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I've been telling them, warning them, since April 2023. I really did. You want to know how I knew? Because I have seen 100 other startup companies and they all struggle (the same way). So for me it was easy to see where this was going.
I have offered alternatives. But there aren't many options. And we have been very unlucky as well. Either way, I have done all I can (and more). All we can do is wait now.
Ergo Foundation=having funding secured
I'd rather not. I'm not holding my breath today. Just hoping that finally today could be the day when we receive the funds.
It's a major pain in the butt for all of us. But I am/was especially concerned about our consultants in Nigeria. Because they already have jobs and they don't need this. Luckily (although it isn't luck) I am sensing that they are still on board as they fully understand the importance of what we are doing. Also, I told Laxmi yesterday (again) that the RAS project will be our flagship, affecting every other project we will do. And hence it is important to give this a high priority. I want to have the first RAS farm fully funded by december. Laxmi is passing it on to the banking group.
Put a pin in your post and come back to that if you'd like after today okay?
Some of what you say has some merit. Some of it doesn't. I will focus on the part that doesn't.
The banking license will be a crucial part of business going forward for reasons most of us don't understand yet. And opportunities like these are rare. We are just waiting for the funding today so the banking license won't interfere with that. We have several people ready to go to start wiring money if/when we receive funds.
This strategy, which aims to also resolve your unpaid salary, is not a matter for open board discussion. It involves a strategic hire that we risk missing out on if we haven't already.
Strategies are not to be discussed on an open forum.
Strategies are not to be discussed on an open forum.
And reminders had been sent prior to my message on this board.
Dear Mr. Laxmi Prasad,
I regret to inform you of serious concerns regarding unethical business practices and non-payment of salaries involving your company, Interups-Cow group
Recently, Datamatics, under your representation, entered into an agreement to manage contact center operations for Interups-Cow group across India and the Philippines. Despite assurances and agreements made, a series of alarming events have unfolded:
Contractual Irregularities: Datamatics signed a contract with Interups-Cow Group without conducting due diligence or ensuring proper financial arrangements. This led to operational complications and significant delays in the launch of operations, causing distress among employees and their families.
Employee Exploitation: In February 2024, Datamatics abruptly laid off all employees hired for the Interups-Cow Group project without prior notice, citing non-payment by Interups-Cow Group for three consecutive months. This action left many families in dire circumstances.
Non-Payment of Salaries: Following the rehiring of employees directly by Interups-Cow Group, another critical issue has emerged. Employees have not received their salaries since March 15th, 2024, spanning over four months. This failure to compensate employees has caused immense hardship and financial instability.
These actions are not only unethical but also illegal under Indian labor laws. We, the affected employees, are left with no choice but to escalate this matter to legal authorities and regulatory bodies. Our aim is to ensure justice for all affected parties and prevent such misconduct from recurring.
I urge you to address this matter with the utmost urgency and transparency. Immediate steps must be taken to rectify the situation, including the prompt payment of overdue salaries to all employees.
Laxmi. You are focusing on initiatives that have little chance of success without a solid foundation, which is financial support. Securing these funds requires the involvement of individuals capable of obtaining them. Currently, you are managing everything independently, which I believe is the Achilles' heel of the entire operation. It is imperative that you delegate responsibilities.
You mentioned a potential trip to Puerto Rico to address banking issues there. Such distractions halt other crucial operations and this pattern has repeatedly occurred. I previously provided a solution, but this was by your admission interrupted by the urgent matter in Puerto Rico that according to you requires your attention.
To progress, it is essential to prioritize tasks and delegate responsibilities now, rather than postponing for another three months. The operation cannot come to a standstill when you are unavailable. This is not about you; it is about all of us.
My point was, you are better off sending him a reminder by email (if you have to) than posting it on here. He will read it quicker.
And besides, we don't know what it is about. Either you discuss the issue on here or not at all. IMO. These reminders by themselves without any info what it is about has no value for the readers on this message board. 😃
You were saying?
Dear LVerstee, I just saw your mail and responded back -- The whole last 3 days I got immersed into the banking acquisition as couple of issues popped up
Choices you make. It is important to note that your Puerto Rico bank situation is unrelated to the timing of funds being deposited into Bank of America accounts today. This issue does not affect the schedule of payouts. Therefore, we kindly request your confirmation of the funds being available in the account and the subsequent execution of payouts to employees and shareholders.
The money situation resolves tomorrow!
Friday we will see $2.592 million credit in USA 🎊🤞🙏❤️✌️👆 and this implies we are set for the targeted Aug 16 date to payout Cash Grant!
It sure would be nice to disrupt the usual suspects in their strive to control everything.
You might as well travel to Puerto Rico if you aren't flying to Hong Kong, Nigeria, London, Amsterdam or Mumbai. But first you need some travel money.
Dear LVerstee, I just saw your mail and responded back -- The whole last 3 days I got immersed into the banking acquisition as couple of issues popped up and in fact i may have to travel to Puerto Rico to sort out issues as our side lawyers want to us to discuss the matter with a local counsel there before firming up due diligence.
