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janice shell

12/11/13 3:21 PM

#38027 RE: Pdetti #38023

I am told the bonds are actually real but not redeemable.

Not possible. If they're real, they have value. As it is, they're worthless, except as decoration. Several have noted that Riad could probably get $25 a pop for them. Maybe more, if he framed 'em nicely.

They're fake. Identical to the ones grabbed in the Italian raid in 2012.
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TenKay

12/11/13 4:24 PM

#38045 RE: Pdetti #38023

I am told the bonds are actually real but not redeemable.

What does that even mean? How would real US government securities not be redeemable? I see this distinction between the use of the word "fake" and the word "worthless" like there is some distinction.

There is none. It is a distinction WITHOUT a difference. They are not redeemable because they are fake. Is there any other reasonable explanation?

Further, if the US government is not redeeming the bonds, nor paying interest, nor a finders fee for repatriation why has Riad not sued the government for redemption, interest or a finders fee???

Because "worthless" = "fake".

And he knows it.

This was simply a ham handed attempt to monatize the "bonds" through a penny stock scam.