Our valued sponsor

Euro Pacific bank is a scam

so new report by Trustee. Opt out will be the lucky ones. Opt in looks like losing all?

Report looks clear and situation safe for opt-out's. There is still $1m trapped/lost but half apportioned to Opt-in's it seems but the $519k in interest minus Receiver fees will go a little way to helping that situation.

Report does not however help opt-in's. Qenta et al should be giving those opt-in persons a timely statement on current situation for them I guess.
 
  • Like
Reactions: danielboros
From the report You can draw a conclusion that opt outs are minority ( 18mln ). Receiver controls 48 mln. 19mln from metals and investment accounts was forwarded to qenta in the past. Seems like receiver is controlling 30 mln of opt ins. This is semi good news as they cant just ignore this and send majority of the cash to an unresponsive probably dead company. This would surely be a good ground for the lawsuit.

So most likely if You had precious metals or investments in EPB then this cash is the most problematic, probably not recoverable.
 
I am wondering how will they proceed with dead companies and owners that are still alive. Private account transfer ? I am keeping domain alive and email servers too. Phone is dead since it's unnecessary cost for me. There are many more questions and no answers so far. During conversation on Skype with Quenta representative I was asked if I want to exchange money to precious metals or transfer the money out. I chose transfer. But how and when .... Quenta didn't know then and I assume they do not know now.
 
I am wondering how will they proceed with dead companies and owners that are still alive. Private account transfer ? I am keeping domain alive and email servers too. Phone is dead since it's unnecessary cost for me. There are many more questions and no answers so far. During conversation on Skype with Quenta representative I was asked if I want to exchange money to precious metals or transfer the money out. I chose transfer. But how and when .... Quenta didn't know then and I assume they do not know now.
I talked to them regarding this.
Money will be transferred to the ultimate beneficial owner.
 
During conversation on Skype with Quenta representative I was asked if I want to exchange money to precious metals or transfer the money out. I chose transfer. But how and when ....

This has not worked out well for Qenta financially. They received just under $20m in assets (opt-in's) from EPB asset sale deal.

P.S Your company is not only thing dead now, so is Skype :confused:
 
P.S Your company is not only thing dead now, so is Skype :confused:
Unfortunately, the world is spinning arround, except for the receiver and OCIF. I use paid Skype features. The company number has been canceled, but there are still some credits. They say that if I have Skype credit or an active subscription, I can make calls using the new Skype keyboard, and also receive incoming calls.
In any case, I count on e-mail communication. I will keep it alive until the money is returned. It is the only stable door, to be honest.
Uhm are You reffering to You communication with Qenta in the past or did You managed to contact them recently?
I was in touch with Quenta c.a. 1,5 ~ 2 years ago.
 
Why in 6 months?
Sorry I meant to say 90 days. That's how it should work if we get a written consent from OCIF.

The Consent Order dated August 9th, 2022 (hereinafter, "Effective Date"), is hereby incorporated, and marked as Exhibit A to this Plan in its entirety. EPB shall be obligated to fully comply with its terms. Pursuant to Section IV (3), the closing of operations, transfers and withdrawal of funds is subject the following:

(i) This Voluntary Liquidation Plan shall become effective on the date of the approval of the Plan by the affirmative written consent of EPB, the Trnstee, and OCFI.

(ii) The Liquidation Period shall not exceed ninety (90) days from the Effective Date.

I've sent emails to Lugo and asked if OCIF gave their written consent yet, but since I am OPT IN they will most likely not answer.
 
  • Like
Reactions: Radko
welcome to the next PS fanboy lol
The PS fanclub is a very exclusive establishement and we don't just accept anyone. A formal request must be made and we will reply in 5 business days; unless we consider the applicant too lame to join, in which case we will not reply. Receipts from SchiffGold is a plus and applicants must answer one hundred questions about individual episodes of The Peter Schiff Show Podcast. After initiation the person must declare their house or flat a sovereign nation and start minting gold coins.