Interups Inc (ITUP)

[snow]

Thanks a lot Laxmi! I e-mailed the leader of the organisation of my plan earlier today,

[palaypu0406]

perfectly read planning and the best thoughts Snow --
And I promise our best possible cooperation from our end!!

Laxmi Prasad

[snow]

Dear Laxmi

You wrote: "like how Snow wants to gift his tokens to some deserving population in Africa..." The word "gift" has made me think a bit. I have come to the conclusion that a large part of my gift should not be given when I die but in the next few weeks. If I have tokens in rice and gold they will at a value of 27 dollars mean that I have to pay an annual wealth tax of about 100,000 dollars. But if they are given to an altruistic organisation that organisation will not have to pay any tax at all based on the information I have read. Moreover, I will not have to worry about the private key or keys being stolen or lost somehow. For this reason my plan is to soon contact a person representing the organisation in question with a view to transferring my rice and gold tokens to that organisation. I hope that your people will cooperate in a practical way since about 8 million dollars now and possibly much more next year can do a lot of good for an exposed group of women in Nigeria. Therefore I entreat you and your people to act in such a way that this goal can be achieved in a safe way.

Kind regards,

snow

[RealDutch]

Nah, most people especially the ones who took a beating have moved on. They are happier not owning any stock at all. Except for Rock who missed the boat twice with ITUP not due to his own fault. Otherwise he wouldn't have asked for any favors.

We did the right thing.

[karlacorn3]

Thanks Laxmi. Understood.

K

[MaterialMind]

I do remember the regulars from SIAF/HERB/NUIN/ABPR/etc. But of course I don't know ROCKHard's personal financial situation, though I do know we all took a beating in one or more of those. Glad for ROCKHard, 10k tokens goes a long way at $27+. Not looking to debate it, just wanted to raise the questions as I do suspect others might come knocking.

[palaypu0406]

yes Karlacorn, It is just rice that is listed as of now and by this weekend, we will have SIRI (Gold) tokens -- Rest 4 verticals we will list after the money is credited.

[RealDutch]

And whiskey and aviation. Should have been paid for before Jan 16. Or perhaps not. It is hard to keep up.

But some people have paid more. Some paid less. So it is not set in stone what you own (officially).

Laxmi already answered your question. Gold will be issued soon. The rest after remittance.
But you own what you paid for. Even if the tokens are not in your account yet.

[karlacorn3]

Rice, Gold, Food Carts. The question is why aren't (when will) these all listed in the mycow.io accounts and associated wallet(s).?

RealDutch

Member Level
Re: Fedel post# 8273

Wednesday, November 29, 2023 11:01:46 AM

Post#
8274
of 9336
1) 25748 ITUP shares will give you 25748 vertical shares (directly)
2) will also give you 25748 x 4% / 0.15 = 6866 Cow shares (through IREEM)

You get 2 vertical shares for every 3 Cow shares
2/3 x 6866 = 4577 vertical shares.

Total vertical shares = 25748 + 4577 = 30325 vertical shares (of every vertical company)

You have to pay before december 4, for vertical 1+2+3 (gold, rice, food carts)
30325 x $0.01 x 3 = $909.75

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

Vertical 6-9 is due some time next year.

If you subscribed for IREEM/Cow shares independently, you have to add those vertical shares as well.

Check the numbers yourself, using the company email that was sent yesterday. I am not responsible if I provide the wrong information.

As I said before, you have to send an email to [e-mail] and ask, then they will send you wire instructions.
Do it today, to be safe. There is a lot of money at stake.

[RealDutch]

How do you know which verticals you paid for? Can you provide proof (on paper) which tokens you purchased?

[karlacorn3]

Dear Laxmi. Thanks for the reply. I'm speaking explicitly about the tokens purchased in Dec 2023 not being listed anyplace, notably in the mycow.io accounts. I'm looking for the official ownership of the purchased assets, as I believe Rice is the only one of the purchased verticals that's listed?
Thanks
K

[palaypu0406]

We have issued for Rice on ethereum Karlacorn and in this week we will be releasing tokens on Gold as we can now begin gold trading for non-us persons.
The next on list is whiskey, real estate, Fractional Plane Seats and Food Carts. For these we will until the money clears as each issuance is expensive.

