Interups Inc (ITUP)

[modes948]

Dear RD,

Just yesterday I saw this private message you sent me last year.

Modes,

you know I work for Interups, right? (ITUP)

We have some vertical company shares for sale (Gold, Rice, Palm, etc) for $0.05 per share. They will be worth well over $1 next year, very likely. And much more in the future. We will also pay quarterly dividends on these starting december 22.

I thought you might be interested. We have between $2,700 and $27,000 available. But only for a few days. We have to be quick. I will give you the wire details if you are interested.

These shares will set you up nicely for the future if you buy them.

It never came to my attention your private message before.
For sure I would invest after you started working for them.I guess I was not lucky.
Anyway really appreciate it thinking about me and making me this offer.

[palaypu0406]

For sure Snow, It's so noble of you to be donating these tokens for social cause, and I will update Likhitha to check for mail from the African foundation.

[snow]

Dear Laxmi,

Thanks for providing useful information! On Monday I am going to have a meeting with people representing the organisation that I intend to donate my RISO and SIRI tokens to. I know you are very busy. I hope it is ok if I ask them to e-mail [e-mail] for further clarification regarding the transfer of the ownership of the above tokens that I currently own.

[palaypu0406]

Yes RD

[LVerstee]

@Newwave1 January 2020 and non to this date.

[RealDutch]

My calculated guess would be that you used 100kg of gold and a cycle rate of 15 days for this ?
Very conservative.

[palaypu0406]

Dear Snow,
$27 per token is derived as below

(EPS in 5 years discounted for today's Present Value)/100,000,000 * 18 PE Multiple) -- Industry Average 34.23 forward PE per NYU stern school of business)
Each $27.54 token is covered by equivalent grains of gold measured in fluctuating market value to present current valuation of Assets in accuracy...

[snow]

MM I don't think 27 dollars is the asset value per token. The asset value will initially basically be what those who buy the tokens at 27 dollars each pay in total. It could be up to 540 million dollars (20 million tokens) and anything less. Primarily the 27 dollars per token is based on projected profits during the first year of business if I have not misunderstood.

[RealDutch]

But there's no upper limit to the trading, right?

Don't think so.

[MaterialMind]

That's quite interesting, and also nice in a way. It will not be possible to dump the prices below the asset value?
But there's no upper limit to the trading, right?

[RealDutch]

From Likhitha, about the gold (rice) tokens.

[RealDutch]

Number 3) is coming from a group of Iowa physicians. But will only be released after we receive the $2.59M.

As for the cash distributions aka dividends, we are probably looking at mid to late June.

[palaypu0406]

Dear Karlacorn3 and all,
We are updated that we will be cleared of 1 layer of regulatory before Tuesday working hours end in India,

[_lance]

No problem, Snow. Yes, the same digital wallet.

You may need to import the contract address before seeing them:
RISO - 0xb87CF5b60111A7145ddfcFcBD2D809088085E056
SIRI - 0x4cFc251b5779d7C11B80b24435daefC39d59932c

[snow]

Thanks Lance! Is it possible for you to say if they are in the same digital wallet?

[_lance]

Polygon is a layer 2 on the Ethereum network. You may have to switch networks in your wallet to see specific coins. For example RISO is on Ethereum and SIRI is on Polygon.

Do I have the tokens in a different digital wallet or are they in the same wallet as my RISO tokens?

Your Ethereum address is the same on the Polygon network. Same wallet.

[RealDutch]

I am not the right person to ask about this. This is all new to me as well.

[snow]

RD I notice that this is referring to polygonscan and not etherscan or something similar. What does this mean? Do I have the tokens in a different digital wallet or are they in the same wallet as my RISO tokens?

[_lance]

Yes, the first one (0x4cFc251b5779d7C11B80b24435daefC39d59932c). It's now showing in my MetaMask wallet.

Thank you, RD!

[RealDutch]

You mean this?
https://polygonscan.com/token/0x4cFc251b5779d7C11B80b24435daefC39d59932c

If you mean your wallet, here is where you logon.
https://investor.mycow.io/sign-in

If you don't have a user-id and password or if you lost it then you send an email to
[e-mail]
And they will send it to you.

[_lance]

Hi everyone, I received a message from MyCow stating SIRI tokens have been transferred to my wallet. Does anyone know the token contract address so I can get them to display?

[palaypu0406]

My responses in red,

Some questions regarding the stock options:
1. Is this a one time thing?
Per Vertical, Yes, this is a one time offer on every vertical
2. What is the strike price? Safe to assume $27?
It is $27 for rice and $27.54 for Gold
3. Maturity / Expiration?
it follows Internal Revenue Code with 10 Years Life, to be tax qualified.

[palaypu0406]

One thing is certain - payments will be out -- clearance removes(d) the air -- and the credit is just procedural and so the process time...
We can expect payout in confirmation...

Will anyway update later in the night or early hours!

[MaterialMind]

would be nice to see the payouts happen this week!

What makes you think it will happen this week? I'd say it's at least 3 weeks out.

