Transcript_-_45_minute_audio.docx

44 Minute Audio Transcript This conversation is between Vic Beck and Gaivin, who could to have been mentored by Bill. It has tons of valuable information in it. Print it out and make notes on it. Listen to this over and over. Note: This transcript is/are not the EXACT words spoken by the callers….an...

44 Minute Audio Transcript This conversation is between Vic Beck and Gaivin, who could to have been mentored by Bill. It has tons of valuable information in it. Print it out and make notes on it. Listen to this over and over. Note: This transcript is/are not the EXACT words spoken by the callers….and when you see (……), this is a reference to words (at times intelligible) that were not captured by this transcript writer. Gentleman # 1: Because we had the Bible to check it against, we were able to figure it out. There are people who’ve had this information and moved on because they simply can’t understand, especially the proxies. If we didn’t talk to you, it would take about 5 years to figure out how to rig up to reclaim it and come to understand the proxies just by reading the posts, if we didn’t talk to you (referring to Adam) because the posts don’t ever come out and say it directly. Once you hit 25 years old they file abandonment papers, they probate you again! And you cannot reclaim that account yourself, you have to do it through a proxy. Just to understand the parties and to put the security agreement together if you don’t understand the bible and a good amount of commerce. (Reference to Winston Shrout). I know for a fact this is the answer there is no other answer, this lines up perfect with everything that has ever happened...If we would have had this piece a long time ago, we’d have been out and gone…. and if you want to have a good passport that will take you anywhere Gentlemen # 2: 3:00 (talks about an experience a friend of his had in court) He approached the provincial prosecutor and showed him the BC and said, “I’m not presenting this as evidence of my identity but evidence of my interest and I’m here to present my interest for the settlement of any and all charges.” The prosecutor said OK and went and talked to the judge and came back and that was the end of the case, it was over. Gentleman # 1: that’s pretty close…. Gentleman # 2: just to be clear is that what we’re discussing? What I perceive he did there was a verbal endorsement. Gentleman # 1: ok but that’s what it was an endorsement not an Indorsement….. He didn’t get a check, did he? Gentleman # 2: no, no, no…...is this the perspective we’re coming from here? Gentleman # 1: that’s pretty close, that’s about a quarter of the remedy. It is the right path, but he didn’t see the complete deal. Now, I trust you NOT TO OPEN YOUR MOUTH TO A SOUL so, I’m going to explain this to you again…… Whoever is in possession of that security is trustee and liable for that debt. Gentleman # 2: are you talking statement of birth or birth certificate? Gentleman # 1: registration of Live birth is the original security that was issued. The birth certificate. Once that registration of live birth was placed in trust and why is it in trust because it’s exactly why you’ve been talking about HJR 192 and order and counsel 664. With that, the system changed, everything was based on equal exchange of paper. Your mother placed that security in trust and didn’t get equal value in exchange, there was a debt created on the books. That is what is being held in trust. They acknowledged receipt of that, and they acknowledged the debt when they issued the certificate. If you read Article 8 & 9 (UCC) you’ll see that the BC is a registered certificated security. Whoever is identified on the certificate that was returned is the entitlement holder of that account Gentleman # 2: that brings one into securities-entitlement, right? Gentleman # 1: that’s right, but what are you entitled to? Gentleman # 2: good question, then I go down to the part where it says “the person is to be treated as holding a financial asset directly, rather than having a security entitlement. With respect to the financial asset if a securities intermediary holds that financial asset for that person or the financial asset has not been indorsed to the securities intermediary or in blank” is that what we’re talking about here? Gentleman # 1: that’s exactly what we’re talking about Gentleman # 2: whoo hoo! Gentleman # 1: 7:40 but you can’t make the connection. I’ll interpret it for you. That guy (Registrar/SOT) is a custodian only of that security, because you had an obligation once you got the certificate to indorse it and return it so that he could become a securities intermediary and act on your behalf. Gentleman # 2: exactly Gentleman # 1: Being as you’re holding that certificate; you are the administration. So, you didn’t return it, they had no choice but to create an office for you so you could administrate you own securities account, but even then, the people