[karlacorn3]

Dear Laxmi. When will shareholder token assets be fully reflected in mycow.io? In the future, will purchased assets be reflected immediately?
K

[palaypu0406]

- We're soon to be approaching 6 months to monetization for those who bought in in December 2023 --- The money has been "there" for months? 
You are talking about 2 different inward remittances here that we attempted Karlacorn -- The first one was from an investment group -  they offered us quite less value per token, in cents -- We still went for it as we needed money. However that did not workout as we discovered that the money had Fatca issues.  However, god helped us, as we offered the same 20% of vertical to a large bank for a whopping $27/token.  We might have starved for 10 months but I should write to you this wait gave us more than 60 times in value.
The Second money that we are pursuing now is our own transaction money and not any equity -- The quantum size is $52.59 Million from two transaction values and dollar for dollar match from a private equity firm.  We are clearing multiple regulatory matters on this and I should write to you we are even quicker than many others -- We crossed 2 stages and the final one, we just were able to close the liaison advocacy fee a day before.  I am hopeful we will have the clearance in the next 10 days. 
Some clearances take 9 months even -- I should write to you, we are lucky here and this progress would not have been possible without deep liaison. Not to blame the government as there has been tons of abuse exploiting the system. Plus there is a lot of terrorist funds moving across and also because of elections and war, there is an additional eye of scrutiny on the money.
- Is it near a time wherein the regulatory agencies in question are liable to some extent?
No, we cannot, Rather I should write they are doing their job -- And in fact our case turned much quicker.
- Which "agencies" are involved? Indian Income Tax Department (Tax Clearance), Reserve Bank of India - FEMA Clearance (Foreign Exchange Management Act), Enforcement Directorate, US FedWire, and US Federal IRS (Foreign Tax Credit & FATCA compliance)
- I'm sure these agencies would have to assume there is a negative impact to business. ...for both receiving parties and to "those" who initiated the funds?They just do their job Karlacorn - Their responsibility is to ensure that funds are clean, taxes paid on both ends, and not have any regulatory blocks...
- Mitigating actions being taken? Time to reach closure and payout?yes karlacorn -- we discovered one enforcement block from 2007-11 times is pending. We were carrying Tax Preparation Business, outsourcing US Tax Returns to our Indian Captive Entity and in this process, to manage operations and to purchase 100% equity of the Indian entity we wired $4.24 Million through regular banking channels.  While Remittance was all appropriate, there is an obligation that we should submit Forms addressing the purpose of remittance to RBI (Reserve Bank of India) within 30 days of remittance receipt. While we did many times, our banking department failed to file a few forms and the RBI prompted action through the Enforcement Directorate. Unfortunately it went unnoticed as this business was closed in 2011 as due to Lehman Brothers effect, IRS then restrained that we should not process US tax returns outside of the United States. (now it is allowed with the preparers following IRS qualifications).   And within the US, it was cost prohibitive. Penalty for non-filing is severe and we appealed that non-filing was unintentional ignorance and that we as founders cannot be punished so harshly for negligence of the staff.  After years of negotiation, they finally levied a simple penalty determination. We paid out this and now the file clearance is pending. Due to election time, the entire enforcement team is on election duty across the country (as a lot of cash flows across into multiple constituencies and the department monitors this 24x7)  and to push the file up for clearance we have appointed a liaison contact and we paid out this advocacy fee yesterday. We are promised within these 10 days the file will push for clearance and this will see the remittance credit we are waiting for.

- We've been repeatedly told of "issues" without understanding the details and mitigations? - We're told to be patient without understanding what we're being patient for?
These issues cannot be spoken on the hub as they are very sensitive Karlacorn as we cannot discuss government issues in open public as we never know who is supporting us and who could be harming. For the limitations of not being able to discuss these online and in public, I am forced to request to be patient without narrating the details. 

