Still the same update Migration & Liquidation Update: March 08, 2023 - Euro Pacific Bank
Probably means it will be delayed again 🙁
Probably means it will be delayed again 🙁
Euro Pacific bank is a scam
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Peter said over 500 account holders in the UK are investigation for money laundering or tax evasion.
There is a new Migration & Liquidation Update dated on March 08, 2023. From this update we know there is no update. All previous 14 updates says the same = nothing. Miraculous circle with dead end that will last forever. We will spin around trying to catch our own tail. Meantime our funds are working hard somewhere in the sphere, unfortunately for somebody else. We are paying maintenance fees each month just in order to keep the funds frozen for good. Following your question I bet the fact that Portugal︀ still does not release the funds is not a coincidence. Would you release it at︁ once if anybody would give you a loan free from desire ? In fact it︂ is a loan with 0% interest. Where is the proof that the money is locked︃ and not touched? It's a bulls**t. This what happened to the bank is a piece︄ of well planned work. I think it was planned by someone who takes profits now.︅ There is one very common (in my country) sentence about the whole situation we are︆ all in now. "If it is not sure what it is all about it is︇ all about the money". The whole planet is sitting on the money and cares about︈ the money.
Yeap, unfortunately that update is the same as︈ no update, they could've saved the time to send those useless comments.
At this point︉ does anyone care how Qenta is going to function, all they offer you is the︊ possibility to keep all your money in Gold, who the hell does that! There are︋ already many others, better companies that will do that for you if that's your thing.︌
At this point︉ does anyone care how Qenta is going to function, all they offer you is the︊ possibility to keep all your money in Gold, who the hell does that! There are︋ already many others, better companies that will do that for you if that's your thing.︌
Maybe we do not know something. Maybe the world is going a few centuries backward and soon we will pay our bills using gold. Then it would be workable for sure. Anyway,︀ for now we are lucky it is a gold. It could be worse. Pigs, stone,︁ ash. I am also wondering why Quenta. They are not ready for taking EPB role.︂ It also can be that they are preparing to manage this mess somehow and that︃ takes so much time. Try to imagine that Portugal release money and then Quenta has︄ heart attack. That would be the show ... I would launch all popcorn bags I︅ have in my kitchen.
Are users who opt into Qenta just been giving a G-Coin crypto wallet by Qenta? Or are they being given some other product belonging to Qenta? Does anyone know what they opted into exactly?
I am just interested to understand some background to this all.
https://www.gcoin.com/
I am just interested to understand some background to this all.
https://www.gcoin.com/
That's exactly what customers will get with Qenta whenever the liquidation process is completed, a debit card that will allow you to spend your Gold, no other products for now, no idea why anyone would want to stay with Qenta, they haven't even provided their fees, everything to be announced in the future,︀ once they got you in their system.
Humm so Qenta owns G-coin. The CEO of Qenta is also director of G-Mint Sarl i.e which is the Swiss company providing vault services for the gold. That company uses a C/O address of G-Commerce Suisse Sàrl. G-Commerce Suisse is another company where Qenta CEO is director. The address is an office with over a dozen other companies - not a problem I guess.
So my question is does G-Coin/G-Mint Sarl provide clients with a transparent audit report? Where is the physical gold actually held in Switzerland that the vault services company (G-Mint Sarl) claims?
If you are not given any paperwork or answers I︀ would advise anyone to exercise extreme caution here before putting anything in "digital gold".
So my question is does G-Coin/G-Mint Sarl provide clients with a transparent audit report? Where is the physical gold actually held in Switzerland that the vault services company (G-Mint Sarl) claims?
If you are not given any paperwork or answers I︀ would advise anyone to exercise extreme caution here before putting anything in "digital gold".
Thank you so much for the information, this gets worse︂ and worse doesn't it....
Qenta did say that they are keeping the Gold in "Switzerland"︃ so your information seems legit and very concerning to say the least, however Qenta's subsidiary︄ and customer's accounts will be based in Dubai, what a combination!
And Yes, Qenta owns G-coin, it's their proprietary product.
"Qenta Tokenization offers patented asset︍ tokenization solutions and payout facilities starting with the G-Coin token, a digital gold asset and︎ Responsible Gold."
Qenta did say that they are keeping the Gold in "Switzerland"︃ so your information seems legit and very concerning to say the least, however Qenta's subsidiary︄ and customer's accounts will be based in Dubai, what a combination!
And Yes, Qenta owns G-coin, it's their proprietary product.
"Qenta Tokenization offers patented asset︍ tokenization solutions and payout facilities starting with the G-Coin token, a digital gold asset and︎ Responsible Gold."
Hi
I'm new and spent the last day going through all the posts/comments. Just a thought about all the negative media reports make me wonder if the funds, when they are eventually released to account holders opting out (I am one of them), will not be questioned by the bank receiving the funds as the local tax offices may have flagged funds coming in from EPB/Nova Bank. This will cause even further delays as the local banks may request additional paperwork from us (account holders) to satisfy local tax offices. The way the media indirectly tarnishes clients of EPB ( in good standing), is of︀ concern.
