Interups Inc (ITUP)

[snow]

RD What you write here is that there are two different kinds of RISO tokens and that the ones we get are different from the ones that will trade externally. Actually, this is very interesting in some ways. I suspect that the volume of trading will be a good deal lower than for the other kinds of tokens. The prices are likely to be quite different too even if the price of our tokens will indicrectly depend on how well the business is going which will again decide the price of the other tokens.

For us I assume the management fee is important when it comes to the profits. Moreover, we will be entitled to one third of the gain above 8% if I have not misunderstood. From the revenues the expenses will have to be detracted. Of course we could also buy the other series of the RISO tokens if we want to. Since you write that these tokens will be backed by 10 LB of Basmati rice per token, I assume that they are not trading so far. If my memory does not fail me Basmati rice is a good deal more expensive than some other types of rice.

Regarding the value of our RISO tokens I get the impression from your post that there will be about 70 million tokens. I have had the impression that there will be 100 million. This is quite significant when it comes to the value of our tokens.