[karlacorn3]

Dear Laxmi, Sounds good. ...would be nice to see the payouts happen this week! Looking forward to the news tonight, US time. 🤞

K

[MaterialMind]

Well, that is one nice compensation package! You make roughly 6 times my yearly salary per month. 😅

Some questions regarding the stock options:
1. Is this a one time thing?
2. What is the strike price? Safe to assume $27?
3. Maturity / Expiration?

[palaypu0406]

Dear All, The following shall be my personal compensation draw for the Financial Year June 1 2024 to May 31 2025 as agreed to by the bankers group. Overall Compensation including fixed pay and allowances shall not to exceed 0.40% of the achieved revenue and any deficit adjustments will be made out from variable payouts.

Fixed $ 4,032,000 0.05185%
House $ 1,008,000 0.01296%
Vehicle Lease $ 144,000 0.00185%
Variable Comp $10,368,000 0.13333%
$15,552,000 0.40000%

Gross Minimum Revenue Target $7,776,000,000
Gross Monthly Revenue Target $648,000,000
Gross Monthly Revenue per Vertical
(9 verticals) $ 72,000,000
Variable > $864 M Sales/Vertical 0.10%
Stocks options 1,080,000 per vertical for the financial year 2024-25 and First Right of Refusal to purchase any unfilled Founders Capital in any of the verticals including any firms floated in partnership with the banking group (not exceeding 4% of the overall equity in each of the entities / Associated / Partnered entities.

Management Responsibility: Overall management responsibility on 9 Verticals + Research & Introduction of new Verticals + Introduction of new Markets & undertaking expansion globally + Registration of 6 AMCs during the Financial year, one for each segmented Verticals and Direct Listing/M&A/Reverse Merger/Business Combination on Gold, Agriculture, Whiskey, Plane Seats, Food Carts and Real Estate + Networking with Governments, Banking & other large/micro financial institutions and working with Government's Village/District Working Force/administration for product distribution, financing and sourcing.

Quite a motivating compensation Structure and a very challenging & Dynamic responsibility entrusted and I seek blessings from you all and the Lord to bless me with enough strength, confidence, efficiency and leadership ability to surpass expectations set on me and my performance capability,

Sincerely,

Laxmi Prasad
May 26, 2024

[palaypu0406]

Good Morning Karlacorn, We will know tonight US Time (Monday India Time) and I will update back...

[karlacorn3]

Dear Laxmi. Is there good news since the appointment of the liaison and the 10 day promise?

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.

K

[karlacorn3]

Dear Laxmi, I always appreciate the shared information. You and I have both been continued proponents for open communication and dialogue. Keep the information coming, it's appreciated. I'm simply requesting a focused reply to a pointed question so nothing is lost or confused.

Regarding one point you made,

Bluntly the company can choice not to pay to the shareholder

I'm not sure I agree with this, but... onward.

I look forward to the following reaching a confirmed date.

And in fact we will be moving this to monthly payout...

I will be discussing everything and anything including our updates on cash payouts

Respectfully looking toward the realization of milestones,

K

[palaypu0406]

which contract you are expecting >>>
and on the points ---
(1) its not 1 token of the vertical for itup share owned but based on a formula for which voting was conducted and that too, for those who subscribed to the verticals paying $0.01 per token allowed as eligible subscription
(2) Same as one ...
(3) It is not a dividend payout but cash grant and I have discussed many times of the wait and progress we are following...and nothing can be done until we cross through some fundamental steps...
(4) Further this is now not just one payout but 2 at a minimum....

It is not just this that should be the subject of discussion --
As an organization and as a shareholder, the running of the organization takes paramount importance than our sole focus on cash payout to the shareholders...
Bluntly the company can choice not to pay to the shareholder and simply create market value per token distributed...But we have a different perception of this in our choice to pay to the shareholders.... And in fact we will be moving this to monthly payout...

SO it is erroneous to think that I should just limit my discussion to cash payout...Also it is not wise to stop discussing everything else until cash payout gets in....

I will be discussing everything and anything including our updates on cash payouts... If the rest of the matters do sound important to you, please ignore and not comment but as the head of the group and as a cofounder, it turns my responsibility to discuss every bit of progress it is immaterial whether we progress on some and do not progress on some....

Thanking you,
Laxmi Prasad

[karlacorn3]

Dear Laxmi. Respectfully, your reply was 518 words yet maintained no connection to the immediate deliverables owed. I would appreciate a concise response to the contract established wherein subscribers were guaranteed if they purchased verticals and wired their money in on or before December 4, 2023 they would receive:
- 1 token to each of the verticals for every ITUP share owned
- A 4% ITUP to IREEM token allocation
- A dividend payout would be paid at $0.25 per token on December 22, 2023

Context/content not addressing this is erroneous. The proposition in question was explicit and provided a clear and concise set of variables and timelines, supporting investor financial decision making. You noted that this was not a speculative proposition but rather a concrete exchange, so speaking of "years...10B, or 2025", etc. has no place in this discussion. Let's please keep this hyper-focused and simple, with no reference to the future prospects.

1. Please advise when the contract will be fulfilled.
2. If the contract is not going to fulfilled as documented please advise.

