The Eritrean regime is desperate and very low in foreign exchange. The highly centralized command economy is headed to a grinding halt. Nothing in the economic realm is functioning according to the basic principles of free economy. After practicing a premeditated hostile policy towards nationalist entrepreneurs for over two decades now it has come up with a deceitful proposal to hoodwink innocent and possibly gullible but business oriented Eritreans to become its Diaspora ATM cards. The so-called “investment conference” supposedly to take place in Asmara on Augusts 27 and 28, 2012 is not in the interest of the independent Eritrean business class or wishful individual small –investor. It is a deliberate ploy to salvage its financial pyramid game.