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Exactly lol just two months ago right when SUTI was already in this position BUT it does say a lot about Jorges capability to get things done with no working capital or assets in a little under 2 months! If he can do all that he has done with no money, imagine what he's going to do with the 1.2 million funding line with future acquisitions.
It's not about what the company has on hand. What penny stock investor buys in when a company is already profitable with no issues or a company that's already established? It's about progress and forward looking statements as well revenue projections. Most businesses at these levels or any start up for that matter, begin with little to no money and debt. The majority of businesses seek help from outside funding, what SUTI has already done and secured funding by the way (non toxic) by the way. Maybe you have never invested in bottom plays but this is how they all start out for the most part, the whole point is to catch them before they become profitable and before everyone else discovers it, otherwise how do you make money unless you get in at the bottom when the company is in its beginning stages...? You catch them before they fix their balance sheet...unless you believe in buying high and selling low at a loss.
Been in 2 plays this year where Clay showed up and the stock went over 1000%. XCL! And TPA(...get ready ladies and gents because SUTI will run circles around those 2. When he shows up, you know we have a winner! SUTI BOOM!
When the buy back happens, things are going to get really interesting, pps is being kept down for a reason. 10 bagger from here. Go SUTI!
What business doesn't go out of there way to get lending in the start up phase? You can't blame the current CEO for this, yet he's making leaps and bounds to make SUTI profitable and it shows. All start ups go through the same thing but in this case fortunately for us it's non toxic funding.
Same here bud! I have a considerable amount as well and I won't be selling a share until we see .01
Clearly lol
In fact, there's nothing factual about this post, where in the pr did they state that ONLY funding for the buy back was obtained? Link please?
Decrease the float, clearly.
The company has a 1.2 million dollar non toxic line of funding...it's clear where the funding is coming from
Semper Fi marine! Glad to see you still with us!
Uh oh! Rifle in the house!
Most definitely...generally speaking, if you can stay patient and tough it out in the trips, you deserve to reap the profits of subs and pennies. Patience is key, this right now is normal but when it does pop, it's gonna be unstoppable.
Clearly. They could have sold for more of a profit early for 5 but clearly there's an agenda to keep this down
You as well my friend and I agree! No where but up from here.
HUGE run shaping up! The whales love to take huge bites eod so beware! Don't be caught with less than a million shares when this runs to .00s.
I like that :) I can't wait for those revenue projections! SUTI BOOM!
Fake wall up at 5! Slap that ask and she falls! Typical MM games.
All pennies are bs lol you just have to trade the ticker but luckily for us Jorge is for real and there's verifiable DD to prove it...all you gotta do is check his track record. He's batting 1000! SUTI/MJVC BOOM!
Clearly. SUTI has been releasing several prs over the last month and a half, has been in the top 5 most read, most active and most posted boards several weeks prior when it had its warm up run...yet they were no where to be found BUT as soon as Jorge gets on the puzzle peaches in place and lays down the Thor hammer with the buy back, here come the sea lawyers lol it's clear they want in cheap for when this runs. Other wise why show up now if this was a scam to begin with...? SUTI gonna be a ten bagger and beyond and soon!
We sure are, great week ahead coming to us.
Yet there's no DD to verify that SUTI isn't buying either lol the week hasnt even started yet, settle down and wait to see what happens but we sure do have a pr that states this and Jorge has a very reassuring way of following through on share holder updates and prs...being that he's got a perfect record, there's no need for me to doubt that he will pull through with the buy back as he stated in Friday's pr.
Still sounds like an emotionally charged basis on which your standing on lol Jorge is fully in charge here and everything he stated he would do, he has done above and beyond that. You don't even have a solid argument. He's followed through on his word on every objective, there's no reason to believe he will fail on this one but nice try.
Sorry bud that's already been explained, nothing has been left questionable about what Jorge is doing. Reaching for the wind won't help you, now your throwing any and everything you can but not you or any poster on this board can influence what's getting ready to happen next but nice try.
I already use that strategy but thanks!
I gotcha...well as a retail investor, 2015 has very good to me so far, I know what I'm doing and I'm ready for any and every possible scenario. Being that this isn't my first rodeo, I'm ready for what ever unfolds.
Neither do I ;) its called having an exit plan and a trade strategy. I'm not worried one bit. SUTI BOOM!
Good luck to you as well!
