Iraqi Dinar Discussion Board

[pkripper]

Sebastian River Holding's, Inc., purchases an additional 35 million Iraqi dinars to reach its goal of one billion dinars

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03 April 2007 (PortAl Iraq)

Sebastian River Holding's Inc. recently announced that the company has added an additional 35 million Iraqi dinars (ID) to its foreign currency portfolio. This purchase gives Sebastian River Holding's Inc. a total of 135 million ID. The company aims to acquire a total of one billion ID.

The company feels that this investment will increase dramatically in the near future.

According to the company, Iraqi news sources state that a revalue of the Iraqi currency is in the near future.

"We are building our portfolio in foreign currency," Sebastian River Holding's, Inc., President and CEO Daniel Duffy said. "We are going to continue to purchase the currencies that we feel will increase the most in value, in the shortest period of time. The Company feels confident that its holdings in foreign currency will dramatically increase in the near future and allow Sebastian River Holdings to have Earnings Per Share (EPS) of well over $3.00 EPS from just one of our holdings being revalued."

http://www.iraqupdates.com/p_articles.php/article/16137