Saturday, August 01, 2015 12:00:41 AM
The terms of the sale include SutimCo acquiring a block of Class “A” Preferred and 144 common stock in exchange for 150,000,000 shares of SutiMco International Inc., 144 common stock. The shares acquired equal over 100% of the common voting rights of DMND INC. DMND Inc., located in Newport Beach California, are manufacturers of diverse hemp products and have the licensing and manufacturing rights for
distribution. This will allow SutimCo to have the opportunity to brand such products. DMND Inc. will be our wholly owned subsidiary.
SO THEY ARE BUYING BACK 150 MILLION SHARES? NOT BAD
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