Interups Inc (ITUP)

[snow]

Dear Laxmi,

You write that you "have been busy working on Placement Memorandum with $10 as unit price ..." This makes me and I guess others curious as to what sort of units you refer to. I have done a bit of thinking regarding the value of the vertical tokens. Based on the projected cash dividends later this year and assuming a value of one dollaer for all the 9 sorts of tokens the cash transfers would seem to result in a dividend yield of about 10% per year, which is high. But if the value of each token is 10 dollars the dividend yield would be about 1%, which would seem very low compared to what is common in the stock market. Stocks seem to command very different valuations based on earnings per share net assets per share and future prospects among other things. Thus it seems very strange if all the 9 tokens are supposed to have a value of 10 dollars per token once the real business has started for all 9 of them.