Interups Inc (ITUP)

[RealDutch]

2.5 x more taxes to pay. On the bonus tokens that were issued to employees in January. (For the income tax in 2024)

( Question1) Do you have an exact issuance date for the bonus tokens? I'm going to need it to determine the exchange rate (on a certain date) for the income tax. Makes me wonder whether we shouldn't just use $0.01 as value for the bonus shares that were issued to employees (Question 2). However, the number of tokens were determined based on a $10 price. So perhaps we should still use that price? For the income tax. Although, the only reference transaction price we have is from late 2023 and it was $0.01 then.

These are the issuance dates I have for now.

Verticals Issue date

Gold - 15-sep-23
Rice - 15-sep-23
Food Carts - dec-23
Whiskey - 16-jan-24
Plane Seats - 16-jan-24

Perhaps you have a more exact date for Food Carts? (Question 3). Again, I need it to determine the exchange rate (in Euros).

And this raises another question. If the whiskey tokens were issued for $0.01 on Jan 16 then how can the whiskey bonus tokens be valued at $10 at roughly the same time? Because the bonus tokens were issued in January. (Question 4)