THE SILVER SHORTAGE CONTEST
NO PURCHASE, PAYMENT, OR DONATION TO ENTER AND WIN. A
PURCHASE, PAYMENT, OR DONATION WILL NOT INCREASE WINNINGS.
1.Winner(s):
The Grand Prize #2 will be awarded to a Participant(s) who submit
a fact(s), during a contest Entry Period, as outlined at
SilverShortage.com. The fact must conclusively disprove that a
silver shortage is coming. --Which is the founder's silver shortage investment
thesis. In other words, it cannot be some hypothetical scenario. --Such as discovering silver on Mars, a silver star falling, or mining silver from a comet as it travel the heavens.
There could be one winner, or there may be multiple winners of the Grand Prize if multiple facts are submitted, or multiple Participants submit the same fact during the same Entry Period.
2.Sponsor:
The Founder of the SilverShortage.com Contests, is also the leading Sponsor of the first & original Grand Prizes (referred to herein as the “Founder”). The Founder has also committed to add more to the Grand Prizes, to increase the total contents of the Grand Prizes multiple times higher, as the time & income of Sponsor(s) allow. We will have many Sponsors, Co-Sponsors, and Co-Founders which will further increase the total worth of the contest prizes.
3.Grand Prize Contest Limit:
Participants are limited to only one Grand Prize Entry at the time and only during an Entry Period. Your entry may only be for Grand Prize #1, or for Grand Prize #2, but not both at the same time.
4.Changing from Grand Prize#1 to #2:
(Only Applicable to Contestants)
A Contestant may switch their Entry, following our procedure, however it may include a loss of all previously awarded Shares for the Grand Prize #1.
Here are examples of two potential scenarios in which a Contestant may want to change their entry. Other potential scenarios may exist.
For example, after a Contestant contacts a potential Participant and hears of a new fact that may potentially disprove the silver shortage investment thesis, the Contestant is free to change their contest entry from Grand Prize #1 to Grand Prize #2 by 'checking out' with Grand Prize #2, however only during an Entry Period and with consequences.
For example, if a Contestant changes their Entry from Grand Prize #1 (No, I cannot disprove) to Grand Prize #2 (Yes, I can disporve), and the new fact, does in fact disprove the silver shortage investment thesis then the Contestant will share the contents of Grand Prize #2 with any other winners of the same Entry Period. However when a Contestant changes their Entry from Grand Prize #1 to Grand Prize #2 the Contestant will immediately forfeit and lose all accumulated Shares of Grand Prize #1. Other procedures & restrictions may apply.
5.Entry Limit:
The maximum number of times (the “Entry Limit”) a Participant or Contestant may register to claim a Share (Sh) at SilverShortage.com during an Entry Period for either Grand Prize is only one time. If a Contestant wants to change their Entry from Grand Prize #1 to the Grand Prize #2 they must wait for the next Entry Period.
6.Deadline to Enter:
The current contest Entry Period will close when the appointed time arrives, when the displayed date & time arrives, when the timer counts down to zero (the “Entry Period”). The SilverShortage.com Administrators will be the official timekeepers. All Grand Prize contents will be distributed when the contest Ends. In other words, the distribution of the Grand Prizes will only begin after we close the contest at the appointed date & time displayed on the homepage right now. --So this may be your one opportunity now, to claim your Share of either of the Grand Prizes before we End the SilverShortage.com contests and distribute the Grand Prize contents to the Participants. Everyone who participates is a Participant.
7.Potential Winner Notification:
When the contest Entry Period expires (after the timer counts down to zero, or the displayed date and time arrives) the SilverShortage.com Administrators will accumulate & evaluate all Entries for both Grand Prize #1 and Grand Prize #2. Participants and Contestants will be notified via email of the outcome, including all Potential Winners.
All submitted 'facts', that may disprove the coming silver shortage thesis, submitted by the Participants & Contestants for Grand Prize #2, will be investigated and the findings and judgement will be shared and announced.
There are 2 Grand Prize Contests.
・Grand Prize #1 (No, I cannot at this time Disprove the Silver Shortage Investment thesis)
・Grand Prize #2 (Yes, I may be able to Disprove the Silver Shortage Investment thesis)
Outcome 1: If the Grand Prize #2 is awarded or the Silver Shortage becomes apparent & global news (see closing Criteria List) then the contest will End (referred to as 'the End') and the contents of Grand Prizes will be distributed to all eligible Participants & Contestants based on their total quantity of Shares.
Outcome 2: If after evaluation of all entries for Grand Prize #2, no contest Participant is awarded Grand Prize #2, and the silver shortage is not yet apparent and global news, then the SilverShortage.com Administrators, and the Founder, will schedule the next Contest Entry Period and the contest will be open again for Entries. This process will repeat until we arrive at Outcome 1.
The contest will End with either Outcome #1 or Outcome #2.
8.Prize Details:
The total contents of each Grand Prize will be displayed clearly on the website. Please see the breakdown below, updated January 2022, for a real life example of how to calculate the total currency value of Grand Prize #1 based on the the current FOREX market price of silver. More Silver will be added in 2022, and every year until the contest Ends.
(i) Grand Prize
#1 currently at 500 troy ounces of 99.9% pure Silver Metal, Price quoted by FOREX pair XAG/USD
(ii) Approximate Retail Value Of Total (“ARVOT”): $12,500 USD Roughly ¥1,400,000 JPY
-To find ARVOT: Find the current FOREX Bid or Ask Price for XAG/USD and
multiple by 500.
(iii) Approximate Retail Value of One Share (“ARVOOS”): $2,500 USD Roughly ¥280,000 JPY
-ARVOOS: ARVOT Divided by Total Share Quantity (TSQ) $12500 / 5 = $2500
-TSQ: 5 Shares
(iv) Anticipated Prize Fulfillment Date: To Be Determined ("TBD") when Grand Prize #2 is Awarded or the Silver Shortage is apparent.
(v) Prize Fulfillment Method & Location: The method is yet TBD, however locations to which we can ship from is within Japan & U.S.A.
Except as explicitly stated, all Shares & Prizes are awarded as is, without any representations or warranties, and cannot be transferred, sold, substituted, or redeemed for cash by Winner without express permission of SilverShortage.com Administrators, or the Founder. Unless noted in the Prize details in this Section 8, if a Winner decides to accept their share of the Grand Prize contents a Winner is solely responsible for all taxes, costs, and transfer fees, including any actual shipping costs of physical silver metal, associated with Prize redemption of metal or metal value, ownership, and/or use.
All third-party names and trademarks (such as those on physical silver product) are the property of their respective owners.
9.Eligibility and Restrictions:
Age to enter: You must be at least 13 years old to enter, however to redeem your Shares after the contest Ends you must be at least 18 years old, with limited exceptions, such as with parent/legal guardian consent, cooperation, participation. We reserve the right to change eligibility, restrictions and exceptions.
Prohibited Persons. In addition to those
prohibited persons identified in Section 4(A) of the Official Rules,
those persons living outside of Japan & the United States are not
eligible to enter this Contest at this time. At this time we are targeting only Japan
& the United States. However maybe you can help us take to other
countries, so contact us.
Answer that simple Yes or No question with either yellow button below...
To claim your 'Share' of Grand Prize #1 first click the yellow button above and proceed to 'checkout' while the contest entry is open.
To claim your 'Share' of Grand Prize #2 first click the yellow button then follow two step instructions to complete the 'checkout' process and send your factual information that may disprove the coming silver shortage.
Participate in the Contest. -You can only win!
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