Interups Inc (ITUP)

[Fedel]

What if someone chooses not to pay token subscription amount(s) before the 4th of December 2023 --
(a) Their TOKEN allocation will be kept in abeyance until Feb 29, 2024 (this means they will have time until 3 months to subscribe)
(b) The subscription price per share will no more be @ $0.01 but $0.50 effective 12/5/23 through 1/15/24 and at $1 thereafter until 2/29
(c) Failure to subscribe, the company shall forfeit the stock grant and transfer the stock into treasury and it will be at its freedom to sell or dispose off these stocks to other willing investors at the rate it desires to sell such stock.
(d) No cash grant/dividends shall be paid by the company on any such unsubscribed shares

Great, I've found a plan of action. Subscribe until February 29 for $1. Then I will buy 7200 tokens from the dividends I receive. After all, theoretically they will cost
10$ and I will get 900% for 7200$. If there is no payment by February 29, then I risked $900)

[RealDutch]

Your plan won't work. The person selling the shares to you for $0.05 would actually be worth $10. This could result in a number of problems for you. Taxes being one of them.

Gotta get that loan.

[Fedel]

No thanks. I don't need a loan. I last took out a loan for 8 years and paid it off 8 years ago. I love freedom and not thinking about the next payment. I'll probably get by with 3 verticals. I'm still waiting for a response from Laxmi. Thank you.

[RealDutch]

What you need is a loan. The person offering the loan can wire the money to Sura Inc. on your behalf in your name.

Then, after you receive the dividend, you pay back the loan with several 100% premium.

Most people don't have any money though. But perhaps you can find one person.

[RealDutch]

Not everything may be suitable for this domain. Not everything will comply with IHUB terms of service. We can't use IHUB for official purposes. Future emails will also be sent from Dhan (or Cow). So you should always check your spam inbox.

[Fedel]

Dear Laxmi. Do I have the right not to buy other verticals? What about having the ones you bought and receiving dividends on them? Since I expected to receive a payment on December 24 and buy verticals with it. Or buy them for me, I'm even willing to pay 5 times more. You can send me dividends on January 16 minus a 500% purchase premium. I think this is a great deal. Maybe one of your employees will agree to such a deal? He will buy for me at 0.01 and you will send them my dividends at a price of 0.05. Thank you!

[snow]

RD I suggest he inform those who read this board when an e-mail has been circulated. This sort of thing has not happened before. Perhaps there were a lot more recipients this time than in the past? It is hardly wise to send e-mails that have to be acted on fast in a way that some recipients will not receive because it has been filtered out as spam.

[RealDutch]

You should always check your spam box.
Laxmi sent the email from his Dhan account.
Next time he will send it from his Cow account and it will go into your spam box once again.

[snow]

RD The one I did not receive was in my spam box. I seldom check it.

[snow]

Dear Laxmi

I have received it now.

[RealDutch]

Check your spam inbox, Snow.

[RealDutch]

No need to. I already have it.

[palaypu0406]

I will include the personal mail ID again...
I just copied to your work email this time...
but for snow, it is the same email ID...

[RealDutch]

I didn't receive it in my personal account either.

I had to send it form my work account to my personal account before I could send it to my connections/friends.
And usually I don't have to do that.

[palaypu0406]

I just copied to you on the work email in your case RD...
Snow is there on the list and its the same email ID that I have been using it for him over a long time...

[RealDutch]

I also didn't receive the email in my personal email account. I did receive it in my work account and also in my Yahoo account.

Usually I receive this type of email in my personal account (and not in my work account). So perhaps you didn't use the proper list.

[palaypu0406]

you are copied on it Snow, I am not sure why You have not received...
I am forwarding it again, please let me know if you still are not getting my mail...

LP

[snow]

Dear Laxmi,

I have not received the e-mail you refer to. I wonder why since I have received a number of e-mails this morning from others. Is there something wrong at your side? It does not relate to me but I wonder if the company address you provided is insufficient since it ends with "Suite 102". I apologize if this is bothering you too much.

[palaypu0406]

This was my circulation through email today morning....
Dear All,
We switched over from Bank of America to JP Morgan Chase for practical reasons.

Anyone wiring money on Verticals subscription, Please kindly wire to the following accounts and we will post it to the respective verticals. Please kindly not wire money to any of the Bank of America NA accounts that we were holding. We closed our Bank of America Accounts as they are charging steeply on wires.

Company Name: Sura Inc
Company Address: 995 Marsh Road, Suite 102, Unit 208
Bank Name: JP Morgan Chase Bank NA
Account number: 575756815
Routing number: 021000021
SWIFT: CHASUS33XXX
Bank Address: 270 Park Avenue, 43rd floor New York, NY 10017
Zelle: [e-mail]

Anyone who is yet to pay for any of the vertical subscriptions on 1-5 verticals (Masala Agri, My Gold Grams, Food Carts, Sura Inc and My Plane Seat) may still send their subscription money to the above bank account details forthwith.

