Interups Inc (ITUP)

[snow]

RD Do you know what clearing means exactly in this context? For instance who is to do the clearing?

[palaypu0406]

I would like to write to all,
We will see cash grants paid out -- But when, I do not wish to speculate this in responsible leadership.
Seeing this credit remains certain but It will definitely takes time.
We are working to set this investment clearance in priority but until it clears I do not wish to speculate on the date(s).

Delay is definitely not intentional but I have no control over the time it takes, I am just working my best...
Currently, until this clears, I am just focussing on sales and the ways and means to enroll sales for the company!!

Laxmi Prasad

[RealDutch]

Karlacorn, I told you and indicated that we should expect more delays wrt the dividend payments, and I was right. The way I understand it, we have $50M sitting in Hong Kong now. First it needs to be cleared. Then we need to set up accounts. Even then we need 2 weeks in Escrow and double it to $100M before it becomes available. So I wouldn't target any dividend payments before the end of May. Best to keep expectations in line with reality, and be patient.

[palaypu0406]

Sometimes, we do have to wait for the grass to grow though it is boring for us...
It will take some more time for us to have clearance but we are working towards pushing this into priority. Beyond this I cannot write..

At this hour, in the specific situation we are in, there is no other way to fund this company other than by sales until the clearance moves. We are definitely working on this but until then we do not have any other means but to push the sales...
Nothing else at this hour matters no matter in how many different ways we are discussing this subject..

However, I will not mind writing, In a way we are blessed, as I see this as God's push on us - He is forcibly pushing us into sales,
And our timely sensing has perfectly helped us build our readiness into sales, pending clearance...

1. We have pushed the trading platform into readiness for rice and we are now working on placing Gold and Whiskey on Polygon that offers lower transaction cost per trade. This will enable us set trading on the three verticals -- Gold, Rice and Whiskey.

We are readying the market placement on these three verticals and also working on introducing this as a mobile app and beginning of this should give us enough money to draw and take next steps.

2. We have closed on all the terms with the banking group and they are now ready to execute the agreement which means they will soon be ready to private place these tokens among 372,000 accredited investors.

3. I have roped in a few CPA friends of mine to circulate our product offerings to their clients on a 4% commission.
Investment into STOs is nothing but raising capital with the difference that in such a raise, we have 2/3 of that money as surplus cash to meet regular operational capital. To quantify, $18 out of every $27 we are charging per token is available to meet operational needs. If the unit offered is non-STO, then we set aside another $2-3 Dollars towards interest obligations and other expenses and use net $15 towards operations. Overall, at a minimum, we will have $15 per token out of every $27 per unit.

To smoothly address the customer, We are readying this sale as
(a) STO offering;
(b) 9% secured convertible (performance Token convertible into an STO at the end of 9 months at 10% discount to the prevailing market price then); and
(c) 10% non-convertible offering, redeemable at the end of 9 months

I will be updating on my date of travel to Hong Kong, but until then this is my current activity, to ensure that we move into the trading platform and start selling,

Overall, we might be waiting for the initial grass to grow but once the grass germinates from the ground, we just need to frequently keep cutting it (revenues) periodically and maintain our lawn healthily )...

Dear Karlacorn, This said, we are sure to get the clearance on larger money that we are waiting for to have the cash grants paid. We are delayed but the delay does not mean we will not get this paid out. We are working for it be processed on priority but I do not have specific timelines -- I can only promise that I am working diligently on the subject,

Laxmi Prasad

Laxmi Prasad

[RealDutch]

Laxmi is giving new meaning to the expression "Watching paint dry".

[karlacorn3]

Looking forward to it. Thanks for advising.
K

[palaypu0406]

I will have an update in the next 2-3 hours Karlacorm...

[karlacorn3]

Laxmi, thanks for the info. Looking forward to the early AM update!

K

[palaypu0406]

Still in the US, Karlacorn --
I am still waiting on the regulatory clearance which I will know today late night (Monday afternoon India hours) --
Without knowing on the clearance, landing in Hong Kong and waiting there will be waste of time and our limited resources.

Until this is confirmed, we are in the meantime working with the Token Platform service provider to set the trading market place ready for tokens to begin trading.
Team is working in parallel to test scale 48,000 tokens of gold and rice verticals each token issued @ $27 base price ...following 15 days trade cycle for Gold & 45 days Trade Cycle for Rice. Once we establish this inventory Turnover, we will then improve the token availability to 240,000 and reduce inventory cycling period from 15 days to 5 days for Gold (may be even to a daily trade cycle as rotating 100 ounces of gold will not be difficult) and 20-30 days trade cycle for Rice (100 Tons).

