U43 – Re-allocation Crypto Investments under Certain Standards 0:05 All right. Hello, everyone, this is John. Jay, thanks for joining. It is August 19th. 0:10 Anne, We’re going to be discussing something kind of new today. 0:14 I wanted to cover some ideas on re allocating and before I do …

U43 – Re-allocation Crypto Investments under Certain Standards
All right. Hello, everyone, this is John. Jay, thanks for joining. It is August 19th.
Anne, We’re going to be discussing something kind of new today.
I wanted to cover some ideas on re allocating and before I do that, I want to mention some of the websites that I’m working with.
OK, so, there’s privacy fight dot IO. As you guys know Privacy, fight dot IO, privacy, Fight club, dot com, that’s basically a video membership. OK, so I, my purpose there is to archive a lot of the content strategies, the core strategies, that I’ve been using over the years.
So that you always have a way to refer back to it and.
No, you can play it over and over again. Of course, and also, we do not have documents right now. I’m waiting a little bit longer until I have the most updated versions.
We’re also adding a helpdesk to ace of coins dot com That means you’ll be able to call and talk to a real person or open a ticket that can track your series of questions. And there’s also a database that you can get quick answers to information.
Sometimes you just can’t cover everything in some videos, and, or maybe you don’t have time to go watch a video, so that would be available by phone and through the URL.
There’ll be a chat window, I believe.
Ticketing system and a phone service, and it’s not going to end in no voicemail, OK, so there’s going to be some some services there.
So with that being said, let me just start with this, and I, I put that note out there on our ASAP coins, So let me just review that again. So we’re, we’re all kind of in the same situation.
All right, we’re, I’m gonna do Q&A too, by the way, Once, once I get to this, a little intro.
But, um, we’re still considering, I hope.
I mean, I had a call the other day, and someone said he had a bunch of money and you want to put it into a bank account.
And when I asked him why, I mean, I’m not trying to be Nosey, but my point is, I want you to ask yourself why you need to put $15 million in a bank account, then not have a plan for it.
So this is really important stuff.
I mean, it’s almost easy, too, take a shotgun approach and buy a bunch of kryptos and then have a nice windfall. Alright?
And yeah, maybe you can just sit and watch TV for the rest of your life.
I mean, if that’s your idea of, you know, retiring or getting rich, fine, doesn’t sound too exciting to me. But I like to think that I’m going to re-allocate that money. And I always like to think I’m going to do something with it.
And I think it’s a responsible way to use it.
So, anyway, What the heck do you do, right? What you’re going to buy.
There are still some principles that we need to consider, and so my background is, does not exceed $5 million in working with any project at any one time. OK, so I’ve never worked with $100 million or $50 million, but the basic principles are very similar. So let me just share with you some concepts that I have, and maybe I’ll, maybe this method of looking at it may help you get some answers or have some direction, so.
Let’s start with, what is going on in the world, OK, you see our infrastructure is being attacked, and hopefully do mean, I mean, since World War II, OK, the infrastructure that’s been developed, the food supply chains, the technology development, Who’s doing R&D? All these things that you would invest in, maybe there’s some core elements there that are not under attack or that are being overhauled.
And I’m going to introduce a concept here.
And there’s some new path being developed.
For example, decentralized fabrication, they’re not calling it that, but I’m just going to say some of the technology out there is three-d. printing, OK.
There are, let’s say, the money behind what’s going on right now is evil money.
You guys might agree with me on that, so let’s just say that evil money is pushing a certain agenda.
So, let’s just look at that agenda and see how that may factor into our decision making.
All right.
So, I don’t have, I’m gonna give you my notes here, but the first thing I want to start with is this. Let me just share my screen.
I’m only going to show you two websites.
Did I get the right one?
Yeah, OK.
We don’t care about Zoom, topia, we care about this. So my thinking is, and I’ve been looking at this for like a year and a half, Like, what the heck am I going to do? So I’m saying, OK, where’s all the big money?
In the big money that I can tell is behind this 17 sustainable goals, total BS, to monopolize all world resources, et cetera. Now, I’m gonna sound like a pessimist. I’m sorry for that.
I like to think of it as being practical, so I recognize some of these things as viable areas where we can put money.
We have affordable, clean energy.
Um, Yeah.
Let me, let me start with one, OK.
So, the first goal here is no poverty.
And second zero, Hungary, OK, that is not realistic as you guys probably know this.
All this means is it’s complete poverty and government dependency and no private property. That’s what this means.
This is the cry of the socialist and communist for over the years.
Now it’s the cry of the tech technocratic, technocracy, what they’re trying to create.
I don’t know how to invest in that, OK?
And this no, poverty is not even achievable. It’s total BS.
You guys probably know that, correct me if I’m wrong.
zero hunger, same thing.
Good health and well-being. You see where we’re going?
You see where we’re going now?
OK, how can this be the objective, if where we’re going now is let’s kill all the young people and maim everybody.
Quality education. Where’s that headed?
So this is all total BS, all this gender equality, what do you how do you invest in that, OK? Clean water and sanitation, OK, that translates into this. Yeah, I see some opportunity here.
I see a lot of opportunity here But I also see that the agenda here is to have the evil money monopolize all world resources and I’ll give you a lead to look into and that’s the Canadian water supply.
Check it out.
Let’s look at number seven, Affordable and clean energy. Yeah. That sounds great, huh?
Well, that means we gotta get rid of all gas engines, and any any Neanderthal that wants to keep using a gas engine, gets penalized, or whatever eliminated, right?
My opinion is that gas is the future technology we just need to use the engines properly.
Another subject.
So when we have this thing going on, right, we can have very efficient gasoline engines, in fact, that can be way more efficient than this battery stuff they’re doing.
In any case, there is a lot of money. Most of its evil money in Goal seven. And Goal six.
Water resources and Energy, OK, but I think we should be looking at these, because I think we can get into some of these and appear to be consistent or we can maybe be in some of these industries and not have too much friction with this evil money. That’s what I’m thinking.
Um, decent work and economic growth, I throw that into number one here. That’s the same category.
I mean, that’s just means you’re working for the government the government owns everything. I think that’s where we’re headed. I mean, we’ve been there. Actually, Since World War II, if you guys weren’t aware, I mean, we, We Live in a Feudal Society. In fact, we’ve lived in a feudal Society that means nobody owns anything.
