Interups Inc (ITUP)

[adijas]

You seem to think that a new IR firm and updated website will do it all. I doubt that. I prefer a CEO who is building a business than one who is building a website. And it's funny you call yourself a shareholder. I read some posts from you where you were buying and selling. So like everyone of us here, you are a sharetrader. Nothing wrong with that, but it wouldn't be smart for a CEO to listen to people like us. We have only one interest, and that is a rising PPS, as fast and high as possible. When it reaches our goal, we sell and move on to another ticker. That said, I bought my first shares in September 2019, and always kept a core position. Why? Because I think this company is real. It's all over the Indian press and I don't belong to those who call everything fake news.

You are holding Laxmi responsible for the PPS, and when it goes down you call him a failure and tells him to resign. I'm holding him responsible for building this company and when he succeeds, the PPS will follow. Long term. Short term it will do nothing as long as the seller is there (could be the investor Laxmi is telling about, or somebody else, I don't care) . You can hire 10 IR's, building 20 websites, but as long as ALPS is around, it won't go up. ALPS is one of the worst, you can't beat him until he's done.

Then the filings. There is the comparison with suspended tickers lately. Which is nonsense. That were completely dead tickers with no management, no adress, no business. They were pumped on twitter by groups who made big money on them. SEC is always contacting the company before suspending and only if they don't get a reply they'll suspend (they use the contact info on OTCM, so there is a problem if that's not correct. For instance MGLO is a real company, but they had a typo in the mailadress. Now they corrected it, after te suspension. Too late).
With the new SEC-rules I don't think ITUP is at risk for suspensions for delinquency anymore. At least unexpected by SEC. They have to start the process of getting current before the end of June and must be current by September, otherwise they'll go to the Grey Market. I have my own deadline, if I don't see filings by then I'll sell.

Trading in OTC is extremely risky, especially in Pink stocks. Most people lose (this is an interesting read about it https://www.sec.gov/files/White_OutcomesOTCinvesting.pdf). Yes, last few months almost everything went up and the money going around in OTC was unusual. Instead of the usual 1.5 - 2.5 billion dollars a day, last weeks it was 4.5 - 5.5 billion dollars a day. No doubt it will go down again and a lot of people will lose a lot of money. If you are not willing to take that risk, you shouldn't invest in OTC. Everything can happen here, good and bad. It never stops suprising me. I'm very aware of that, so I take full responsibiity for my investements. Some work out, some don't. If I don't like a ticker anymore, I take my loss and sell.

As for ITUP, I still like my chances here. Only a few months left before they must start filing. I can wait for that. If you think Laxmi is a scammer and the filings won't come, you can better sell and move on. But I don't see the puspose of all your posts. If he is indeed a scammer, he will never deliver, whatever you say. And if indeed he is delivering, he turns out to be an honest person trying to build a great company. Then your attacks are shamefull. Unless of course you think that he delivers because of you. Hope that's not the case.

I don't mind you being critical, but stop the personal attacks. They are annoying and won't change anything. Let Laxmi do his thing. He is responsible for building the business, you/we are responsible for believing in it and taking the risk to invest.