Interups Inc (ITUP)

[RealDutch]

Yes.

I think you paid $0.09 per vertical share in July with the $715.05 = 7,945 vertical shares
Don't know about the other $6,300. If it is the same then that's another 70,000 vertical shares.

[snow]

RD Thanks again! I interpret your post to mean that the 7,000 dollars I paid to IREEM LLC in July this year should be seen as shares bought in the verticals directly. That makes sense since the money could not be paid to the verticals before they existed.

[RealDutch]

I can't verify whether the vertical shares you bought directly (70,000) is correct.

But yes, the $15,000 you paid is for Units of IREEM at $90 which entitle you to 600 shares of CoW Capital.
15,000 / 90 x 600 = 100,000 CoW capital shares which entitle you to 100,000 vertical shares (1 for 1)

Also add the ITUP shares you own. Those too will receive one vertical share for every ITUP share you own.

You should mentioned the number of CoW Capital shares and the number of ITUP shares. Those will entitle you to vertical shares. And the vertical shares you bought directly. It is not about your IREEM shares.

[snow]

RD Thanks so far. In July I paid in 715.05 dollars and 6,300 dollars to IREEM LLC. The reason was to have stakes in the verticals. I have just checked the dates. My impression was that this would entitle me to an additional 70,000 shares in the verticals. Last year I paid 15,000 dollars for 100,000 shares in IREEM LLC. Does this mean that I should write 170,000 shares in IREEM LLC or what should I write if this is not the case?

[RealDutch]

Snow, they are distributing the vertical shares. 4 new private companies
- Rice
- Whiskey
- Gold
- Aviation.
And more to follow.

These are the companies that wil pay the cash dividends. First one on dec 22.

We need to verify your holdings, so we can verify how many vertical shares you should receive.
For this, we need to know
- your ITUP shares if you have any
- The number of Cow Capital shares that you subscribed for through IREEM
- If you purchased vertical shares directly.
- if you subscribed for more shares (either ITUP or COW)
Everything you own.

On November 30th they will ask for your address and bank account details as well. For the dividends. Presumably they will use the same email address for that.

[snow]

Laxmi or RD Does this just refer to our shares in IREEM before some of us paid in more money in June(?) (I paid in at least 7,000 dollars)? Since it is impossible to trade shares in these two companies and I and others have provided this information in the past I wonder if I need to to this even once more.

I don't understand the value of this exercise. It gives the impression that this information is not already available to ypu. It that is the case I can give false information in a swindle. That is alarming to me. It would be much more reassuring if the information you have received regarding IREEM which was based on actual payment is transferred to the e-mail adress listed and if there have been changes to that the change, which seems unlikely to me, is documentet.

[RyNo_23]

Rgr, thanks Laxmi.

[palaypu0406]

Dear All,
We are registering an email ID ( [e-mail]) for Shareholders to send their current holdings in Interups Inc and IREEM (which was remitted for Cow Capital). This ID should be ready and active by the end of US Pacific Day Time. Please share in details with full name and shareholding count to the said E-Mail ID for us to be able to issue ownership interest in each of the verticals. Please treat this as urgent. Also, please write in note that the shares holding is as of 9/15/2023.

Sincerely,

Laxmi Prasad

[karlacorn3]

Thanks!

[MaterialMind]

Thank you very much, Laxmi! That seems much easier administration wise, both for the company and the shareholders.

[MaterialMind]

Oh, proof of ownership for the new shares (that will be provided to the shareholders as tokens). I thought we were asked to provide proof of ownership of the ITUP shares in order to get the tokens (shares) in the verticals. Sorry for the confusion.

[palaypu0406]

Will do Karlacorn...

[aandt]

Thanks for providing this update, and for all that the team is doing to move this forward.

I look forward to seeing this move into reality in the months ahead.

[RealDutch]

The cash dividends is very easy to understand.

The vertical companies have 100M shares each(or tokens).
16.2M will be assigned to 16.2M ITUP shares (1:1) and
10.0M will be assigned to 10.0M CCAC shares (1:1)

The dividend will be paid by the vertical companies combined.
$0.15 per share (token) in december.

The complexity begins when figuring out what exactly you own.
You will owns tokens of these 4 companies and they have substructures, more series, more product tokens. And more and more will be added.

