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That's because most traders of penny stocks don't know what their doing or they get greedy and don't know how to take profits. Every investor should know there's risks with every stock out there, losing money is apart of the game, good traders even lose money as well on big board stocks bud. In the stock market, whether pennies or big boards, you have winners and losers, sorry. Not every one wins, only the ones who know what there doing profit and those gambling with no method to what their doing lose. There's always risk in investing in any stock, you don't like risk, then stick to a day job...simple as that!
Investors make several thousands, hundreds of thousands of dollars and some lucky ones end up being millionaires from stocks with no product and no revenues with prs full of fluff and lies...yet it's a concrete fact that SUTI has sealed the deal with a real mj dispensary in Portland Oregon, all we're waiting on is a pr. The only stock on the market with a mj dispensary in a state that just became legal...so basically what your saying is you don't like money lol...? If the stock runs and your able to retire or make a years salary, does it really matter if the company is legit or not...? Thoughts?
When big board companies sign contracts do they also photo copy the contract to show investors...? What about other OTC stocks...? That's a first for me...honestly.
Good, shares went into stronger hands. When you know what you own you ain't worried about nuttin! SUTI BOOOOM!
Lmmfao! Now that's hilarious...I've been touched by the Flying Spaghetti Monster! I saw his out stretch tentacle!
I like I like... SUTI BOOOOM?
$SUTI
@Quetzadragon: On my way to finalize agreement with Canna and the City. Details will be provided tomorrow in the PR
On my way to finalize agreement with Canna and the City. Details will be provided tomorrow in the PR
— Praxedis Capital Investments (@Quetzadragon) July 1, 2015
Yea yea we know, I'm sure we all got the message by now bud! Thank you for caring so much!
$SUTI
@Quetzadragon: On my way to finalize agreement with Canna and the City. Details will be provided tomorrow in the PR
On my way to finalize agreement with Canna and the City. Details will be provided tomorrow in the PR
— Praxedis Capital Investments (@Quetzadragon) July 1, 2015
Exactly haha! One day into the month and already that pr from the 26th of June is old news lmfao! Maybe my math is off but how is a pr from 4 or 5 days ago old news...? I honestly don't expect a pr today or tomorrow or even Monday. The LOI is to be signed today, the funding for the deal inked on the 6th so chances are good a pr will come on the 7th or later in the week. What sense does it make to release a pr today and Monday? It makes more sense to me to just release it all in one pr next week...but hey, what do I know haha!
I was thinking the same thing...Jorge never said a pr would come today, just that the deal would be sealed today...I have nothing but time, today would be nice but I have time.
Good on you bud! Now all we have to do is sit back and be patient.
It's coming bud, multi pennies around the corner! Good luck to you my friend! SUTI!
With all the coming business developments and catalysts to come, it's only a matter of time my friend. SUTI is on the verge of a monstrous run and soon!
What we have here is special people. The difference between the original mj boom in Colorado and now is no stock was directly tied to a fully licensed mj dispensary with all the required permits...our acquisition/partner "Canna and the city" has met all of those requirements and the new CEO Jorge has managed to bring this dispensary under the SUTI banner. Also keep in mind that "Canna and the city" is located in Portland, Oregon...check the list of licensed mj dispensaries in Oregon and notice that "Canna and the city" is on the list
http://www.oregon.gov/oha/mmj/Pages/directory.aspx
SUTI BOOOOM!
Bingo! SUTI BOOOOM!
The CEO is Jorge Saenz, the up to date DD is available. Under old management SUTI was miss handled until Jorge came on board. SUTI is under a new CEO and new management. As a consultant, Eddie Vakser isn't even a board member lol which means he has no voting power or rights to shares. This company is under the control of Jorge Saenz as of June 4th, no dilution or insider selling has been done since his time on board with SUTI but what he has done is increase share holder value and has managed to bring a fully licensed mj dispensary located in Portland, Oregon under the SUTI banner. No where but up from here folks, there's an over whelming amount of DD that backs the future growth of the company and share holder value. SUTI will see a share price valued at several pennies within the next few weeks to months. Gltya!
Good luck to you bud, the party will still be beginning by Monday so there's still time imo...good luck to you my friend and have a great day!
You'll be happy you did, solid company with many good things happening through August. Welcome to the SUTI family!
SUTI DD! Deal with Portland, Oregon dispensary prior to legalizations for recreational mj set for July 1st!
Medical dispensaries in OR will be allowed to sell to recreational customers Oct 1st.
