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Three weeks from now without audited financials you will not get $3.
"The result, 4 bucks ladies and gentlemen"
Yes if I was running the company. But I am not.
An infant can understand that this is going nowhere as long as the website is inferior as well as the communications.
"You all have yourselves to blame for this."
There are no indications that they are hiring any communication professionals to ramp up their communications.
Chad had a look at the website and the filings and his conclusion was "Stay away from this", right?
"...I suggested Chad Sykes..."
Oh don't worry, RD. Laxmi has promised audited financials within March. Then ITUP will be current and very soon uplisting to NYSE. Pretty much done deal.
So, what happened? An update or some sort of explanation would be appropriate, don't you think? The shareprice is going down.
Beginning the 5th of March, the company should be redefining itself ....
It seems to be a problem related to the phone app. Looks like it is working as it should on the TradeStation platform on the computer.
It works from the homepage, put in a small order now, but somehow not from the app.
If they file audited financials within March, it would be nothing less than sensational.
And when do you think we can reach $20 and $50, realistically?
"Next step is ITUP $20. And then on to $50."
What needs to happen before we see 20 and 50?
Audited financials? Uplisting? Other?
I moved back to where I came from.
Where did you move?
I couldn't agree more, MM.
To paraphrase Hamlet: "Something is rotten in the state of Sweden!"
I already left after having spent almost 30 yrs in Sweden. It is truly sad what is going on there. Excuses för the OT.
Don't get me started! The taxation is not the biggest problem though. As long as you feel like you get something for what you contribute. Which more and more people feel that they don't. All the systems have been overloaded due to the disastrous politics the past 30 years (or more). Actually, it all seems to have started in the late 60's.
When I retire I can look forward to getting about 40% of my salary in pension. It used to be 70%+. Less people contribute. More and more money spent on crap.
Anyway, time to abandon this sinking ship (Sweden).
People in Dubai don't like the Flintstones.
But people in Abu Dhabi do.
to Abu Dhabi
In that case we can rest assured.
Laxmi pinkie swore.
filings do seem to be near.
He didn't give you his word. He can't, because it is an estimate. An opinion.
Do you think I'm happy about this? I rushed to buy the stock in September when he said that he would file (unaudited) results WITHIN DAYS. DAYS, he said. It is now march.
He is costing me money on a daily basis due to missed opportunities elsewhere.
I can tell you this, if he doesn't deliver in March, I will double up my efforts to have him removed as CEO. And I will double up again in April etc.
1) As I said before, ALL companies struggle when getting current. Especially if you have to do 5 years of audit work. And ALL companies have optimistic CEO SOB's. You don't become CEO if you are not overly optimistic. We can't criticize Laxmi for being transparent.
2) We still have an 80% probability that they will file in March. Followed by a Truejet deal. This should be good enough for a $50 share price
3) As Aandt has pointed out several times, you have confirmation that the company is legit. From all the articles on the web. So why some people are still questioning this is beyond me.
4) This company is not like SIAF. They are market savvy.
5) I just don't think that the SEC will suspend them at this stage. And even if they do, I expect the company to come back with a vengeance.
6) They are making money faster than you and I can count. It is so easy for them. And losing Air Asia and Air India doesn't mean much as there will be other opportunities for them.
7) You have a CEO who is reading what we discuss. At least he is aware of what is going on, how we feel etc. Not like those other idiots.
Please do.
I could easily give you a list of why you should not be selling.
You will not be lolling if you end up selling your shares with 50-70-90% loss.
In that case I would really urge the CEO to pay attention. lol.
And those are the reasons why I put up the better part of my ITUP-holding for sale yesterday. Too bad MaterialMind was filled at 4.48 when he was going for my shares at 4.50.
Quote:Beginning the 5th of March, the company should be redefining itself ....
Well, it didn't. Another false expectation.
In the meantime
1) You failed with the financials
2) Failed with the Trujet deal
3) Lost the Air India deal altogether
4) Failed to disclose the railway station (And no, this message board doesn't count)
5) Refused to update the website
6) I still don't see a diverse shareholder base, and
7) you still haven't hired an IR firm
It's all just talk so far. And I'm sure the shorts are urinating their pants because of you.
Not for long. Get out while you can. Laxmi can inflate the share price by pulling smooth talk stunts only for so long. Without delivery this is going down.
Yes, you have put a lot of money into this. Sorry for that. We suffered badly with Solomon. And the bleeding continues with ITUP. For every month Laxmi is changing the story ("It is not losing our word ..." Yeah, right.) the risk is growing immensely and the chances of success are disappearing just as fast in the rearview mirror.
"I thought there was better than a 50% perchance that the filing would happen at the beginning of March"
When it happens repeatedly and so often that you can see a regular pattern, then it becomes a lie.
Who wants to bet against me that ITUP will not have filed audited financials before April. Any takers? Laxmi?
We will definitely be current in December.
We will absolutely be current in January.
We will be current in February for sure.
In March we most certainly will be current.
Come on guys, you don't see what is going on here?
A CEO who is constantly lying about these things and who has a website like this will not deliver. Not in December, not in January, not in February, not in March and not in April, May or June.
What evidence do you have that this company could ever be worth more than it is today - besides endless smooth talk? Endless "...nudge nudge wink wink, know what I mean...?"
When can we expect them to be filed?
We are definitely progressing on the entire financials in regularization...up to Feb 28, 2021...Nothing to worry on those ...that is progressing well...
I am leaning towards B. Too many broken promises in the past. I need to see the company delivering before they regain my trust.
That makes the current standing
A - 2 (MM and RD)
B - 2 (NJM and yours truly)
Come on guys, cast your votes.
Laxmi Prasad will keep his word and file before 9.30 AM ET, Monday March 8th, 2021.
A - YES
B - NO
10,000% in seven months?
"If it sounds too good to be true, it..."
March : From $4 to $20
April-June : From $20 to $60
July-Sept : From $60 to $400
After filing audited financials, how long would an uplisting to NYSE take?
What we need from the company
- financials
- uplisting to NYSE
POLL:
Let's see what expectations the posters on this board have for next week.
Laxmi Prasad will keep his word and file before 9.30 AM ET, Monday 8th March 8th 2021.
A - YES
B - NO
"I can write in confidence that Feb / March 1st week - we will have filings regularized"
Looks like there is money to be made in Aplidin:
Groundbreaking COVID-19 Treatment Found In Unexpected Cancer Drug
Have no fear.
"I can write in confidence that Feb / March 1st week - we will have filings regularized"
In confidence, nota bene.
Is this still holding?
But I can write in confidence that Feb / March 1st week - we will have filings regularized
A crappy pressrelease and we are down almost 50%.
Correction: 27% - we got a last minute paint.
I sent them an email two weeks ago. I have not received a reply.
I received an e-mail response from Yasheng BOD this AM
If SEC was looking at revoking HERB, I suppose this kind of nonsensical press release could be the straw that breaks the camel's back.
It is beyond unprofessional. Beyond.
And there is your news. A "press release" like that almost makes me sell my shares.
The increased volume over the last days tells us that someone is accumulating shares, someone who knows something and is expecting to get paid sooner than the general public on this board (myself included). We are finally getting closer to payday. The wheels are rolling, it seems.