However, we paid the penalty money and the file should move now into clearance. I do not know exactly how much time but the blocks are resolved.  The liaison contact told us it should clear within 10 days.  I am just hopeful we will have the clearance. 
The other side, we progressed and signed our agreement with one very large European Banking Group that has undertaken 20% of each of our verticals to be distributed and another 4% underwritten. We also progressed in successfully negotiating 20% equity in their token aggregating platform and this understanding is for a consideration of $18 Million Euros (120,000 Tokens in 6 verticals @ 25 Euros per token). Any differential in valuation of verticals (other than gold and rice) to be paid out by us within the time limitations. 
We also readied the token platform for trading and activated INR to USD conversion for Indians to begin trading ...
I believe in pulling the business into operational mode and despite capital blocks we are able to reach this stage as this trading could mean huge cash freedom for all of us .....

Dear Karlacorn, please let me know if I should answer any other points and I will in all transparency....

Sincerely,
Laxmi Prasad

[palaypu0406]

Dear Karlacorn, I believe in total transparency and I also felt I should answer my response here so everyone will understand the internal dynamics of it. I apologize for the time i have taken -- Its just been time I am swamped with multiple action items the same time...and all were at their critical ends needing my complete attention.

My response to your queries in the next message I am posting --

Sincerely,

Laxmi Prasad

[RealDutch]

So many problems. Imagine the problems I will be facing when the value of the tokens rise to $100 or even $1,000

[snow]

Dear Laxmi,

It is in my will that my net worth will go to an organisation led by a Norwegian woman that helps especially teenagers in Nigeria to reduce unwanted pregnancies. If I were to die tomorrow you will be contacted in relation to the value of my tokens because I have given people who are representing the organisation in Norway your phone number and e-mail address as far as I remember. The responsibility the high value of the tokens puts on my shoulders is quite heavy. You could lighten that burden if you can see to it if I don't receive the private key to my digital wallet before I have been able to find a trustworthy person or a firm of lawers or somebody representing Effective Altruism that will manage my Digital Wallet. If I get more tokens related to gold before very long those will be very valuable too. I am prepared to pay a reasonable fee if those tokens can be placed in two new Digital Wallets. As you know the total value of the Digital Wallet is lost if the private key is stolen, destroyed by fire or in some other way.

[RealDutch]

Here is the latest. I was right, it is much cheaper. But can they make it work?

https://worth.com/first-lights-electric-gun-brings-fusion-power-closer/

[RealDutch]

https://firstlightfusion.com/media/first-light-fusion-announces-close-of-series-c-fund-raises

Oxford, UK: First Light Fusion, an Oxford-based global leader in researching energy generation via inertial fusion, is pleased to confirm the close of its Series C fund raise, raising $45 million from both existing and new investors.

Existing investors who have backed the fund raise include Oxford Science Enterprises (formerly OSI), Hostplus and IP Group plc. New investors include Braavos Capital and Tencent.

2021 has been another year of significant development for First Light Fusion. The Company procured, installed and commissioned its latest piece of equipment, a two-stage hyper-velocity gas gun nicknamed the “Big Friendly Gun” or BFG, which at 22 metres long and weighing 25,000 kg, is the largest of its kind in the UK. The BFG fires a 100 g projectile at a velocity of 6.5 km/s or 14,500 mph (about 20 times the speed of sound) into the “target”, the centre piece of First Light’s unique technology. The BFG complements First Light’s electromagnetic launch device “Machine 3” enabling the team to explore a different parameter space by launching larger but “slower” projectiles.

In the past twelve months the Company has grown to 67 people and has expanded into larger premises to accommodate the staff and the new equipment.

More recently, First Light was proud to have been selected to appear as one of the twelve showcase companies at the UK Department for International Trade’s Global Investment Summit (“GIS”).

First Light’s approach to fusion, which is safe, clean, and a virtually limitless source of energy, has the potential to transform the world’s energy system. Unlike existing nuclear, there is no long-lived waste, no meltdown risk, and raw materials can be found in abundance. Unlike many other fusion approaches, First Light’s power plant will largely leverage existing technology and materials.

