HISTORICAL ASSET
Frequently Asked Questions
SALE OPPORTUNITY
Is this historical asset sale opportunity real?
SRM Services has access to purchase sources to whom our clients have submitted historical boxes/bonds. Some context relative to this legitimacy question:
As an intermediary, if you are in contact with owners of historical assets who want to sell such assets, you will be doing owners a service by letting them know about this asset sale opportunity.
If you own (or have access to) significant amounts of historical assets, we welcome the opportunity to assist you by presenting these assets directly to one of our purchase channels functioning on behalf of the Buyers.
Which assets will Buyers most highly prioritize?
Our information is that there is not a predetermined order in which assets will be purchased (at least not one that is published). Assets are currently being purchased and, for the sake of acquisition efficiency, the emphasis is on closing the larger portfolios of approved asset types. It is also our understanding that the type-of-asset selection decision may not be the same for each of the various purchasing foundations. Asset selection decisions are highly fluid and influenced by which asset types are actually available in quantity in strategic locations around the world.
Is this historical asset sale opportunity real?
SRM Services has access to purchase sources to whom our clients have submitted historical boxes/bonds. Some context relative to this legitimacy question:
- According to our sources, including persons employed by the US government, historical asset purchase activity began in the 4th quarter of 2020.Some contracts have been issued and closed.
- This sale and purchase opportunity was created intentionally by the worldwide financial “system.” The largest-economy governments, their respective central banks and the highest levels of world banking and financial regulation created this historical asset sale opportunity to pump stimulus money into economies around the world that have been ravaged by the Covid-19 pandemic.
- Massive, multiple trillion-dollar foundations are functioning on behalf of their various governments as the “Buyers” of eligible historical assets.
- On behalf of the foundation Buyers, tier-1 trade groups who receive financial backing from these large foundations in their normal business activities, are stepping forward to facilitate the in-take of historical asset portfolios.
- To achieve the purpose for which the asset sale opportunity was created, Buyers are making attractive price offers in their purchase contracts.
As an intermediary, if you are in contact with owners of historical assets who want to sell such assets, you will be doing owners a service by letting them know about this asset sale opportunity.
If you own (or have access to) significant amounts of historical assets, we welcome the opportunity to assist you by presenting these assets directly to one of our purchase channels functioning on behalf of the Buyers.
Which assets will Buyers most highly prioritize?
Our information is that there is not a predetermined order in which assets will be purchased (at least not one that is published). Assets are currently being purchased and, for the sake of acquisition efficiency, the emphasis is on closing the larger portfolios of approved asset types. It is also our understanding that the type-of-asset selection decision may not be the same for each of the various purchasing foundations. Asset selection decisions are highly fluid and influenced by which asset types are actually available in quantity in strategic locations around the world.
ASSET BUYER
Who is the private Buyer?
The Buyer will be one of several massive foundations who have been approved by their respective governments and by highest levels of world banking for a period of time to leverage historical assets. Major tier-1 trade groups are facilitating these asset sale transactions on the front end, but the private Buyers are actually the large foundations—and they are purchasing in cooperation with and on behalf of their respective governments.
Why are these foundations acquiring historical assets at this time?
It is our understanding that these large foundations have received special approval to leverage historical assets so they can continue and expand their normal and beneficial foundation activities and facilitate money flow into world economies during this time of economic disruption due to the Covid-19 pandemic.
Is this asset sale opportunity associated with the Redemption?
The historical asset purchase opportunity typically is not part of any redemption program. The sale/purchase transaction will be between two private parties. HOWEVER, for those who seek specifically to apply to the redemption program, SRM Services can assist you. See comments on the Redemption Program here.
Is there a minimum amount of assets that must be sold?
The Buyers have been requiring at least 1000 or more bonds for most asset types still being accepted. Currently, they are contracting larger portfolios (because they are available) and the time- and cost-efficiencies of buying larger portfolios is a logistical necessity when dealing with huge volumes in the limited time the Buyers will be sanctioned to make these purchases.
Will a smaller portfolio of historical assets be purchased?
Since there are several different foundation Buyers participating in this asset sale opportunity, it IS possible for a smaller package to be contracted if the value of the asset(s) is considered extraordinarily high.
What is SRM's role with and position to the Buyer?
SRM's role is to determine market viability for asset owners, evaluate potential asset submissions from sellers, make sure those submissions comply with Buyer's requirements, and then to send them directly to the specific buyer entity identified as being receptive to the sellers offering. SRM Services does not “shop” client packages. SRM Services is not a party to any transaction nor does it perform any negotiations on behalf of its clients. Send requests for further information here.
