UPDATE – WangDang Demoted to "Hack Guru" Status!!!! WangDang What On Earth Were You Thinking Saying That!!!

UPDATE: June 25, 2012 – We as of yet have not received any retraction or explaination from WangDang regarding his recent conference call (about 10 days ago) when he whipped up many Dinarians with old and outdated news articles that he used as “new” articles, basing his speculation that the RV was really “close”, maybe even that coming weekend!

Since we have not been given any retraction or apology to the Dinarian Community, we have chosen to demote WangDang down to “Hack Guru” status, and have removed him from our list of reliable Conference Call providers.

~ Mr. IQD

We really like WangDang and his normally even-minded analysis, however, today with a very heavy heart we must point out some flaws in WangDang’s current analysis of the news and his Conference Call from yesterday, June 14th. 

You can listen to the replay of his call if you wish to know what we are talking about.  (530) 881-1399 PIN# 111646

We feel it is NOT FAIR to get people’s hopes up by saying that it will happen in the next few days – we strongly wish it would, don’t get us wrong, however the indications are that we quite easily could be waiting until July (see our “Hurry Up & Wait” Article).

WangDang is basing his opinion that we will see a significant increase in value (or even a RV) within the next few days!!!  His opinion is based on two very flawed articles which we will refute below with our facts.


ARTICLE 1:   Urgent, urgent … Maliki agrees to implement the Convention on the abolition of the requirement of Arbil confidence!!

14/06/2012 14:17

Said President Jalal Talabani on Thursday that Prime Minister Nuri al-Maliki and the list of National Alliance officially told him to prepare for the implementation of previous agreements, including the “Letter of Arbil,” except where stated on the issue of withdrawal of confidence from the government.
A statement issued by his office received a copy of it for Talabani as saying that “paper presented to the meeting of Irbil in 28/4 included nine items, including a proposed withdrawal of confidence,” explaining that “the proposal was directing the paper to the National Alliance, and not to the House of Representatives, in the absence of to deal with them so they can be a positive display the subject of withdrawal of confidence. “
The statement continued, “The authors of the paper suggested that the notice will be given one month to respond to (…) and after discussion it was agreed over a period of two weeks.”
The statement said that “President Talabani received official notifications from the National Alliance and the Prime Minister to prepare for the respect and implementation of previous agreements and taking into account the paragraphs in (a Arbil), except paragraph no confidence.”
The leader of the Iraqi List, Iyad Allawi has said earlier that the issue of withdrawal of confidence from the Prime Minister was a proposal from the President of the Republic of Iraq, which he denied the presidential statement, which promise “contrary to fact and reality.”
SOURCE = http://www.qeraat.org/ArticleShow.aspx?ID=3726

Notice this is posted from “qeraat.org” which according to the WhoIS Database is a website started on November 15, 2011 and is based in the United Kingdom, not Iraq!!! https://who.securepaynet.net/whois.aspx?domain=qeraat.org&prog_id=GoDaddy

This is the only “Source” for this article that we have currently found – no Iraqi BASED, legitimate News source has printed this as of yet! 

If you find one, please let us know.  So, why would you trust a news source BASED IN THE UK and is just over 7 months old???  Especially when they are the ONLY news source publishing this information???

UPDATE:  One of our readers just sent us an email pointing out that qeraat.org is the same source that said Allawi was in the hospital on June 8th – and he was clearly at meetings that day! 

Not an accurate or reliable news source!  Thanks for the extra tip reader 🙂


ARTICLE 2:  Smart Card Payment System Launched in Iraq
Thursday 14th June 2012

Johannesburg, South Africa-based Net1 UEPS Technologies has launched a smart card payment system in Iraq. Net1 has developed a platform for unbanked consumers called the Universal Electronic Payment System (UEPS).
Consumers are issued with biometric UEPS smart cards, so that they can have welfare payments and other fund transfers loaded onto their cards. They can then use the cards for purchases at POS terminals, authenticating themselves either with a PIN or at a fingerprint reader.
Net1 says that the first Iraqi UEPS transaction was performed on August 3, 2008, in Baghdad, during the launch of the UEPS smart card technology with two Iraqi state banks, Rafidain Bank and Rasheed Bank.
The launch, which was attended by executives from Rafidain Bank, Rasheed Bank, the Iraqi government, the War Victim Ministry and the Martyrdom Ministry, demonstrated smart card registration; biometric enrolment and issuing of UEPS cards; offline loading of wage payments and government grants to the UEPS cards; and dispensing of cash.
A pilot project involving 100,000 beneficiaries is now ready for implementation across selected Iraqi bank branches, Net1 says. The pilot will enable the distribution and payment of government grants to war victims and martyrdom beneficiaries, as well as salary and wage distribution and payment to employees of the two state banks.
Net1 has already launched its UEPS system in South Africa and Ghana

When we looked at the url ID# (“id=6436) we noted that from the home page of this website the current news links are “id=7430” (although listed in a new format) – a thousand higher than “6436”!

We did a very simple Google Search and quickly searched back as far as to August 29, 2008 —  LINK:  http://www.wired.com/beyond_the_beyond/2008/08/electronic-paym/

Yes, this EXACT ARTICLE + MORE was posted on Aug 29, 2008 by WIRED.com!!!

WangDang, why didn’t you just do a very simple Google Search to validate this? 

We really like you and still don’t consider you a “hack guru” like those scum created by Beth Ogle like Okie, Bulldog75 and other hacks like JonnyWG – but this is a pretty serious gaff on your part. 

We really hope you retract your bold statements made last night, using an opportunity to do so on your Saturday Morning Call – it would be the responsible thing to do….  Right?

~ Mr. IQD


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