Since, after the Civil War, only, I would say, I would speculate that the 40 years preceding the Civil War, we actually had in a low dial economy, in a …
style economy, which is what, they, merchants of that time, wanted, OK, Way back from even John Locke, those guys wanted that.
Um, then we get into industry, innovation, infrastructure, I see this as, you know, I see huge opportunities here and Goal nine.
OK, and so I’m gonna. I’m gonna, Next. We’re gonna get into some vehicles here, so the ways to look at this stuff. So we’re I’m Optimistic and pessimistic as Goal 6, 7 and 9 here.
You see where I’m looking at?
All I did was keyword search on 17 sustainable goals. You guys can do that, you’ll see what I’m looking at here.
Reduced inequalities, OK, that’s more BS, OK?
10 and 5 are the same, sustainable cities, again, you don’t own anything. Government owns everything. And when I say government in this situation, this is unlike something we’ve ever really experienced.
I think what we’re going to be looking at is a corporate guardianship where there are no governments’, which leads me to another point in here.
So, just be on the lookout for this.
Um, what do we got responsible consumption and production?
Again, monopolizing all of Earth’s resources, goal 12, climate action, same thing, climate change is total BS.
In fact, we’re at a carbon deficit right now immensely.
We need four times more carbon in the biosphere than we have we don’t need less carbon, OK?
carbon equals life oxygen equals life OK, they switch this over this global warming stuff. They switched it over to 87 it used to be global cooling switched it over to global warming and 87. I don’t know why, OK? Life below water.
They want to own all life, OK.
Sorry about that.
So 12, 13, 14 just translates into the same thing as you know owning all resources Did I mess up that page? Let me go back here.
This is how, this is my bias. So take it for what it’s worth.
Life on land, peace, justice, and strong institutions strongest …
means, again, corporate guardianship, it means there’s no justice. Just like you’re saying now, what would reverse the trend we’re seeing now? And then we get into partnerships for the goals.
OK, partnerships that means the corporate guardianship system, where the evil money owns everything.
We’ll let you have access to some of the scraps from the table, if you’ll do the bidding of these, you know, globalists OK, sorry if that sounds too pessimistic, but I do see opportunity here so in that some sense.
I am optimistic, and let’s get into some traditional understanding. Here’s some some methods. I’m just gonna go over my notes.
I’m gonna leave this like this on the screen for a minute, but I’m gonna go over my notes.
So, those are the 17 Sustainable Goals. I think I would start there, as to where all the big money is going.
And the reason why I mentioned that is because if you want to put $10 million somewhere, or a quarter million dollars somewhere, you may have some friction, if you’re plans, conflict with some of these plans. I’m sorry, but this is maybe the way.
It turns out, just like, you know, you’ve seen the people that develop the renewable energies, you know, running cars on water and things like that.
They get it eliminated, so I’m going to share with you two categories now. When I talk with people, when I have been over the last 20 or so years, and we talk about putting money somewhere, or investing, or looking at things.
Um, normally, it’s going to be, I tell them, pick two areas of investment and one of them is probably going to be real estate.
Then the other one is going to be something maybe that you’re proficient in or have some expertise on or something beyond real estate.
I don’t know what that could be. Maybe you’re a watchmaker, and you can invest in the or suppliers, OK?
Now, I’m looking at talking with people like yourself that possibly have, you know, tens of millions of dollars and more.
What the heck do you do?
There’s four categories I’m talking about to right now, there’s real assets, and there’s private equity.
I’m gonna give you just a brief overview of what a real asset would be.
OK, and I’m just going off my notes here, which I’ll share with you.
Let me OK, I’m gonna look over the chat window for just a second. I don’t want to go too far without responding, OK.
Yeah, I agree with you. Um, thanks, Margaret oil. Yeah, I mean, I think oil is here to stay. I mean, I really think that, uh, we haven’t even tapped the Earth’s resources. We’ve got all this coal in the Arctic circle if I said that, right. Antarctica.
All this coal mean just crazy amounts of coal. Now for the next 200 years, from what I understand.
But even not considering that, we, I think Texas has more oil than the Middle East ever did.
And if we actually had, we get the evil people out of the way to some extent, We can have some pretty fantastic efficient sources of energy, where it would it would make this battery Soler type stuff, it would make it look like archaic old technology. And it would never be able to catch up.
If we just used what they claim to be non renewable. You know, energy oil products, if we just use them efficiently, which by the way, they are renewable.
In fact, we can make gasoline. We don’t even need to suck it out of the ground. We don’t need to suck oil out of the ground, we can make that stuff.
All right, so, Appreciate your comments there.
OK, so real assets, here’s an example, it’s, it’s normally traditionally used as a hedge against inflation against big changes in the economy.
What does that land? You’ve heard this before. You know, agriculture, farms, buildings, factories.
Commodities, OK now, I have my twist on this.
I would not, when I say commodities I’m gonna say slow down a second, I’m not saying go often.
Opening an account at, the Chicago Mercantile Exchange not saying that I’m not saying buy commodities on paper.
I’m saying make contracts with organizations that are using commodities for finished products and I’m not going to give you much much more detail on that because that subject is so huge. I would just say keep that in mind. I’m not saying commodities is a place where you should go.
And by paper commodities like you would paper, gold and silver, I really think going forward the future is going to be I’m gonna give it a stupid example. OK.
I’m not saying do this, but here’s a stupid example: My wife is from a small poor country in Eastern Europe OK?
And her, her brother’s friend, is a rich guy comparatively speaking over there and this guy for years literally would go to farmers and buy bags of wheat, put it in a truck, store it, and then sell it at a higher price and make a lot of money. And he would do that seasonally.
That’s kind of what I’m talking about. But I’m but the way I like to look at it is I’m gonna let someone else do all that work.
I’m going to invest with a manufacturer of the commodity that uses the commodity, and I always talk about copper.
So I’m not gonna go too far into that. You want to invest.
These are all tangible, by the way, tangible assets, of course, infrastructure.
And companies that requires a lot of research.
It’s not something that you cannot do. You can certainly do this, I’m just saying infrastructure and companies.
I mean you can invest in the roadworks. You can probably invest in public waterworks. I don’t like that system, but I mean it’s there. And it may be for awhile. In fact, our electrical grid may be there for awhile that needs upgrading.
