Interups Inc (CE) (ITUP) News

It is important that people receive correct information as it could otherwise damage their financial position.

Uhuh

I am not telling anybody to buy. This is not financial advice being discussed.

It is important that people receive correct information as it could otherwise damage their financial position.

P has forwarded your message to me. Not inclined to have any communication at this time. We can agree that my previous offer had a clear expiry date. Register an account and post your questions on this platform. The community will respond positively I am sure. You'll likely find the answers you're seeking, as many others are (now finally) asking similar questions. Other than that, don't wait! Crack the whip and take it to the bench NOW! That’s as much direction as I am willing to offer.
Returning to silent mode.

What I have heard is that they will focus mostly on MyCow going forward. It will be so huge.... 8 verticals active and 4 more planned already. Plus Nigeria.

Most of the ITUP shareholders already own MyCow shares. And those that don't will receive a utility token. Again, that is what I heard. They will be compensated somehow.

And all those verticals will get a public listing, in time. I doubt that they will do the same for ITUP.

If we forget about IREEM, MyCow, etc for a minute. How is ITUP as a company progressing?
We only hear about the verticals etc these days. But the core business of ITUP? Re-listing plans?

The plan has been to re-list at NYSE (?) but so far nothing has happened there. Is the leadership split between ITUP and the new entities?

I have too many questions.

Unreliable info.

Sit back and relax K, they are buying their tickets next week!

Laxmi told me they are buying the tickets today. Hopefully there are no delays with that too
Just sit back and try to relax.

... the ever-illusive land of Hong Kong? Again, two weeks after the reported travel date, we find it never happened. I've lost track of the number of times (over the past 13 months) there was a scheduled trip to this mystical land of riches.

I guess the silver lining is the incredible amount of interest that has accumulated on the millions sitting in Hong Kong. 🤔

Respectfully,
K
karlacorn3
Re: karlacorn3 post# 12256
Wednesday, January 01, 2025 3:39:37 PM
Post#
12264 of 12309

Happy New Year questions that should not have to be asked:
We continue to receive "happy to share" info, and upDates that are always allowed to pass with no follow-up, as if they never existed.
• $500k to be received on Monday Dec 30, 2024?
• Promise to provide update on payouts on December 25, 2024?
• Travel to Hong Kong on December 31, 2024?
• Promise to have new token counts updated by January 1, 2025?

... and yesterday's (oft-used), "I will share more tomorrow". There is an old adage that suggests, "Tomorrow Never Comes"... but we will see, Today.

The lack of operational efficiency and effectiveness compels dialogue. Hoping to see less debating, fewer promises, zero rhetoric, concise business-quality updates, and finally a result.

Respectfully seeking Happy New Year! for all!

K

Unofficially

We need 8 accounts. One for every vertical. Looks like we will get them this week. Then Laxmi will fly to Hong Kong. And dividends and other payments should be taken care of 2 weeks later.

I don't know how much I can tell you. So I will leave it there. We should be targeting first week of February for most payments. But we don't have a fixed date yet.

Any latest update?

Agreed. And I believe there is a 2,000,000 SIRI token reserve for employees in India. Currently valued at $1.80 per token (for tax purposes). Fair value could be much higher in a little while.

And our 5 consultants in Nigeria have already received some of those tokens as they have been patiently waiting for us to get funding. As they haven't been paid in cash either for 11+ months.

Just to say that those who stay on board and behave might also get their reward some day.

I realize this is not your intent, but in my view your updates show that Laxmi is continuously trying to resolve all the payment issues, with intent to pay. Some have been paid small amounts. Those are good signs.

Everyone knows that the cash situation has been a struggle. That is a surprise to no one.

It's good that he is keeping the communication lines open and working tirelessly for the benefit of all. Yes there have been many misses, but I am confident that we will get there.

My view remains to be patient and let them work through all the obstacles involved with getting funds moving.

Keep in mind that according to Admin I'm still a public figure even though I ceased working for the company in september of last year. Which means that anyone can post a bunch of crap about me and it will still be on-topic. Some of this stuff is almost funny.

I challenged IHUB on that one - being a public figure. You should look up the legal definition. For their sake they better get it right and respect my rights. I have certainly warned them about it.

