TNT Conference Call

Wednesday, May 28, 2025

Tony’s Monologue: No updates went out over the weekend due to a lot of information, and it was all over the place. It was step by step of what was going on from every location and everyone had their own timeline. Tony didn’t want to take us on that roller coaster ride. The rv was supposed to have been live 5 times over this last weekend. Everything is done, again. It is all done on Iraq’s side, it’s all done on the UN and IMF side, and it’s all done at the Fed Res and the UST. By this Tony means that it is done electronically, internationally, the banks are connected, all the countries have signed off, and all the rates are loaded. Some people got part of a document, some have all the information, and none of that was supposed to go out. It is being questioned on how this info got out. Right now, we are just waiting. Tony did receive a window for this last weekend, and we are in a window right now. Hopefully, it will go live while we are on the call. It is sitting at the bank, the rates are on some screens, and some rates are on admin hold. There were people that were told to go to the banks today because the rates were live, but after going they were told to come back after 2 pm. Because of the information coming out and a rate out there, they are trying to push it through today. If not, Tony has been given a window of today through Friday evening. The bank did bring their people in, they briefed them to expect an influx of customers, and they did have people at the bank over the holiday because they were expecting it. We have a couple more hours for this current window. The rates are still good. All the currencies are still there. One individual went to the bank yesterday, saw the Bolivar on the screen, the dinar rate was 4.41, the rate this morning was 3.41, and the current rate is 3.72.  It really could happen at any minute for when the banks can release it to us. The banks received their 800 numbers yesterday. This is an 800 number the banks can give out to people with SKRs and those they knew that had currency. Each bank received their own 800 numbers. Tony did ask about the referral number and was told not to worry about that because he will get something better than that. We just need to be prepared and ready to go when the rv happens.

Q & A:

-            Will they offer a lowball rate to us and how do we handle that? The rate on the dinar should come out at 3.71. They are trying to get a commission, so keep that in mind. Remember you have to ask for the higher rates that exist beyond the FOREX rate.

-            What does the bank need 800 numbers for? Both 800 numbers go to wealth managers at two separate locations so you can make appointments. Tony has been told that he should receive an email with all the 800 numbers.

-            Do you know the minimum to get the 28.50? Tony doesn’t know and assumes he will find out when they send out the 800 numbers and instructions to him.

Wrap Up: Tony gave us everything he could today. No rates today because Tony was asked not to. Everyone is excited. No one has anything to do and everything is signed. Iraq can’t release their budget tables until the rate is released. They have done everything they are supposed to do. We are here and waiting. One more 800 number needs to be released and that is to us. Somewhere between now and Friday could be our time. Be ready.