2022 looks set to be another significant year for First Light. The new funding will be used to accelerate the development of First Light’s “gain” experiment, whereby the amount of energy generated outstrips that used to spark the reaction, and to perform further design and engineering work on a First Of A Kind commercial fusion energy power plant based on their technology.

[RealDutch]

Perhaps we should invest. This can solve climate change for us.

First Light Fusion has raised a total funding of $105M over 4 rounds. It's first funding round was on Jul 01, 2011. It's latest funding round was a Series C round on Feb 14, 2022 for $45M. 5 investors participated in it's latest round, lead by IP Group, Oxford Science Enterprises, Hostplus, Tencent.

To understand the principle, I think it works roughly like this.

A fusion reaction only occurs at extreme temperatures (in the core of the sun). These extreme temperatures are the result of extreme gravitational force on the core (which you get with very large objects like the sun), which in turn results in a fusion reaction. Which gives us "free" energy.

We are mimicking the gravitational force of the sun by using an implosive force that is 20x larger than the initial projectile (fired at it). This causes the heat, which in turn will result in a fusion reaction. Very interesting stuff. And probably much cheaper than the fusion reactor that other people are trying to build.

[RealDutch]

What is 4 cm long, louder than a jet engine and hotter than the sun?

[palaypu0406]

Human excellence is when we think beyond dots and get connected -
like how Snow wants to gift his tokens to some deserving population in Africa...

10,000 over 100 Million tokens is 0.01% and if that saves someone from financial suffering,
trust me, it offers millions of blessings from that heart to this company which vibe will help it gain stamina and set footprints ....

There were times in 2012 -- even I had to sleep with my family in one New York Shelter Home
It's the time when sandy storm shook the city and I lost money overnight as at one of the vaults that was preserving Gold their employee got electrocuted and company went bankrupt, forcing us loos entire metal that we were preserving for a temple. It's a separate issue that I was able to climb back but certain of these are lessons that we learn from life and god makes us face it for a cause. If I were not helped by a few then, I would not have gained my strength....And so is RockHard.... Even now I am supported and there are many on this handle that extend support me to push this company forward, even at their suffering. Without that human connect, societies would not grow and there is no economic building for each other....

I just have one appeal for Rock Hard .. these tokens will gain tremendous value ....as RD rightly said they will gain three digit value (Non-guaranteed) as we steam the trading mechanism..... I am not sure how much is the financial suffering that RH is undergoing but once these tokens gain value and he is able to recover and gain financial well-being, I appeal to him to support the cause of some deserving and needy... It is our responsibility to share and spread the economic well-being, being responsible citizens.

I request let us not debate this anymore -- We just wish our support will help him gain his foot back...

Laxmi Prasad

[RealDutch]

1) I reckon you can't see his history of posts so let me tell you. ROCKHard is not a stranger. He has 317 posts (roughly half) on the SIAF board and another 41 on the HERB board. I wouldn't call us friends but we go back a long time, just like you and I.

2) He wanted to invest in IREEM/CCAC in 2022 and specifically asked Laxmi about it. But he was unable to invest as he wasn't an ITUP shareholder at the time.

3) I had been trying to sell tokens for $0.05 six months ago when the company desperately needed money. I could have asked ROCKHard but I didn't. I had to draw the line somewhere. But if I had asked him, he probably would have invested.

4) You are right. I have been telling people for years that SIAF would sink to the bottom of the ocean. And anyone who decided to stay on board has only himself to blame. That is not the reason why Rock is getting free tokens. I just don't feel like debating the issue because it is not all that relevant. People got hurt. For sure, and Rock is one of them.

5) I started by giving friends who have really helped me in the past 5% of my tokens. They received close to 50,000 tokens last year (a bit more for vertical 1 and 2). I later added some more friends because I have so many tokens anyway. Laxmi issued them from the company as he didn't want to reduce my stack. Rock is getting 10,000 now. I don't think it's disproportionate. It would have been disproportionate if we had given him 50,000. But we are not. 10,000 on 72 million outstanding is very tiny.

