SUTIMCo International Inc (SUTI)

[anian]

Nice consultation fees!!! Worth it.
On October 15, 2009, the Company entered into an agreement with Big Apple Equities, LLC (“Big
Apple”) to provide consulting services, to the Company, in the brokerage community. The consulting
agreement was assigned by Big Apple Equities, LLC to Boost Marketing on October 15, 2010. The
Company has agreed to compensate Boost Marketing $50,000 per month with the first month’s fee being
in the form of 3,334 free trading, fully vested shares of the Company’s common stock (valued at
$.01/share). Additionally, the Company has agreed to deposit 667 shares of the Company’s free-trading
common stock in an escrow account. The escrow shares are issued but are not considered outstanding.
Consulting fees expensed in the year ended December 31, 2011 totaled $600,000. These expenses were
included in general and administrative expense in the accompanying unaudited consolidated financial
statements.

On June 8, 2011, the Company entered into an unsecured debt arrangement in the form of promissory
notes, totaling $725,000, with interest at the rate of five percent (5%) per annum with Boost Marketing.
The Company has agreed to pay the principal of this note within ten (10) days following demand for
payment by Boost Marketing. These monies were previously shown in accounts payable. The balance on
the notes payable as of December 31, 2011 is $820,875.