bassthumper

Thank you Dinariana. Sorry it has taken me a few days to get back on. I think I see what that all amounts to and thanks for answering the other question about source reliability. I don't rely on too many people giving intel unless it can be backed up and that is why I asked about that particular one.... Thanks again for your help.

I think what they meant to say was $0.06.............. lol

Man I am just still trying to wrap my head around it. I aint wanting to be greedy. As long as I can make a positive return on it I am fine with that. I trust Adam and his opinion (I respect him enuf to not call it intel) and am very grateful to have found him. I know guys that don't have it this good and choose to rely on other not so reputable sources.

Everyone. I am sorry..... I am probably making too much out of this so please forgive me and God Bless each of you.

an 80% reduction of 11700 would be 2340 not 23400

Rossenbos, With all due respect I get all that and actually yes the salaries have everything to do with what I am trying to understand so thanks for nothing. DogDoc.... Again........ USD not IQD..... they are not using IQD right now and therefore all of the math is USD........ Come on....... According to what I read the reduction in pay has happened already under current currency which is USD.............

Thanks Heinzy for the encouragement. I have not read those articles so I will go back and locate them...

fnbplanet This is part of what I am not sure of. I did my math using USD... I did it that way considering they do not use IQD as of right now. So if they reduce by 80% right now that is equated in USD. if the RV is at $0.10 USD that is a further reduction. Say they are currently making $100,000.00 USD a year and they reduce that by 80% their salary is now $20,000.00 USD a year. If the RV occurs at a rate of $0.10 USD that makes $20,000.00 USD a year now $2,000.00 USD a year. Maybe I am wrong....... I actually hope that I am..... Most importantly I really would like to know how valid of a source Striperfish is.

On the Spur of the moment and using a Spur to do it too.....................

I read the transcript this morning of the chat Adam had last night. Several things kind of put me in the basement. Down towards the end of the chat he was asked his opinion on the rate. His response, a very conservative one I might add, was extremely low. When asked his opinion, his answer was he felt it would RV somewhere in the $0.10 to $0.25 range to start. I almost spit my Dr. Pepper on my windshield (no i was not driving but was parked in the shade on break). I don't necessarily have issue with this low rate as much as I have questions. Also, please consider that there are other sources that give info as well.... some valid and some pure Baloney. I read in a recap last night something from Striperfish at PTR. Now I have not read anything from him or know anything about him before last night. That being said, He stated several things in a watch list that I had not heard of. One of these things was that the Counsel of Ministers was to take an 80% reduction in pay starting 8/30. Now after reading that and then this morning near choking on my D.P. when I read Adam, which I must say I trust more than anyone else in this investment, It has me going crazy. Knowing that everything is done using USD as their current currency, If they take an 80% reduction and then RV at $0.10 on the USD that equates to another reduction in pay. Maybe I am reading too much into that IDK. Also, I was pondering what has been mentioned as the possibility of a timed "cash-in" where you only have say for example 90 days from the RV to "cash-in" before the current bills become worthless as currency and are considered collectors items only. If this happens, will there be a way to exchange the current IQD I have in my possession for what will be the IQD after the RV without cashing in? Basically it would be a one IQD for one new IQD exchange. Can this be done? Can someone help a feller out here??? Thanks in advance for any and all offerings to clear this up........ Go RV!!!!!

His excuse will be it didn't go because someone stepped on his dong..... And that caused the rv to not happen...............

Some may have posted this already so forgive me if they have. i didn't have time to read all of the pages before I got perturbed at what Ali was saying. i don't know if he was just using his figures as example or if he was trying to say something cryptic but if the numbers are climbing 1000.... 1050..... 1100 then they are going the wrong way.

The information in your title is actually true, however, I take no comfort in it. The rv "process" started the day the value was artificially stifled. From day one there has been a process.

I think it has something to do with foreign diginitaries not flying commercial and usually having a "BIG" plane with their countries emblem plastered somewhere on it and the fact that from Bowie He can almost spit on Andrews AFB.