Tuesday, September 27, 2011

How CONSTO Trades:


We serve as Buyer-Seller in our trades. By this, we mean our business process involves buying and selling products of diverse kinds on behalf of our clients; in some other cases where doing so would only make the best business sense, we serve as Manufacturers' Agent. We thrive on the strength of our diligent, straightforward, no-nonsense, firm, reliable, and trustworthy approach.
Our primary goal is to 'help our clients reach more', in all sense of the word. To this end, we tirelessly and diligently provide for our clients, but more importantly we ensure that each party experiences a win-win situation at all times. We will negotiate trade terms, process transactions, close and conclude transactions. Take note that for us to consider and proceed with any proposed trade, we will ask you to provide the following critical preliminary data:
In the case of a Seller:
  1. Where is the Seller's product under consideration?
  2. How much is in-tank, vessel, or storage and for how long has product been in there?
  3. What is the Full Name of the Company in Ownership (a Title Holder)?
  4. Where is the Titleholder registered to do business? What country and province?
  5. What is the landline phone number of the Titleholder?
  6. What is the name of the papered Mandate?
  7. Where is the Mandate registered to do business? What Country and province?
  8. What is the Mandate's landline phone number?
  9. And, most often, we will also request for an "OFFER TO SELL" (OTS), aka "Soft Offer".
In the case of a Buyer:
  1. What is the product and quantity of product under consideration?
  2. What is the name of the End-Buyer (principal contact)?
  3. What is the landline phone number of the principal contact?
  4. What is the Legal Corporate name of the buying company?
  5. Where is the company registered to do business? Its legal address MUST include Country and Province?
  6. What is the landline phone number of the company?
  7. Who is the authorized procurement officer for the company?
  8. What is the landline phone number of the authorized procurement officer of the company?
  9. We will also ask that our "REQUEST FOR QUOTE" (RFQ) be filled by the End-Buyer, (end-buyer or its authorized rep may ask for our RFQ format?

If you are still reading this note, we congratulate you as one of the very few who are sincerely interested in closing/consumating a REAL transaction. We welcome deals from all professionals, however, we will not accept offers from ghost buyers/principals. This refers to a situation where we do not have direct access to principal traders in view. To allay the usual fears among agents and affiliates, we do provide an Irrevocable Perfomance Guarantee (IPG) to everyone that makes it possible for us to directly access the principal traders under consideration. All referring or facilitating agents, brokers, and professionals will thereafter take a back seat with our IPG in hand in order to allow us carry on with what we require to successfully close on our deals. As you may know, 99% of deals from professionals, agents and brokers in this industry are bogus; not solely because they are not who they claim to be, but also because most of these people lack the wherewithal to successfully close on these complex transactions. Therefore, in order not to be part of this terrible statistics of predictable deals that fail, we have put in place certain guidelines to help weed-out the unwanted.
So if you are not directly connected to an END-BUYER, SUPPLIER, REFINERY, or MANUFACTURER (i.e. the official TITLEHOLDER of a product under consideration), by all means please share the information herein with your direct contacts.
As commodities trading moves into the future, we will continue to expand our product base in order to broaden our international exposure and reach. Therefore, we welcome new proposals from mandates, allocation holders, title holders, JVs, brokers, accountants, lawyers and other professionals involved in commodities. However, we do not get involved in long chains; if you have long chains, you must be prepared to introduce your direct source and take a back seat.
So far, if all these still look good and sound acceptable to you, please by all means know that we'd be glad to hear from you.
Thank you!

Consto Trades Mgmt


Thursday, September 30, 2010

Vitamins for the Mind

"It only takes one lie to taint your entire testimony in a court of law.
Honesty is a vital part of having a good reputation."
~ Jim Rohn

NOTHING IS IMPOSSIBLE TO A WILLING HEART
You can do anything in this world you want to do, but you must want to do it badly enough.
You really can have everything you want, if you go after it. You have to want it first.
The first ingredient of success is desire.
Do you know what you want? Your desire is the planting of your seed.
Your desire for success must be so strong within you that it's the very breath of your life.
It must be your first thought when you wake in the morning,
and your last thought when you go to bed at night.
You can be whatever you make up your mind to be.
What's in your mind is all that counts.