I am only showing the first 10 shareholders on the list.

[karlacorn3]

I might be beneficial (and reduce the confusion) to have a graphic example of the dividend model, using a hypothetical number of shares in each segment (ITUP, etc., including the 1:1 vertical allocations on ITUP shares). Then show the payout model.

K

[palaypu0406]

I have asked Lawyers to guide us to have tokens issued for these verticals that are issuing product tokens -- This will get us away from stock certificates as tokens are like any other security instruments with holding rights. Lets say, We have Masala Agri Corp and this MAC has three product tokens -- Riso (Rice SWIM), Paddy (Rice Farming) and Aroz (Rice Retailing). And we will be adding Palm, sugarcane, AQUA, Moringa, Turmeric and Tamarrind to it...MAC will be a combination of all these sub-structures -- and issuing universal agri coin representing MAC will do wonders for us...

Same is the case with -- MY Plane Seat Inc., which will have 3 sub-structures to offer fractional plane seats -- A321 N, A330 (series) and A351 (series)...

Sura Inc., will mean -- New Make and Mature whiskey and Wine..

Summarily, vision is to move into the next world using Digital Asset Tokens for the Shareholding so the exit or entry into any of these verticals could be from anywhere in the world with the ability for the investor to add, sell, exchange or draw cash anytime of day 24x7... Being US Entity, the entry for Reg S holder could be from 1 Unit to infinite number of holding with no maximum threshold unless we stipulate ...

Next 6-12 months will consolidate this and we will then move and match each vertical into SPAC and pull Interups into Direct Listing...

This is the road map...

[palaypu0406]

Its the verticals Punchinello -- The whole exercise is to payout of verticals --
Cow CAP is the sponsor arm for acquiring SPAC Sponsor shares and each shareholder will have shares on the verticals that entails them for dividends.

[Punchinello]

Sorry for the confusion. I was unsure if I would get .15/share on my 48,800 CCAC shares PLUS .15/share on my new 48,800 verticals shares given on 9/15.

So it's not both.

[RealDutch]

Yes Punchi. We already discussed this on June 16 on Telegram.
You will get 48,800 x $0.15 dividend in december if they pay out $0.15

[palaypu0406]

Dear Punchinello, Its both ITUP & IREEM Shareholders (that includes again ITUP and Direct Subscribers into IREEM for COW) eligible for dividends ...

[Punchinello]

Thanks, RealDutch, but won't ITUP and CCAC shareholders also get .15/share on their ITUP and CCAC shares as well? maybe I misunderstood.

I own 48,800 CCAC shares so that would be significantly more money for me.

[RealDutch]

All the vertical companies have 100M shares. So the dividend if they pay $0.15 will cost $15M.

[Punchinello]

I wonder how many millions of dollars Laxmi needs to pay the December 22 dividend? I'm sure it's a lot of money. Hopefully the token sales are very robust.

[_lance]

Great, thank you again for all your help. I'll start to monitor this thread more closely now that we're getting close.

[RealDutch]

These are new shares. New companies. You have to pay income tax in most countries. That is why book closure date is september 15 as the companies did not have any revenues as of that date. Which means the shares had no value = no income tax.

You need proof that you own these shares, and, that they were issued on september 15. For tax purposes.

Dividends is not going to be an issue. As I said before, they will ask for our bank account info on dec 1 and then the first dividend will be paid on dec 22.

[MaterialMind]

Proof of ownership... Why can't they just get a list from somewhere?
I mean, how do other companies distributed dividends, spin-offs etc?

Will a screenshot of your broker account be good enough? I guess you might not have the answer to what counts as proof? Let's wait and see...

[RealDutch]

Not to worry. The shareholders haven't received anything yet. The next important step is to set up that email address (assuming that is still the plan) and get your number of shares verified and send you proof of ownership.

How exactly that will play out or what it means, I have some unanswered questions myself. I'm in a wait and see mode myself. I do know that not all the vertical companies are the same (so I was told) because some companies have only one serie of tokens while others have multiple series.

[MaterialMind]

This one confuses me too. From what I gather, since these are private (non-listed) companies, that for now they are just allocated 1 for 1 until they can be distributed to each shareholder.

