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Re: farmdawg post# 12791

Tuesday, 01/05/2016 5:58:52 PM

Tuesday, January 05, 2016 5:58:52 PM

Post# of 12911
There is a document you should have gotten named ITEC Gold Delivery Instructions.pdf which has a heading: INSTRUCTIONS FOR PRIVATE PLACEMENT SUBSCRIBERS ELECTION FOR REPAYMENT OPTION TO TAKE DELIVERY IN KIND / GOLD

Looks like the gold option is deliverable in two parts, each separated by one year on Dec 31st. And it is delivered by Loomis Armed Courier. Can you imagine a Brinx-like truck driving up to your house instead of the Fedex/UPS guy, I can't. LOL.

Personally I am really only interested in the stock with the gold as a "backup plan", but I am told that the physical gold is attractive to lots of investors, to each his/her own. So I hadn't read the fine detail on the gold option but I just reviewed it when you asked. Both the stock and gold options require sending back the stock certificates you received - all this fancy certificate stuff seems a bit wasteful in terms of fedex costs back and forth but its probably the only legal way to do it (My efficiency take would be that this could all have been done electronically but I guess not).

Anyway, someone should be able to get back to you, I have dealt with Laura in my later relations with ITEC since it was almost impossible to get through to any of the Execs live, and she can make sure you are well taken care of.

Feel free to PM me as well and I can get you contact info, it's not been their strength to get back to people, so be it, so you need to be the squeaky wheel.