Interups Inc (ITUP)

[RealDutch]

We are waiting for money out of India from 2 asset sales. $25M + $27M.

As most things appear to be struggles for startup companies, repatriation can be a bitch too. Certain procedures have to be followed. We already have the tax certificate. We are waiting now for FEMA approval, a final step. We should be very close.

And we can double that money dollar-for-dollar with FCG, resulting in $108M.

The exact timing is impossible to predict with 100% certainty. But the important thing is that we are securing dividend payments not only for this quarter but for the next 3 quarters as well, resulting in a total $1 payout per share annually.

I hope that explains it. Thanks.