Facebook 2/15 Luther's answer on float--
"Robert forgive me for sounding short but I have just taken over here. The short history at prpm was squashed by an overzealous move by the dtcc. I have beenn working very hard to clean up sutimco, remove eddie, and build am solid foundation in very short order. The MJ GROW deal that was just inked will pay for itself in less than six months and add millions in revenue in its first year of operation. It can be expanded tenfold if successful. There are also two more properties available imeadiatly. There is unlimited potential mid to long term in edibles and still virtually untouched to large scale minded businesses. We are also working to build a distribution network that aides various sector businesses to enter their products into a supply chain that covers all areas of the business from supply to customer. Their are many small companies developing and producing great products for the industry but dont have the wherewithal to to utilize their products to their fullest extent. The domain names and the software and websites that are being deveopled will be part of the solution. Sometime one must make un popular decisions or change plans that benefit the whole longterm but upset the few short term minded whom dont understand what the big picture holds."
Luther Jeffries admits he has increased the float/ outstanding beyond promised PRPM/SUTI dividend!!!
Facebook 02/25/15 - "Total just over 1 bil but most restricted.
I'll make get a complete run down this afternoon
01/22/2015 news release by Jeffries indicated he would be
"Maintaining a tight and manageable float (Less than 150 million)"
February 25th, 2015
"The Company signed an acquisition agreement with www.hempster.club and www.hempster.rocks . These new concepts Social Networks and Phone Apps, once developed, will enhance the communication and information gathering, sharing and dissemination among its members, users and supply chain vendors. The Company plans to launch these for Q3 and Q4 2015. The Company paid 150 million in free trading 144 common stock shares and 100 million in restricted 144 stock:
(150 million shares for 2 new, secretly registered domain names with NO functioning websites!! Total cost= $20 approximately)
Common Stock - Alternative Reporting - OTC Pink Current Updates: Luther Jeffries confirms dividend date for PRMP shareholders in April! Eddie Vakser has allegedly RESIGNED-- see link: http://www.otcmarkets.com/stock/SUTI/profile (All three photos of CEO Luther Jeffries publically posted by him online) Luther Jeffries - CEO / SutimCo International
(Also CEO of PRPM/ aka Luxuriant Holdings--Globally Locked) https://www.linkedin.com/pub/luther-jeffries/8a/282/340 James Scott Tassan - CFO Acting CFO: Protek Capital aka Luxuriant Holdings (PRPM --globally locked)
Past Treasurer: Artfest International (ARTS --SEC Revoked) Treasurer/ Board Member: PBS Holding Inc (PBHG) Acting CFO: 3D Entertainment Holdings (TDEY)
Cannabis Cultivation (Master Growers), Consultants Michael Ronchetti - Chairman Also Chairman of PRPM aka Luxuriant Holdings https://www.linkedin.com/in/michaelronchetti TA REPORT as of 02/24/2015
Michael Frey - Director & Bruce Lytle - Director
123 active shareholders
Total regular shares: 451,797,475
Total Restricted shares: 723,129,887
Total shares: 1,174,927,362 Jason M. Bogutski-President SIGNATURE STOCK TRANSFER, INC. 2632 Coachlight Court Plano, Texas 75093 Telephone 972.612.4120 Facsimile 972.612.4122 Email firstname.lastname@example.org SUTIMCO, Inc.
c/o CAPITAL ADMINISTRATIONS LLC (Registered Agent )
1712 Pioneer Ave. Box 5849A Cheyenne, WY 82001
Contact Luther Jeffries: email@example.com
NOTE: NO PHYSICAL ADDRESS FOR OF OFFICES OR FACILITIES HAS BEEN DISCLOSED BY MANAGEMENT
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/
The matter of EDWARD "EDDIE" VAKSER's involvement in Sutimco:
On July 24, 2014 Vakser acquired Sutimco and appointed himself 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) On Jauary 14, 2015 Eddie Vakser filed an official "shareholder disclosure" on behalf of SUTIMCO. He identified himself as being an officer, director or control person. For the first time 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 On February 10, 2015- Vakser personally registered multiple "Hempster" web domain names.
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)
FACEBOOK PAGE https://www.facebook.com/Sutimco The sec has ruled social media as a legal means to speak with shareholers. http://www.sec.gov/News/PressRelease/Detail/PressRelease/1365171513574#.VMI99n1OnMI
October 3, 2014 1-for-100 reverse split. There were reportedly 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.
|Shares Outstanding ||1,174,927,362 ||a/o Feb 24, 2015 |
|Float ||451,797,475 ||a/o Feb 24, 2015 |
|Authorized Shares ||2,000,000,000 * ||a/o Feb 24, 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. * NOTE: SUTI CEO Luther Jeffries has indicated 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. (AS OF 2/24/2015 NEW BLOATED S/S, THE PRPM SHARES CAN NO LONGER FIT INTO THE 2 BILLION A/S COUNT). PRPM's current (last known) S/S:
|Shares Outstanding ||10,594,375,776 ||a/o Jul 31, 2014 |
|Float ||Unknown || |
|Authorized Shares ||12,000,000,000 ||a/o Jul 31, 2014 |
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