So there may be some new technology, in fact, I’m aware of some technology that could be used to replace our infrastructure.
Wow, using what we already have.
So just keep that in mind.
Then, we have intangible things.
Yeah, patents, intellectual property, trademarks.
The way I would recommend, you’re looking at intangible property as a real asset to invest in, would be to assess the value on a company’s balance sheet and maybe purchase an interest in the company.
For example, and I’m pleased, I’m not saying I’m not advocating this, I’m just as an example, I’m using this disneyworld and by the way, Disney World is about to be merged into one or media, from what I understand. But anyways, that’s a huge mountain of intellectual property, and it’s extremely valuable or profitable. Let’s just say profitable, OK, because it’s all in it’s actually creating pop culture.
So she’s something to think about.
Intangible property Licensing, OK along the way here you’re not going to go out into the world and go hey let’s go find some intangible property No you’re going to find a broker or professional that’s going to hook you up OK, and I would just recommend not getting into fund managers and funds or investment funds because I believe you’re just going to be exploited.
I believe those Opportunities, let’s call them our Made to be convenient so that someone else can benefit from your investment Even though it might benefit you. I just really think that’s not the way to go, at least for me, It’s not the way to go.
I don’t want someone else telling me where I’m where he’s gonna put my quarter million dollars, or my $25 million, OK, That was a very, very brief explanation, OK? Now, the other aspect to this, the other part of the second part, here, is Private Equity.
So what’s private equity? Well, it just means it’s not public.
That just means it’s not listed for sale to the public in something like a stock market.
So, maybe it might be the dry cleaners in your neighborhood where you go to try to buy the dry cleaners, and maybe you get you can buy it.
Or maybe you can’t buy it, but the seller, the owner, would let you buy into his organization. He might let you, he might sell you 25% of his organization, he might have three dry cleaner’s, right?
And he might sell you 25%, because maybe he’s making 6.5% on his money, for example.
And he would like to finance some out.
And you could either be an equity investor, you know, it could be a lender and he wants some liquidity so he can go do something else, right.
Or expand his operation.
So that might be an opportunity for you as private equity that you have to look for that you may be able to find with a business broker.
Carwash mom and pop it could also be a franchise. It could be a chick fil a I use that as an example sometimes those are owned privately.
It could also be a Starbucks I hate Starbucks but I’m just saying just speaking pragmatically Now a Starbucks There’s a difference between a Starbucks, Starbucks and McDonald’s Starbucks. That deal is not a franchise, that is a licensing agreement for the logo and brand of Starbucks.
So it just depends on how you want to make your money, OK?
It’s kind of interesting because both of those are different types of real estate investments, but it’s also a retail business.
Um, then you have institutional and retail investors.
We know these institutional investors in retail investors or retail investors. I mean, some of, you might be the exception. Retail investor, Hall and second.
Let me, let me switch this over, shrinks.
Sorry about that, guys. I wanna make sure everything’s. I gotta get out of here real quick.
All right.
All right. Sorry about that.
So, we are not institutional investors. I know that when we open accounts at the exchanges, they ask for an institution. I think partly they do that to intimidate people, Seth. Anyways, we are mostly retail investors.
We could become institutional investors.
I think that means you’re just pulling your funds together. Now you have a Board of directors, OK?
And you’re going to find capital there.
So when you’re getting the private equity, this is why I say, if you have a quarter million dollars, there’s no reason why it can’t take a quarter million dollars.
And get into a project that would maybe develop into a $10 million project in a short period of time.
All right, and now this is another reason why I don’t like institutions, Like, I’m not institutions. But the funds that you might get into when you talk about investing in real assets or private equity, if you go through.
An SCC type organization, what’s going to happen is they will sell you, They will think it’s such a great idea that you can make 6% and 10% in 10 years, if you can stand that.
Yeah, that’s a good idea.
All right, hang on a second, guys, I’m sorry about that. I’m just going to keep on muting here.
That is not a good return on capital, OK? 6% and 10%, and I’m not saying that we should be spoiled brats because it made such an amount of money as high returns on cryptos. I’m just saying that still, as an entrepreneur that’s stooped, that’s just, that’s just stupid. To think, that, 6% is a good return on your money.
If you’re 87 years old, and you don’t know what else to do with your money, 6% will be just suitable for you, OK? But not for most of us.
So when you get into these things like institutional, retail investors and things, and you start joint venturing with people and private equity. I’m looking at tripling my money or doubling my money in a short period of time. I’m talking 3 to 5 years. I think that’s a short period of time. Sometimes it’s faster, OK? So I do mention here, private equity.
You have startups, new things, three-d. printing might be new, depends on how you’re going to get into it.
Drone technology has many, many applications, but haven’t been tapped yet.
In fact, drone technology may be part of our new infrastructure. So just look at it, Blockchain may be also part of our new infringed infrastructure and possibly three-d. printing drone technology and Blockchain technology may be all used together.
Now I happen to believe that, that may also be have, there may be plans for that to be used against us.
So, just, just keep that in mind, But I think there’s a lot of opportunity here, in Private equity, there’s a lot of money out there that can fund some projects, and it doesn’t have to be high risk.
Um, again, I’m gonna, I’m gonna mentioned again, 17 Sustainable Goals.
So, kind of, my thinking is right now today, is to keep that in the back of your mind. What are these evil money people doing?
OK, 17 Sustainable Goals: Private equity.
Of course, it’s used to make acquisitions.
You’re going to buy a part or all of another company, you can even buy a public company and turn it private, OK, you can, you can create liquidity for someone else. That’s what the motivation generally, is.
You can use private equity, too, Make a balance sheet look better.
I can go to a company and use some cash to make its balance sheet look better, whereas I couldn’t do that by myself.
But that company may have such kind of resources that with just a little bit more liquidity It’s gonna look great and so if I put some cash on the balance sheet.
It to collectively, that might be worth way more than each of us individually, so, just something to think about. I’m gonna mention here a little bit I’m gonna get into SEC because we can’t really exclude that, but let’s just talk about SEC briefly.
