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My suggestion is to ONLY post here with updates and relevant info and stay out of the back and forth conversation. Responding to the negativity is not helpful or productive. I have said it before and I continue to believe that the best response is to produce results. I know you are working hard on delivering, but until tangible results are seen there will always be those who will question and make comments. No amount of words can silence them.
Delivering on promised results will silence many doubts and turn the tide. I continue to believe that we are nearly there. But we are not there yet. So my request is that you refrain from responding to all the noise and only post here with meaningful updates.
Thank you Karlacorn -- Will abide with unfettered commitment ....
Dear Laxmi. Please do not venture into the questioning of whether you should post here, or not.
As a pained entrepreneur, I would like to write to those who are negative on us, Please assume no hope on this company -- think you lost what is invested like any other trade you make on the floor -- and then anything that turns positive from us in real terms would appear a very positive outcome -- until then please keep no hopes at all -- The reason to post anything here has never been with an intent to raise money but to keep posted of the developments in the company -- I have written many times here -- The quantum of subscription we received from any of you has never been significant to the amount that we as founders and the company internally spends to progress in its vision. The total investment subscription including anything that you invested on ITUP as a market play does not match a fractional % of the Cash Grant we are readying to pay. Honestly to write, the total subscription received from any of you folks does not even match what this company paid to the few shareholders here that I have very passionately taken them into the company to support my shoulders. I am not disrespecting anyone's investment and not defining the size but writing so to clarify and respond to the vulgar comments I see on this exchange disregarding the depth of one human and his efforts -- Horrendous mindset -- Frankly I do not need to even be present here and extend no communication other than a normal response that any other company offers or does not offer when somebody sends any communication -- there is even no need to take the pains of pulling any efforts to make the cash grant out of verticals that are completely private. And there are hardly not more than 20-25 investors on ITUP from the market and the total purchase from all these investors is not even more than $300,000 (even that money we have not received but the sellers from the market - none of original investors from my end when acquiring this company have exited any single share anywhere). But, It is the emotion and the 'togetherness feel' that makes me write here. It is the responsibility that makes my heart to update. I am not even a company on the floor and there is no speculation here that some of you all the time do on market floors to gain or loose money. I never write like this but these last few days of communication and the intolerable communication extended on this blog on the efforts of the founders are forcing me rather -- I know many of you have dealt with many startups and some do not even get traced. But, as a responsible founder, I stand between all of you, and update whatever is happening. We struggle, not pay ourselves any compensation but we burn our time, energy and effort to see the vision of this company successful. Every bit of the development -- positive or negative I explain with brutal honesty. And talking of the progress or result -- the effort and the progress is intangibly so huge that couple of large banking groups discussing with us to underwrite the entire block of 20 million shares and the pricing is market matched. I always write and I am writing now -- Rome is never built in a day but the remains of that empire are still visible -- The mission is life size and to unfold the vision, we have worked and crossed several excruciating challenges and some were even mission impossible but we never gave up in exhaustion. I can go silent as I am advised to go silent but I feel this group is like my extended family. I can just behave like any other company but I consider a few members here as of mine and treat all of you like a mirror to see myself and gain comfort and the responsibility out of it. I write here to increase my commitment that I should definitely "DO".
I just appeal -- Please kindly stop this negative writing....stop this smear ..... stop this horrendous and painful blood shower on one entrepreneur who is genuinely working his might to put this company with a very life size ambition. The effort is not to seek any wrongful personal richness but the zeal to impact and bring a change to the economic lives of many thousands who are suffering ...Any vertical or instrument that we have chosen has its significant focus towards uplifting an economic cause, including our choice to undertake Nigeria...or go deep into the rural of India or Indonesia...Every dollar that I have from wherever I receive first goes to the company ...Never there have been incidences of me spending luxuriously on anything disregarding the interests of the company and its survival. My entire family works for this company contributing significant hours...Not every entrepreneur is fraud, scandalous or cheat...We are rather burning our souls to roll this vision and to see shareholders gain value. Nothing else matters for us other than this company - we do not even look at any partial opportunities including investing outside ...we just put our blood, money and energy into this company..... If you think we are one in the several you have experienced in the market and assume all of our writing here as fake/ambitious/assumptive, please write us off in your mind and, when the results seed in, I am sure your heart will then recognize us. From my end, I can vouch, we are dying to make this company and its vision quite a life size... I am just pained to read through all this exchange and I just hope this horrendous practice of abusive commenting should not force a few genuine entrepreneurs like to me to death...Very painful and slanderous... Please all let me know if I should continue to post and update... And pardon me if I am communicating emotionally -- I am indeed emotional....
