Judy Note:
In the past we have been told to write up a 1-2 page summary of your project and goals indicating how long we wish your project to last, how many people it can employ, and include a very rough estimate of how much money you will need to run the project. You should also have a short paragraph about yourself and why you are qualified to run the project.
A Reader’s Take on Zim Redemption:
- I have to disagree with what was posted last night from both party’s suggestions on the Zim Redemption rates.
- In my research the “Bearer Bond” is to be redeemed to the holder at face value. It is in essence a promise by the country issuing that bond backed by that country’s wealth. A holder can demand the value in that country for anything owned by that country period.
- The rate is equal to that country’s dollar One For One (1:1). In this case the Zimbabwe dollar or Zig. The USD or any other country’s currency has no bearing in the value until you exchange it.
- When I looked up the exchange rate for the ZWL (Zim fiat) on Forbes, the value was .003106. The 100T note was worth in USD $ 310,600,000,000. That is three hundred ten billion , six hundred million dollars. It could potentially be worth five hundred billion in consideration of the Zig.
- The calculation of 5 billion overall with ten percent (500 million) as front money makes me question where the money is going.
- According to the numbers quoted with the St Germaine’s Trust (a number with around 140 zero’s following) and the Rodriguez Estate (a number with about 120 zero’s following) along with possibly Dubai 1 & 2, why would there be a need for them to deduct any of our bond proceeds for Humanitarian use?
- I can understand for payouts to be trounced due to the excessive amount of monies to be paid out.
- Just my thoughts. Anon.
- On International Default Rates, John F. Kennedy Jr. on Telegram:
- Dinar will value at a “RI” rate from the time Iraq was invaded which would put it around $3.22 – $3.78.
- Zim Holders: Zim was being offered at a Default Rate of first two 100T AA Zim Bond Notes up to 30 T notes at $20 Million each, 31 T notes and up would default to $15 million decreasing the more notes you own.
- HOWEVER (especially for those with Humanitarian Projects that the above will not cover?) the AA Zim are Bonds and we have been told they cannot be renegotiated. ASK for the Contract/ Solverant rate. These ratescan be negotiated on your second visit with your projects and team members.
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