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SUTIMCo International, Inc. (SUTI)

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Last Post: 9/25/2016 8:22:03 AM - Followers: 634 - Board type: Free - Posts Today: 1

STOP!   FACEBOOK WEBSITES TAKEN DOWN!!!!  
Company not communicating with shareholders!





The company has not made any information
or material publicly available via OTC


 

Edwad promises but
never delivers!


EDWARD "Fast Eddie" VAKSER - Consultant/Director


https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=069167253069047076105039056075216227040057012139

pssst--DD on Vakser will save you $$$$$$$$$$$$







EX-CEO Luther Jeffries Facebook picture. Currently self employed
after his arrest and year long imprisonment on a 9 year old felony theft warrant.






Michael Ronchetti, Banker friend Bank'34


ANOTHER CEO QUITS-- ALLEGES FRAUD-



Jorge Saenz,

 

"Mr. Vakser:
I am sending you this letter after many attempts to contact you over a prolonged period of time. I have been tirelessly trying to contact you to discuss several pressing matters regarding SUTIMCo International Inc. Back in June you appointed me as the chief executive officer of the company. At that time, I was under the impression that you and I had a clear understanding as to the outline for moving this company into a positive direction. At inception you agreed to compensate me via a share plan for my duties as ceo. You never honored that agreement. After several discussions, I realized that this was going to be a challenge for you to follow through. Instead of pursuing compensation, I agreed publicly in a press release that I would forgo compensation until you, me, your attorney and chief financial officer could repair this haphazardly run company. At that point I felt it was in the best interest of the shareholders for me to focus on repairing the company and moving it in a positive direction rather than my seeking the compensation that you and I initially agreed upon.

My biggest priority is responding to shareholders with updates. You and your inept former ceo, Luther Jeffries, started this ProTek Capital dividend process before my time. I made it a high priority to follow through on your word. Instead of allowing me to tackle this difficult task, you insisted on excluding me and submitting the documentation to FINRA on your own. My major issue is that you refuse to communicate with me so that I am kept abreast of the situation. Shareholders were promised this dividend about a year ago. You assured me that this would be attained. I understand that certain delay matters are out of your control. However, that does not excuse your lack of communication with me. In addition, your extreme confidence in executing this dividend is the sole reason why I thought it would be beneficial to offer a similar type dividend reward to our SUTIMCo shareholders. Well neither dividend was executed and absence leaves me responsible to explain an unfulfilled promise.

The SUTIMCo name change is another issue. You insisted on taking full control of that as well. That would have been fine if you got the job done. You blame your former ceo, Jeffries, for executing a name change on the Wyoming Secretary of State, yet you do not follow up with finalizing it with FINRA. Regardless, FINRA is obviously not going to effectuate a name change for SUTIMCo International with an abandoned name change process for ProTek Capital and a lingering dividend application. For whatever reason, you appear to have lost complete sight of the priority.
Third, you supposedly finalized your agreement for DMND Inc. The concept appeared to be a wonderful insertion into the company. The deal made and the plan for the minimal restricted shares attributed seemed quite beneficial to the company. To date, I have yet to see us move forward with utilizing this venture that cost the company 150 million shares. This was a deal that you supposedly brokered. I signed my name of the press release but I am given no indication on how you intend to move forward with utilizing this acquisition.

Fourth, the tentative plan that you, Mr. Tassan and myself had with respect to the accumulated company deficit went unfulfilled. The SUTIMCo books are a disaster. My understanding was that there was a plan in place for us to reduce the overall liability to the company. I informed shareholders that the SUTIMCo 2nd Quarter would show a reduction in overall liabilities. That did not occur. Actually nothing occurred. Also, we started the process for the retirement of shares. Whether we were doing that via a company buyback or noteholder cancellation, it was never finalized. Consequently your noteholders appear to have done a major conversion in mid September which may very well be the result of the stated internal investigation of your noteholders by the new directors of 3D Entertainment. As of last week SUTIMCo was on the verge of 3 billion outstanding shares and I, the supposed chief executive officer, am left in the dark without knowledge or explanation. ProTek Capital is a complete issue in itself. You, nor any of the remaining company officers, have made yourselves available to discuss with me the severe damage done to the share structure, the outrageous accumulated company deficit and what potential plans exist to move in a positive direction.

