I have a borrower with an Artifact that was appraised in 2005 that has a value of $450 Million. The artifact is made of Precious Gems. The Borrower is looking to take a 50% LTV loan off of what ever the current day value is. Also this Borrower has been burned by Fee collectors in the past, and will not pay any up front fees. He will pay point on the deal, but they have to be paid out of closing proceeds. We are only looking for a lender; I will not work with a broker on this deal, unless they are being paid by the lenderl.
Full Version: 200 Million Loan/ Lenders only
[size=6]AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
QUOTE(pcinguina @ Mar 9 2007, 01:41 PM) 
[size=6]AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
Clue me in? I didn't catch the Joke?? sorry....
What exactly will these funds be used for? You are requesting a lon for $250 Million? No matter what the collateral you will need a very strong and precise business plan detailing the usage of the funds.
Quote name='warsh101' date='Mar 9 2007, 02:35 PM' post='6246']
I have a borrower with an Artifact that was appraised in 2005 that has a value of $450 Million. The artifact is made of Precious Gems. The Borrower is looking to take a 50% LTV loan off of what ever the current day value is. Also this Borrower has been burned by Fee collectors in the past, and will not pay any up front fees. He will pay point on the deal, but they have to be paid out of closing proceeds. We are only looking for a lender; I will not work with a broker on this deal, unless they are being paid by the lenderl.
[/quote]
Quote name='warsh101' date='Mar 9 2007, 02:35 PM' post='6246']
I have a borrower with an Artifact that was appraised in 2005 that has a value of $450 Million. The artifact is made of Precious Gems. The Borrower is looking to take a 50% LTV loan off of what ever the current day value is. Also this Borrower has been burned by Fee collectors in the past, and will not pay any up front fees. He will pay point on the deal, but they have to be paid out of closing proceeds. We are only looking for a lender; I will not work with a broker on this deal, unless they are being paid by the lenderl.
[/quote]
If the gems are real (and there is a lot of BS stuff about) I have a contact to a trade program where the gems can be used directly into the trade. Returns approx 100% per month or so I am led to believe but you would need to ensure you did your own research if I sent you the details. This is a US company that manages the interface.
I have known then deal with Oil & Gas reserves as well as precious minerals and they also state gems but have no experience that says they actually take gems and sometimes what is stated is not always true.
Anyway contact me if your interested.
I have known then deal with Oil & Gas reserves as well as precious minerals and they also state gems but have no experience that says they actually take gems and sometimes what is stated is not always true.
Anyway contact me if your interested.
Artifact?
Gems?
100% monthly returns?
Talk about red flags all over the place in this thread.
Just saying.
Gems?
100% monthly returns?
Talk about red flags all over the place in this thread.
Just saying.
Well here is the info I have on the trade program.......
XXX is a Boston USA division and a Direct Trade Principal/Partner of a European Trade Group Consortium and Trading House based in the UK, Switzerland and Germany. XXX and its Principal is a Federal Reserve Licensed and Authorized PPP Primary Money Market and Trade Program Global Trader with significant experience in the placing of large private forum investments for large private investors.
XXX provides a secure 40 week PPP Trade Program Contract & Platform for qualified investors. XXX accepts
only high-grade (cash-backed) investment instruments such as MTN, SBLC, SKR & BG’s (but preferably Cash, Bonds & Gold) and works with only elite and credible top world banks. Most collateral/assets or instruments being pledged for our PPP Trade Program must be accompanied by Bank Commitment Letters from the issuing bank.
Investment Clients come from virtually all over the world – and therefore each Client’s format of procedures is slightly different due to each Client’s variables including Country location, type and Grade of Investment Asset, Rating of Bank and many other variables. Profit returns for the Client can vary somewhat also – due to the time of year, trade contracts available to fill, amount of investment, and type of collateral pledged. Typically large investments successfully placed within our PPP Trade Program may earn between 50% and 100% weekly on a 40 week term. Our Trade Platform utilizes a leveraging mechanism that further enhances the Investor-Clients Principle on a ratio between 3 to 1 and 5 to 1 equation or more.
