InvestorsHub Logo
icon url

snow

01/31/24 7:10 AM

#8734 RE: palaypu0406 #8732

Dear Laxmi,

I am extremely disappointed to learn that there will be no cash remittance as promised. RD stated not long ago that there would be such a remittance and I had the impression that it would happen by the middle of March at least. To me it is hell to envisage dealing with tokens. I therefore have one question for you. Can you find somebody that is willing to buy the tokens that replace the cash rtemittance for at least half the amount of money I had been promised and that you will remit that sum of money to me? 50% would be about 10,000 dollars to be remitted to me. If you cannot it suggests that the tokens are worth a lot less than the sum of money that was supposed to be remitted.

If you stick to the idea that the tokens in 3 verticals are worth 10 dollars each I may have to pay a wealth tax a of a bit less than 25,000 dollars. If that value goes for more than 3 verticals the sum will accrease accordingly. I have altogether staked about 50,000 dollars in your companies. The return the way you run your business be another 25,000 dollars in a wealth tax which would seem to be based on undocumented value and no cash remittance and tokens that are of no value to me since I can't handle them.