SUTIMCo International Inc (SUTI)

[dukeb]

I agree that the PRs stated that SUTI purchased 2% of CANNA. Presumably this is 2% ownership of the business.

What is not known:

What consideration was paid by SUTI in return for that 2% stake. Cash? SUTI stock? Promises by Eddie that he will mop up at night? None of this has been revealed.

As any small business person knows, even assuming that there is a profit (unlikely after the federal tax burden kicks in) then there are a million ways that the operating partners can manipulate the bottom line to show a bottom line of 0. Someone drew a parallel to a movie star accepting a percentage of the NET. There is never a NET.

If you don't know how that's done then ask any 8 year old that has operated a lemonade stand.