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This below was my message to Dennis --
Good Morning/Good evening Dennis,
Please kindly bear with my intermittent responses until the 14th September when my procedures will be completed....
It is not intentional but the medical dosage is putting me to sleep once I am back from hospital visits.
14th one more procedure will be done and that completes my medical surgery.
Thereafter I am advised 1 Week rest but I can attend working.
On the wire, I would like to bring to your attention,
I will be able to wire either on 14th or 17th September and I am sure I will not be delayed beyond.
There is a lot going on and I will definitely discuss it with you when we meet over a zoom call once my medical issue is closed.
Kindly bear with me but this time I will not fail.
There is no intentional default nor it is not that I do not wish to pay.
I will for sure be paying and I do badly need your support for me as these next 12 - 36 months are extremely critical for us..
Business end, we are wanting to release MyGold, Whiskey and AERO (PlaneSeat) as stablecoins and this will give us industry leadership.
We will discuss all this once I am done with the chemical ablation procedure on the 14th.
Thanking you for your patience, we will work solidly to take these efforts forward --
Whenever finding time, I will start drafting notes on plane seats, our model to the airline industry, agenda, and action steps...
And I will share the financial worksheets on both A321Neo and A350-1000, which are the two plane series from Airbus we are planning to fractionalize...
Sincerely,
Laxmi Prasad
Heck with Robert and heck with Lverstee...
I am ignoring ...
Torturing one human with undue pressure and threat is the biggest crime and I do not expect them to send flowers
These humans are waiting for a pound of flesh from me ...
Dear All, this LVerstee has been posting emails to me that if I do not hire Dennis Murray, he will report about to me to a federal prosecutor for financial crimes and corruption ...and I responded to him that I am not recruiting Dennis succumbing to his threats but for my oganization need and at the comfort of the organization. And I have also written that I do not care the rest what he wrote -- I have seen many challenges in my life, conducted myself what the chair expects from me and I have never compromised my dignity nor conducted myself wrongly....
Heck with these threats, I am posting this in public and I damn care these threats ..I have always stood tall to any of this nonsense ...and I will now...
Just updating in public....
yes any time, 12 months from the date of issuance unless we turn into a reporting company which then will be 6 months...
It will take 30 to 45 days from 12 months to invoke Rule 144 and then remove the restriction.
aug 16 for both
Dear Karlacorn,
I deeply apologize -- My language is not in my control sometimes though I am trying to improve....
Like how some doctors scribble their prescriptions, I use my mind to write what keeps coming in...
Kindly Pardon my english...
Dear Snow,
You are actually receiving in 5 other verticals ---
SURA (Whiskey), MEAL (Food Carts), SQFT (Real Estate), AERO (PlaneSeat), and IBANK (Banking activities).
You will be receiving
(a) 30 Additional tokens in SIRI and SIRO for every $108 in cash grant that you earned as payable
(b) Tokens into SURA, MEAL, SQFT, AERO and IBANK in numbers that equal your tokens received in RISO and SIRI + 30 additional tokens for every 108 dollars in cash grant that you earned in SIRI and RISO.
This means we are issuing bonus tokens on all the 7 verticals.
Issue date is the beginning date Karlacorn, and the company specified this many times before for each vertical, latest being IBANK.
Dear Karlacorn,
Holding period for shareholders is by law --
If they are US persons, then SEC stipulates minimum holding period to be 6 months / 12 months depending on the status of the issuer as a reporting company.
Issuer becomes a 'reporting' company either by turning into a registrant company or by crossing the shareholder threshold, which is 2,000.
As I have discussed earlier, our task is to have investor count to 2,000 at the earliest possible convenience so we directly become a reporting company.
Non US shareholders, issued with Reg S also have the minimum holding restriction with the exception that such restrictive holding is not applicable if the non-us shareholders sells the stock (token) to another non-us person. 'US Person' definition is as applicable and defined under Regulation S of the US Securities Act, amended from time to time.
Laxmi Prasad
I have heard enough of this and would not answer anymore to these repeating messages...
Dear All,
We are issuing additional tokens on SIRI & RISO
plus we are issuing Tokens (Original plus Additional) on SURA (whiskey), MEAL (Food Carts), AERO (Plane Seats), IBANK (offshore bank) and SQFT (Real Estate).
Laxmi Prasad
True Karlacorn, as Tokens are security instruments ...
Initial Acquisition Dates are not given as they vary per individual and the group (ITUP, IREEM, CCAC, Direct Investment).
For the Staff in Mumbai, it will be a fresh issuance, through Reg S, and their acquisition date would be Sep 15.
The add on token issuance that we are currently working into, Sep 10 will be the issuance date.
Laxmi Prasad
Dear ArcCeliaSkye,
My email clearly spelled that one will have the ability to exit at the then prevailing price and if not company will offer at a minimum, the original outstanding compensation as buyout price.
(2) 90 days is the minimum stock exit holding period / for US residents it is 6 months to 12 months.