ALSO, We do not have email addresses of all of the ITUP shareholders on record, who might have subscribed into ITUP/or market purchased through the reference of known friends. Those who receive this mail may henceforth forward this to your known friends who might be ITUP shareholders. Please advise them to urgently contact us at [e-mail] with the number of shares they are holding on record. This will help us let them know how much they should pay into the verticals to have their subscription and be entitled for Cash Grants. This shall be our last and final notification on the vertical subscription for 1-5 Verticals.

While subscription is not mandatory, vertical subscription and cash grants are possible only to those shareholders who subscribe to the verticals. We will not be reminded of this any further... Those who already paid for verticals may ignore this message.

Laxmi Prasad

[palaypu0406]

Dear All,
It will not be possible to stretch the date ..
In fact we are releasing PPM with an issue price @$10 per token effective this January 10 ...
And with great difficulty I am holding tokens in reserve for ITUP & Cow Shareholders at founders price.
27,500 Barrels of Fresh Pour and 6,000 Barrels of Mature Whiskey is already contracted with and we are advancing on 4 A350-1000s and 1 A321 Neo for Plane Seat Fractionalization.

There is no room for additional time -- The bank that is supporting us with advancement of money to buyers is fast moving and in fact I am meeting them tomorrow and 10th we are releasing the Private Circulation Memorandum.

Sufficient time was given for shareholders to subscribe for $0.01 and I have indicated many times that effective Jan 1, our valuations will change. These 5 months until May 31 are extremely critical and crucial for all of us -- Not only these verticals speed up we are also focusing on sponsoring our first SPAC... By May 31 we are ambitiously aiming for buying out 3 spacs. In all of our overall interest we cannot stretch -- We cannot offer Tokens at $10 and the same time offer them for $0.01 to founder members.. That will be a big technical/legal issue.

Laxmi Prasad

[MaterialMind]

I guess Laxmi will reply to this... Short answer, no, the date cannot be moved.
Also note that they have moved from Bank of America. The wire information is different.

[karlacorn3]

What now (classic)? Dear Laxmi!, I'm asking if the Jan 16th payment deadline for the next two verticals (Plane Seats & Whiskey) can be pushed out? If that has been addressed somewhere, I missed it!

Original message: Dear Laxmi. Since the payout date was moved have you considered moving the 16th date as well, to maintain the same 6 day delta from payout to pay in?

[RealDutch]

What now? He has explained this already.

[karlacorn3]

Dear Laxmi. Since the payout date was moved have you considered moving the 16th date as well, to maintain the same 6 day delta from payout to pay in?
K

[karlacorn3]

Thanks! It's not always easy keeping up with disparate information.
Thanks again explaining.
K

[palaypu0406]

I have already explained this before Karlacorn --

Even if we the apex body clears on coming Friday, notification to the remittance bank happens only on the next working day, which at the earliest is 16th as 15th Monday is Festival Holiday in India (Sankranti). And assuming the remittance bank endorsed the wire the same day, it comes and sits in US Account on the 16th. We need to follow 7 days notice from that day plus 1 day for carrying wires and this is hence 24th as the Date.

This is exactly what I have written even last time that we will get paid on 17th assuming that we will receive clearance by the 9th. However, we are still anticipating clearance in the same week but by Friday. But, because of weekend plus Monday being a festival holiday, wire is pushed for 16th.

Laxmi Prasad

[karlacorn3]

Laxmi can you share why with the remittance coming at any time before the 15th, the payout date is 7 to 9 days after the 15th... noting these are all electronic transaction?

Then there is still the 16th date, right?

K

[snow]

Thanks for the update regarding the coming remittance Laxmi. I find it encouraging that you have received confirmation that the remittance will be received in the US by the middle of this month and that the date of the remittance can be fixed.

[palaypu0406]

received updates that we will have clearance for remittance any time before the Jan 15. We can safely keep 23rd / 24 Jan as cashgrant payout date. I will have more updates after working hours and we can firm up the date but we can safely assume 23rd Jan / 24th Jan as a safe date.

[palaypu0406]

We will know today India time or we have to reschedule it by a week.
By morning CA time, I will be updating!

[karlacorn3]

Good evening Laxmi. We're one week away from our restated milestone! All set?👍️

[RealDutch]

Happy New Year, Snow.

[snow]

Moreover, India appears to be a very dynamic country these days with a high growth rate. To me it seems very adcantageous to have strong links to india. China seems to be paling in comparison. The population is getting quite old. There now seem to be few big investment that make much financial sense any longer. There is a glut when it comes to housing with a lot of houses empty. There seem to be more railroad lines than what is financially sensible.

[palaypu0406]

Rightly guessed RD, All three of it ....
Plus,
(1) the excitement that we will be activating fractional plane seats in the first quarter.
(2) A large Bank (I cannot name the bank for confidentiality reasons) will be extending purchasing power TEN Fold for our token buyers...
(3) Our Focus on Nigeria will give us deep deep pockets as the world economic dynamics will change in the next 30 years...
ITs GDP is expected to cross 4.2 trillion by 2040 and population is expected to match US level...
(4) We will be working on SPACs ...and this implies our market capitalization will turn into real-time market dynamics!

2024 will be a very memorable year for all of us!