"First comes thought; then organization of that thought, into ideas and plans; then transformation of those plans into reality. The beginning, as you will observe, is in your imagination."

~ Napoleon Hill: a personal success author and lecturer

"In all things, be willing to listen to people around you. None of us is really smart enough to go it alone."
~ John Clendenin

"People keep looking outside themselves for the money. It's inside."
~ Stephen Pierce: Internet marketer, author, speaker

"I believe that the very purpose of life is to be happy. From the very core of our being, we desire contentment. In my own limited experience I have found that the more we care for the happiness of others, the greater is our own sense of well-being."
~ Dalai Lama: a Tibetan Buddhist leader

ALL GREAT ACHIEVEMENT TAKES TIME
"Keep trying" is the rule that must be followed to be successful at anything.
Your success will always be connected with your actions.
Just keep moving towards your goal.
You'll make mistakes but don't ever quit.
You may even have to hang on after others have let go.
Persistence means taking pains to overcome every obstacle, 
to do all that's necessary to reach your goal.
In the end, the only people who fail are those that do not try.
Your future is a big adventure.
Just remember, all great achievements take time.

There is no detail so small, no thought however fleeting, no word unspoken, no deed mindlessly performed, that doesn't send its vibration into the unseen, where it echoes and returns as more of the same.

And as your cumulative manifestations draw your attention to the stunning and absolute power you have over your destiny, you'll come to see that, really and truly, there's no such thing as a small detail.

You have the keys to the Kingdom... make it work in your favor.
"Business and life are marathons, just like the Iditarod. We have to strategically pace ourselves in order to achieve success."
~ Chris Fuller

"Heaven on Earth is a choice you must make, not a place we must find."
~ Wayne Dyer: Motivational author and lecturer


YOU CAN BE A WINNER IF YOU PLAN AHEAD
You gain the advantage in any situation through one medium: time
You can do things before they need to be done.
You can position yourself ahead of time in the best place.
Think ahead of any approaching action.
Make a plan and you will always have the advantage.
Let your advance worrying become advance thinking and planning.
The time to repair the roof is when the sun is shining.
In life, as in chess, forethought wins.
 
"We have committed the Golden Rule to memory.
Let us now commit it to life."
~ Edwin Markham

"Your power is proportional to your ability to relax."
~ David Allen: Productivity consultant, author, and lecturer

"I remind myself every morning: Nothing I say this day will teach me anything. So if I'm going to learn, I must do it by listening."
~ Larry King


EVERY FAILURE IS A STEP CLOSER TO SUCCESS
People who try to do something and fail are infinitely better than those who try to do nothing and succeed.
Experiencing failure is inevitable on your journey to be successful.
Each defeat is merely an installment to victory.
You'll find that the number of times you succeed is in direct proportion to the number of times you fail and keep trying.
You won't be judged by the number of times you fail, but by the number of times you succeed.
Failure is nothing but education, nothing but the first step to something better.
You can't be a winner and be afraid to lose.

GIVING / SHARING / GENEROSITY
It's best to start the discipline of generosity when the amounts are small.
It's easy to give ten cents out of a dollar; it's a little harder to give a hundred thousand out of a million.
Giving is better than receiving because giving starts the receiving process.
Here's what is exciting about sharing ideas with others: If you share a new idea with ten people, they get to hear it once and you get to hear it ten times.
Sharing makes you bigger than you are.
The more you pour out, the more life will be able to pour in.
Somebody says, "Well, I can't be concerned about other people.
About the best I can do is to take care of myself."
Well, then you will always be poor.
What you give becomes an investment that will return to you multiplied at some point in the future.
Only by giving are you able to receive more than you already have.
~ Jim Rohn

“You never know when one kind act, or one word of encouragement, can change a life forever.” 
~ Zig Ziglar

"When your values are clear to you, making decisions becomes easier."
~ Roy Disney

We don't stop playing because we grow old, we grow old because we stop playing.
~ George Bernard Shaw

People with goals succeed because they know where they're going.
~ Earl Nightingale

"The major value in life is not what you get. The major value in life is what you become. That is why I wish to pay fair price for every value. If I have to pay for it or earn it, that makes something of me. If I get it for free, that makes nothing of me."
~ Jim Rohn


IT'S NEVER OVER UNTIL IT'S OVER
The power to hold on in spite of everything, to endure, this is the quality of a winner.
Your greatest glory is not in never failing, but in rising every time you fail.
It's your constant and determined effort that will eventually break down all resistance
and sweep away all the barriers before you.
Persistence means taking pains to overcome every obstacle,
to do all that's necessary to reach your goal.
All great achievements require time. Endurance is the crowning quality of success.

