Traconesu02 Posted January 2, 2011 Report Share Posted January 2, 2011 SEBASTIAN, Fla., Dec 6 /PRNewswire-FirstCall/ -- Sebastian River Holding's Inc. (Pink Sheets: SBRV), today announced that the company has added an additional 100,000,000 Iraqi Dinar to its portfolio. This gives Sebastian River Holding's a total of 235,000,000 Iraqi Dinar in its foreign currency division. "With all the great news coming out of Iraq, the rate of the Dinar rising every day and people by the busloads returning daily back to their homes in Baghdad, it was an easy decision to increase our holdings in what the company believes to be the best investment in foreign currency today," stated Daniel Duffy, president of Sebastian River Holding's Inc. "People don't realize that prior to the war with Iraq the Dinar was $3.00+ per US Dollar. Today the country is almost debt free; Iraq is one of the leaders in oil, natural gas and holds a huge amount of gold in its country, and the rate is 822.37 per million, which is up from $784.93 when we first started in March 2007." The Company believes in the near future there will be a revalue of the Iraq Currency, it is the Company's opinion after doing its due diligence and public statements from Iraq's government officials, that the revalue could come in at between .82 and 1.00 per US Dollar. This would give Sebastian River Holdings a profit of between $192,000,000 and $235,000,000. The article below was taken from a daily address to the people from Iraq's finance minister: Baqir Jabr Zubaidi. "That the Iraqi government was able to extinguish the 90 billion dollars of Iraqi debt and has worked to reduce the size of inflation from 66 per cent to Between 16 - 18%, and that the Central Bank of Iraq 22 billion dollars , 3 tons of gold specifically to support the Iraqi dinar, rising value of the Iraqi dinar against the dollar from 3 thousand dinars in 2004 to between 1200 1000, the dinar this year, stressing that every effort will focus on Iraqi deleted 3 zeroes off the value of the Iraqi dinar, leading to 1 Iraqi Dinar for every one dollar." Forward-Looking Statement This Press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. The forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements. CONTACT: Investor Relations: Sebastian River Holdings, Inc. Bob Green, 954-549-3811 SOURCE Sebastian River Holding's Inc. http://www.prnewswir...n-58614647.html 3 1 Link to comment Share on other sites More sharing options...
MooCow Posted January 2, 2011 Report Share Posted January 2, 2011 "With all the great news coming out of Iraq, the rate of the Dinar rising every day and people by the busloads returning daily back to their homes in Baghdad, it was an easy decision to increase our holdings in what the company believes to be the best investment in foreign currency today," It has been rising everyday? I guess I do not know how to read FOREX. Well this is another big player getting involved. Can't be a bad sign. Link to comment Share on other sites More sharing options...
aliveandcare Posted January 2, 2011 Report Share Posted January 2, 2011 SEBASTIAN, Fla., Dec 6 /PRNewswire-FirstCall/ -- Sebastian River Holding's Inc. (Pink Sheets: SBRV), today announced that the company has added an additional 100,000,000 Iraqi Dinar to its portfolio. This gives Sebastian River Holding's a total of 235,000,000 Iraqi Dinar in its foreign currency division. "With all the great news coming out of Iraq, the rate of the Dinar rising every day http://www.prnewswir...n-58614647.html Ummm...... No it doesnt. Where is this guy getting his info? 2 2 Link to comment Share on other sites More sharing options...
Biker girl Posted January 2, 2011 Report Share Posted January 2, 2011 Thanks! Link to comment Share on other sites More sharing options...
kamm Posted January 2, 2011 Report Share Posted January 2, 2011 Kinda makes you think that this company might know something. kamm Link to comment Share on other sites More sharing options...
wizard1 Posted January 2, 2011 Report Share Posted January 2, 2011 I don't like this statement stressing that every effort will focus on Iraqi deleted 3 zeroes off the value of the Iraqi dinar, leading to 1 Iraqi Dinar for every one dollar." Link to comment Share on other sites More sharing options...
jrcrna Posted January 2, 2011 Report Share Posted January 2, 2011 I like that they included their name and contact info, makes it seem more valid. It beats my "brother" or "dad" says... And for an investment firm, the potn ROI is huge, for a relatively small wager. This is why I spent some of my hard earned money. Period. Speculation is a college word for gamble. Link to comment Share on other sites More sharing options...
bulldawg Posted January 2, 2011 Report Share Posted January 2, 2011 I've seen this name before. SEE: www.ripoffreport.com/financial-services/sbrv-sebastian NUF SAID! Regards, Dawg Link to comment Share on other sites More sharing options...
xxxgator Posted January 2, 2011 Report Share Posted January 2, 2011 Great find .It should be pinned up.This article shows that people who do speculative investing research before they invest by people trained for what to look for , are up to their neck in this with us .Go RV> People are always wanting documented proof of investment company's being involved.Well here it is folks! Peace 2 1 Link to comment Share on other sites More sharing options...