Who is the private Buyer?
The Buyer will be one of several massive foundations who have been approved by their respective governments and by highest levels of world banking for a period of time to leverage historical assets. Major tier-1 trade groups are facilitating these asset sale transactions on the front end, but the private Buyers are actually the large foundations—and they are purchasing in cooperation with and on behalf of their respective governments.
Why are these foundations acquiring historical assets at this time?
It is our understanding that these large foundations have received special approval to leverage historical assets so they can continue and expand their normal and beneficial foundation activities and facilitate money flow into world economies during this time of economic disruption due to the Covid-19 pandemic.
Is this asset sale opportunity associated with the Redemption?
The historical asset purchase opportunity typically is not part of any redemption program. The sale/purchase transaction will be between two private parties. HOWEVER, for those who seek specifically to apply to the redemption program, SRM Services can assist you. See comments on the Redemption Program here.
Is there a minimum amount of assets that must be sold?
The Buyers have been requiring at least 1000 or more bonds for most asset types still being accepted. Currently, they are contracting larger portfolios (because they are available) and the time- and cost-efficiencies of buying larger portfolios is a logistical necessity when dealing with huge volumes in the limited time the Buyers will be sanctioned to make these purchases.
Will a smaller portfolio of historical assets be purchased?
Since there are several different foundation Buyers participating in this asset sale opportunity, it IS possible for a smaller package to be contracted if the value of the asset(s) is considered extraordinarily high.
What is SRM's role with and position to the Buyer?
SRM's role is to determine market viability for asset owners, evaluate potential asset submissions from sellers, make sure those submissions comply with Buyer's requirements, and then to send them directly to the specific buyer entity identified as being receptive to the sellers offering. SRM Services does not “shop” client packages. SRM Services is not a party to any transaction nor does it perform any negotiations on behalf of its clients. Send requests for further information here.
PRICE
Is there a price list available for the various assets being purchased?
No. All legitimate buyers will only discuss actual price and terms directly with the seller. However, when we ascertain there is a market for the subject asset, or upon submission, sometimes we are given the estimated price range to share with the seller.
Will a good price be offered to me?
The Buyers seem to be offering both reasonable and attractive prices. The only “unofficial” pricing information we have learned about is the approximate prices that were offered in contracts that have been recently issued (but which are in no way guaranteed to future sellers). By way of example: the previous approximate price on a lot of 1924 German bonds was $100M per bond. For seller submitting Super Petchili bonds, we have been told that the price will range from $30-50M per bond. Our understanding is that these are “net” payout amounts to the seller. NOTE: Price volatility is rampant.
When and how will Buyers determine the price that will be offered?
When buyers decide to offer a contract on a package of bonds, they consider several factors to determine the price they will offer, including, but not limited to size of package, location of bonds and, if available in a box, whether the box is still sealed or has been opened. All of the official offer prices and terms are presented in the purchase contract when it is issued.
Is there a price list available for the various assets being purchased?
No. All legitimate buyers will only discuss actual price and terms directly with the seller. However, when we ascertain there is a market for the subject asset, or upon submission, sometimes we are given the estimated price range to share with the seller.
Will a good price be offered to me?
The Buyers seem to be offering both reasonable and attractive prices. The only “unofficial” pricing information we have learned about is the approximate prices that were offered in contracts that have been recently issued (but which are in no way guaranteed to future sellers). By way of example: the previous approximate price on a lot of 1924 German bonds was $100M per bond. For seller submitting Super Petchili bonds, we have been told that the price will range from $30-50M per bond. Our understanding is that these are “net” payout amounts to the seller. NOTE: Price volatility is rampant.
When and how will Buyers determine the price that will be offered?
When buyers decide to offer a contract on a package of bonds, they consider several factors to determine the price they will offer, including, but not limited to size of package, location of bonds and, if available in a box, whether the box is still sealed or has been opened. All of the official offer prices and terms are presented in the purchase contract when it is issued.
TIMING & PAYMENT
How quickly will I receive a contract and be able to close?
There is no stipulated timing of contract and closing. In the interest of full transparency, many sellers, especially of smaller quantity submissions, have experienced long delays. Our considered advice is that exercising patience, while frustrating, still affords the opportunity to participate in a significant wealth-building event.
How does the Buyer pay the Seller?
