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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
So there must be a link to a bank account somehow as well.
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.
I received that information on Thursday February15
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.
OK, I rephrase: "Just send them an email and ask them to provide you the information in a manner that is not dependent of you having a Google account or password."
Or, if you prefer to go through the hassle to get a Google account/password. Up to you.
Petrejus My current understanding is that I don't need a gmail account. But I need to access my Google password before my e-mail account can open the information I have received. I assume this requirement is to increase the safety of the communication of the information. On Wednesday I am to hope to meet a person who will help me to get a new Google password. I have informed the support of MyCow(?) of this.
Just send them an email and ask them to provide you the information in a manner that is not dependent of you having a Gmail account.
Dear Laxmi Part of the following is expressed in such a complicated way that it may be misunderstood. "(c) As Snow rightly pointed out, 1 performer will offset the entire $0.09 cents investments of which 99% of the subscribers except a few like snow have invested only 4-5 verticals (they are hoping to pay for the remaining out of cash grant (which means it does not cost anything))."
I paid for my stakes in all the 9 verticals months ago, whereas some others have only paid for their stakes in 4-5 verticals and intend to pay for the rest out of the cash grants they receive. I hope this is a bit clearer as far as I myself is concerned at least.
RD Most investors are happy with a 100-bagger!
Petrejus I have come to understand that my current e-mail address is acceptable and that I don't need gemail. Even so, Google is the problem. The reason is that it is impossible to see the text I have received without going to my Google account. To do so I have to enter my password. I have lost my password and I have tried for hours to establish a new password to no avail. It is a catch 22-situation as far as I rememer. I have first to enter a code sent to me by e-mail. The code is valid for a limited number of seconds. It takes some time to go from my e-mail to the website where the code is to be entered. When I do it it is no longer valid!!! Google appears to be too poor to have a phone number in Norway that I can call or an e-mail address that I can contact. I have contacted a couple of people who I hope can help me to get a new Google password. I am to meet such a person on Wednesday.
Hehe. I thought that post from Laxmi was pretty tiresome as well 😃
I can hype this thing far beyond the most bullish expectations. But I'm not going to. I have my reasons.
... a much more appreciated company input than, "tiresome..."! 😉 And a good confirmation of my comment about this not being speculative.
Bullish about the tangibles!
K
Would like to comment here,
(a) Issued Vertical tokens for $0.01 to the ITUP Shareholders -- None were issued to any outsiders
(b) Even $0.02 of net profit will mean $0.20 value on the trade and to generate 2 cents in 36-72 gold cycles, 8-24 rice cycles, 52 Whisky cycles and 8-10 trips per day of plane seats should not be a worrisome and this modest will mean 20 times value change.
(c) As Snow rightly pointed out, 1 performer will offset the entire $0.09 cents investments of which 99% of the subscribers except a few like snow have invested only 4-5 verticals (they are hoping to pay for the remaining out of cash grant (which means it does not cost anything)).
None of these assets (tokens) are speculative either -- they are just programmed into ownership and trade rotations which in turn creates wealth.
What may go wrong -- the trade cycles may not be as much as expect but the inventory that we planned to put the stock into trade is not beyond the quantity that will create surplus and stagnated inventory.
In the worst, the stock is always salable and cash is not lost -- Stock is not a token here but inventory
Laxmi Prasad
The cash grant payout remains paid on March 19 2024 - - There is no change in the date
and those who have opted out stocks or not paid for vertical subscription will be paid out on April 17, 2024.
There is no change in this date too...
Wire out of India didn't happen today. One more form needs to be signed about transaction fees. It's a matter of days. Doesn't change the planning. Wire should happen next week.
Have a nice weekend.
This is a bit tiresome. It doesn't take a lot of time to create value here. The only question is whether the tokens are worth $1, $10 or $100. That is the ONLY thing at play here. But even at $1 most people will be very happy here.
Those are wonderful points about ROI and the fact that it might take time. The old adage, "you should only invest what you can afford to lose" will stand the test of time! 😀
I've been a part of two early investor pools, and a few other late round participations. In each case the focus was not on the ROI but rather the capacity for the entity to be adept at operations as well as establishing milestones and effectively communicating progress against the milestones. The objective of each entity was to illustrate the ability to lay out a solid path and then repeatedly put one foot in front of the other. The idea was always to have a solid and transparent operations methodology to ensure succinct definitions of success and subsequent measurements for objective assessments.
I've found it's important to always understand that an organizations success is never defined by one instance. It’s defined a repeatability of successful instances. I grant that every "startup" organization is different but I also submit that there are common threads of operational norms/standards between successful "startup" organizations.
Remaining bullish... and hopeful,
K
I believe many of us, including myself, overlook the fact that we're early investors. Meaning that risk/reward is high, and that it might take "a little while" for the value to materialize. Who on this board has been invited as early investors in new entities/companies before? Usually retail won't get to invest at these levels, but have to wait for an IPO.
Petrejus Thanks!
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