Afterall It is the 22nd tomorrow. Not an important date right?
Trust me when I state that there is a point. Missing the ball will cost us all.
He always reads his emails. And more frequently than he reads this message board. So there is no point in posting reminders here.
Laxmi. Can you give me a response to my email please?
CURLF
3.09B
CRON.TO
908.02M
We are about to miss a very big boat and I am not happy.
I hope this message finds you well. I have yet to receive a response from you. Could you please confirm whether you have been in contact with party or if communication has failed?
I have sent you an email. Kindly find and respond.
IMO... once word gets out that we are tokenizing the 2 biggest RAS farms in the world (by far) worth $2 billion in token sales then it will be quite disruptive and act as a wake up call for many. In Africa, of all places... But I will leave it to the experts
Laxmi Prasad <laxmi.prasad@mycow.io>
7:31?AM (1 hour ago)
to Louise
my response to Louise, a well recognized market player --- she will be joining us back through our proposed banking acquisition --We do not realize our depth but the video silently tells how much of the ocean we already have foot printed...
--------
Very interesting — and very proud of ourselves —- what a journey we are leading …. And this shows what we will be horsepowered with in the next 10 years !!!! We are tokenizing Gold, rice, paddy fields, Fish, shrimp & prawn, crab, palm (oil), coconut (oil), whiskey , food carts, global sq ft (transforming every SqFt to living cum workplace), plane seats (expandable to road and rail transport), solar panels, water 💦, Salt, carbon credits, shipping containers …. Every piece of human’s life … as much possible … Our connecting back with you Louise and adding Bo will mean a ton of value addition to our efforts … happy Sunday …. I have call with Stuart in one Hour from now …❤️❤️❤️🙌
On Sun, Jul 21, 2024 at 4:31 AM Louise wrote:
Basically all they have to do is explain that these investments generate stable income and are not exposed to fluctuations and overvaluations in the stock market. There, I needed only 1 sentence.
I agree Snow. Needs some work. Laxmi can pass it on.
Also, we are doing plantations now. Which is very different from gold /rice / aviation (SWIM). Now you are getting fractional hectares (stable assets) that increase in value over time. Probably needs an explanation too.
RD I have some comments regarding the following statements: "These assets boast a low correlation with traditional holdings, offering stability amid market volatility. Enjoy sustained growth and shield your wealth when other markets waver."
To me it seems quite hazy what is meant by the following: "hese assets boast a low correlation with traditional holdings". I doubt that "correlation" is the right word in this context. I suggest that this statement is dropped because it is so unclear what it really means.
It would be wonderful if the following is true: " Enjoy sustained growth and shield your wealth when other markets waver." This is in reality a claim that investing in tokens means that the value of the tokens will (always or generally?) increase while other markets have teir upturns and downturns. But most investors don't invest in market indexes but in individual stocks. Some stocks soar even while markets are down. My impression that tne value of the gold or rice tokens over time will depend on among other things the cash remittances that correspond to dividends in the stock markets and the future prospects and the profitability of the businesses these verticals engage in. I suspect the statement used is too sweeping and for that reason may not be trusted. Instead I suggest trying to explain WHY the value of tokens may be more stable than stocks and in general offer a better return on the investment if that is the case. This is meant to be good advice.
Thanks, Laxmi. That clarifies it all for me. 👍️
K
We can actually build 2 fish farms in one year. First one in Anambra 2nd half of this year. 2nd one in Lagos during first half of next year.
Banks should be able to fund quickly. And there is no point in waiting a year (or two). Because construction will take 2-3 years. There isn't a whole lot you can learn.
RAS Team should be able to handle 2 fish farms. If Alex can do 3-5 projects at the same time.
This will give you $2 billion in token sales during the next 12 months. From 2 fish farms.
Also, we can build the shrimp demo quicker.
Also, we will get even MORE media attention 😀
I don't see any negatives.
Perhaps you can suggest it in the Aqua Telegram group. Make it sound like it is your idea. See if anyone responds.
Cash Grant distribution will be making it through SIRI and RISO for now splitting it as $0.12525 & $0.12525 ...
We have completed token issuance only for Gold and Rice through polygon and etherscan.
Staff and shareholders are given cut-off dates on all the first 5 verticals..., as applicable ....
Whether these tokens are placed or not placed on polygon or etherscan doesnt matter...
Effective the cut-off date, they own these tokens....
if staff, number of tokens placed and if shareholders number of tokens they subscribed for paying $0.01 per token.
Hope this is clear!!
RD - tokens are issued to you, staff, and a few shareholders as part of senior staff compensation but we are yet to issue tokens to the rest on other verticals. And even for you these tokens are not put in place on polygon yet...
We have completed token issuance only for Gold and Rice through polygon and etherscan. Rest we will do once the cash flows are in...
Hope that clears the confusion Karlacorn3 ....
Cash Grant distribution will be making it through SIRI and RISO for now splitting it as $0.12525 & $0.12525 ...
All that I have confirmation of currently, officially, is my ownership in Cow Capital (previously Masala Capital). Probably because Kautilya is principal there and he is very strict. There was even a shareholder vote recently on the name change.
