Replies to post #9256 on Interups Inc (ITUP)

[RealDutch]

Yes, they probably trade more like SPAC shares during the first months. Flattish, low volume and boring. Hardly any movement.

[snow]

Dear Laxmi,

Thanks for addressing in some detail a question I raised. I find the information you provide very encouraging. I have tried to analyse some numbers and it strikes me that it is crucial how fast investors are buying the 20 million units (tokens) that will be offered since this is the basis for buying rice in India. I understand how it will be very rewarding for those who buy these tokens for 27 dollars per token if all the tokens are sold. It is some sort of virtuous circle. But if only a fraction of them were to be sold it will be way less rewarding to buy them.

I don't plan to sell my tokens during the first few months but it seems wise to sell some before the end of this year to enable me to pay a substantial wealth tax based on the value of my warrants at the end of this year. The private key in digital wallets is very vulnerable. If I were to lose it before I have acquired the cash to pay the wealth tax next year I might be in great financial trouble.