Interups Inc (CE) (ITUP) Share Price

No, you're right of course. I'm just more bullish at the moment since the registration is completed.
The timeline should be in the hands of the company now, right?

Alright, great! The first money straight into the account then, that's plenty for starters.

I was wondering what happened to that after you mentioned it last week.
I don't really want to sell any SIRI tokens, but I am considering letting go of a smaller percentage. It would be nice to have some money in the bank.
I assume the potential sellers are few due to the lock-in period for US as you mentioned before. 7.2 million tokens is quite a big chunk.

Have they ever hit a target on time? Not once, IMO.
They are in the process of opening the bank account.
The first tranche of $11M+ doesn't need escrow IMO.

Laxmi says he will send out an invitation for token sales later today, so keep an eye out.
I was expecting it last weekend.

April 22nd is coming up fast, only one more week to go! 💰️

What's on the TODO until then?
🏦 Open bank account
💱 Get the money in there! From escrow or is it to be put into escrow once in the account?
💵 Pay salaries/grants/...
🚀 Get the show on the road!

👍👎😡... What?  😂
Perhaps there will be an official update/confirmation from the company today.
K

Actually I shouldn't be supporting the company like this. For someone who always seeks maximum efficiency, like me, the delays that we have encountered with these projects due to lack of funding are simply devastating.

And I feel bad for our partners in Nigeria.

I can also tell you this. If Likhitha doesn't deliver something tangible (as CEO), very soon, then it will cause a serious rift between me and the company. And she knows it.

Yes, but we are going to change that. We will offer fractional real world assets to the world. Safe, and with a decent yield YOY.

I have been reading stories lately of people who are close to retirement and they are afraid because they don't know what to do with the stocks they are holding. Should they hold or should they sell? Well, we offer a far better alternative in the current environment.

Every time I've invested in anything that has had operations any place in Africa- EVERY TIME over 30 years of investing- there has ended up being fraud.

So I'm done w/ Africa.
Good luck to you.

It's the US that is looking smaller and smaller... IMO.

Africa

Wow- What a sh*t show this company is!

I request you to please join with me my mail id is akalassery@gmail.com you can connect with me and you can join me I have already taken a step against him. Please let me know

I have been waiting for my amount from last 2 months. Even till yesterday Laxmi Prasad said that he will be doing the transfer and the next day changes his words. I mailed him with what I am going through. If something happens to be the only person who hold the comple blame is Mr Laxmi Prasad palyapu

My name is Amaljith Kalassery, and I am writing this mail with a heavy heart and mental breakdown, hoping this reaches someone who can bring justice and accountability for the emotional trauma and financial exploitation I have suffered.

For the past two months, I have not received my salary amounting to Rs. 1.5 lakh from Mr. Laxmi Prasad Palyapu and Ms. Likhita Palyapu, despite repeated follow-ups and endless false promises. They have consistently lied to me about payment timelines and even confirmed payment hours before backing out without explanation.

This has placed my entire family in a critical situation. My father recently lost his job, and we were entirely dependent on my income for survival. My emotional burden has only grown, especially as I see my family — who has supported me for the past 25 years — suffering due to this betrayal.

But that’s not all.

Laxmi Prasad had previously scammed a company called Datamatics, where I was working in a customer support role through a third-party contract. After refusing to pay Datamatics, he stepped in as a “savior,” claiming he would hire and pay all of us directly — which was another fraudulent scheme.

His daughter, Likhita Palyapu, joined several online meetings to reinforce these false promises, assuring us that payment was on the way. To this day, not a single rupee has been credited. Their actions constitute fraud, mental harassment, and corporate misconduct.

I’ve attached all related documents and images of the people involved, including the management team. My friend Tejal Kare will be visiting the Political Reform Division, Secretary of State, Sacramento, California, to submit a formal complaint in person at:

1500 11th Street, Room 495, Sacramento, CA 95814

This message is not just for attention — it is a desperate cry for justice. I urge the Indian and US governments, labor departments, media houses, and human rights bodies to take immediate action against:

Laxmi Prasad Palyapu

Likhita Palyapu


Please ensure such exploitation stops here, and no other worker is put through what I’ve experienced.

Sincerely,
Amaljith Kalassery

No payments have been made to the Ryzer account or to Indian team members

You don't know what you are talking about, because I have the evidence in front of me.
A total of Rs 8.5 Lakhs ($10,000) was wired.
Yesterday to Ryzer (Gedela), and today to several other employees, as far as I can see.

