Sebastian River Holding’s Inc. Announces Its First Foreign Currency Investment; 100,000,000 Iraq Dinar
SEBASTIAN, Fla.--(BUSINESS WIRE)--Sebastian River Holding's Inc. (Pink Sheets: SBRV), today announced that the company has joined the United States and has invested in the Iraq economy, by purchasing 100,000,000 Iraq Dinar.
The company feels that this investment will increase dramatically in the near future. As of today 1,000,000 Iraq Dinar is equal to $784.93 USD, according to the Central Bank of Iraq (CBI). Since it is nearly impossible to purchase directly from CBI, 1,000,000 Iraq Dinar is being sold as high as $1340 USD here in the United States.
Iraq news sources, state that a revalue of the Iraq currency is in the near future. Prior to war with Iraq, the Iraq Dinar was valued as high as $3.20 USD per Dinar. This means 1,000,000 Dinar was worth as high as $3,200,000 USD back when all was well between the US and Iraq.
“We are on our way to become large investors in foreign currency,” stated Daniel Duffy, President/CEO of Sebastian River Holding’s Inc. “Since Iraq has the largest natural gas reserve in the world and is the 2nd largest proven oil reserves in the world, with over 100,000,000,000 barrels of oil, the company feels that the Dinar reaching 1 Dinar per US dollar is feasible. If the rate goes 1 Dinar for 1 US Dollar, this would give Sebastian River Holding’s Inc. a profit of well over $99,000,000 from this one investment.”
Sebastian River Holding’s Inc. will soon announce other foreign currency investments and updates on the two acquisitions of Pelican Capital Mortgage Lending, Inc. and TCI Electronics, Inc.
Forward-Looking Statement
This Press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. The forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
Contacts
Sebastian River Holding's Inc.
Daniel Duffy, 772-581-7370
Email: [email protected]
Please visit our sponsors
Results 1 to 10 of 26
Thread: Public Company Buys Dinar
-
28-03-2007, 07:21 PM #1
- Join Date
- Mar 2007
- Location
- Florida
- Posts
- 61
- Feedback Score
- 0
- Thanks
- 0
- Thanked 1 Time in 1 Post
Public Company Buys Dinar
-
Sponsored Links
-
28-03-2007, 07:40 PM #2
-
28-03-2007, 07:43 PM #3
- Join Date
- Sep 2006
- Posts
- 112
- Feedback Score
- 0
- Thanks
- 16
- Thanked 139 Times in 13 Posts
wow, this is great news, im sure no public company and its members of the board would throw away a hundred grand on dinars if they thought it was going to bomb.
-
28-03-2007, 08:21 PM #4
- Join Date
- Jun 2005
- Posts
- 239
- Feedback Score
- 0
- Thanks
- 1,049
- Thanked 976 Times in 49 Posts
-
28-03-2007, 08:33 PM #5
- Join Date
- Sep 2005
- Posts
- 657
- Feedback Score
- 0
- Thanks
- 3
- Thanked 262 Times in 17 Posts
Wow! Good stuff! Thanks!
"The expert at the "Central", Majid Assuri, expected a remarkable improvement in the rate of the dinar, due to the low dollar exchange rate, over the next couple of months."
-
28-03-2007, 08:41 PM #6
- Join Date
- Mar 2007
- Location
- Florida
- Posts
- 103
- Feedback Score
- 0
- Thanks
- 21
- Thanked 32 Times in 14 Posts
A little more info on Sebastian River Holdings.
Rip Off Report:MEM Financial Solutions, Daniel Duffy, Donovan Rhoden, Mark McLeod ripoff, stock scam, fraudulent and misleadin press releases Grant Florida
-
28-03-2007, 08:43 PM #7
Danny, tell us the truth here... Is this your company? I remember from the conference call the other night that you were the CEO of a company specializing in mergers and acquisitions.... Sounds to me like it's the same company... I also remember that the company's symbol started with an "S" all very coincidental...
-
28-03-2007, 08:48 PM #8
- Join Date
- Oct 2006
- Posts
- 1,123
- Feedback Score
- 0
- Thanks
- 119
- Thanked 1,285 Times in 123 Posts
Ouch! Who holds the Secret Key?
-
28-03-2007, 08:52 PM #9
- Join Date
- Dec 2006
- Posts
- 215
- Feedback Score
- 0
- Thanks
- 0
- Thanked 154 Times in 44 Posts
-
28-03-2007, 09:01 PM #10
- Join Date
- Sep 2005
- Posts
- 657
- Feedback Score
- 0
- Thanks
- 3
- Thanked 262 Times in 17 Posts
"The expert at the "Central", Majid Assuri, expected a remarkable improvement in the rate of the dinar, due to the low dollar exchange rate, over the next couple of months."
-
Sponsored Links
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
24 Hour Gold
Advertising
- Over 20.000 UNIQUE Daily!
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.