TNT Conference Call

Friday, March 7, 2025

Tony’s Monologue: This doesn’t have to be a long call. People got paid yesterday and some internationally. As of this morning the banks are saying it should be live after 4 or 5 this evening. They have been scheduled to work tomorrow, somehow not scheduled for Sunday, but it is all hands on deck in the morning. It supposedly has a green light and the opportunity is there. Tony got updates late last night about the progression of things and then this morning woke up to it is done and sometime after 5 pm. Nothing else has changed. All the rates are there. Some other countries actually have an international rate. Canada and anyone outside of the USA, are not going to do the higher rates. Zürich will do the higher rates if you want to go there and do an exchange. This is for people that are not in the USA. People were there yesterday doing exchanges. They exchanged for the higher rates, left their money there, and then wire it back to the country that you are from. Other than that, there is not a whole lot of information. Tony is waiting on the 800 numbers and to see what happens this evening. They seriously think it is going to go. Tony is not sure if we will be going to the bank tonight or if we will get the 800 numbers tonight and go tomorrow. Tony should get an update in the next 3 hours about how this is going to go. Tony expects to remove all the subscription options at some point tonight.

Q & A:

-            Who has the final say in this going or not? Tony’s understanding is that it is the Trump administration. It has been held up lately because they have been using it to get things out of Iraq and cut off Iran.

-            When do you think it will be put on FOREX? It is scheduled to go on FOREX on Sunday when it opens.

-            How do you feel the 800 number process will work? Wells Fargo is the foundation bank, and they will control the 800 number. They will be giving it to Tony and the instructions. Tony has only heard this from WF and has not heard this from any other bank.

-            Were those that were paid in a whale category or those of us that heard about this a long time ago? They are in the three-letter agency category.

-            Is everyone saying the same thing? The three-letter agencies are saying they don’t understand why we are not in the banks. The banks called and said that we would start this afternoon.

-            Did they get SKRs or was the money put on hold? They said they completed their exchange and got their money. Tony didn’t ask for rates or anything else.

Wrap Up: It is Friday. Everything is good. All the three letter agency guys said they were done, finished, and expected us to be in there this morning. The banks apparently took what was said differently. They called Tony this morning and said that it would start this evening. Tony has been hearing this all week and even from his Iraqi contact that it would happen today and no later than Sunday before the markets open. The bank people have been told to be there in the morning. Tony is waiting for the information and once he has it, we will have a call. TNT will gather and share as much as they can about the exchange experiences. A lot of people think today is our day, if not this weekend. Be ready.