Apparantly there was a list of cash out, which was people who initially where Opt-ins, but who just wanted there money back. The guy emailed me and his account came right up on my spreadsheet. So I don't knwo why the Receiver doesn't recognize his claim.
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Euro Pacific bank is a scam
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I do not understand. When a client has cash only, if he is Opt in or opt out, why is he treated differently by the receiver?
Check your spam. I think we sent out about 6,000 emails. I am a party︀ to the transcation, so I do having standing as specifically stated in the Agreement. But︁ I would prefer that the actoin be filed by the Receiver. If he did that︂ Qenta would not even have an arguement, let alone a chance of winning.
It's more like he wants to steal the assets from customers. I have told the Recevier that I will help him return 100% of Opt in customers assets in kind almost immediatly after he regains conrol. So why should they accept 50 cents on the dollar from Qenta? Why should Brent get to walk away with this windfall at their expense.? If Qenta was really trying to help customers, as he claims, I would be the last person to stand in his way.
I transferred Euro Pacific Securites to Qenta as required by the Purchase and Assumption Agreement. But Qenta was supposed to use it to custoday assets for the benefti of the Opt-in customers. They were not supposed to use it to steal money from the Opt-in customers.
No, only about $8 million is in mutual funds. But that is llisted sperately as $5.8 milion in mutual funds. Again that is the value of the funds in Sept. 2022. They were worth about $8 million when the termination lnotice was sent to the Reciever. They are worth more now, espcially the gold fund, as the stocks in all the funds have gone up more since then.
They hold both. Actually they hold gold, mutual funds, and cash. The silver is still with Silver Bullion in Singapore. They told me they would return the silver to the bank if the Receiver accepts it. I told the Reciver i am ready to distrinute all of thst silver to customes in kind. Not sell it and give them the value from Sept. 2022, which is what Qenta wants to︀ do.
Correct. Remeber, they also wanted to withhold over $5 million dollars to cover their "losses" due to the transaction not closing. The losses were all the money they spent over the last three years. Yet if they are also keeping almost $30 million in appreciation on the customer's assets, how can they claim they lost money on the transaction? Even if they spent $5 million to make $30 million, that a huge return on their investment. But I don't beleive they spend︀ anywhere near $5 million over the past three years. I think that's just another lie.︁ They only paid the bank $500,000 to purchase the right to custody those assets for︂ customers. Yet they want to parley that $500K into a $30 million dollar windfall at︃ the expense of the bank's customers!
Correct. The Reciver has reached out to Silver Bullion, but Silver Bullion will not tell me what is going on as they feel I have no right to know as the Receiver is in charge of the bank. I have repearedly aksed the Reciver to tell me but so far he has said nothing.
Practical implications if Qenta goes bankrupt
If the assets truly are segregated client assets (custody with G‑Mint or another custodian), you remain the legal owner and the bankruptcy administrator cannot use them to pay Qenta’s creditors , though access may be suspended while administrators verify claims.
If your “opt-in customer” assets are segregated/custodied → you should not lose them, but expect delays during bankruptcy proceedings.
If the assets truly are segregated client assets (custody with G‑Mint or another custodian), you remain the legal owner and the bankruptcy administrator cannot use them to pay Qenta’s creditors , though access may be suspended while administrators verify claims.
- If some funds/assets were held as corporate property or pooled in Qenta’s accounts, those portions could be at risk and you would be an unsecured creditor for recovery.
- Disputes / litigation (Euro Pacific receiver, court orders, public complaints) can complicate and delay recovery even when legal ownership exists
If your “opt-in customer” assets are segregated/custodied → you should not lose them, but expect delays during bankruptcy proceedings.
- If they are held in︀ Qenta’s own operational accounts → you risk losing some or ALL of your funds in︁ bankruptcy.
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