don’t have a clue about commerce, administration, trusts, nothing. So, they were forced, ok the office is there and if you guys are so pathetic that you can’t administrate it, we’ll do it for you, but its gonna cost. The minute you indorse the certificate, it’s just like a stock certificate, you bought stock in a bank, you indorse it and hand it back to the guy in the bank, he can be a proxy for you and vote and administrate that thing for your benefit, not for his Gentleman # 2: yes, that’s right, so like a securities intermediary then. Gentleman # 1: they’re all securities intermediaries. What does Canada administrate? Gentleman # 2: securities Gentleman # 1: what else? Gentleman # 2: people Gentleman # 1: NO, no, they cannot see a live man, there’s no substance. Gentleman # 2: I get that Gentleman # 1: every second you try to fit the live man into the system is a waste of time. Gentleman # 2: yea you made that first on our first call Gentleman # 1: there can be no substance in that system. There’s none, its form only. That’s why it says, you said the financial asset and when you click on that in UCC is says a security. Canada is a corporation registered in Washington D.C. on the SEC EDGAR system they are registered and authorized to administrate securities. Right off the hook it’s the President of the U.S. addressing Canada hereinafter as a foreign qualified intermediary. All the acts and statutes have nothing to do with you unless you’re holding that certificate and you’re trying to administrate. Gentleman # 2: yes Gentleman # 1: 11:20 so the minute the certificate is properly indorsed on its face, and returned to the custodian of the original security now he becomes a securities-intermediary and all claims are barred against that account Gentleman # 2: yes Gentleman # 1: except for your claim Gentleman # 2: yes Gentleman # 1: Now if you got control of that security when (John) was writing checks and issuing bonds, there’s absolutely nothing wrong with that if you can authorize them to draw on an account can you not draw on it yourself? Gentleman # 2: you betcha. Gentleman # 1: so, the minute that the record is corrected in their system, because all they can see is form and the good thing about this is we don’t have to dream up paperwork. All the paperwork is in their system, the whole system is set up for the beneficiary. All they did is assume and presume that you abandon that and they’re the beneficiary. Gentleman # 2: yes Gentleman # 1: I’m going to explain a court case to you. Whether it’s any government agent, cop, anybody. The minute they make a claim on that security, first they strip your title by asking “who are you” so they have access, you identify the account, bond number and every one of them claims they make they make them privately. They’re underwriting that claim with their own securities. Gentleman # 2: gotcha Gentleman # 1: He draws up a claim against that security, then he takes it to a proxy and deposits it with the court. The minute the judge accepts that claim into his court, he gives it a file number, an account number, and deposits it. Then they put securities futures on that, what was drawn up. Gentleman # 2: right Instructor: what they did was get your checkbook, drew up a check, signed it in your place, and now they issue a warrant, a summons which is nothing more than to get your consent to the whole deal. They need a banker’s acceptance. Gentleman # 2: right Gentleman # 1: and any kind of appearance is a banker’s acceptance on what they’ve drawn. Gentleman # 2: yes, I deduced that Gentleman # 1: ok so the minute that judge accepted that into his court he just became in breach of trust, securities fraud, and tax evasion because they never, ever fill out the tax form claiming that as abandoned property and paying the capital gains on it. Never. So, you can see why, if you go to court or they drag you in and you say “that’s not me and kiss my ass” they have instant panic. Not only are you holding up that one, but you’re holding up the whole bundle of mortgages for the last calendar of 90 days. So, when we went and liened 1 court case we leined up the whole bundle for his calendar. Gentleman # 2: gotcha Gentleman # 1: They work on a 90-day rotation that’s why it’s so important for him to set his calendar with the clerk, what he’s asking her is: when is this batch of mortgages mature and the cutoff date so we can get into the next one. We don’t want to schedule a court case court date when it gets close the cutoff. Gentleman # 2: why is that? Gentleman # 1: 15:53 well because there’s a cutoff date for this 90-days of Bonds, mortgages that we took in and we don’t want to cloud it up right on the deadline, so that’s why they’ll put court cases off sometimes 2-3 weeks and the court is overloaded for a few weeks when they get the next batch of bundles Gentleman # 2: gotcha Gentleman # 1: your first mistake is walking in there, that’s considered an appearance. I don’t’ care what