Andy Woolard

March 9, 2021

Our latest share total from the balance of dinar in our account. We still have a $24,000 wire waiting to show up and it will all be used for TASC as we build that stock up.

I hope everyone is doing well. I wired $72,000 to the trading account this week. They have received $48,000 so far, but since trading doesn’t open again until Monday, we won’t see any changes until then as far as changes in our account. They should have the rest of the wires no later than Sunday, so we may see a big jump in total number of shares and of course our overall net asset value will be increased.

The net asset value has not changed enough through today to make anything out of it which is why I have not done any sort of video on it or made a post about it. That should change early next week and I am excited to see and bring you those changes.

Things are looking very promising over there and the news has truly been outstanding. While we are continuing to be hopeful, we have to wait and see if all that news translates into a new rate. Nothing in this is guaranteed, so we need to stay hopeful, but reserved in our anticipation and expectations.

The wired funds should be close to 100,000,000 dinar which would increase our shares substantially. If they put it all in BMNS, we would have enough to cover that part of the buy order plus some extra to add to IMAP and/or IBSD. We are getting very close to completing the buy order we placed in December. We might complete that order this month at the rate investment funds have been coming in lately. Time will tell.

We currently have just under 10,100 blocks to date.

Several have sent mail to us over the past several days. We have not received mail all week due to weather conditions here. Please know that I will get a receipt out to you as soon as I receive your additional investments. The temps are supposed to be just above freezing today so much of this is starting to melt and should be melting off today and tomorrow. I think we will be back to normal by the end of the weekend. We now just need for the USPS to play catch up and get all the additional investments to us.

We are not used to these types of events happening in Texas so they don’t do much to our roads here as far as plowing or putting out sand/salt, especially on the neighborhood roads.

Please note the instructions under the Adding Funds link on the site each time you decide to add to your investment. Some are sending Zelle to the wrong place by putting in my email which has never been an option with Zelle. Be sure to send to the phone number as it shows. Others are sending money orders rather than a cashier’s check which it clearly states no money orders. I don’t want to be rude or a pain for anyone by sending funds backs to be sent correctly.

While the options for sending in funds don’t change very often, they do change. To make sure your investment gets to me, please pay attention to the details listed to save any confusion.

Woolard Enterprises is now owned by a trust and the business is now leased to another trust, Woolard Enterprises Trust. While the agreement shows any heirs, transfers, new ownership, etc. nothing is changed on any end other than that.

News continues to be positive in Iraq and we are waiting on them to make the change. We still have no idea of a rate or when that will be, but I know we are all beyond ready!

The markets are not open on Fridays or Saturdays so there is no change in our investment to announce until Sunday. I will work to keep you posted as fast as I can on any changes.

Have a great weekend!

Andy

February 16, 2021

Thought you might like to hear that the ISX and our stocks are climbing. TASC (Asiacell Telecom) is at 9.6 dinar per share and we paid an average price of 7.262. My report shows a 30% increase. BBOB (Bank of Baghdad) shows a whopping 48% increase. IBSD (Iraqi Beverage) shows a 36% increase.

All but one of our stocks is on the rise and above our average purchase price. While this means little as far as dividends for now without a rate increase, it is encouraging that things are moving in a positive direction.

As of today, our increase in share price is sitting at 276,549,582 dinar. That is a huge increase for the short time we have been in that market. Now all we need is to couple that with a rate increase and we would be sitting very well.

They announced yesterday there is a significant increase in foreign investment and showed the amount of foreign funds traded. Woolard Enterprises accounted for around 30% of that days foreign investment trading.

February 9, 2021

We have a few more shares as a result of our broker adding shares from our last wire that were not initially purchased. As you can see from the post yesterday, there was a balance of over 13 million dinar. They used this balance to increase our holdings today. There are days they attempt to make a purchase and when there are no sellers of the stocks they are getting for us, but eventually get what they are buying at a later time.

We placed our buy order in December for a total of 1,750,000,000 shares. We still have 337,990,803 more shares to complete that order.

Here is the latest summary:

February 8, 2021

We finally got to send another wire last week and this is our new share total. It will grow some as there is still a balance in the account to be used to fill our order.

February 6, 2021

We now accept personal checks. The check MUST be in the name of the investor. No third party checks. If a personal check bounces or for whatever reason does not clear, there is a $35 fee added which will immediately be taken from your investor account, thereby reducing your current blocks if already an investor. If you are a new investor and provide a check that does not clear you will be removed from being an investor and will not be allowed to invest with us at all.

We want to make things as easy as possible for you to invest and accepting checks will save you the hassle of getting a cashier’s check. We didn’t do this before now because of the additional hassle of keeping up with returned checks. Since we now accept Deluxe eChecks (still the easiest way to add funds to your investment) it makes sense to also allow personal checks since this is essentially the same thing.

Please see the Adding Funds page for more details.

February 4, 2021

We sent a wire today and stocks will likely be updated on Sunday since that will be the first day they have to purchase stocks after they receive the wire. We currently have 1,079,782,872 dinar in total value so far in the account which is up just a bit since our last post because some stocks have increased in value just a hair. This number will fluctuate almost daily as stock prices constantly change. Thankfully, it has gone up rather than down like it had over past days.

We currently have 571 members and just over 8500 blocks resulting in a little over 14 blocks per investor on average.

Lots of news coming out of Iraq and you can get updated by visiting some of the news sites listed on Iraq News Sources page. There are lots of links to various news outlets for your personal review.

There hasn’t really been very much going on with us for the past week or so, but I wanted to let you know we’re still here and still operating. I get emails asking for updates. You’ll see it right here when there is something to tell you about.

While not related to Woolard Enterprises, I would ask that you help us with our other business which is a social networking site located at https://klatr.com if you like to have a social networking account. The site is brand new and we are listing the first 500 users on our Founding Members page. There is still plenty of room to be a founding member.

That’s it for now. Here’s hoping you have a great weekend!

January 25, 2021

We had a small dinar balance of 3,962,082 in our account and our broker added a few shares to our account today (yesterday for them).

While a small amount, our stock count has changed and I wanted to make sure I update with even a small change.

We are currently at 566 investors and now have 8387 blocks distributed among all investors which equates to an average of just under 15 blocks per investor.

I usually get several emails a week asking about number of blocks and number of members. I do not and will not provide information that is not available to all members. I will respond to emails about your personal account, but anything to do with the group as a whole is posted here on the site. Please check back often so you don’t miss anything.

We currently have a standing order with our broker and any future funds sent will continue to go toward that order which is as follows:

BBOB – 500,000,000 – completed

BGUC – 500,000,000 – completed

BMNS – 500,000,000 – 291,800,000 to go

TASC – 50,000,000 – completed

IMAP – 100,000,000 – 41,825,432 to go

IBSD – 100,000,000 – 55,365,371 to go

Once this order is complete, we will add another stock or two to our portfolio and then concentrate on building TASC and IBSD. We have received some good recommendations from the broker. I can honestly say I hope we’re unable to do much more due to a change in the rate, but we’ll keep marching on until that day comes.