Full question:

I have an authentic purchaser for Diesel D2 – along with all the documentation. The buyer has stipulated that he will work on for mandate and does not want to bother with brokers or intermediaries. I have been trying to reach refineries to no avail but this business is no easy task. I need your help to find a product provider and I need to know how I can become a mandate?

Answer:

You need to read my prior answers and learn – You cannot simply just “become” a mandate holder – many of these arrangements are phony at any rate.

As an intermediary you are the product provider for the final purchaser and the purchaser to your product provider who will be holding the products. If your current final purchaser only wishes to deal with provider or an authorized mandated negotiator, then you need to tell this one to take a hike! They must make the deal with you or there is simply no transaction.

AS THE PURCHASER/ PROVIDER YOU ARE LEGALLY LIABLE – THEREFORE YOU NEED TO BE ABSOLUTELY CERTAIN THAT YOU HAVE THE BUYING SITUATION TOTALLY UNDER CONTROL – YOU CANNOT BE JUST 99 PERCENT SURE – BUT ONE HUNDRED PERCENT CERTAIN! YOU ARE NOT ALLOWED TO PURCHASE FROM SOME OTHER BAFFLED THIRD PARTY INTERMEDIARY – YOU CAN ONLY DEAL WITH THE ACTUAL PROVIDER OF THE PRODUCT.

YOU MAKE THE PURCHASE OF THE PRODUCTS FROM THE PRODUCT PROVIDER AT A DECLARED PRICE AND YOU DO THIS WITH THE END PURCHASERS FUNDS.

NOW YOU SELL THE PRODUCT AT AN ELEVATED PRICE – WITH YOUR FEE ADDED – TO YOUR END PURCHASER.
Now this previous scenario I just discussed takes many years to learn – you will master it with practical experience – so it is a waste of time to ask me “how do I make this happen?” or “how do I do that?”

This can only be studied by way of FTN exporting, the developers of the intermediary – and there is so much to learn. You should be reading and learning the URPIB rules of trade which are explained in detail in my book. And you must not forget that you are both the Purchaser AND the Provider.