The Banking Group agreed to circulate our token issuance to their 372,000 accredited investors and underwrite 20% of each vertical's token holding from our end and we agreed to initiate secondary trading basing $27 per token as Launch Price.

While the HKG trip would unlock the capital for us, setting the trading platform will active all the verticals into revenue earning....
As part of Token Offering, we are thinking of issuing 3 types of offering --
(a) Straight Issuance of STOs each @ $27 base price for Rice & Gold (We are working on financials to arrive at the optimal price agreement on Real Estate SQ FT, Food Carts, Fractional Plane Seats and Whiskey.
(b) Issuance of ___% Secured Convertible Notes (covered by verticals assets) convertible in 12 Months time
(c) Issuance of ____% Secured Convertible Note (covered by vertical assets) redeemable in 9 Months time

I will put further updates on my travel late around 2-3 am California Time,

Sincerely,
Laxmi Prasad

[karlacorn3]

Dear Laxmi, are "we" in Hong Kong? This is the week the December/April milestones are reached?

palaypu0406
Re: RealDutch post# 9208
Thursday, April 25, 2024 3:38:25 AM
Friday night -- I am advised to wait until Friday...

K

[snow]

I agree with the views posted by karlacom3 and aandt.

[snow]

Good post aandt!

[PaladinOcean33]

Crocodile tears laxmi
Last post i said you manipulate the words so brilliantly that people keep rolling in and in ...

[palaypu0406]

I completely understand RD and will follow restraint to my best extent...

[RealDutch]

But, It is as just for someone to have their freedom to express, why I should be deprived ?

I already tried to explain it to you. Think of the example I gave you with the president of the United States of America. He can't go around criticizing and attacking posters on a forum. That would be considered an abuse of power. Amongst other things, for sure. Public figures who can't tolerate criticism usually won't last for long. But that is another matter.

[palaypu0406]

I am extremely thankful for your concern about my health RD...
And I truly need to get out of this exchange....

But, It is as just for someone to have their freedom to express, why I should be deprived ?

anyway, I will agree to refrain to my best extent --
If the language turns impossible for me to bear or if I get provoked, my heart immediately responds not to slander but because I am working with full honesty...
This said, any responsible questioning, I have never gone back answering and I am very open to address it.

LP

[RealDutch]

But I cannot take any slanderous language with bowing head as to my best I have never compromised my conduct...

Wrong. You cannot control what other people feel or say. And you do not understand the law of libel IMO. It certainly won't get you anywhere in the United States of America where freedom of speech will always be the highest goal.

And if there are people with deliberate, bad, intentions, they can play you like a fiddle and I really worry about your health.

As much as a right given to someone to abuse, so much I seek my right when I have not compromised my conduct...

This is where you are wrong. You are a public figure as CEO of this company. You simply don't have the same rights or protection as other regular posters. Much like the president of the United States. He cannot silence every critic or charge them with libel. The thought alone is ridiculous. But it is the same principle that applies to you. And even me.

[palaypu0406]

I am not sure, RD, what kind of exorcism is this?
I am not worried if this blog bans me but I can never kill my independence...
None have any right including this Ihub administration to give berserk rights to slanders and consider my response otherwise...
I do not even need to remain on such platforms...

As long as I am here, I will update on the company ..
will refrain responding to any slanderous language to the extent my nerves do not break...
I have written a very positive message in my previous one...advising that I will be very open for any question to respond with commitment ...
But I cannot take any slanderous language with bowing head as to my best I have never compromised my conduct...
As much as a right given to someone to abuse, so much I seek my right when I have not compromised my conduct...

There is no second message to this and please stop messaging me like this anytime in future...

[RealDutch]

You'll be banned by admin in less than a week. They probably restricted your number of daily posts already. And it is sheer luck if they haven't already. But the result a few weeks from now is already known. If that is the future you want for yourself, please go ahead. And I will make sure that everyone knows you have been banned from the forum.

[karlacorn3]

Dear Laxmi. In light of the challenges faced there will be a greater number of questions until we begin realizing the desired results in each of the two categories I noted earlier. It is good to answer business-relevant questions (at your own discretion). And as we know, the questions are inversely proportionate to success/deliverables! 🙂

Bullish,
K

[aandt]

My point though is to suggest you refrain from responding to every question. Let them question. Their questions will be answered by delivering results.

