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Re: strongtower post# 19532

Thursday, 02/05/2009 8:11:36 PM

Thursday, February 05, 2009 8:11:36 PM

Post# of 29699
Strongtower, I am curious, where did you get the number 1.5 bllion dinars sold by Ali alone each month. Not saying I believe or dont believe you, but that seems like a pretty big number. If I used that number and calculated a 20% gross margin, it looks like Ali is netting a gross margin of around $300K a month US$. Also out of that 1.5 billion, what % is from inventory obtained from investors selling their dinar to Ali (meaning he is not obtaining all 1.5 billion from Iraq). I am just trying to add up the numbers to understand where everything falls in to place.

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