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My belief is that since their quarterly is due out at the end of this month assuming it’s going to be on time that the market is waiting to see. Seems that it’s a short wait to see confirmation of continued growth thru two consecutive quarters being that their previous quarter was caught up and filed mere days ago. Also seeing this one filed early or on time should also show a change in filing practices. JMO
No. Nope. Nada.
Nice photos of management touring an MJ garden though on $SUTI Facebook page
Seems to not care about the progress being made with the filings or the revenues contained within the last one filed. Is it just one attorney letter away from that stop sign coming down? I do much better with everything other than otc, this feels like it was a P&D but also looks like that was done on circumstances being that the company is certainly putting a lot of time and effort into current status and transparency here, debating on buying back in but keeping myself at arms length still after months of waiting to break even and finally doing so here.
Although I’m comfortably out of this and just watching, your right about numbers. They don’t lie. Someone is getting 100’s of thousands of shares sold whether accidentally (because they are putting up loading walls that are being eaten up which spells out loading by others) or on purpose which simply means they are making their money like they should on the OTC.
In any case still feels “pumpy” to me so I’ll happily watch and kinda rooting for the company to show up here and blow it out of the water, maybe I’ll even try to jump back in at some point
Fairly certain this was a p&d irregardless of the company’s intention. Exited a little over break even after months of waiting, now I’ll watch and see if I’m right or wrong as it is obvious that the company is putting effort into getting some filings caught up but that doesn’t mean it wasn’t a group p&d on that variable in my opinion.
Could go either way.
I too observe the High Holidays, however not so much as my grandparents had. Still doesn’t make up for the issue of dragging on so many pieces into eternity simply because one is granted entry into eternity irregardless of sin.
Shh it’s silence time for management, they are napping after all their hard work. Long day of work typing up Facebook posts about fantasy filings deserves then some time off for a couple months to nap at $SUTI
If this was in fact all legitimate information that has repeatedly come out via SUTI’s Facebook page and the company has SOO much funds to spend to file this and file that and pay the otcmarkets people on and on and on THEN why aren’t they buying back stock on the open market? Simple filing stating they bought back X amount and are retiring them would make for a bit of good faith from the market. An AS decrease would do more of that buying of good faith. Yet company claims things that would require paying people like how they took a long weekend because they never take time off etc. So buy 100 million shares at .0002 and retire them, cost would be all of $20k probably less than what the claimed fee amounts are being needed by otcmarkets
Just another day in the cycle company can’t seem to get past the STOP sign, can’t seem to figure out how to reduce an AS, and can’t seem to figure out how to change the narrative at all so No Bid No Volume No Facebook Posts No change.
SUTI remains on REPEAT mode
The SS is Transfer agent verified on otcmarkets for SUTI. Last updated on 8/28/2020 so for all but the float we KNOW the numbers or the TA is liable, that’s all I know as I seriously have been scammed before on these because for some reason laws and rules seem not to apply always.
Selling of already issued and DEPOSITED shares when not current isn’t the same as “issuing” and “depositing” (there’s a massive difference between ED and ING in the english language).
Short order SUTI is a cycling joke. The EXACT same shares are going back and forth between 0001 and 0002 some making 100% profit buying at 1’s and selling at 2’s others losing trading fees buying at 1’s and dumping back at 1’s a month or two later. It’s not rocket science to see that the
OS is about 2.969 billion as of 8/28/2020 the amount held
at the DTC is 2.833 billion as of 8/28/2020 the
unrestricted is about 2.836 billion as of 8/28/2020
Restricted is 133 million as of 8/28/2020
WHICH add the 133 million and the 2.836 billion and come up with 2.969 billion - WOW!!!
Oh wait but the FLOAT is 2.836 billion as of 10/19/2016
and we know the float can NOT include the restricted so take that 133 million and add it giving us 2.969
In short THE ONLY SHARES NOT ACCOUNTED FOR AS IF 8/28/2020 ARE THE 133 MILLION RESTRICTED. If we are to assume those were somehow deposited then I’m betting they are already in the OS long ago. But pretty sure if they were then the OS would have been updated by the TA to show that since it was verified on 8/28/2020
Now I despise this game the management plays here with the circle jerk social media recycled news releases on a 6 month cycle BUT there is NO dilution here whatsoever, I’ve watched this and been stuck here long enough to realize that. Problem is that management has no financial benefit here and no new notes means no debt converters have a financial benefit here to pay for a promotion pump. And since the same handful of shares keeps getting g recycled and the majority are probably accumulated by foolish long time holders HOPING for a 2-3 exit or a huge win, there’s not enough freely trading shares to grab at .0001 for any large group to get excited about pumping this, NOR is there any solid NEW news that management hasn’t already spewed previously that’s come out to base a pump on.