Last and most imperative is the Quarter 2 filings for SUTIMCo International. You continue to supply the filings for the company by your choice. You insist on having sole access to OTC Markets and these filings. I was appalled to see that you made the decision to upload these filings with my name on the electronic signature. I did not approve, nor even review, these quarterly financials. You could imagine the awe that I was in to see that you had the audacity to sign my name next to a company report that I never even saw. I am hopeful that you do realize that there is an electronic paper trail that proves that you made no attempt to send this filing to me. Last, this brings us to the recent ProTek Capital filings made on September 18, 2015. I truly believed that we were going to get this set of quarterlies correct. However, after you sent this quarterly draft to me, I questioned you about accrued salaries noted in the amount of $270,000. You did not respond. You simply chose to execute this quarterly filing and sign your name as director. With that said, I immediately resign from both SUTIMCo International (as ceo) and ProTek Capital (as ceo). I am demanding that you remove my name from OTC Markets and press release this material event within three (3) calendar days of this letter.

Sincerely,
Jorge Luis Saenz"   


NEW CEO as of 06/04/15, Jorge Luis Saenz- RESIGNED 10/2015

TWITTER FEED FOR CEO JORGE SAENZ
https://twitter.com/quetzadragon
https://twitter.com/cannantcity

June 4th, 2015: "The first and most critical project that I will tackle would be to file and complete the dividend from our sister company SUTI,-- Jorge Saenz "

11/05/15, Still no dividend in
PRPM shareholder accounts!

FINRA and SEC have received official complaints regarding the promised dividend!

September 15 at 9:38am Facebook Vaping Dragon Industries LLC -- If you need answers please email your questions to the following... he insisted NO RS when I came aboard. He has yet to discuss plans for PRPM. I came on board with Suti. ..prpm was placed on my lap because the previous CEO was captured and put in jail. ....... ev24903@gmail.com 


 

NOTE: The CEO/ Fund Manager of "BV Remenstein" (aka Baron Von Remenstein) is--- EDWARD "EDDIE" VAKSER.
http://www.linkedin.com/pub/eddie-vakser/33/153/501 This fact was not disclosed to investors in the above PR. 

Vakser claims to have been "CEO/ Fund Manager" of Baron Von Remenstein since its' formation in November 2014. This information was first revealed on Feb 4, 2015 (post # 40165) as well as subsequent posts in March-April (#46621 and #50923).  As  "CEO/ Fund Manager" of Baron Von Remenstein, Vakser is obviously among the unnamed individuals holding a "substantial position" in SUTI as announced on 6/19/15. 


AUTHORIZED SHARES INCREASED FROM 2 BILLION TO 3.5 BILLION
(AS OF 5/7/2015)
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=069167253069047076105039056075216227040057012139

Dallas, TX -- May 6th, 2015 -- InvestorsHub NewsWire -- ProTek Capital Inc., (OTCPK: PRPM), is pleased to announce that PRPM has entered a Memo of Understanding for the acquisition of IncBuzz,  Click to read:  http://ih.advfn.com/p.php?pid=nmona&article=66730485
ONCE AGAIN, EDDIE VAKSER IS RECYCLING AN OLD PR FROM ANOTHER OF HIS COMPANIES (OTCPK: TDEY). THE RECIPIENT THIS TIME IS SUTIMCO'S "SISTER COMPANY" PROTEK CAPITAL (OTC: PRPM ) --WHICH WAS DTCC LOCKED FOR NEARLY A YEAR). ON NOVEMBER 10, 2014 VAKSER ANNOUNCED THE "BIG NEWS" ABOUT "INCBUZZ" AS A REASON TO BUY HIS TDEY. CHECK OUT HOW WELL IT WORKED FOR THEM... PPS .0001 AND NO BID! 


http://www.jailbase.com/en/arrested/tx-dc/2014-03-17/edward-vakser-14016154

Mr. Edward Vakser, known around the penny shell stocks as " the reverse split shuffler", "Bust out Eddie", "NO BID VAKSHAM", every company he has in his grips shareholders go broke! 
 
