Syndication

Wow, what a busy week.

Peter returned from a weekend workshop with Cherif Medawar (founder of The Institute of Commercial Real Estate) specific to Syndication as a method of raising capital for acquisitions. This is a traditional way of doing things. We wanted to learn directly from people who do that as part of their business process - for me it was more of a refresher as I've had clients work through what is called reg-d filings in the past.

We are going to be attending a private Syndication workshop next month in Puerto Rico to discuss our business plan with Cherif and his advisory team. Cherif is a billionaire in the commercial real estate world and has a patented business process that is the core of a business methodology he teaches around commercial real estate.

Peter, Lawrence and I had a meeting yesterday to review the information. We compared the Syndication process with our IQ Business Plan. Bottom line, the IQ Business Plan is superior to the Syndication process because we protect the Financial Partner's principal funds with our approach.

Syndication however is what people expect to see when they are investing in projects and plans like ours at the level we are working on. The IQ Business Plan is unfamiliar, and it requires someone to pause and think about it compared to what they are already doing. Once they do that, it's like (Wow, that's brilliant!)

I'm reworking our PowerPoint Slides and converting them into an online presentation and am recording soundbites commentary so anyone interested in what we are doing can 24x7 check us out.

Yesterday I released the PDF file for the "Does your Retirement Strategy Have a Dirty Little Secret?" report i.e. "The Retirement Strategy Flaw". I do not have the complete report ready, but the PowerPoint slides have enough information to reveal the flaw and that information really needs to get out to the general public. That report is being prepared for publication. The core information is available for free at www.iqmoneyteam.com.

I am almost over my head cold (surfaced last week - just as I was beginning to record sound bites!!!) pondering Murphy's Law vs Bijan's Law (laugh). We go with the flow on these things trusting that everything plays out for the greatest and highest good.

We have a dream to share rooted in common sense that solves a lot of peoples investing and retirement (IRA) considerations. What we have put together has to be the best business and investing approach I've ever seen.

Step by Step. A lot of people have been hurt over the last few years because of fraud, undisclosed risks, and trusted licensed advisers that really didn't take care of their clients very well. The "system" itself is flawed (in my opinion.)

U.S. Citizens are being discriminated against based on their financial status, this restricts a citizen's right to "pursue happiness", or as I would say "opportunities". I understand the intentions behind SEC regulations, but then again a Citizen has the right to give away their money, or go into a Casino, etc.

All the regulations haven't really protected people from scams, licensed and respected professionals have been running scams for decades. It's ok, we're dealing with it. It is a barrier to business. We've probably spent nearly $30,000 on Syndication stuff, and there probably is going to be another $20,000 related to legal fee's and filing fee's and stuff.

Not a lot of money for a plan such as ours, but what about small start up businesses? I think we are hurting ourselves as an economy. Prosecute folks for fraud and misrepresentation - just enforce those laws, but don't discriminate against people based on financial status.

Maybe that will be a cause I take on later in life :) (laugh)

That's all for now.

Step by Step!

- David