BGMTN
January 31, 2010
All Information Subject To Change Without Notice
 
The following is for Informational Purposes Only. NOT Offers to Sell.
Greetings!

You may be receiving this for the first time, and if so, welcome. Your name was identified to us as having some involvement in the buying and selling of bank instruments, and we thought this information might be of interest to you. If it is not the case and we've missed the boat entirely, or we were in error, please Unsubscribe at the bottom, and accept our apologies.
 
How To Go To The Head of the Class 
 
These last weeks of fast and furious transactions that have been processed and are now ready to start trading have been eye-opening, to say the least. I am sharing some of these lessons to help educate those who are interested in getting more careful about the whole transaction process. The more educated, the better chances you have of actually bringing a usable, ready, willing and able Principal to the table.
 
I believe that, inherently, people are good. I also believe that fear and the behaviors that come from that fear (greed, jealousy, lying, cheating and the like) are the very things that cause a transaction to fall apart. My Christian brothers say that this is what the devil inserts in our lives to cause us to falter. It is within our power, and the freedom of choice that we ALL are born with, to become aware when fear is causing us to act in a way that is less than honorable.
 
The more focused you become on re-directing that fear into a positive action (such as the determination to be a good partner with those you are connected to, instead of seeing who you can cheat or lie to), the higher you go.
 
Now, that's not to say that fear and the behavior that comes from it is easy to change. It takes an intention, then action, to start making a change. It is within your power to do so. The choice, of course, is yours.
 
What does that have to do with 'going to the head of the class'?  And what does that mean as it relates to the business of buying, selling or facilitating a transaction?
 
When I say 'Go to the head of the class', it means that a transaction you are working on is complete... all the documentation is fully complete. It is the buyer recognizing and respecting that a seller needs to pass you through the required compliance checks before inviting you in.
 
In the last weeks, I have been able to help a couple of buyers who understood and respected the need for complete documentation. And guess what happened? They were accepted into the programs! Each buyer presented everything that the seller needs in order to give due consideration and acceptance.They start trading this week.
 
THAT is what "going to the head of the class" means. It means walking in the front door with all of the questions answered (full disclosure) so the seller can decide if he wants to invite you in.
 
To each intermediary and prospective buyer, a transaction can only happen when the buyer puts him or her self at the head of the class by being 100% prepared with everything the seller wants. With proof in hand, I can tell you that it is this way that gets to a final contract.
 
-MW
If you are a buyer principal and are prepared to provide and follow the seller procedures to the letter, the time is now to get your offering package in.
 
NOTE:
A complete offer to buy always includes a Letter of Request or Intent, a Client Information Sheet, a photocopy of the principal signatory's Passport, and a letter indicating how you intend to proof your funds.
 
Remember, the seller is under obligation to follow "Know Your Client" rules, meaning he/she must verify that each and every Buyer be cleared as eligible to buy, and the Buyer's money must be clear and clean from drug, terrorist or other illicit restrictions. A clear History of Funds will be required. New Regulations have been in place since January 1, and the Buyer must meet extra compliance examination from the Sellers.
 
Why This Newsletter?
 

As a communicator of over 36 years, the need for open discussion became apparent to me when I entered the business of facilitating relationships in this niche area of finance.
 
My philosophy is simple: when you create a good, clear and honest relationship between people, transactions have a better chance to happen.
 
Sadly in this arena, I have seen the exact opposite behavior fail time and time again. 

This includes brokers who do nothing more than leech onto a potential transaction but could care less about the long-term benefits of developing a solid relationship, to buyers who end up empty-handed because of their inflexibility to work with a seller. And, of course, 'sellers' who end up having nothing to sell. This world is insane and destined to fail 99% of the time, until someone puts a screeching halt and says, 'ENOUGH!'.
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Trust is always at the foundation for a true, strong relationship.
 _______________________

That holds particularly true when we are dealing with the financial underpinnings of our global economies.
There is just too much at stake to allow untrusted players to be involved. And, that's why most deals that are done are completed behind closed doors, privately, and quietly.
 
Integrity and Accountability are also ingredients of a successful relationship that spawns business  transactions.
 
Do what you say you will do. Better yet, don't TELL me, SHOW me. How we operate as human beings in the world of high finance ultimately decides how successful we will be.
 
I hope that this newsletter, brought to you occasionally as there is something to talk about or share, will provide a common basis for the creation of the type of relationship that makes for fertile ground in which deals can happen.
 
Enjoy, and please contribute your thoughts as well. I don't know everything-- learned that a long time ago. I am pleased to act as a medium for facilitating direct relationships between buyers and sellers.
 