How do you distribute unlisted shares?
Physical stock certificates (I think this has been mentioned?), or is it handled digitally in some manner?

[_lance]

Thank you very much for answering all my questions in detail, much appreciated.

One follow-up question regarding:

Those vertical shares have already been allocated to ITUP/CCAC shareholders.
Book closure date was september 15.

Should I have been notified/received any shares, or you mean the accounting was performed internally, but shareholders haven't received anything yet?

Thanks again for all your help.

[karlacorn3]

Thanks. I look forward to the date/execution.
K

[RealDutch]

Do we need to verify ownership of ITUP shares, IREEM/CCAC shares, or both?

Best to wait for the company announcement. I will post it on here or Laxmi will when we are ready.

Will the cash dividend apply to ITUP shares, IREEM/CCAC shares, or both?

Cash dividends will be paid by the vertical companies.

Is there still a plan to issue shares of each vertical/project to ITUP holders, or is this replaced by the cash dividend?

Every ITUP shareholder is entitled to 1 vertical share of every vertical company for every 1 share of ITUP owned.
IREEM shareholders own a certain number of CCAC shares. It is in your subscription agreement how many.
CCAC shareholders are also entitled to 1 share of every vertical company for every CCAC share owned.

Those vertical shares have already been allocated to ITUP/CCAC shareholders.
Book closure date was september 15.

What is the plan for IREEM/CCAC shares issued in 2022?

It is stated above. As an IREEM shareholder you wil also participate in future SPACs. But that is the future. And for CCAC I'm not sure what the plan is.

[_lance]

Thank you, RD for all the updates. I had a few more questions I'm hoping you can help with:

Do we need to verify ownership of ITUP shares, IREM/CCAC shares, or both?

Will the cash dividend apply to ITUP shares, IREM/CCAC shares, or both?

Is there still a plan to issue shares of each vertical/project to ITUP holders, or is this replaced by the cash dividend?

What is the plan for IREM/CCAC shares issued in 2022?

Sorry for all the questions, and thank you again for all the updates over the last few years.

[snow]

RD That looks like a good idea in my view. It will be easy to handle in contradistinction to what happened when we signed up for shares in Ireem LLC.

[RealDutch]

What I heard is that they will set up an email address for this where people can send their details and then proof of ownership will be sent to the email address that people leave behind.

[karlacorn3]

Sounds good. I would really like my request from October 2022 to be fulfilled so we all hare happy in December without "hiccups".
Laxmi recently stated the following which I believed was to enable us all to receive holdings statements: "The shareholders of Interups and IREEM LLC (Investors into Cow CAP) will have individual shares/tokens issued in each of these verticals to the extent of their holding in these two parent bodies and we have put book closure date for this as 9/15/2023."

Thanks,
K

[snow]

RD Thanks a lot RD for very interesting information. Prospects seem to be very promising.

[RealDutch]

Yes, Snow. Sales are gradually ramping up. We already have 100's of sales people working for us (outsourced) and adding more and more institutions that will help us sell tokens, Using Laxmi's connections from the past. The yield is very substantial so it shouldn't be hard to sell. Which also means we may not need the big offices that we discussed earlier as the sales method has changed a bit.

And soon we will add aviation. This is a really big one.

And the 5 projects in Africa are so large that we need only one to hit our minimum sales target per year when we are working on 5 of them. So next year should be really exceptional on the sales front.

The tokens that are live now don't require a lot of capital but the 5 projects in Africa obviously do. These are different. For these we will get 25% capital from our IRA account holders which is also the limit for any project, another 25% from strategic investors and new investors, and another 50% dollar for dollar match by another institution. This is also why we want to ramp up the current 40,000 IRA accounts to 140,000 within a year.

[snow]

Thanks for providing this information RD! The plans will necessitate the provision of a lot of money. Were will it come from? Is the sale of tokens progressing well based on your impression?

[RealDutch]

Not much else to say. Laxmi is still very busy with sales. We are selling our first tokens now. Rice, Gold, Whiskey.

First dividend payment from the verticals will be dec 22. They will ask for our bank account details on dec 1. The path towards that is being worked on.

[RyNo_23]

RD,

Thanks for the update (please keep them coming).