GaPeach Posted January 2, 2011 Report Share Posted January 2, 2011 I've seen this name before. SEE: www.ripoffreport.com/financial-services/sbrv-sebastian NUF SAID! Regards, Dawg That link doesn't work for me. Link to comment Share on other sites More sharing options...
Doc31 Posted January 2, 2011 Report Share Posted January 2, 2011 This is a very old article ... it says Dec 6 but I don't remember whether it was 2009 or 2008! I don't remember whether it was true or not at the time ... not taking time to find out. 3 Link to comment Share on other sites More sharing options...
xxxgator Posted January 2, 2011 Report Share Posted January 2, 2011 if doc say's its old, it probably is ,but it still shows something to the negative naysayers! 1 Link to comment Share on other sites More sharing options...
nir Posted January 2, 2011 Report Share Posted January 2, 2011 if doc say's its old, it probably is ,but it still shows something to the negative naysayers! It also mentions a lop which I have noticed a lot of credible articles talking about I personally hope not. Link to comment Share on other sites More sharing options...
bulldawg Posted January 2, 2011 Report Share Posted January 2, 2011 I am not a negative naysayer...........I believe we will eventually make a profit from the dinks. No one knows when or how much. HOWEVER, you should Google Sebastian River Holdings, Inc. and decide for yourself how much stock you want to put in what they are putting out. Personally, I think they are crooks. Regards, Dawg 1 Link to comment Share on other sites More sharing options...
xxxgator Posted January 2, 2011 Report Share Posted January 2, 2011 B)No i wasn't callin you a nay sayer DAWG ! just stating that the article shows investment company's buying dinar or claiming to have dinar.Either way i was seening it as positive news not a negative thought about it actually.Sorry if it came accross wrong.Peace 3 Link to comment Share on other sites More sharing options...
average joe Posted January 3, 2011 Report Share Posted January 3, 2011 been in for six yrs myself was in iraq for 5yrs about two yrs ago this same company bought the dinar and was offering to there stock holders for dividens instead of us money sounds like doc is right . like i say been in it for yrs and heard all the stories i am invester of alot my self want it to happen as mush as the rest of you all . Link to comment Share on other sites More sharing options...
bulldawg Posted January 3, 2011 Report Share Posted January 3, 2011 Hey Gator, No offence taken. I got into this deal in '06 and my friend that told me about it was approached by Sebastian River Holdings, Inc. trying to get him to invest in their company. They were blowing the same kind of smoke as in that article. My friend and I got on a conference call with them and they started telling us about how much money they had made when the Kuwaiti Dinar had revalued. I knew that was baloney because I spent two years in Kuwait after the first Gulf War and I knew what had happened. No expat I knew made any money off the Kuwaiti Dinar. In fact, the only ones to make any big money were members of the Kuwaiti Royal Family. Long story short...a little checking and we discovered that they were frauds, trying to pump up their worthless stock. Happy New Year...........wish I was in FL; it was in single digits here last night. Regards, Dawg 3 Link to comment Share on other sites More sharing options...
DirtyMartian Posted January 3, 2011 Report Share Posted January 3, 2011 (edited) It also mentions a lop which I have noticed a lot of credible articles talking about I personally hope not. I don't think that is the lop you're thinking of that they mention, they are talking about removing the decimal places on the value itself 0.00087 or so to make it 0.87 they don't mean removing it from the face value of the currency, but still like they say here it's probably old news Edited January 3, 2011 by DirtyMartian Link to comment Share on other sites More sharing options...
