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Strategies & Market Trends : Player's Club Speculative Futures -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (112)2/2/2000 10:40:00 AM
From: Chip McVickar  Read Replies (1) | Respond to of 185
 
GZ,

John has Fedexed the signature package to me and it should arrive today.

If it pulls in early..., it could be mailed off this afternoon, if not then early Thursday morning.

This should get the money wired out on time.

Chip



To: GROUND ZERO™ who wrote (112)2/2/2000 7:33:00 PM
From: Bull RidaH  Read Replies (5) | Respond to of 185
 
Paul,

Looks like we're whistling on the launching pad for 12 days starting tomorrow. Federal bank regulations require funds from personal checks written from accounts not within the bank's district be held for 11 days from the date of deposit. Asking the partners who sent personal checks to replace them with cashiers checks would be expensive and troublesome for each partner, so we'll just wait it out. Chip signed the bank documents today and overnighted them to me, so I should be able to get the checking account open tomorrow so we can deposit the checks.

In the meantime, we'll complete the brokerage account and partnership documents and send them to the broker. It should take several days for these documents to be reviewed and processed, and a brokerage account # created and issued.

We'll be using Carolina First/Anchor Bank (in process of merging)for the partnership checking account, and Jack Carl Futures as our primary brokerage. An updated timetable will follow.

Regards,

David