Tuesday, August 31, 2010

Trade Needs of the Moment

We are looking for legitimate crude and refined oil products to buy and sell; we are fit, willing and able to take it down as early as possible. However, we are not in a position to issue an MT799 under any circumstances ever. Our community of buyers (mostly majors) do not participate in the broker / allocation gobble gook. If you feel that your deal is real then we are going to need to talk one-on-one with "The Title Holder", not a broker.

Usually, our talk will get to the nuts and bolts and in most cases when MT799's are requested, the so-called seller does not have 'Title' to the product. If you are not a principal, please provide us some basic infor and take a secured and guaranteed back seat to allow us secure and close the transaction.

So in order for us to move swiftly, please provide us with the following 8 KEY ITEMS:
1st. Where is the D2? How much is in-the-tank?
2nd. Full Name of the Title Holder Company.
3rd. Where is the Title Holder registered to do business? What country and province?
4th. What is the land line phone number of the Title Holder?
5th. What is the identity of the (papered) Mandate?
6th. Where are they registered to do business? What Country and province?
7th. What is the Mandate's land line phone number?
8th. Most often, we will request a Soft Corporate Offer, or better a Draft Contract.

An acceptable procedure would look like this:
1st. Seller/Title holder will send a confirmation letter with a statement that (Title Holder) is the owner free and clear of this QTY (e.g. 3m bbls of JP 54 spot in Rotterdam) along with the SCO.
2nd. After receipt of both documents, a conference call will be set up between Seller and an officer from the Buyer (Major) to talk one-on-one.
3rd. The Major issues a confirmed Purchase Order for this product.
4th. Seller will sign, seal and return this Purchase Order to Buyer (Major) along with a Dip Test permission.
5th. The Purchase Order Number will be placed on the Commercial Invoice and the Seller will send the Commercial Invoice, SGS reports and Tank Receipts either directly to the Buyer or via bank-to-bank. Whichever was decided during the phone call between the Buyer (Major) and the Seller/Title Holder.
6th. After verification of POP documents, the Major will issue an MT103 for all liftable product.
7th. Lifting Commences.

Other acceptable procedure:
1st. Seller issues FCO - Full Corporate Offer (OTS, Offer To Sell);
2nd. Buyer issues verifiable P/O - Purchase Order;
3rd. Buyer and Seller complete Contract Agreement and lodge in their respective Banks;
4th. Seller sends Commercial Invoice and partial verifiable POP to Buyer including Tank Storage Receipts and SGS Reports;
5th. Buyer issues proper payment of MT103/23 to Seller for Products in Tanks against Title Name Transfer;
6th. For subsequent deliveries, Seller issues Non-Operative 2% Performance Bond (Bank to Bank);
7th. Within five banking days, Buyer issues RDLC; of that would automatically activate PB;
8th. Shipments start per schedule and payment paid in full against presented full supporting documents;
9th. The Payment is released by Buyer’s Bank to the Seller once the commodity has been delivered without delay (immediately). SGS report will specify quantity in Metric Tons of delivered commodity and quality according to specifications.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
FOOD FOR THE SOUL
"I firmly believe that any man's finest hour, his greatest fulfillment of all that he holds dear, is that moment when he has worked his heart out in good cause and lies exhausted on the field of battle, victorious".
~ Vince Lombardi

"The cave you fear to enter holds the treasure you seek."
~ Joseph Campbell: a mythologist, author, and lecturer

"The human brain makes up only 2% of your body weight; however it consumes 20% of the oxygen you breathe in. You can actually increase your creativity and learning power by taking a few minutes to relax and breathe deeply before starting any new project."
~ Healthy Tip

