Interups Inc (ITUP)

[RealDutch]

Fredrik (Petrejus) and I already got paid for our first month on the job, for September.

That's probably the best sign we have so far that the company is not a complete scam, all things considered. Just saying, had this been a Chinese company, we would probably still be waiting for our money.

I already got paid 2 weeks ago. Fredrik only recently as his invoice was sent later. And it's good money. We will get paid again in about 10-15 days, for October. They are even setting up a separate account as the bank is currently charging us close to 2.5% on the exchange rate. No more, as of October.

So now the next step is to move forward with the S-1 filing and IPO of Cow Capital. Create some value for these shares. The Cow shares will still be locked up but it will be a significant step forward towards creating value for the shareholders.

Doesn't mean I'm happy that they cancelled the cash dividends. I have already criticized them to the extent that I am comfortable with. And I told them there will be consequences even though I can't foresee and predict at this stage what they will be.