SunStone Equity NV
wirantalaan 8A, Dirkshoop Groningen, Suriname
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General Information
Locality: Groningen, Suriname
Phone: +1 778-835-9974
Address: wirantalaan 8A, Dirkshoop Groningen, Suriname
Website: www.sunstoneeqty.com
Likes: 37
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Safe Keeping Receipt's (SKR's) Just for clarification, Safe Keeping Receipt's, or SKRs, are bank instruments that are on the rise as collateral for alternative financing. A SKR is a financial instrument that is issued by a safe keeping facility, bank or storage house. In storage, assets or other valuables are in a safe, secured and protected area. The issuer of the SKR takes the responsibility of being the legally responsible custodian. The issuer of the SKR is not the legal ...owner and therefore, must return the asset to the owner upon request. Who can obtain an SKR? Individuals, corporations, companies, organizations and trusts to name a few. The owner of an SKR may monetize this instrument much like an SBLC, LC, Bond or BG and use these funds as an alternative funding source for projects. Most issued SKR are capable of SWIFT transfers however, some may require an additional MT 760 simultaneous to the transfer of funds in the transaction. With these very crucial points in place, monetizing your safe keeping receipt can be a safe transaction because in most circumstances, you don't move your asset or give up control. Any fees associated with monetizing your SKR should be paid out of proceeds and not upfront. For many reasons, you should never make arrangement to SWIFT or transfer your SKR to any one or company without first having a contract in place or knowing the company you are dealing with. Monetizing your SKR can be a solution to alternative conventional financing.
Our ongoing investment into the tropical flower Industry where we have been since 1998... we are supporting two new expansions one is a farmers co-op and the other a North American Distribution Center: www.unitedflowerfarms.com and www.spectrumtropicals.com.... If you have any friends that grow flowers we are interested in talking to them...let us know!
The future of the cannabis Industry In April 2019, the North American cannabis industry was riding high. The stock market value of public cannabis companies had tripled over the last year and a half. Investors observed legalization sweeping the US, and saw the opportunity to get in on the ground floor of an industry projected to become worth tens of billions of dollars. Over the next year, the cannabis bubble would burst. For many companies it would be a full-on disaster. Of ...Continue reading
Rainy season... covid19... pff work has almost been halted waiting on free movement again... future looks bright for SU and Tibiti Minerals Inc. Had to get rid of some rotten apples with limited vision and sticky fingers... never seizes to amaze me how some people’s mentally is.. do not care about nothing but themselves and when you cut them out you become the bad guy! Anyhow ... world is full of them...let’s hope we can contribute to the development of SU and build a great company!
Very successful mtg with several ministers and the Prime Minister of Barbados... got a chance to extend a copy of my book to her... our business and projects are all supported and assistance is assured from her government. @ Barbados Island
Side visit to a client and demo of a piece of equipment we are buying for our Silica mines in Suriname. @ Suriname
A sober perspective on what's to come...
Our new sand mine in Guyana
Morgan Stanley is very bullish on Suriname and the future of its oil exploration.... we at SunStone Equity hv already benefitted from this fact as we were an early investor in Apache Oil..... which gained over 25% in a single day.. yesterday... the $55.00 target is very real!
Big Oil’s big challenge For all the bad rap they get, fossil fuels are the perfect way to store energy. They are cheap to extract, easy to transport, and, to use them, you can just light them on fire. In addition, no other form of energy storage comes close to the energy density of fossil fuels. Batteries are far less convenient. They are bulky, need lots of metals, and require sophisticated technology to use. But battery technology has made huge progress in the last 30 years.... Lithium-ion batteries are only an order of magnitude worse than oil in terms of energy density. Given enough time, batteries can beat out fossil fuels both on economic terms and technology terms. Eventually, fossil fuels will start to run out and thus become more expensive. And battery chemists will continue to increase the energy density of batteries to get within spitting distance of fossil fuels. But the ravages of climate change have installed a limit on how long we could wait for the transition to happen. Without cutting carbon-dioxide emissions, many large parts of the planet could become uninhabitable for humanity within a century. We just don’t have the time to see the technology fight play out. That’s why the battery revolution isn’t being driven simply by economics, but also by regulation. Big Oil has a history of fighting and often defeating regulations that threaten its business model. This time, however, it seems unlikely they stand a chance against the harsh realities of climate change. Big Oil can either fight the ascendancy of batteries, or help fight climate change instead.
Viewing equipment for our Suriname mining operations... a demo was arranged to show exactly how a screen-er works.
My good friend Victor....
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