by you investors through Sept. 10 will be there and in our account this Sunday.

ALL Funds Sent Read More »

Let’s ‘Pretend’ What It Means

Please note this is strictly hypothetical and has no actual bearing on our value or payout. Nothing here is set in stone or should be taken as an indicator of things to come. This is a fun way to get an understanding of the potential of what you are invested in.

We get questions about this all the time, so let’s play it out.

Let’s say that as of today, even with another $50,000 plus needed to be wired with available funds, that we have a total number of shares at 50,775,000 (actual total).

There are currently 2,580 blocks distributed.

50,775,000 divided by 2,580 equals 19,680 shares per block.

Let’s say there is a revaluation in the Iraqi dinar and every stock is valued at just $1.00.

That would mean that our value of stocks is $50,775,000.00.

That would equate to a value of each block at $19,680.00.

If the stock pays dividends of 10%, each block would get $1,968.00 (less fees, exchange fees, etc.) per year.

This is what you would earn for each block each year.

This can’t possibly be estimated or even anticipated of course, but can give you an idea where your investment may lead.

Let’s say dinar revalued at just $1. This would mean TASC would have an initial value of around $7. per share since it is around 7 dinar per share now. We currently have 18,735,000 shares. That would equate to a total value of $131,145,000 or $50,831.00 per block. Paying only 10% (actual dividends were well over 10% the last 3 years) would be an annual return of $5,083.00 per block per year. That is only one stock. Not bad for a $110 investment!

What if the dinar revalues at $2 per? Or $3? You have to play around with the numbers and it can be quite staggering.

We don’t know what is going to happen or when, but getting into the stock market rather than investing only in dinar has the potential to do far better and create a much more lucrative return.

This example is for entertainment purposes only and does not reflect any factual details. You must decide what you believe the value may be of the Iraq dinar. You play with the numbers using your own estimation knowing we don’t know if or when the value will change or at what value it may change to.

Have fun playing with the numbers.

Let’s ‘Pretend’ What It Means Read More »

Stock Update

September 7, 2020

Below is the latest stock count we have. We have a few million dinar available and will be adding another bank stock BMNS which is Al-Mansour Bank. This stock has potential growth and will pay around 4% dividends.

We are also going to continue to add to IBSD and TASC while funneling a portion of funds to about 6 – 10 other stocks so we can get a good variety of both growth and income stocks.

Sadly, there are not very many companies on the ISX which fit either bill. It is a slow process to try and get the right ones and working with the brokers to help make that determination.

We’ll keep you posted on our progress. Our total to date is 50,775,000 shares.

Stock Update Read More »

Current Shares

September 6, 2020

Here is what we own as of 9-6. We have a new order in for additional shares. Currently there are 5 wires sent last Thursday and Friday totaling over $46,000 which will be used to purchase additional shares from an order placed today. Actual number of shares in our account as of today are 37,775,000.

Please note that I asked a few questions and they will not answer directly about a change in the rate, but did comment when I said there seem to be a lot of changes coming in the financial markets:

“And about the financial market there are several deals that happened between US and several countries to flourish the investment.”

Current Shares Read More »

Where we stand.

September 3, 2020

They have received 3 additional wires that have not been converted to stocks at this time so these counts will go up sometime today or tomorrow as they increase our holdings.

TickerSecurity NameShares%
Banking  
BBOBBank of Baghdad10,000,0003.70 %
Total Banking 3.70 %
Communication  
TASCAsiacell Telecom12,735,00076.67 %
Total Communication 76.67 %
Industry  
IBSDBaghdad for Soft Drinks7,790,00019.63 %
    

Where we stand. Read More »

Change in Payment Methods

Due to the constant issues, fees, hold times, etc. we are removing bank wires as a payment method for obtaining blocks.

Sorry for any inconvenience this may cause, but the issues are simply too counter productive to offer this as a payment methed.

You must send a cashier’s check or use one of the payment apps from this point forward.

We will accept those that are currently in the process, but no further wires will be accepted after this week. We will no longer supply wire information.

You can send a cashier’s check overnight and it will be faster than the wired, believe it or not. I also understand the cost may be a little higher to do it this way, but accepting wires would require an additional fee as well. This would be on top of the wire fee you are paying on your end.

Zelle may also become an issue in coming days and we will let you know if that is the case.

I can’t pretend to understand why we are fighting constantly to receive your funds. It seems once there is a hint of Iraq being involved, everything comes to a halt.

Please keep an eye on further announcements of any changes which may be necessary to provide you the opportunity to get involved or grow your current investment. We aren’t doing any of this to cause you inconvenience. We are in constant battle with forces we don’t understand and they aren’t sharing any reasoning of the actions they continue to take against us.

Change in Payment Methods Read More »