SUTIMCo International Inc (SUTI)

[Kool Aid Man]

SutimCo Provides New Business Development and Shareholder Updates Newsfile Corp. June 4, 2020

...The management re formatted and updated its disclosure and financial file for the OTC Markets. The plan is to re file everything in the next 10 days. Once OTC Markets approves the filings, the company intends to file for an up listing to OTCQB and reducing its AS. (Authorized Shares)

https://www.yahoo.com/now/sutimco-provides-business-development-shareholder-124500386.html

And--

SutimCo Inc. Announces Blockchain Software Acquisition and NFT Developments February 22, 2022

...On a special note, the management was able to retire several debt notes from previous owners and reduce the OS. The exact share number is almost at one billion shares, and the final count is yet to be determined. The management will follow up on the next update.
https://www.globenewswire.com/news-release/2022/02/22/2389379/0/en/SutimCo-Inc-Announces-Blockchain-Software-Acquisition-and-NFT-Developments.html

Mind you, in 2015 he reduced the A/S from 5.5 billion to 2 billion... then systematically quadrupled it back up to 8 billion. https://sec.report/otc/financial-report/135948

And don't forget SUTI's "sister ticker" (the one he claimed was in a "horse race" with to see which would be Pink Current first)--

A/S Share Reduction / O/S Restructure Developments - PBS Holding Inc., (PBHG) New Shareholders Updates Jan 27, 2020

PBS Holding Inc., is pleased to announce major share structure changes and restructure of the company's Authorized Shares, (A/S) and Outstanding Shares (O/S). The management will post the new count with the OTC Markets filings, and the SOS WY will do likewise.

"We will retire over 1 billion of O/S in reserve and lower the A/S by over 60%. The exact numbers will be published as well as announced on next week's updates and PR. Also, the management is interviewing a PCAOB CPA firm to complete audited financials in anticipation for this year's growth and enhance shareholders value with transparency," stated Edward Vakser, Chairman/CEO. https://www.prnewswire.com/news-releases/as-share-reduction--os-restructure-developments---pbs-holding-inc-pbhg-new-shareholders-updates-300990282.html