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Yes, there is stll hope for ITUP shareholders.
As I said before, you are entitled to vertical shares 1 for every 1 ITUP share you own for $0.01. While you cannot invest in the first 5 verticals (because they have already been issued) you can still invest in the new verticals (yet to be issued) below. So keep an eye on this. $0.01 is practically for nothing.
- Real Estate (My SQFT)
- Mining and Minerals
- Alternate Energy
- Shipping and Transportation
- Carbon Credits
Sports / Arts / Entertainment.
Real estate should be first, and soon.
Also, Laxmi plans to list the ITUP shares on NYSE end of 2025 for $108/share. But that requires some patience. In the mean time, ITUP is investing between a 10% and 20% stake directly in the vertical companies which will increase profits for the ITUP shareholders.
My personal advice would be, buy into every vertical share you can get your hands on, if the price is only $0.01.
That's not going to happen.
Message boards shouldn't have anyone from the company interfering with daily discussions. It is not a situation that you would want and it almost always ends in tears. There are many risks. Disclosing too much. Management steering the perception etc. that regulators are not happy with. Especially this company. Especially Mycow.
It's a different matter when we want to give updates, or answer questions and provide clarity. But Laxmi is doing a whole lot more than that. And his time is too precious.
That is probably how it will play out. I will act in a supporting role to a number of people as well as the projects in Nigeria. Even yesterday I was helping Mike get the hemp project started in California. Simply by giving some valuable tips. And it didn't cost me more than 10 minutes of my time.
Not much will change for me going forward. Except that they won't have to pay me, and I am officially retired as of september 1.
Apparently the amount is pending in the BoA account with availability date given as 7/29/2024
For the $2.59M I assume.
Perhaps we are finally getting there.
Let's see if he wants to fire me again tomorrow, for making these comments. Or perhaps he wants to extend my contract again. You can never tell !
Outrageous, once again. And.... he is still not listening.
I'm not even going to respond to that 😀
Don't assume that you know better than Laxmi. The only person who can beat him from time time, and does frequently, is moi 😀
Laxmi has reached his 30-post limit again but he says we will do hemp now that the elections are over in India.
I will let you know if we get important news on financing today.
But it's free money if you can buy tokens for $0.01
It will cost you roughly $8.90 if you want to invest in gold. Perhaps you should focus on the remaining verticals that you can still buy for $0.01 per token. 1 token for every ITUP share you own
- Real Estate (My SQFT)
- Mining and Minerals
- Alternate Energy
- Shipping and Transportation
- Carbon Credits
Sports / Arts / Entertainment.
Well, gold at $8.90 could still be a good buy 😉
My hemp post Laxmi. The world is crying and asking for your help.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174794500
Nor do I care. As long as they are licensed in CA it is fine with me.
Yes, but it hasn't been revoked,
It's still regulated IMO.
https://www.sec.gov/edgar/browse/?CIK=1991657
But he didn't do anything wrong Laxmi. All that Verstee did was state the fact that it was terminated and that we should read up. Nothing more.
Get a grip on yourself. There is no negativism here. The document clearly states "SEC / terminated". So go blame them if it is not clear.
You are jumping to conclusions. He was referring to Cow Capital. NOT Interups. Are you even aware that registration was terminated?
Busy day for you, Laxmi.
Take a look. Higher temperatures are setting forests on fire, making our problems even worse. Perhaps we really should consider growing hemp (like crazy). At least we will make a positive contribution. Ask Jon Paul... We could do this in Canada where land is cheap, if it is not too hot there already.
I don't know, man. It is something that Dennis warned me about in the past, that I looked into, and that I warned the company about at the time. That something like this will happen if they don't make a sale (within 12 months).
They replied by saying they will definitely make a sale. lol. I later tried to look up the rules but couldn't find them on the internet.
Perhaps they are aware now. I don't know.
Anyway, perhaps not a big deal? As we are selling tokens in Europe for now (?). Not sure. Something Laxmi should look into.
What I can tell you is that Gold SWIM is a security token. And yes, heavily regulated. The overview I am posting is a year old. But it shows you that it is regulated.
Also, Cow Capital is a registered investment adviser. They have to be. That is all work that has been done the past few years.
Laxmi can fill you in on the details.
Nice try, but no.
Yes, but I don't know much about that. It should open some doors but I don't know to what extent.
Don't think so. It will remain at 60% of spot price. They want it to be as they want to make a new currency of it.
It does raise some questions. But...
The current purchase price is based on a cycle rate of 15 days. So every 15 days you will generate some profit and this will double over a 5-year period.
This is SWIM. (Systematic Wealth and Income Multiplier). Which we also have for Rice and Aviation.
So it's a P/E of 5 which is pretty cheap if you want to buy. But the cycle rate, especially for gold, is expected to come down to 10 days, 5 days, perhaps even 2 days. Which means that the yield will go up and the token price will be even cheaper. In reality, assuming a reasonable P/E, the token could be worth up to $100. So, there should be demand for it. Once the cycle rate comes down and we can confirm it....
Too cheap. That is why Laxmi told me before that we will sell only roughly 800,000 tokens to the public. Enough to fill inventory. There's another roughly 70M SIRI owned by the stakeholders currently. There won't be many sellers if the cycle rate comes down because it will simply be too cheap to sell. But there will be some.
The only place that I am aware of is the investor portal in your account. SIRI is $8.87 and RISO is $25 (subject to change).
Trading on these should start july 26th (targeted)
Laxmi has reached his 30-post limit for today. If there are any important updates, I will let you know
Nothing important. One of the shareholders is pushing him.
Yes, I was asking for my boss (CEO and Chairman) who had already posted 18 times today
We are expecting and hoping for some good news later today which is very crucial. So I didn't want him to run out of posts.
I think he is at 23 posts now.
That was my point. The ITUP shareholders who missed out on the first 5 verticals can still invest for $0.01 on the new verticals.
You keep missing context Laxmi. I was talking about the new verticals that have not been issued yet. Like Real Estate. For the ITUP shareholders. It's $0.01 per token. 1:1 You are not going to deduct $9 per vertical share from my salary for the new verticals....