TNT Conference Call

Wednesday, November 6, 2024

Tony’s Monologue: It is a ball of confusion today. Tony received a call early this morning in which the caller said his UN guy said everything has been put on hold due to the results of the election. Tony then talked to his own contacts, and they are saying that it is scheduled for this evening, possibly tonight into tomorrow night. The banks still have a rate, and they have a go. They have not been notified to do anything different. Tony should hear more later today from the banks. If it doesn’t happen today, they expect it to happen by the end of the week. Iranian politicians are upset because Trump won. They think he will freeze their assets and put more sanctions on them. Iraq feels that it will change the structure of everything to get this done. This can all be resolved if they just do it. The good thing this morning is that the rate is still there, it is still live, and they have not received a stop. The UN thinks it is on hold. The IMF is saying full steam ahead. None of the banks have received a hold. Tony should get updates after 2pm today. There is nothing we can do about yesterday. People are still setting up to process this. Tony is still waiting to hear from his UN contact and see if things match or not. He is also waiting to hear from the Fed Res. Nothing has changed with Iraq, and this being done by Dec 31st.

Q & A:

-            Does the date on the currency make any difference? The ZIM was 2008 and 2009 for the 50T and 100T notes. The banks have also said they are going to take all currencies, even the current ones.

-            What time do you think it should happen? Based on this happening tonight or tomorrow night the 12 am to 4 am makes sense.

-            Iraq put out something today about changing the 2025 budget to make it retroactive for 2024, paying Kurdistan on all their oil, to keep doing things digitally, and that with Trump winning bodes well for the rich and politicians to freeze their accounts. They are still saying they have to turn in their three zero notes by the 18th of Dec.

-            The HCL apparently came out in the Gazette but under a different name. The caller could not find the rate in there. Tony thinks this is a good thing and that we are moving forward. Possibly tonight or Friday night. Tony is saying this was an amendment and not the HCL.

-            2 pm update: They are saying that we should see it shortly. Tonight, or tomorrow but at least in the next 10 days.

Wrap Up: Today is the day that we go forward with the rv and information. Everything that we have worried about up until this point is now behind us. We should have a clearer picture this evening. Everything that Tony has received is saying that we are moving forward. Only one bank has said they are on hold, and they put themselves on hold. As far as Tony knows they still have a live rate. The agencies that Tony has talked to are saying tonight or tomorrow night. Tony should get an update this evening, if it is important enough Tony will tweet it out or we will have another call. We should be looking to our future and plan going forward. Hopefully, you are planning on what your life will be once you walk out of the bank.