[palaypu0406]

I completely agree aandt...Even those...a responsible questioning is always welcome --- and I always answer with deep commitment...
Abusing, smearing and vomiting venomous intolerable language is beyond shame but I understand a section of society is like this...

Will keep posting the happening...

[aandt]

My suggestion is to ONLY post here with updates and relevant info and stay out of the back and forth conversation. Responding to the negativity is not helpful or productive. I have said it before and I continue to believe that the best response is to produce results. I know you are working hard on delivering, but until tangible results are seen there will always be those who will question and make comments. No amount of words can silence them.

Delivering on promised results will silence many doubts and turn the tide. I continue to believe that we are nearly there. But we are not there yet. So my request is that you refrain from responding to all the noise and only post here with meaningful updates.

[palaypu0406]

Thank you Karlacorn -- Will abide with unfettered commitment ....

[karlacorn3]

Dear Laxmi. Please do not venture into the questioning of whether you should post here, or not.

Please all let me know if I should continue to post and update... And pardon me if I am communicating emotionally -- I am indeed emotional....

There is no question. You should definitely post here. Any suggesting otherwise is faulty advise. Leadership communication is essential, especially when challenges are abound. Communication provides focus, understanding, and clear expectations. Regardless of the figures, a contract was forged in December. And as you work to deliver, communication is key.

When all is said and done there are two levels of communications today. One level is the payout as contracted with investors, and the other is the forward view of business prospects and investor ROI. It might be good to keep the two levels communicated separately for greater communications focus and clarity.

Bullish,
K

[palaypu0406]

As a pained entrepreneur, I would like to write to those who are negative on us, Please assume no hope on this company -- think you lost what is invested like any other trade you make on the floor -- and then anything that turns positive from us in real terms would appear a very positive outcome -- until then please keep no hopes at all -- The reason to post anything here has never been with an intent to raise money but to keep posted of the developments in the company -- I have written many times here -- The quantum of subscription we received from any of you has never been significant to the amount that we as founders and the company internally spends to progress in its vision. The total investment subscription including anything that you invested on ITUP as a market play does not match a fractional % of the Cash Grant we are readying to pay. Honestly to write, the total subscription received from any of you folks does not even match what this company paid to the few shareholders here that I have very passionately taken them into the company to support my shoulders. I am not disrespecting anyone's investment and not defining the size but writing so to clarify and respond to the vulgar comments I see on this exchange disregarding the depth of one human and his efforts -- Horrendous mindset -- Frankly I do not need to even be present here and extend no communication other than a normal response that any other company offers or does not offer when somebody sends any communication -- there is even no need to take the pains of pulling any efforts to make the cash grant out of verticals that are completely private. And there are hardly not more than 20-25 investors on ITUP from the market and the total purchase from all these investors is not even more than $300,000 (even that money we have not received but the sellers from the market - none of original investors from my end when acquiring this company have exited any single share anywhere). But, It is the emotion and the 'togetherness feel' that makes me write here. It is the responsibility that makes my heart to update. I am not even a company on the floor and there is no speculation here that some of you all the time do on market floors to gain or loose money. I never write like this but these last few days of communication and the intolerable communication extended on this blog on the efforts of the founders are forcing me rather -- I know many of you have dealt with many startups and some do not even get traced. But, as a responsible founder, I stand between all of you, and update whatever is happening. We struggle, not pay ourselves any compensation but we burn our time, energy and effort to see the vision of this company successful. Every bit of the development -- positive or negative I explain with brutal honesty. And talking of the progress or result -- the effort and the progress is intangibly so huge that couple of large banking groups discussing with us to underwrite the entire block of 20 million shares and the pricing is market matched. I always write and I am writing now -- Rome is never built in a day but the remains of that empire are still visible -- The mission is life size and to unfold the vision, we have worked and crossed several excruciating challenges and some were even mission impossible but we never gave up in exhaustion. I can go silent as I am advised to go silent but I feel this group is like my extended family. I can just behave like any other company but I consider a few members here as of mine and treat all of you like a mirror to see myself and gain comfort and the responsibility out of it. I write here to increase my commitment that I should definitely "DO".

