Looking for Seattle Connection

Hello, new to site... I have listened to quite a bit of Winston, read an enormous amount of material throughout the web, and am looking for folks in Seattle who may meet to study - share, Winston refers to a Seattle seminar he spoke at but of course this was prior to my introduction to this information...

Alternately, Winstons seminars often seem like he begins taping two days into his thoughts... often referring backwards to another seminar, leaving me with holes in the information...I have yet to read a clear and consise explanation of Acceptance for Value, can someone please point where this term came from and its exact definition.

Further, would someone also point to the place that Closed Account is defined and clarified...

I find that the definitions of both of the above appear to be very vague, with different authors clarifing different pieces, but no one actually defining the information in a concrete/factual manner. References to these pieces would be greatly appreciated.

Also, is there a Winston Seminar that is more likely his "first/beginning"seminar, or is there another teacher who has both grasped these concepts/teachings AND who practices them?

Lots of Questions, I appreciate any help offered. Thanks, A.

[seeker]

Welcome!

Winston has a Series called "Solutions in Commerce" The Series is rather jumbled -- with the Seattle seminar (which is Vol II) was filmed in Nov 2004. Portland followed in April, 2005 (Vol II), and Flint was the final at the end of April, 2005, (Vol I). Each is about 7 DVDs and a support CD. You can get these directily from winston at his website www.winstonshroutportal.com

Great stuff.

Seeker

Thanks for your reply Seeker... I have been searching for a web site for Winston, thank you so much. However, the link to his site does not connect, will you check your link and resend?

I do have Solutions in Commerce, have not gotten through it yet as I was just getting finished with the previous 8 discs I had from him...I will get to it this weekend. But would love to hit his web site. A.

[J.W.]

The Winston Shrout Portal is no longer online hence we come forth with our offerings as we assited with promotion/production of that event:

http://www.lawresearchgroup.com/cart...2&cat=0&page=1

Jason

Thank you Jason. I do have Solutions in Commerce, purchased from Law Research Group, (thank you again for the wonderful web site)... As previously posted, it feels as if I have missed a day or two of previously very important information while listening to Winstons CD's...

However, Seeker states that Winstons Seattle talk seems to be in the Solutions in Commerce, so I will take that on and see if this fills in the holes.

Also, I noticed reading through some of the Forum readings Jason that you approach redemption and Ucc filing with a more comprehensive/3 dimensional approach... I am very interested in reading more of your writings on this subject because I am new. Should I continue to read through previous Forums, or have you published your work/research in other places. Thank You. A.

[J.W.]

I really haven't wrtten much on redemption nor spoken much about it publically, although I have close connections within those circles as well as others of opposing thought. I subscribe to no one legal approach as I enjoy having options and vast resources at my disposal etc. I have been writing a book for quite a while now which I shall complete this coming year with the working title of: "The Occlut World of Commerce". This book discusses at length my journey through this movment from discovery to my present understandings of sort. There is a fair amount dedicated to the Commercial Redemption Philosophy and its respective movment however, althought my writings are quite humble it is my firm opinion that people will be a bit fussy to hear what I have to say about many of the present and more popular legal theories or quasi-legal applications typically associated with Commercial Redemption and its variant hybrid offshoots.

All I can say is stay tuned as I don't have a target completion date but I would expect about three to four months before draft one is ready for an editor. There is so much material to cover and more keeps piling up, at somepoint you must choose a static point to say this is enough for now...

Jason

[weishaupt1776]

I understand, JW, as I am working on a book myself.
Looks like the moderator chick from Quatloos is writing a book too, but probably one we wouldn't want to pay for.

I wonder who her distributors are

I appreciate your information Jason, and recognize that ultimately the process is prefected with experience, research mistakes and the learning curve... and further there always is a jumping off point to which one must take full responsiblity and begin the experience.

That being said, no one has yet to actually answer my question. Does anyone have a definition or location of research in which to point me where Accepted for Value and Closed Account arrived from. Where, or how? Or is it there is no place and folks are simply using this concept without a clarified understanding?

Weishaupt I appreciate that you may also be working on a book, however do you know the answer to this question? Could you point me in the right direction for research of the answer? Obviously your experience proceeds mine and thus I ask directly.

Thank you

[logos]

all3free,

To the best of my recollection the definition I read of "closed account" in Black's went more-or-less as follows: "closed account - as apposed to an open account or account stated, is closed to the addition of debits and credits but remains available for setoff and adjustment".

As for concise explanations of A4V and using closed accounts--you're not the only one looking for these. I've heard/read A4V discussed in Cyndi Beers & Jack Smith's materials, though I don't know if they have the concise explanations we seek. As for closed accts, it seems the people who know of this and successfully use them don't conduct seminars and aren't talking. Winston Shrout, for example, has mentioned them but won't discuss the subject. Some people have successfully used it, albeit accidently, and probably don't want to talk either. I suspect such people remain silent about this (and BoEs) because they figure the less knowledgable people will come along and ruin what they have.

I know this isn't quite the answer you were looking for, but it may explain why a "how-to use closed accts" manual probably won't be forthcoming from anyone any time soon.

[georgealexander]

A corporate entity uses 'Closed Accounts' all the time:


General Motors payroll is a significant amount of cash. They have a 'closed account' for payroll. Fiduciary* (banker) uses access to another account to move funds (of account) into the 'Payroll' account at the last possible moment......during the times between 'paydays' the 'slush' funds are usually put out to 'loan' for various TIMES at various RATES.......

I was closely aware a major insurance company on the Left Coast bundled up all their 'available cash' at the end of the business day and wired it to the Right Coast and drew interest on it as an 'Overnight Account'. There also were 'Weekend Funds'.

Obviously, the 'correspondent banker' on the Right Coast loaned it out for interest but HAD to have those funds back in the Overnight Account at the start of the next business day of the insurance company.

That in no way should be construed as agreement/disagreement on any of the forgoing on this thread. I am merely attempting to remove some of the mystery of the term 'Closed Account'.

YOUR Fiduciary* (banker) would have to have access to YOUR very significant funds of account to cover your expenditures/promises/checks/drafts in YOUR closed account.

George Alexander
*NOT 'trustee'