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Thursday, January 29, 2015 11:17:28 PM
Edward "Eddie" Isaak Vakser took over SUTI and appointed himself President on 7/24/2014.
http://www.otcmarkets.com/financialReportViewer?symbol=SUTI&id=125485
Until yesterday (1/28/15) he was still identified on OTC "Administrative Officer/ Director" of SUTI.
Vakser is also owns, manages or otherwise controls Protek Capital aka Luxuriant Holdings (PRPM)-- another company SUTI currently claims a relationship with. At various times Vakser has assumed the roles of CEO, Chairman, President & is currently listed as director. Eddie Vakser appointed Luther Jeffries as CEO of PRPM (later aka Luxuriant Holdings) in December 2013. In February 2014 they suddenly announced they were in the cannabis business. However, under their management the company was slapped with a "global lock." They now claim they will "make whole" PRPM shareholders with shares of SUTI. In 2013 Vakser promised something to do something similar to holders of his SEC revoked ARTS by granting them shares of PRPM.
Here are some of the other companies Vakser owns, manages or otherwise controls:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110088636
His felony charge has been active since February 2014. However, he just now acknowledged it briefly in this official disclosure which he signed as "president" and dated 1-14-2015: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=131837
Imo this felony is the most recent pretense for claims that Vakser is "gone" yet again. However, SUTIMCO IS MOVING INTO EDDIE'S BUILDING AND PAYING HIM RENT!!! Again, this most recent disclosure filed on OTC was signed "EDWARD I. VAKSER -PRESIDENT" and dated 1-14-2015. The document also identifies Eddie as an "Officer, Director and Control Person" and discloses the fact that he "has a felony case pending in Dallas, TX." It also names him, his NRG INC company, his sister Angie and her husband Scott Tassan all as "beneficial shareholders."
LUTHER JEFFRIES IS NOT IDENTIFIED AT ALL-- NOT AS AN 'OFFICER, DIRECTOR, CONTROL PERSON" OR "BENEFICIAL SHAREHOLDER.
Furthermore it states SUTIMCO will be "sharing the rent" at Eddie's "NRG INC" warehouse located at 1233 Round Table Dr. (NRG was a failed energy drink venture of his). Nevertheless, Luther Jeffries has just stated on Facebook that "Vakser is gone" thereby clearly implying that Eddie Vakser has no involvement whatsoever with SUTIMCO. I find this to be a ludicrous assertion without some verifiable proof that Eddie Vakser officially sold or transferred ownership/ control of SUTIMCO and remains nothing more than a passive, minority shareholder
http://www.otcmarkets.com/financialReportViewer?symbol=SUTI&id=131837
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110382661
This is not the first time Eddie has supposedly "resigned" from one of his companies. Investors should also note that Scott Tassan (Eddie's brother in law) is still involved in SUTI, still controls the money, and still oversees the Vakser family interests. This is the case with EVERY Vakser owned/ controlled public company
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110386751
Imo Luther Jeffries is likely operating on behalf of Mr. Vakser. Jeffries never ran a public company until Eddie installed him as CEO of PRPM in 2013.
My "opinion" is as valid as your "hearsay"
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