PPE
Let’s advertise your offers !
Please click the ”Post” button below !
Organizer:
- Organized by
-
-
Cranberry Evolve 300
-
Cranberry Evolve 300
Cranberry Evolve 300, 12 billion boxes Lots, divided into lots of 1B 🌏
💰 $20.00 USD, all ín 💰 **Please be aware price reflects the increased pricing in the PPE market. For smaller lots, price is: Cranberry 5 B 18.70 all in, 10 B 18.50 usd all in, 100 million boxes, 25,3 usd all in. (For Cardinal MOQ is 17 all in). For all products mark up is allowed and 20% is given back to broker team.
Commission structure: 46 percent open. BACKED takes facilitator box of 4 percent.
🔷 Seller Background Story:
▪️ Canadian citizen a 6th generation trader – having finance background, a fund raiser worked for tier one companies listed in Bloomberg. Completed more than 73 PPE deals. One of the most respected in industry. We are direct with the seller mandate who works inside the seller company. Prices are a little higher than some of the many (often fake) offers in the market, but 100 percent real. SOP is very strict, and has to be followed. Seller has over time found that this SOP works perfectly and makes the deal close successfully.
✅ SOP: 🔐
1.
SOP on Sale of Product
1) Parties agree to price and quantity and buyer signs SOP
2) Buyer sends NCNDA, Seller coordinator will provide seller detail
3) Buyer sends LOI, ICPO, and LOA as to funds
4) Buyer Side Completes draft IMFPA
5) Seller does verification on Buyer documents and due diligence
6) Seller sends LOA to Buyer as to existence of Product
7) Buyer sends: BCL
a. Must be from Tier 1 American or Canadian Bank
b. Funds must be in America
c. BCL’s from non banking firms will not be accepted. BCL’s need to be from a licensed and certified bank in America / Canada.
d. BCL needs to be from well (highly) ranked “Tier One Bank” (https://www.usbanklocations.com/bank-rank/tier-1-core-risk-based-capital.html)
8) BCL Verification by Seller
9) A2A (within 72 hours), during which SPA ESCROW discussed and SGS discussed with Buyer’s Attorney.
10) Redacted SGS provided to Buyer through Buyer’s Attorney
11) SPA and Full IMPFA are signed by both parties.
12) W9 / W8 / W7 ITIN as appropriate and KYC document by Buyer and by all Intermediaries and other parties that appear on IMFPA as payees
13) Funds are transferred into Escrow account as per A2A discussions. Location of escrow account agreed to between Attorneys (either Buyer’s / Seller’s / or Independent attorney escrow)
14) Full SGS provided and Buyer can do physical inspection / verification of goods at warehouse
15) After satisfactory inspection, funds released to Seller and Title to Product is transferred to Buyer
16) Buyer responsible for storage and other charges after Title transfer.
17) Facilitators and Intermediary Commissions paid 3 banking days after Delivery and Acceptance (if delivered in tranches then per tranche)
****** Other: No Foreign Banks (except Canada)
Please note that this is a general SOP that we use.
Our SOP changes from transaction to transaction depending upon the details of that
particular transaction
Sop may change at any time without notice and the new SOP terms will apply to the
Order. SOP must be signed when engaging.
Written by Kevin Yunai, Founder Backed Holding Ltd, +45 71 71 49 00, Sunday May 2. 2020.
——————————————————
*🌷 Cranberry OTG 🇺🇸 $20.00 All In, incl 10 percent commision, 12B Lot-12 lots of 1B*
*💰 46% Buy side open, starts with me*
*🔷 Seller Background Story:*
▪️ Seller is a Reseller, Attorney/Wells Fargo Bank, USA.
▪️ Back 2 Back transactions, sometimes may take title.
▪️ Canadian citizen, lives in the US, finance trading background.
▪️ Closed 73 PPE deals, very respected.
▪️ Direct with SM>Reseller.
▪️ Higher prices reflect current market conditions.
*✅ SOP – 20 Step Process: 🔐*
1. SOP and Pricing for this quantity and Sale of Product accepted by the Buyer. Buyer channel agrees to available commission pool
2. Buyer sends NCNDA
3. Buyer sends LOI, ICPO, and LOA as to funds
4. Commissions agreed and first Draft IMFPA completed by Buy side
5. Sell side countersigns the NCNDA
6. Buyer Documents emailed to the Seller including Draft IMFPA and Transaction Excel spreadsheet
7. Seller does verification on Buyer documents and DD (48 hours)
8. Seller confirms details with Titleholder (24 hours)
9. Seller sends LOA/RWA to Buyer as POP
10. Buyer sends BCL
_a. Tier 1 USA/Canada Bank_
_b. Funds must be in USA_
_c. BCL’s from licensed and certified USA/Canada Bank_
_d. BCL from Tier One Bank_
11. BCL Verification by Seller
12. A2A (72 hours after verification of BCL), during which SPA ESCROW discussed and SGS discussed with Buyer’s Attorney
13. Redacted SGS provided to Buyer through Buyer’s Attorney
14. SPA and Full IMPFA signed by both parties.
15. W9/W8/W7 ITIN as appropriate and KYC document by Buyer and by all Intermediaries and other parties that appear on IMFPA as payees
16. Funds are transferred into Escrow account as per A2A discussions. Location of escrow account agreed to between Attorneys (either Buyer’s/Seller’s/or Independent attorney escrow)
17. Full SGS provided and Buyer can do physical inspection/verification of goods at warehouse
18. After satisfactory inspection, funds released to Seller and Title to Product is transferred to Buyer
19. Buyer responsible for storage and other charges after Title transfer
20. Facilitators and Intermediary Commissions paid 3 banking days after Delivery and Acceptance (if delivered in tranches then per tranche)
*✅ Important notes:*
▪️ Please note that this is a general SOP that we use. Sellers SOP may change from transaction to transaction depending upon the details of that particular transaction and requirements of the Titleholder. SOP may change at any time without notice and the new SOP terms will apply to the order. Buyer will be asked to sign the SOP.
▪️ No Foreign Banks (except Canada)
_KYU 5/2_
-
0 Replies
Sorry, there were no replies found.