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If it matters to you, prepare for disappointment. Because it's not gonna happen.
Can we rely on Jorge to shut out the lights when the end comes? Wouldn't want Eddie's name to be on an unpaid electric bill.
Jorge is keeping things up to date
I took a quick look at the financials last night...I didn't dig into the notes to see what goodness might be hidden there.
IIRC for the first 6 months of 2015 the profit and LOSS statement shows $ 90K for salaries and wages.
A CONjured up nonexistent trading symbol seems appropriate though, no?
Speaking of magic, let's not forget about the magical entity that will absorb SUTI debt so the balance sheet can be cleaner.
What a hoot.
I disagree. We get nice reports about Jorge's plant babies and his sale of weed. When I get time I will post some pictures of my kitty. Both have the same level of relevance to SUTI.
Jorge couldn't say anything straight if he actually wanted to.
I'm outside of Texas.
We call it a SCAM.
One syllable. Four letters. Easy to pronounce.
I don't think Jorge is working for "FREE." I think the PR said his compensation was "deferred."
The amount of Jorge's wages should be on the expense side of the Income Statement with a corresponding entry on the liabilities side of the Balance Sheet.
Of course if his travel and other expenses are being covered by SUTI as Jorge does double-duty for SUTI and his personally owned ventures then there should also be some accounting entries showing reimbursement to the Company FROM Jorge.
I'm sure that the crackerjack accountant/B-I-L is all over it.
Soon to repeat itself
A Blast from the Past.
Some are anticipating that the ticker symbol will indeed be changed to MJVC...just in time for the Super Bowl ad!
Can't finish the financials until Eddie tells the accountant how many thousands to accrue for the 2nd quarter consulting fees.
That kinds of genius does not come cheap
Revenue side of the income statement will be easy, though.
Looter has lots of free time. Unfortunately his access to phone and internet are both limited...and monitored.
we need someone willing to work for PRPM full time
Jorge has at least one company that we know of: KOLBE. This is the LLC that was sold and unsold by PRPM/SUTI at least 3 times last year. To anyone's knowledge Jorge still owns that company since Eddie never came through with the $$ to consummate the deal.
Jorge also speaks of the name "ECOVAPE" but it isn't clear if this is a company, a trade dress or something else.
What seems crystal clear is that Jorge operates for his own interests which makes any dealings on behalf of SUTI (where he is CEO...as of now anyway) a bit suspect. It is smart of him, however, because any dealings with Eddie are likely to end with a bit of...unpleasantness and name calling (search iHUB for the prior instances of Jorge and Eddie launching accusations at each other).
Jorge clearly indicated "MY COMPANY" made the sale.
SUTI is on the outside looking in.
No revenue from this for SUTI, that's for sure.
New deals = Total conjecture. The old deals still haven't been explained.
And spin from the doubters are nothing when compared to the spin of the BOOMers.
GLTU
The original post is (as is typical) virtually incomprehensible but my read is that the suggestion was that SUTI should be in the real estate business by helping the Craigslist??? poster find an appropriate place to grow weed. So, SUTI would RECEIVE the $ 1k. Thankfully, SUTI wouldn't have to PAY $1k because we know that wouldn't be possible (unless the Baron digs into his pockets).
When you think about it, a $ 1,000 finder's fee would be significant revenue for SUTI. I mean, compared to all of the other company operations.
Presumably Jorge IS receiving compensation. It's just not being paid in CASH, it is ACCRUING on the books as a corporate liability.
Nice that Jorge is busy generating revenue for himself.
Perhaps a MJ supply contract was part of the arrangement with CANNA. Doubtful that we will ever know.
I hope that deal was done at arms' length. Wouldn't want any double dealing allegations to sully Jorge's image as a top shelf businessman.
IMO, It's not the revenues that are causing the delay in the financials -- it's the EXPENSES.