(3) I am quite sure, we will payoff the backlog on Oct 11
Looking forward,
Laxmi Prasad
We have a service provider and infrastructure sourcing third party
We have recently added the two resources from our end for digital integration and on the verge of adding 2 senior level resources, once we pay the retainer.
Plus 10 of our founder shareholders carried executive level technology responsibilities and their life was into launching life size projects for Tech Giants.
The party advising us for release of stablecoins has enough infrastructure and space and the person previously headed NYMEX and overseen its spread into DUBAI markets for us to bank on his vast resource pooling capacity.
MyGold, Whiskey and AERO will be industry disrupting commodity backed stablecoins that two veteran airline founders are opining would become the common currency of exchange globally, replacing fiat currency requirement.
We were anyways backing/wanting to back these tokens with underlying assets and there is no difference for us execpt framing them into the stablecoin environment.
We will move these three verticals as stablecoins and continue other potential assets for a while as originally planned,
It will be easy for us to push Gold, whiskey and aero now than later..
Laxmi Prasad
Goodnight everyone !!!
I am sleeping because of medication ---
I apologize,
We are working on 8 plances and not 4 planes...
We are working on 4 planes -->
6 x A321 Neo 240 Seats --> offering is for 200 Seats per Plane => 1200 Seats ==> 60,000,000 Fractional Tokens of $10 each
2 x A350-1000 480 Seats -> offering is for 400 seats per plane => 800 Seats. ==> 30,000,000 Fractional Tokens of $10 each
Combined 90,000,000 Tokens of $10 each ==> $900,000,000 [8 planes -> 6x321N +2xA350-1000 planes]
We will get there on automation —
I have some brilliant solution for nigeria — will update by mid of coming week,
Will work on the figures and then we decide ..
Will work on the figures and then we decide ..
Indian Office(s) Focus
Sales Support == Client seeding, Client Interview, Document Management, KYC and AML Verification
Investment & Wealth Advisors -- To get licensed by SEBI as Investment and Wealth Advisers
Product Sales Specialists / Managers --> To sell Fractional Assets and LRS Investments into US Verticals
Periodic Investment Reviews and Reinvestment advisory on Monthly returns
Year End valuation certification and Reporting / Form Issuance for Tax Compliance
---------
Periodic Articles and Product Training Videos
Wealth & Investment specific subject spread through Influencers
Digital & Social Media campaigning
Web Development & AI
Develop our own CHAT Bot for product / investment clarifications
LRS and investment climate
Problem Resolution Management Cell
I have lot of pressure to introduce AERO and Whiskey
We will not release Rice...But we will introduce Aero and Whiskey and stop there...
Dear ArcCeliaSkye, I have put the circular in place...
And Let us all begin working ...I need all of you and we will march this company forward ...
We will be a great company that you will not repent working for ....
Looking forward,
Laxmi Prasad
Online, we may still show 111 to 120 but within some heads, we have multiple investor accounts
Dear all,
Purpose of the table that RD shared is to show at what % of Gold within SIRI Token, Stablecoin presents Fair Value of Total Metal reserved in MyGold compared to market prices.
1. Each Coin has 50% value filled with 100% 999.9 pure Gold
2. Against the remaining 50% to be filled by SIRI tokens,
if we secure SIRI tokens with 60% of value with Gold then we have 100% of Fair Market Value realized for the quantum of gold placed through SIRI and direct fill-in.
It turns to 106% if we store 66.67% of the value of SIRI in Gold,
109% if 70% of the value of SIRI is stored in Gold and
113.6% if 75% of the value of SIRI is stored in Gold.
We plan beginning with 2/3rds of the value of SIRI stored in gold and this implies we realize 106% from the total gold contained in MyGold stable coin vs market fair price.
Once we experience the expense ratio and the turnover cycles, we will adjust the metal ratio in each SIRI token and normalize,
Laxmi Prasad
If anyone undertakes this work they will understand why it takes time...
It is not as simple as we think because gas price changes all the time;
We are currently formulating how many token holdings each shareholder will benefit...
and then probably from evening we will be keying in them on Polygon....
Lastly, I have just written overnight, the working staff is 6 out of 34 and these 6 are carrying the entire responsibility, Not just having these tokens enlisted...
One is working on Internal Control Procedures and defining process steps for introducing stablecoins; otherone is working on Financials and developing algorithm that tells what % of Gold as security through SIRI will offer how much % of Realizable value of metal compared to its market fair value; one is working on 5 year projections and one is working on Placement Materials....
While these documents have to be delivered to Banks by Monday European and Puerto Rico time, and all these 6 people are contributing their best hours, we are also working on 504 people how many additional tokens each of them will gain.... Computation of this table is a must before we add tokens to their folios.
It is not for fun nor it is that we are wanting to delay this karlacorn...
If we neglect the stablecoin paperwork, then Monday again someone will comment on sales progress ---
a little bit of patience will add to everyone's comfort zone especially the few working people that includes me...
We are undoubtedly working for everyone.....
Please kindly step into my shoes and think whether it is reasonable to write like this -- It is extremely important for minds become strongly positive...
