Tuesday, May 09, 2017 9:49:35 PM
Dear Shareholders!
First of all, please let me apologize on behalf of myself and our management for a very late update. However, we do have better news. As you may or may not know, I filed for an OTCIQ access with OTC Markets. This is a fairly standard procedure that companies do 2 times per year. Unfortunately, this time, our file was rejected. My attorney and I requested a response from OTC Markets compliance, so that we can re submit the file, and address whatever concerns or issues they may have. The difference is that this years filing forms are very different than the forms that we are used to, so its very possible that i may have made mistakes. I just now, ( today at 2:30 pm CST), finally received a response from OTC Compliance office, and they assured me that within this week, their compliance team will respond with issues that they want us to address. We will do so immediately and will post a response. And finally, since I've been receiving threats and accusations, I would like to address a few other issues. 1. the membership fees were submitted and prepaid when we first filed, so there's no issues there. 2. Our new CEO is still on board, and will officially sign on and become active after we file, so that we can start a new submission file with the OTC Markets then. 3. We, the management feel very optimistic about our plans for the future. *****special NOTE: for those who are also involved with our other tickers, I would like to observe the obvious, which is; "its the same OTC Markets and their compliance office, so once we finish with SUTI, we will update the rest, since the OTCIQ file will be very similar." Thank you for your support and patience.
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