Presumably Jorge has been traveling around the Pacific Northwest meeting with Canna and other prospective business partners. Hotels, rental cars, meals, shoe-shines: all of those expenses need to be tallied up and accrued (since the company has no cash). In addition it was announced previously that Jorge's remuneration was being accrued. Could this reveal how much Mr. Saenz is being compensated for his herculean efforts?
The financials could be more revealing than you expect.
In my book, not telling the truth is the very definition of a lie. In the world of Fast Eddie and his minions, the definition of a lie may be different.
It's simply NOT UPDATED, no?
The web site, the phone number and the S/S are inaccurate. How can you determine the details that are accurate and which are lies?
If Vakser was not an officer, he wouldn't be listed on OTC Markets under officers. www.otcmarkets.com/stock/SUTI/profile
I will change it up so you can comprehend:
Answer to your question: We will talk about a DIFFERENT SUTI lie. So many to choose from.
Me thinks you have the wrong Oak River Technology, KAM.
The "TDEY" ORT has something to do with processing insurance claims.
The Minnesota building you showed is a company that says:
We excel in the development and manufacture of high-end, automated equipment. The Company serves the medical device and other high-tech industries with innovative technology platforms.
High hanging curve
What will be talked about when the divy DOES come?
Ah, the illusion of your casino workplace is created to lure idiots who believe they can "beat the house" when those in the know are aware that the house always wins...eventually.
Those palaces were not built so that Joe Schmoe can walk away with more money than he had going in.
Same is true in these scam companies. The house (Eddie) wins and those who tout this crapola might win if they get out quick enough.
The idiots walk away empty handed.
The answer is: because Eddie is a software development GENIUS. He conceived, designed, coded and implemented the WEED PAYMENT system that was sold...help me here. Which Eddie scam company bought it and which Eddie scam company company sold it?
And Eddie is devoting much of his workday to the development of the HEMPSTER social networking platform for WEED.
Eddie is also responsible for the MJVC.ORG web site which is one reason why it isn't working.
Canna in the City through their credibility behind you and you let them down.
And for good measure, the domain MJVC.ORG is registered to none other than Edward Vakser, consultant extraordinaire.
Maybe the web host finally got around to running Eddie's VISA card through the system.
GULP!
You have some DD to do, my friend.
Good luck.
The Kolbe deal never went through so PRPM wasn't obligated to compensate Saenz for anything.
Saenz is the CEO by default because PRPM couldn't pay him for the Kolbe Global merger/buyout.
It's not like we haven't seen lots of mergers with other Eddie companies. In fact, I can think of one company that merged with another Eddie company 3 times. Each time the deal fell apart when...wait for it...Eddie didn't come up with the money.
SCAM
Winny: In fairness it's an Eddie scam company so don't be patting yourself on the back too hard
I remember your prediction, Middie. At the same time I predicted that Eddie's next sham product would be an ISIS repellent kit.
So, the ED product made it out of the SUTI Labs before mine. The SUTI Quality Control Department (located in Tianjin)found some minor problems with the ISIS product. They are looking to ramp up the power a bit.
SUTI REDEMPTION!
Upstate New York is quite lovely this time of year and I'm sure Looter would welcome having someone to talk to.
How do you feel about robbing a gas station in Fort Edward?
That does seem like a lot of financial chicanery for two "marijuana powerhouses" that have less in combined revenue than the lemonade stand that I ran when I was seven.
I love the magical liability spin-off. I mean, who wouldn't want to make every dollar that they owe disappear by having their next door neighbor take ownership of a debt?
Me? No, I don't owe you that any more, Wells Fargo. He doesn't know it yet but my mortgage debt has been spun off to my neighbor Bob.
Bob...be a good guy and pay the nice bank!
If you would front Looter some bail money I'm sure he would be willing to come back to "straighten things out."
As I recall, Eddie left the door open for Looter's return once his legal "difficulties" were ironed out.
From the July PR:
Last (as previously stated), SutimCo shareholders will receive their own 100 to 1 company dividend with a record date of October 1, 2015.