And now that I am also a seller mandate, and a principal facilitator to a hedge fund plus a number of trade platform managers, I hope to set the bar higher for those who will work in this industry in the professional, competent way it needs to be worked.
 
 

Mike Weiner

Mike Weiner
President/CEO
PCC Funding
a division of PreConstruction Catalysts, Inc.
 

New Appointments As Seller Mandate, Principal Facilitator to Hedge Fund

PreConstruction Catalysts' CEO Michael Weiner has been appointed as a Seller Mandate to a registered Swiss trading house, with high-level trader access and private placement opportunities.
 
In addition, Mike is also a papered Principal Facilitator to a European Hedge Fund. This appointment provides another direct source for paper and adds to the growing list of providers that the company is working with directly.
 
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For The Principal Owner Of BG's and MTN's
______________________________________
 
If you own paper and would entertain selling it, we invite you to email your model LOI with the instrument specifications. In the event someone is looking for something fitting the description, please include your desired procedures.  The list of people potentially interested in speaking with you about your paper(s) is ever- growing. As an information exchange service, we put the Principal players together and stand aside. We deal only with the Principal or the Authorized Agent/Rep.
 
If you need to see some sample formats of documents that you would typically use-- again for informational purposes only- we have prepared a set that can be yours for downloading here.

 
If You Do NOT Yourself Own A Instrument, Please Do Not Reply To This! This is For Owner's Only.
NEW!!!  Subscribe To Our New FIRST ALERT Plan!
 
Our distribution list for this free newsletter has just exceeded 1,100 individuals around the world. Several of our readers cannot wait for the next newsletter and ask us to send them various opportunities as they come in.
 
Frankly, to send out special offers to people who want to receive them before the next newsletter is just not practical. That list is too long to sort and send each time something comes in. So we are now offering a paid FIRST ALERT opportunity for the serious and genuine reader who wants to get the offers we receive from our sources faster than weekly.
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There is a monthly fee for this service. $35/month, billed automatically to a credit or debit card. You can order the subscription service through Paypal.
______________________________________ 
 
What you will get:
 
  • Early notification of offers that we receive and believe, to the best our abilities to validate, as real. 
  • Strictly TIME SENSITIVE opportunities, either from our direct providers or others we have reason to believe are genuine.
What you WON'T get:
  • Your name sold or distributed 
  • Unrelated, irrelevant information.

There is a monthly fee for this service. $35/month, billed automatically to a credit or debit card. You can order the subscription service through Paypal.

Thank you for reading this. If this newsletter does not apply to your interests or business, please Unsubscribe at the bottom.
 
If this DOES have value to you, please share it with other reputable people who are principals in the business.
 
Sincerely,
 

Michael Weiner, President/CEO
PreConstruction Catalysts, Inc
DISCLAIMER: Sender is not a licensed United States Securities Dealer, Broker, US Investment Advisor or Commodities Trader. This electronic transmission and or attached documents are not to be considered a solicitation for any purpose in any form or content, nor an offer to sell and/or buy securities. And  is sent so as a request for information.
 
NOTE:  This communication is private, confidential, and between the parties.  It is not public disclosure and not a public offering.  It contains information which may be proprietary and privileged, and does not constitute a legal agreement, nor is it to be construed as legal advice or consulting.  Any review, re-transmission, dissemination or other use thereof, or taking of any action in reliance upon this information by persons or entities other than the intended recipient is prohibited. 
 
This material is for information purposes only, and is not a solicitation of funds to buy and/or sell Securities, nor a solicitation to provide financial services.  The afore-referenced instruments are not offered for sale herein.  We are not the Providers.  Bank Instruments are for private sale and do not come within the purview of security laws of any nation.
 

Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of  PCC Funding, Olney MD 20830.
An Information Service of 

PCC Funding

News, Views, Opportunities, Opinion. 
 ________________________

Nothing in this communication is to be construed as solicitation or an  offer to sell. Due to widespread fraud perpetuated by certain brokers, sellers and buyers, the information contained in this newsletter is provided with the caveat that all Principal parties are warned to beware and verify any items in this newsletter. This newsletter is a compilation of experiences and observations of the writer, and are not intended, nor to be mistaken, for legal or financial advice. Unfortunately, the industry has become fraught with individuals of questionable ethics and behaviors, so each reader must take responsibility for their own due diligence. Should you find a gross inaccuracy in one of the items, it is appreciated if you would let us know so it can be further researched and, if necessary, retracted, corrected, or validated.
In This Issue
Going to the Head of the Class
Buyers: Be Prepared!
Why THIS Newsletter?
Seller Mandate and Facilitator Appointments
Got Paper?
BG and MTN- From Trading House
Working With Us
 