I just appeal -- Please kindly stop this negative writing....stop this smear ..... stop this horrendous and painful blood shower on one entrepreneur who is genuinely working his might to put this company with a very life size ambition. The effort is not to seek any wrongful personal richness but the zeal to impact and bring a change to the economic lives of many thousands who are suffering ...Any vertical or instrument that we have chosen has its significant focus towards uplifting an economic cause, including our choice to undertake Nigeria...or go deep into the rural of India or Indonesia...Every dollar that I have from wherever I receive first goes to the company ...Never there have been incidences of me spending luxuriously on anything disregarding the interests of the company and its survival. My entire family works for this company contributing significant hours...Not every entrepreneur is fraud, scandalous or cheat...We are rather burning our souls to roll this vision and to see shareholders gain value. Nothing else matters for us other than this company - we do not even look at any partial opportunities including investing outside ...we just put our blood, money and energy into this company..... If you think we are one in the several you have experienced in the market and assume all of our writing here as fake/ambitious/assumptive, please write us off in your mind and, when the results seed in, I am sure your heart will then recognize us. From my end, I can vouch, we are dying to make this company and its vision quite a life size... I am just pained to read through all this exchange and I just hope this horrendous practice of abusive commenting should not force a few genuine entrepreneurs like to me to death...Very painful and slanderous... Please all let me know if I should continue to post and update... And pardon me if I am communicating emotionally -- I am indeed emotional....

Laxmi Prasad

[snow]

RD As you can see the bid is just about 50% of the asked price in HERB. If I had been able to buy shares for 5 cents I might have bought some more. But the other day Alpha ???? recommended a NASDAQ stock that looks cheap regarded as a serious company. Last year revenues grew a bit more than 40% and profits more than 100%. The p/e ratio based on net earnings last year is about 15. That looks very cheap to me taking into consideration that net earnings are projected to grow about 27% this year and future prospects look very good.

[Traderfan]

I still see a lot of talk BUT NO RESULTS

That's the thing, all talk for 2 straight years. Started with ITUP won't
go dark, proceeded with all kinds of deals that never materialized and
we have certainly not seen any money in our accounts. Good folks are
hurting here.

[RealDutch]

Yes, Laxmi. You shouldn't even be here. I warned you about this as well, beforehand.

[palaypu0406]

After those morons now you have started RD,
Do not you understand you are instigating them...
Let the shareholder directly write to me if they have any loss of confidence and I will answer them...

[RealDutch]

The people I talk to (shareholders and friends) are losing confidence in you quickly now. And I find myself defending the company more than I want to. I'm not even supposed to be working now.

You can't keep delaying things all the time, miss targets and deadlines all the time. That is quite self-destructive for you and the company as a whole. It really doesn't take a genius to understand this.

Show us the money, Laxmi.

[RealDutch]

You should buy some HERB with that money and get in ahead of me. Because I'm going to rock the boat after I receive the dividends from MyCow.

[palaypu0406]

Friday night -- I am advised to wait until Friday...

[RealDutch]

Aren't you on a plane to Hong Kong yet?

I still see a lot of talk BUT NO RESULTS

[palaypu0406]

Dear All, Lets come back to business burying these morons to their peril...
We have discussed today with the banking group that we will be placing 250,000 grains of gold (16.2 Kilos) for trading, currently priced at $27.144 per token ($27 base price) of which we are charging $6.144 pricing per grain including gas price plus $21 as token premium.

We normally follow 5-10 days cycles to rotate the inventory but 16.2 Kilos of gold has every potential to circulate on a daily basis... We figured out that 250,000 grains is an ideal size inventory for circulation....

As the inventory turnover improves, so the NAV changes per token.

More in the coming weeks,

[snow]

RD At least as far as stock prices are concerned you have a point. My view is that SPZI is probably wholly or largely a swindle. There is next to no documented information available. The pps is up several thousands percent since December. But a lot of shareholders seem to "buy" all the dubious and extremely positive "information" presented by the person who now has full control of the company. He appears to have a dubious past. I soyld most of my shares but still own some shares. In IQST the leader of the company and a couple of dominant posters try to communicate that itis growing revenues very fast and if the company is barely profitable that justifies an extremely high market cap in relation to profits. The whole focus is on revenues. I don't buy that line of reasoning and sold my shares after I have tried to assess the most realistic prospects.

[palaypu0406]

Will follow your advise as a fatherly figure and I leave these discussions to these scoundrels to their peril....
I will be creating a group on the telegram with all shareholders and yes it is worthless of our time to be in midst of these morons....

