Thread: Iraq/Dinar News Up until April 5th 5PM CTZ.

Originally Posted by Icemann 30

Iran to free sailors as ‘gift’ to UK

By Gareth Smyth in Tehran
Published: April 4 2007 14:26 | Last updated: April 4 2007 14:57

President Mahmoud Ahmadi-Nejad of announced on Wednesday that Iran would free immediately the 15 British marines and sailors detained since March 23.
In a well choreographed press conference, Mr Ahmadi-Nejad said the 15 would be released as a “present to the British people” on the occasion of Easter and the Jewish Passover.

The announcement came after Mr Ahmadi-Nejad had presented a medal to Abul-Qassem Amangah, commander of the Revolutionary Guards responsible for capturing the 15, whom Iran says trespassed into its coastal waters, a charge London denies.
“Although the Iranian nation has the authority and legal right to put on trial the British military people, Iran will [instead] acquit them,” he said.
The move followed Tuesday’s return to Tehran of Jalal Sharafi, a senior diplomat who was freed on Monday two months after being kidnapped in Baghdad, apparently by Iraqi special forces, and by a report earlier on Wednesday from IRNA, Iran’s official news agency, that Tehran would for the first time be allowed access to five Iranians held by US forces in Iraq since January.
Iran, the US and Britain have all denied linkage between the cases.

A gift? Yeah right, that's like a Bank robber returning the money they stole and expecting you to thank them for it.

Originally Posted by wciappetta

A gift? Yeah right, that's like a Bank robber returning the money they stole and expecting you to thank them for it.

And now that the Brits are out of the way the area is open to a US air attack. Friday or Saturday? Place your bets.

Inscrutable Google World Trade Center, Popular Mechanics. They debunk that World Trade Center building number 7 nonsense you referred to a couple of pages ago. This is b.s. non-information to deceive people. Why go there?

Originally Posted by Inscrutable

And now that the Brits are out of the way the area is open to a US air attack. Friday or Saturday? Place your bets.

Lets go with Monday..... I got plans for this weekend.

I emailed this guy Adel and asked him what his thoughts are of the Iraq economy and also to join us here. I await his reply.

Hometown Baghdad

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.

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Last edited by zimbu : 03-29-2007 at 08:04 AM. Reason: add highlight


I don't remember seeing this particular article here. I like what it says!

apwerner, this article has been posted here about fifty times now and has been the subject of intense debate with at least one other thread devoted to it. this guy who runs the company is a scam artist that has been busted several times for running scams and is in court battles over it. please dont believe any claims made by this thief.

he is trying to get dinar investors to buy interest in his company obviously since he wants us all to know how much dinar the company holds and surely we would be interested in investing in it considering we are such avid dinar enthusiasts. when i told him on this forum that a hundred mil dinar wasnt diddly they changed thier holdings amount immediately. DONT BUY THIS GUY'S WARES OR WORDS!!!!

Originally Posted by apwerner

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.

--------------------------------------------------------------------------------
Last edited by zimbu : 03-29-2007 at 08:04 AM. Reason: add highlight


I don't remember seeing this particular article here. I like what it says!

Originally Posted by shotgunsusie

apwerner, this article has been posted here about fifty times now and has been the subject of intense debate with at least one other thread devoted to it. this guy who runs the company is a scam artist that has been busted several times for running scams and is in court battles over it. please dont believe any claims made by this thief.

he is trying to get dinar investors to buy interest in his company obviously since he wants us all to know how much dinar the company holds and surely we would be interested in investing in it considering we are such avid dinar enthusiasts. when i told him on this forum that a hundred mil dinar wasnt diddly they changed thier holdings amount immediately. DONT BUY THIS GUY'S WARES OR WORDS!!!!

Kinda ballsy to put out a press release like this, then turn around and ask a rudimentary question in the rumor section. (see rumor section 'a question about dinar'.)

Originally Posted by shotgunsusie

apwerner, this article has been posted here about fifty times now and has been the subject of intense debate with at least one other thread devoted to it. this guy who runs the company is a scam artist that has been busted several times for running scams and is in court battles over it. please dont believe any claims made by this thief.

he is trying to get dinar investors to buy interest in his company obviously since he wants us all to know how much dinar the company holds and surely we would be interested in investing in it considering we are such avid dinar enthusiasts. when i told him on this forum that a hundred mil dinar wasnt diddly they changed thier holdings amount immediately. DONT BUY THIS GUY'S WARES OR WORDS!!!!

A scam huh? Figures. Sorry for the repitition.

AMMAN -(Dow Jones)- Leading Iraqi bankers and representatives from various international banking entities gathered in Jordan's capital Wednesday at the start of a two-day conference on how to improve Iraq's banking system, which has yet to meet international standards.

The conference, attended by more than 200 representatives from Iraq's state- run and private banks and regional and international financial organizations, was organized by the U.S. Agency for International Development, or USAID, and its affiliated program Izdihar, and in cooperation with the USAID's Iraq Governance Program.

"The banking sector is a specific priority for USAID in Iraq and this conference demonstrates out commitment to this important foundation of the Iraqi economy," said Michael Harvey, deputy mission director USAID/Iraq.

"We are working to strengthen the impact of U.S. development efforts by coordinating government activities and resources with those of the private sector," he added.

Daniel Weygandt, economic minister-counselor at the U.S. Embassy in Baghdad, was among those attending the conference.

"This is the first time that Iraqi public- and private-sector representatives as well as regional and international partners have come together to discuss and make recommendations on the current status and future growth of financial service in Iraq," he said.

Participants at the conference include representatives from Iraq's Ministry of Finance, the Central Bank of Iraq, other Iraqi government entities, Iraq private and state banks, regional and international banking groups, bank training institutes and international donors.

Also among the Iraqi attendees at the conference were Iraqi Central Bank adviser Mudher Qassim, former Minister of Planning Mehdi al-Hafedh and former Finance Minister Kamel al-Gailani.

The conference will tackle subjects such as Iraq's monetary policy, regulating and monitoring Iraq's banking industry, rehabilitating state-run banks, developing the private banking sector and the necessity of Iraqi banks adopting international financial guidelines.

Years of sanctions and wars have left Iraqi banks using old systems and lagging behind international standards.

There are now around seven state-run banks and some 25 private-sector banks in Iraq

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