[via PDK]  …They have to raise the value before they can be Basel 4 . They cannot be basel 4 first and then raise the value for a couple of reasons. 1. It’s not tied to an asset until they raise the value…but more importantly …If they were to go Basel 4 first… everybody around the world would know it is time to buy IQD in a massive way. It would create such a security headache and pain in the butt  for this and really toss the value up in the air.  They need to revalue first and then go Basel 4. I hear this will all happen within minutes.