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Yeah, I don't think anyone was 100% sure
It's 30. Thanks, Shelly.
This should be called "The Question and No Answer Board"
How many posts per day for free members?
You have already posted more than 15 times today. Perhaps the rules have changed. They keep doing that.
I was talking about the ITUP shareholders, Laxmi. They have a right to buy into vertical companies for $0.01 AFAIK. One for one.
As a reminder, you have only 15 posts per day. Perhaps save some for later when it matters.
The good news is, we have a lot more verticals planned than the first 5. So they can still buy into another 4 at least. Starting with Real Estate
The other contact then. The one Laxmi is referring to.
Ok. That makes sense. Because the ITUP shares have been restricted for quite a while.
I know your contact reasonably well. And he knows me too.
I was just thinking about that. So you invested in ITUP at the time due to your contact (?). That makes sense. You should check with your wealth manager though. Because you don't own any vertical shares (and hence no dividends) unless you pay $0.01 for them. Laxmi can tell you if it is too late for that. As I remember it, the price has gone up from $0.01 significantly, already.
But I also said that IREEM (CCAC) and ITUP will both acquire a 10% stake in the vertical companies. Just no cash dividends.
And Laxmi plans to bring the ITUP shares to market for at least $100 per share. Perhaps that price will go up as well.
He said he is an ITUP shareholder. Not MyCow. By proxy. I assume that means he is representing someone else?
But it's a good point. Anyone receiving vertical shares through ITUP/IREEM has to pay $0.01 per vertical share. Which also means they are on record at MyCow. Not sure if he has done that. A lot of the legacy shareholders didn't do that. But most of us here did. Even the employees will have to pay $0.01 per vertical share issued through ITUP/IREEM but it will be deducted from our salary.
I've been telling them, warning them, since April 2023. I really did. You want to know how I knew? Because I have seen 100 other startup companies and they all struggle (the same way). So for me it was easy to see where this was going.
I have offered alternatives. But there aren't many options. And we have been very unlucky as well. Either way, I have done all I can (and more). All we can do is wait now.
I'd rather not. I'm not holding my breath today. Just hoping that finally today could be the day when we receive the funds.
It's a major pain in the butt for all of us. But I am/was especially concerned about our consultants in Nigeria. Because they already have jobs and they don't need this. Luckily (although it isn't luck) I am sensing that they are still on board as they fully understand the importance of what we are doing. Also, I told Laxmi yesterday (again) that the RAS project will be our flagship, affecting every other project we will do. And hence it is important to give this a high priority. I want to have the first RAS farm fully funded by december. Laxmi is passing it on to the banking group.
Some of what you say has some merit. Some of it doesn't. I will focus on the part that doesn't.
The banking license will be a crucial part of business going forward for reasons most of us don't understand yet. And opportunities like these are rare. We are just waiting for the funding today so the banking license won't interfere with that. We have several people ready to go to start wiring money if/when we receive funds.
My point was, you are better off sending him a reminder by email (if you have to) than posting it on here. He will read it quicker.
And besides, we don't know what it is about. Either you discuss the issue on here or not at all. IMO. These reminders by themselves without any info what it is about has no value for the readers on this message board. 😃
You might as well travel to Puerto Rico if you aren't flying to Hong Kong, Nigeria, London, Amsterdam or Mumbai. But first you need some travel money.
He always reads his emails. And more frequently than he reads this message board. So there is no point in posting reminders here.
IMO... once word gets out that we are tokenizing the 2 biggest RAS farms in the world (by far) worth $2 billion in token sales then it will be quite disruptive and act as a wake up call for many. In Africa, of all places... But I will leave it to the experts
Basically all they have to do is explain that these investments generate stable income and are not exposed to fluctuations and overvaluations in the stock market. There, I needed only 1 sentence.
I agree Snow. Needs some work. Laxmi can pass it on.
Also, we are doing plantations now. Which is very different from gold /rice / aviation (SWIM). Now you are getting fractional hectares (stable assets) that increase in value over time. Probably needs an explanation too.
We can actually build 2 fish farms in one year. First one in Anambra 2nd half of this year. 2nd one in Lagos during first half of next year.
Banks should be able to fund quickly. And there is no point in waiting a year (or two). Because construction will take 2-3 years. There isn't a whole lot you can learn.
RAS Team should be able to handle 2 fish farms. If Alex can do 3-5 projects at the same time.
This will give you $2 billion in token sales during the next 12 months. From 2 fish farms.
Also, we can build the shrimp demo quicker.
Also, we will get even MORE media attention 😀
I don't see any negatives.
Perhaps you can suggest it in the Aqua Telegram group. Make it sound like it is your idea. See if anyone responds.
Exactly.
All that I have confirmation of currently, officially, is my ownership in Cow Capital (previously Masala Capital). Probably because Kautilya is principal there and he is very strict. There was even a shareholder vote recently on the name change.
I don't even have confirmation (officially) of the ITUP shares that I have received from the company. But I know how many. They are on record within the company. And they are trading for $0.0004 so that is what I am using for tax purposes.
The same applies for the MyCow tokens. No official confirmation yet. But I know how many I received, and what the issue date is (for tax purposes).
I don't even have a statement of income for 2022 or 2023. Most of these things have been delayed (I suppose) until we get funding and everyone gets back to work.
The tokens for food carts have been issued, in 2023. Trust me. Otherwise I am paying taxes ($0.01 per token) on tokens that I never received as income 😃
But the tokens have been issued. So it don't really matter (if operations have been delayed).
Although they could decide to let only the first 2 verticals pay out the total $0.25 cash grant. In theory. It depends on how they want to deal with this.
I noticed the website is looking much better now. And it was needed.
https://www.mycow.io/
It's hardly a secret anymore. Both Laxmi and I have confirmed that nobody has been paid for several months now. We are still waiting for money out of India and are very hopeful that we will receive it next week. And then everyone will get paid. I have seen the budget. I have also seen evidence that we have the money (sitting in India currently). It's just that repatriation is a bitch for a startup company without a proven track record and it has taken us 9 months so far. But we should be very close now. So what you are trying to do is quite pointless. And as LVerstee was trying to point out to you, all that matters at this stage is getting paid.
I hope that the both of you aren't going to clutter up this message board with stuff from the past that was allegedly said between some guy "Rajat" and Laxmi Prasad. Because nobody gives a damn. Thanks.
Do you honestly think that this company is a fake when his three children have all been working for the company for up to 10 years, when they could have pursued promising careers of their own?
I mean, it is so obvious. And if you had made the right call in the past and invested in a few shares then you too could have been a MyCow token holder and millionaire by now. But you have yourself to blame for not achieving what most of us have.
Nobody knows us right now. Nobody knows we will be a significant player. The banking group that contacted us 8 months ago is an exception IMO.
We will start to get some exposure when we plan the trip to Nigeria. We will certainly get some exposure once we reveal our plans for the RAS farm. Hold on to your socks! And then we will also get some exposure from the gold I suppose when we have 2,000+ token holders. Aviation will come later. Food carts won't have much of an impact IMO.
I think it is time we gave them a proper introduction on here. Give me a minute.