Educational Example: $100 MM Principle Investment of cash (or depending on the grade and type of instrument) may be enhanced by three to five times as much to achieve an actual Trade Program Contract Amount (for the client) of $300 MM to $500 MM. The Client is then paid weekly on $300 MM to $500 MM within the program instead of their original principle amount of $100 MM. This is the mechanism that can make Trade Program results so strong. This is an informal illustration of how the trade equation is established. Another primary factor in determining the leveraging ratio is measured by what the Investor intends to do with profits from the PPP Trade Program. If an Investor plans to put 100% of
his/her share of the profits into their pocket – then the Trade Group may not add any additional value to the transaction at all or possibly at a minimal ratio. However if the Investor plans to use or invest their share of the profits into good and solid socioeconomic projects or programs (backed up by a
business plan or executive summary & fund allocations) – then the Trade Group will likely leverage the transaction by as much 5 to 1 – and possibly higher.
In reference to actual Earnings Percentages: 50% to the Investor/Client, 25% of weekly payments must be allocated to Humanitarian Causes and Venues, 25% to the Trading House and Traders position.
This is the particular trade program that takes reserves directly into trade. I also use this program for collateral sponsors who allow us to use their collateral to provide finance for seed ventures such as Humanitarian projects, alternate energy projects and other quality projects. Because 50% of the net returns to the collateral sponsor are used in the project this means that the collateral sponsor receives an equal amount to the the project funding for whatever purpose they wish.
TRADE PLATFORM FOR ASSETS UTILIZING THE ASSET CONSISTING OF
REAL ESTATE, OIL & GAS, PRECIOUS MINERALS: GOLD, DIAMONDS, PLATINUM, ETC.
Items needed for Essay and pre-approval
1. Name, location and description of the mine or valuable item being submitted for consideration.
2. Description of the mine, etc, and whether it is an operating facility or not. If it is real estate, does it have cash flow and what is it?
3. All property must be unencumbered.
4. State the value of the land, proven reserves, gems, art, etc. Also include how and when the value was established.
5. What firm did the appraisal, assay, or geological report?
6. Name of owner. Cannot be a public corporation if it is a corporation or company.
7. If it is a corporation, copy of a corporate resolution stating the name of the signatory to conduct the transaction.
8. All of the above can be stated in a narrative and submitted. Actual documents supporting the representations will be asked for subsequent pre-approval.
I will receive all of the official forms, etc, to be disbursed to the client once there is an approval. It takes a minimum of 60 days to the first draw of funds. The profits are divided 50/50. From the owner of the asset’s side, 10% is deducted of which 5% is commission and 5% for the wrap insurance policy that is issue prior to obtaining the credit line. Therefore, his or her profit is 40% of the gross generated.
The program platform uses a wrap insurance policy and leverages a line of credit against the asset. For example, let’s say that you have a gold mine worth 1 Billion USD and it is free and clear. The first step is to write a narrative touching on the eight points listed above. Once that is completed, a pre-approval is issued along with a request for the documentation needed to complete the due diligence. A site inspection will be done, paid out of pocket by the client, 5-10k USD. Once the amount of the trade is established, in this case $1B, a wrap insurance policy is issued up to 90% of the trade amount, 900MM. That wrap policy is issued to secure a line of credit of up to 50% of the wrap policy, this case it is 450MM. That 450MM is the amount that will be leveraged on the platform. The return varies but it is safe to assume that the return is 100% monthly. Of that return, 40% or 180MM would go to the client of which 50% of that is required to be used on the project(s) that the client’s are needing the return for in the first place. The trade can only be utilized for 40 weeks max, and will be cut off once all the projects have been funded and or the client is no longer using 50% of their return for projects. It is possible to have only one project in mind that might take you only 3 months of trading to get funded at which point the platform utilization would stop.
I have given you this information because I do not like to have my integrity questioned. I do not have part to play in the investment programs other than referring client and providing projects for sponsored collaterals.
I have no issues with the program my concerns are with the Artifact and or gems. With the amount of BS and fraudulent offerings on the internet you can be sure I want good solid evidence and history of ownership before I would put any party in contact with those who provide these trade platforms.
XXX is a Boston USA division and a Direct Trade Principal/Partner of a European Trade Group Consortium and Trading House based in the UK, Switzerland and Germany. XXX and its Principal is a Federal Reserve Licensed and Authorized PPP Primary Money Market and Trade Program Global Trader with significant experience in the placing of large private forum investments for large private investors.
