Replies to post #34539 on SUTIMCo International Inc (SUTI)

[MrBoomtown]

$SUTI MR Boomtown luv this one !Gunna run hard imo.

[MODiFiEDZ]

I hope SUTI can get to pennies per share....They are going to need to lay off dilution & become profitable while eliminating debt.

The CEO over there is retiring shares though, kinda the opposite of what's going on here.
1B retired a month ago with plans to retire up to 2B more, the AS was increased only to prevent a hostile takeover (not as a source of funding) & the CEO currently holds 55% of the AS with no plans to sell, just waiting for the right moment to retire more shares to help stay over .10 to uplist to OTCQX.
Revenues are rapidly growing since the restart of the company about 9 months ago, no need to sell shares since there is almost no overhead costs, it's all electronic. Working with Chase, Bank of America, Intuit, Cardinal Commerce, ZipMark, QTS, Itonis, VX Gateway, iCard1, GreenPay, InterPay, Bank of Kentucky....the list goes on. Mobile payment apps are released next month for another source of revenue with minimal overhead.
It was once a NASDAQ company going back to its origin next year.