[RealDutch]

Happy to share the concept design of our RAS farm for catfish in Africa. One of the 5 projects we are working on with our partners in Africa (Rice, RAS, Palm, Coconut and Sugarcane)

4 x everything you see below (Sections A,B,C and D)
4 x 3 blocks x 3 buildings x 48 tanks = 1,728 grow-out tanks.
Every tank (yellow square) is 10m x 10m

Total capacity 200,000 MT.
80,000 MT (40%) we will use for fillet processing and export.
The rest we will sell for decent prices to the locals.
Energy requirement is 40MW continuous. We will invest $190M in solar and energy storage.
We will have a water treatment facility for sourcewater and one for wastewater. And a feed plant.
And we will be profitable.

We will also be working on a 3D drawing (view from above). Which will be completed in 2-3 weeks.

[palaypu0406]

This time, we will be fine ... I am not foreseeing any issues....

[karlacorn3]

Sure thing. It would be nice to see this Christmas's delivery materialized. There has been a projected Christmas delivery effort each of the past few years. I hope this one hits the mark! .

As we are only 90 days away, it would an administrative benefit to see all positions documented now in order to avoid confusions at the point of distribution.

K

[snow]

Exciting times!

[aandt]

Thanks for keeping everyone updated, things are moving forward nicely.

[palaypu0406]

Dear Karlacorn3, my head is split 10 ways to implement the launch -- I apologize for I could not and this is hence I made RD to assure that I will reply... However, I would like to assure, with tokens launching tomorrow evening US time (the most auspicious time -- we celebrate Lord Ganesh this time, who is lord of new beginnings, success, wisdom and intelligence)...

The shareholders of Interups and IREEM LLC (Investors into Cow CAP) will have individual shares/tokens issued in each of these verticals to the extent of their holding in these two parent bodies and we have put book closure date for this as 9/15/2023. And we will have nice Christmas Bonus as our first share...and then planning to make this a quarterly draw and then a monthly. The main objective to shoot this as monthly payout is to attract retirement crowd, Students, pensioners and widowers.

I request all of you to visit www.mydhan.io
We are launching Gold, Rice, Paddy, Whiskey (new make / Mature) and Plane seat Tokesn tomorrow evening with Lord's blessings on all of us !!
Palm, Sugar, Aqua (Prawn & Shrimp), CRAB, SQFT, CART (food carts) we will launch before the end of the year... and Pharma, Solar & Carbon Credits next year...

Researching on -- Cigarettes, Shipping Containers and celebrity tokenization...

It may not be exaggeration if I write from tomorrow evening each of the launching verticals will be 100 Million worth...
And I thank one and everyone for their extreme patience, extraordinary support and the spirit of confidence and trust shown and everyone here is like a family member ...I seek everyone's blessings for tomorrow and a very successful journey forward... I have to also write, in addition to the shareholding, we are also introducing shareholders welfare fund, the details of which I will announce after we release the first ever dividends...

Thanking you again,

Laxmi Prasad

[karlacorn3]

Hello Laxmi. Your reply to my August 29th question is still open for me. I run two companies, so I can appreciate your proxy communication regarding your "busy status". We are sitting again on promises of ROI, which continues to be encouraging. I just want to know if prerequisite administration is done. If not we will certainly be relegated to repeating the past challenges in delivering on the premised ROI.

K
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palaypu0406

Re: palaypu0406 post# 8112

Tuesday, September 05, 2023 9:55:47 AM

Post#
8113
of 8118
Dear Karlacorn,
I am yet answer your question but will do sometime today or latest by tomorrow --
We are launching tokens for verification with Etherscan and working round the clock to get this done ...

I will reply and pardon my delayed response,

Laxmi Prasad

[karlacorn3]

Par for the course. I look forward to soon.
K

[snow]

Thanks RD!

[RealDutch]

Laxmi wants you to know he is very busy now. Making our first token sales. He says he will answer later.

Perhaps I can help a little bit. Ownership structure of the 4 verticals should be final very soon. We may or may not have a strategic investor coming on board which could still affect the ownership structure. Masala Capital has already filed a Form D and submitted ownership to the State of California. The 4 vertical companies should be next very soon and then the rightful owners should get some proof of ownership as well.