I have 57 seres japanese bonds can youtrade?osakaboeki@hotmail
1. The only treaty holder with the Japanese and the only entity being allowed to redeem the bonds and pay a profit to the bond holders.
2. This is NOT a trade program, this is a redemption program. The treaty calls for every bond to be turned in immediately following payment. There is a trade program involved but that is a trade against LC's issued against the bonds. This trade generates the cash required to purchase the bonds from the bond holders.
3. It is a sale. The bond holders will be paid 250% of face value over a period of 1 year, paid weekly. That is what is being proposed right now and what has been approved. The bond holder is paid in advance of relinquishing his bond so if the payment that has been made is deemed insufficient the bond holder will not send his bond and will simply return the funds received. Considering that these bonds currently have a value of zero, I don't expect this to be the case.
I hope this answers all the questions, time is very short. I cannot stress enough that this is the ONLY legitimate method any bond holder will ever have to be paid on Japanese 57 bonds. We have the ONLY treaty allowing the bonds to be purchased and when this very short window closes, all bonds remaining in the possession of bond holders will be rendered valueless forever. This has happened before in the past with other types of bonds; a one time offer is made, the bonds are redeemed and destroyed and the un-redeemed bonds are no more than a novelty from that date forward.
Concerning a meeting to sign a 'contract', I'm sorry but time will simply not allow this. There is already hundreds of thousands of bonds registered and it would be a logistical nightmare to try to meet with all of these bond holders. Each attorney holding bonds on behalf of bond holders will be called, the bonds in their possession confirmed, and the sale will proceed, which is all that is required.
It is important to understand that for bondholders that have been holding these bonds for decades, this treaty is a miracle. Many people have tried to do something with these bonds and have been sent to prison for their efforts. This is because Japan WILL NOT confirm the validity of the bonds except through this treaty. It is illegal to even have a Japanese 57 bond in your possession in the United States and many other countries. I urge all bond holders to do this now, it is a once in a lifetime offer, and it won't be repeated.
Reply to: Ceo@Tprenergy.com