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Cow Tax Inc got its EFIN and ERO permission from IRS
https://www.mycowtax.com/
The reason why we are doing this is because it will give the number of IRA clients another boost, by offering these services.
My Square Foot Inc (the real estate vertical) also started today.
Also, more importantly, the transfers of money that we have been waiting for so long, should happen tomorrow before noon India time. This will get most projects going and also take care of the dividends etc.
We are working on these verticals now
1) gold
2) rice
3) food carts
4) plane seats
5) whiskey
6) aquaculture
7) oil palm
8) real estate
9) mining (iron ore)
10) probably coconut.
We are targeting 11 for the next 12-24 months. The "Magnificent 11".
RD Thanks again! For me it does not matter to get access to my wallet and I assume I will not need my private key for å long time. What matters to me that it is possible to add tokens to my private wallet. I am positively surprised that I both retain my stake in IREEM and also a stake in Cow Capital. (By the way I just checked my tax information in Ameritrade and I see that I last year sold shares worth about $ 251,000 and had a total gain of some 2,000 dollars which is less than one percent. My gains were from BDCO and my losses mostly from Tingo Inc)
MyCow is the 9 vertical companies. We could have 11 soon or 13 even, longer term. Think of MyCow as the parent company.
You will still gain shares in the other SPACs as well through IREEM. That will not change.
Not to worry. You have a wallet/account and we are filling the tokens. We have plenty of time to get you access to it. Almost half of the shareholders doesn't even have a wallet yet.
RD Yes I have paid for all the 9 verticals. I was not entitled to all the verticals I have paid for (some 7,500 dollars) if it had been fewer than 9 verticals. I paid for the exact maximum number I was entitled to. As I stated before I first paid 7,000 dollars for verticals assuming that I was entitled to more but that was the sum of money I was prepared to risk at that stage. Later it turned out that I was just entitled to a few more. The numnber was calculated by Laxmi and I paid a bit less than 500 dollars I think.
RD Thanks a lot for clearing things up! The way I understand it I own 100,000 shares in CCAC, which If I have not misunderstood at some stage will be listed on a major stock exchange. What I am unsure about is what it means that MyCow is the brand name of all the vertical companies. Does it mean that they will be named MyCow and then the type of activity they involve, which currently is 9 different names? I assume that I have no stake in IREEM any longer since it has a different role now?
It is a relief that you state that I altesdy have a wallet. I have been under the misconception that I have to return some information related to the Credentials not to lose the wallet that would potentially be mine. This has caused a lot of worry because it is my duty to do my best to take care of the altruistic institution that will inherit my net worth when I die. That institution works in Nigeria providing information to women there to help them do family planning by providing knowledge about various ways of avoiding having unwanted children (Family Empowerment Media). Radio is used for this purpose.
Laxmi indicated that you already paid for 9 verticals. I can't check but that is also how I remember it.
Snow, I think you paid for 5 verticals but I can't be sure.
I have asked Laxmi to clarify if needed.
MyCow is replacing myDhan. It is the brand name of all the vertical companies (tokens).
Cow Capital Acquisition Corp (CCAC) will remain the same.
Masala Capital will be renamed to Cow Capital Inc.
IREEM will be renamed to Cow Group (of companies)
We even have Cow Tax Inc now.
Interups will stay. But it will have only one subsidiary which is Cow Group.
And Cow Group is the collection of companies I mentioned with MyCow being the brand name.
So when people say MyCow, it is the vertical companies.
RD He referred to myCow. I Don't know what that is. It has been known for years now that IREEM would become Cow Capital and that these are companies with shares.
When it comes to IREEM, I will quote a docoment that I have signed and that has been signed by a member of the family of Laxmi: "IREEM LLC
Memership Subscription Packet
"Offering Price Per Membership Interest Unit (Unit"):
$ 90.00 per Membership Unit of IREEM LLC (the "Company" or "Issuer" or "Sponsor") that exchanges in value for 600 Sponsor Equity Shares of Cow Capital Acquisition Corporation CCAC (in brackets) at US $ 0.15 per Sponsor Share per each Membership Unit in IREEM LLC"
When rereading what you wrote I think you are mixing up Cow Capital and the verticals. The reason is that you seem to assume that I paid twice as much for the tokens as I did. It is true that I paid $ 0.01 per security token. I paid a total of about $ 7,500 for those tokens. I first paid $ 7.000 and then about $ 500 more after Laxmi calculated that was the maximum I was entitled to.
