the first dividends are paid through Masala Agri and My Gold Grams. Sura Inc (Whiskey) and MY plane Seat (Fractional Plane Seat) will follow coming quarter (which means next dividend will be out of 4 companies). By the end of 2024 we should be paying out of 8 verticals (at least food carts, Palm, AQUA and My Square Foot).
I know there is a bit of complexity but I request all shareholders to independently place their minds, seek clarifications from the company and take their voting preference after deeply analyzing which is more beneficial to them.
Progressing solidly,
Laxmi Prasad
Option 1 gives 1:1 shares in each of the 9 verticals as we progress into all of these nine planned with one SPAC endorsement.
This means ITUP Shareholders will gain 36 million overall shares (4M x 9 verticals) and they get their periodic dividends accordingly.
Option 2 gives 1:2 shares in each of the 9 verticals as we progress into all of these for every spac that we endorse. This implies 1x5 shares for 2 shares of COW in each of the 9 verticals.
The benefit of Option 1: All 45 million (4 Million for ITUP shareholders + 1 million for ITUP IREEM Cash contributors into each verticals x 9 Verticals total), the issue price would be $0.01 per share. The benefit of Option 2: ITUP shareholders will get an overall 2.5 million x 5 x 9 =112.5 million shares. But their issue price on Gold and agri may increase for remaining 4 endorsement from cow. Issue price on Sura and plane seat may slightly be more than $0.01 per share. But issue price on remaining 5 verticals will remain $0.01 price per share...
The dividend flow in first and second quarters may show favorable flow for shareholders if they choose Option 1.
The dividend flow in first and second quarters may show reduced cash flow for shareholders if they choice option 2 but the dividends will bulge in option 2 as we progress year on year because if we choose options 2, the over dividend flow will be 12.5 million shares per vertical (of all 5 spac endorsements from cow that we planned) x 9 verticals. this means dividend flow will actually be a pot of 112.5 million shares in 9 verticals x dividend rate vs 45 million shares x 9 verticals x dividend rate...
I request everyone to properly assess their financial goals and needs and cast the right voting choice!!
Laxmi Prasad
AI