OK, traditional investment, OK, so, the traditional investment vehicle, it’s something you guys are becoming familiar with, which is the limited liability company, the limited partnership, the general partnership, OK, that’s what’s going to happen. So, whenever you’re working in this area, you’re gonna find that people are just talking about language, They’re gonna say, you know, set up a limited partnership. If you talk to an attorney or somebody there, they’re going to say things like that. In fact, the seller probably won’t even talk to you unless you have, or are the general partner, or you’re on the board of directors for the general partner, OK. Or it’s a limited liability company that’s operating as a partnership, OK? You guys will figure out that as time goes on.
There is something that you want to look at either way, so if I’m going to get into private equity are real assets, for someone to take me seriously, and I’m not saying you guys have to do this today.
It, it’s not maybe necessary at all. But it’s a good practice. It’s a good exercise to understand what’s involved, and when you start working with people like a broker, a broker may actually help you with this. There’s something called a private placement memorandum.
You can write a private placement memorandum for a few thousand dollars or less.
And the reason for that is so that you can, you can fairly disclose an opportunity to an investor who doesn’t know you.
That’s just like another version of your balance Sheet.
So you got your balance sheet, you got your business plan, you got your private placement memorandum, OK, and that would give people a fair shake as to analyzing your books and records in the project.
Another thing is, you need a private placement memorandum. If you’re going to raise capital in a certain way, I don’t wanna go into too much detail on that, but sometimes when you do that, you get regulated by the SEC, or at least you have to put the SEC on notice that, that’s what you’re doing.
OK, now I have some references here in my notes, I’m gonna post the ace of coins, Let’s see here, I’m going to the reference, is Regulation D financing? Or sometimes, you’ll hear known as Reg D, financing.
SEC, so what we’re talking about is Rule 5, 0, 6.
And under Regulation D, OK, and here are the rules, Rule 5 and 6, B, 5 or six C, And the next one I’m about to show you here is going to be on Form D, Form D. If you guys were to go get Form D on the Internet, very easy to get. I’m gonna flip over there in just a second.
You’ll see that if you look at all these criteria, and all this information, if you just understand that, that may be Information that you should have available with the another project. So let’s say you’re ready to re-allocate. Right.
It’d be kinda nice to have maybe someone prepare it, or do it yourself, and just get a feel for what people do in these situations, where you want to re-allocate. $3.5 million somewhere, $30 million, or something like that, people can, can take you seriously if you are doing that. Again, I have a note here.
Uh, avoid fund managers.
A lot of times, these guys involve SCC qualification requirements, OK.
It’s OK if you’re trying to place some capital somewhere and, and you’re talking to someone who’s an organization that’s registered with the SEC, and that organization is required by the SEC to only talk to those who are literally accredited investors registered with the SEC.
So, what that means is, you’ve obtained approval, let’s say, from the SEC as an individual. Let’s call it a retail investor.
Uh, that you have a quarter million dollars or more of capital that you can invest and afford to lose, and not be bankrupted on the street, and they have some sort of qualifying criteria. I don’t know exactly what it is.
So, that’s what an accredited investor is.
I like to stay away from that stuff but I’m just saying it’s something out there, OK.
I prefer private joint ventures. I’ve done that for 30 years, it takes more time.
There’s, it’s it may take more expense to raise that kind of capital.
The funding may not be so automatic, let’s just say, but I just you know, it depends on getting the right people.
I mean, I just like that. I just I just think that’s a good way to go, But maybe it may not be a great way to go. If you want to launch a project that should be worth $100 million.
Maybe you might want to bite the bullet and go get SEC, private placement, all that stuff, OK?
And that doesn’t mean you have to be on the stock market, That just means that you can make your offer in a certain way, and not get in trouble with the SEC.
Um, Some of the resources you’re gonna look at would be working with a business broker and so that individual that professional Would have to B Used to working with people like yourself. What does that, who are you? So let’s say you are a partnership, or you are an LLC, or let’s say, you are an institution that has $12 million on its balance sheet. Maybe that’s $12 million in cash, maybe that’s just $12 million looking for an opportunity, or maybe it’s $12 million in assets that’s looking for an opportunity. I don’t know.
But that’s what I’d be considering.
So in these deals, joint ventures and things like that.
You just have to be extra careful about making sure that, whoever you’re venturing with, you all have a non competing interests and that you’re very careful about protecting what you bring to the table. It’s kinda like a marriage, right. It’s almost like having a pre-nuptial agreement.
You want to know what you care about or what you’re willing to give up and then or share or for example, you want to know what your buyout conditions are, no things like that.
And as the project develops, if it’s if it’s successful. sometimes you develop unique intellectual property or trade secrets and then that may have its own value And someone may want to have a claim or an established share of that Intellectual Property Harvard’s valued, OK. So, it’s just something to consider.
Same with buyouts and things like that. So, anyways, that those are my notes.
And let me just flip over real quick, too when I was telling you and form D here.
Going back over there.
So, here’s Form D, it’s 11 pages. This is not a private placement memorandum.
Notice how there’s an OMB approval number, so that’s the government form, OK?
So you’re gonna see, this is kind of like training, it’s getting you used to what is being considered in all these types of deals.
I’m not saying you ever have to go through this process, but this is going to give you no exposure to this, how things are done.
So, know what, I don’t even care what’s on this form. I’m just sharing with you. It’s available here. If I want to do it, I’m going to look for a professional that does private placement memorandums under Reg D financing OK?
All right, so that is all I’m going to share about that and we can do Q and A Um.
This is I hope this maybe Prompts some questions Millimeter Remember I’m almost like you guys pretty much so I look at it like we know, I’ve told you some of you, but before I, I want my relationship with my clients to be more like partnership or a colleague, OK.
So we’re getting closer to that right now, but anyway, anybody got any questions?
Yep. Yep.
So, I’d been looking into the NFP space as it relates to patents.
I do some work in music and music publishing, and that there might be an opportunity there.
I just wanted to pick your brain about what you know about that.
If anything, what is an F T? What does that stand for?
Non fungible tokens, so interesting, um, I wouldn’t know.
I don’t know what the I’d have to do some investigation on, non fungible tokens, what are they? I mean, I have to, I don’t want to take up too much time on the cover that.
But, I just wanted to see how it was if you knew anything about that as a, as a potential asset investment, because a lot of people are putting their money back forward.
OK, to invest in, in artwork right now, but from what I’ve heard that, OK, yeah.
I’ve heard some things that it’ll be connected to patents, and it’s already connected to certain publishing assets in that world, and, you know, Kind of. Looking into. I Want to see OK, Information my first, my first, when you say artwork. I get it.