SUTI, PRPM, PBHG, TDEY, AURI, TSRR (GREY MARKET) AND ARTS (SEC REVOKED)

 

"Owner" Edward Vakser was indicted by the Dallas County grand jury for "felony theft" on 2/12/2014.  Accordingly, he was required to disclose that he was facing a felony charge in Dallas in Shareholder Disclosures. Despite claims he had "resigned" from any managerial position earlier in the year, it is believed by many that he remains fully in charge. He has recently officially returned to manager/ director/ control person status by declaring himself a "consultant" on OTC.  He and his family (which includes the CFO) are accused by some investors of dumping tens of millions of shares.  

UPDATE:  ON MAY 4, 2015 VAKSER ANNOUNCED THAT "ALL CHARGES AGAINST HIM HAVE BEEN DROPPED" ...THAT THE CASE WAS "DISMISSED" AND PROCLAIMED HIS COMPLETE "INNOCENCE" IN MULTIPLE PUBLIC POSTS.  

CONFIRMED (May 5, 2015)-- THE CASE AGAINST VAKSER WAS "DISMISSED" ONLY BECAUSE... 

HE ACCEPTED A "REDUCED CHARGE" AND PAID "FULL RESTITUTION OF $27,500" TO THE PLAINTIFF.



To view all official court documents click here:  http://courtecom.dallascounty.org/pav/ 
Enter case# -->>
F1400082<<-- and click “search.” 



Shareholders of record—119 a/o Apr 15, 2015

NOTE: THE COMPANY HAD A  "PAR SHARE COUNT" of 5,500,000,000.00 with a PAR VALUE of .001** CAPITAL AMOUNT= $5,500,000.00 until 2/3/15

 
Transfer Agent
 
Jason M. Bogutski- President 
SIGNATURE STOCK TRANSFER, INC. 
2632 Coachlight Court Plano, Texas 75093  
Telephone 972.612.4120 Facsimile 972.612.4122 
Email signaturestocktransfer@msn.com  

 
ALL OFFICIAL COMPANY FILINGS
http://www.otcmarkets.com/stock/SUTI/filings

PRINCIPAL MAILING ADDRESS
SUTIMCO, Inc.
c/o CAPITAL ADMINISTRATIONS LLC (a mail slot w/ SUTU's Registered Agent)
1712 Pioneer Ave. Box 5849A Cheyenne, WY 82001

NOTE: NO PHYSICAL ADDRESS FOR OF OFFICES OR FACILITIES HAS BEEN DISCLOSED BY MANAGEMENT

NOTES: In January 2015, the issuer (SUTI) claims it acquired Luxuriant Holdings from ProTek Capital, Inc. (OTCPK:PRPM) --which had been DTCC globally locked since the spring of 2014. SUTI later promised to offer to issue a 10-for-1 future dividend to ProTek Capital shareholders (i.e. 1 share of SUTI stock for every 10 shares of ProTek Capital stock owned) sometime in April 2015. This arrangement also includes billions of shares held by management and “beneficial shareholders (i.e. the Vakser family) which likely accounted for the record volume experienced by both companies when the DTCC lockwas lifted. PRPM has 12 billion shares authorized.

HISTORY OF MANAGEMENT

 

LUTHER JEFFRIES WAS HIRED BY EDWARD “EDDIE” VAKSER TO SERVE AS CEO OF PROTEK CAPITAL [PRPM] ON DECEMBER 19, 2013. IN THE SPRING OF 2014, PRPM WAS SLAPPED WITH A DTCC “GLOBAL LOCK.” VAKSER THEN ACQUIRED SUTIMCO INC [SUTI] IN JULY 2014 “FOR PRPM SHAREHOLDERS” NAMING HIMSELF AS CHAIRMAN, CEO, PRESIDENT & DIRECTOR. HE PROCEEDED TO STEP DOWN AS CEO AND INSTALL JEFFRIES IN AUGUST 2014. 