The full purchase price amount is set aside by the Buyers prior to issuance of a contract. The purchase price is usually then paid out in structured payments in a very short period of time.
Is any information available about the paying bank?
No, not at this time. Prior to a contract being issued, it is not even possible to know which of the several buying foundations will actually contract to make the purchase. That said, the transaction banks will be capable of billion-dollar transactions and approved by the purchasing foundations' respective governments and the highest levels of world banking.
How quickly will I receive a contract and be able to close?
There is no stipulated timing of contract and closing. In the interest of full transparency, many sellers, especially of smaller quantity submissions, have experienced long delays. Our considered advice is that exercising patience, while frustrating, still affords the opportunity to participate in a significant wealth-building event.
How does the Buyer pay the Seller?
The full purchase price amount is set aside by the Buyers prior to issuance of a contract. The purchase price is usually then paid out in structured payments in a very short period of time.
Is any information available about the paying bank?
No, not at this time. Prior to a contract being issued, it is not even possible to know which of the several buying foundations will actually contract to make the purchase. That said, the transaction banks will be capable of billion-dollar transactions and approved by the purchasing foundations' respective governments and the highest levels of world banking.
COMMISSIONS
Are commissions available and who pays them?
SRM Services’ buying sources have told us that the commission will be:
What is the commission percentage?
The total commission typically being paid by the Buyers is 10%. Rather than the normal division of the total commission into 50% for program-side consultants and 50% for client-side consultants, the entire 10% commission will be split equally between all working consultants. There are 5 consultants on the program-side. At the appropriate time, each consultant will be asked to submit a designated CIS document that includes the paymaster to which their portion of the commission will be delivered by the Buyer's paymaster. This is the best information available to SRM Services at this time. There may be exceptions at some point.
How will the genealogy process work?
We have been told that when the intake officer has been notified that a contract is being issued to a seller, he will collect the necessary information on each involved intermediary for submission to the Buyers. In the meantime, SRM Services will make every effort to collect genealogy information from every party associated with the submission, so it is ready to present at the time it is requested.
Are commissions available and who pays them?
SRM Services’ buying sources have told us that the commission will be:
- Generous (especially considering the transaction size amount).
- Divided equally between all parties on the genealogy.
- Paid directly by the Buyer.
What is the commission percentage?
The total commission typically being paid by the Buyers is 10%. Rather than the normal division of the total commission into 50% for program-side consultants and 50% for client-side consultants, the entire 10% commission will be split equally between all working consultants. There are 5 consultants on the program-side. At the appropriate time, each consultant will be asked to submit a designated CIS document that includes the paymaster to which their portion of the commission will be delivered by the Buyer's paymaster. This is the best information available to SRM Services at this time. There may be exceptions at some point.
How will the genealogy process work?
We have been told that when the intake officer has been notified that a contract is being issued to a seller, he will collect the necessary information on each involved intermediary for submission to the Buyers. In the meantime, SRM Services will make every effort to collect genealogy information from every party associated with the submission, so it is ready to present at the time it is requested.
PROCEDURES
Is it possible for me to play a role in establishing transaction procedures?
Negotiation on the Buyers' established procedures is not allowed. The foundations purchasing the assets have a set procedure and transactional process they must follow. The volume of submissions and the pace of buying do not allow for negotiating changes requested by individual sellers. If a seller thinks it is absolutely necessary to try to negotiate a change in transaction procedures, the earliest in the process that this could happen would be AFTER the Buyer decides to issue a purchase contract to the seller and the Buyer and seller are in direct contact with each other.
What if I do not like the Buyer’s procedures, offer price or contract terms?
If the Buyer's procedures, offer price or contract terms are not acceptable, then you can decide to not participate in this opportunity and to wait until you find another sale opportunity more acceptable to you. However, if you want to take advantage of the rare opportunity available at this time to sell to a credible Buyer who has been approved at the highest governmental levels and who has already begun paying reasonable and good prices for the assets, you will need to follow the Buyer’s procedures to first find out if they will issue you a contract. Whatever you decide, we wish you the best.
Is it possible for me to deviate in any way from the Buyers’ established purchase process?
Deviation is unacceptable. We have received many requests from potential sellers that they be exempted from the Buyer’s requirement to submit a Know Your Client (KYC) document and/or to proceed directly to closing at a TableTop Meeting (TTM) where they would meet with Buyers, negotiate, and provide documentation and bonds. Frequently, sellers have asked for POF and/or LOIs from the buyer. Legitimate Buyers have never once deviated from their established procedures, even for a seller who had thousands of boxes of an eligible asset.