All negative speculation lol pretty much of what you think is going to happen based on your research that has nothing to do with SUTI. Your trying to force something that doesn't fit the bill. All one can do is sit back and watch what happens this week. Still no links on DD to show that there's anything wrong with SUTI yet the CEO is fully in charge and making massive progress...that much we do know. Until something "actually" happens out of the ordinary, all we can do is go off of the CEOs track record, which is outstanding. At the end of the day, on the company profile it lists Vakser as a consultant and Jorge as the CEO and the last I checked, a consultant doesn't run the company or the share structure. The CEO does and Jorge has stated what he will do.
I wasn't even addressing treasury shares. I was addressing the buying of shares off the market and my response was actually meant for tenkay but clearly you misread that. Still waiting for my answer as well.
Isnt that the stock market as a whole! Lol! Not everyone wins, what sport do you know that both teams win...? Or in business...? You have investors who buy in low and those who buy in high, that's with any stock but I guess everyone has to be a winner right...? Lol that's why now is the time to buy...to minimize risk and increase your reward if the play goes accordingly with your plan and if you invested using money to pay your mortgage or a car note, you shouldn't be investing at all. Simple. I'm prepared to lose my whole investment, but I'm also prepared to take the risk for when this goes north. In plays that go north of 100% or higher, those who ignored the fear and where smart about taking profits, banked. There's risk in every stock, you just have to have a strategy and a bail out plan if things go south.
If I miss read it then I'll take that hit but explain what is illegal in SUTI buying back shares if they have means to do so? Clearly they have non toxic funding to do acquisitions which they are currently working on as we speak...why can't they buy shares off the market using the same funding...? Sounds like because you "feel" something is wrong, that's your basis yet you can't find any negative DD to provide about the company to post a link here. You can bring up all these other scenarios yet you can't stay on topic with SUTI...where's the DD?
Uh buddy...reading through your post on the fraud dd board, the rule 10b-18 doesn't apply to Wyoming reporting companies, even you cleared that up already but nice try.
Wasn't AURI in trips before the run up...? Who invests that much money into a trip stock at the risk of losing their home or their cars...?! Who marries a stock in the OTC long enough to lose THAT much money...? Investing that much and then not being smart enough to take your profits and go is their fault...many successful investors who make upwards of 100k a year or more invest in scams and pumps (which neither AURI or SUTI are). Money can be made but if you aren't a smart investor then heck lol you shouldn't trade but money can be made, it's a game of hot potatoe, just don't be the last one stuck with it. It's called having a trading strategy and an exit price, no investor ever lost money playing it safe with a strategy, you only lose money when your greedy and don't know when to pull out. Luckily in our case, there is verifiable DD...Jorge has delivered on every objective but all of a sudden a buyback raises an eye brow to non share holders that have never been on this board before...? Get in line for your shares bud and slap that ask!
Broke...? You maybe hahaha!
Last I checked, Jorge Saenz is the CEO and fully in charge. Since being on board he's brought the pps from no bid up to a high of 500%. He has done nothing short of what he stated he would do so far...the only reason I'm in this. Weeks prior when it was at no bid, I didn't buy in because it "seemed" sketchy. So far his track record is spotless and he has managed to etch a deal to where we are partnered with Canna in the City which is a fully licensed and permitted dispensary in Oregon. I decided to do my own DD and now I'm here, I made my own informed decision to buy in...no matter what arguments were posted, negative or positive. If this was a scam, ask yourself...why would a legit mj dispensary in Oregon partner with a scam company...? It's bad for business to partner with a scam company so ask yourself, why would they...? Doesn't make sense, companies under go a period of due diligence on each other before signing a deal...apparently I guess the staff at Canna were too stupid to realize SUTI is a scam lol no where but up from here! A CEO that delivers on his objectives EVERY SINGLE TIME...sounds good enough for me!
We don't know how much they will buy back and we also don't know if they will issue more shares or not...is that a valid reason not to buy or to buy at all...? If there's uncertainty, all one has to do is simply not buy lol or take a risk and find out. There's always risk in ANY stock on the Nasdaq and the OTC...money is made when risks are taken whether based on speculation or after having all the DD necessary to make an informed decision.
Link please? Can you verify that with proof since your completely convinced that there's no funding in place...I mean, you must have some DD to support that claim or you have insider info that you can share with us...?
That's the thing about trip stocks or any penny stock for that matter...if the companies were already profitable with constant revenue, they wouldn't trade down here. Any savvy penny stock investor knows that the time to invest is before revenues or quarter filings come out. The money is made before revenue numbers are released, investing in any penny stock is speculation BUT also after having done the proper DD to calculate whether the risk is worth it.
Gotta love it!