Laxmi Prasad
RD As you can see the bid is just about 50% of the asked price in HERB. If I had been able to buy shares for 5 cents I might have bought some more. But the other day Alpha ???? recommended a NASDAQ stock that looks cheap regarded as a serious company. Last year revenues grew a bit more than 40% and profits more than 100%. The p/e ratio based on net earnings last year is about 15. That looks very cheap to me taking into consideration that net earnings are projected to grow about 27% this year and future prospects look very good.
Yes, Laxmi. You shouldn't even be here. I warned you about this as well, beforehand.
After those morons now you have started RD,
Do not you understand you are instigating them...
Let the shareholder directly write to me if they have any loss of confidence and I will answer them...
The people I talk to (shareholders and friends) are losing confidence in you quickly now. And I find myself defending the company more than I want to. I'm not even supposed to be working now.
You can't keep delaying things all the time, miss targets and deadlines all the time. That is quite self-destructive for you and the company as a whole. It really doesn't take a genius to understand this.
Show us the money, Laxmi.
You should buy some HERB with that money and get in ahead of me. Because I'm going to rock the boat after I receive the dividends from MyCow.
Friday night -- I am advised to wait until Friday...
Aren't you on a plane to Hong Kong yet?
I still see a lot of talk BUT NO RESULTS
Dear All, Lets come back to business burying these morons to their peril...
We have discussed today with the banking group that we will be placing 250,000 grains of gold (16.2 Kilos) for trading, currently priced at $27.144 per token ($27 base price) of which we are charging $6.144 pricing per grain including gas price plus $21 as token premium.
We normally follow 5-10 days cycles to rotate the inventory but 16.2 Kilos of gold has every potential to circulate on a daily basis... We figured out that 250,000 grains is an ideal size inventory for circulation....
As the inventory turnover improves, so the NAV changes per token.
More in the coming weeks,
RD At least as far as stock prices are concerned you have a point. My view is that SPZI is probably wholly or largely a swindle. There is next to no documented information available. The pps is up several thousands percent since December. But a lot of shareholders seem to "buy" all the dubious and extremely positive "information" presented by the person who now has full control of the company. He appears to have a dubious past. I soyld most of my shares but still own some shares. In IQST the leader of the company and a couple of dominant posters try to communicate that itis growing revenues very fast and if the company is barely profitable that justifies an extremely high market cap in relation to profits. The whole focus is on revenues. I don't buy that line of reasoning and sold my shares after I have tried to assess the most realistic prospects.
Will follow your advise as a fatherly figure and I leave these discussions to these scoundrels to their peril....
I will be creating a group on the telegram with all shareholders and yes it is worthless of our time to be in midst of these morons....
Dear Laxmi,
"I deeply appreciate Karlacorn and I will definitely be posting the updates" Thanks! I would like to mention that it is possible to post updates when that is natural and to only post contents that are ok. in a public forum. I think we as shareholders or owners of tokens deserve updates in this forum by you or somebody you entrust to do that. But it may not be a good idea to discuss questions that relate to our investments between yourself and other employees in this forum. Perhaps such discussions should be undertaken in that other forum - Telegram. Moreover, it may not be a good idea to engage in discussions with posters who may not even have a financial stake in your various businesses. It may be a waste of your time and lead to nothing of value for anybody. As an old man I hope I am able to present some good advice....
I have said facts and truth without using any slur/slag/vulgarity word
You're a scamer laxmi
My words are exchanged for the words used,
There is nothing more for us to discuss. Stop this nonsense immediately.
Word you're using I will make sure the same will be mentioned were I want
Keep going laxmi...your daughter must be reading all this and might be Geetha too
They really felt embarrassed I guarantee it
RD, This guy is punishable as he is provoking me beyond my limits...
You are still replying, Laxmi. This was so predictable. 100%. I may have to file an official complaint with the Board of Directors. That is what it may take. Because you will only learn the hard way it seems. Actually, I know this. You just can't help yourself.
This guy looks to be a fisher in the ocean and this is hence named himself as such...
