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This! Google Scott Weinert SCAM and you will see some entertaining information about his affiliation with Eddie.
I just read a 2015 press release from another Eddie sham company wherein Mr. Weinert is quoted. The PR is full of Eddie random capitalization and poor English. It quotes how another company does over $ 500 million in sales annually. It's not the Eddie company making that revenue but Eddie thinks it's worth mentioning.
Hey Eddie, AAPL did $ 182 BILLION in sales last year. Mention how SUTI and AAPL have a lot in common (stock symbols both have 4 letters!!!!) and people will project sales for SUTI based on AAPL results.
Another Eddie laugh-fest.
Taking a financial cue from Eddie and Scott, Dukeb shall be spinning of the mortgage on his home into a privately held entity, thus relieving Dukeb of approximately $ 600,000 in liabilities while Dukeb shall retain the home -- now free and clear of any payment obligations.
This shall result in an immediate TAX FREE NET PROFIT of $ 600,000 for Dukeb.
It's what we in financial circles call a Win/Win!
Dukeb is also proud to add Janet Yellen to the Dukeb Board of Directors. She's got experience in business stuff and we're sure she will be a big help to Dukeb moving forward. She speaks English and took some high school Spanish.
SMH
That was a nice trip down memory lane, GA. Thank you.
Jailbird
Talk of the dividend is amusing. Goes to show how little these folks know about the history of SUTI. I get it -- they don't care since they are just looking to suck in others who will hold the hot potato when this thing gets shut down.
FYI: The promised dividend (which will never happen)is to give 500 million shares of YOUR company to the bagholders of PRPM.
Since everything about the company is a fairy tale no one should be concerned about the dividend. But under no imaginary circumstance will the dividend benefit SUTI holders. If it did happen it could be dilution of your "ownership" of this sham.
Careful with those potentially libelous words, Cowboy.
Looter is very protective of his reputation. All he has is the good name of "Looter R Jeffries."
And his trailer.
But $ 133 profit, CJ. In Looter's world that's what we call monthly lot rent.
New CEO doesn't get out of solitary until next Monday. He will release PR at that time.
That's a different Luther R Jeffries of Glens Falls, New York.
LOL.
Any thoughts on whether Looter traveled to Vegas? He said he was meeting with prospective business partners. I dunno if the the TSA is on the lookout for folks like Lootie who are on a County wanted list.
Or was Lootie sitting in the NY trailer park the entire time as he wrote of flight delays back from LV?
Sorry. Ex-Ceo of Sara Lee. Makes it even worse.
What a sad day when the ex-CEO of Procter and Gamble is behind bars.
....and the sad part is that Looter used up all of his "sick days" when he had the imaginary tumor.
These days behind bars will not be recompensed.
How's that?
It's going to be just the beginning for Looter.
You going to hire an attorney to get ownership of that orange jumpsuit? Don't bother: it belongs to the Sheriff's office.
Unless Eddie was using Looter's whereabouts to negotiate something for himself why would Eddie throw Looter under the bus?
As appears in the comments section of the new article:
It took 9 yrs. to find the guy living in Moreau?
There's only so many gas stations and barrooms within a 5 mile radius. Looter was bound to turn up in short order.
Eddie is scouring a list of recent Harvard Business School graduates looking for an appropriate CEO candidate.
Eddie is also scouring a list of America's Most Wanted felons in case plan A doesn't pan out.
Looter will be the convenient fall guy.
New CEO will tell bagholders that Looter messed up and caused the rift between the growers and SUTI. Looter interfered with all sorts of various relationships that caused deals to fall apart.
But keep the faith, my denizens. Prosperity is just around the corner.
Milt: Looter wrote about a tumor wrapped around his spine. No cancer was mentioned.
Tumor.
Like a leech. Bloodsucker. Parasite. Bottom feeder.
The irony of it all.
All are invited to intend Looter's retirement party.
Please gather in the large boardroom (the one on the 4th floor near the data center) at 11:30am. There will be a very short ceremony during which Looter will hand the new CEO the key to the executive washroom and the Company Burger King discount club card.
You may address the group if you have kind words to say about Looter but please keep things brief and to the point.
Drake's Coffee Cake from the day-old store and watered down coffee will be served.
Based on that picture it looks like headquarters opened up a wall and spit Looter onto the pavement.
Where's the dignity in that?