FOR INFORMATIONAL PURPOSES: NOT AN OFFER TO SELL.
BANK INSTRUMENT DESCRIPTION
(We are the papered SELLER MANDATE) 

Opportunities for Bank Guarantees from HSBC starting week of January 4, 2010.Opportunities for MTN's opening from Deutsche Bank. Buyer's package as below with LOI sent to our secure email address for sensitive documents: paper@pccfunding.com. Questions should be emailed to info@bgmtn.com.
 
 YOU MUST BE A BUYER PRINCIPAL TO RECEIVE ANY FURTHER INFORMATION ON THE OPPORTUNITIES PRESENTED.
 
______________________________________________________________
MEDIUM TERM NOTES and BANK GUARANTEES- NEW ISSUE/ SLIGHTLY SEASONED/SEASONED 
Refer to GL011410-1
 
1       TOTAL AMOUNT       :   Fifty Billion Euro Currency (Euro 50-B) R & E.
2.      TERM                        :  MTN : Ten (10) Years and One (1) Day.
                                                BG: 1 Yr
3.       INTEREST              :    MTN:  7.5% (Interest paid by issuing bank).
                                               BG: Zero
4.       PRICE                     :    65-85%+1%+1% of face value*;
 
1% commission will be paid by Buyer, each 0.50% for seller and buyer side intermediaries.(Both parties and their intermediaries will take their own responsibility for payment of necessary taxes).
 
 5.       INSTRUMENT       : Irrevocable, transferable, and divisible Medium Term Debenture Notes (MTN) issued by Top 25 Western European Bank (Deutsche Bank, HSBC, et al) at each face value. Bank Guarantees as agreed face value by both parties, beneficiary decided by Buyer.
 
 *Pricing changes every other day. Pricing is locked ONLY upon acceptance of the complete Buyer's package by the bank.
 
GENERAL PROCEDURES:
 
All transactions are done Delivery Versus Payment (DVP), Euroclear Screen, Block and Pay (SBP) via MT103 or per specific bank requirements. 

 1. Buyer submits Client Agreement w Trading House. (YOU MUST REQUEST THIS DOCUMENT FROM INFO@BGMTN.COM)
 
 2. Buyer submits Letter of Interest/Intent/Request;
     a. Banking Coordinates for Bank to Bank verification of funds
     b. Client Profile (CIS)
     c. Non-Solicitation Declaration
     d. Authorized Signatory's Passport Copy (Color)
     e. Board Resolution for Signatory Authority 
     c.  Upon acceptance and execution of the Buyer's qualifications and due diligence, Seller issues a formal set of required documents as per each seller's policy. Buyer completes all required documents that have not already been prepared.  Seller and Buyer Principals communicate directly after receipt and acceptance of the Buyer's offer.
 
 
 GENERAL PROVISIONS
 
1.    The Force Majeure clause of the relevant publications of the International Chamber of Commerce, Paris, France ("ICC") applies to this transaction.
2.    This is Full Recourse Commercial Commitment Document, enforceable under the laws of the countries in which both the buyer and the seller are located and such countries' applicable laws shall govern the performance, execution, interpretation, enforceability, validity of this Agreement and any other such matter in its regard.
3.    There shall be no unauthorized communication to or between the Buyer's and Seller's banks.  Any violation of this provision shall automatically void the transaction.
4.    This transaction is for the purchase of Bank Guarantees and is to be considered a private transaction.  It shall not be construed or interpreted as a securities transaction as defined by the United States Securities Act of 1933/34, as amended, or as defined by the laws of any other nation or jurisdiction.
5.    Both parties confirm that each is fully empowered, legally qualified and duly authorized to execute, to deliver this document, and to be bound by its terms and conditions.
6.    All e-mail and facsimile copies of this document, when fully executed, are considered as original documents and are legally binding and enforceable.
7.    Banking co-ordinates shall be kept strictly confidential and are not to be used in any manner whatsoever other than in connection with the proper conduct of this transaction.
8.    The Transaction, security, Buyer's and Seller's codes in this transaction shall remain the same and shall not be changed until this transaction and any and all rolls, extensions or additions have been completed.
9.    All matters regarding collection, payment and delivery of documents not mentioned in this instrument will be conducted in accordance with normal banking practices and procedures.
 