Certain hopeless parasites have any nothing else to do but live on this activity attempting treachery on others
He does not understand none in this group are caring him except my enjoyment with him for sometime in a day like a foreplay....
)
Investor are always allowed to keep their point of view infront of Company owners
But when it comes to scam/fugitive leader they won't allow you to say and stuck down by their manipulating words
This RD/laxmi are same scammer
Forget about dividend they won't allow you take back your invested amount
I suggest you not to get more involved in this and forget your money
Mycow will change their name again and pull more investment by selling dreams
Yesterday I got to know laxmi has not paid single penny to their employees
Many of them are below poverty ratio
Now imagine what they are going through
He extend day by day by giving them false reasons...
This fugitive will be taken down soon
time answers ...Why I said we will list Interups back at $100....
For now, we will focus on the verticals...
The same market "rules" apply to this company. Every CEO thinks their own company is special but that's just an illusion.
The way things are now, you are better off letting both companies (MyCow and Interups) remain as private companies. Being a public company will negatively affect the market value of the shares and/or tokens, as we have seen in the past when Interups stock dropped as low as $2. This company doesn't have what it takes and it is certainly not learning fast enough. Certainly not listening to me.
Am I bothered by this? Not really. Because the MyCow tokens will still have good value for the shareholders, probably. But the $100 you are targeting for the Interups shares is not even going to hold. I'm just telling you now because it is the reality. The reality we must all face. Thank you.
I do not wish to make anymore debates here RD...
We both are talking the same but in a different language...
But one thing,
Delivery -- results, promises, expectations, communication, corporate governance ---- Please kindly note --- we are in a totally new world...
traditional market dynamics have little room to play here...
If i write to you, gold multiplies by 7,500 to 1,877,395 times in 5 years it shatters all market capitalization theories you are talking about but yes that is what is possible ...It does not count for any of what you have spoken but the deep financial compounding principles we follow that disregards everything...
It does not even depend on shareholder recognition -- it just depends on what we do on this commodity in the market...and how fast we spin it and keep cycling ...
and the investor multiple is not by market expectations or managing shareholder expectations -- it is by mathematical algorithms...and the way we keep compounding the money... It looks crazy, unrealistic and mission impossible but that is the real financial spindle...we are adopting.
We are not even a pebble but that pebble is recognized because of these algorithms we have set in place that is puzzling some large minds...
This said, it does not mean that I disregard shareholder values and what they measure ...
We are just a different animal in the market ...I just wanted to highlight this,
Rest, we are rolling 16.2 kilos (250,000 gold grains) and we will keep a watch how this moves....
this will make all of us live as each cycle offers $1 per grain for us...
.....
And market capitalization is my domain.
If you want to get a proper valuation for your company, for your shareholders, then these things matter
- delivering results
- delivering on promises
- managing expectations
- communicating properly
- corporate governance
- and, being able to tell the story in such a way that it is easy for everyone to understand.
Many things this company has yet to learn
What doesn't matter all that much is
- revenues
- assets
- profits
- assets under management
- and how many tokens we are selling
This may come as a bit of a surprise to you, but that is simply how the market works.
Investors are just not that bright in general.
It's how they feel, that matters. Not what they know.
Delivery and execution to me are completely different dynamics RD.
My objective and the delivery from my chair and responsibility is not just the cash or compensation payout...
It is building the organization from grass root levels and keeping it remain tall over decades or centuries for our next generations to enjoy the legacy...
It is like the hard work of any laborer that is engaged to lay the bricks in the construction of a tower....
And I do not wish to falter these steps getting succumbed to pressures, financially or otherwise as the vision is life size...
Each vertical underwriting at its base value is $540 m (27 x 20 m tokens) and we have listed 37 such tokens in our 3 year road map, with potential for each token to offer multiples unheard off...
My mind is not focused for today... and it will never be ....I have put 108 B as our asset management focus and nothing other than this rings in my mind...
Every step that I put is towards this and I am sure that will address all the rest of the issues...
I am working with the platform provider to initiate 250,000 grains of gold (16.2 Kilos) as launch inventory and I am working with them to launch rice trading also ... would aggressively take initiative to circle inventory in the most efficient way we will be able to ...
Let us work and solidify the interests of stakeholders,
LP
It's time to deliver Laxmi, and I mean it. Execute.... I don't think anyone cares about this soothing talk anymore.
my relationship with RD is like two thick souls with common interests to serve the company and its shareholders...
and because of this we may appear to be breaking bricks but we have tons of affinity ...
