SUTIMCo International Inc (SUTI)

[dukeb]

You don't have to go very far afield to find another company that played the buyback card. SUTI "sister company" PRPM announced in the spring of 2014 that they were going to do a buyback. In fact, bi-weekly buyback status updates were promised in the interest of transparency.

Shortly thereafter anytime a block of shares would trade iHub was abuzz with pumpers saying "See that? That's a buyback trade." Looter doing what he promised to do.

In fact, there were 0 shares bought, NO buyback status updates and Eddie and (current jailbird) CEO Looter continued to dump shares.

One of the names may have changed, but the playbook remains the same.