you say “I’m here on special appearance or “I’m agent for…” they don’t care. There are 3 types of appearance and every one of them constitutes a banker’s acceptance. Gentleman # 2: right Gentleman # 1: ok so once you get the paperwork done and your status corrected at the master file at CRA you can no longer appear in on of those courts because it constitutes breach of trust, treason, securities fraud on their part. The minute you’re under arrest there’s no question who you are. You’re the beneficiary. There’s a guy sitting in jail for tax evasion and on his committal paper it said no early release cuz you normally serve 2/3’s. But they wanted to make an example out of him. In the jail they have the judge on the TV screen and the prosecutor both and they hold court, a pretrial hearing. All the guy said to the judge Guy: “can I have your name for the record” Judge: absolutely (and spelled her name) Guy: and I’m in your custody Judge: yes of course: (meanwhile the judge and the prosecutor went on talking trying to come up with a court date for the guy) Judge (an hour later) well if it’s alright with you Mr. so and so we’d like to schedule your hearing for such and such a date. Is that ok with you? Guy: well, no I’m in jail so I can’t make it. So, judge you said your name is such and such Judge: yes Guy: and you said I’m in your custody? Judge: yes of course Guy: well, that would make me the beneficiary and you the trustee. I have all my bills at the courthouse waiting to get paid. Judge: (bang hands up the phone) Gentleman # 1: at 8 o’clock the guard knocks on his door and they kick him out to the street, and he gets home, and his mortgage was paid up. Figure that one out. Gentleman # 2: beautiful Gentleman # 1: and then the dumb sob shows up in court a month later on the charge they were talking about while he was in jail Judge: well, for the purposes of this hearing then I have no other choice than to presume you are the trustee. Gentleman # 1: the next day the sheriff came to foreclose on the house. That guy didn’t have 1 shred of paperwork, he just went in and made the claim. He didn’t know anything about securities or anything. Gentleman # 2: we didn’t either, we just gave it a shot and it ended the matter… Gentleman # 1: 21:30 every time because you’re the holder of that … anytime you go in to buy anything, get a loan at the bank, purchase a car, purchase anything, all you’re doing is doing and saying exactly what that guy said in court but you’re signing a security agreement allowing them to attach to a portion of the value of the original pledge. Gentleman # 2: right. Gentleman # 1: ok so if you indorse that thing on its, face and return it to the custodian so he can become the securities intermediary, you keep reading in that Article 8 of the UCC. That securities intermediary is obligated to protect that account and from all claims Gentleman # 2: yea I read that Gentleman # 1: and if you actually reclaim it properly, you can do it right back to your 18th birthday, some people made a mistake and reclaimed it as of today and they can’t go back and fill out all the tax forms like a 1099 A’s and claim all the claims made against that estate. Gentleman # 2: 22:45 right Gentleman # 1: Ok I asked you a question. The entitlement, what are you entitled to? What does that account entitle you to? Gentleman # 2: I believe its rights and property interest. Gentleman # 1: the only property in that entire system is that security. They can’t recognize land, goods, men, cars, trucks, flesh. They cannot recognize any substance in that system. That’s why it’s all done on title. Gentleman # 2: right Gentleman # 1: the only property you can reclaim in this system is that securities account. Everything that you have, was generated and derived from that. So, they can’t recognize real property, but what you’re entitled to the entitlement to that account is you’re entitled to the debt side of the ledger. Every time any instrument was drawn on that estate, they created credit and brought it into the system, but because you’re dealing with even exchange and double entry bookkeeping, every time 100k of credit is drawn on a charging instrument, there’s an equal amount of debt that results as an operation of law. At the end of the business day all accounts have to be 0. So, every time they draw on that thing, they’re bringing new credit in, that’s there, but there’s an equal amount of debt with interest that results from that. And people never figure it out because they’ve been trained to avoid debt. I don’t want debt. Gentleman # 1: 25:10 everything you’ve bought and paid for in your life it was debt, wasn’t it? Gentleman # 2: Yes Gentleman # : Isn’t a check a debt instrument, rolling tender? Gentleman # 2: yes Gentleman # 1: the administration, it was credit extended to the administration, where did it come from? You. So, if there’s a national debt who is it owed to? Gentleman # 2: me, the people Gentleman # 1: that’s