Now, I know we’re talking about, I would look at the standard of an IRA and why the government, why the IRS doesn’t allow you to invest in art under most conditions. I’m sure there’s exceptions.
And I would just look at that, the why. Right?
I would just look at that because that, I think, is gonna give you a lot of things to consider when you’re getting into this non fungible tokens, if the, the value is coming from art.
And my uneducated, uninformed opinion on that is art is extremely volatile.
So, OK, That makes sense. I mean, I’m a space of music and music publishing, so.
Well, that’s big, I mean, gosh, I mean, that is big in itself. I mean, an art is big in itself.
I mean, everything we, we experience involves art, it’s just a matter of getting into it. Like where, I’m not well versed in that at all, but that’s where I would start, I would look at why the IRS is excluding that as an investment thing.
And then I would, I would go from there. OK, right, Craig? And yeah. I would also look at insurance, too.
So, let’s go.
Hmm, OK.
Alright, OK, Daniel.
Yeah, can you hear me? Sir. I first, I wanna give you a shout out and I want every, I think, yep. 2628 listeners here that I had a meeting with John a week ago. And since that meeting and went to seamlessly got in with Caleb and ground without any issues, everything is real simple With the LLC.
So, I wanted to say that it was well worth it, and I really appreciate you for that. Yeah, thanks for sense. OK, great, and I just have quick for questions on the bank account, an LLC, if that’s possible. Yeah. At the very first one was either a member managed or manager managed.
If they ask you Chase Bank, I always prefer member managed and that’s how I write the articles. That’s what I thought. That was the one I wanted to make sure and it says are you the only person managing the day-to-day operations?
My daughter is on me, but it would be just me, correct? Just say Yeah, yeah, right, OK, and when it says what percentage of the business do you own.
Go by the articles, if I wrote it as a PMA then 0%.
The PMA would own 100%.
OK so it’d be 0% even though my daughter’s men are managing member and I’m Oh, I see the managing member Did you wrote down as the managing member and me as the member?
OK, so then, you would be 50, and she’s 50, 2 members. You got it?
Yep, OK. And the primary is good, the primary physical address is my home address, I can do, I don’t have to do Where the, the thing is in my New Mexico, do I?
It can be, yeah. Principle address can be anywhere. Resident or registered agent address has to be in the state, in which is registered.
OK, great, and the last one is business classification. You had said, too, but real estate. Lesser of real estate and business type lesser real estate.
That work is enough. It’s a nice backstory. It’s boring and answers that question. And source of funds. That was all simple available. Cash. What do you plan to use this account for his investment? That was, that, that’s it. Cool. Yeah, that’s it. I’m very good, articles. Yep. Yeah. Oh, The one thing I will say, Caleb and Drown, they use a different terminology than operating agreement.
They say shareholders agreement and that threw me off for for for a little bit. So I had to do some research on it. Oh, yeah, that’s why I give you the abstract documents because I don’t want you to give them the real one. No, no, no, I gave them that, but I didn’t see anywhere. it said Shareholders and what is it, what is it? But we figured it out and we run into that once in a while. Yeah. Thank you, again, and everybody. It was awesome. You gotta use, John for that, John, for that? It really helped Daniel.
Mark, what do you got there?
OK, Question A couple of questions. Yeah, I posted the question on the form LLCs versus Trusts.
You did answer but I’m curious.
Why do you think LLCs are better than trust? If you can get a little explanation. And second question is written probably 2 or 3 times about three-d. printing, so it feels like you have some gravitation towards that. And I’m curious as to why.
So those are my questions. Well, I trust and LLCs can be used interchangeably.
But I just happen to have a professional bias towards LLCs simply because I like something that’s chartered under the state’s statutes and because in the States, if my LLC charter is revoked, I just like the fact that the government is going to recognize that.
Even if I have an expired charter, I just can’t do new things with it, but it’s just so solid.
No one’s ever challenged any of my LLCs or anyone that I know of and it also discourages creditors.
The LLC does, whereas a trust may not because a trust, a lot of times attorneys believe that they can pick it apart.
And they have to subpoena the documents.
Where are the articles of an LLC or public record And there’s no question there. They can see exactly what I want them to see.
And then if I really, really want to have a trust, let’s say I have an heirloom trust that I write for a client that’s going to be for 100 years that I would own used to own a limited liability company on the premise that the LLC is disposable.
I can use it for seven years or whatever and destroy it, or it can be sued and I can shut it down and I can just move my trust over and I could keep my trust forever.
And who cares about the LLC’s? That’s another reason why I like them, they’re disposable.
That’s all I’m, I don’t mind using a revocable trust for a bank account. I don’t keep a lot of cash in there. I don’t mind using one for owning a vehicle just to keep the vehicle out of my name or even a vessel.
I wouldn’t mind owning a small boat with a trust or a motorcycle or something like that.
That’s just my professional opinion.
All right.
I’m gonna answer some of the, There’s some questions here on the chat, so entities, OK, Storage units. Yeah, like storage units, OK.
Again, that’s a real estate investment, That’s, I believe, what would that be? That real assets, maybe private equity, maybe combination is something like that. I just see there’s a demand for it. So you might want to do your market research on there. There are all kinds of ways to get into storage facilities, all kinds of ways. But I, I have been seeing that as, I think, in my opinion, a viable thing.
Another thing is, if we’re talking about that as heavy equipment, heavy equipment, because go and look at, who’s using heavy equipment, it’s your county and your city and your state, and so the market for that is dependent upon, let’s say, two years of forecasting budgets. You can watch your county, develop budgets two years out or more. And you can see where money’s being.
Budgets are being funded. Public budgets are being funded, monies being allocated towards like building roads and maintaining roads and whatever infrastructure. And they’re using their leasing this equipment and you can predict two years out. You have, you have pretty good control over risk.
Know, the big cranes in your town sound like, I’m over here near Orlando. Right? And they’re just always building up Ifor and 275 and inter-state 75.
And then three-d. printing. Yeah, I think three-d.
printing, here’s what I like about that, is I call it decentralized fabrication.
I think we’re going to see a lot of manufacturing and people’s garages or a small business that makes parts for toys and baby strollers and lawnmowers and kitchen appliances.
