SUTIMCo International Inc (SUTI)

[RCL Cruiser]

Well we now know where all those big block sales came from. The 49 million shares were sold for a nice profit since they were converted at .002. The company should explain to shareholders why they did that. The only positive now is that the shares do appear to be liquidated and the price can now trade higher or lower based on investor demand. The float being higher at over 60 million does not bother me too much. That is not a lot of shares in penny land.

On a positive note we at least know how the company is doing fiscally. It has sales and it has profits. That is unusual in penny land. Most have a promise of sales and profits but very rarely deliver.

Let see how the days trading develops.