right. And all the paperwork is there, you don’t have to invent anything, when you see it, you’ll see the IRS is your friend, they are the top of the totem pole. Gentleman # 2: yea Gentleman # 1: the minute your status is corrected in their master file, and you start filling out those forms to claim everything right back to your 18th birthday. And all you’re doing is reclaiming the debt and the interest that’s being held in escrow for you, the heir, if he ever repents and returns. Gentleman # 2: yes. I do have a question. You talked about changing your status with CRA (IRS) and I’m looking at the application for the SS card and one of them is change of status. Chances are that I checked off that I’m a Canadian citizen. That’s what I did. Dealing with change of status, there’s five options there……...is this what you’re talking about concerning change of status? Gentleman # 1: no, no that’s not the form we’re talking about. To start with, when they cloned your estate, they cloned the provinces, the estate, they churches, and they cloned everything. And when they did that, they showed you the remedy. You have to have a proxy that is recognized in their system now, to go back and reclaim that account, now think about that. If you sit down at a bank the first thing you do is make out an application. Every time, you have to apply. What they’re saying is if you’re incompetent and can’t administrate first we have to get you to identify the account so we need your birthday so they can tap that security and they need a blank or general indorsement on that application to give them POA to administrate. Right? Gentleman # 2: yea Gentleman # 1: 29:00 and once they do that, they put a security agreement in front of you and you sign it assigning an interest in that account to them, don’t you? Gentleman # 2: yea Gentleman # 1: you can type into your computer “security agreement” and a million types of them will come up depending on the application. Security agreements to buy a car or house. The GSA forms, once you understand this, the form 90 when filled out properly releases the dirt, that’s you, and the 91 releases the security. But that’s not what we’re dealing with either. You can use those forms to get out of court or out of jail, but what we’re doing is going back and correcting the record, so we don’t have to mess with all the courts and all that stuff. The minute your status is changed in the master file at Revenue Canada (IRS), all claims are barred, so it’s goodbye judiciary, goodbye bankers, goodbye everybody because none of them being, trustees can have a claim against you Gentleman # 2: ok Gentleman # 1: if they did, they’d be admitting they’re a trustee administrating your estate for their own benefit. That can’t happen. Gentleman # 2: 30:35 yes ok Gentleman # 1: so, a form T-1013 (Form 56) has a lot more to do with it than anything. You just take the original trust back to when you pledged the security and they acknowledged receipt of that security with a certificate (BC), but there was no will with it, so it was an implied (resulting) trust, and everything had to be assumed and presumed. So, when you go back and correct the record what you’re doing is saying “No I didn’t abandon those. And now we’re expressing the trust on paper. Gentleman #2: makes perfect sense Gentleman # 1: it’s no longer implied (resulting) assumed and presumed and they KNOW IT! They have to follow the UCC and the PPSA. When the Heir finally comes back from being lost at sea, he says “I’m not the government, you are now administrating this, and this is how you’re going to administrate it.” “From this day forward all bills coming to that estate will be indorsed properly and sent to you for zeroing of accounts” and the only way they can zero the account is to issue a check for the debt. Gentleman # 2: and they issue the check? Gentleman # 1: 32:00 well they have to. If somebody draws on that account, the minute they got the credit, so the system gets the credit, then there’s an automatic resulting debt that has to come back to you in order to zero the account, that’s why it’s all piled up in escrow(CAFR Accounts). (Note: forgiveness of sins or grace) Gentleman # 1: And you don’t have to invent the paperwork, the paperwork is all in the system to reclaim it. But you have to correct the record in the master file and have a recognizable account for them to send it to. Gentleman # 2: right Gentleman # 1: a map is very complicated because we’ve been looking at every other thing on the planet. It is really simple in the end when you see the answer, but until somebody walks you through it, you’ll spend the next 10 years going nuts trying to set up a proxy that they don’t have their hooks in. Gentleman # 2: can you explain the proxy thing to me?..... Gentleman # 1: ok, when the people started filing the UCC and thought it was a lien, the UCC/PPSA is not a lien. Its notice of a lien. So, if they ever call you on your B.S. lien notice and