bogale Posted January 3, 2011 Report Share Posted January 3, 2011 SEBASTIAN, Fla., Dec 6 /PRNewswire-FirstCall/ -- Sebastian River Holding's Inc. (Pink Sheets: SBRV), today announced that the company has added an additional 100,000,000 Iraqi Dinar to its portfolio. This gives Sebastian River Holding's a total of 235,000,000 Iraqi Dinar in its foreign currency division. "With all the great news coming out of Iraq, the rate of the Dinar rising every day and people by the busloads returning daily back to their homes in Baghdad, it was an easy decision to increase our holdings in what the company believes to be the best investment in foreign currency today," stated Daniel Duffy, president of Sebastian River Holding's Inc. "People don't realize that prior to the war with Iraq the Dinar was $3.00+ per US Dollar. Today the country is almost debt free; Iraq is one of the leaders in oil, natural gas and holds a huge amount of gold in its country, and the rate is 822.37 per million, which is up from $784.93 when we first started in March 2007." The Company believes in the near future there will be a revalue of the Iraq Currency, it is the Company's opinion after doing its due diligence and public statements from Iraq's government officials, that the revalue could come in at between .82 and 1.00 per US Dollar. This would give Sebastian River Holdings a profit of between $192,000,000 and $235,000,000. The article below was taken from a daily address to the people from Iraq's finance minister: Baqir Jabr Zubaidi. "That the Iraqi government was able to extinguish the 90 billion dollars of Iraqi debt and has worked to reduce the size of inflation from 66 per cent to Between 16 - 18%, and that the Central Bank of Iraq 22 billion dollars , 3 tons of gold specifically to support the Iraqi dinar, rising value of the Iraqi dinar against the dollar from 3 thousand dinars in 2004 to between 1200 1000, the dinar this year, stressing that every effort will focus on Iraqi deleted 3 zeroes off the value of the Iraqi dinar, leading to 1 Iraqi Dinar for every one dollar." Forward-Looking Statement This Press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. The forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements. CONTACT: Investor Relations: Sebastian River Holdings, Inc. Bob Green, 954-549-3811 SOURCE Sebastian River Holding's Inc. http://www.prnewswir...n-58614647.html PEEPS DANNY IS A BIG CON-ARTIST, THIS IS BS - RESEARCH IT ON THE NET - SORRY ! 2 Link to comment Share on other sites More sharing options...
quadraph0nic Posted January 3, 2011 Report Share Posted January 3, 2011 I've seen this name before. SEE: www.ripoffreport.com/financial-services/sbrv-sebastian NUF SAID! Regards, Dawg yes this had been discussed before http://www.ripoffreport.com/directory/SBRV-Sebastian.aspx Link to comment Share on other sites More sharing options...
Merlin Posted January 3, 2011 Report Share Posted January 3, 2011 Yeah its gotta be BS or at any rate I'm glad to see a big company can mess up more then we may have! Use simple math! lats say you payed 1,000 bucks for 1 mil Dinar if they LOP the 0's then each of them 25K bank notes is worth 25 bucks US Right? 25.00 X 40 Bank Notes! = 1000.00 Bucks!!! All they did and possibly us is get there money back that they paid in the first place! I hope they don't LOP! At least only IN Country, like I have heard any way and that all of us in the US and other Countries will get face value.. Well that's what I hope and if not and they LOP? at least I'll get my money back plus a few bucks as i only paid 800.00 Per Mil.. Oh Well, Keep the faith I guess! Just say-en... And I don't know how all them countries are going to except taking that kind of loss for what they got paid for debts etc and tolled it would be worth face value after RV? the US included, Just say-en.. Link to comment Share on other sites More sharing options...
apilot Posted January 3, 2011 Report Share Posted January 3, 2011 This is a very old article ... it says Dec 6 but I don't remember whether it was 2009 or 2008! I don't remember whether it was true or not at the time ... not taking time to find out. The article is from 2007. The link works and you will find it listed on the page. Link to comment Share on other sites More sharing options...
netweb77 Posted January 3, 2011 Report Share Posted January 3, 2011 If they drop the three zeros and the dinar is worth $1, does that mean 1,000,000 dinar will only be worth $1000.00? Yeah its gotta be BS or at any rate I'm glad to see a big company can mess up more then we may have! Use simple math! lats say you payed 1,000 bucks for 1 mil Dinar if they LOP the 0's then each of them 25K bank notes is worth 25 bucks US Right? 25.00 X 40 Bank Notes! = 1000.00 Bucks!!! All they did and possibly us is get there money back that they paid in the first place! I hope they don't LOP! At least only IN Country, like I have heard any way and that all of us in the US and other Countries will get face value.. Well that's what I hope and if not and they LOP? at least I'll get my money back plus a few bucks as i only paid 800.00 Per Mil.. Oh Well, Keep the faith I guess! Just say-en... And I don't know how all them countries are going to except taking that kind of loss for what they got paid for debts etc and tolled it would be worth face value after RV? the US included, Just say-en.. Read more: Sorry, didn't see that question already answered! Link to comment Share on other sites More sharing options...
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