Friday, November 03, 2023 6:35:45 AM
That's a great question and I will be very happy to address --
There is no change in our vision except the way we are doing it for better capitalizing the efforts that we are placing into.
The next decade is all Artificial Intelligence, Asset Tokenization using block chain currencies and we will see fiat currencies redundant though we cannot rule out their continuance....
Every sectoral piece is planned by us to move keeping in pace with the directions that world is progressing into and we are seamlessly changing the ways and means of economic output & trade we are focussing ... And Market Capitalization is the ONLY Mantra to bring these changes we are visioning globally in multiple sectors -- agriculture (Rice, Palm and Sugar), Aqua (Crabs, Fish, Shrimp and Prawns), Alternate Energy (Solar Farming), Commodities (Gold, Iron Ore and Rice), Dairy, Food & Beverages (Food carts , restaurants & whiskey), My Square Foot (Agricultural infrastructure, Education, Healthcare, Hospitality, and Residential Co-Working, student hostels and Apartments). Each Vertical, we will either be having a SPAC endorsement or engage the vertical into Direct Listing.
We may see tons of challenges but we are crossing the bridge one after the other very cautiously... The system is getting built very ergonomically. Tokenization is giving tremendous life to our lungs. To the extent that we are appointing two major Sales Support Companies to appoint 100 manpower every month over the next 6 months to unlock the huge sales potential on cards. And the only way we will be able to convert this into market capitalization is by two methods -- SPAC / Direct Listing. Having SPAC Combination / Direct Listing is therefore a must for us to make this a legacy establishing group that will keep its shareholders value for generations to come.
If someone questions the uncertainty of these happening, I do not wish to answer this and influence shareholder's mind. It is for sure that we are envisioning our group to become a conglomerate with at least 100 B in assets under our management as First Level Target -- no matter what challenges we may face we have progressed from nowhere to the current levels and I have do doubts in reaching our goals. But I will leave the judgement to each shareholder and we take their majority as our choice in stepping into this critical decision. Honestly, If someone is looking for immediate cash option 1 is the best... If someone sees the vision and the way we are stepping towards, they will choice Option 2 foregoing the initial 1 to 2 quarters' reduced dividend flow as option 2 offers compounding dividends year after year along with market capitalization and multiple listed entities stocks and warrants. But I would like to have one's independence, mind and freedom to vote which option they prefer. My explanation here is not my recommendation nor I am attempting to influence -- I am in fact abstaining from voting and leaving it to the majority of minority shareholders vote count.
My other validation on ITUP -- Yes I have answered in the group that we will go for Direct Listing in the last quarter of 2024 or first quarter of 2025 as by then we will have a solid backup from all these verticals and SPAC Combinations. I prefer to see ITUP a 100 Dollar per share company...Rest god will lead us there...
I just request everyone's prudence and careful assessment of the options before they vote.
Laxmi Prasad
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