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Laxmi is giving new meaning to the expression "Watching paint dry".
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.
Yes, Laxmi. You shouldn't even be here. I warned you about this as well, beforehand.
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.
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.
Aren't you on a plane to Hong Kong yet?
I still see a lot of talk BUT NO RESULTS
There is nothing more for us to discuss. Stop this nonsense immediately.
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.
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.
And market capitalization is my domain.
If you want to get a proper valuation for your company, for your shareholders, then these things matter
- delivering results
- delivering on promises
- managing expectations
- communicating properly
- corporate governance
- and, being able to tell the story in such a way that it is easy for everyone to understand.
Many things this company has yet to learn
What doesn't matter all that much is
- revenues
- assets
- profits
- assets under management
- and how many tokens we are selling
This may come as a bit of a surprise to you, but that is simply how the market works.
Investors are just not that bright in general.
It's how they feel, that matters. Not what they know.
It's time to deliver Laxmi, and I mean it. Execute.... I don't think anyone cares about this soothing talk anymore.
The assets (stock) that the company owns has done well. Up 60% the past 6 months. Wow. That's a lot of money.
You say you will abstain from posting.
And you say you will post updates.
WHICH IS IT, LAXMI ???
Don't get me mad on this one.
But you said and promised several times that you wouldn't post here anymore...
Does anything you say have any merit?
Karlacorn,
Laxmi already told you half a dozen times that he will no longer post on this forum. Please respect his decision. It is what most people have agreed upon in light of recent developments (on this forum). In fact, if he does keep posting, he could be in real trouble. IMO.
I also told you, you will probably get an official email when we have the fixed dates for the dividend. From MyCow I suppose. It's probably mandatory as well, to inform the shareholders.
Now, if there is anything else to discuss or developments we can share, I will post it. But this will be off the record. Not official. And not guaranteed. As we are unable to give fixed dates at this point in time. You know this.
There isn't a lot to talk about. Laxmi has to travel to HK and set up banking there in the next 5-7 days. Then the dividends can be paid from there. If there aren't any issues. Just be patient.
You can't stay here Laxmi. It's not just that you have told us half a dozen times that you would no longer post here. It's also risky for you and me to be in the same place right now as we might end up in a fight. Not until the financing issues are resolved.
You can't stay here Laxmi. It's not just that you have told us half a dozen times that you would no longer post here. It's also risky for you and me to be in the same place right now as we might end up in a fight. Not until the financing issues are resolved.
Not going to discuss this any further in the public domain. But you know how I feel about certain things.
By the time this company pays the dividends, nobody is going to care anymore. Because of all the delays and frustrations that come with it. I have seen this several times before with other companies. I call these companies "loser" companies. Doesn't apply to me personally though because the dividends are so huge even relative to my normal pay.
This company still has some things to learn. At least we hope it will.
We just lost another week, Laxmi. If you fly tonight then you will have only one working day left for business activities in Hong Kong this week. I think we have all had enough of these incessant delays.
I'm sure you will all get an official email when we have fixed dates when the dividends will be paid. But we are not there yet and things are very fluid right now. Even the trip to Hong Kong was delayed by another day because Laxmi had to do a very important call.
Laxmi said in his last post that he will not post here anymore. Who really knows. I will update when I hear something. He should be in Hong Kong now. Then it will take a week or so to set things up there and pay the dividends.
Still the same. They filed a Form 15 two and a half years ago.
The old link is no longer working.
https://investor.mydhan.io/sign-in
But we have a new link now, apparently.
https://investor.mycow.io/sign-in
Here is an investment that makes "sense"
The movie "The Sixth Sense"
Budget : $ 40,000,000
Yield: $ 672,806,292
This is the charm of investing in movies. Kind of like winning the lottery.
(Always put your money on Bruce Willis)
But the inventory requirement (cash needed) is only $10M. That shouldn't be a problem? What matters more IMO is the supply you can get.
Says here the export ban might be over in June.This would increase the size of the market by a factor of 8 - 10 maybe, when regular rice is included.
https://www.agribusinessglobal.com/markets/navigating-indias-rice-export-ban/
5 million tons of Basmati rice was exported by India last year.
(10,000 x 24 cycles) / 5,000,000 = 4.8% market share. For India.
10,000 tons = 10,000,000 kg.
Per cycle I assume.
Profit is close to $0.85 per kg.
Profit = 0.85 x 10,000,000 kg x 24 cycles per year = $204M
So the P/E used = (100M fully diluted x $27) / 204M = 13.2
Seems about right to me.
If my calculation makes sense.
And what really matters is, how fast you can grow.
Ethereum is a blockchain technology/network and Digishares is a trading platform. They are not the same. One cannot replace the other IMO. Although my knowledge of this is limited in general. I'm not aware of cancelling or replacing Digishares.
There are indeed some major developments going on with several banks that may or may not involve Digishares. But again, I'm probably not aware of the details 😄. And it is best for me not to discuss this publicly.
Could you explain please how this works? The way I understand it there will be 2 series or RISO. One is our equity (the 77M RISO tokens that have been issued) and the other one is the token being offered to clients backed by Basmati Rice. How many kg is it now? Is the price the same or different? Or is there just one serie?
I guess the same question applies to gold.
The difference is one year.
For tax year 2023 I have to use January 1 for wealth tax. (we didn't have any tokens back then). You have to use december 31.
You have to report what you own, on december 31, as far as I know.
For Norway it is december 31 for 2023.
For The Netherlands it is January 1 for 2023. Difference of a year.
Yes, that will give him something to do 😄