I don't understand the implications of the email including the Credentials etc that I have been unable to open. I have had the impression that as long as it is not opened I don't really own the almost 750,000 tokens that I have paid for and that my purchase will be cancelled and the $ 7,500 dollars returned to me in April. Is that not correct? Even if I lose a potential value of millions of dollars if I lose 750,000 tokens I have the impression that ITUP and possibly Cow Capital will have stakes in the tokens and that I indirectly will have a stake in the tokens that way. I still do not know if I am entitled to the first remittance of about 20,000 dollars based on my tokens as the status is right now.
Snow, where did he mention IREEM/CCAC in his post? Because he didn't.... Don't make things more complicated than they are.
As for yourself, you didn't pay 15,000 dollars for 100,000 shares.
You paid $0.01 per security token issued or "granted" through CCAC/ITUP
You should have 9 verticals x close to 145,000 security tokens.
I don't know the exact number but I know it's close to 145,000. Per vertical.
RISO (rice) is already in your account. The rest will follow shortly.
You will see once you have access to your wallet.
Shaun I don't understand what you refer to regarding your digital wallet on myCow. IREEM/Cow Capital is a company that has shares and not tokens. I paid 15,000 dollars for 100,000 shares.
Laxmi. Thanks for the reply to my question. Good info.
K
Hi Laxmi - I have not received any credentials for my payout in March. My digital wallet on myCow has also not received any coins. I sent an email but have not received any response yet.
Dear Laxmi,
I still have not received the Credentials to my new Gmail.account. I wonder if I will receive the cash grant in my bank account even if I don't receive the Credentials before March 19.
Appreciate you keeping shareholders updated!
Dear Karlcorm, We have set March 19 as payout for 1st Cash Grant...
The second one I was planning it on April 6 but it will now be April 17, 2024 along with redemption of certain stockholders who have not subscribed into the verticals,
Laxmi Prasad
Dear Karlcorm, We have set March 19 as payout for 1st Cash Grant...
The second one I was planning it on April 6 but it will now be April 17, 2024 along with redemption of certain stockholders who have not subscribed into the verticals,
Laxmi Prasad
Dear Laxmi, thanks for the information. One point of clarification and expectation setting regarding the purchase of the verticals... We're soon approaching the date wherein the second dividend/payout was to occur. Can you please inform how that initial distribution schedule is planned to work?
Sorry if I missed any other posts that may have provided the answer.
K
Dear All,
Please ignore the previous message -- I have added few additional points in absolute merit ....
1. Received an update that the central bank should clear the remittance before this month ends -- I have already started planning for launching our next steps;
2. We will make the Cash Payout as planned on the 19th of March 2024 (before the 5th of March we will be completing all token issuances on the available records/information from stakeholders)
3. Those who have not subscribed or not been granted vertical shares will be issued with Utility Tokens for redemption on April 17, 2024 as I have circulated earlier through mail...
4. We are meeting one large Banking Group executives to support us on token underwriting, marketing & financing. With their blessings and support, we will be turning as Token Aggregators without losing focus on our original product base. I will be traveling to Europe this March 15 - 21 2024 to meet this group and to negotiate A321Neo and A350-1000 leasing and to incorporate our firm in Switzerland as an AG structure.
5. Our team will visit Nigeria after the 19th March -- As discussed, we will be starting to make our footprints there big time...
6. Before April 17, 2024 we will ready the trading platform on these tokens that get qualified for trading...
7. Starting our office in Mumbai India with 108 staff members
8. Signing the first EB5 sponsorship in our Gold Vertical.
9. Nityanna is live which will undertake "million meals program" under CSR
10. We are launching our Real Estate Fractional Asset Tokenization in Temple Town -- Ayodhya and test casing food carts in Hyderabad and Mumbai.
11. We will be launching Mining Token effective April 17 2024
11. Before April 17, 2024 we will be organizing our board & CFO --
Towards this, We already have identified our CFO and I will be asking him to take charge from April 15 2024.
