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Electrum Inc. | Communication to The Federal Reserve System

Odinson

Moderator
GA Member
World Power
Jul 12, 2018
9,857
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ELECTRUM INC.







TO: Gabriel Friday, CEO of Electrum Inc.
FROM: Avery Black, Vice Chair of The Board of Governors of The Federal Reserve System

Vice Chairman Black,

I am writing to you with the blessing of the Board of Director's of Electrum Incorporated. Our company is looking to acquire a majority share of Huntington Ingalls Industries. Electrum is based only in the United States and only employs American citizens. We are looking to acquire a loan of $15,200,000,000.00. Please feel free to contact me at your earlier convenience and see our mailing address below.

1 WTC
105th Flr.
New York, NY 10048​

Best regards,

Gabriel Friday
CEO of Electrum Inc.
 

Odinson

Moderator
GA Member
World Power
Jul 12, 2018
9,857
1920px-Flag_of_the_United_States_Federal_Reserve.svg.png
1024px-Seal_of_the_United_States_Federal_Reserve_System.svg.png
1920px-Flag_of_the_United_States_Federal_Reserve.svg.png



OFFICE OF THE VICE CHAIR



SECURE

TO: Gabriel Friday, CEO of Electrum Inc.
FROM: Avery Black, Vice Chair of The Board of Governors of The Federal Reserve System

Mister Friday,

The Board of Governors has reviewed your corporation's filings with the IRS and the business plan that you submitted earlier. Considering the membership of the Board of Directors of Electrum, your cooperation's plans to cooperate with the Federal Government, the letter of approval from the Secretary of State and the SEC, and your service in the United States Navy, I am pleased to inform you that The Board of Governors has unanimously approved a line of credit of $15,200,000,000.00 to Electrum Incorporated - we have received special dispensation from the White House and Congress. We normally only offer loans over periods of: 3 months, 4 months, 5 months, and 6 months. However, because of the size of this loan, we will also offer an option for a repayment window of [1 year]. Below are the repayment requirements for each one of those loans:


(3 IRL)-Month Loan Repayment
Payment 1: $5,522,666,667.00 on [February 29, 2024]
Payment 2: $5,522,666,667.00 on [March 31, 2024]
Payment 3: $5,522,666,667.00 on [April 30, 2024]


(4 IRL)-Month Loan Repayment
Payment 1: $4,256,000,000.00 on [February 29, 2024]
Payment 2: $4,256,000,000.00 on [March 31, 2024]
Payment 3: $4,256,000,000.00 on [April 30, 2024]
Payment 4: $4,256,000,000.00 on [May 31, 2024]


(5 IRL)-Month Loan Repayment
Payment 1: $3,496,000,000.00 on [February 29, 2024]
Payment 2: $3,496,000,000.00 on [March 31, 2024]
Payment 3: $3,496,000,000.00 on [April 30, 2024]
Payment 4: $3,496,000,000.00 on [May 31, 2024]
Payment 5: $3,496,000,000.00 on [June 30, 2024]


(6 IRL)-Month Loan Repayment
Payment 1: $2,989,333,334.00 on [February 29, 2024]
Payment 2: $2,989,333,334.00 on [March 31, 2024]
Payment 3: $2,989,333,334.00 on [October 31, 2023]
Payment 4: $2,989,333,334.00 on [April 30, 2024]
Payment 5: $2,989,333,334.00 on [May 31, 2024]
Payment 6: $2,989,333,334.00 on [June 30, 2024]

(12 IRL)-Month Loan Repayment
Payment 1: $1,722,666,667.00 on [February 29, 2024]
Payment 2: $1,722,666,667.00 on [March 31, 2024]
Payment 3: $1,722,666,667.00 on [October 31, 2023]
Payment 4: $1,722,666,667.00 on [April 30, 2024]
Payment 5: $1,722,666,667.00 on [May 31, 2024]
Payment 6: $1,722,666,667.00 on [June 30, 2024]
Payment 7: $1,722,666,667.00 on [July 31, 2024]
Payment 8: $1,722,666,667.00 on [August 31, 2024]
Payment 9: $1,722,666,667.00 on [September 30, 2024]
Payment 10: $1,722,666,667.00 on [October 31, 2024]
Payment 11: $1,722,666,667.00 on [November 30, 2024]
Payment 12: $1,722,666,667.00 on [December 31, 2024]

If Electrum Inc. misses a payment, then that individual payment, it will have a 20% penalty of added to it, and it must be paid on or before the next payment date. Subsequent delinquencies will also incur a 20% penalty. Your government may issue payments early - before the payment dates - without any penalty.

If Electrum Inc. chooses one of the above options, agrees to repay the loan on those dates, and agrees to the terms in this message, then I can authorize a wire transfer of $15,200,000,000.00 to the Electrum Inc. as soon as possible. If you have any concerns or questions, I will be happy to assist.​

Best regards,

Avery Black, Ph.D.
Vice Chair of The Federal Reserve System
 
Last edited:

Odinson

Moderator
GA Member
World Power
Jul 12, 2018
9,857
warship-silhouette-000000-md.png

ELECTRUM INC.







TO: Gabriel Friday, CEO of Electrum Inc.
FROM: Avery Black, Vice Chair of The Board of Governors of The Federal Reserve System

Dr. Black,

The Board and I are thrilled to hear that you have approved a loan for Electrum Inc. We will take last repayment option of [12 months] that you submitted to me. Once The Federal Reserve wires the money to us, we will immediately begin the process of acquiring a majority share of Huntington Ingalls. Thank you for your time, and I look forward to doing business with you in the future. If you need anything, do not hesitate to contact my office directly. Please give the Chair my best.​

Best regards,

Gabriel Friday
CEO of Electrum Inc.
 

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