I'm new and spent the last day going through all the posts/comments. Just a thought about all the negative media reports make me wonder if the funds, when they are eventually released to account holders opting out (I am one of them), will not be questioned by the bank receiving the funds as the local tax offices may have flagged funds coming in from EPB/Nova Bank. This will cause even further delays as the local banks may request additional paperwork from us (account holders) to satisfy local tax offices. The way the media indirectly tarnishes clients of EPB ( in good standing), is of︀ concern.
I've thought of that, but it will be up︁ to the new Bank to decide how much paperwork they want you to provide, although︂ even if none of this would have ever happened any bank can ask for proof︃ of source of funds, it's pretty standard these days, obviously all the negative fake allegations︄ don't help, it is what it is....
If you have nothing to hide and funds you held at EPB are clean and declared (if required by law) then there is no problem. Provide whatever the receiving bank might request of you.
My concern is how transparent is Qenta with any gold holdings for those that opted in. My opinion is that if they don't provide an audit report over gold they hold....walk away. Don't make a mistake twice.
I am sorry but all companies that custody third-party funds have to be transparent or else you will end up in a mess. And Dubai is garbage for regulation.
My concern is how transparent is Qenta with any gold holdings for those that opted in. My opinion is that if they don't provide an audit report over gold they hold....walk away. Don't make a mistake twice.
I am sorry but all companies that custody third-party funds have to be transparent or else you will end up in a mess. And Dubai is garbage for regulation.
It's disappointing that pretty boy Brent (Qenta) has grown completely silent after the first town hall meeting. Sad that clients are left stranded with absolutely no recourse whatsover. Perhaps as clients we should co-ordinate our own media campaign and utilize the media platforms availabe as there is no meaningful "voice for clients" at the moment. We need to know what is happening and what is︀ not "from the horses mounth" rather than morsels of repetition.
It clearly shows that this financial institutions only care about customers when they can get your money, once the money is gone don't expect anything︀ from them.
If customers ever get their money back I hope nobody is crazy enough︁ to stay with Qenta and their BS G-Coin scam, they're going to drain your account︂ with fees, and as Martin Everson very well said, Dubai is garbage when it comes︃ to regulations, you're guaranteed to lose a lot of money if Qenta goes bust, didn't︄ Brent say that "he was very familiar with the liquidation of banks as he had︅ been involved in a few of them in Dubai" well, well, well!
And the other︆ information provided by Martin is very concerning to say the least with all the Switzerland︇ companies created by this "CEO."
All this has gone from bad to worse very rapidly,︈ so much incompetence right from the beginning!
Only 11 more days to March 23, anything︉ other than another delay would be a miracle.
If customers ever get their money back I hope nobody is crazy enough︁ to stay with Qenta and their BS G-Coin scam, they're going to drain your account︂ with fees, and as Martin Everson very well said, Dubai is garbage when it comes︃ to regulations, you're guaranteed to lose a lot of money if Qenta goes bust, didn't︄ Brent say that "he was very familiar with the liquidation of banks as he had︅ been involved in a few of them in Dubai" well, well, well!
And the other︆ information provided by Martin is very concerning to say the least with all the Switzerland︇ companies created by this "CEO."
All this has gone from bad to worse very rapidly,︈ so much incompetence right from the beginning!
Only 11 more days to March 23, anything︉ other than another delay would be a miracle.
Getting a bit nervous now with all the banking closures happening and our money been stuck in this useless NOVO BANK. Credit Suisse is on the verge of collapse and with that probably the entire EU banking systems which presumably would include NOVO BANK.
I had my money in GLD which I had to liquidate to facilitate this transfer and wanted it back to reinvest into GLD. So this situation with NOVO BANK unlawfully︀ witholding the transfers is not helping at all.
If this is related to local tax︁ office in the UK instructing NOVO BANK to withold transfers and the root cause of︂ the problem, I would like to know as I have sent all my documentation off︃ to local tax office proving my account was nothing more than GLD backed account and︄ was a dormant investment and provided evidence of source of funds. This was some months︅ back and not heard back from them. So if my money is at risk as︆ a result of HMRC actions, I would like to know as I will take this︇ to court here in the UK for negligence. Had the transfer been executed on time︈ last year, I could have bought back my GLD holdings in same oz value I︉ had to liquidate, now for me to buy back I will be at a loss.︊
What happens in this cirucmstance then if EU banking system collapses? We lose our money︋ in EPB correspodant Novo Bank if this thing goes down?
I had my money in GLD which I had to liquidate to facilitate this transfer and wanted it back to reinvest into GLD. So this situation with NOVO BANK unlawfully︀ witholding the transfers is not helping at all.
If this is related to local tax︁ office in the UK instructing NOVO BANK to withold transfers and the root cause of︂ the problem, I would like to know as I have sent all my documentation off︃ to local tax office proving my account was nothing more than GLD backed account and︄ was a dormant investment and provided evidence of source of funds. This was some months︅ back and not heard back from them. So if my money is at risk as︆ a result of HMRC actions, I would like to know as I will take this︇ to court here in the UK for negligence. Had the transfer been executed on time︈ last year, I could have bought back my GLD holdings in same oz value I︉ had to liquidate, now for me to buy back I will be at a loss.︊
What happens in this cirucmstance then if EU banking system collapses? We lose our money︋ in EPB correspodant Novo Bank if this thing goes down?
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