These photos of "CEO" Luther Jeffries were publically posted by him on Facebook and elsewhere online
https://www.linkedin.com/pub/luther-jeffries/8a/282/340

NO “VERIFIABLE” INFORMATION ABOUT JEFFRIES OR HIS PAST WAS EVER DIVULGED BY EITHER HIMSELF OR MANAGEMENT. EVERYTHING WAS HEARSAY. A GROUP OF INVESTORS UNCOVERED EVIDENCE THAT JEFFRIES WAS A WANTED FUGITIVE WHO HAD SUCCESSFULLY EVADED A 9 YEAR OLD WARRANT FOR GRAND LARCENY. HE WAS ACCUSED OF STEALING $20K FROM THE “FAMILY DOLLAR STORE” HE MANAGED IN WASHINGTON COUNTY, NY. (A FACT OMITTED FROM HIS EMPLOYMENT HISTORY). ONCE CONFRONTED JEFFRIES REPEATEDLY AND PUBLICLY DENIED THESE ALLEGATIONS AND THREATENED LEGAL ACTION AGAINST THE MEMBERS WHO MADE THEM. NEVERTHELESS, SOME MEMBERS NOTIFIED LAW ENFORCEMENT WITH SPECIFIC INFORMATION AND DETAILS WHICH CONFIRMED TO POLICE HE WAS THE MAN THEY WERE SEEKING. 

The following image was posted on 3-25-2013 on Facebook using the alias "Luke Jeffreis" --intentionally misspelled by him to avoid capture. This photo was instrumental in assisting police in identifying him as the man they were looking for. 

 


https://www.linkedin.com/pub/luther-jeffries/8a/282/340

ON 3/31/15 LUTHER JEFFRIES ANNOUNCED HIS PLANS TO RESIGN AS CEO OF SUTI AS OF 04/02/2015. INSTEAD HE WAS ARRESTED THAT VERY DAY.  SEE NEWS REPORTS BELOW:
 

Luther R. Jeffries

09/23/2015 Luther Jeffries - Defendant was sentenced to 1 to 3 years on a GUILTY plea to Grand Larceny in the 3rd Degree, a Class D Felony. He is currently incarcerated at the Ulster Correctional Facility in New York. Inmate loookup-- http://nysdoccslookup.doccs.ny.gov/GCA00P00/WIQ3/WINQ130
 
NEWS REPORT: September 27, 2015 6:14 am

FORT EDWARD -- The former manager of a local dollar store has been sentenced to up to 3 years in state prison for stealing nearly $20,000 from the store.

Luther R. Jeffries, of White Birch Estates, pleaded guilty to third-degree grand larceny, a felony, for the 2006 theft from Family Dollar in 2006.

Police said he stole four nights worth of night deposits, then stopped showing up for work. Store officials determined $19,790 had been stolen, and contacted police.

The Washington County Sheriff's Office got an arrest warrant for Jeffries, but was unable to locate him until receiving calls from people who believed he was involved in a stock scam and saw that there was an arrest warrant listed for him on the Sheriff's Office website.

No charges were filed in the stock case, in which he was soliciting investment in a venture to provide assistance to growers of medical marijuana.

Washington County Judge Kelly McKeighan imposed a 1- to 3-year prison term. Jeffries will be required to make restitution as well.
http://poststar.com/news/blotter/former-store-manager-headed-to-prison-for-theft/article_8f5de770-6500-11e5-9088-7b1bcdc57649.html

# # #
NEWS REPORT:
FORT EDWARD - "The former manager of the Family Dollar store in Fort Edward was arrested Thursday for allegedly stealing nearly $20,000 worth of deposits and fleeing the state. Luther R. Jeffries of White Birch Estates in Moreau allegedly stole four days’ worth of deposits totaling $19,790 while he managed the store in 2006, according to a news release from the Washington County Sheriff’s Office.

Jeffries has been active on Facebook as the CEO of a Penny Stock Company called Luxuriant Holdings, according to police. The Washington County Sheriff’s Office has received numerous calls from across the country over the last month reporting that the company was believed to be a scam. People have also been making inquiries about an active arrest warrant against Jeffries listed on the department’s website. With the public’s help, sheriff’s officers found Jeffries at a location in Moreau.Jeffries was charged with felony third-degree grand larceny. He was arraigned in Washington County Court and held in lieu of $25,000 cash bail or $50,000 secure bond"
# # #


THE FOLLOWING NEWS REPORTS TIE CEO JEFFRIES TO "LUXURIANT HOLDINGS" AND "PENNY STOCK SCAMS"
http://www.timesunion.com/news/article/Deputies-9-years-later-Fort-Edward-store-6177085.php

http://news10.com/2015/04/03/police-moreau-man-arrested-for-2006-crime-after-reports-of-his-involvement-in-a-current-scam/

http://wnyt.com/article/stories/s3755304.shtml

 

NOTE: IT IS APPARENT THAT JEFFRIES IS NO LONGER AN OFFICER OR DIRECTOR OF EITHER SUTI OR IT’S SISTER COMPANY PRPM. HOWEVER, MANY PEOPLE INVESTED CONSIDERABLE SUMS IN THESE COMPANIES BASED ON STATEMENTS AND ACTIONS MADE BY HIM AND VAKSER. IT’S UNCLEAR WHETHER THOSE WILL BECOME PROBLEMATIC FOR THE COMPANY GOING FORWARD (I.E. LAWSUITS). OFFICIAL FILINGS MADE BY THE COMPANY REPEATEDLY DENIED THAT “ANY OFFICER” OF THE COMPANY HAD ANY “PENDING FELONY CHARGES OR CONVICTIONS.” THIS WAS CLEARLY UNTRUE AND DECEPTIVE TO INVESTORS. IT MAY BE DETERMINED THAT OTHER OFFICERS OF SUTI/ PRPM KNEW ABOUT JEFFRIES ' FELONY WARRANT, CHOSE TO IGNORE IT AND THUS CONSPIRED TOGETHER TO DECEIVE TO INVESTORS. IT IS ALSO POSSIBLE THAT JEFFRIES MAY EVENTUALLY BE ABLE TO COME FORTH WITH INFORMATION THAT IS IMPLOICATES OTHER OFFICRS AND DIRECTORS AND IS DAMAGING TO SHAREHOLDERS. FOR THOSE REASONS AND OTHERS IT SEEMS THAT A FULL DISCLOSURE OF THESE EVENTS BE MADE AS THEY COULD POTENTIALLY ADVERSELY IMPACT INVESTORS.

THE MAN WHO INSTALLED JEFFRIES AS CEO OF BOTH PRPM AND SUTI IS EDWARD “EDDIE” VAKSER (SEE BELOW). HE IS ALSO A CURRENT, OFFICER, DIRECTOR, CONTROL PERSON AND MAJORITY SHAREHOLDER OF SEVERAL PUBLIC COMPANIES INCLUDING SUTI, PRPM, PBHG, TDEY, AURI, TSRR (GREY MARKET) AND ARTS (SEC REVOKED). IT HAS YET TO BE DETERMINED WHETHER VAKSER IS GUILTY OF EITHER (A) KNOWING OF JEFFRIES CRIMINAL PAST, CHOSE TO DISREGARD IT AND CONSPIRED WITH HIM TO DEFRAUD INVESTORS OR (B) FAILING TO CONDUCT BASIC DUE DILLIGENCE (I.E. A CRIMINAL BACKGROUND CHECK) BEFORE TWICE INSTALLING HIM AS CEO OR (C) BOTH.

 

NOTE: ABOUT THE TIME VAKSER MADE JEFFRIES CEO OF PRPM, HE (VAKSER) WAS INDICTED BY THE DALLAS GRAND JURY FOR CRIMINAL FELONY THEFT (BETWEEN $20,000 AND $100,000) FROM AN INDIVIDUAL IN DALLAS. HE WAS ARRESTED AND JAILED IN FEBRUARY 2014. DURING HIS ARRAIGNMENT HE TOLD THE MAGISTRATE HE WAS A “UKRAINIAN CITIZEN” BY VIRTUE OF HIS HAVING BEEN BORN IN THE FORMER SOVIET UNION. HE DID NOT INDICATE TO THE COURT THAT HE HOLDS DUAL CITIZENSHIP IN THE US. VAKSER IS BEING PROSECUTED BY THE DALLAS COUNTY DISTRICT ATTORNEY. ACCORDINGLY, VAKSER WAS COMPELLED TO ADMIT HE WAS FACING A FELONY CHARGE IN SHAREHOLDER UPDATES. IS PRESUMED INNOCENT OF THIS CRIME UNTIL PROVEN GUITLY OR ADMITS SUCH. 

UPDATE: THE FELONY CASE AGAINST VAKSER WAS DISMISSED ON MAY 1, 2015 BECAUSE HE PAID FULL RESTITUTION OF $27,500 TO THE PLAINTIFF ON APRIL 29, 2015 --THEREBY AVOIDING A TRIAL AND FELONY CONVICTION.
To view all official court documents click here:  http://courtecom.dallascounty.org/pav/ 
Enter case# F1400082 and click “search.” 

 

DESPITE MULTIPLE STATEMENTS, FILINGS AND OTHER ASSURANCES THAT VAKSER WAS NO LONGER ASSOCIATED WITH SUTIMCO, HIS NAME HAS JUST REAPPEARED ON OTC'S "COMPANY PROFILE" UNDER OFFICERS AND DIRECTORS AS BEING A "CONSULTANT." THIS IS AS OF 4-15-15.

BENEFICIAL SHAREHOLDERS OF SUTI

According to official filings dated 4/15/15, SUTI has three major shareholders-- 

Eddie Vakser owns--- 32.85% 
Angie Tassan (Eddie's sister) owns--- 13.14% 
James S Tassan (Angie's husband and SUTI's CFO) also owns--- 13.14% 


That gives this family a total of
>>59.13%<< of all SUTI stock-- and that's before the recent 1-for-10 "dividend swap" with PRPM 
http://www.otcmarkets.com/financialReportViewer?symbol=SUTI&id=135948 

 

A previous filing dated 2/3/15 Eddie's private company NRG INC was also listed as a "beneficial shareholder" controlling 100 million shares. Whether those shares have already been dumped, swapped or bartered for promotional services is unclear.

OTHER MANAGEMENT

 CHAIRMAN: Scott N. Weinert– Just named to replace Michael Ronchetti as Chairman of SUTI on 4/15/15 by (Ronchetti remains named as Chairman of PRPM aka Luxuriant Holdings). Weinert is also President of PBHG and President of AURI –both Vakser companies. Weinert ran XEBEX which filed for bankruptcy in 2012. Weinert owns/operates PHOENIX FULFILLMENT GROUP LLC in Dallas though little information is known about it.
 
CEO: JARROD TURNER—announced to replace Luther Jeffries a/o April 6, 2015. However, no information was ever divulged regarding who “Mr. Turner” was–no photo, resume, address etc. He did not sign the official “company disclosure” dated 4/15/15 which was done so by CFO Tassan. Turner was reportedly replaced in May 2015 by Jorge Luis Saenz


Previous official PR' s involving Jorge Saenz, SUTI and/or its' "sister company" PRPM. Saenz is currently CEO of both.

Protek / Luxuriant Holdings Announces the Acquisition of Kolbe Global Logistics LLC (Marketwired: 2/20/14)

Luxuriant Holdings / Protek Capital Announces the Appointment of Jorge Luis Saenz to the Board of Directors (OTC:  8/14/14)

SutimCo Announces the Merger of Kolbe Global Logistics and SutimCo Inc (Marketwatch: 10/17/14)


SutimCo Inc, Shareholders update -Announcing "merger and management integration of PRPM & SUTI" (OTC: 10/24/14)

CFO- James Scott Tassan (brother-in-law of Eddie Vakser) IS AN OFFICER, DIRECTOR, CONTROL PERSON ON "ALL" VAKSER TICKERS. He's CFO of Protek Capital (PRPM/ aka Luxuriant Holdings --globally locked until 4-15-15). He is CFO/ Treasurer/ Board Member of PBS Holding Inc (PBHG), CFO of 3D Entertainment Holdings (TDEY), CFO of AURI, INC (AURI). CFO and Director of KALEX CORP (KLXC). Tassan was also the former CFO/ Treasurer of Eddie's ARTFEST INTERNATIONAL (ARTS --SEC Revoked), and TRADESTAR RESOURCES (TSRR --Grey Market. His wife is the only officer listed)
 

"CONSULTANT"- EDWARD VAKSER (SUTI's owner and largest shareholder)

Questionable actions and statements made prior to 4/15/15 by management:

On July 24, 2014 Vakser acquired Sutimco and appointed himself Chairman, CEO and President
http://www.otcmarkets.com/financialReportViewer?symbol=SUTI&id=125485
On October 24, 2014 CEO Jeffries stated: "First and foremost the question of Mr. Vakser. Many people have asked about what place Mr. Vakser has in our new company SutimCo. I’m happy to announce that Mr. Vakser has tendered his resignation as he will be moving on to other projects. The matter was finalized with the BoD yesterday and will be filed with the state on Monday. We are greatfull for Mr. Vaksers help in acquiring SutimCo for Proteks shareholders and wish him well on his future ventures." ---Luther Jeffries (Facebook post)

October 3, 2014 the company quietly execued 1-for-100 reverse split. Reportedly there were 48,646,931 - 55,000,000 outstanding shares (4,864,693,100 shares were oustanding a/o 6/30/2014 and there were 5.5 billion total authorized at time of r/s). Per Facebook page posting from ceo on 1/13/2015.

"Shareholders, I would like to take this opportunity to update our progress on attaining current status at otcmarkets. I filed to redomicile yesterday with the state of Wyoming as to which I will post our acceptance letter here when received. As a bonus to our loyal shareholders I reduced our maximum authorized shares from 5.5 billion to 2 billion.

 

SUTI CEO Luther Jeffries stated that globally locked PRPM shareholders will obtain 1 share of SUTI for 10 PRPM (Luxuriant Holdings, Inc.) shares. Therefore, 1.059 Billion authorized shares should be reserved for PRPM shareholders. 
 
Despite repeated assurances that he had long since resigned, on January 13, 2015 Eddie Vakser filed an official "shareholder disclosure" on behalf of SUTIMCO which he signed as "President." He, therefore, identified himself as being an officer, director or control person. For the first time ever he admitted he was facing a felony charge in Dallas. And he announced Sutimco would be paying rent and sharing office/ warehouse space at a building that his privately  owned NRG INC leased in Dallas.
 
On January 28, 2015 Vakser was still identified on OTC "Administrative Officer/ Director" of SUTI.
 
On February 4, 2015- Luther Jeffries filed an amended "shareholder disclosure" and --once again-- announced that Edddie Vakser resigned yet that Vakser has promised to issue dividends to PRPM shareholders. However, the statement failed to disclose Jeffries' active felony warrant.

On February 10, 2015- Vakser personally registered multiple "Hempster" web domain names --a name trademarked by a rival company (American Seed Oil OTC: ALGA) headed by someone who used to work for Vakser, sued him, his family and their companies for $800k and was eventually awarded a judgment of $500k. On February 25, 2015 two "Hempster" domain names were acquired by Sutimco in exchange for 150 million shares of stock. The registration data on two of these names was ordered to be "private" (an additional paid service). Several others were registered by Eddie Vakser/ Protek. All were registered within minutes of each other. It appears Eddie sold two $10 domain names to SUTI for 150 million shares of stock.

 

WEBSITES

NOTE: The official Sutimco website is that of the previous owners. It appears to have NO relationship with current management or their business activity.  http://suti.com/
However, this website appears to commingle both PRPM and SUTI http://www.luxuriantholdings.com/

Update---  7 BILLION !!!
AUTHORIZED SHARES as of 2/16/2016. 

OTC website not updated to sharecount

INCREASED FROM 2 BILLION TO 3.5 BILLION ON 5/7/2015 by notorous P&D serial scammer




 




 


 