6) He is getting them from the corporate social responsibility reserve. So it doesn't cost the other shareholders a dime. That is what the CSR is for. To help people who really need it. And Rock has been following ITUP for years. He also knows about RAS (SIAF). And we are building a new MegaFarm giving investors a new chance.

All in all I think it's fair MM. Yes, taxes have to be paid. That is his problem. On the bright side.... most verticals aren't worth anything, yet. So no gift tax is due there.

[MaterialMind]

This is a weird discussion. Someone who is NOT a shareholder, but lost money investing in ANOTHER company will be entitled to shares from the corporate social responsibility? That sounds iffy, and extremely unfair. What about everyone who has risked their money investing in this company, and continued to support and invest in CCAC/IREEM and the verticals (not to mention the numerous other things like the convertible, and direct investment in gold, rice etc...), despite the PPS of ITUP being non-existent? We're many who have lost a lot on SIAF who are on this board and have invested in this company. Are we also getting these sudden bonus shares? Showing up when something is materializing, though with absolute ZERO skin in the game, and demand a piece of the pie... jfc.

RD, you got a sweet deal, and I don't deny anyone to do as they like with their own property. It's a different thing when you open up the company's wallet. ROCKHard wants to paint losing money in SIAF as your fault, which is ridiculous (you already know this, and how many times have I read on the SIAF board where you tell people off, reminding them that if they had followed you actual advise, they would never have lost any money?). And, of course now there's a $27 valuation and that probably makes it a bit tricky, even though it's just tokens and I assume as such, could be transferred freely to any compatible wallet (I guess gift tax would be applicable though, which might be quite substantial).

[karlacorn3]

Sounds good, Laxmi.
Thanks,
K

[ROCKHard]

RD,
Indeed that's very exiting!

.

[ROCKHard]

Through Laxmi with the Lord's Blessing.🙏

[RealDutch]

Did you know that we are planning to build a 200,000 MT RAS farm for catfish in Nigeria? Much like SIAF's MegaFarm.
The total cost is $930M.
We already have a team of 5 working on that.
We can build 3 of them in Nigeria.
RAS will be one of the verticals. Soon to be added to the 6 that are live now (rice, gold, aviation, whiskey, real estate and food carts).
I told Laxmi this will be our flagship.
It's going to be very exciting.

[RealDutch]

Looking good for you, Rock

[palaypu0406]

You are right RD, it should be the company that should endorse any social responsibility ---

Dear Rockhard, I request you to kindly email to [e-mail] and CC me on [e-mail] and we will take this forward to support our best possible way..

[palaypu0406]

Dear Karlacorn, I will definitely address your queries today after sometime -- I just closed one herculean task and now getting back to the daily routine....Will sure answer today ......

[RealDutch]

You just missed the boat it seems.

[RealDutch]

Let me think about it. I wouldn't mind giving you 10,000 tokens of every vertical. The cost for the company would be insignificant and yet it would set you up very nicely.

The company actually has 3,672,000 tokens reserved for corporate social responsibility. We just need a valid reason to grant some shares to you. It is best if you receive them from the company. Not from me. For administrative reasons.

Ok. So one valid reason could be that you have been supporting the company for a while. Because this is your 4th post on our message board. Perhaps anyone with more than 2 posts can qualify for a gift of 10,000 tokens. Which would also include tbirdman. And a few more.

This is my suggestion. But Laxmi decides. Let's see what he says.

In the mean time, check your tax laws. Are you from the US? In my country the rules are such that gifts from abroad do not have to be declared (are tax free). Only gifts from within my country are taxable. Although it is what it is, if taxes are due.

