Interups Inc (CE) (ITUP) News

Hey oaisis lets join hands and bang this palaypu guy
Tell me how to connect you we will form a team and rip this palaypu off
We will teach him his real aukad my foot
His face will have gobar paste soon
Kutta insan

Yes, I have left the firm and the total amount which is pending is 1.55 lakh to be paid and I want these to be cleared soon I have stuck in a situation where I need the money if not I would like to ruin their name. If he does not have the money please let everyone know about that why he is always being king and being a savier to everyone by making a fake promises. He literally made my fool for continuous 2 to 3 months and the day arrived he said he needs that I should complete my UAN verification. If he needed that why the hell he made me to wait for 2 months. I need a clear explanation and a sorry from him otherwise I won't stop I am ready to pay my past of the salary but he have to suffer.

Let me just make some things clear Monk, from my perspective.

Anyone who plans to file a lawsuit against the company or certain individuals is probably wasting his time. First of all, if there is no money, then you are wasting resources trying to get that money. And if they do have money, then you are better off waiting to get paid. If you file, then you also risk losing your tokens and you become your own worst enemy. But let's say you are bold and file anyway. They can't pay what they don't have. You probably have to show gross negligence and intent but the whole thing will probably boil down to force majeur as they can't pay what they don't have. So you will probably lose in court as well. Just my opinion.

The more worrying scenario, to me, is what the regulators might do when people start filing complaints. Again, each to their own. But if any action is taken by the regulators then it will probably be targeted at the WHOLE company, not just Laxmi and Likhitha. So this will then affect ALL employees. Not sure if that is what you want to achieve. It has been suggested that you are no longer working for the company. But there are many who still do. And you will hurt them too. Again, just my opinion.

Just Waiting for the money don't make any sense, Laxmi is straight always fooling us , we should be together and make his life and his daughter life hell. If we are together we can do it.

Hello everyone this is Amaljith Kalassery
My email id is akalassery@gmail.com
This is for everyone I have raised complaint against Laxmi by USA government and filed all the labour laws against him. Know for more further steps if you guys can join me I request you to please help me with these because on of my friend works in Morrison & Foerster LLP these is the one of the best law firm in San Francisco. She is ready to file letter against him but they will take these things a legal way and whatever is the amount that is pending from him in total they will take 8% from that for example we are 10 and the total amount is 10lak then 8% will be divided with 10 of us. Best part is we have to pay only after the amount get released. If any one like to join you can mail me on the above mail id.

Perhaps it is better not to make fun of the company, or criticize it, or whatever the intend was with that post. I don't know and I don't care. But Laxmi has to respond and send another one of his crappy emails to the entire shareholder base. I mean, you know this, right? It is easy to predict.

Most of my friends don't even read his emails anymore due to all the garbage he is sending them. And then they come to me, asking me for updates on the latest because they have the faintest clue what is going on. God help us all. Let us just wait for the money, right?

Following is a satire followed by a perpetual observation, all submitted with hope of a MIRACULOUSLY positive outcome some day.
"Shall we feed he starving masses who've not eaten in 3 years...what say you, Caesar?"....

It's been nearly 3 years (the "Verticals period" not counting the "Leela/Air India period") of confirmations followed by predictable "unforeseens", "beyond our controls", and "we were advised(s)". All while assertions of $millions sitting in waiting in some location (HK, UK, etc.) for the same period.

In a viable business enterprise there are five attributes that generate more hurdles than pathways, despite visionary proclamations.:
1. Incompetence
2. Arrogance
3. Irresponsibility
4. Lack of experience
5. Lack of objective planning
Of course, the inverse are requisites for success.

For the duration of both the "Verticals period" and the "Leela/Air India period" there have been scores of promises, even more target dates, and zero (none) deliverables. I hope we will have the joy of seeing the first ever actual deliverable at some yet to be confirmed time.

Among the respectfully frustrated masses speaking the truth with hope for acknowledgement and growth.

K

The US dollar is now 10% cheaper against the Euro and it only took a couple of weeks.

While I have been handsomely compensated with additional tokens, it is nonetheless frustrating to watch the value of my assets evaporate. Everyone can see what is happening. Trump is destroying the US economy and everyone is selling off US assets and investing their money elsewhere in the world, causing the value of the US dollar to collapse.

It is especially frustrating because I knew this would happen and I was ready to hedge against the dollar but of course I lack the money to do so because I still haven't been paid.

I have also been waiting eagerly to short the heck out of the overvalued stock market in the US but again, a missed opportunity now. You can read all the comments these days from so-called "experts" telling people not to sell but to hold on to your stocks because eventually stocks will always go up again when given sufficient time. Holy carp, that is some really bad advice. I'm looking at the chart and it looks to me that we will go down another 20% very fast. It's just going to be a repeat of previous stock market crashes and the fake experts will always tell you to hold on. WHY anyone wants to be buyer of stocks in this environment.... simply boggles the mind. As the stock market is destined and guaranteed to crash... IMO.