I am swimming and sailing against a very strong negative vibe here, and you should appreciate I am still keeping my heart beat normal, with strong will and mental capacity.
Thanking you for your understanding, I can write, we are absolutely working on it....and we will deliver this... I wrote to you we will finish before the weekend and we will....
Laxmi Prasad
Dear Karlacorn,
We are absolutely working on this...
You will have it completed by tomorrow night or by early hours Monday...
Laxmi Prasad
Will do and let us start working....
Will message in sometime as we get into Rishi Panchami...
With the blessings of Lord Ganesh, we will start working ...
We will issue tokens for the past outstanding plus we release weekly salaries for the work beginning 10 Sep on every Tuesday in the following and we clear the backlog on Oct 11. In the meantime, if we get the US Credit, we clear all past outstanding.
This is what we have adopted for the US Staff and this is what will turn applicable for Indian Staff -- If this is not acceptable, then we pay all outstanding until the day staff remained with us (we have done this investigation) on the 11th oct.
Let me know if this is acceptable and email confirm about it -- There is no negotiation in it as I do not wish to promise something that is not possible nor it is possible for me to act in two different ways...
Laxmi Prasad
Financial Product selling goes by establishing a strong natural lead generating capability and this needs a length and breadth spread.
Digital and Social Media support at the best act as supporting tools to this initial penetration but they do not takeaway natural market growth. It is only after a solid progress we make through established sales network, we will be able to mutter sales online and through digital and social media. This however helps us branding ...
To have natural market spread in large scale, we have tied up with two Banks and even proceeding with them to get licensed to act as service provider with Financial Markets Authority.
While we may self sell until Oct 11, we will be focussing on heavy recruitment after then as this is a must for the organization...
I have confidence we will muster sales to pay the weekly compensation and the retainer fee... It is just a matter of few days now..
I am getting back to work )
Very politely I was writing of it at least 20 times on this board ...
that we need him, we will onboard him and we will pay him
I was just very firm in NOT borrowing money to pay
We will generate sales and onboard him which in case will not debt us but expense the retainer out of the margins we make on sales.
Why it is taking time? I will leave this to everyone -- I have explained in depth....reasonably enough...
Not sure what you are talking about...my words are very clear...
I agree we have not honored the contract ..
While we are confident that we will pay him and onboard him, it is taking time for us...
I am not sure, after reading what all I wrote, if you are circling there, it looks reasonable for me to stop here and not waste my time repeating my explanations...
Dear LVerstee,
Please not teach us on this ...
We are sweating our blood on these efforts for this company without pay, getting our health into severe concerns against the wishes of the family and a lot...
Words will be less to speak of our merit.
And i am looking for a war force established not those who are counting 1st as the date for paycheck...
And we have enough maturity levels to safeguard our hardwork that we have been placing over these years and not cost our lives after establishing all of it..
Any person joining us will carry this war spirit -- and that identified person we will not miss him...
I never wrote we will not be honoring the contract...
I wrote I will be paying retainer along with weekly pays to the existing staff...
Are you ready to work????
We will compensate with tokens for the backlog and I am ready to compensate weekly for the work hereon...
And once we get funding on Oct 11, we clear the backlog and you will get to keep the tokens ...and realize whatever price you think they would be ...
It may be worthless for you...but that is our life and soul...giving them is with a reason from our end...
And if you cant value these you are not needed for us....
Let me know and email me your confirmation....
Dear Modes,
Progress on sales is a huge step forward --
and If I am writing on board that we are firmly progressing on sales, It implies this activity is on...
Especially when banks engage into sales of the size we are expecting from them,
there is a ton of background effort to it...
Both the banking groups' executives are quite excited of our product base...
and it is out of their continuous interest that we got into stablecoins as they see investor safety as well as our safety in it by firming up the product.
They are multi billion dollar opportunity by creating industry pegged stable coins ...
Once we firmed up the stablecoin -- MyGold; our next target was to achieve 100 realizability out of the coin to match the fair value of the metal that a customer could have otherwise drawn if he directed invested into gold. We have tabled this too... and I have circulated those worktables here... Now in this weekend, we are even bettering it to present that we are 10% better than fair value if a customer invests into our stable coins... The compounding affect that the metal within the coin offers will be ice on cake for them with the base guarantee of realizing their original investment safely.
Finally I have asked Mike to prepare placement materials so banks can begin to circulate... Mike, Likhitha, ISA and Lekha will be working on this.
We are selling this to most known physician group as these 6 physicians can become 45-100 solid investor group for us....and the community spreads...
While this is on one side, we are firmly working towards establishing country level financial sales network -- Financial industry does not accept digital and social media marketing until the products gain certain initial firmness and this is hence we cancelled the contracts and not because we have not paid them. Financial sales happen only if the person is naturally known and then that bucket should keep growing to a stage it spreads into public. I have been in the industry for 40 year now...sep 20 1984 I entered into Financial Sales.
To be short, we are solidly progressing on sales...
It is not at someone's direction we worked until this stage...
It is our blood sweat...our commitment and dedication 24x7 that brought us to this progress...