So yeah, I'm still here. My family are co-founders and collectively we own 4.8% of MyCow. So we are not going anywhere. The only challenge left in The Netherlands will be to beat Miss Heineken on her wealth as we will probably crush all the rest. lol.

Do keep following us.

Another update the transaction which was initiated by Laxmi Prasad consisting 36 members on last week of December has apparently disappeared and lost. Now he has offered his team a new date in India which is 10th January. Man who was supposed to clear total outstanding of 10 months by January is still not able to make 15 days payout to staff in India which is a very very very tiny amount as it's in Rupees and not in Dollars still he is not able to make it. Prior to this transaction he has initiated fund transfer to 400 accounts globally including payment to US, HK, INDIA, EUROPE, UAE & SINGAPORE which never went through and surprisingly it was initiated from an account which was yet to be opened in CITI bank. If this is going to be the speed of if he keeps defaulting on payment just like this trust me it will take ages for the backlog funds to be cleared as day by day bounty is increasing with absolute no payment to stakeholders, staff and vendors.

Bitter fact, he was always meant to be here for absolute no reason. He is a good actor but unfortunately unpaid and free advisor on behalf of Laxmi Prasad. As the founder, chairman, CEO, Chief Architect Officer and God knows what all position Laxmi has giving to himself, point is Laxmi Prasad himself is permanently banned from Investorhub. Feeling pity for this old man, before the start of his company it is about to shut, this man has no money to pay his personal dutch assistant and planning about billion dollars company. No bank is lending loan due to his track record, in his recent contract he cheated Datamatics and paid absolutely nothing not a single penny. Now this dutchman will start barking on behalf of his so called but not biological father.

Holy sh$t, you are STILL here??

You pretend to be a lawyer? Only a fake one, or a complete moron, would post his client's details on a public forum.

Laxmi you are so predictable, you were non responsive to everyone when they were yelling and asking about salary update, as soon I posted here you became active all of sudden. I very well knew you are active and you would definitely respond. Please find below mail sent by Laxmi Prasad couple of minutes ago to staff in India and the speed of communication being shared with me. Please read the mail carefully where Laxmi is threatening staff member about delaying their payment if anymore mail being sent on same mail trail. His threats about delaying the payment itself is a proof which is very loud and clear that he have never initiated any transaction in last week of December as communicated which is still not credited to either of the accounts. How can someone still have a control over a transaction which is in process from past 10 days and still Laxmi has a control to delay or cancel it. Wake up guys wake up and down not fall to his trap the transaction was never initiated for staff in India.

You are simply not acting in their best interests by posting details of their emails. Not that I am surprised though.

10% Glimpse of the details shared by Indian employee. How people are being fooled of making payment in December and same transaction is not yet processed and neither of them have received the credit yet and Laxmi just vanished with no updates on payment after making them wait for more than a week by stating payment was done in last week of December but it was still in progress due to moneygram have severe backlog of payment due to which it's been delayed such a fool those employees are who simply beleive in him and this is not happening for the first time he has fooled everyone multiple times in past.

If you intend to continue in this manner, I am fully prepared to take legal action on behalf of the staff members.

But why are you here? Soliciting is not allowed.

Shareholders and employees alike are growing increasingly frustrated with the consistent miscommunication and false promises. The situation has reached a point where people are no longer willing to accept the ongoing delays and excuses. You have continuously claimed that the transactions for the 15-day salary are in progress since the last week of December, yet we are already at the end of the 6th of January with no visible progress. The staff deserves to know the truth, rather than being misled with hollow assurances.

Additionally, the claims you have made regarding placing an order for laptops have proven to be untrue. The employees have been patiently waiting for their necessary equipment, and it is clear that nothing has been ordered. This repeated dishonesty cannot continue. You have also failed to deliver on your promise to share official offer letters, despite multiple assurances from your side. Furthermore, the issue of confirming workflow and work arrangements remains unresolved. How do you expect to confirm work commitments when you have yet to send official offer letters, let alone provide the laptops required for employees to perform their tasks? Any attempt to share a workflow without fulfilling these basic requirements will be seen as another attempt to mislead and deceive.