say “ok where is the security agreement that generated this lien? Can you produce one?” Gentleman # 2: I guess you better Gentleman # 1: Well, the banker gets you to sign as the debtor on the security agreement, and they can produce a security agreement backing their lien. Gentleman # 2: yea, that’s right. You need to have it I get that. I’m aware of that. Gentleman # 1: ok so sit down and check, there’s 6 parties on the security agreement and there can only be 2 on there. When people file the PPSA(UCC), they’re trying to tell the public that this live man has an interest in this dead fiction. You’re trying to bring substance into form. When you do that, the name is the same, it just collapses and reverts back to the original trust. Instructor: so, all the UCC’s which were not liens they were notice of a lien. What lien? Gentleman # 2: yea Gentleman # 1: so, every minute you spend trying to bring the live man into the system is a waste of time. They can only recognize persons. So, you need to rig up a person with a business number recognizable by the system that doesn’t have all the hooks in it as a trustee. So, what you’re looking for is to thread the needle so in the end what you’re going to have is a person and it’s a foreign entity resident in Canada (the U.S.) Gentleman # 2: ok Gentleman # 1: if you have a corporation from years back , when we realized the answer, as luck would have it, we had a shell corporation sitting there for the last few years, but it had never applied for a tax number, employee number, gst number, all it had was a business number recognizable. Gentleman # 1: 37:00 So instantly because you’re the legal representative of the debtor we sat down as the CEO of this limited company and as the legal representative of the debtor we’re able to sign on behalf of the debtor to assign full interest in that security to this corporation that we’re in control of, we’re the CEO. So now if you understand how this applies, since 1960 - the federal court rules changed and said from this day forward, all rights will be vested in the form of a lien interest. And if you could walk into any court case and look at the judge’s notes, all he’s doing all he’s trying to figure out is who is the secured party, who has a lien, who has POA and how did they get it. 38:00 it’s not about this statute and that statute and blah blah blah. Gentleman # 2: (laughs) Gentleman # 1: so, the minute we sign a security agreement assigning that security interest to a proxy that’s under our control, who can possibly walk into court and produce a higher lien or POA? Gentleman # 2: nobody. So, the corporation is the proxy to the corporation Gentleman # 1: but that isn’t a good proxy. We used that one to cover our asses until we got the right one in place Gentleman # 2: gotcha Gentleman # 1: actually, you’ll end up with 1 proxy that’s a secured party lienor (in the private) and another proxy in the public that’s a secured party holder. And that will be the Minister of Finance who’s in possession of the security (for Canada and Secretary of the Treasury for the U.S.) Gentleman # 2: and that’s for Canada? Gentleman # 1: He has to be the lien holder in order to execute everything you’re going to demand from him. Gentleman # 2: so, he has to be secured in other words? Gentleman # 1: Yea, well it actually, there’s no way that he can’t be secured, but we put a 1-line indemnity clause in our security agreement to cover him. Because our lien, as a secured party lienor, in the security agreement we’re also assigning him to be the lien holder. Gentleman # 2: so, in a sense that’s where you’re releasing your interest to him? Gentleman # 1: that’s right so he can get to work for you. Gentleman # 2: so exactly he can settle up the accounts Gentleman # 1: the only reason you’re in court is because you didn’t settle up accounts anywhere, everything you did was an uneven exchange and they have to access, they have to establish a lien against that certificate so they can zero the accounts. Gentleman # 2: right Gentleman # 1: because you thought you were God, but you’re not really God. Gentleman # 2: I’m clear on that now, I know who the sovereign is. Gentleman # 1: so, you think about that for a few minutes, and if you sit down on a stone by yourself, and if you understood 1 word I said this morning, you’ll be able to see the remedy opens up, it doesn’t matter where you are, what you do, there is always remedy. Nobody has POA over you and nobody, not one person in the administration could possibly have a lien interest in that estate. They can’t possibly. If you walked into that court and you say: Me: you over there you pecker head, you produce your written delegated authority to administrate this estate. Where’s your POA? And you, produce a registered lien interest, to the court. Where is it? Because I got one here. I know I got one. Where in the hell did you get standing? If you don’t have a lien interest in this thing, get the hell