"Patience is the ability to let your light shine after your fuse has blown."
~ Bob Levey

"It's OK to send flowers, but don't let the flowers do all the talking. Flowers have a limited vocabulary. About the best flowers can say is that you remembered. But your words tell the rest."
~ Jim Rohn

Success is loving what you do; "the passion that lies within you must be discovered."
~ Laurie Calzada

Books/Library/Reading
Miss a meal if you have to, but don't miss a book.
Some people claim that it is OK to read trashy novels
because sometimes you can find something valuable in them.
You can also find a crust of bread in a garbage can,
if you search long enough, but there is a better way.
Most homes valued at over $250,000 have a library.
That should tell us something.

Everything you need for your better future and success has already been written.
And guess what? It's all available. All you have to do is go to the library.
And there's probably a library in every neighborhood.
Some people read so little they have rickets of the mind.
I now have one of the better libraries. I admit that I haven't read everything in my library,
but I feel smarter just walking in it.
Don't just read the easy stuff. You may be entertained by it, but you will never grow from it.
The book you don't read won't help.
Books are easy to find and easy to buy. A paperback these days only costs six or seven dollars.
You can borrow that from your kids!
It isn't what the book costs; it's what it will cost if you don't read it.

DREAMS DO COME TRUE!
You are never given a wish without also being given the power to make it come true.
The achievement of your goal is assured the moment you commit yourself to it.
If you have the desire, you have the power to attain it.
You can have anything you want in life, if you will sacrifice everything else for it.
Your dreams can come true, if you pursue them.
Where there's a WILL, there's a ALWAYS a WAY.

"We are not human beings on a spiritual journey. We are spiritual beings on a human journey."
~ Dr. Stephen Covey: Best-selling author and professor

EVERY FAILURE IS A STEP CLOSER TO SUCCESS!
People who try to do something and fail are infinitely better than those who try to do nothing and succeed.
Experiencing failure is inevitable on your journey to be successful.
Each defeat is merely an installment to victory.
You'll find that the number of times you succeed is in direct proportion to the number of times you fail and keep trying.
You won't be judged by the number of times you fail, but by the number of times you succeed.
Failure is nothing but education, nothing but the first step to something better.
You can't be a winner and be afraid to lose.
Most of the things you worry about will never happen.

Vitamins for the Mind
Sowing and Reaping ~ by Jim Rohn
You must get good at one of two things: sowing in the spring or begging in the fall.
God has the tough end of the deal.
What if instead of planting the seed you had to make the tree?
That would keep you up late at night, trying to figure that one out.
Plant, don't chant.
One of my good friends always says, "Things don't just happen; things happen just."
The soil says, "Don't bring me your need, bring me your seed."

"Human beings have the remarkable ability to turn nothing into something. They can turn weeds into gardens and pennies into fortunes."
~ Jim Rohn


"Success, real success, in any business requires a sense of urgency, a sense of personal mission."
~ Ken Carnes

"You can begin now to give your heart perhaps the most important thing it needs "a reason to keep beating" and it starts by knowing that every moment matters."

~ Mehmet C. Oz, M.D.

"Possession of material riches, without inner peace, is like dying of thirst while bathing in a lake."
~ Paramahansa Yogananda: Was an Indian yogi and guru

80% OF SUCCESS IS SHOWING UP
When you're sure you're on the right road to success you don't have to plan your journey too far ahead.
Don't burden yourself with doubts and fears as to the obstacles that may bar your progress.
You don't need to know all your answers in advance.
Just have a clear idea of the goal you want to reach.
You can only take one step at a time.
Once you muster up the courage to begin, you'll find the courage to succeed.
It's the job you never start that always takes the longest to finish.
You can have all that you desire if you ACT on your dreams.
Being the B.E.S.T. ~ by Jim Stovall
In our society, we revere those who are the best at what they do. Chants of "We're #1" are heard frequently. If we want to be the BEST at whatever we do, we've got to break it down into its individual components.

"B" is for Balance. It is the element that keeps our lives stable. We've all heard about superstar athletes, multi-millionaires, and movie stars who wreck their health or family relationships in their quest for greatness. No matter how much we achieve in one area of our life, if we lose the overall perspective that we are many-faceted beings, we can never be successful.

