SUTIMCo International Inc (SUTI)

[dukeb]

I'm going to nitpick a bit. Fraudulent Conveyance would be when the entity takes its assets and moves them to another entity so that the debt holders are left with nothing.

The SCAM plan here to to just take the DEBTS and move them off the balance sheet to another entity with the assets staying behind to the benefit of the shareholders of SUTI.

The extra funny part is that the PR said that the debt holders are OK with this. Perhaps is the same bunch that is willing to exchange their free trading shares for restricted shares because all will be better off.

SUTI shareholders and debt holders are a charitable bunch, you see.