out of here, you got on standing. Gentleman # 1: does that make sense? Gentleman # 2: you betcha. Now, if he had given that to the Minister of Finance, what are you doing there then? Gentleman # 1: that’s what I told you, after the record is corrected you can no longer walk into one of their pagan courts. Gentleman # 2: exactly, fair enough Gentleman # 1: and if one if their assholes drags, you in when that happens, title merges with equity (trustee and beneficiary in one person) and you have foreclosure, don’t you? Gentleman # 2: you mentioned that, yes. Gentleman # 1: when a trustee drags you into the court and tries to administrate that estate that you are holding an interest in for his own benefit, he just breached the trust and the whole thing reverts back to you, and you have foreclosure. And you want to see them get foreclosed on in court? If they drag you in, there and you just look at them and say: “I know full well you don’t have POA, and I know you don’t have a lien interest, and I know you are a trustee because you got a check last month. Now that you’ve done this, and the judge has accepted it into his courtroom, he just became the trustee liable for the whole works (thing). And the whole trust terminates and reverts back to me. Gentleman # 1: that’s why this judge last spring, when they were trying to put the lady in jail got up and said, “I’m going to stand down and “screw off” and he told the clerk of the court he was caught in a breech, and we were going to foreclose on him. Gentleman # 2: what does it mean when you foreclose on them? Gentleman # 1: when title and equity merge you have foreclosure Gentleman # 2: I understand, but what effect does that have on the judge? Just shuts him down? Gentleman # 1: the judge is in breach of public trust because he’s a trustee actually trying to administrate that thing (estate) for his own benefit. Gentleman # 2: ok Gentleman # 1: because it’s already on record that you haven’t abandoned those securities and it’s in their books, you’re the entitlement holder, so you just came back from the dead. They can no longer assume and presume all kinds of horseshit. Gentleman # 2: right Gentleman # 1: they have to administrate that estate for your benefit now. There’s no assuming and presuming that you’re lost at sea and that you abandoned that for their benefit, and all kinds of horse shit. Gentleman # 2: yes, yes. Gentleman # 1: 45:05 once you understand it, and they drag you in there, because you sure as hell aren’t going to walk into any court on your own, that would constitute breach of trust on your part also. Ok, so there’s no question who the beneficiary is once you’re under arrest, is there? Gentleman # 2: nope, that’s right Gentleman # 1: I don’t think anybody ever figured that out. If a cop puts you under arrest, there’s no question that he’s the trustee and you’re the beneficiary. You’re under his custody. Gentleman # 2: yep, fair enough. Good point Gentleman # 1: ok, so I would look at that judge and say: “Excuse me sir, I never abandoned those securities and I’m on record as the entitlement holder. And whether you know that or not, I don’t care. But what you’re going to do is you’re going to exchange the dismissal order for the claims drawn on that estate and you’re going to have the clerk do a full accounting of the whole thing, and you’re gonna write a check before the end of the business day OR You’re going to fill out the tax forms that are required, to claim that I abandoned those securities, and you’re going to report the earnings, so I can go to Revenue Canada (IRS for those in the U.S.) and get my debt back. And if you don’t file the tax forms and claim it, I WILL do it for you, but when I do it now, because the trust is collapsed, not only am I foreclosing on the debt side of the accounting, but I’m also going to foreclose on the credit side too. Gentleman # 1: you can’t imagine what one court case is worth. Gentleman # 2: I’ve heard different stuff but no clue. I think you mentioned quite a bit. Gentleman # 1: (laughs) yeah, it’s more than you can possibly imagine. They don’t build them buildings and pay hundreds of assholes to drive around in fancy cars, like its mind boggling. Prisoner bonds are one of the biggest revenue things on the planet. They build super prisons because its big money. Gentleman # 2: 47:35 yes, that I know. Gentleman # 1: just a shitty little court case is worth 10 million bucks Gentleman # 2: wow! Gentleman # 1: because if you take a mortgage ,you think you’re going to borrow a $100k, by the time you go through the riga marrow and amortization and interest and blah blah blah that is worth a lot more Gentleman # 2: yes Gentleman # 1: ok, so now they have the original issue, the promissory note, they deposit that on their books as an asset, they mirrored the credit into an account then they securitize, that means sell the note to leverage 10-12 time, but they also issue a futures bond. They’re betting on