Initially, it was clearly communicated via email that Mr. Laxmi Prasad would be in mourning until the 8th of April. However, it has now come to light that the mourning period has been extended. I am sorry this sounds funny but not sure how does Hindu mythology works.

The HK registration process has been pending for an unusually long time. Given that Laxmi Prasad is currently in India, it is unclear how the registration is proceeding. Has an authorized signatory been appointed on his behalf to carry out the required documentation and formally activate the account? Additionally, if this process is indeed completed, how was it possible to initiate and authorize the movement of the initial $11.8M?

No payments have been made to the Ryzer account or to Indian team members. Laxmi Prasad have received emails from multiple staff expressing distress regarding their financial situation—some of them are struggling to meet basic needs and are suffering severe mental stress due to delayed salaries. These are individuals who have been working diligently with the expectation that their efforts would be fairly compensated.

It is understood that Ryzer is involved in multiple projects and is contributing significantly to various deliverables. However, it is critical to acknowledge that no one can operate indefinitely without financial support. If this situation continues and payments are further delayed, it is entirely possible that Ryzer’s CEO, Mr. Surya Gedela, may be compelled to halt operations until outstanding payments are resolved. Should that happen, we need to seriously consider the cascading impact on ongoing projects and organizational reputation.

Laxmi is supposed to be mourning, until tomorrow. I think. That is probably why you are not seeing any updates.

I can give an update. There is a lot I do know. But also some things I don't know.

1) Business registration in HK is completed. They will open the bank account on monday. Then, transfer that $11.x million into the account. Then make payments, by April 22nd. So we are getting there, slowly.

2) Verticals are still progressing well IMO. We will do train seats. We are also exploring Kenya in addition to Nigeria. We can do tea, coffee and probably RAS (aquaculture) as well in Kenya. I did a bit of work on this myself.

3) As for payments, some payments have been made to Ryzer and perhaps other Indian employees as well yesterday. But I'm not aware of the latest.

4) We are selling 7.2M SIRI tokens to a big investor for $1. Not everyone can sell. People from the US have a 12-month mandatory holding period. Purpose is to pin down the value for My Gold Grams Inc, and also help the shareholders with some cashflow. A trial sale is already under way. The company will start making a list this weekend, so keep an eye out for emails, if you are eligible to sell.

5) Ryzer is working on many things, I'm sure.

No update on HK bank account opening
No update on 5,00,000$
No update on 11.8M$
No update on secondary account based out of UAE
No update on the existing amount he has
No update on verticals
No update on sales
No update on availability of physical gold
No update on payment done against the claimed gold received
Emile it's true everyone including you are suffering and this suffering is real. This needs to end soon either with a actual transparency of documentation and beginning of work "for real" or this will end soon as a massive destruction

Well, they don't listen to me. I'm just wondering at which point we start losing partners, clients and revenues.

It is deeply disheartening to witness the continued pattern of unfulfilled promises and lack of accountability, which has left numerous employees and stakeholders in financial and emotional distress. Over the past several weeks, your repeated assurances to Indian staff regarding partial salary payments—specifically, the commitment to pay over 50%-90% of outstanding dues before relocating them to Hyderabad between April 2nd and 4th—have not been honored. Despite further promises to process payments on April 8th and then April 9th, no salaries have been received.

Most concerning is the fact that even after you receiving reported funds of ?7,00,000-20,00,000 employees were only offered partial compensation covering 15 days just offered but not paid single rupees yet, despite long-standing commitments to pay for an entire month. These broken promises have placed individuals in extreme hardship—many are struggling to afford food, housing, medicine, and even basic funeral rites for lost loved ones. No concrete answer on relocation, accomodations, clearing of total outstanding. Nothing just nothing.

Rather than receiving clear communication or resolution, employees are left in a cycle of uncertainty. They are neither paid nor officially released from their duties, making it difficult to seek other opportunities. Some who have resigned still await their full and final settlements. Fear of termination is used as a deterrent against speaking up, further eroding trust.

It is essential to acknowledge the real human cost of these actions. A sustainable and trustworthy organization cannot be built on repeated delays, false assurances, and suppression of concerns. Transparent communication and immediate action to address these grievances are not just expected—they are imperative.

?? I had an ancillary question. It was answered via direct message.
K

Huh?

