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Mr. I
03-30-2008, 07:05 AM
Dear Warka Investors,

I would like to bring to your kind attention that Ashour Bank announced that it will be issuing 20% free capital shares and 80% paid up capital shares (IQD 1 per share) for those stocks purchased prior to their general committee meeting.

You are kindly requested to submit your signed request that authorizes our bank to purchase the entitled paid up shares deducting the purchase fee from your accounts. The authorization letters are to be submitted no later than 4th of April 2008. All authorization letters received after this date will be considered null and void.

Best regards,

Mr. I

Crow
03-30-2008, 08:25 AM
Thanks Mr. I ! People should take advantage of these paid up capital share offerings. CROW

NotAPHD
03-30-2008, 08:49 AM
Mr I,

Thank you for the information.

Please could you let us know what is happening at Warka as to whether the bank is closed with the current situation there? Some people are getting a little confused on the main forum but some of us have obviously realised that there are problems now concerning curfews etc and clearly some people will not be able to move around freely for awhile.

Many thanks.

lovedinar
03-30-2008, 09:27 AM
Thank you.

BNZI
03-30-2008, 10:30 AM
I take it a simple letter signed, scanned and sent to isx@warka-bank-iq.com will do the job?

Something like,

I would like to take advantage of the 80% paid up capital shares offered by Ashour bank. I authorize Warka Bank to withdraw ******IQD from my account number ****/***/**** to purchase ***** shares at 1IQD per share.

First time I've received any free or paid up shares. I assume I'll get the free shares without having to do anything, will the letter above get the job done for the paid up shares?

Mucho_Dinaro
03-30-2008, 01:10 PM
I take it a simple letter signed, scanned and sent to isx@warka-bank-iq.com will do the job?

Something like,

I would like to take advantage of the 80% paid up capital shares offered by Ashour bank. I authorize Warka Bank to withdraw ******IQD from my account number ****/***/**** to purchase ***** shares at 1IQD per share.

First time I've received any free or paid up shares. I assume I'll get the free shares without having to do anything, will the letter above get the job done for the paid up shares?

That should do it BNZI with a date and signature.

BNZI
03-30-2008, 01:19 PM
That should do it BNZI with a date and signature.


I thought Iraq had enough dates already? :rofl:

Thanks for the confirmation Mucho Dinaro.:yes:

It's nice to get something for nothing, hopefully we'll all receive plenty more free shares or some dividents over the next year. :happy64:

Mako
03-30-2008, 01:19 PM
Ok i unser stand the 20% fee capital shares but what does 80% paid up shares mean. SO i means we can get 80% of what we already own for 1 dinar a share?

Crow
03-30-2008, 05:54 PM
Ok i unser stand the 20% fee capital shares but what does 80% paid up shares mean. SO i means we can get 80% of what we already own for 1 dinar a share? You can get 80% more at 1 dinar per share, do take advantage of all these deals, if not, later you will kick youself.

TreasureHunter
03-31-2008, 04:39 PM
I have 17 or 18 Banks........But No Ashour!!! :worried: I hate when that happens!:angry:

When Ashour and Mosuil finally started trading again back in Oct. of "07"...I wanted to go with both of them...but! instead I went with Mosuil Bank...because it was cheaper....and I picked up a bunch of North Soft Drinks to go along with my 5+million shares of BPEP:nod: because North hadn't traded in about a year...and I really wanted some......Oh Well!
I can't remember exactly how many banks there are that trade.......but! I think I may have them ALL...except Ashour! :sadsmile::tmi::swear: ie: (Darn!):no:





Glad we're seeing some splits.....

Hope we see A LOT More!!!

:rock:

BRYAN
03-31-2008, 06:47 PM
Does anyone know if this is being purchased under warka's proxy ?? Or do you need it to be purchased in your own good name?:confused: