Public Company Buys Dinar
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]
Outcome of this....anyone?
Rebuttal REBUTTAL employee
Submitted: 10/4/2006 8:49:02 PM Modified: 10/4/2006 8:49:02 PM
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I am a wireless consultant for Family Cellular, a subsidiary of Sebastian River Holdings (SBRV). Once a week, the whole company meets and Dan Duffy comes and speaks to us. He talks of how Family Cellular's numbers are taking the company to big places. Just last week, when talking about opening SBRV's ticker into public trade he told of how he was a master of manipulating the market and how SBRV would "surprise the market".
My question to anyone reading is this: how can i protect myself and the innocent people i work with from being hurt by what is going to happen to them.
Here's the kicker... Dan's only three rules he holds us to at Family Cellular are these: "don't lie, don't cheat, don't steal." I find these words to be ringing all too ironic now.
William - Titusville, Florida
U.S.A.
I saw this in the link that was posted for more info. It would be nice to know what happened with this company...might give us some insight to the validity of all of this. I'm not sure about anyone else, I have never heard of Family Cellular, but I do not live in or near Florida. Are/Were they just a local Florida cell phone company? It would seem to me that if "Family Cellular's numbers are taking the company to big places" then some of our fellow Floridian members, at least, should know something about them and possibly the outcome of this "surprise the market" venture. JMO
Thanks, Patty
No opinion...just curiosity
Quote:
Originally Posted by
DANNYDINAR
Davzgirl Sebastian River Holdings Owns A Company Called Global Communications Solution Which Is In Business With A Company, Family Cellular. We Are The Largest Tmobile Authorized Dealer In The Florida Market. The Employee Who Wrote This Article Was A Former Employee Of Our Company That Only Wanted A Job To Find Out Inside Info And Was Fired In Less Than A Week Because We Found Out About This Employee Who Was A Trader And Just Wanted Info. You Can Go To Almost Any Mall In Orlando Down To Vero Beach And Family Cellular Is In The Mall A Total Of 20 Stores. If You Have Any Questions You Can Pm Me And I Have No Problem Answering Your Questions.
I was just wondering about this company as I have heard of ones such as Cingular, T-Mobile, Verizon, and so on. I did not know this was a supplier (I guess would be the right word) of T-Mobile...I don't use T-Mobile. I totally understand about websites that offer people/employees of the "disgruntled persuasion" to voice their opinions about other people/companies. Actually, there was a piece just tonight on ABC World News tonight about these websites and how they have destroyed individuals' dreams in one form or another. Truly, it makes me no difference if you are on the up-and-up or not. What your company does will most likely never affect me or anyone I know personally. If it ever comes to be that myself/family/friends have any dealings with any of the companies within your holding company, I will form any opinions I may have at that point...good or bad. Until then, I know nothing about you or your companies, so I have no opinion. I just happened to see this and was curious about the outcome. Being in business is a brutal business within itself...sometimes you make friends, sometimes you make enemies (just ask Bill Gates, Ted Turner, Donald Trump, and the list could go on endlessly). If you are legit, best wishes to you :cheers: ...if not, shame on you :fryingpan .
Patty