Replies to post #54818 on Eagle Worldwide Inc.(fka ELWD)

[Shankman]

What is this "defraud" you are talking about? So you are saying they want to take everyone's certs....because that is all they are asking right now. Whack up all of that money between everyone involved and they each get enough to go out for a nice dinner.

So, I will ask again, what is the "scam?"

[StockTrader1965]

I tend to think that they can make the guarantee. In the Uinted States we have the following:

A certificate of deposit or CD is a time deposit, a financial product commonly offered to consumers by banks, thrift institutions, and credit unions.

Such CDs are similar to savings accounts in that they are insured and thus virtually risk-free; they are "money in the bank." (They are insured by the FDIC for banks or by the NCUA for credit unions.) They are different from savings accounts in that the CD has a specific, fixed term (often three months, six months, or one to five years), and, usually, a fixed interest rate. It is intended that the CD be held until maturity, at which time the money may be withdrawn together with the accrued interest. While Domestic CDs are USD denominated CDs, Yankee CDs (YCDs) are USD denominated CDs issued by the US branch of a foreign bank.

And then we have savings bond. Savings bonds are treasury securities for individual investors. US Savings Bonds are a registered, non-callable bond issued by the U.S. Government, and are backed by its full faith and credit.

And now we have the PDR. So I do think they can make this guarantee. Our government does it. JMHO :)

[midas716]

You are misinterpreting what is going on here. Let me explain it for you.

Other exchanges buy other exchanges all the time. Ex - NASD attepting to buy the London Exchange for 5.3 Billion. I have highlighted that number because it is significant later in my post.

This isn't about gauranteeing investors .02 and .04 cents per share. The picture for them is much larger than you are giving them credit for. Lets crunch some numbers. .04 times 1.2 billion(aprrox. float) = 40 mil. and that is at the high extreme for buying because some will cash out at .02 so we will use .03 avg. = 30 mil. I would say compared to NASD spending 5.3 bil to get London exchange 30 mil is a relatively cheap INVESTMENT to get their EXCHANGE up and running don't you think.

What better way to get people to their exchange than to offer them investment capitol to sign on. This isn't about a gaurantee as it is about getting people to the newly formed exchange. The money they are gauranteeing is not a gaurantee it is their investment to get the exchange up and running with actual investors.

My take on 4G's Pedro email is all part of the bigger picture. They want foriegn investment in Panama plain and simple. But how can they expect foriegn investment in Panama if the foriegn companies cannot file A/F's in the U.S. If foriegn companies cannot file income made from their subsidies or partnerships in Panama.

"That will allow that the investors do not die in the attempt before the multiple previous proceedings that before they had to do."

"Panama looks for to be located like one of the countries with greater attraction for the foreign investment and tourism."

This whole email sounds as if Panama is or has relaxed it's laws to allow for that foriegn investment and quite possibly for the allowment of foriegn companies to file A/F's on income generated from subsidies or partnerships with Panamanian companies. Throughout the whole email he speaks of foriegn investment, easier to open new companies and the relaxation of laws to make them easier to operate. Just my opinion of course.

Now as far as your concerned. You have done some incredible DD on this board and IMO you may have put all the pieces together far quicker than anyone on this board and may have uncovered information to really connect all the dots that you haven't released here because it may move the PPS up faster than you would like. IMO you haven't sold but are trying to hold this down as long as you can, using your past credibility on the board, to grab as many shares as you can before this explodes. This explains your complete reversal on this board. I'm not trying to knock you in any way infact kudos to you for your game plan. This post is just to inform the rest of the board, IMO only, of your possible motives.

Happy share hunting and GLTY

Midas