I think it may be beneficial for people here who have not dealt with Royal Silver Company to read the Membership aggreement Brian was good enough to set up for members who could not afford a full membership. You will note in here that it states NO PAYMENT IS REQUIRED FOR OPTIONAL COINS UNTIL AFTER DELIVERY
We will administer each individual's optional coins. Each individual in the group can order their optional coins from our website up to the allotment that their divided share allows. That way each individual can chose his or her spot price, independent of the other individuals. Our software will keep track. For example: if a Membership is divided into 4 individuals, then each individual invests $1,250 and can order up to $1,250 worth of our coins at $3 over spot at the time of their choosing, per year. If divided into 2 individuals, each invests $2,500, and can order up to $2,500 worth of our coins at $3 over spot at the time of their choosing, per year. We will administer optional coins, so that no individual can take the allotment of another individual in the same group.
Members' optional coins ship within a few weeks of the order, and only after the optional coins are received do the Members pay. We will invoice each individual and keep track of payments. Shipping on optional coins is not free. Free shipping is only for the free coins. But we only invoice our actual shipping costs--we don't make money on shipping. If an individual stiff us for shipping and free coins, we will be upset--please tell everybody that we will treat them the same way we would expect to be treated if we were in their position, and we expect to be treated the same. Mutual respect and honesty.
NO DISCOUNT: The cost is $5,000 for a divided Membership, no exceptions.
4 FREE COIN AT A TIME: If you have 4 individuals per Membership, we will send 4 free coins up front and then 4 free coins every 4 months, so each individual gets a free coin at the same time. If 2 individuals per Membership, we will also send 4 coins up front and every 4 months, and each will get 2 free coins at the same time. We send free coins up front with the certificates to save on shipping and we send 4 months at a time after that--again to save on shipping.
FREE COINS WILL BE SENT TO
ONLY ONE ADDRESS: However, we won't mail free coins to each individual, because our shipping will be too high. We will send the free coins to one address (yours would be best) and you can send the free coins on from there to each individual. We will pay free shipping from Bolivia to you, from that point on you should charge the individuals for your local postage. We will tell you which coins are for whom, so you don't have to keep track. We will keep track and clearly label each free coin, individually wrap them, and even make out shipping labels for you. Again, you won't have to do anything, except stuff a few envelopes and go to the Post. My staff will handle everything.
CERTIFICATES: We will make 4 copies ( or 2 copies) of the same certificate number, but with each individual's name on their own certificate, so that each individual will have an original binding contract with us for the amount of their investment. The certificates and the first free coins will be sent via USPS Express Mail to you. You will then send out to each individual their certificate and free coin(s).
REFUNDS: And each individual can get a refund for the amount they invested in the Membership, independent of the other individual(s) grouped in that Membership. So not all have to decide to get a refund or stay in. We will issue refunds to each individual, should they ask for it--independently of the other individuals in the group. Their investment is liquid, if their circumstance changes. We stand behind the liquidity of our Memberships.
WE WILL ADMINISTER MEMBERSHIPS: Basically, we will take care of everything, administer the Memberships, keep track of who orders what, etc, and keep you posted at all times of everybody's orders. Each individual will be able to deal with us independently of the other individuals in his or her group. All you have to do is give us the names of the people. Only two fractions are available: $2,500 for 1/2 Membership, or $1,250 for 1/4 Membership. We have the software and the staff to handle divided Memberships, don't worry.
Again, I have full-time staff to keep track of everything, so you don't have to do anything other than send us the names. However, since you have ATO papers, the individuals in each Membership would be well-served to let you receive their FEDEX packages containing optional coins, since you know the drill about GST. Also it is cheaper to send one package of 150 coins, than 2 packages of 75 coins, and certainly cheaper than 4 packages of 37 coins. But since sometimes it is hard to get people to agree, we have no problem sending optional coins to each individual, when they order from the website and indicate they want the coins sent to their address.
I suggest you PM this note to your interested investors, so you don't have to paraphrase the terms. And to anybody interested in this opportunity, please be assured "Maggie" has dealt with us for a while now, and we hold her in the highest esteem. We are making this offer of divided Memberships to "Maggie" only, because we consider her integrity and honesty to be absolute.
Thank you.
Best regards
Brian
TO DATE THIS AGREEMENT MADE BY BRIAN HAS BEEN HONORED
Regards Maggie