And hardware things maybe electrical appliances Like your air conditioning unit might be replaceable with a three-d. printer. So, here’s an example. Let’s say I take my AC unit, Let’s just say it’s good technology and it’ll be around for 10 years, Which, I don’t think so, but, anyways.
So, I take apart my AC unit and I scan all the parts into files, because I want to do it that way, I can buy them, or, I can license, and release them, or whatever. But, let’s just say, I want to build my own database of parts, so, I scan all these into a three-d.
file database, and then, I can replicate the parts anytime someone needs apart for his broken down AC unit, or plumbing. Or there’s lots of applications for that.
Let’s see, Guitar, Shredder super, shredders, OK, I don’t know about all that stuff.
They’re, OK, three-d.
printing are, I don’t know about gravity and my experience private ventures are difficult. Yeah, they are.
They are, um, I’ve made most of my money over the last 30 or so years. And private ventures, again, they’re not $30 million deals, They’re a quarter million dollar deals or $10000 deals, they’re, you know, sometimes they turn into million dollar deals, but it’s not, it’s not a lot, It’s not always like that. So you want to invest in foreign foreign business, OK.
You guys are thinking small. I’m sorry.
if if you’re offended by me saying this, but let me just read you this, say you wanted to invest in a foreign business real estate, is there a threshold for international bank transfers, OK?
You’re going to say the money over there somehow who cares Just send the money over there.
The real question is what structure am I going to use to own the real estate?
Well, my first go to is a local advocate or an attorney and I would ask can a foreigner own title to real estate in this country? And if not Howard.
I control some real estate. Do I need to register a local company? Do I need to work with a local firm?
Do I need to have resident here?
That’s what I’d be concerned with, not what’s going to happen to my $750,000. OK, where you get triggered for review by agencies, now, $750,000 is nothing. Does the LLC charter expire after a year? It depends on your state statute. Yeah, most states every year, you have to file an annual report and pay a fee. That’s most states New, Mexico’s not like that Pennsylvania, it’s not like that.
There might be a couple of other states maybe Arizona and Wyoming, I don’t remember.
Um, can you develop an expandable business under a PMA because as soon as you teach someone a technique how to cure a chronic disease like cancer they can just go open their own PMA taking your technique. Yeah, OK.
Alright, you’re talking about protecting a process or practice. Keep this in mind.
Imagine all the effort you get into to develop a process, undertake all kinds of risk, expense, develop it, then succeed.
Then someone wants to copy it. Well, he’s got a pretty much re-invent the wheel, because you’re not going to help him unless he is so bold as to offer a partnership because he maybe as an offer, right? So there’s a barrier to copying you.
So I don’t know.
I mean, you can you can have a contract with liquidated damages that precludes no, non-compete, noncom, non circumvent, all these things, right? But again, that costs money to enforce, just like a patent costs money.
A patent is not a solution, OK?
It’s just it’s an invitation to spend a bunch of money to defend it, OK? You gotta defend it then. And again, I would not do business as a PMA.
I would use a limited liability company, and I would use a PMA, which is a trust, OK. I would use that as the owner.
And if I’m dealing with people that would be in a position to copy my work, which I had plenty times, been involved in.
And I’ve suffered the consequences, OK, Plagiarism and all kinds of craziness.
But what I learned over the years is that there’s a lot of, there’s many other things that go with the end result, which is selling a thing for money.
And I’ve seen people.
No one’s ever succeeded at trying to copy my work or business process for very long. So an LLC in Virginia never used, just pay the annual fee.
Yeah, that’s cool. If you’ve got an LLC and it’s just sitting there and you don’t file returns for it. I mean, it doesn’t matter what you do. I mean my preferences. Why the heck do I need to file a return?
Unless it’s, I’m doing something that needs, needs me to do that. Not just because I have a company, right? So if you’d like my ideas on investing with an LLC and you’ve got a company by, all means use it.
If people want me to be on board with about being available for consultation or something, I will provide you with all the documents and write up and amend whatever you have if you want me to or just joined the membership. And you can see a lot of the content there, and I’m putting more up there for that purpose.
So yeah.
Signing up with exchange when, OK yeah it’s all institutional account at exchanges.
They ask you to provide the following who who directly owns more than 25%, OK, usually I write these as PMA owners, which the PM is going to be 100% owner, um just go by the Articles.
Does one provide the PMA, OK?
I gave you a fake Articles for the PMA that keeps them happy, that is not the PMA, and I can help you develop it out if you need to.
When That.
What then to add when they ask about the name first laugh data, OK? The PMA does not have a date of birth there, assuming that there’s a human being. That’s: because most people doing this are not having any sophisticated structures.
So, you kind of have to deal with that tied again against the wind, so that that intake form is not sufficient. What they really need to do is allow you to give them your articles of association and act only upon that, because all that information, like the banking resolution and the certificate of beneficial interest, and your actual articles.
All that is part of the filing. All they’re doing is asking you to re enter all that information in their forms, which are inadequate.
Alright, so banks Brokerage, turn you down if you haven’t expire Charter, Yeah.
You’re not going to be able to deal with new institutions with an expire charter. That’s the only limitation.
Sometimes it makes sense to renew the charter or keep it valid until you’re done with all that. Stephanie, know you’re done with it. If you’re in a situation where it doesn’t make sense to pay the fees in, the back filing fees, because there’s penalties, maybe it’s $3000.
It’s just as easy to consider, registering that same named LLC in another state if that is available.
So you can also register a different named LLC for a lot cheaper, just their initial filing fee, right, and then just set up a DBA for it, so that it can have the same name as the old one.
So, there’s options there.
All right. Yeah. Thanks very much for joining the Premium. I’m glad you like that. How would you set up a business as an alternative health care practitioners, such as a nutritionist? Well I would have a retail product as a nutritionist.
I would have a retail product, first of all, and I would go, I would find the fact I would do this.
If I’m going to set up a business as a nutritionist, I would find a competitor who’s somebody who would be a competitor.
And I would see what it’s doing. See what its demographic is, see what the niche markets are.
And I would maybe look to buy up one of its competitors.
So that I’m now in the market, right?
And then I would take my products, or my information, or whatever, my services, and I would market it through that existing business. So, I would buy a business that’s already doing this kind of thing I wanna get into.
That already has identified competitors in the market, and the reason why I want to know who my competitor is because, I believe that I can be creative enough to outcompete him, OK? There are all kinds of ways to do that. That’s how I would start it.