[ROCKHard]

That sounds amazing, if true. If you remember I lost a considerable amount in SIAF yet I did not get a position/tokens offered to me. How about you RD sending me a few hundred/thousand so that I can finally lift my head up after Solomon had smashed it. If youi remember I came onboard due to your comments/ recommendations as you were one of if not the most vocal moderator.. Think about it and be charitable for as you claim to be very paper rich and soon cash rich also. I who have nothing, really could use some help. Hope for the best outcome...Do what you think is right.

[RealDutch]

It's a mixed bag. Isn't it always?

We haven't been paid in cash, yet. But will be soon. The reasons for it? It's a combination of not focusing and bad luck. Isn't it always ? Yes, it has been a frustrating ride.

However, we have been paid in stock. Specifically, RISO (rice) tokens are in our accounts and gold tokens will be soon. These tokens are worth $27 a piece now. Confirmed by the banks. I was trying to sell these for $0.05 six months ago but nobody wanted them except one person. One person who got burned on SIAF. We gave him some free tokens as well. But all my close friends have a substantial stake. As well as most employees. They are all filthy rich (on paper) already. Personally I own 1.4 million tokens on average. Multiply that by $27. Multiply that by 6 verticals and we will have up to 37 verticals three years from now. These tokens could be worth $100 a year from now.

You could have been one of us. There is a bunch of people on here who loaded up for $0.01 8-9 months ago. They are extremely rich as well. You should have been one of us. After all, it was you who said the company should hire me.

[tbirdman]

Anybody get paid?

[karlacorn3]

I'm sorry, but you sound a bit emotional...

"...your distorted view of reality..."

"I'm free to post wherever I want"

You have indeed always enjoyed unchallenged and often offensive (received as well intended I'm sure) posts... as is your right. My only point is that right is not exclusive. I hope you're not angry or lashing. Ultimately we as in-common communicating shareholders are in agreement. .

Respectfully,
K

[RealDutch]

I have no intention of debating your distorted view of reality in any way. And I am free to post wherever I want.

[karlacorn3]

RD. Here we go Again. I understand global business operations and the transactional variables of finance...

I see posts here in this forum that are pages long filled with calculations, projections and prognostications, yet when 2 or 3 relevant questions are asked you suggest that to provide what are surely known answers will bring "devastation and destruction". You suggest that meaningful and due communication is to be the downfall of the company. Simply, if the company will implode at the answering of three questions, then the company was not, and is not reliably functional... and if so, we would all be owed the knowledge of that fact as well.

This is the third time I've requested that you please do not offer a counter interjection when my communication is to Laxmi. Each of the other times you've replied that you don't recall interjecting.

You have had scores of aggressive verbal exchanges with Laxmi in this forum and I've never seen anyone interject and suggest you cease communications.

On the subject in point (payouts), you literally suggested to someone that they should take out loans to purchase vertical positions, yet after nearly six months of not receiving the backside of the agreement you offer a singular suggestion that Laxmi not communicate... I respectfully shake my head in disagreement as your suggestion has no basis in business operational norms... or in standards of leadership responsibility. Again, I think Laxmi is being an accountable leader by maintaining his presence here.

Please don't take my reply as offensive. It's simply a standard shareholder perspective and expectation.

Respectfully,
K

[RealDutch]

Karlacorn, he simply doesn't have the time for your inquiries because the roof will come falling down on all of us if he doesn't fix the liquidity crisis soon. I do hope you understand. And no, he shouldn't make false promises either all the time if he can't deliver. In fact, he shouldn't even be on this message board as I said before.

[karlacorn3]

Sure thing, Laxmi.
K

[palaypu0406]

Dear Karlacorn3,
Mind is swamped with moving monies to clear the regulatory process on the inward remittances, which as you know will ease all of our minds. It was supposed to be yesterday night, but, got postponed for today night (India morning hours) as banks were not functioning in Hyderabad due to election time.

I truly request no reminders and I will definitely post my response which should be within the next 24 hours....

Laxmi Prasad

[karlacorn3]

Dear Laxmi. Amidst the celebratory posts, I'm afraid I don't understand the promises and failures to respond to my simple questions? It's now been 10 days and 4 separate promises to answer what you'd initially suggested would be an instant response. The delay is quite perplexing, and generating more non-productive air time than should be required for simple statement-of-fact responses.