If you intend to continue in this manner, I am fully prepared to take legal action on behalf of the staff members. I have previously pointed out that no transaction is pending in backlog, and everything was supposed to have been completed in real time. If you attempt to deflect or deceive the team once more, I will not hesitate to share the confirmation from Moneygram regarding your misleading actions. The time has come for you to face the reality of the situation. The employees are not willing to accept further delays or false promises. I strongly urge you to address these issues with honesty and integrity, and stop trying to fool everyone with baseless excuses. You owe them the truth.

Laxmi, your behavior over the past several months is a clear example of 'plausible deniability. Even though your actions have been inconsistent and promises unfulfilled, you continue to provide explanations that favor your perspective yet they fail to align with the facts. Since June 2023, every month has been marked by promises to clear the outstanding dues, yet nothing substantial has been paid, with only a fraction of what was promised, a mere 15-day payout.

You expect people to work with no proper resources, without the right tools or designated workstations, and yet you want them to deliver results. How are they supposed to perform well when they lack the basic support to do so? Expecting employees to sell gold from their phones, calling random numbers, is neither realistic nor fair. You are not fooling anyone anymore. Employees, shareholders, vendors, and even well-wishers see the truth.

It’s time to stop hiding behind excuses and face the reality of the situation. It’s high time you take responsibility and show your commitment through action rather than empty words.

Stablecoins: The first ‘killer app’

https://www.sc.com/en/corporate-investment-banking/stablecoins/

Concerns raised:

Concerns raised by who? Are you an employee, shareholder or vendor?

No money is coming in soon. He committed to pay 6 months pay to US and Indian staff in 4 batches which was supposed to be cleared in the month of December and rest pending outstanding was supposed to be cleared in January. But unfortunately here staff in USA have received absolutely nothing not even a single penny, staff in India has received only for 15 days and rest 15 days is processed by Laxmi Prasad on 30th December but unfortunately that fund is not credited to either of the accounts in India, he is giving an excuse Moneygram have a very heavy backlog to complete the he payment hence the delay.

Concerns raised:

No transaction has initiated just like every time this old man is fooling around and playing with everyone health as confirmed by Moneygram they process transactions in real time and they are not in 1980s to process every single transaction manually which will have a backlog their systems are based on super computers and most advanced software which are capable of transferring funds in no time. Laxmi Lied again but the fact is he has not initiated any transaction. From 30th he is giving same excuses now he has asked the staff to wait till Monday for the credit how funny and immature indian staff is who really couldn't understand this basics and laxmi's tactics.

His CITI bank account is readily available as confirmed by him previously for transactions then why using Moneygram and if using Moneygram then why sending funds from personal account, sometime from Likhitha's account sometime from Lekha's account and sometimes even from Kauthalya's account this is red flag. If not from CITI bank this old mans billion dollars company might be having a business or corporate account but no it doesn't exist in billion dollars organisation hence sending from personal accounts that too penny. He is such a shame to this industry.

Staff in USA was supposed to be paid in same pattern as staff in India in same time period which is month of December but he didn't paid anyone simply failing in every single commitment. Now he will start paying them by the end of this month which is extended over one month including past 12 months extensions. And still people are blind to beleive that this scammer will pay them. Once he receives the amount he is expecting, he will simply vanish using investors staff and well-wishers just to show business and fetch more investment

LOL... Just waiting for news we can use.

It's quiet around here, suddenly

You would only know so much being on the hub so short. How fast your tune has changed. You have no right to speak. You got paid, your colleagues didn’t. That makes you a paid actor.

I’m not after money or tokens and have never asked for either. All I wanted was an apology and for him to do his job and meet his self-imposed deadlines.

Maybe your colleagues should ask him about Lalith and Karvy. That might help all your Indian friends in India with their lawsuits over there.

That’s all I’m sharing. I will go silent as well. Work is being done.

Time to put up or shut up, is what he is saying.

Enough now @LVerstee from last 6Months you're trying to pull this project down and take it to legal but nothing has been done and only we see bla bla bla.....nothing you have produce here but just talk talk and talk
What did you achieve by knowing company internals details????Nothing
Take a exit and cash out your investment and laxmi also promised you so..and dont waste your valuable time here nothing difference you are doing to this project

I don't read all the crap that you and Laxmi send each other, but I thought you said that you would post company secrets every 10 minutes on IHUB or did I not read that correctly?

