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snow

09/03/22 8:57 AM

#7089 RE: palaypu0406 #7087

Dear palaypu0406,

I regret that I have to change my tone of voice a bit after reading your last post. "
I am not sure how many shares you hold SNOW but anytime that you would like to exit, please let me know with 30 days notice." In fact I have posted here again and again that I own about 8000 shares. On your request I have even sent an e-mail to you with the exact number. It is therefore surprising that you stilll do not know that number.

I would like to add that some weeks ago you stated that you would file the financial numbers for the last financial year in the middle of August. I forget if those numbers were supposted to be audited. It still has not happened.

A few days ago you stated that you would reply to my post about about the last financial year and the revenues of ITUP as the new activities (WM and SPAC's) replace them or are launched in addition to the old activities. A few days later you have not addressed those questions. This is why I mention these questions again in a post to Petrejus in the hope that you will address them now. I have undestood that Petrejus is not the rigfht person to address these issues. You are but you have elected not to do it so far. This makes me a bit suspicious. Why is it so difficult to shed some light on those questions.

I like to act as the devil's advocate in relation to my investments. Therefore people who defend the companies they have invested in are sometimes very angry with me for that. Just to mention a last point. To me it seems strange that a company that had net profits of about 350 million dollars in financial year that ended in 2021 seems to find it hard to find the money to pay about 8 million dollars in cash divideds in October. If the progress continued into the last finacial year the cash dividend would be about 1% of net assets.

I assume that ITUP will start trading again on a stock exchange next year. If that is to be expected I have no plans to sell any of my shares before that happens. I have other shares worth more than 100,000 dollars an I save about 50% of my pension. I therefore have no need to sell my ITUP shares anytime soon.

It is my general stance to be honest and outspoken. I hope that is reflected in the above text.