SUTI isn’t going anywhere soon unless management does something surprising like reduces the AS, becomes current, or some big money comes in and takes a massive chunk of shares at 1 and 2 and then pumps this on what little there is in the way of “storyline”
He is unable to ISSUE new shares from the AS while the company is NOT reporting. I don’t have a link though it’s simply knowledge I’ve gained over time. And float and OS ARE equal when adding the restricted shares and that info is TA Verified
Thing is that NO ONE is able to deposit those free shares until this is current, not Vaskar not potential toxic lenders no one. So by basis of FINRA and the SEC and all the clearing houses out there - NO ONE is selling free shares right now since no one can, all this back and forth is is nonsense people cutting out at even that bought 1’s and those who buy them try to sell at 2’s then they can’t so they pass them back to a new person at 1’s cutting their loss in a few months. Over and over and over again month after month the same handfuls of shares are being bought at 1’s and some sell off at 2’s but most go back to 1’s to break even when the buyer gets tired of waiting to sell them at 2’s.
But let’s face it NO BID again per the historical repeat circle here
Kinda meant that it will run if he brings it current (thus making it possible for a RS to happen) and by coming current those stuck and smart will exit before the dream of .01 number
If SUTI was to get current I don’t think ANYONE here will care if he does because this company actually doing anything at all much less enough to become current would probably take this from here to .001+ on pure speculation
It can’t until it’s current, FINRA won’t approve a reverse with a stop sign up
It’s Wednesday, one heck of a long weekend. Maybe get the job done, ANY JOB, then take extra vacation time since as of yet SUTI team can’t seem to accomplish even a single task to completion so where exactly have they justified the rational to take an extended holiday.
Was just about to look but figured I’d look to the clouds instead, didn’t see any pigs flying just yet though
Don’t count on it, this is phase 3 the silent phase and it lasts 3-4 months and has hit this phase multiple times already and always follows tons of great ideas that never occurs then silence then More ideas.
Nope still actively traded just zero volume here as per the usual at this silent stage of the game. Stupid game won’t end though as it will simply restart from scratch around November or December.
It’s not waiting they are doing, it’s the silent phase. Next is the restart of the talking then the delay claiming then the silent phase again. It’s history in constant repeat here.
No. This is the silent phase and will resume the glorification media postings when a month or two have passed, ya gotta love history/story on repeat shuffle
Ummm 50k shares at .0002 the rest at bottom .0001 so even if someone sold 1’s for 2’s today that not even enough profit to buy a Happy Meal
It’s not? Guess your right $SUTI management still hasn’t gotten it current maybe Karen at OTCmarkets just needs another document or signature or filing or random letter from the company before it’s current so any time now
It’s a great holding tank for funds
It almost was but Becky at OTC asked for a document that needed a decimal point moved to be copied three times and resubmitted using a super secret fax machine number that can only be used on an odd numbered second day of a month that doesn’t end “r” so SUTI will be current soon
So in the end not much confidence in SUTI then either, all good since we all know management here won’t pull thru unless hell froze over or pigs flew wearing masks upside down carrying iPhones
Was about to say WOW on the volume but then looked at it and saw it was all DUMPED at 1’s per the usual $SUTI game so back to the normal still at the normal never leaving the normal past present future it’s ALL the same here in SUTI land
I’m confident after brokerage commissions simple aluminum cans could net more profit than trying to flip SUTI
I could make money faster putting it in a savings account at a credit union than flipping a nearly zero volume SUTI. Can’t flip 0001 to 0002 without volume and volume is VERY weak and sporadic here.
No matter what groups come in here, NO ONE seems to have the power to move this one. Part of the issue seems to be the lack of formal press that adds up, just a thought but what these groups need is for management to reduce the AS so they can blast out that piece of information then couple it with rumors of the rational a company would do that this linking into the MJ crop and lack of need to raise capital and tight float etc etc and then when SUTI ends up current that’s a huge deal to pump into the rumors or profitability and up listing and dividends and so on and so on BUT so far NO groups have that power to begin a climb and SUTI won’t see upward momentum past 2’s without that power because until people see 3’s flying they will keep their 1 and 2s for sale 1-2 ticks over.
What I’d have done, add a little bit of shareholder “value” by doing a very simple task such as lowering an AS count. Might not mean much in the end but to the average buyer and seller that number is the end game number and it’s a bit HIGH, plenty of pun intended there and to those that tout such a “great” play, why look for .0001 when there are plenty of 2’s? Are 2’s the sucker buy? If not why not load the boat with 2’s and enjoy the magical ride to the mystical $SUTI penny?
Lot confused here, so why do they need a website when they aren’t able to draw any attention to their Facebook or public stock now? Is there some magical way to get people to care about another weed selling company in an already over saturated weed market?
While everyone is playing for a penny, play for .0002 sell Lol
So in other words what “horse” is this referring to now? Reality check, this management and their updates on Facebook don’t always seem to match up with any particular ticker symbol but yet they always seem to hold a little riddler in them. Games and more games at $SUTI this is the only guarantee
Might be impressed but there’s 300 million left. Go $SUTI
Just saw a cow flying overhead so this must be true go $SUTI
All this shows is that SUTI would move up IF the management had ANYTHING solid for the market to believe in here. Sadly it’s always the same storyline and that storyline is BORING
Gonna go out on a very short limb here and say not a lot of chance anything happens until “next week” - we can cut and paste this next week too.