We have also identified a couple of very strong hands to be on our Board of Directors, Advisors and Governance.
12. We will start working on SPAC from March 19th and acquire sponsor equity by the time we complete our equity redemptions and service obligations on April 17, 2024.
13. We will be requesting Grant Thorton / Deloitte as our Auditors & EGSL as general Counsel and SPAC Attorneys.
14. We have launched selective high end Tax and Wealth Optimization Planning through Private Foundations, Charitable Remainder & Irrevocable Life Insurance Trusts and we will likewise be endorsing Legal Services in India for Persons of Indian Origin and/or non resident Indians.
15. 2024-25 we endeavor to be a Multi-Billion Dollar enterprise..
Wishing everyone the best times ahead!!!
sincerely,
Laxmi Prasad
Received update that the central bank should clear the remittance before this month ends -- I have already started planning for launching our next steps;
2. We will make the Cash Payout as planned on the 19th of March 2024 (before the 5th of March we will be completing all token issuances on the available records/information from stakeholders)
3. Those who have not subscribed or not been granted vertical shares will be issued with Utility Tokens for redemption on April 17, 2024 as I have circulated earlier through mail...
4. We are meeting one large Banking Group executives to support us on token underwriting, marketing & financing. With their blessings and support, we will be turning as Token Aggregators without losing focus on our original product base. I will be traveling to Europe this March 15 - 21 2024 to meet this group and to negotiate A321 Neo and A350-1000 leasing and to incorporate our firm in Switzerland as an AG structure.
5. Our team will visit Nigeria after the 19th March -- As discussed, we will be starting to make our foot prints there big time...
6. Before April 17, 2024 we will ready the trading platform on these tokens that get qualified for trading...
7. Starting an office in Mumbai India with 108 staff members
8. Signing the first EB5 sponsorship in our Gold Vertical.
LP
Dear Karlacorm, we are working on it and there will be no date changes
Dear Laxmi, I'm not sure if, since the Feb 1 initiation, the process for transferring tokens is still manual but could you update a projected time frame for the completion of the transfers?
K
Thanks Laxmi! It is impossible for me to log in to see the "secret information" I have received. An expert I hired was unable to do it. I look forward to receiving the same information in my new gmail account.
Dear all, happy to write, our other end have submitted necessary compliance requirement to the central bank.
Will update as quickly as I hear back on the remittance confirmation...
And snow, if you do not login, we will send fresh credentials to login but you will not lose what you have gained...
The email that contains info about your account and your password is only valid for 8 days. After which they have to resend it.
Snow, your account has already been created with the RISO (rice) tokens in it. I checked with Laxmi yesterday. It's not going to disappear because you haven't logged on yet. We have plenty of time.
I don't think you will lose your tokens, snow. I am sure the company will look after you, as well as all the other shareholders.
Petrejus It was the impression of the expert who handled my computer that Telenor refused to cooperate with gmail the result being that it was impossible to see the secret informationfor me. RD stated that I had 8 days to open it. If I am unable to do it I will lose my 750,000 tokens. I guess it will be very easy to send it to my gmail account today, as I suggested.
Why would you say something like that? Lose your tokens? Like I said before, you don't need a Gmail-account, but that is up to you if you want to use one. In due course you will be notified by the company.
Petrejus I have now done as much as I think is possible for me to do. I have had an expert to create a gmail address for me. i have asked the support for Laxmi to send another e-mail with the secret information to that e-mail address. If that does not happen I t hink I have to face the loss of my 750 000 tokens
I have a general question about the utility tokens... They're supposed to be burnt upon delivery, right? Is that even possible, to burn tokens in someone else's wallet? And, for example, if they are now issuing utility tokens and putting in our wallets as a collateral, that I understand are meant to be burnt and replaced with cash if available on or before March 15th (?). How does that work? I guess we'll see. I just wonder about the technical stuff, since I'm new to crypto. I really don't understand how it will work, as a wallet is supposed to only be accessible with the private key. Maybe there is some kind of process of signing an agreement for the exchange, as Ethereum is some kind of contract?
Crypto wallets cannot hold cash, right? So there must be a link to a bank account somehow as well. Or will the exchange be for an equivalent value in Bitcoin/Ethereum?