— Canna and the City (@cannaandthecity) June 25, 2015
Reading http://t.co/DA9HlG5k65
@aldwingg @rtjon14 pic.twitter.com/Oqnycbt6m1
— Canna and the City (@cannaandthecity) June 16, 2015
As we all know, the CEO of every company has the final say in making decisions that affect the business as well as share holders. As of June 4th, the CEO has been Jorge Saenz and since being onboard, there has been no dilution or the taking on of toxic financing. When you have a new CEO in place, the company's past is no longer a factor, if the old CEO was still on board, then worrying would be understandable...the writing is on the wall, the new and current CEO has done nothing but increase share holder value and new business opportunities have also come about as a result of new leadership in place. Consider the old negative DD but also keep in mind that the new CEO has been on board for only a month as of July and already he is making things happen. SUTI will see copper and beyond within the next few weeks to months, thanks to the new management and the new CEO. Vakser isn't even a board member, thus he has no say or a right to vote in the dealings of the company...he is nothing more than a consultant.
DALLAS, TX / ACCESSWIRE / 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.
I'm 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 company's 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." - [DEA Administrative Law Judge - 1988] Francis Young
"When I was a kid I inhaled frequently. That was the point." - Barack Obama, U.S. President quote on Marijuana
"I enjoy smoking cannabis and see no harm in it". - Jennifer Aniston quote on Marijuana
"At the end of 2014, 15,992 people were licensed to work in the marijuana industry in Colorado alone, an increase of 143% over the previous year."
"A recent report from The ArcView Group, a cannabis research and investment firm, dubbed legal marijuana the fastest-growing industry in the U.S. and valued it at $2.4 billion in 2014 - the year legal, recreational marijuana sales first started in Colorado. ArcView is expecting the industry to grow by another 32% this year."
"I think people need to be educated to the fact that marijuana is not a drug. Marijuana is a flower. God put it here." Willie Nelson
"2014 was the year where the cannabis industry went from being an interesting casual conversation to something any serious business person has given a fleeting thought," said Troy Dayton, cofounder of The ArcView Group. "Unlike other new industries, the demand for cannabis and related products already exists, driving the sector's rapid growth. The industry grew from $1.5 billion in 2013 to $2.7 billion in 2014 - a 74% increase in one year, according to The ArcView Group's latest market analysis report."
"Federal and state laws (should) be changed to no longer make it a crime to possess marijuana for private use." - Richard M. Nixon
About Sutimco Inc.
Sutimco Inc., is a development corporation with a focus and design to enter a new and emerging Medicinal and Recreational use Marijuana and Cannabis market sectors. The company is developing relationships and contracts with product and service providers that cover all aspects of this new and emerging market sector.
Forward-Looking Statements: The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, and domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.
Contact: stassan@sutimcointernational.com
SOURCE: Sutimco Inc.
© © 1998 - 2015 Baystreet.ca Media Corp. All rights reserved.
http://www.otcmarkets.com/stock/SUTI/news
SUTI DD! Deal with Portland, Oregon dispensary prior to legalizations for recreational mj set for July 1st!
Medical dispensaries in OR will be allowed to sell to recreational customers Oct 1st.
— Canna and the City (@cannaandthecity) June 25, 2015
Reading http://t.co/DA9HlG5k65
@aldwingg @rtjon14 pic.twitter.com/Oqnycbt6m1
— Canna and the City (@cannaandthecity) June 16, 2015
Good morning all, or should I say good evening. I can't wait to go back working the day shift...I always miss all the action during the day, looks like SUTI held up very well once again.
Yes he is, hasn't even been on board a full 30 days and he's making things happen. Over 99% of OTC stocks are full of lies and fluff but SUTI is the real deal.
I love it! Now for the definitive agreement set for tomorrow and the funding of the deal following shortly on the 6th. What other company on the OTC has an acquisition/partnership with a fully licensed mj dispensary...? Anyone? SUTI!
Notice that SUTI acquisition/partner "Canna and the City" is on the list of the 222 licensed and approved mj dispensaries in yesterday's issue of The Oregonian online article!
http://www.oregonlive.com/mapes/index.ssf/2015/06/where_are_medical_marijuana_di.html
Here's the list!
http://www.oregon.gov/oha/mmj/Pages/directory.aspx
SUTI BOOOOM!
Manipulation...she wants to run but the ask is being stacked purposely when more money could be made by simply spreading out the ask. Everyone wants cheaps...gotta slap that ask to fold the wall. It's a fake wall...slap the ask and the wall will fall.
Indeed!
Completely irrelevant lol it's not about what SUTI, Vakser or the previous CEO has done before but what are they doing now?! Jorge has been doing all of the "doing" last I checked lol Any proof with an update verifiable link that Vakser "gave" Jorge the "title" of CEO...? I'll wait right here!