So much for the stock market. And yes, we will probably see valuations in the US that are more in line of a banana republic going forward which means you are handed another 50% or so drop in the value of your stocks, for free.

That's 2 missed opportunities. While we wait for the payments. And the deteriorating US dollar should be a concern for most of us.

Seeing a control change for the first 8 verticals would be good. The company would gain a lessened "visions" persona and a more robust persona relative to foundational and achievable objectives. This would be an invaluable learning opportunity in the areas of planning, organizing, accurate and effective communications, accountability, and timely delivery (biz-ops). This direction would be very beneficial for the company's long-term prospects.

K

The banks own 20% of the verticals currently. If they acquire 50% then the verticals would become a subsidiary of the banks.

I think this could be a viable option and solve some issues.

That would be a change in control.
Perhaps let them acquire the first 8 verticals. And then we can focus on the other 42. There is so much work to do....

... If the price is right. I can see a win-win scenario here.

But they want to get to 2,000 stakeholders and become public. I think.
This is something we should discuss. That is what this forum is for.

I told Laxmi they shouldn't go public. Being a public company is all about credibility and trust. And this company is the worst of the worst. Also, with their history of lack of payments, it would take only one short attack to destroy the stock (and the company).

I don't think they fully understand. Because a lot of the damage has already been done.

Doesn't have to be a problem though if we remain a private company. Because we have the dividends. Usually companies go public because they want to raise cash. But we won't need any.

Perhaps 5 years from now. Who knows.

They won't make it on time as the bank account is not opened yet according to RD. We're looking at a few more weeks before it will be possible. Let's see if we receive some update that addresses this and give any updates on the timeline and what the plan is for the coming weeks to get things in order.

Most recent "Official" delivery statement? 👍️ or 👎️
K

April 8, 2025
Almost there -- with this progress -- I am quite certain of April 22 disbursement now --May be this will even advance to the 17th of April but let us not wild guess but keep 22nd as the trigger date. Pending activities --
(a) Account Opening
(b) Paper work with investors and Transfer of investors money ($11+ million) into our new account(s)
(c) Wire Transfer to the staff, consultants and shareholders
2. I am meeting Bansal Group after the 13th Day Memorial and we will be discussing on Train Seats Fractionalization (tokenization)
3. Surya and his Team from Ryzer are aggressively progressing on Gold and RE Agent Onboarding application....
Laxmi Prasad

Up to 7.2M tokens will be sold, I was told. For $1.00. My impression is that we will fill the whole amount after 3 or 4 rounds of selling.

They had the business registration documents last friday, which they needed for the account. The online application has taken a couple of days work. There are 2 reasons for the delays IMO. 1) they don't fully understand the process,and have not been informed properly, and 2) banks are very wary when it comes to gold and tokens. 2 weeks is a reasonable target though IMO.

It is what it is. There is nothing I can do about it. Whether the token sale will be quicker, we will have to wait and see. Should be close, assuming we can get both done.

Thanks for the update RD, always appreciated. The company / Laxmi is very quiet these days.

I wonder how many buyers / how much volume is lined up for these sales? Is it still the 7.2M you've mentioned before?
SIRI is the token I don't really want to sell, but I will let go of some, just to have a decent buffer in my account. Haven't had that for the past 2-3 years due to constant investing into ITUP / IREEM / verticals / physical gold (I wonder what happened with that one though) / rice / ... Need to take some money of the table. Things would be different if the cash grants were already rolling.

Do you know why they haven't applied for the account yet? The company registration was finalized a week ago?
I hope 1-2 weeks isn't too optimistic. We need to get some wind in the sails (and sales lol).

1) 108,000 trial token sale

We are waiting for confirmation of the wire transfer from the buyer.
He said he would transfer the money on the 17th or the 21st.

Then... Laxmi will send an invite to all of us.
You can sell SIRI tokens in 4-6 rounds every 2 to 3 weeks for the next 90 days.
Maximum of 108,000 per person per round.
Don't sell unless you need the money. IMO.
Because 90 days from now the value could be much higher. And the market will open up.
People from the US can also sell if.... you are holding the tokens for more than 12 months.

2) HSBC account in Hong Kong

More delays.
Likhitha will file the online application on friday.
Then she has to travel to HK, some time next week.
Then transfer the $11M into the acccount and pay compensation and cash grant
The whole thing will probably take at least 1-2 weeks to complete.

I don't know which is quicker, token sale or cash grant.

Any updates or confirmations? 🤔

K

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.