Respectfully,

K

[palaypu0406]

And to achieve those deliverables I am sure you will agree with me Karlacorn that Organization should now pull its focus and attention towards sales & performance and plan its ways and means to consolidate on cash flows that will sustainably help it deliver the promised. Otherwise even mountains of capital will melt away. And in delivering this performance, at least until we find a new leader / train possible successors that will be able to handle this complex animal (our group), my role remains deep.

Next 3 years will be very critical for us -- we are just beginning our relationship with the banking group and promised them of introducing 37 financial products [each one is a vertical by itself). Launching this behemoth (action) at the levels we are anticipating will mean that my neurons will be picked and orchestrated round the clock globally as I have to set these verticals from a 360 degrees perspective.

With money expected to come in the coming weeks and sales and other relationships to concretize, I am advised to submit my compensation expectation and this is hence I have circulated my payout expectations. And following the money receipt, I will be working on team members compensation moving forward so they would sleeve into their responsibilities with gained energy levels.

I have opted for less fixed ($100,000 per month) and high variables (0.25% on Sales & 0.25% on AUM, payable as achieved) as my compensation but I am asked to submit another option also that calls for higher fixed and lower variables (which means committee is confident of high overall growth in our group). Summarizing the two options I have submitted today morning henceforth ---

Option 1:
(1) 1.08 M tokens in each of the 6 verticals (x 1.08 M tokens for every other vertical introduced)
(2) $100,000 Per Month Regular Compensation [Will have option to choose any portion of cash income in tokens at the prevailing market price]
(3) 0.25% of Gross Sale as Sales Compensation upto 648 M in sales per vertical; if Sales exceed $648 M, then 0.33333% compensation over and above $648 M
(4) 0.25% of AUM upto $108 B achievement by Dec 31, 2024 ($63.1579 B pro rated upto May 31, 2025); over and above: 0.33333% of such additional AUM.

Option 2:
(1) 1.08 M tokens in each of the 6 verticals (x 1.08 M tokens for every other vertical introduced)
(2) $450,000 Per Month Regular Compensation [Will have option to choose any portion of cash income in tokens at the prevailing market price]
(3) 0.11^% of Gross Sale as Sales Compensation upto 648 M in sales per vertical; if Sales exceed $648 M, then 0.166666% compensation over and above $648 M
(4) 0.125%^% of AUM upto $108 B achievement by Dec 31, 2024 ($63.1579 B pro rated upto May 31, 2025); over and above: 0.1666666% of such additional AUM.

Option 2 increases fixed by $4.2 M for 2024-25 but reduces variable heavily by 50% almost from 270 m to 135 m on a targeted achievement of 648 m in sales and AUM of 108 B...

Sincerely,

Laxmi Prasad

[karlacorn3]

I hope the focus remains on the overdue milestones owed; delivery of owned tradable tokens, the two payouts six months delayed, and the subsequent payouts as budgeted.

K

[palaypu0406]

We have put 108 B as our targeted Assets Under Management by the end of 2025
I will be compensated with 0.25% of AUM achieved....
-----------
Technically we cannot write Targeted AUM as we are talking about 19 months to complete the target beginning June 1, 2025.
The reasonable inference to qualify for this additional cash compensation (on the top of 100K pm + 0.25% of Sales Generation) would be achieving $63.14 B in AUM by May 31, 2025 [100B*12 months/19 Months].

Summary Terms:
(1) 1.08 M tokens in each of the 6 verticals (x 1.08 M tokens for every other vertical introduced)
(2) $100,000 Per Month Regular Compensation [Will have option to choose any portion of cash income in tokens at the prevailing market price]
(3) 0.25% of Gross Sale as Sales Compensation upto 648 M in sales per vertical; if Sales exceed $648 M, then 0.33333% compensation over and above $648 M
(4) 0.25% of AUM upto $108 B achievement by Dec 31, 2024 ($63.1579 B pro rated upto May 31, 2025); over and above: 0.33333% of such additional AUM.

[RealDutch]

It will be rejected by the judge. Same as Elon Musk's pay package.

[MaterialMind]

You'll be compensated with 0.25% even if the target is not achieved?

[palaypu0406]

There is one unfinished line in my previous message --
We have put 108 B as our targeted Assets Under Management by the end of 2025
I will be compensated with 0.25% of AUM achieved....

[palaypu0406]

Dear All -- I am proposing myself an additional 1.08 Million token units in each of the 6 verticals (Gold, Rice, Paddy, Whiskey, Food Carts, Plane Seats & Real Estate) as my 2024-25 June 1, 2024 to May 31 2025 non-cash compensatory award given the deals that we are working on with the governments on Gold, Rice and paddy and the efforts in progress on whiskey stocking arrangement and delivery distribution. Real Estate, we already are being given 34.6 acre lot in Ayodhya to invest into ....

This apart I will be drawing cash compensation in the amount of $100,000 per month + 0.25% of gross sales fulfillment (payable as realized) plus 0.25% of Assets Under Management (payable on 5/31/2025).

Laxmi Prasad
We have put 108 B as

[tbirdman]

I sincerely hope it plays out for you. You’ve put in the hard work.

[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?