Well that's funny considering there's a pr introducing Jorge Saenz as the new CEO of SUTI
http://www.otcmarkets.com/stock/SUTI/news
Not to mention he has to sign on being recognized as SUTIs CEO under the company profile, why else would he not if he isn't the CEO and not just a puppet for a "Vakser fraud" lol...
http://www.otcmarkets.com/stock/SUTI/
Notice that Vakser is listed as a hired consultant and not a board member...?
Basically we're just knit picking out of desperation...which makes TOO much sense haha! SUTI BOOOOOM!
There has to be concrete news to support higher price levels bud lol every pr has been a share holder update of what's to come lol once something concrete hits, off to races she goes! It doesn't take a rocket scientist to figure out that updates don't move the pps...solid news does BUT as the new CEO, Jorge has done his job in keeping share holders in the loop...that alone has brought SUTI from no bid to a daily trading volume of 100 mil +
Your post isn't entirely true considering the new CEO Jorge Saenz just came on board as of June 4th. Single handedly he has increased share holder value by 500%
http://www.otcmarkets.com/stock/SUTI/news
The talks of grow operations were from the old CEO Luther lol clearly the new CEO Jorge has ditched the plans of the previous CEO to solidify a deal with an mj dispensary in Oregon, a deal which is makes more sense and is in the last phase of finalization.
https://twitter.com/cannantcity/status/615244991326089216
@aldwingg @rtjon14 pic.twitter.com/Oqnycbt6m1
— Canna and the City (@cannaandthecity) June 16, 2015
I believe if the dates are met with the coming catalysts that the CEO has shared in the updates, .002+ is very plausible especially considering the deal with the dispensary in Portland, Oregon. Possible 10 bagger or more from the current levels with the legalization of recreational marijuana I'm Oregon on July 1st...we're days away from all the fire works! Gltu bud!
SUTI DD! Deal with Portland, Oregon dispensary prior to legalizations for recreational mj set for July 1st!
Medical dispensaries in OR will be allowed to sell to recreational customers Oct 1st.
— Canna and the City (@cannaandthecity) June 25, 2015
Reading http://t.co/DA9HlG5k65
@aldwingg @rtjon14 pic.twitter.com/Oqnycbt6m1
— Canna and the City (@cannaandthecity) June 16, 2015
SUTI DD! Finalization of deal with Oregon dispensary prior to legalization for July 1st!
Medical dispensaries in OR will be allowed to sell to recreational customers Oct 1st.
— Canna and the City (@cannaandthecity) June 25, 2015
Reading http://t.co/DA9HlG5k65
@aldwingg @rtjon14 pic.twitter.com/Oqnycbt6m1
— Canna and the City (@cannaandthecity) June 16, 2015
SUTI DD! Finalization of deal with Oregon dispensary prior to legalization for July 1st!
Medical dispensaries in OR will be allowed to sell to recreational customers Oct 1st.
— Canna and the City (@cannaandthecity) June 25, 2015
Reading http://t.co/DA9HlG5k65
@aldwingg @rtjon14 pic.twitter.com/Oqnycbt6m1
— Canna and the City (@cannaandthecity) June 16, 2015
New SUTI DD! Acquisition/partnership with existing mj dispensary set to be finalized on the 1st of July prior to legalization of recreational mj sales!
Medical dispensaries in OR will be allowed to sell to recreational customers Oct 1st.
— Canna and the City (@cannaandthecity) June 25, 2015
Reading http://t.co/DA9HlG5k65
@aldwingg @rtjon14 pic.twitter.com/Oqnycbt6m1
— Canna and the City (@cannaandthecity) June 16, 2015
New SUTI DD! Acquisition/partnership with existing mj dispensary set to be finalized on the 1st of July prior to legalization of recreational mj sales!
Medical dispensaries in OR will be allowed to sell to recreational customers Oct 1st.
— Canna and the City (@cannaandthecity) June 25, 2015
Reading http://t.co/DA9HlG5k65
@aldwingg @rtjon14 pic.twitter.com/Oqnycbt6m1
— Canna and the City (@cannaandthecity) June 16, 2015
Did you recognize that the date on this article is from Feb 9th...? Lol you do realize Jorge is now in control and he's the CEO? This information is out dated and here's a link for anyone who would like to view the article
https://www.hotstocked.com/article/89210/the-troubling-situation-of-sutimco-international.html message board
Since this article, the new CEO has completely transformed the business model and no selling of shares has happend while he has been on board. The old CEO and Vakser are no longer factors here with SUTI...single handedly, Jorge has brought the pps from no bid, up 500% and restored investor confidence...SUTI is going no where but up bud!
Any thoughts?!