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Rv news-6-15-2011


nointel
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Rv news-6-15-2011

6:38:25 PM AQ: This was posted on The Coop just a little while ago. Hi Coopsters. I have great Intel to share with everyone. But before I give you the info let me give you the background of how this came about.

My brother and I own a patent and have been in the process of trying to secure funding for a start up company. We were working through some local people to secure a SBL through BoA. The way the funding is approved, is that the Bank reviews your companies business plan, and if they think you have what it takes to be successful, they will give you the funding that you are requesting if you can first come up with the seed money. In our case the seed money was 20% of U$15 million, or U$3 million. We have been unable to secure the seed funding up to this time and have always said that when the Dinar RV’d, we would go ahead with our business plans.

Well just yesterday, my brother gets a call from the guys who were helping us try to secure funding through BoA. They are working on another project with a group of investors who want to start a Chicken Farm when I write this I laugh at the irony of me posting this in this forum. The total amount that was being asked for was U$115 million to purchase the land and build all of the necessary buildings. They had to come up with seed money totaling U$23 million and were in the same situation as my brother and I. They were working with Chase and told the funding manager two weeks ago that they had Dinar they could exchange for the seed money when the RV happens. The manager called them yesterday and told them to come into the office today to complete the transaction, as the Dinar would be RV’d.

When I heard this, I thought my brother was pranking me, but he said no, this was on the up and up. Well today things got even better. My brother gets a call from the funding team this morning and they said that the Chicken Farmer investors were meeting with the Chase Funding Mgr and were in the process of exchanging their Dinar for USD today. The rate that they were getting was U$5.25. All funds were being transferred today for the start up to proceed.

I know that when I hear these rumors, I always think of great, another rumor that never pans out. The only problem with this one, it came from business partners who work directly with high up contacts in both BoA and Chase. Guys, we must be on the very precipice of this thing popping. I am with CH, I think we are going to be RICH!

Indy

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nointel, you are going to get negged from here to eternity if you don't make it clear the post is not yours! I evened you out.

it isn't my words but even if i did put in a disclaimer saying it is from someone else it wouldn't stop peeps from giving negs. my question is if Chase is cashing out why doesn't this guy takes his dinar to chase instead of BOA and then tell us how that worked out for him.

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$115 million to start a chicken farm? What is he buying Tyson out? I would have used more believable figures like 300K or something for a chicken operation. Oh well, its your fairy tale not mine. :lol:

Although $115 million is a bit much, 300k is way too conservative. For 1 new chicken house it costs right at $500,000 to build and equip. So depending on how many chicken houses they are building and how many other buildings they are building in the process it could be a pretty large chicken farm. Having said that, I do agree that the numbers do not appear credible, as $115 million, would build at least 200 chicken houses, and other misc buildings.

What is the Coop? Who is Indy? Sounds like a great story; just wondering if there's any credibility here. Also, who or what is CH?

Thanks,

Kimberlye B)

I just wonder if CH is Chicken Hunter. I can't remember which site he frequents, but Chicken Hunter is the only thing that makes sense to me, since this is from "the Coop," and the highlights of the story are about chickens . . . JMHO

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it isn't my words but even if i did put in a disclaimer saying it is from someone else it wouldn't stop peeps from giving negs. my question is if Chase is cashing out why doesn't this guy takes his dinar to chase instead of BOA and then tell us how that worked out for him.

Let's see, why wouldn't they go to Chase instead of BOA? Maybe it's his first pumper post and he didn't think the story line through? Or MAYBE, too much paperwork involved in an SBL? What the heck is an SBL? Small Business Loan? I could understand the paperwork if it was an SBA loan. That would make sense. But then that takes me back to being a first time pumper and not knowing what he's talking about. Oh and by the way, JMHO.

I know you get negged nointel, but I enjoy the fluff stuff. My brain needs a rest after trying to decipher the news stories. :D

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You should invest in a publishing company and start writing short stories. That one was very good !!! tongue.gifrolleyes.gifrolleyes.gifrolleyes.gif

Right on texus. I've had that thought myself as I read some of these stories, but you beat me to it.

it isn't my words but even if i did put in a disclaimer saying it is from someone else it wouldn't stop peeps from giving negs. my question is if Chase is cashing out why doesn't this guy takes his dinar to chase instead of BOA and then tell us how that worked out for him.

OMG nointel... You ACTUALLY believe the story.

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OMG nointel... You ACTUALLY believe the story.

where did i say i believe his story? what i said was if chase was cashing the chicken farm investors dinar he should go to chase and not BOA and cash his dinar with chase. then report back to us how that worked out for him.

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