SUTIMCo International Inc (SUTI)

[dukeb]

Between the federal taxes on this assumed revenue (IRS does NOT allow deduction of ordinary business expenses such as RENT, SALARIES, UTILITIES, INSURANCE, etc.) and the "consultant fees" drawn off by Eddie and the "miscellaneous expenses" incurred by Jorge this deal will be cash flow negative for SUTI. Canna will be begging Jorge for a cash infusion within 6 months.

Let's get those 3 million in liabilities spun off pronto so there is room for new liabilities.

My best guess: if Eddie ever does come up with financing and if Canna turns a profit (both unlikely) then Eddie will foreclose on his loans and will own the dispensary...lock, stock and Ukrainian barrel.