Value Microcaps Zip Code Changers

[Potse]

SUIP(.045)...shell, change in control....

6.9M shares outstanding
5.5M float
$310K market cap

I continue to hold a full/large position in the SUIP shell. The recent change in control should advance SUIP closer to making a reverse merger transaction.

The usual shell/RM risks apply here: any excessive or abnormal pre/post-RM dilution, any unattractive financings, etc. But if the new/current CEO handles things reasonably well, the potential for nice upside exists here, IMO.

My guess/speculation over on the SUIP message board is that the RM target for SUIP is a medical device company (ambulatory medical devices) in Canada (Event Cardio Group). According to that particular company's website and the below article, Event Cardio Group will be applying for marketing approval for both Canada and the United States during 2015. Engineering design and development of its product(s) is being done by Contex Engineering Canada.

http://www.eventcardiogroup.com/Products
http://www.niagarahealthday.com/presenter-nicholas-bozza/