And, yeah, I mean, if you’re getting into areas where you might get attacked, you might want to create some version of a private club.
So, you’re out in the open, you’re attracting a large, you know, funnel, let’s call it a funnel of leads, and people that are happy with what your programs, and then, in the background, you might have something you want to offer, that might be a … machine.
So, thanks for those questions.
All right, And Jim.
Thank you, John. I have my LLC papers, Sunday.
Got ’em.
All right, and I went to both Chase Bank of America, and got turned down, and I remember, four years ago, I locked all my credit.
Any files? Oh, I don’t like them all. Are interested. Yeah. I didn’t know that. I maybe that’s. that might explain some people who tell me they couldn’t open an account.
And then they, there’s no explanation, but I did you get started or did they tell you that? No, I guess that I talk to the person at the Bank of America, and she goes, Well, maybe that’s it, I don’t know. So I went out of line, opened all four of them up.
And I went back with Bank of America and filled out all the paperwork got approved.
Never asked me for any of the articles, because it’s online. That’s cool. I mean, that’s what they should be doing. Yeah, cool, glad to hear that. Thanks. Oh, yep, that worked. And I just want to let you know about the lock credit card. Yeah. I wasn’t even aware of that. But, you know, what’s funny, is, I know that they check your credit, They want to make sure that the number you give them matches a credit file. So, yeah.
And one other question I have for you, John, is I own crypto, um, on hardware wallets in a computer.
Personally, I want to put them in the LLC, do I have to do anything special like buy another hardware wallet for just, no, Look at that asset is just like you, what a gold coin that you have in your sock drawer, all right, that’s in your possession.
A gold coin so the only time it matters that you have some sort of like titleholder is when you go to sell it to a third party who might report on the sale.
So, Pawnshops always report, so you would then use your LLC and its EIN, for example, or your trust, and it’s …
as the seller, but until then, nobody cares, OK. And then down the road, if we want to do a quick claim deed on our title of our house and put it in the LLC. Which is, say, Putting it in this one or do a whole new one, You can, you can use an LLC.
That’s investing a kryptos with real estate that you live in, or a real estate investment, because it’s almost like having a bank account with your corporation that owns no, 7, 11 or something.
It’s just keep in mind that it’s not just a bank account, it might be your entire portfolio. I don’t know, higher organized, but it’s the risk the measuring. The measuring stick that I use is the account one of the assets, the account, Like the Kryptos.
Measured against the real estate, is a fixed asset on the ground.
Kryptos are extremely liquid, so I can move that around so fast, but I can’t move the real estate around, right?
I can, I can change my equitable interest, But on the kryptos, that’s why I think it’s a low risk, to have one LLC have kryptos and also own real estate.
All right, thank you very much for that, right.
So somebody’s asking how you unlock your credit file? He said you logged in. He logged in. I guess you have to get an online account with Equifax or something. That’s probably an option.
Yeah. If you set up an account with them, then you can you do an ID and a password and they send you a pin number. And you do not want to lose that or it’s a pain in the ****.
And then when you go to unlock it, you just log in, put in your pin number to unlock, because they have little toggles play their lock or unlock it on every offer.
Thank you. Alright. And so someone’s asking about what happens if someone’s asking you to take a photo. There’s all kinds of things that come up, I mean.
So you’re giving, you’re already giving biographical data with your date of birth and stuff. We just can’t avoid that in this world today. And then they want biometric data.
Your face has all kinds of biometric data, I’m not going to get into that too much, but this does create a liability for the organization, but you’re not going to attack, and because you still want to use it as a vehicle to manage your investment. So you just kinda have to deal with it.
I mean, like, I didn’t like to have to do this, but earlier this year, I had to, excuse me.
I had to take my photo with my driver’s license.
two, for Whatsapp, hate those guys, but that was a one-time deal, and yeah, my data’s out there somewhere. I’m probably up there all the time, but, Yeah, you just kinda have to do it, but, again, identifying yourself and KYC does not create tax liability, and doesn’t mean tracking.
It’s bad, but it, as far as tax consequences those are managed no matter what KYC you’re doing.
All right, and then what about poor credit?
So, if you have poor credit, also be denied opening an account. Sometimes, OK, if you have poor credit opening an account as the seiner, if the account is underwritten with your name and date of birth, which probably it is unless your LLC is a standalone and it has.
When I say standalone, I mean, it’s its own person.
And, it has its own balance sheet and it has it, Dun and Bradstreet credit score, I’m not saying you guys need to do all that stuff, but you’re just not going to be able to avoid it, So, here’s how you, in that sense, but, you still got to shop around, because you will find an institution that you can do banking with, even with poor credit.
Because, what they’re doing is, when you have a, when you have a bank account, and they’ve been doing this forever, they underwrite the account as a loan to you, even though you’re putting your money in there.
That’s my laymen’s terms of explaining it.
That’s why they may not may deny your credit. one time I had a business account, And there was this one too many checks, or we’re getting return, we had high volume of checks. And so, everyone’s while someone writes a check, that’s not good or something like that. And so, it was just enough to where the bank says, Hey, we just close your account, Here’s your money, goes somewhere else, you know? And it was a long time ago, and I was learning.
And I realized that I had to use a clearinghouse, which I’ve been doing ever since, so they do underwriting on your account. So just keep shopping around. That’s my only recommendation.
Cannot be, Cannot, Cannot want to count in line, Have to go, OK, Yes, sometimes they take a walk in the branch.
Again, you have to shop around or try another way, like, try to contact them again, because almost all the time, you can open your account over the internet, and chances are, You may have chosen the wrong option, online nok.
I’m probably wrong here, but you may have chose option for individual, make sure it’s going to be for a business account, that you should be able to do over the Internet.
And Maybe you chose the wrong branch, so let’s say you’re in Oklahoma And you have a New Mexico LLC?
Make sure that your online Chase bank application process considers your application to be at a Chase Bank branch in New Mexico, not Oklahoma.
So just something to think about.
Yeah. And on Infinite Banking, it sounds like a nice tool. Again, realize what it is. Infinite banking involves insurance insurance, involves managing risk.
It’s not an investment.
It’s not a tax avoidance scheme, Although, you can avoid taxes, but keep in mind of what art is considered front loading, and it’s probably not front loading, It’s more like commissions.
