🔹 Key Highlights from Mike Bara Chat
Major Progress:
All necessary funds are now in place. According to sources, nothing can stop the process—it must proceed within the next 72 hours, by Monday.Iraq Rate Announcement:
Everyone is waiting on Iraq to announce the new IQD rate, which is believed to trigger the entire process.
Rumors that CMKX or bonds must go first are false; IQD rate leads.Today's Window:
There was a potential window later on Friday for funds to begin moving. Some, like Wolvie, were told payouts would start.Bond Updates:
Bond holders expected to sign paperwork Friday, but this hadn’t happened yet.
Funds have been released to paymasters, but no disbursements yet.Shotgun Start Expected:
If it’s a "shotgun start," everything goes at once: Bonds, CMKX, penalties, Farm claims, Agros, etc.
Likely timeline: Monday or Tuesday.Rate Speculation:
Bruce’s sources: IQD over $9 — unconfirmed.
Tony’s call: $5.91 — more realistic public rate.
Redemption centers may offer higher rates but involve waiting.
Mike’s Personal View:
He’d rather exchange today at $5.91 than wait days for a “promised” $9–$10 rate.Confidential Intel:
Mike has one last piece of sensitive info he cannot share, known only to a few.