If we want to have balance in our lives, we are going to have to be proactive. Most of us plan our workday. We have things we are going to try to do, things we really need to do, and the ever-present list of "things we better do today, or there will be no tomorrow!" But how many of us really plan,with the same degree of diligence,our family time, recreation time, exercise, etc?

Several years ago, my wife Crystal and I began a tradition. We take the week between Christmas and New Year and focus on the things we have done in the previous twelve months and those we hope to do in the twelve months to come.

We plan our leisure time and focus on where we are in each area of our lives. While I have certainly not reached the levels I want to in every area of my life, this practice has brought a degree of balance to me that I had never known before.

Most of us spend all of our time, effort, and energy on professional and business pursuits, and the other areas of our lives get whatever is left over or, in too many cases, they get shoved completely aside.
Balance means investing in yourself in every area of your life.

"E" is for Enthusiasm. This is the first thing we receive when we enter this world as the doctor slaps us on the backside, and the last thing we give up before they close the coffin lid. I have had the privilege of interviewing superstars from the worlds of entertainments, sports, and politics. The one thing that each of these individuals have in common is a tremendous passion or enthusiasm for what they do. If you don't feel that kind of daily passion, as you pursue your life goals, you need to either get a new career or a new attitude about the career you currently have.

I remember interviewing Katharine Hepburn. When I asked her what she would have done with her life had she not pursued show business, she replied, "If they did not pay me to be an actress, I would have to find another way to support my acting habit. I have an innate need to do what I do."

This type of enthusiasm will bring you an Academy Award or whatever is the highest honor in your field.

"S" is for Single-mindedness. This is the ability to focus on one thing at a time. This does not mean we are one-dimensional in our lives. It simply means, when we are working, we work; when we are playing, we play; and any other task we choose to undertake receives our total attention and focus.

We spend far too much time living in the past, worrying about things that cannot be changed or living in the future, planning for eventualities that may never come. If we will live in the moment, we will find that mistakes of the past and frets of the future simply fade away.

If something is worth investing your time in right now, it deserves all of your attention.

"T" is for Tenacity. This is the one element that will always result in eventual success. As a blind person myself, I could hit a baseball thrown by the best pitcher in the major league if you would let me keep trying until I succeed. The immortal message from Winston Churchill echoes down through the years, "Never, never, never, never, never give in."

The whole world belongs to the man or woman who realizes that the game is not over until you quit; and when it comes to your dreams and goals, remember that it is always too soon to quit.

Go out and be the B.E.S.T.
Today is the day!

Monday, July 26, 2010

We Need "BUYERS"!!!

If you are an end-buyer/agent/mandate, we would be glad to review your needs. Please consider the basic information that we will require from you for starters, plus our preferred procedure:


  1. Product: AGO - Atmospheric Gasoil (for example)
  2. Specifications: XYZ...
  3. Quantity: XYZ in mt/liters/bbls, pieces, etc.
  4. Payment: UCP600 Letter of Credit: Non Transferable: Non Cumulative Revolving Guaranteeing 12 months total contract quote-payable at sight of clean delivery documents- Renewable one month before total contract expiration at seller’s option.
  5. Performance Guarantee: Buyer requires 1.50 to 1.75 PG issued as an ISP98 SLC upon Acceptance of the Buyers financial instrument.
  6. Contract Period: 12 x 12 x 12 per a total of 36 months
  7. Delivery: Price quote: Strictly FOB Incoterms “Named Port of Shipment’
  8. Delivery Schedule: (1) 1st delivery date must be stated.
  9. PROCEDURES:
    1. Seller accepts quote and applies firm price basis- (Allow 5 days)
    2. Buyer confirms quote, Seller issues full offer
    3. Buyer accepts full offer, Seller issues Draft Contract
    4. Formal Contract signed returned by e-mail and overnight courier
    5. No. 2 to 4 above to be completed within 28 days; ...thereafter;
    6. Buyer issues financial instrument /Seller advises acceptance (Allow 5 days)
    7. Seller advises bank issued ISP98 SLC PG (Allow 3 days)
    8. Buyer accepts SLC PG, Seller initiates reservation of berthing at loading terminal
    9. Buyer advises reservation/ Seller advises name of each ship, ETA, Flag;
    10. First delivery Initiated, Documents produced
    11. At sight collection on DLC applied.
    12. Next shipment initiated- For a further 11 months delivery
    13. Buyer to advise Seller one month before final shipment if contract is to continue with the shipment for a further 12 months. New Financial instrument advised.
  10. RULES: UCP600, ICC Incoterms 2000, URC 522, and the ICC Rules of Agency.
  11. Language: English language; with English common law of contract
  12. Buyers Advice required:
    1. Price application benchmark - transparent and searchable on the internet
    2. Specific Port of loading
    3. Confirmation of Grade
    4. Confirmation of Delivery date (later but not earlier)
    5. Name and Country of Bank accepting DLC
IMPORTANT NOTE:
We serve as Buyer-Seller in our trades. By this, we mean buying and selling products of diverse kinds while still serving as Manufacturers' Representative in some other cases where doing so would only make the best business sense. We thrive on the strength of our firmness, reliability, and trustworthiness.