whether you’re going to pay it or not and that’s trading on the market also. Gentleman # 2: yea right Gentleman # 1: when you take a look at the mortgages, the Bush clan deregulated the whole thing, so some guy with a wheel- barrow could get a mortgage for 200 million dollars if they want Gentleman # 2: (laughs) Gentleman # 1: who do you think made the money on the mortgage crisis, the guys who bet that people would pay or not pay their mortgages? Gentleman # 2: that they wouldn’t pay Gentleman # 1: 49:25 all that’s securities fraud that’s going on. The entire record of all the insurance companies’ securities the mortgages, IRS that was all in building 7 at the world trade center on 9-11, wasn’t it? Gentleman # 2: yea that’s what I hear Gentleman # 1: Well, any reason why that disappeared? Gentleman # 2: I don’t know Gentleman # 1: well Kenneth Star was investigating securities fraud 20 years ago. There was a lot of people investigating the securities fraud that was going on. So, they had to get rid of the evidence Gentleman # 2: gotcha and a lot of it Gentleman # 1: yeah, if you sit on a rock and think about all the remedies that you know, the minute that BC is indorsed and returned, and that guy (SOT) is no longer a custodian he’s a trustee; a securities intermediary, and all the acts and statutes apply to who? Gentleman # 2: Him, him Gentleman # 1: that’s right, do they apply to you now? Gentleman # 2: No, God no. Gentleman # 1: No, and once you get your new-found status, and you’re given a new name to operate, and you go to the passport office and say I need a foreign diplomatic passport, do you need a driver’s license? Gentleman #2: no Gentleman # 1: and do you think some cop acting privately is going to make a claim against that estate? Gentleman # 2: He would be stupid to do so. Gentleman # 1: 51:20 that’s right because if that happens, you never appear in court, you sit down and put your paperwork in an envelope and mark it “PRIVATE TRUST DEPOSIT” and REGISTERED mail it to the judge, and he will open that and it’s a foreign judgment. And that foreign judgment will override any thing there, and you’ll include a directive in it that says what you are to do with this claim. You are to exchange a dismissal order for the claims drawn on that account, and have the clerk do a full sworn accounting, and write a check to this estate. Gentleman # 2: right on, same as the other situation, Gentleman # 1: that’s right, now when that judge is sitting in there trying to get you to answer to the name, who’s bond do you think is underwriting that whole thing? Gentleman # 2: his, the judges Gentleman # 1: that’s right. Until he gets you to make an appearance and give it a banker’s acceptance / indorsement and that can happen the minute you walk through the door. You don’t even have to open your mouth. “He’s here. Good.” I don’t care where he goes from now on, we’re working on getting these bonds perfected and cashing in on that claim. Gentleman # 2: yep Gentleman # 1: you can stand there and blab, they don’t care if you go to court for the next 100 years, because every time you appear they’re billing the estate. Gentleman # 2: yep, that’s right. Gentleman # 1: so, you never appear in court again and if you appear, it is by way of a foreign judgment and special trust deposit. Gentleman #2: gotcha ok Gentleman # 1: and the only thing you’re doing by appearing, is to foreclose on the whole thing. Gentleman # 2: cool stuff man Gentleman # 1: now take a look at bank mortgages. Somebody’s losing their house. I can put 4 lines on a piece of paper, fax it to the bank, they might not only screw off, but they might also send somebody to your door to pay you to keep your mouth shut. Gentleman # 2: beautiful 4 lines, eh? Gentleman # 1: yep 4 lines Gentleman # 2: is this before you set up the account with the securities intermediary and have the status corrected? Gentleman # 1: no, substance always over-rides form, so it doesn’t matter if I got the form done. When that guy walked into the court, and handed the court his certificate and said I’m willing to assign a portion of that to settle the debts, he actually gave them the whole court case and the crown thought “That’s good, we’ll take it, how much can we generate from this?” Gentleman # 2: gotcha, so in 1 hand he was liberating himself, but gave them access to the account. Gentleman # 1: right Gentleman # 2: for whatever amount they want Gentleman # 1: right, he got his ass out of there but gave them a blank check. Gentleman # 2: check yea exactly Gentleman # 1: if you take that BC and endorse it on the back, you can assign a portion to somebody, and limit how much they can get. If you just say take the thing and do whatever you want with it, don’t worry they’re gonna draw one hell of a check on it. Gentleman # 2: ok I got that, makes sense Gentleman # 1: We’re not endorsing the back of it we’re indorsing on the front and an indorsement is a directive from a beneficiary.