XXX provides a secure 40 week PPP Trade Program Contract & Platform for qualified investors. XXX accepts
only high-grade (cash-backed) investment instruments such as MTN, SBLC, SKR & BG’s (but preferably Cash, Bonds & Gold) and works with only elite and credible top world banks. Most collateral/assets or instruments being pledged for our PPP Trade Program must be accompanied by Bank Commitment Letters from the issuing bank.
Investment Clients come from virtually all over the world – and therefore each Client’s format of procedures is slightly different due to each Client’s variables including Country location, type and Grade of Investment Asset, Rating of Bank and many other variables. Profit returns for the Client can vary somewhat also – due to the time of year, trade contracts available to fill, amount of investment, and type of collateral pledged. Typically large investments successfully placed within our PPP Trade Program may earn between 50% and 100% weekly on a 40 week term. Our Trade Platform utilizes a leveraging mechanism that further enhances the Investor-Clients Principle on a ratio between 3 to 1 and 5 to 1 equation or more.
Educational Example: $100 MM Principle Investment of cash (or depending on the grade and type of instrument) may be enhanced by three to five times as much to achieve an actual Trade Program Contract Amount (for the client) of $300 MM to $500 MM. The Client is then paid weekly on $300 MM to $500 MM within the program instead of their original principle amount of $100 MM. This is the mechanism that can make Trade Program results so strong. This is an informal illustration of how the trade equation is established. Another primary factor in determining the leveraging ratio is measured by what the Investor intends to do with profits from the PPP Trade Program. If an Investor plans to put 100% of
his/her share of the profits into their pocket – then the Trade Group may not add any additional value to the transaction at all or possibly at a minimal ratio. However if the Investor plans to use or invest their share of the profits into good and solid socioeconomic projects or programs (backed up by a
business plan or executive summary & fund allocations) – then the Trade Group will likely leverage the transaction by as much 5 to 1 – and possibly higher.
In reference to actual Earnings Percentages: 50% to the Investor/Client, 25% of weekly payments must be allocated to Humanitarian Causes and Venues, 25% to the Trading House and Traders position.
This is the particular trade program that takes reserves directly into trade. I also use this program for collateral sponsors who allow us to use their collateral to provide finance for seed ventures such as Humanitarian projects, alternate energy projects and other quality projects. Because 50% of the net returns to the collateral sponsor are used in the project this means that the collateral sponsor receives an equal amount to the the project funding for whatever purpose they wish.
TRADE PLATFORM FOR ASSETS UTILIZING THE ASSET CONSISTING OF
REAL ESTATE, OIL & GAS, PRECIOUS MINERALS: GOLD, DIAMONDS, PLATINUM, ETC.
Items needed for Essay and pre-approval
1. Name, location and description of the mine or valuable item being submitted for consideration.
2. Description of the mine, etc, and whether it is an operating facility or not. If it is real estate, does it have cash flow and what is it?
3. All property must be unencumbered.
4. State the value of the land, proven reserves, gems, art, etc. Also include how and when the value was established.
5. What firm did the appraisal, assay, or geological report?
6. Name of owner. Cannot be a public corporation if it is a corporation or company.
7. If it is a corporation, copy of a corporate resolution stating the name of the signatory to conduct the transaction.
8. All of the above can be stated in a narrative and submitted. Actual documents supporting the representations will be asked for subsequent pre-approval.
I will receive all of the official forms, etc, to be disbursed to the client once there is an approval. It takes a minimum of 60 days to the first draw of funds. The profits are divided 50/50. From the owner of the asset’s side, 10% is deducted of which 5% is commission and 5% for the wrap insurance policy that is issue prior to obtaining the credit line. Therefore, his or her profit is 40% of the gross generated.