People CAN read. When you write that I have no clue about the company and what's happening behind the scenes, and then in the next moment, you confirm that only one person in the company knows about those debit cards, what does that tell your audience? It proofs that I know exactly what I’m talking about. And that is what ticks you off. Keep sending those emails to everybody genuis.
You are your own worst enemy.

Laxmi, you fail to understand that I don’t want anything from you. There is literally nothing you can do to fix things. You do not have the capability nor the capacity. Earlier, I asked for an apology for continuously labeling me as a criminal, projecting, but the only way you’ll stop is when you’re behind bars.

But Laxmi? Weren't you the one who said nobody stood with me? How can this close internal person inform me of the THREE debit cards then?

And why haven't you told your precious puppy RD about this? Because no one was supposed to know. Only people with specific job title should have these cards and no one in their right mind would issue cards to at least two of these persons.

But please post my email where I demand an apology here as well for everyone to see.

Woohoo.... I'm trembling on my feet

If it’s just a fantasy, then you won’t mind if it ends for you.

Laxmi can beg me all he wants, but it will end. He knows I have him AND his family cornered.

See, now you are starting to talk nonsense again. Even MrSteven is supporting me in his latest post. Even KK. Even most of the people in India. Everyone, it seems, appreciates my efforts at least.

And as we all know by now, you are not representing anyone. Not the people in India. Not D. Murray. No-one. You are all alone in this fantasy of yours.

The games end soon. And you RD will not walk away from it without being held accountable.

You don't even know the most basic of basics in banking.

Let me spell out a very basic and common-sense rule in banking:
You cannot prepare a payment, execute a wire transfer, or cancel a payment without a bank account to process it from.

That the company only recently got its CitiBusiness account, with three people receiving debitcards last November, doesn't do away with the nonsense Laxmi tried to sell in the months prior. Yet, you continue to defend it by implying others don't understand the basics. Funny guy.

Also I know more about that account than you do smart guy.

Of course you do. You always know more than the rest of us.

You did not even read what I posted jumping on it like a dog I heat.

Maybe you should read again.

Also I know more about that account than you do smart guy.

or struggles to get a bank account opened in normal fashion

They did in fact open the bank account at Citi. And it is not just any corporate bank account. It is a premium account that allows them to trade gold globally. But you wouldn't know, would you, because you are clueless about all these things. And btw, banks are extra careful these days. As most people know.

But sure, I’m the one who lacks the basics of banking, right?

Yeah, yeah. Like I said, we have another self-proclaimed "expert" on banking matters in our midst. lol.

Really, smart man? Let me ask you this: If this company struggles to get funds released from India or struggles to get a bank account opened in normal fashion, do you honestly believe they’ll succeed in transferring money out of India or Hong Kong? Providing there are any funds there?

I can repeat the whole story about wires being ready to pay without even having a bank account, or wires being claimed as paid without having a bank account, or wires being canceled after supposedly being processed again, without having a bank account. But sure, I’m the one who lacks the basics of banking, right? Who’s clueless here? You’re funny.

Verstee, you lack the basics of investing so you shouldn't be talking. You have proven time and again that you have no knowledge and no clue about anything.

Bottom line, repatriation is a bitch.
No company ever does it. And all those "experts" telling you it is so easy to transfer the money - they are clueless.

This section clearly shows we’re dealing with an amateur. Do you even think before you write?

I don't understand the fact that there is money (to be retrieved for nearly a year)?

Do I have to explain all that again? I don't want to.
Bottom line, repatriation is a bitch.
No company ever does it. And all those "experts" telling you it is so easy to transfer the money - they are clueless. Because no company ever does it. IMO. And it is 3x harder for this company because it doesn't have a proven track record.

They are working on it. The $500k transfer. The money in Hong Kong. And the sales. We will get there.
We are all frustrated about the situation.

So, perhaps you should back off a little? And give them some space?
I understand being hamstrung by the lack of money. I don't understand the fact that there is money (to be retrieved for nearly a year)?
I understand your question/suggestion. I'm going quiet on the questions.

K