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SUTI
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PostSubject
#83858  Sticky Note TODAY-->"Marijuana to remain ILLEGAL" says the DEA Kool Aid Man 08/11/16 07:57:48 PM
#83761  Sticky Note ............SHARE STRUCTURE REDUCTION FROM TRANSFER AGENT.........Share Structur brucebill 08/03/16 09:41:29 AM
#83420  Sticky Note SutimCo / Marijuana Venture Capital OTC Symbol: SUTI 7/12/2016 Dear JudeNJames 07/12/16 10:40:18 AM
#81368  Sticky Note Still No Buyback Mikey? Wasn't there a PR onthegreen 10/26/15 09:18:22 PM
#15182   Haven't they said that before? mrpenny2000 05/21/12 01:01:16 PM
#15181   "Company has dramatically increased its sales and is Rubenstien 05/21/12 01:00:32 PM
#15180   What's so great about it? mrpenny2000 05/21/12 12:59:18 PM
#15179   SUTI - GREAT NEWS IS OUT!!! Brimstone127 05/21/12 12:58:49 PM
#15178   SUTI - Low float play expecting news and Brimstone127 05/20/12 11:20:38 PM
#15177   Quarterly financials were released May 15th, notice the Rubenstien 05/20/12 07:26:08 PM
#15176   I picked up a starter position... It looks KILLER STOCKS 05/20/12 07:02:46 AM
#15175   The reason for the promotion is because BOOST nkob1974 05/19/12 03:24:28 AM
#15174   SUTI~Sitting on nice gains here and looking forward The Bull Investment Group 05/19/12 12:30:37 AM
#15173   SHHHHHHHHH! Zack 717 05/18/12 08:08:01 PM
#15172   chart seems to be in a solid uptrend.. Rubenstien 05/18/12 03:31:15 PM
#15171   Going to buy in next week. Wait for lmfao1234 05/18/12 02:56:38 PM
#15170   SUTI chart Rubenstien 05/18/12 01:02:58 PM
#15169   looks like this ones is ready for take V63 05/18/12 10:41:55 AM
#15168   Glad I grabed some @ .01 jerry7 05/18/12 09:41:31 AM
#15167   i think something is up here.. i'm watching KILLER STOCKS 05/18/12 09:18:52 AM
#15166   I'm sorry you feel that way but it PhenomenalPennyStock 05/17/12 04:26:40 PM
#15165   Management sucks, and BOOST is dumping at any nkob1974 05/17/12 02:35:52 PM
#15164   SUTI is FLYING! 3 days ago, Phenomenal PhenomenalPennyStock 05/17/12 02:20:29 PM
#15163   good gains! CashCowMoo 05/16/12 08:47:38 PM
#15162   Impressive volume. This moves quick! stressfreeliving 05/16/12 01:05:14 PM
#15160   Disagree. The bid/ask spread is so wide, cyclistfromhell 04/17/12 02:48:42 PM
#15159   completely agree cyclistfromhell 04/17/12 02:41:56 PM
#15158   Agreed. cyclistfromhell 04/17/12 02:40:56 PM
#15157   Everything these guys have said and more. cyclistfromhell 04/14/12 12:10:44 PM
#15156   This company is complete crooks ! IMO Forty Six & 2 04/11/12 10:52:13 PM
#15155   Worst stock ever. No money flows, no trades. I mrpenny2000 03/23/12 05:47:18 AM
#15154   When does bankruptes come for this pitiful company carlsberg 03/01/12 10:23:43 AM
#15153   Maybe some insiders no something. Don't care as Zack 717 02/17/12 05:26:38 PM
#15152   OK guys, what just happened? I'm out for Jagman5 02/17/12 04:57:29 PM
#15151   I can't do private. They've got 30 mil Jagman5 02/12/12 02:42:24 PM
#15150   After the R/S the max OS from existing Jagman5 02/11/12 09:55:25 AM
#15149   Scam or not his has possibilities. After the SwingKing 02/10/12 04:46:56 PM
#15148   SUTI is a scam, I doubt the people Forty Six & 2 02/10/12 04:29:27 PM
#15147   Whoever is buying keep it up! Zack 717 02/09/12 06:21:06 PM
#15146   hahahaha yep! welderman 02/07/12 08:50:03 AM
#15145   We here at SUTIMCo are growing and expanding Zack 717 02/03/12 07:29:15 PM
#15144   SUTI is the best stock in the universe. SwingKing 02/03/12 09:05:00 AM
#15143   hahahahhaha welderman 02/03/12 08:47:32 AM
#15142   Love,hate relationship, I love to hate it!LOL Zack 717 02/02/12 05:20:50 PM
#15141   I absolutely love this stock. Lol. mrpenny2000 02/02/12 12:38:38 PM
#15140   Looking for some good gas milage this last Zack 717 01/22/12 10:55:37 PM
#15139   Right now I don't have one. Have had Jagman5 01/22/12 08:25:38 PM
#15138   Hey Jagman what kind of jag do you Zack 717 01/21/12 04:52:47 PM
#15137   The $50k was granted to a client company. Jagman5 01/21/12 02:25:11 PM
#15136   Lying and deceiving investors is *illegal*! Pretty sure mrpenny2000 01/21/12 04:29:37 AM
#15135   If I find suspicious accounting activity, might just mrpenny2000 01/20/12 06:30:52 PM
#15134   I will spend a few bucks to get mrpenny2000 01/20/12 06:17:31 PM
#15133   While I understand your suspicions I still don't Jagman5 01/20/12 11:57:52 AM
#15132   Deception and accounting fraud come to mind. I'd mrpenny2000 01/20/12 11:11:54 AM
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