It's like SIAF all over again but this time you are employed by the person you are yelling at..........if nothing else, you are very interesting to follow. Maybe you guys can hire Solomon to get these dividends paid!
The assets (stock) that the company owns has done well. Up 60% the past 6 months. Wow. That's a lot of money.
As a company head it is my moral responsibility to update what is happening with us -- good bad worst...and I will sure be posting here.
This said, yes I should not have spoken the language i did but that was when I got provoked to the extent that I write the language ... I am advised I should not respond to those marginalized posts and I will not...I have engaged the law and the enforcement to handle those people. It is important for the company. But as a company head I will continue to post and update the progress whichever way it is happening....
I have one appeal to make -- It is time for all of us to remain united and extend our shoulders for each other ...We have definitely walked through the darkness with tons of patience and our determination made us to feel the dawn and the sun to shine on us... let us not make this a war room but a pleasant exchange and focus with the right spirit. Our efforts are recognized after years of battling various situations (demonetization of rupee, pandemic, 2023 Bay Area Collapse and even regulatory challenges through investing arms...and what not)...We have challenged and swam across heavy currents and reaching the shores now, about to be blessed that will completely change our lives....
Cash Grant (I will not call it dividends), establishing the trading platform, increasing our global presence with entry into Nigeria and South East Asia, and expanding sales networking into Europe....Our minds are fully loaded until 2027...and I appeal and invite everyone to discuss on these subjects that are relevant for this board ...as these are in shareholders merit....
Appealing calm presence!!!
Sincerely,
Laxmi Prasad
My opinions are allowed as a significant (everyone is significant) investor. For you to suggest otherwise is an unfortunate representation of the Company.
The negative engagement you referenced should not silence the helpful and appreciated communications with members such as Material, Snow, Karla, etc. You do not have the right to demand silence. You should not have the desire to demand silence.
Again, my communication was to Laxmi.
I'm sorry for the offense you have somehow incorrectly perceived.
K
Thanks for your response RD but my comms are to Laxmi, not you. Laxmi is an adult, and the business owner.
I'm sure you have a wonderful CV of experience, but I'm left to doubt it includes business communications and accountability to shareholders. Respectfully submitted, you seem to believe that those who are invested have no right to communicate unless you say so (dictator tendency suggesting blind obedience). In that, you would be incorrect.
This is an important forum, and the definition of "forum" is as follows: fo·rum /'fôr?m/ noun 1.a place, meeting, or medium where ideas and views on a particular issue can be exchanged. "it will be a forum for the business and investors to exchange information and thoughts"
Gleanings from your well intended but unsolicited replies:
You say you will abstain from posting.
And you say you will post updates.
WHICH IS IT, LAXMI ???
Don't get me mad on this one.
But you said and promised several times that you wouldn't post here anymore...
Does anything you say have any merit?
Karlacorn,
Laxmi already told you half a dozen times that he will no longer post on this forum. Please respect his decision. It is what most people have agreed upon in light of recent developments (on this forum). In fact, if he does keep posting, he could be in real trouble. IMO.
I also told you, you will probably get an official email when we have the fixed dates for the dividend. From MyCow I suppose. It's probably mandatory as well, to inform the shareholders.
Now, if there is anything else to discuss or developments we can share, I will post it. But this will be off the record. Not official. And not guaranteed. As we are unable to give fixed dates at this point in time. You know this.
There isn't a lot to talk about. Laxmi has to travel to HK and set up banking there in the next 5-7 days. Then the dividends can be paid from there. If there aren't any issues. Just be patient.
I deeply appreciate Karlacorn and I will definitely be posting the updates --
Dear Laxmi, you just told me the following.
I will abstain from posting ...
It is that moral conduct that forces me to write ...
But yes, I will not post ...
You can't stay here Laxmi. It's not just that you have told us half a dozen times that you would no longer post here. It's also risky for you and me to be in the same place right now as we might end up in a fight. Not until the financing issues are resolved.
You can't stay here Laxmi. It's not just that you have told us half a dozen times that you would no longer post here. It's also risky for you and me to be in the same place right now as we might end up in a fight. Not until the financing issues are resolved.
We will be fine...
Not going to discuss this any further in the public domain. But you know how I feel about certain things.
Thanks for reducing uncertainty and explaining things Laxmi.
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