Interups Inc (ITUP)

[RealDutch]

You should also ask for W-8BEN or W-8BEN-E (entities) where applicable.

The thing is, for dividends paid this year, the form has to be in your (Dhan?) possession before the end of this year. I'm pretty sure of it. One of the details that I happen to remember about these forms.

[palaypu0406]

Fixing the email issue permanently...

On banking wire information, request will go out tonight ...

[RealDutch]

You did? Not to my knowledge. Unless I missed another email.

[palaypu0406]

I have already updated that the circulation seeking bank information will go on the 5th early hours...-- there is however no change on the payout day...

[palaypu0406]

Dear Material Mind,
It is still direct sales but please note, we have bunch of 42,000 + SDIRA Accounts to penetrate directly....
2. HGS and Datamatics is currently training the staff they are deputing for us on sales, support and digital & social media spread....
Their action will start from beginning of the year as this whole month goes for training and trial run...

I heavily rely on word of mouth as I am born into this direct sales natural market environment while technological advancement into digital market spread and AI adds a plus...

[palaypu0406]

This is 100% correct...

[palaypu0406]

Dear Material Mind,
We plan paying out dividends when excess cash and its reinvestment piles the inventory that we cannot manage for sales...
The optimum cut off each quarter period (month on month) helps us define the dividend percentage.
Inventory turnover for
(a) Gold -- could be 10days to weekly once and has all the potential to improve to daily turnover, but, if that means heavy inventory pile up on reinvestments, we ease that by distributing cash
(b) Rice -- could be 45 days --to improve to monthly -- fortnightly and then weekly or 10 days ...
(c) Whiskey -- weekly once or twice to improve to alternate day sales...
(d) Food Carts -- currently planned for weekly and could improve to thrice a day (in a 24 hour distribution)
(e) Fractional Plane seats -- Domestic planes --- 8-11 legs per day; international --> 36 legs per months...
and so on...
Materially dividend payouts improve as the turnover ratio betters...and we balance the inventory according to how the market absorbs the sales potential...

Later on ...each of these verticals will either go for a SPAC or get into direct listing...but we will not be shifting into shares given the advantages over valuations that tokens will have over the next 2 decades...

Laxmi Prasad

[palaypu0406]

yes Ryan -- You will have your legacy built up nicely for your kids to pass on this for generations...

[palaypu0406]

In the US, these tokens are like any other security instruments Snow and the law of dividends and its taxation prevails as it prevails for any other capital gains / dividends distribution. Summarizing so, as a non-resident recipient the tax-treaty agreement between US & Norway if any in existence prevails in computing the tax...

[RealDutch]

Best for me not to comment on this Snow. Because I'm not fully aware of the plans and/or it could still be work in progress. Thanks.

[snow]

RD I notice that you vacillate between referring to share price and token price. I think you should contribute to clarifying here in the public domain which of these alternatives is the legally correct one. Is it supposed to be the same all the time or will for instance the verticals be publically listed and tokens converted to shares? In my country cash dividends from shares are taxed at a rate that is almost twice that of disbursements from digital tokens.

[RyNo_23]

All sounds promising. My plan is to someday divide the tokens up evenly between my 5 children (after I’m gone). As always time will tell the tale $$$

[RealDutch]

Dividends simply can't keep up with growth. Not when you are growing so fast in one year, as we will.

[MaterialMind]

As always, it will depend on the dividend growth. It's all about return on capital.
If the P/E gets ridiculous, then of course I won't care about the dividends, but sell shares instead.

$0.15 quarterly pays for my life (and more). It matches my salary, more or less. And if it increases to $0.25... Then I can really relax. At $250 PPS... Oh, wow... Unimaginable.

[RealDutch]

Yes, the dividends will be nice. But remember, we discussed this with SIAF at the time, for fast growing companies. And ITUP (I should say Dhan) will grow much faster even than SIAF. We will grow faster than Nvidia with all the AI hype.

And when you grow fast, that value will be reflected in the share (token) price. And so, the Masala Agri Corp shares (vertical 2) could easily be worth $50 per share a year from now. And $250 three years from now. Do you think you will still care about a $0.15 or $0.25 quarterly dividend when you can sell your Masala tokens for $100? Hmmmm.

[MaterialMind]

That sounds awesome! I had a notion that it was like that. Sales have not had time to ramp up enough yet. It's good to know your expectation for the financing of the dividends going forward.

I want to see stable dividends, a new Dividend King in the making. Which I am certain can and will be achieved.

[RealDutch]

Snow asked me a relevant question the other day - where the money for dividends is coming from. Now, and in the future.

For the dec 22 dividend, most of the $15M that will be paid is coming from asset sales.
For the March (Q1) dividend I expect it to be a mix.
And as of the June (Q2) dividend, I expect sales to be able to fully pay for the dividends.
And we will keep ramping up very fast afterwards

[MaterialMind]

Of course, I respect that. High hopes for the opportunities in Africa!

I just like to throw these questions out there, in the public domain, from time to time.

