Mail announcing dividend declaration, book-closure & payout date(s)
email of August 6, 2022
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Dear All ---
I am writing today to make some important announcements --
Today is my daughter's (Likhitha) Birthday -- It was in her name that Interups was originally bought and then we switched it onto the OTC ...
These 8 years, we have seen the best and struggled the worst ...
But now we are moving very aggressively to become the first Digital Wealth Management Public Company with our focus to bring in multiple sectoral assets, including certain long-term recoverable, as Digital Assets - easily tradable or swappable globally anywhere to anywhere ....(subject however to adhering to the regulatory / statutory compliances).
To effectively expand with enough capital on hand, as you all know, we are targeting SPAC IPO with POST IPO Capital slotted at $150 Million including 20% Sponsor Capital & 15% over allocation. We are further expecting a $275 Million PIPE arrangement that would help us complete a Billion Dollar WM Business Combination acquiring several smaller / Medium WM / RIA / Broker Dealer firms.
And this IPO is slated for Oct 2022 (if any delays from SEC, then it may be Nov but we will surely be going with IPO in this year regardless of any market fluctuations or disturbances). 99.99% in Oct itself.
It’s hence time for us to set the record straight for Interups as ITUP along with its shareholders is planning to be the core member of the LLC that is sponsoring the SPAC for WM services.
One critical obligation to deliver is our promise to compensate shareholders with a reasonable dividend payout prior to the IPO date as that will help them have some cash on hand to ease out the long wait they had to follow and also further them to reinvest a portion of these monies into the IPO we are slating.
Nothing I felt would be a better day than this 6th August which is my daughter’s Birthday, as ITUP was originally bought in her name and then moved onto the OTC.
Dear all, I am hence pleased and obliged to announce our first dividend declaration for our shareholders in the amount of $0.48 per share held. I know this helps all of us very deeply and we have struggled and oiled many nights and days to reach this day to be compensated back. There were many times we were felt by people as written off material but we have been withstanding all of that with deep merit and mettle. AND now, marching with great pride to establish the first and one of its kind digital wealth management practicing company spanning the world across…
I am very hopeful and confident we will draw many more such dividend payouts once we will out all the sectoral SPACs we are planning.
This dividend payout will remit into respective shareholder accounts on the 4th of October 2022 (a very auspicious festival day) and to have this paid out we will have record keeping book closure date fixed as Sep 18, 2022. Sep 18 also completes my 25 years of stay in the United States ????.
2. I will be working for Cow Capital acquisition Corporation as Chairman and Chief Futuristic Officer with Knowledge, Strategy and implementation as my role and responsibility. We are visioning to digitize non-conventional assets under Wealth Management Practice and implement our launch globally, helping asset monetization/Swap for customers through Digital Wallets, anywhere to anywhere in the world. Considering this futuristic vision and the decades of Wealth Management Experience I hold, I felt my position as Chief Futuristic Officer will be more meaningful. Hence the change...
Very pleasingly announcing this, I am very hopeful this drives many hearts into comfort zone,
Sincerely,
Laxmi Prasad, BS (Acct) ACA (India) CPA (US)
Chairman Interups Inc
Chief Knowledge Officer - Cow Capital Acquisition Corp
90 State Street, Office 700 - Suite 40
Albany NY 12207
+ 1 (646) 575 9161 (M)
+91 (939) 087 5376 (India Mobile - WhatsApp Only)
Skype: Siriprasad66
AI