Is it possible for me to play a role in establishing transaction procedures?
Negotiation on the Buyers' established procedures is not allowed. The foundations purchasing the assets have a set procedure and transactional process they must follow. The volume of submissions and the pace of buying do not allow for negotiating changes requested by individual sellers. If a seller thinks it is absolutely necessary to try to negotiate a change in transaction procedures, the earliest in the process that this could happen would be AFTER the Buyer decides to issue a purchase contract to the seller and the Buyer and seller are in direct contact with each other.
What if I do not like the Buyer’s procedures, offer price or contract terms?
If the Buyer's procedures, offer price or contract terms are not acceptable, then you can decide to not participate in this opportunity and to wait until you find another sale opportunity more acceptable to you. However, if you want to take advantage of the rare opportunity available at this time to sell to a credible Buyer who has been approved at the highest governmental levels and who has already begun paying reasonable and good prices for the assets, you will need to follow the Buyer’s procedures to first find out if they will issue you a contract. Whatever you decide, we wish you the best.
Is it possible for me to deviate in any way from the Buyers’ established purchase process?
Deviation is unacceptable. We have received many requests from potential sellers that they be exempted from the Buyer’s requirement to submit a Know Your Client (KYC) document and/or to proceed directly to closing at a TableTop Meeting (TTM) where they would meet with Buyers, negotiate, and provide documentation and bonds. Frequently, sellers have asked for POF and/or LOIs from the buyer. Legitimate Buyers have never once deviated from their established procedures, even for a seller who had thousands of boxes of an eligible asset.
In summary, the procedures Buyers have established are:
- Seller offers assets for sale using the Buyer-specified KYC document.
- Buyer does due diligence on the seller and validates serial numbers of the assets.
- Seller provides verifiable Proof of Life ownership of assets.
- Buyer attorneys issue a contract specifying price and terms for the transaction.
- Seller signs the contract.
- Buyer puts purchase funds as agreed to, into the Seller's escrow bank account, in the Seller's name and under the Seller's nominal control.
- Full payment for assets is made per the terms of the contract.
THE REQUIRED KYC DOCUMENT
Can I go direct to a TableTop Meeting (TTM) and skip the KYC?
No. See the complete answer in the previous section.
Can I use my own KYC?
Unfortunately, “No.” The only KYC that will be accepted is the KYC draft the Buyers have specifically designated for submissions for this asset sale opportunity. If you are reluctant to complete another KYC due to the "false promises" or "fake programs" that keep showing up on the internet, I urge you to reconsider the answer to the first question on this FAQ page. To receive the most current version of the only approved KYC for this historical asset purchase opportunity, send us an email.
Do I have to include serial numbers in my submission package?
Yes. Serial numbers of assets may be included in the KYC if seller prefers, but Buyers have specified that those serial numbers must be included in a separate Excel Workbook file (.xlxs or .xls file format) that accompanies the KYC. (Excel PDF files are not acceptable.)
Why is the KYC with attached serial numbers for the assets so critical?
The KYC gives the Buyers the information they need to approve the seller. The serial numbers enable the Buyers to do some pre-approval of assets, to have their attorneys draft the purchase contract (for the assets specified by the serial numbers), and to set aside the appropriate amount of funds for the closing event when a contract is signed.
What if I don't want to include serial numbers for all of my assets on my first KYC?
You only need to list serial numbers for the actual assets you want to sell at the TTM. You should list a sufficient number of serial numbers to demonstrate to the Buyers that your portfolio is large enough to entice them to issue you a contract and to schedule a TTM trip to where your bonds are located. You will not be allowed to sell more bonds at the TTM than the ones you specified by serial number in your KYC. After the TTM, you may be allowed to submit another KYC for additional bonds (of the same or different type) but, if this is allowed, then the Buyers will have to go home and do their pre-evaluation work again, have their attorneys issue another contract, set aside new funds for a 2nd closing and re-schedule another TTM for you. Keep in mind that the Buyers are focused on buying as much as they can in the most time- and cost-efficient manner. Your primary focus should be on actually getting an opportunity to have a TTM—and that is influenced greatly by the size of your initial submission.
Can I start with a small "test" submission to build my confidence in the Buyer?