The program platform uses a wrap insurance policy and leverages a line of credit against the asset. For example, let’s say that you have a gold mine worth 1 Billion USD and it is free and clear. The first step is to write a narrative touching on the eight points listed above. Once that is completed, a pre-approval is issued along with a request for the documentation needed to complete the due diligence. A site inspection will be done, paid out of pocket by the client, 5-10k USD. Once the amount of the trade is established, in this case $1B, a wrap insurance policy is issued up to 90% of the trade amount, 900MM. That wrap policy is issued to secure a line of credit of up to 50% of the wrap policy, this case it is 450MM. That 450MM is the amount that will be leveraged on the platform. The return varies but it is safe to assume that the return is 100% monthly. Of that return, 40% or 180MM would go to the client of which 50% of that is required to be used on the project(s) that the client’s are needing the return for in the first place. The trade can only be utilized for 40 weeks max, and will be cut off once all the projects have been funded and or the client is no longer using 50% of their return for projects. It is possible to have only one project in mind that might take you only 3 months of trading to get funded at which point the platform utilization would stop.
I have given you this information because I do not like to have my integrity questioned. I do not have part to play in the investment programs other than referring client and providing projects for sponsored collaterals.
I have no issues with the program my concerns are with the Artifact and or gems. With the amount of BS and fraudulent offerings on the internet you can be sure I want good solid evidence and history of ownership before I would put any party in contact with those who provide these trade platforms.
I do not understand the transaction.
I stay away from things I do not understand. Specially if the return is too good to be true.
If people do not understand it, they should stay away also.
I stay away from things I do not understand. Specially if the return is too good to be true.
If people do not understand it, they should stay away also.
Is the company offering this trading program "North American Commercial"?
These kind of offers are floating all over the internet.
They claim to be " Federal Reserve Licensed" despite the fact that the federal reserve does not license traders.
"Authorized PPP Primary Money Market and Trade Program Global Trader" A useless title. Financial smoke and mirrors. Authorized by who? Where? Where is their licensing information?
It is illegal for a US based firm to offer set returns or make claims on at risk monies.
Secure trading with 50-100% monthly returns. "it is safe to assume that the return is 100% monthly" C'mon folks. Basic economics tell you that risk/reward are not opposites. Completely outlandish claim.
If the original poster placed only $100,000,000 in the trading program, and it was not leveraged at all despite your claim it can be leveraged 5x, after 40 months at only 50% return, the program would have produced $1,105,733,232,094,000 in total returns. That's 17x more than the GDP estimate for the entire global economy for 2006 ( 65,000,000,000,000) Try running the numbers for the full $200,000,000, 5x leverage. You will run out of zeros.
"Our Trade Platform utilizes a leveraging mechanism that further enhances the Investor-Clients Principle on a ratio between 3 to 1 and 5 to 1 equation or more." Complete BS. Who their right mind is going to give you 3-5X leverage when they could just use all of that money themselves for the trade program and take all of the profits themselves?
"25% of weekly payments must be allocated to Humanitarian Causes and Venues" Please. Thrown in simply to make it sound like the trader has a heart and is a good person. Many scams use this to tug at the heart strings and make themselves appear to be benevolent.
If you could in fact prove that you can provide that kind of leverage and if you could prove those kinds of historical returns, you would have billionaires and entire countries beating down your door. That is a fact. Instead you troll relatively obscure internet message boards looking for clients? The offer has all the hallmarks of a scam. Don't take my word for it. Check with the FBI. Check with the Federal Reserve.
If you have no issues with the program then you deserve to have your integrity questioned. It's either financial ignorance or promotion of scam.
It's not the collateral that is worrisome, it's this trading offer.
These kind of offers are floating all over the internet.
They claim to be " Federal Reserve Licensed" despite the fact that the federal reserve does not license traders.
"Authorized PPP Primary Money Market and Trade Program Global Trader" A useless title. Financial smoke and mirrors. Authorized by who? Where? Where is their licensing information?
It is illegal for a US based firm to offer set returns or make claims on at risk monies.
Secure trading with 50-100% monthly returns. "it is safe to assume that the return is 100% monthly" C'mon folks. Basic economics tell you that risk/reward are not opposites. Completely outlandish claim.
If the original poster placed only $100,000,000 in the trading program, and it was not leveraged at all despite your claim it can be leveraged 5x, after 40 months at only 50% return, the program would have produced $1,105,733,232,094,000 in total returns. That's 17x more than the GDP estimate for the entire global economy for 2006 ( 65,000,000,000,000) Try running the numbers for the full $200,000,000, 5x leverage. You will run out of zeros.