[RealDutch]

I don't really know. You probably know as much as I do. I have been working on the 5 multibillion-dollar projects in Nigeria. And we have an almost perfect story to tell here. Not only will these investments be very profitable, but we are also helping the people in Africa. Once these sales get going (very soon) it will have a huge impact on the overall results of the company.

[MaterialMind]

What a handsome bunch! 🤩

Do you know how sales are progressing? Is it still mainly direct sales, initiated by the staff?
Curious to know if people are starting to sign up based on word of mouth.

[RealDutch]

[RealDutch]

[RealDutch]

[RealDutch]

Executive Team Members.
The people who are working for your dividends.
Page is still being updated and improved as we speak.

https://www.mydhan.io/our-team/executive-members

[RealDutch]

[RealDutch]

[RealDutch]

[snow]

RD Would you please present the gist of the contents? Some of us don't have access to linkedin.

[RealDutch]

myDhan = vertical companies. Where your dividend is coming from.

https://www.linkedin.com/company/mydhan/

[karlacorn3]

Please get a life for yourself. Your menal health deserves it.
I'll be the grownup in the room and not reply to anything further from you, but I will not be bullied by you regarding my right to ask questions to Laxmi.

A previous instance where this was your final post regarding a question I asked of Laxmi.

[snow]

Your question related to information that was no reply to you but to another poster. You have thus done yourself what you criticize me for. The post you replied to had the following contents: "I will be sending a fresh circular seeking banking information into which the cash grant will be sent, Lance ...
and on 22nd December, money shall remit to the said accounts on notification."

This happened three weeks before the money will be remitted. It was therefore of no significance if the fresh circular was sent the same day or a week later since there were roughly three weeks before the money is to be remitted. There was lots and lots of time tp send the fresh circular before any problem arose with getting the money remitted on December 22.

[karlacorn3]

My question was valid, regarding a dated action that requires my response. There was also a question from someone else regarding the same. Laxmi is a big boy. I'm in no way interested in your view, and you memory is not my concern. Thanks anyway. Again, please grow up and please leave me alone!

[snow]

karlacorn3 You must have a better memory than I have. Now I hardly remember any previous post you wrote and I don't remember any previous comment I made. How long is it since I so often came at you? We are free to comment on any post on these boards. I do so and so do others. Laxmi is a very busy person. My view is that he should not feel forced to reply to posts that make little sense.

[karlacorn3]

I have no idea why you so often reply to me when I've asked you nothing. Do you have some craven need to always come at me? I'm not sure why you think my shareholder rights are not valid. I've seen people say horrible things here and you've never gone at them. Please stop responding to me when I ask a simple question to Laxmi, which I have evey right to ask. Laxmi has repeatedly stated that this is to be a safe place to dialogue and as questions. Please leave me alone.

Thank you.

[snow]

karla ""this", meaning the capture of bank account info? It seems this needs to take place in order for the guaranteed milestone to be met?"
I don't understand your impatience. There are 20 days between today and when the information is needed to transfer the money on December 22.

[karlacorn3]

"this", meaning the capture of bank account info? It seems this needs to take place in order for the guaranteed milestone to be met?

[karlacorn3]

Is this happening today, as previously scheduled?

K

[palaypu0406]

Thank you Fedel, will acknowledge the receipt...

[RealDutch]

Don't forget vertical 4+5. While you are at it.

You have to pay before jan 16, for vertical 4+5 (plane seats, whiskey)
30325 x $0.01 x 2 = $606.50

[Fedel]

Good morning Laxmi. My friend sent funds in the amount of $909.75. He said they should arrive within 3 hours. Sender: Maksim Kutuzov. Payment purpose: Kostrov Alexander 25748 ITUP . Thank you!

[_lance]

Great, thank you for confirming, MM and Laxmi!

[Fedel]

If he sends today. Then 2 days off. If they arrive on December 4th or 5th. Will I be late on payment? Should I get my money back, or will the vertical still be credited? Thank you!

[palaypu0406]

I will be sending a fresh circular seeking banking information into which the cash grant will be sent, Lance ...
and on 22nd December, money shall remit to the said accounts on notification.

[palaypu0406]

Yes Fedel,
I apologize for my late response -- Was traveling...
To answer your question, yes it can be done with a memo that subscription is paid for ______________
Please let me know the name of the person who will be transferring and I will advise the shares division accordingly,

Laxmi Prasad

[MaterialMind]

December 22nd, 2023. Per previous communications, they should be asking us for our bank details today. Maybe that has been delayed, as they already delayed the final day to pay for share subscription, from December 1st to December 4th.

[Fedel]

Yes. Thank you!

[_lance]

Will the dividend be paid this December 2023, or December 2024?

Also, when do we need to submit our bank details for the dividend payout - prior to the December 4th payment deadline, or is that separate?

Thank you

[RealDutch]

Are you in Russia? Hmmm. I don't know how to fix that one. I will ask Laxmi to have a look at your post.

[Fedel]

Good afternoon. I have a problem with transferring funds.. Since I cannot make a transfer in foreign currency to the account that was sent to me. Can another person (my friend) do this? Since he has a foreign account and the necessary currency for the transfer. Thanks for the answer.

[snow]

Dear Laxmi,

Thank you for sending me the wire information details in an e-mail!