They have been setting up accounts and filling tokens for the past 17 days. RISO (rice) is first, as you can see on this list.
https://etherscan.io/token/0xb87CF5b60111A7145ddfcFcBD2D809088085E056
Anyone who owns vertical shares and hasn't received an email yet, with a wallet address and password, should contact Likhitha at support@mycow.io
She will make a ticket and set up an account for you.
Is there a new projected date from the February 1st tokens transfer date?
K
Here is the Web Form for the Asset Custodianship Designation Form.
PDF version is also available but I can't post it on here. Please email ir@mycow.io if you want it.
https://na4.documents.adobe.com/public/esignWidget?wid=CBFCIBAA3AAABLblqZhAUgnUBMs7vmAQDww7HKuE84lOh5k9KobNxu6VN20jMvc-jwOHgn9uZLra02sg7Efw*
Petrejus Thanks for your information! Today I have got help from a professional to create a gmail account and I have the password. I will test whether it works tomorrow morning. But I am now able to read a newspaper that I could not read after the Google problems arose. I just wonder if I have to return some information to Laxmi's people if I am able to access the information I have not been able to open so far.
The process for me was like this:
- I received a secure email from ir@mycow.io.
- When I clicked the link to open it, I got a notification that a verification code from Google was sent to my regular (non-Google) email address and I was asked to submit this verification code.
- I submitted the verification code and the email opened and I could read it and copy the information. I could not select and copy the text, but I could make a screenshot.
No Google password whatsoever was required, except for the verification code that was automatically sent to me when I wanted to access the email.
I hope this helps, Snow.
karla You ask the wrong person. I am no insider.
Is there a new projected date from the February 1st tokens transfer date?
K
Whatever works best for you.
I would access the email together with the person who is helping you with the Google password. Then you need to save the information which contains a password and some other info about your account. I made a screenshot and saved it on my harddisk.
If you are too late it is a simple matter of writing to support and ask them to send it again. I would think. You won't be the first person who doesn't open his email for 8 days.
RD I also have the option to contact others that I have to pay tomorrow to come home to me to get me a Google password. The help on Wednesday would have been free of charge.
RD Do these 8 days relate to the day I received the e-mail I cannot open? I received that information on Thursday February15. That means that the last day I can open it is Friday in the coming week. This means that at least I will have a couple of days to open it if I get the Google password on Wednesday. If I don't get the help I need it might be possible to e-mail it in a less secure way on Thursday in the coming week?
Dear Laxmi
I have been in communication with your daugther L... I did not realize that time may have run out before I can open the first message e-mailed me. Are you willing to see to it that it is e-mailed in what is possibly a less secure way so that I can open it tomorrow? I am able to open other e-mails straight away. I guess the very important information could be opened in the ordinary way too? At least I feel I have more or less done my best to retain the right to my 750,000 tokens.
RD Your information makes me nervous.
Petrejus What you suggest was more or less what I tried to communicate in my first response when I was unable to open my e-mail. I got no response. I assume that they will not be happy to do that because of a feeling that it would reduce the safety of the communication. I am ready to go through a good deal of hassle because so much seems to be at stake. The money will presumably end up in Nigeria when I die and reduce the number of teenagers who give birth to children at too early a stage in their lives. I have written a will ensuring that. I feel a moral duty to do my best for these girls.
The word(s)/ ..."tiresome journey"..., why i have used, is certainly known to some who have seen my death-defying journey... I do not wish to expand or explain more about it but will keep my emotions to myself... what matters at this point is our closures ... our hands in togetherness and our working towards making this group cross $100B Targeted AUM for 2025 that we ambitiously put on our website (www.mycow.io) as our targeted goal for 2025. For some this target is looking quite ambitious but to me it looks completely possible that we will cross this milestone for 2025 -- Those a few who thought that the company is getting enriched by asking shareholders to pay $0.01 will definitely know what we hold as our value when we payout the cash dividends; when we redeem all unsubscribed shareholders out of our group and when we progress on our verticals... The words "tiresome journey'....I will surely explain when we all first meet ....
Wishing everyone a very happy SUNDAY!!!
Yes your split statement addresses it well Snow,
I don't know if you need a Google password, but the info you are trying access is only available for 8 days. So you probably need to contact support anyway and ask them to resend the email.
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