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on May 17, 2007 | hide | past | favorite



News.YC really isn't the place for you to make false & libelous attacks against my business practices and my company. I wish you would've brought your concerns directly to my attention first, and I would've been glad to address them.

If you believe the company is operating illegally, then you should've brought my business practices to the attention of the government agency with which the company is registered. Specifically, you can contact Sarah Weeks. She's the IRS Bank Secrecy Act Revenue Agent in our area. I work with her extensively, to make sure our company is in compliance with all applicable regulations.

Her contact information is:

Sarah Weeks, Internal Revenue Service, 400 North Street, Room 948(MD#65), Richmond VA 23219

Office Ph. 804.916.8056

Again, this isn't the place to have this discussion, but you've made public, false accusations. I'm forced to respond:

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Sam claims they have a very rigorous "authentication process". Right. He sits in his dorm counting...

Actually, if you took some time to research me, you'd realize I don't live in a dorm room. Here are some pictures of where I work: http://bluwiki.com/go/Image:9_office.jpg http://bluwiki.com/go/Image:10_office.jpg

If you took the time to look through our website, you would've also found our counterfeit detection process, described here: www.dinarprofits.com/authentic-security-features.php . As shown on that page, we've invested in several thousand dollars worth of equipment in order to verify the authenticity of the currency we sell.

how many suckers he can find.

Please don't call my customers "suckers." If you're suggesting I rip them off - ask them, you can check my company's record at the BBB. My customers tell me it's stellar.

Hmm 5 Million dinars are a lot cheaper at http://www.gidassociates.com

Yes, prices do vary in this market (as in every market). However many customers are happy doing business with us, and feel we're more reliable. We've been in business selling dinars longer than just about every one of our competitors (including GIDAssociates, according to the date on their treasury registration).

You're right though, we are more expensive. I'll try to find some ways to cut costs without sacrificing service (which is our differentiating feature). Hopefully, I can bring my prices down so that they're more competitive with GIDAssociates.

Furthermore, Sam actually ships the Dinar's too you. That's really shady.

The dinar is such a new currency, it is not traded on the Foreign Currency Exchange market. This is why you can't get it at traditional currency exchange locations, or trade it electronically. Our whole business model (just like those of our competitors) is filling this gap - and providing early investors access to this currency when they can't get it elsewhere.

"Bookmark this page, otherwise you will not be able to return to these prices at a later time."

Because the Iraqi dinar exchange rate changes, our prices are forced to change as well.

We've had customers complain that they visit the site one day, and when they come back the next - the price is different. To solve this problem, each time you visit the store on the website, you're given a unique URL and a static price. If you return to the same URL, you'll be able to purchase at the previously quoted prices.

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Sam Odio is a good guy on this web site. He encourages people. I like him.

(Sam, Why sell Iraqi Dinars, of all things? Come and sell juwo for me - you'll make more money that way).


Sam: There's a lot of haters at the top huh?




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