Adam Montana Chat 6-20-1011

Topic: Adam impromptu chat in progress, please hold the typing
[Adam Montana] hold typing
[Adam Montana] hold typing
[Adam Montana] hold typing
[Irie Herb] morning all dinarians
[Adam Montana] hold typing
[Adam Montana] hold typing
[Adam Montana] There are... as many of you know... a couple of issues going on right now
[Adam Montana] the first I will address is the departure of one of our respected members
[Adam Montana] I regret his decision, but the door is always open if he cares to return
[Adam Montana] luckily
[Adam Montana] this investment doesn't hinge on him
[Adam Montana] and others will step up to offer words of wisdom
[Adam Montana] and we will see the return on our investment with or without him
[Adam Montana] so on that note... the subject is officially closed
[Adam Montana] And the drama ends
[Adam Montana] and we can all go back to being adults, and worry about what is important - the RETURN on our investment!
[Adam Montana] now to the important topic
[Adam Montana] the other issue
[Adam Montana] Frank-Dodd Law
[Adam Montana] there is a rule in place that prohibits small guys like most of our members
[Adam Montana] from making large transactions
[Adam Montana] one of the "other sites", or "other gurus"
[Adam Montana] misinterpreted this law
[Adam Montana] and has everyone scared that we won't be able to cash in after july 15
[Adam Montana] due to this rule
[Adam Montana] I understand how the mistake was made
[Adam Montana] because I have the education and have passed the Series 65 to be a Registered Investment Advisor
[Adam Montana] itsinthemx is now banned from chat
[Adam Montana] there is NOTHING to worry about with this rule
[Adam Montana] and I'll explain why
[Adam Montana] the law is reagarding "Accredited Investors'
[Adam Montana] to be an Accredited Investor, you need over $1,000,000 net worth
[Adam Montana] the law is reagarding "Accredited Investors'
[Adam Montana] to be an Accredited Investor, you need over $1,000,000 net worth
[Adam Montana] or an individual income of over 200,000 USD for the last two years with a reasonable expectation of the same in the current year
[Adam Montana] or a joint income of 300,000 for the last two years with a reasonable expectation of the same this year
[Adam Montana] as long as you are an "Accredited Investor", the F rank-Dodd Law does not apply to you for this investment
[Adam Montana] (keep in mind that the 1,000,000 net worth excludes your primary residence)
[Adam Montana] bottom line is this:
[Adam Montana] if the Dinar RVs and you are the owner of over $1,000,000 in assets (Dinar)
[Adam Montana] then you are an Accredited Investor
[Adam Montana] I don't fault the "gurus" for not understanding this
[Adam Montana] it's a complicated subject, and that's why they don't allow every Tom Joe and Harry to open an investment practice!
[Adam Montana] I am also very thankful i was able to dedicate the time to getting this education
[Adam Montana] because otherwise i would have had to pay a lot of money to get the answer I just gave you
[Adam Montana] that's it, i will open the floor to F rank-Dodd Law questions ONLY
[Adam Montana] for about 5 minutes
[DaveH] is that going to effect people that only have say 250,00 dinar then ?
[Irie Herb] Hello Adam, I am new here so, nice to meet you. I have a question, isn't the law set up mostly to stop small investors from buying on Margin and driving prices up ?
[Adam Montana] then I have to run
Topic: Frank-Dodd Qs only
[FishMan1969] Adam Montana I listened to Phoenix take on it and feel very similar to his opinions... did you have a chance to review his opinion?
[DaveH] and thank you for clearing that up
[Adam Montana] DaveH depends on the rate of course
[DaveH] right
[Straightshot] Adam Montana ...so if your post rv dinar adds up to 900,000 you are screwed... right?
[Adam Montana] Straightshot not necessarily, there are still ways around it
[Adam Montana] it will just involve more paperwork
[Straightshot] Adam Montana ... straightshot breathes
[Adam Montana] will still get to cash in, if the rule gets applied the way they are talking
[sassyk] Adam is the Mil-- net worth ----after the dinar rv---
[Adam Montana] sassyk if you have 500k in gold
[Adam Montana] then your net work doubles
[Adam Montana] sorry, then gold doubles
[Adam Montana] so does your net worth
[sassyk] Adam Montana Don't have gold --

[Adam Montana] sassyk same applies to Dinar

[sassyk] Adam Montana thanks
[bobbidoll] Adam Montana I have to leave but thank you very much.
[Adam Montana] bobbidoll welcome
[Adam Montana] wow did I really do THAT good of a job explaining?
[Adam Montana] Straightshot yw!
[Adam Montana] glad I could clear it up
[texasspark] Adam Montana
[4Horsn2] Adam Montana ... thanks for the insight!
[Adam Montana] I know a lot of fearmonger gurus out there do some shady stuff for attention
[sassyk] Adam Montana calmed some nerves ---
[Adam Montana] I just wanted to clear that one up real quick
[texasspark] Adam Montana any dates we should be looking for?
[Adam Montana] texasspark don't forget your anniversary
[Adam Montana] or moms birthday
[texasspark] Adam Montana
[Adam Montana] those are the only dates I'm going to give today
[Thankudad] As usual Adam Montana thank you for all you have done for all of us, I only got half of the chat, will this be posted?
[Adam Montana] Thankudad i believe so
[texasspark] Adam Montana Ty
[Adam Montana] mods - anyone get it all?
[pleasantvalleySunday] Adam Montana got it
[pleasantvalleySunday] ready to post
[Riley] Adam Montana Thanks Adam
[Adam Montana] thank you PVS, go ahead - I'm done here for now. got a lot of work to do today!
[Adam Montana] thanks all
[Adam Montana] have a great day!