SUTIMCo International Inc (SUTI)

[JLPTNG]

Updates from their Skype room:

Hi All, review the filings and specifically Note 9 - We disturbed by the fact that 115K was converted into 49 Million shares. This would make the conversion price at $0.002 and we believe this is out right wrong and dishonest by the company on how they handled this. Rough calculations show now probably float of about 65 M (16M June 30 plus 49M conversion) which is still very manageable here for this price level. But and explanation is required here and I think the company does need to come out with an explanation and some answers. We are definitely going to have a discussion with them for an explanation. Will keep you posted. thx

We have reviewed note 9 ,and we believe this is wrong , a company must protect share holders ,during this time frame they were covering at 0.002 the stock was sitting over 0.02 most days ,these are things as a promoter disturb us deeply ,we need now to get assurances from them that this will not happen again ,and also some sort of action by them to help correct this shamble they created ,this is nothing more then being dis honest ,on a further note to some here that i know did not agree with our news letter of Friday night where we stated we are backing off on profiling $SUTI till we have answers ,well we received today this information simply we believe because we refused to profile this pick further till we had answers ,and they agreed to give us disclosure on the 14 th or 15 th ,and they have ,now at least we know the truth ,let this be a lesson to some ,at times ,one must stop and ask for answer ,and let them know we are all not blind here ,now the next answer they need to give us is a correction .how there going to correct this

Reference to Note 9:

NOTE 9 – SUBSEQUENT EVENTS SUTI
On June 22, 2012, Sutimco International, Inc. signed an Agreement with Redwood Management, LLC
whereby Redwood Management LLC agreed to pay, on behalf of Sutimco International, Inc., $115,414 of
outstanding debt and invest an additional $40,000 directly into Sutimco. As of August 13, 2012,
Redwood Management, LLC has converted on the entirety of the $115,414 debt and as a result, the
Company has issued 49,118,146 shares of common stock.