That’s a lot of money.
Whenever there’s a upfront costs like that, just it really, it really sets you back time-wise for internal rates of return.
And sometimes, you may want to consider structuring it differently, because there are different ways to do loan transactions, other than private banking or the insurance, the ABC, so But, yeah. That’s the only thing, Just look at the numbers.
And Equity Stripping, let’s see. Oh, yeah, Equity Stripping at Infinite Banking. I don’t know that. You can combine the two. Give me an example of that.
You’re asking my equity stripping?
So when I when I think of equity stripping, I’m thinking, What can a creditor take?
So I make a list.
Then I say, I asked myself, What can and how can I take it first?
That’s how I do that for clients.
I have a list of what the client can sell and what the client can spend, then I structure away that he can do that first, before anyone else, and still retain control and benefit of the thing.
And so one example of that might be, to record a second mortgage on its property, that has $100,000 of equity.
That’s equity stripping. I don’t know that I would, I’ve never thought of using an IPC for equity stripping.
So doesn’t know much about Equity Stripping. So I hope that helps you understand Equity. Stripping. There’s other ways of Equity. Stripping, let me give you another example.
Equity stripping would be a friendly Judgement Lien.
OK, so, you get sued by somebody and then, like, for example, let’s say, your friend loans, you some money, $100,000, and you say, Hey, why don’t you sue me now, as if I’m already in default, that way, I don’t know, you’re already secured, right?
Whatever. I don’t do that very much.
So he does it.
Well, that judgement lien can prevent can protect you from other creditors It also protects that transaction.
Anyways, liens ahead of other lanes are a way to strip equity.
Said, Anyone else the bank with only those banks none?
I don’t know what the baling list. I don’t even trust the bill on this. I think that’s propaganda.
Don’t even just just assume that your money is not safe in the banks, and it never has been.
And even parking cash in the banks is not safe. I don’t care if the banks are perfectly safe. It’s not a good idea.
The more you have cash, the more you’re losing the cash value because it’s on fire.
That’s what I call it caches on fire.
So, spend it fast on assets.
Credit the banks have? use check systems? yeah, OK.
So, check systems is regulated by the Fair Credit Reporting Act.
And you can you can request your check systems file from check systems and I think there’s another one.
They are under the CRA, so as lexis lexis nexis. That is also under the CRA.
And you can do corrections on that as well OK, so he’s someone’s give me an example here. One point three million dollar home with a one million dollars lean OK, lena’s L IE and get paperwork that shows your refinancing with a trust.
By borrowing a million, put the lien and that trust, which you own, OK, first of all, you don’t own a trust, you’re the trustee, you own the property in the trust, as the trustee.
So the trust owns the property and the trust.
You don’t own the trust.
To show that you owe more than what the house is worth, no, that’s too complicated.
What I would do is, if you want to strip equity, it’s simple.
You identify a lender who’s that going to be, well, if it’s going to be, if I’m stripping my own equity, I’m just gonna, I’m gonna use a trust, No problem. I’ll use a revocable trust, I’ll make that the lender.
OK, I’ll write up the mortgage agreement.
I’ll make myself the borrower, or whoever the titleholders, I’ll make the borrower. OK.
If you make a trust a lender, I’m sorry, a borrower.
It’s not a real transaction, in most cases, because there is no underwriting for that with when there’s no balance sheet so someone can pierce that.
So be careful about throwing these things around, it takes a little while to learn some of this stuff.
I’m not saying that’s complicated, but, yeah, it’s good to talk with people that, maybe you have done things like that before, just ask me. I mean, moving bank savings funds to crypto proof of staking. Hey, Do it if you make a return. Great.
So now you’re funding an asset, right?
I’m probably, you’re probably wanting to know if that’s a taxable transaction.
No, funding an asset is not taxable.
So if you’re if you’re getting returns that are in kryptos, that’s still not taxable although you might get a 1099. You can fix that if you want to avoid all the drama.
Just write the contract in your structure using your LLC or something that way, you don’t have to deal with anything, right?
All right. Good questions, y’all.
OK, so moving bank seems funds, OK? How about the um?
You guys have any questions on? Anybody have thinks he has the best idea on re-allocation Or you don’t want to tell anybody because it’s such a great secret.
Anybody want to share something?
I promise not to steal it.
All right.
I understand.
You all have your secret ideas, supersecret ideas like I get it.
All right, well, I hope that’s helpful.
And again, I just wanted to do this call it just to give you guys a framework, you know, a lens, if you will, to look through, when you’re looking at where to put some money.
And I would just say go slow because you’re going to see Lotsa weirdness.
Well, thanks, everyone. And I’m sorry about August fifth. I am still working on that video. That was a good Q&A session.
I gotta just redo that things several times on this call. I mean, I’m, you know, I’m, I will upload this as quickly as I can on August 12th, went up just fine. If I did, I’m gonna put the link again. If I forgot. I’m sorry if I forgot, but this link will come up as soon as I can get it and I’m going to publish my notes momentarily.
All right, Kim. Did you wanna say something?
Thanks guys, appreciate it, Galvin this weekend.


1. John, the host, discusses the concept of reallocating cryptocurrency investments under certain standards.
2. He mentions various websites he is associated with, such as privacy fight dot IO, which aims to archive content strategies he has used over the years.
3. John announces the addition of a helpdesk to ace of coins dot com where users can call, open tickets, and get quick answers to their queries.
4. He talks about the possibility of achieving windfall gains through diversified cryptocurrency investments and discusses ideas for reallocating such windfall wealth responsibly.
5. The host brings up the topic of sustainable goals such as poverty eradication and economic growth, albeit skeptically, associating them with complete government dependence and corporate guardianship.
6. He advocates for investing in tangible assets such as commodities and infrastructure, suggesting private equity as a viable investment approach.
7. John describes private equity as investing in businesses not listed for sale to the public, like buying a local dry cleaner’s shop. He also suggests pooling funds and creating a Board of Directors.
8. The host explains the concept of non-fungible tokens (NFTs), mentioning their volatility and their value stemming from art.
9. He suggests the use of a private placement memorandum for potential investors who do not know the business owner to analyze the books and records of the project.
10. John concludes the discussion by explaining the benefits of setting up businesses under Private Membership Associations (PMAs) and LLCs and discussing the potential of 3D printing technology for the future.

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