I don't even have confirmation (officially) of the ITUP shares that I have received from the company. But I know how many. They are on record within the company. And they are trading for $0.0004 so that is what I am using for tax purposes.
The same applies for the MyCow tokens. No official confirmation yet. But I know how many I received, and what the issue date is (for tax purposes).
I don't even have a statement of income for 2022 or 2023. Most of these things have been delayed (I suppose) until we get funding and everyone gets back to work.
I'm sorry, but how do you pay taxes on something you don't have recorded possession of? ... or do you have recorded possession of yours?
Just seeking clarity.
Thanks
K
The tokens for food carts have been issued, in 2023. Trust me. Otherwise I am paying taxes ($0.01 per token) on tokens that I never received as income 😃
Thanks, perhaps I'm missing something, but where are the tokens "issued"?
K
But the tokens have been issued. So it don't really matter (if operations have been delayed).
Although they could decide to let only the first 2 verticals pay out the total $0.25 cash grant. In theory. It depends on how they want to deal with this.
Got it. Thanks. So the same question goes for Food Carts not showing in current assets?
K
Dear Laxmi. The December 2023 token purchases to enable the payouts were for My Gold Grams, Masala Agri Corp, and Global Sq Foot (Plane Seats and Whisky were to follow). I don't see Global Sq Foot captured in assets or represented anyplace? Please advise.
K
I noticed the website is looking much better now. And it was needed.
https://www.mycow.io/
What actually matters are milestones. I for one am looking forward to these as business affirming events. 👍️
Re: None
Monday, July 15, 2024 4:01:05 AM
Post#
9702
of 9803
Dear All,
Happy to share, 2.59 m will credit into BoA on the 19th and balance money will sit with HSBC in escrow ….
There is one certification that remitter has to give - that origination of original investment was from valid sources and that amount never was above 9.99% of the fund / account (UBO Self Assertion) that invested into the the asset which is now being sought for repatriation.
It’s a simple certification and we will complete this tomorrow.
Friday we will see $2.592 million credit in USA 🎊🤞🙏❤️✌️👆 and this implies we are set for the targeted Aug 16 date to payout Cash Grant!
The inward $2.59 m will give us another $9.558 million around from a group of Physicians based out of Iowa/IL.
Happy to share,
Laxmi Prasad
palaypu0406
Re: karlacorn3 post# 9740
Thursday, July 18, 2024 2:22:00 PM
Post#
9741
of 9803
It is planned for 2 payouts Karlacorn and third one will fall due on Oct 15.
Please only mind step 1 (monetary) and 2 (senior execs) for now.
All of my records are in public and I have even submitted the report published by the Background Check Company in lieu of (stock) exchange requirements for one to be accepted as non-disqualified person to be a director on the US Public Company. And I have attorney's reference that cleared my file which I have shared it with everyone on the hub and internally among the staff...
Assumptions, fraudulent vengeance and animosity filled with non-friendly gutter have probably engrossed this Paladin whoever it is....
Otherwise, I am very open to debate on any issue that he might have encountered with me and I keep everything and every discussion in open world...
I know who this raccoon is ...but I will make him come out...
And without a reason, I do not act or react ...or abuse someone...unless I am forced by the other end,
Laxmi Prasad
RD and all,
I stand by my explanation as here under and i stand with my words without prejudicing the matter ----
1. This Rajat who acted and written very low using untenable shameless language and his warning in criminal language asking me to land in India have triggered my reactions
2. The said lunatic mind, that another lunatic (Paladin) was a terminated employee out of the outsourcing company we have engaged-- we wanted to recruit and offer employment through our Indian Firm Masala Capital LLP but the company's digital signature endorsements had to be renewed for which we are running pillar to post because of some strange rules prevailing -- we have to notarize our signature from the Indian Consulate -- Our Firm being in one jurisdiction and directors in another jurisdiction, consulate has been tossing the file east to west and the issue is still unresolved and the entity through which we have to offer employment remained unestablished.
3. Until the Indian structure is legally organized, any worker at the most will be a deemed Indian Contract worker and pending the entity structuring we are yet to accept anyone as a designated employee...
4. Those who made halla gulla nonsense were shown the door on July 5 -- We have not terminated anyone but accepted resignations-- Officially there is no employment on record for them to even to term this as resigned -- at the most their working as an independent contractor ended on July 5
5. When there is no employment offer, where on earth, this lunatic (paladin) can go and complain -- Rather, we have all the rights to complain on anyone who presented indecency and called very low on conduct forcing himself to be not elgible but disqualified...
6. The remaining staff after the July 4, 2024, we offered them tokens in Gold and Rice like we offered to other global staff and they are compensated with tokens for the entire 4 months even though they are yet to be in employment with us, we accepted them to be in employment with us and went ahead in granting tokens based on each persons monthly contractual pay and obligations.
Every piece of my writing here stands in material evidence and I document everything that I write here...
Laxmi Prasad
my language was like that after that rajat wrote horrendous message to Likhitha ...
Unbearable language and it is after then I started bashing that guy....because his language was untenable...
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