"Our Trade Platform utilizes a leveraging mechanism that further enhances the Investor-Clients Principle on a ratio between 3 to 1 and 5 to 1 equation or more." Complete BS. Who their right mind is going to give you 3-5X leverage when they could just use all of that money themselves for the trade program and take all of the profits themselves?
"25% of weekly payments must be allocated to Humanitarian Causes and Venues" Please. Thrown in simply to make it sound like the trader has a heart and is a good person. Many scams use this to tug at the heart strings and make themselves appear to be benevolent.
If you could in fact prove that you can provide that kind of leverage and if you could prove those kinds of historical returns, you would have billionaires and entire countries beating down your door. That is a fact. Instead you troll relatively obscure internet message boards looking for clients? The offer has all the hallmarks of a scam. Don't take my word for it. Check with the FBI. Check with the Federal Reserve.
If you have no issues with the program then you deserve to have your integrity questioned. It's either financial ignorance or promotion of scam.
It's not the collateral that is worrisome, it's this trading offer.
I would be interested to know why you refer to 'North Amercian Commercial' and also I presume you have information on this particular company that would serve to warn others and would think that any information on a particular company is worthy of mention if it prevents fraud.
I would hope you are not just doing a quick internet search and then throwing out a name or two to see if you get a response.
I would hope you are not just doing a quick internet search and then throwing out a name or two to see if you get a response.
Google "federal reserve licensed". In one of the links, "North American Commercial" is listed as the company offering the same thing pretty much verbatim. Very few references to "federal reserve licensed" given that it is a made up term designed to offer an air of legitimacy in lieu of substance, in my opinion.
Don't need to know the company name however to know it is a BS offer.
Also took a quick look at your web site.
Why not use the 10x leverage 200% returns you claim you can provide on your web site?
Don't need to know the company name however to know it is a BS offer.
Also took a quick look at your web site.
Why not use the 10x leverage 200% returns you claim you can provide on your web site?
The web site program is from a different resource and does not take collateral directly, it is an entirely different kettle of fish. The 200% average expected returns are for the $10 mill plus programs and are monthly.
This is a cash program but we can also arrange loans or even use one of our 3 wall street lenders to lend against quality CD's, Bonds etc especially if screened. The loans are then used in the trade programs.
Again it bears no resemblence to the collateral trading program. I doubt that anyone would be prepared to take a loan against their collateral just to sponsor a project which is why these programs are useless for collateral sponsoring.
.................................
Ok back to the other stuff, seems to be a major error, the program is not linked to NAC however the statement re Licensed Fed trader is and is pure BS. For some reason the file I posted appears to have been amended at some point and as I simply copied and pasted the file (and I admit without reading it after posting) I presumed all was in order when in fact the initial statement is the NAC claim and is totally false.
The actual PPP trade program used for collateral generated humanitarian funding is real and works well.
We actually did some work on the NAC claim and contacted a member of the Fed Reserve Board, which is why I am somewhat surprised the current file had this information in it.
The response to the NAC claim from the Fed Board member was as follows............................(Verbatum)
Graham,
As I had suspected, the statement is not legal and the information on that website utterly deceptive. As you know, the Federal Reserve is the central bank of the United States, and, as such, it undertakes transactions with governments, commercial banks and other financial institutions. The Federal Reserve is not involved in investment businesses; there are no Federal Reserve offices in Europe or other parts of the world besides the Unites States; and there are no such things as "affiliation with the Federal Reserve" and "Federal Reserve Licensed and Authorized PPP..."
Unfortunately, similar announcements have appeared, and they still appear frequently, in many European countries. We regularly receive emails like yours by people who, unfortunately, did not have your perceptiveness and lost their money.
I hope this information is helpful.
APM
Public Affairs Office
...................................................
As you can imagine we did not even consider NAC as an option and it was not until you asked if it was NAC that I went back and read my post. (How embarrassing).
So here I was spouting the merits of the collateral program and all the time had the NAC header paragraphs right there including the highlighted Federal Reserve Licensed, this was highlighted so that we made a check on the statement. The whole of the first 2 paragraphs should have been deleted from the file as they are NAC BS and nothing to do with the collateral trade.
What can I say, post in haste and repent at liesure.
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