PTR Update 9-4-12

9-4-2012 Tony (PTR): From seven different sources that they (lower denoms, coins) are there and they came with directions. In Columbus, Ohio (and other locations) Chase and Fifth/Third were doing currency exchange training yesterday.

Why would they bring in their people on a holiday to do currency exchange training? Something they were anticipating. Everybody is still anticipating this month. Between now and the middle of the month anything can happen. US contracts in Iraq getting paid $4.41 rate.

9-4-2012 Gary (PTR): The banks are looking at this with the same expectation as we are right now. They are all saying the same thing.

They are anticipating some currency changes, anticipating having to deal with a lot of Forex activity, and some major readjustments and people coming in; training tellers how to handle foreign currency. So when you see that you know that something is about ready to break.

9-4-2012 Gary (PTR): Major changes going on over there in country. They are moving forward and a lot of things pointing in the direction of they are ready, they are done. That is exciting!! The banks are looking at it in the same anticipation as we are. I am expecting some more positive things going on this week, hopefully some announcements.

9-4-2012 Dan (PTR): I see nothing negative except that it hasn’t happened. The information that we have received that’s going on in the banking institutions either overseas or here is what I have been looking for. I didn’t say it was going to happen today, but I am hoping, I just don’t see it yet

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