Interups Inc (ITUP)

[RealDutch]

I asked Laxmi some time ago where they sent the money. I think he replied and said My Gold Grams Inc. I replied, hmmmm..... perhaps that could become an issue because Ireem LLC is actually the subsidiary of Interups, and we are considering repatriation of funds.

But Laxmi said he is certain that My Gold Grams is the right company. Well, he knows best. So I have no reason to doubt him. But that could be the issue perhaps.

Anyway, it is always something. Although the reasons vary from one company to the next, what all startup companies have in common is that they all struggle big time when it comes to (debt) financing. As well as ramping up sales. I warned Laxmi about this 17 months ago. Given that I could already see the risk clearly, I don't think we should be in this situation now. But we are.