Surprisingly, most OPT‑IN clients in this forum still seem to live in “la‑la land”.
The deal OPT‑IN clients accepted by not opting out:
https://9fraud.com/purchase-and-assumption-agreement-for-euro-pacific-bank-assets-with-qenta-inc/
Sections 2.2 and 2.2(d): At the initial closing (30 September 2022) OPT‑IN clients entered into a custodial relationship with Qenta, AND Qenta assumed liability toward those clients (SCHIFF IS WRONG if stating anything else. It is here. Black on white). Of course, this proceeded only after receiving “regulatory approval” from OCIF,without it the deal would not have been approved and the assets would never have been transferred to Qenta.
Note that there is NO deadline for when the “additional closing” (Section 2.3) must occur.
Look at the definition of “Closing Date” (p. 2): it refers to︀ the initial closing. Then read Section 6.1,terminating this deal CANNOT happen now, three years later.︁
REALITY FOR OPT‑IN CLIENTS:
The receiver is 100 % within his legal rights not to︂ interfere in this “fantastic” deal Peter Einstein Schiff made with Qenta (a company that likes︃ to change its name every other year and whose subsidiaries are in bankruptcy). OPT-IN CLIENTS:︄ FORGET ABOUT THE RECEIVER.
The Qenta team is smart. After three years not a single︅ customer has sued anyone; instead, they spend their time complaining in online forums. Qenta is︆ probably counting on this to continue and will then charge an additional USD 1 million︇ per month for the assets they are now holding. Qenta strategy: Pretend to want to︈ send the money back, but they are counting on keeping these assets!
There is new︉ management at OCIF. The receiver is locally PR based, and no one really knows where︊ in the world Qenta is based. Who do you think OCIF will listen to? Also:︋ Of course, the Receiver already cleared with OCIF before answering Qenta this week.
What is︌ not public knowledge is Peter´s true involvement with Qenta. He certinaly gets forwarded confidential letters︍ from them to the Receiver and he certainly (as he says here) speaks frequently to︎ Brent de Jong about other topics than EPB.