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Friday, June 26, 2015 11:58:08 AM
Re: MIKEY501 Post# 57599
DALLAS, TX -- June 26, 2015 -- SutimCo Inc. (OTC PK: SUTI) ("The Company") Today, the company and the management announces following shareholders updates: 1. The completion of the acquisition LOI, with a target date of July 1st to sign a definitive agreement. Funding the deal by July 6th, 2015.
2. Completed a negotiation with hemp edibles group in California, with an LOI signing targeted for July 8th, 2015.
3. Began negotiations with a dispensary, growers group and a delivery services.
Targeted completion date August 1st,2015.
4. New hemp energy drink and a hemp enhanced pills for wellness and male enhancement, targeted for August 2015 release.
5. New Credit card processing and encryption software to protect against identity theft and safe transactions for the consumers. (Designed for the www.Hempster.club)
Target date August 2015.
6. Our representatives are being well received at the NIBA conference in Newport Beach. We are negotiating new acquisitions and have tremendous interest from the institutional investors and several hedge funds.
Im extremely excited about the recent developments and business expansions that our company already achieved in such a short time. Ive made my commitments to the shareholders to complete the projects and grow this company and Im excited to be surrounded by a very supportive management team and a shareholder base. The support behind my leadership and ideas that I bring is whats energizing the very positive response from our investors and shareholders which enables me to expand and deliver on the commitments and promises that I made. I also would like to reiterate that we are acquiring the new deals with cash and stock. However, our shares that we use for acquisitions are 144 restricted (1 year restricted), and these deals will not interfere with our pending dividends nor will there be any need for any reverse splits. Our market capitalization is healthy and very manageable considering our plans for growth and acquisitions. Stated Mr. Saenz, CEO/SutimCo International Inc.
Recently the company announced:
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.
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.
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