Our primary goal is to 'help our clients reach more', in all sense of the word. To this end, we tirelessly and diligently provide for our clients, but more importantly we ensure that each party experiences a win-win situation at all times. We will negotiate trade terms, process transactions, close and conclude transactions. Take note that for us to consider and proceed with any proposed trade, we will ask you to provide the following critical preliminary data: 
  • In the case of a Seller:
    1. Where is the Seller's product under consideration?
    2. How much is in-tank, vessel, or storage and for how long has product been in there? 
    3. What is the Full Name of the Company in Ownership (a Title Holder)? 
    4. Where is the Titleholder registered to do business? What country and province? 
    5. What is the landline phone number of the Titleholder? 
    6. What is the name of the papered Mandate? 
    7. Where is the Mandate registered to do business? What Country and province? 
    8. What is the Mandate's landline phone number?
    9. And, most often, we will also request for an "OFFER TO SELL" (OTS), aka "Soft Offer".
  • In the case of a Buyer:
    1. What is the product and quantity of product under consideration?
    2. What is the name of the End-Buyer (principal contact)?
    3. What is the landline phone number of the principal contact?
    4. What is the Legal Corporate name of the buying company?
    5. Where is the company registered to do business? Its legal address MUST include Country and Province?
    6. What is the landline phone number of the company?
    7. Who is the authorized procurement officer for the company?
    8. What is the landline phone number of the authorized procurement officer of the company?
    9. We will also ask that our "REQUEST FOR QUOTE" (RFQ) be filled by the End-Buyer, (end-buyer or its authorized rep may ask for our RFQ format? 
If you are still reading this note, we congratulate you as one of the few who is sincerely interested in closing/consumating a transaction. We welcome deals from all professionals, however, we will not accept offers from ghost buyers/principals. This refers to a situation where we do not have direct access to principal traders in view. To allay the usual fears among agents and affiliates, we do provide an Irrevocable Perfomance Guarantee (IPG) to everyone that makes it possible for us to directly access the principal traders under consideration. All referring or facilitating agents, brokers, adn professionals will thereafter take a back seat with our IPG in hand in order to allow us carry on with what we require to successfully close on our deals. As you may know, 99% of deals from professionals, agents and brokers in this industry are bogus; not solely because they are not who they claim to be, but also because most of these people lack the wherewithal to successfully close on these complex transactions. Therefore, in order not to be part of this terrible statistics of predictable deals that fail, we have put in place certain guidelines to help weed-out the unwanted.

So if you are not directly connected to an END-BUYER, SUPPLIER, REFINERY, or MANUFACTURER (i.e. the official TITLEHOLDER of a product under consideration), by all means please share the information herein with your direct contacts.

As commodities trading moves into the future, we will continue to expand our product base in order to broaden our international exposure and reach. Therefore, we welcome new proposals from mandates, allocation holders, title holders, JVs, brokers, accountants, lawyers and other professionals involved in commodities. However, we do not get involved in long chains; if you have long chains, you must be prepared to introduce your direct source and take a back seat.

So far, if all these still look good and sound acceptable to you, please by all means know that we'd be glad to hear from you.

Thank you!

Consto Trades Mgmt