[snow]

Thanks for the information and a happy new year RD!

[RealDutch]

If I had to guess it's because

1) he will soon have access to a lot of capital. He has always been living on the edge. And the dividends is a big deal for him too.
2) A big partner that we signed up with recently which is probably best not to disclose
3) He is a big fan of food carts IMO. And he must also be excited about the 5 projects in Africa.

[_lance]

Happy New Year, everyone! Looking forward to a great year here 🥳

[snow]

RD' I have the impression that Laxmi's optimism and confidence is now stronger than ever before. I assume there must be a reason for it.

[snow]

Dear Laxmi,

I wish you and the people who work with you a very happy year too! I also thank you for your unflagging endeavor to reach your goals despite the strong headwinds you meet now and then.

[RealDutch]

Happy New Year. 🥳

2024 should be and will be, and will go down in history as the best year for ITUP and Cow Group.

I just searched back a year ago to see if the same was said about 2023 but to our credit, it wasn't. There was nothing said about 2023 And it didn't turn out to be such a great year. Although good progress was made on some fronts.

[palaypu0406]

Happy new year 🥳
We will make this year the most celebrating year of all of our lives — I owe every blood cell of mine to everyone of you listed here and it’s my commitment and promise that we will make this 2024 the most celebrated year —- thanking all of you one more time let’s write a new page in the corporate history of America 🇺🇸 ❤️❤️❤️❤️❤️🎉

[palaypu0406]

Yes Punchinello -- I will surely!!...

simple thumb rule to follow --
If The number of token holders are crossing 1,999 then we become a reporting company in 6 months and the minimum holding period turns to be 6 Months as the vertical automatically turns to be reporting company.

If the number is <2,000 then the holding period remains 12 months...

This is one reason, we pushed our pricing as a uniform $10.00 as this helps us have larger number of token holders and it helps reduce our time in turning out to be a reporting company.

[RealDutch]

Yes I know about SPZI which came back from the dead. It's just very hard to distinguish scams from legitimate companies. That is why I never looked into TIO because it would have taken too much of my time, to begin with.

[snow]

RD You aeem to have an extremely exciting futurhe ahead. I have another US investment that I have not mentioned before because I am uncertain whether that too is a scam like TIO which claimed to have a big substantial business modernising an aspect of farming by using smart phones for various purposes. SPZI which came back from the dead after more than 10 years generated a profit of about 60,000 dollars for me. Its new business venture failed and it became a shell once more. Suddenly the pps was up 10 times because of a reverse takeover by a Korean businessman named John Park who had several ongoing business. I bought 9 million shares - the O/S is around 5.6 billion. So far I am up about 130 in a few weeks. If the information John Park has publisned about his businesses is not false I think the pps could at least triple next year to more than one cent. That would mean about a 7-bagger for me.

[Punchinello]

I live in the US and would like sell a few shares down the road. Will you let us know if the waiting period is 6 months or 12 months?

Do I create my wallet to sell through MyDHAN.io, soon to be MyCow.io?

[RealDutch]

The reward isn't just financially. As we will all adapt quickly to being wealthy. The real excitement will come from watching events unfold.

How much gold will we be trading a year from now? How will the food carts develop. How many planes? That one could be huge.

I can also tell you that work will begin as of Jan 1 on the 200,000 metric tons Aqua RAS facility in Nigeria. We already did some work like feasibility study but the real work will start on Jan 1. We have a team of 5 in Nigeria on this. They will start on the design and do work like soil- and water quality testing and lots more. In the mean time it is our job to raise the $930M needed for this and once we do, we will shift gears and begin construction. Remember, this RAS farm will be 10x bigger than anything else in the world today. So it will be very exciting to watch.

And related to this is the trip to Nigeria in late January. As we will have a chat with the Governor of Anambra to see what they can give us in return for all we are doing there - RAS, Oil Palm and Coconut. All these projects are huge.

[snow]

RD Your numbers are awesome. I guess we will see in some months if there is a gap between projections and what happens.

[RealDutch]

I would say $0.25 quarterly dividend for the remainder of 2024 is what we should expect.

5 active verticals. I don't expect the other 4 to join soon. Perhaps Oil Palm is supposed to be vertical 6, or, it could join the Rice vertical. Even if it is a separate vertical, it won't add much in dividends because it takes at least 4 years for the trees to grow and generate cash flow. Same applies to coconut and the Aqua RAS farm which will take 2-3 years to build.

Here is another thing. We are targeting $100 billion assets under management by 2025. Rule of thumb you can use for this is that the companies will then also be worth $100 billion. Let's be conservative and take half of that. $50 billion by 2025. Divided by 9 verticals gives $5.5 billion or a $55 share price on average per vertical. And if we get a premium for being high growth then we are looking at $100. So it is easy to see that the dividends won't be able to keep up. But at $100 I doubt that anyone will care about dividends.

[snow]

Good question RD.

[snow]

RD If the value of the tokens rises a good deal faster than the cash dividends some of us may have to start selling tokens to pay the taxes. This will be no problem if we can sell them for 10 dollars or more.