While theoretically possible, a selling strategy of starting with a small “test” transaction (even though the seller owns a much larger quantity of a bond), is at best impractical and will most likely result in the bond owner losing the opportunity to sell any of his bonds. Why? Because this approach does not accommodate the Buyers’ objectives and procedures, which are to:
The seller does not have to offer all of his bonds in their first submission package. However, if the quantity of bonds submitted for the first TTM does not impress the Buyers, it is possible that the Seller’s opportunity to receive a contract and conclude the sale at a TTM will never materialize because the Buyers will continually be putting larger asset portfolios ahead of the seller’s smaller package. Sellers should always try their best to make sure there are enough bonds included in their first submission to attract the attention of the Buyers.
Can I go direct to a TableTop Meeting (TTM) and skip the KYC?
No. See the complete answer in the previous section.
Can I use my own KYC?
Unfortunately, “No.” The only KYC that will be accepted is the KYC draft the Buyers have specifically designated for submissions for this asset sale opportunity. If you are reluctant to complete another KYC due to the "false promises" or "fake programs" that keep showing up on the internet, I urge you to reconsider the answer to the first question on this FAQ page. To receive the most current version of the only approved KYC for this historical asset purchase opportunity, send us an email.
Do I have to include serial numbers in my submission package?
Yes. Serial numbers of assets may be included in the KYC if seller prefers, but Buyers have specified that those serial numbers must be included in a separate Excel Workbook file (.xlxs or .xls file format) that accompanies the KYC. (Excel PDF files are not acceptable.)
Why is the KYC with attached serial numbers for the assets so critical?
The KYC gives the Buyers the information they need to approve the seller. The serial numbers enable the Buyers to do some pre-approval of assets, to have their attorneys draft the purchase contract (for the assets specified by the serial numbers), and to set aside the appropriate amount of funds for the closing event when a contract is signed.
What if I don't want to include serial numbers for all of my assets on my first KYC?
You only need to list serial numbers for the actual assets you want to sell at the TTM. You should list a sufficient number of serial numbers to demonstrate to the Buyers that your portfolio is large enough to entice them to issue you a contract and to schedule a TTM trip to where your bonds are located. You will not be allowed to sell more bonds at the TTM than the ones you specified by serial number in your KYC. After the TTM, you may be allowed to submit another KYC for additional bonds (of the same or different type) but, if this is allowed, then the Buyers will have to go home and do their pre-evaluation work again, have their attorneys issue another contract, set aside new funds for a 2nd closing and re-schedule another TTM for you. Keep in mind that the Buyers are focused on buying as much as they can in the most time- and cost-efficient manner. Your primary focus should be on actually getting an opportunity to have a TTM—and that is influenced greatly by the size of your initial submission.
Can I start with a small "test" submission to build my confidence in the Buyer?
While theoretically possible, a selling strategy of starting with a small “test” transaction (even though the seller owns a much larger quantity of a bond), is at best impractical and will most likely result in the bond owner losing the opportunity to sell any of his bonds. Why? Because this approach does not accommodate the Buyers’ objectives and procedures, which are to:
- Purchase as many bonds as possible in the most time and cost-efficient manner.
- Perform advance bond validation and legal contract work only on the bonds actually submitted.
- Determine which packages go to contract based on the number of bonds to be closed at TTM.
- Avoid doing multiple bond validations, contract legal work and TTM trips to purchase from a seller.
The seller does not have to offer all of his bonds in their first submission package. However, if the quantity of bonds submitted for the first TTM does not impress the Buyers, it is possible that the Seller’s opportunity to receive a contract and conclude the sale at a TTM will never materialize because the Buyers will continually be putting larger asset portfolios ahead of the seller’s smaller package. Sellers should always try their best to make sure there are enough bonds included in their first submission to attract the attention of the Buyers.
DOCUMENT REQUEST
Request the buyer-approved KYC document by clicking here.
This opportunity is time-sensitive. Take action to sell your historical assets before this opportunity expires.
Request the buyer-approved KYC document by clicking here.
This opportunity is time-sensitive. Take action to sell your historical assets before this opportunity expires.
COPYRIGHT 2023. All rights reserved. SRM SERVICES LTD
Registered Business Address: 25 First Avenue SW, Suite A, Watertown, SD 57201
Mailing Address: 3210 Chestnut Glen Ln, Colorado Springs, CO 80918
Privacy Notice
Registered Business Address: 25 First Avenue SW, Suite A, Watertown, SD 57201
Mailing Address: 3210 Chestnut Glen Ln, Colorado Springs, CO 80918
Privacy Notice