It's a bloodbath at the Corporate Office today. Looter gave pink slips to most of the secretarial pool and about half of the accounting department. IT was largely spared (they continue working full steam on the HEMPSTER web sites). Marketing lost 4, Sales Administration lost 2. Even the manager of the Corporate Cafeteria was let go...something about the incoming CEO wanting more gluten free options.
The severance packages are generous and health coverage continues for 6 months so there's some upside. Looter also promised good references as long as potential employers don't mind mangled English and random punctuation.
Oh, the irony.
Looter addresses FB post about the "confusion" involving more than one Looter R Jeffries:
I'm going to start the rumor that the new CEO will be Joel Rifkin.
The complaint about Looter was that you could Google LRJ and get nothing back other than the fictitious history formulated by Eddie.
The same cannot be said of Joel Rifkin. Google away.
Like many industry titans that preceded him it is clear that Looter's recent medical scare caused him to reassess his life and his plans for the future.
Having achieved a great level of success at both PRPM and STUPID we should all commend Looter's brave and selfless decision to allow someone else to take the reigns of STUPID.
Looter's fortitude has put STUPID on the road to success. That success is limited only by our collective imaginations.
Being on the road meeting with prospective business partners followed by endless hours in the corporate office have taken its toll on Looter's health. Word is that he has decided to return to managing the dollar store where he will again have the pleasure of seeing the smiling faces of customers on a daily basis. He will also get first crack at picking through the bargain bin for dented cans of pork and beans.
Thank you, Looter. While your tenure with us was all too short, be assured that you will NEVER be forgotten.
I took a peek at the LuxHold web site to see what sort of progress has been made since we were last advised "not to pay attention to the man behind the curtain." It's all a work in progress so the stolen text, outdated deal information, etc. should be ignored.
Looks the same as it did weeks ago. I agree that since Lootie is holed up at Corporate HQ (aka his trailer) the least he could do is work on the web site.
The painkillers must prevent him from doing much of anything.
Poor Lootie.
I may stand corrected since Looter has been short on PRs and long on FB posts. I can't say with certainty that this was an official PR. But here is a link to the Farcebook version:
https://www.facebook.com/Sutimco/posts/923709750973017
Yes. Same folks (Eddie and his Cocker Spaniel) are developing and testing all of these software products.
As was pointed out when the Hempster domain "acquisition" deal was announced (Looter getting caught diluting), this does indeed sound like a repeat of the seed to sale software farce that PRPM sold to TDEY.
But this is indeed much Much MUCH different.
It's all make believe software. But it's different make believe software.
Paris. STUPID will always have Paris.
The hundreds of millions of shares were not just for the domain names. That payment was for a sophisticated web-based software platform that will cover all aspects of the cannabis industry including location of pot stores and other resources.
True enough the software will never be worked on and certainly never delivered but to keep this properly categorized as a LIE we need to remember what the payment covered.
Anyone with the ability to do even the minimum level of DD would Google Vakser's name and see what a scoundrel he is. If he really did show up at the conference in NYC who would possibly partner with or give him any funding?
SMH.
So the poor English, incorrect spelling and random punctuation tells us that Eddie wrote that FB post as well.
Looter is (wisely) concerned that publicizing his location within a predefined period of time might mean walking out of the Roosevelt Hotel wearing government issued jewelry.
Oh, and the medical issues. It was really the medical issues keeping him away.
Wilting for news. Truer words have never been spoken.
How could you possibly know what the float is?
Worst case scenario: Looter had multiple days where hundreds of millions of shares were dumped into the market.
So you just figure that the float can't possibly be over 1 Billion at this point and base your "low float" on that?
What happens when he fires up the presses and spits out another 2 Billion shares? Then you bail?
#1 on your list is "share structure."
Since the T/A is gagged and Looter ain't talking how can you base your decision making on a total unknown?
If I'm buying a used car (sight unseen) and want to know the year and mileage (two critical elements to determine value/price) and the seller refuses to answer, then I should just assume that it's a 3 year old car with 20K miles because that's what I want it to be?
Big investors would want SUTI because they:
1) See the cash flow generated by SUTI's ongoing operations? Bah.
2) See the value of the deals that Lootie has in the pipeline and they want a piece of the action? Pipedream (PUN).
3) Want a vehicle by which they can suck in ignorant/unwitting small investors? Now, that makes sense and Eddie (he's gone doncha know) would even help the big inventors print the business cards. (Vistaprint does them free!)
Arch may be right.