[snow]

Dear Laxmi,

"I deeply appreciate Karlacorn and I will definitely be posting the updates" Thanks! I would like to mention that it is possible to post updates when that is natural and to only post contents that are ok. in a public forum. I think we as shareholders or owners of tokens deserve updates in this forum by you or somebody you entrust to do that. But it may not be a good idea to discuss questions that relate to our investments between yourself and other employees in this forum. Perhaps such discussions should be undertaken in that other forum - Telegram. Moreover, it may not be a good idea to engage in discussions with posters who may not even have a financial stake in your various businesses. It may be a waste of your time and lead to nothing of value for anybody. As an old man I hope I am able to present some good advice....

[PaladinOcean33]

I have said facts and truth without using any slur/slag/vulgarity word
You're a scamer laxmi

[palaypu0406]

Will stop,

[palaypu0406]

My words are exchanged for the words used,

[RealDutch]

There is nothing more for us to discuss. Stop this nonsense immediately.

[PaladinOcean33]

Word you're using I will make sure the same will be mentioned were I want
Keep going laxmi...your daughter must be reading all this and might be Geetha too
They really felt embarrassed I guarantee it

[palaypu0406]

RD, This guy is punishable as he is provoking me beyond my limits...

[RealDutch]

You are still replying, Laxmi. This was so predictable. 100%. I may have to file an official complaint with the Board of Directors. That is what it may take. Because you will only learn the hard way it seems. Actually, I know this. You just can't help yourself.

[palaypu0406]

This guy looks to be a fisher in the ocean and this is hence named himself as such...
Certain hopeless parasites have any nothing else to do but live on this activity attempting treachery on others

He does not understand none in this group are caring him except my enjoyment with him for sometime in a day like a foreplay....
)

[PaladinOcean33]

Investor are always allowed to keep their point of view infront of Company owners
But when it comes to scam/fugitive leader they won't allow you to say and stuck down by their manipulating words
This RD/laxmi are same scammer
Forget about dividend they won't allow you take back your invested amount
I suggest you not to get more involved in this and forget your money
Mycow will change their name again and pull more investment by selling dreams

Yesterday I got to know laxmi has not paid single penny to their employees
Many of them are below poverty ratio
Now imagine what they are going through
He extend day by day by giving them false reasons...
This fugitive will be taken down soon

[palaypu0406]

time answers ...Why I said we will list Interups back at $100....
For now, we will focus on the verticals...

[RealDutch]

The same market "rules" apply to this company. Every CEO thinks their own company is special but that's just an illusion.

The way things are now, you are better off letting both companies (MyCow and Interups) remain as private companies. Being a public company will negatively affect the market value of the shares and/or tokens, as we have seen in the past when Interups stock dropped as low as $2. This company doesn't have what it takes and it is certainly not learning fast enough. Certainly not listening to me.

Am I bothered by this? Not really. Because the MyCow tokens will still have good value for the shareholders, probably. But the $100 you are targeting for the Interups shares is not even going to hold. I'm just telling you now because it is the reality. The reality we must all face. Thank you.

[palaypu0406]

I do not wish to make anymore debates here RD...
We both are talking the same but in a different language...
But one thing,
Delivery -- results, promises, expectations, communication, corporate governance ---- Please kindly note --- we are in a totally new world...
traditional market dynamics have little room to play here...
If i write to you, gold multiplies by 7,500 to 1,877,395 times in 5 years it shatters all market capitalization theories you are talking about but yes that is what is possible ...It does not count for any of what you have spoken but the deep financial compounding principles we follow that disregards everything...
It does not even depend on shareholder recognition -- it just depends on what we do on this commodity in the market...and how fast we spin it and keep cycling ...
and the investor multiple is not by market expectations or managing shareholder expectations -- it is by mathematical algorithms...and the way we keep compounding the money... It looks crazy, unrealistic and mission impossible but that is the real financial spindle...we are adopting.
We are not even a pebble but that pebble is recognized because of these algorithms we have set in place that is puzzling some large minds...

This said, it does not mean that I disregard shareholder values and what they measure ...
We are just a different animal in the market ...I just wanted to highlight this,

Rest, we are rolling 16.2 kilos (250,000 gold grains) and we will keep a watch how this moves....
this will make all of us live as each cycle offers $1 per grain for us...
.....