I received a DM with the information I needed.
K

Which part is unclear?
It's 0.33 cents on April 22nd and another 0.87 cents on May 12th.
On 820M SIRI eligible

The payout rate which will be applied to the current number of tokens held should be clarified.
K

Per the latest update we'll be getting the first cash grant in about 3 weeks then. Slightly different from what expected, 1 cent per share pre-split, or ~0.33 cent per share on the current outstanding tokens, and ~0.67 cent per token in May.

The obstacles we might run into until then are hopefully extremely minimal, fingers crossed it's all smooth sailing from here.

We will definitely make them suffer...

Bunch of millionaire's and billionaires........normal day to day stuff. Have you reached out to the Heineken family to let them know they will be moving down the list of the richest people in the world?

You guys are barking up the wrong tree. Let it go.

I have noticed that there are a couple employees in India who own a substantial number of tokens. They could be millionaires in less than 6 months. And there are a whole bunch of people in India who still own a respectable number of tokens. They are on track of becoming millionaires within 3 years.

I told you to be smart, and patient. I don't know if they will make the April 2nd payment. Probably not. But I know they are giving preference to paying people in India first, or quicker. I don't necessarily agree with that but the company must have their reasons.

I had a lengthy debate with Laxmi a couple of days ago, about taking on a loan. But it doesn't seem possible. We are close to the end anyway. We all need to take care of our own finances for the next couple of weeks until funds are available.

I told you to be smart. I'm not here to defend Laxmi or the company in any way. I'm here to share with you and show you the value of your investment.

Deepest condolences for your loss, Laxmi. However, buddy, don't use this as an excuse to delay the salary payment on April 2nd as promised. I know you're going to change the date for sure. You're just a fraud—why does everyone still expect something from you? I don’t understand. Fraudulent Laxmi, guys, be ready for new excuses! He has already thought of one. Bloody Laxmi, fraud, scammer.

Deepest condolences Laxmi Prasad Palaypu, so finally you accomplished the mission you were on. So your mom passed away yesterday right? My future predictions are just working fine. Now I am eagerly waiting for another date where you have promised to process the salary by hook or crook between 2nd and 4th April. I have dared you to pay people on time.................,,..,,......Laxxmmiiii? Laxxmmiii? Fraud Laxxxxxmmmiiiiiiii, scammer laxmiiiiiiiiiiiiiiiiiiiiiii

Wasssupppp Laxmi Narayan, hope your mom is doing well. You were supposed to share office space in Hyderabad? What happen you were unable to finalize location or CRBE just terminated all fake contracts you were trying to make with them? No space and you are asking all staff to move to Hyderabad? Initially plan was for Mumbai office then you you cancelled because you didn't had money to rent such a big office space then you asked people to vote who wish to move to Hyderabad now you are forcing people and making it mandatory to move to Hyderabad because you know people are trapped badly in your trap but still it is not possible for everyone to move because everyone have family and it's not possible for everyone and you are taking advantage of the situation. Where is the plan of relocation? Why it is not yet out? You are asking people to go through shitty sheet you have shared and asking them to tell about the quantity they can sale ? What kind of business are you into? Is this a scam or what? Where you are asking people to sell gold ? First get the certification and documentation done then talk or else it will not take even one single day to shut your scam from India. Do not focus on my language focus on my intentions. I bet you to clear salary of everyone on given dates without fail. Do you have the guts to clear or pay them ? Oh buoy you are a disaster mahn. What about your money which you were supposed to receive? 11.8 M?? No money honey? Still busy faking and giving excuses about your mom? Same reason every time? Everywhere? Is she still alive? You are going to declare her dead around 1st? 2nd ? 3rd? 4th april? Then delay the salary by these excuses? Such a shame bundle Laxmi. Are you even born to human or to some awuavented witch ?
Breaking news Breaking news Breaking news Laxmi will get us breaking news soon. Stay alert stay vigilant buddies
Irrespective of money you will receive guys but you this moron will definitely share some news in next 4 days

Date is about to arrive, initially he said one of his close friends passed away and showed being emotional later on another friend passed away again he showed being emotional now he is making everyone believe his mom is hospitalized she slept and felt and bed ridden now he is hiding and using emotions as a weapon to avoid further questions or claims he has made so far, very soon as the date 2nd April approach he will come up with news his mom passed away and he will give biggest excuse of his life for not being available for next 15 days 1 month or so. He will go on mute hiding behind curtains of emotion and he will say I couldn't send Likhitha and kautilya to Hong Kong as their granny passed away and at this time he needs sympathy and as they are emotionally connected they need to be here in India at such difficult time with their father and this is how Hong Kong money and bank plan will be delayed. Neither will he send funds to investors or staff. I have exposed your upcoming plan Laxmi Prasad Palaypu better you come up with a brand new excuse for not making the payment as you have always been coming up with excuses like always.