PCC NOTE: The above is made part of the Buyer's Letter of Intent. If YOU are a qualified buyer principal interested in more information, email your questions to: info@bgmtn.com. PLEASE RESPECT OUR DESIRE TO COMMUNICATE DIRECTLY AND ONLY with the Principal. Only 1 intermediary is allowed to bring the Principal to the table, at which point they must remain outside of the communications that will go back and forth between the Principals. We are compensated on the Sell side.
Quick Links

How We Work

Or... The Rules Of Engagement

 
FIRST RULE:
 
NO PHONE CALLS!!!
 

EMAIL IS THE BEST WAY TO START A CONVERSATION!
 

 SECOND RULE:
 
NO BROKERS OR INTERMEDIARIES WHO ARE NOT DIRECT! NO CHAINS WHATSOEVER!
If The Person You Are Talking To CANNOT WRITE A CHECK OR SIGN A CONTRACT.... Please Do NOT Waste Yours or Our Time. 


 
I am DIRECT to several trading houses, hedge funds and other sellers of paper.  As a Seller Mandate for one trading house,  I am connected generally either to the provider's principal, or rarely no more than 1 away from the person who can sign the contract. I do not accept offers of paper from non-principals!
 
Unfortunately, it seems to be a regular occurrence where people claim to have the ability to deliver a product and truly don't... most of the time due to their misrepresentation, some of the time due to circumstances beyond their control.
 
In order to effectively put a Principal buyer together with a specific opportunity, we ask each buyer to complete the downloadable request form-a "wish list" if you will, for each of the paper they are looking for. 

The more specific the description of the instrument the buyer wants, the closer we can come to finding them what they are looking for. Otherwise, it's like walking into a grocery store filled with thousands of items and asking someone to 'show me what you got'. Waste of Time.
 
As buyers and sellers come together, they can be directed to each other when there is a fit that is close, or exact. If you know where you are going, getting there is a lot easier.
 
For legal reasons as mentioned above, paper sellers want to see the Buyer prepare either a Letter of Request or an LOI.

Some Buyers ask that the Seller provides some kind of letter or ISIN or CUSIP numbers. What they don't realize by asking that is they ask the Seller to SOLICIT an offer. Until a Seller has cleared the Buyer and his/her money, and provided a non-solicitation statement, the Seller can be looking at fines or jail time.

The Sellers are very cautious about this, even if the particular instrument is not subject to Solicitation rules. They tend to err on the side of caution.
 
This opens the door for a conversation once the seller has had a chance to look over the buyer's request and do a quick due diligence check. It helps even more if a Non-Solicitation Letter or clause is included to better ensure compliance.
 
Because the seller of an instrument is usually prohibited by regulations from soliciting, or appearing to solicit, someone to buy their paper, all initial interest in it  must FIRST start from the buyer.
 
In addition, post-911 "Know Your Client" rules require that a Buyer and his money be Cleared and Clean through Homeland Security and the Treasury. The seller cannot send out a LOI or other documents without first having been approached by the buyer prospect, then clearing him.
 
So many buyers want to see the sellers informatio first, they don't realize they are actually asking for the seller to break the law!
 
This is many times the reason a buyer is unsuccessful.
 
Without even knowing it, they have demonstrated a lack of understanding of the manner in which a transaction is facilitated, and sent that message to the seller, who naturally will decline any reply or response.
 
The role that I play is to facilitate the information about a buyer to an owner or seller of the paper desired, which helps overcome the issue of putting the seller at legal risk for being seen as soliciting.
 
If I am not acting as the  principal in the deal, simply providing the opportunity for a meeting of the minds with a buyer/seller is much like posting a "Want to Buy" notice, and having that delivered personally directly to a possible opportunity.
 
In the case where other intermediaries might be involved in bringing the end buyer to the table, they must stand back immediately and allow for direct conversations to be facilitated with the buyer principal. However, if there is a chain of more than one broker between the Principal and you, we will NOT be interested in it.
 
Group conference calls and broker interference in any way automatically kill the deal. If there is no one on the phone who can sign a contract or write a check, there is no reason to talk.
 
Compensation is generally broken into two categories: Full Share and Referral Group.
 
A Full Share of a box may be shared by those who are doing the heavy lifting in a deal, versus those would be considered a Referral Fee recipient-making a phone call or email to introduce the parties is not an entitlement to a full share of a box. GREEDY BROKERS AND MANDATES KILL DEALS AND LOSE CREDIBILITY! It is better to take a small slice of a pie, than to have no pie at all.