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Re: SilentSniper post# 68

Wednesday, 06/24/2015 8:01:22 PM

Wednesday, June 24, 2015 8:01:22 PM

Post# of 101
$SUTI UPDATE


Date : 06/23/2015 @ 9:15AM


New Business developments and Shareholders Update


DALLAS, TX -- June 23, 2015 -- SutimCo Inc. (OTC PK: SUTI) ("The Company") Today, the company secured a new office and operations headquarters for the Cannabis/MJ development for the Texas area. The new location is: 507 Main st. Suite A Lake Dallas, TX 75065.



The company is in the process of launching a new website and is filing for the new name change as well as the ticker symbol change to reflect and define the companys identity and the new business direction.



Recently, the Governor Abbott of Texas signed medicinal marijuana bill that will allow Texas to enter into the Cannabis/MJ market segment. This new development confirms and reinforces our companys plan to establish operations and businesses in as many states as possible. Some of the states already approved medicinal use and some of the states are moving towards recreational use and even a full legalization.



We want to establish a great foundation and become early adopters of this market space and stake out our territories while continue on the path of expansion and new business developments. We will focus on rebranding our company and focus on becoming a new market leader in the Cannabis and Marijuana market sectors. Stated Mr.Saez , CEO of Sutimco International Inc.



Recently, the company announced the following:



The company is on a fast track to empower its management and the new CEO with a

structured funding via line of credit and asset based lending.

Today the company has entered into negotiations with a private funding group BV Remenstein and its equity partners. Several investors already hold a substantial position with the company and its investors. The deal will allow the management and the CEO to draw upon a first round of funding with a commitment of up to $ 1.2 million. The

Deal is structured so that the company is not pressured by any toxic financing via convertible notes or debentures. The management will travel to the NIBA convention June 24th thru 27th in Newport Beach CA., in order to complete the deals and launch several acquisitions.



We want to take advantage of the opportunities and deals that the new and emerging Cannabis/MJ markets have to offer. I feel confident that we can grow this company and complete the projects that I bring to our shareholders without taking aggressive toxic financing or heavy burden of debt. The timing for this development is perfect, as it comes right on the heels of our management reducing the current burden of debt and liabilities via spin off of our SutiMco past business model and its business into the private sector. These new investors support our business plan and want to ensure that our financing structures do not pressure our stock and our ability to grow the company while maintaining the shareholders value and our PPS. Stated Mr. Saenz, CEO / Sutimco International Inc.



Thank you,

The Management, Sutimco Inc.

Some of the best recent Quotes:

In strict medical terms marijuana is far safer than many foods we commonly consume. For example, eating 10 raw potatoes can result in a toxic response. By comparison, it is physically impossible to eat enough marijuana to induce death. Marijuana in its natural form is one of the safest therapeutically active substances known to man. By any measure of rational analysis marijuana can be safely used within the supervised routine of medical care.



[DEA Administrative Law Judge - 1988]

Francis Young



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