Considering your hard work, and acknowledging our respective workloads/busy schedules, I would really appreciate a prompt and concise email response.

Perplexed/focused.
K

[karlacorn3]

Dear Laxmi, thank you. I will look for your email.

Thanks,
K

[palaypu0406]

Yes Snow -- The journey was not at all easy -- filled with exhaustion, abuse, smear and aggression --- not to blame anyone -- I might have rather tested, grilled and suffocated with my uncompromising attitude in cutting the deal forward that forced many remain dry delaying their lives and actions— some who know me from long term remained silent and some who vented out was only after deeply getting exhausted, despite remaining the best critics and well wishers…

But never lost confidence, never gave up because of exhaustion or any kind of severest challenges....
God mercifully allowed us to win crossing over many of the stumbling blocks....

We will have a new page for ourselves now !!!

Laxmi Prasad

[RealDutch]

The banks don't read the nonsense that is posted by some on chatboards, Snow 😀

There are only about 12 frequent readers here. Other than that, the forum is pretty much dead.

[snow]

Dear Laxmi,

This is fantastic! " It is not easy at all for any startup to pass through the tough grilling that a banking group of this large size puts one into, but, we crossed their rigid scrutiny with sheer guts, transparency and confidence". Considering the allegations posted here by some very negative posters I guess you must feel enormous relief to have weathered the scrutiny by that banking group. We seem to be out of the woods not to use a well-known phrase in English.

[palaypu0406]

Dear all, With blessings from Lord, many well-wishers, staff and shareholders, it brings me immense pleasure to announce that we have signed today around 8.00 AM with one of the largest banking groups in Europe for distributing our Real World Asset Tokens (6 of them initially -- Gold, Rice, Whiskey, Food Carts, Plane Seats and Real Estate). By agreement, they will undertake and distribute 20% of tokens and underwrite another 4%, in each of our verticals (six now that adds up to 37 in 3 years time). This will be historic in all of our lives and I am very emotional to share this with everyone here -- we made this possible despite the severest financial and economic challenges we encountered with months of unpaid compensation and unfilled promise to payout the cash grant -- It is not easy at all for any startup to pass through the tough grilling that a banking group of this large size puts one into, but, we crossed their rigid scrutiny with sheer guts, transparency and confidence --- The next 3 months will define and groom us into a billion dollar enterprise and what a journey we all made - I am sure we will be exampled in business schools...

2. Today evening we will also be paying out the liaison costs to have regulatory clearance and very soon it will also resolve the pause we have been facing with our breathes held tight in our lungs...

3. I will answer Karlacorn late tonight or early Monday hours....

But we are definitely progressing into a fresh lease of life....

Thanking you all for all of your kindest support and wishes to make this happen -- We made the mission impossible possible --

Very sincerely,

Laxmi Prasad

[karlacorn3]

Dear Laxmi. Thank you for the reply. I look forward to receiving your email on Sunday night.
Best,
K

[palaypu0406]

Dear Karlacorn3,
Kindly Pardon my delay --
I am working on certain critical issues ---
(a) Last few days have been hectic with Bankers and today morning we finalized the agreement terms and Friday morning we are receiving signing copy
(b) We are setting the Trading Platform for Gold Grains on Polygon as that would reduce the transaction gas price -- We have been hectically working into this as it has now become very imperative for this company to internally generate cash flows and this platform would help us have the banking group and sales team distribute sales
(c) I am personally working on SDIRA client sales to raise cash to clear the regulatory hurdle
(d) Working on pricing valuation matrix for the remaining 4 verticals that the banking group accepted to distribute among its customer base...

I am quite breathless on these tasks until this weekend Karlacorn and kindly permit me write to you by Sunday Late Night Hours, Its been in my mind except that my working on the above subject matters turned very critical,

Requesting you to kindly condone my delay, I promise to place my note on Sunday night for sure,

Very Sincerely,

Laxmi Prasad