Greetings!
If you are in the USA or some other unseasonably COLD place in the era of global warming where everything is getting cooler, I trust you are keeping warm and have a good wood stove and woodpile ready (just in case).
As it seems to happen every winter, Jack too has had the usual challenges getting on site to work on the servers and other logistical work we are doing.
Part of Plan B is to change this situation in 2019 as well.
We have been talking to 'Singapore' (our Asia partners) about setting up facilities here in Asia which would provide another layer of security and give Singapore more control over their situation as they structure themselves to bring in clientele from around the globe.
As you know, Singapore is a very respected world financial centre and this respect comes from taking client capital safety very seriously.
This is good.
Once everything is perfectly aligned to Singapore's rule and regulations, we expect the floodgates for new capital will open.
SINGAPORE TRADING...FINALLY
Singapore is FINALLY taking trades and it is going well and by next month we should start to see their account in full swing.
We plan to let their account gather some momentum before taking any performance fees.
The first few months, all performance fees will go to the broker to top up the BSFX float. Once that is done, WE can finally start to get paid.
That is when revenue share will also begin and will make another milestone on this LONG JOURNEY (much longer than we ever imagined for sure!).
BUILDING RELATIONSHIPS
In Asia, business starts with consolidating solid trust relationships.
After overcoming many challenges since the Spring of 2018 to get Singapore up and trading, the process has also helped us all to get to know each other a lot better.
If you will recall, early in our beginnings, we talked about a vision of seeing ALICE be an instrument for spreading some good cheer capital around where it can improve the lives not only for Diamonds, but also for all the people they touch and for the projects they hold dear to their hearts.
Well, Singapore is right there with us.
So, we are very happy to be working with a group with good heads and good hearts.
We have had our share of greedhead billionaires wanting to buy us out tomorrow just to expand their own power and lust for more. We declined every time, no matter what the offer was.
THE PLAN IS TAKING SHAPE
In our last meeting with Singapore we covered a lot of territory and had a chance to review their business plan.
Essentially,
once everything is compliant, it becomes much easier to attract
significant capital investment and open it up to the world market ( the minimum will be $50,000 USD) for this
fund.
It
will start with millions, tens of millions, hundreds of millions, and
ramp up into the billions. The MINIMUM Singapore wants under management 5
years later is $500,000,000.
We expect that over time, we will be working much
more closely with Singapore and see them as growing into our main
GLOBAL marketing arm which functions compliantly within the strict rules
that the jurisdiction of Singapore imposes.
They are also now playing an important role in helping facilitate Plan B.
TRADING LIMBO
Since the 'bank leverage' issue, trading has been like a slow moving train. There is a sense of forward movement, but very slow.
Of course, it is not at all characteristic of what ALICE can do.
There are several things at play here and it is rather complicated to explain.
Most of it comes down to PLAN B.
So, all I can say is expect a little more of the same until Plan B is finally accomplished. Once that is done, we are going to see trading get MUCH better.
Plan B is the #1 Priority right now.
PERSISTENCE
You can imagine that we can see clearly where we want to go, have a plan to get there, and that we won't give up until we get there... and that it will all be well worth it.
We would not be wasting our time and money if we did not think so.
So, we forge on and still look forward to meeting you all on our first Diamond Hot Spring retreat in Japan! :) | 
