sutiterminating the contract with boost marketing aka big apple consulting. Big apple consulting owners were charged with security fraud by SEC for some other stock. SUTI no longer works with boost marketing which is good news for the company.
re; SUTI terminated their IR contract with boost marketing. 10K Highlights
3) Security Information Trading Symbol: SUTI Common Stock Outstanding: 267,644,390 (as of 12/31/2012)
Restricted Common Stock: 155,605,751 (as of 12/31/2012)
Preferred Stock Outstanding: 150,030 (as of 12/31/2012)
CUSIP Number: 86936P 20 1 Par or Stated Value: Both common and preferred stock is at $0.001 Total shares authorized: Common - Nine Hundred and Fifty Million (950,000,000) shares. Preferred - Ten Million (10,000,000) shares as of 12/31/2012. Total shares outstanding: 423,250,141 as of 12/31/2012.
On February 13, 2013 the contract with Boost Marketing LLC was terminated with 90 day notice. A settlement agreement resulted in the forgiveness of $675,000 debt and resulted in a reduction of on- going expenses by $25,000/month through end of contract.