By IBNN: August 2015
Mr. Simon Taylor, CEO of the Summit Network Group business chamber says the SNG Global Dollar Currency Financial System (sngglobaldollar.blogspot.com) was developed by Professional Investors Group (PIG) in 1994 to allow its associate members to make swift, efficient, effective, private and autonomous payments in large international corporate investment transactions such as the providing of International Capital Guarantees, Corporate investments, M&A, Corporate Takeovers, MBO, MBI, LBO, Property Developments, Commodity transactions, Corporate Expansions and Business Loans without the constraints of any applicable bureaucratic political restrictions and interference, or onerous international financial or forex regulations, or prolonged cross border money transfer procedures.
The SNG Global Dollar Certificates were first introduced by PIG as a financial instrument similar to a bearer bond, and became a virtual currency following the merger with Summit Network Group in 2007.
Mr. Taylor reiterated that the Global Dollar Currency Financial System, international banking and payment division of the G500 Private Investment Group, is the first and largest as well as most successful virtual currency of its kind in the world today.
He says the current (August 2015) market capitalization of the SNG Global Dollar Currency Financial System is 50 Billion US Dollar, which is envisaged to grow to 255 Billion US Dollar when the expansion phase is concluded during 2017.
“The SNG Global Dollar Currency Financial System is not a regulated investment scheme, yet Venture Capital Firms, Investment Banks, Corporate investors, Institutional investors and individual investors are queuing to purchase SNG Global Dollar Certificates”.
According to Mr. Taylor the most significant advantages of SNG Global Dollar Certificates are:
“The value is guaranteed, which is creating a huge demand for the SNG Global Dollar Certificates.”
“It being the easiest; and fastest as well as most efficient and cost effective way to provide capital guarantees on international business transactions.”
“It being the only way one could engage in various kinds of lucrative corporate investments in foreign countries, if absolute privacy and confidentiality is required.”
“It being the best alternative to protect capital against volatile financial markets and that of financial institutions.”
“Its zero transaction fees in comparison to that of banking and other financial institutions.” “Its global liquidity as currency, as it is easy to buy and sell through SNG Exchanges as well as extremely easy to verify.”
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