This is not the proper place to conduct business.
Also, it seems to me that the right hand doesn't know what the left hand is doing, in India.

I totally agree with this trupti.

The following documents and resources are required to conduct sales operations legally and efficiently in India:
1. Business Registration License

2. GST Registration

3. Bureau of Indian Standards Certification

4. Trade License from the Municipal Authority

5. E-commerce License

6. Bank Account Details

7. Payment Gateway Registration

8. Anti-Money Laundering Compliance Certificate

9. Consumer Protection Act Compliance

10. Digital Signature

In addition to these documents, I require clarification on the software tools needed to manage the sales process effectively. Specifically:

1. Do we have a dialer registered for sales operations?

2. Is there a software system to manage inventory?

3. Do we have a CRM to store customer data, track sales, and maintain communication history?

4. Do we have accounting software in place?

5. Are there SSL certificates and PCI tools to ensure secure transactions?

6. Do we have marketing and shipping affiliations in place?

7. What legal and regulatory software do we currently use?

8. Do we have backup and data recovery stations set up?

If the company is truly aiming for an entrepreneurial model, as we have discussed, then we must ensure that all of the above requirements are met without delay. As part of my commitment to the company, I ask that you provide the necessary support and resources outlined above. Failure to provide even a single one of these items could put the organization at risk of legal consequences, and I will not hesitate to demonstrate my abilities to drive success — as long as I am given the proper tools and support to do so.

I would like to express my heartfelt appreciation for the insightful and strategic guidance shared by Mrs. Trupti. The points she highlighted are truly remarkable, and we greatly value her perspective.

It is crucial to understand that in India, any individual, including Mr. Laxmi Prasad Palaypu, who intends to start a business, must adhere to the legal requirements and obtain the necessary licenses, documents, and certifications as mandated by the authorities. Without fulfilling these prerequisites, Mr. Palaypu will not be able to lawfully establish or operate a business in the country.

Should Mr. Palaypu attempt to engage in any fraudulent activities or deceive the people of India, we want to make it absolutely clear that we will not hesitate to take strong legal action. Regardless of any political connections he may have, or his intention to establish a business in any part of the country—be it Hyderabad, Mumbai, Delhi, Gurgaon, Chennai, or any other state—the law remains uniform for everyone. There will be no exceptions.

We are committed to ensuring that the rights and interests of the citizens of India are protected, and we will act swiftly to address any illegal or unethical practices. Rest assured, if any attempts to breach the law are made, we will take all necessary steps.

Laxmi Prasad, I challenge you. You always try to show yourself as an honest person, so just come here and say that I am lying about everything. You spoke about releasing the offer letter—did you ever actually release it? You promised to provide a laptop—did you ever give it? Forget all that; what’s the point of expecting anything from you? Have you even paid your employees in the last three months? You just keep changing the dates and making excuses instead of making payments. What else have you done? Nothing.

What expectations can one even have from someone like you, who only knows how to lie? You have even involved your own daughter in this scam—I have emails from her as well.
I already know that you’re not going to pay any salary, so I have no expectations from you. You are the kind of CEO who humiliates, insults, and abuses employees, and when they speak up, you terminate them. I actually feel pity for those who are still associated with you despite everything that has happened. They are doing nothing but ruining their lives by trusting a fraud like you. All the best to those investors who trust this fraudster.

Laxmi Prashad is just trying to take investments by using a few of his employees, nothing more. Do not trust his company at all. If any investors need proof, please message me—I am ready to provide every piece of evidence. Laxmi has played with many people's lives. I urge everyone to unite and expose this fraud. His daughter, Likhita, has also supported him in this scam by issuing tokens in our names to make investors believe that there are many investments. They even made her the CEO so that they could escape the consequences.

Do not trust him, or you will lose everything in your life. In the end, you will be left as nothing but a hopeless person.

I joined Laxmi Prashad’s company on March 15, 2024, and I am still stuck here because I had no other option. Trusting them completely ruined my life. My career has been destroyed to the point that even after searching for jobs, I can’t find one—thanks to the one-year gap they forced on me.

Laxmi Prashad made big promises to all of us
employees, but never fulfilled a single one. He never stayed true to their commitments. I had to literally beg to get my four months salary and I was with him for almost one year , He just provided me 4 months salary . While many others have been completely ruined because of him. Today, because of this man, I have become homeless. I urge everyone to break all ties with him. He is nothing but a massive fraud. I have all the proof, and if anyone needs it, just message me. Do not trust his company. Do not invest in it.

Laxmi Sir, you have destroyed my life, and I will not let you get away with it.

I think you did in fact misinterpret my language. However, it's ok if you lose respect for me. If I haven't earned it then I don't deserve it.

My language was clear, honest (including my not understanding), and devoid of any vitriol. My reference to "downhill" is a POSITIVE symbolism for smooth and unincumbered progress (opposite of uphill battles). And of course the crossed fingers for closing POSITIVE.

Good luck!
K

With no arrival on Sunday, there is still no receipt of incorporation papers? I wish I had an inside view to the actualities of this totally uncommon process and experience. It's bewildering.

A year or so ago I suggested the addition of a well seasoned Operations Officer. It seemed, and seems to be a role that we could benefit from.

Is Likhitha still the CEO?

Still waiting for the keystones to drop. The company is due for some downhill running.🤞
K

Tomorrow, "May be"?🤞K

Just SIRI, for now.

The initial cash grants will be paid on SIRI? I think that was the latest I heard, but my memory is not good. Or is it an average over SIRI / AERO / ... ?

Only SIRI has been updated. The rest will follow shortly.

SIRI, AERO and Rice are the three big verticals.
Together they will probably account for 50%+ of total revenue, in the long run.
And we will have another 40 or so smaller verticals.

Rice is big because it includes RISO but also the whole of Cow Agri Corp (Previously Masala Agri Corp) which is everything we are doing in Nigeria (RAS aquaculture, oil palm, coconut, rice, sugarcane, cocoa).

So those are the 3 big ones. Roughly equal in size would be my guess. It is important to get a good picture of this in case you want to sell some tokens.

Dividends will be paid by SIRI, AERO and perhaps one of the two whiskeys (SURA or BOOZ). Not sure. And a couple more later.

SIRI (or gold) is the base
AERO could be absolutely huge and disruptive
Rice (or Africa) will be our legacy

That's how I see it. Perhaps we will add some more big ones later. Perhaps automotive. Perhaps oil or hydrogen. iBank could also be big according to Laxmi.

were all of your verticals updated or just SIRI?
As I understand it, the other verticals will be adjusted later. For now I've only checked SIRI.
It's the one I care most about tbh. I really like the gold business model.

Thanks, that sorts out that last question mark!
I've gotten confirmation that my tokens will be adjusted, it was as I suspected.
The team has a lot on their plates, no wonder some details have to be corrected.
Getting it sorted out before things are set in motion is the important thing.

Material, were all of your verticals updated or just SIRI?
K

Yes. Or you can divide by 0.3 which is the same as multiplying by 3.3333333.....

We went from 300M to 1,000M which is why you should divide by 0.3. Or you can multiply your number by 1,000 and divide by 300. All the same.

We are at 1,080M because they issued some new tokens. For instance 36M went to Ryzer.
We are not getting compensated for that, obviously. That's why you should use the 1,000M to calculate your holding.

Alright, received confirmation!

Token count before 100M, plus if you participated in the "one final support" for non-founders is increased 50% for the 100M -> 300M.
From the 300M -> 1080M, 3.3333x that amount.

So in the end 1.5 * 3.3333... => 5x whatever you had at 100M as I understand it (for non-founders).

I did already, and put a message for understanding what numbers should be in the account. It's already been discussed here, but the numbers don't really add up, even without the "missing tokens", if I just apply the expected multipliers on the original token count.

We had the 100M -> 300M, the poison pill, which gave non-founders like myself a 50% increase on my tokens (on a 200% increase of total tokens).
Then we have the 300M -> 1080M, which I assume should give a 1080/300 ratio increase on your tokens, i.e. a 3.6x on the tokens held at 300M?
If I do this calculation (without the "one final support"-tokens) is still falls short, so I assume a different multiplier must have been used? To me it looks like 3.3509... was used.
And even then, I'm still missing a huge chunk aka the "one final support"-tokens.

I'll post the outcome here, so people know how to calculate what should be in their accounts, when I get an answer.