SUTI IS A VAKSER SCAM with Mr Saenz acting as Eddie Vakser's sock puppet. Vakser took over SUTI in July 2014. http://www.otcmarkets.com/financialReportViewer?symbol=SUTI&id=125485 Oct. 2014, Eddie reverse split SUTI 1 to 100 which brought outstanding shares down to around 54million. Today there are over 2.4billion SUTI shares outstanding,$4.5million in liabilities, $234 cash, and two ridiculous $10 domain names for which Vakser was paid 250,000,000 SUTI shares. http://www.otcmarkets.com/financialReportViewer?symbol=SUTI&id=125485 Eddie has a spoiled name in stock circles so he goes to lengths to hide it from investors. Today he is merely mentioned as a consultant but rest assured he and his family and accomplices have total control over what goes on here. Mr Saenz seems a fairly nice guy but is window dressing to help obfuscate Vakser's name. Vakser has a long history of scamming innocent folks' money. Here is a site dedicated to scam which goes back several years but will give the investor an idea of what to expect with SUTI: http://www.realscam.com/f9/eddie-vakser-international-galleries-scam-650/ http://www.scam.com/showthread.php?34855-Artfest-Myartfest-Artchannel-Galleries-Vakser-Scam Pretty serious when there are websites dedicated to the scamster! There are other sites if one looks.
Mr Saenz does bring some pump and dump potential to SUTI as he has been interested in marijuana business for a few years, which is why he is here at Eddie's bidding, but a look at Vakser's history will show that he always uses any person/agenda/means he can come up with to sell shares by the billions and never have a profitable quarter, usually $0 earnings which makes it easier to fill out the filings. Take a look at last year's Vakser pump of sister stock, PRPM. Vakser hired Luther Jeffries straight off the stock chat boards to front the company and even published a false bio stating that Luther was upper management for corporations when Luther had been working at a Dollar Store which he robbed and then lost his CEO position and was arrested hours later after his resignation, partly due to good due diligence done by some concerned chat members here, and possibly a setup by Eddie. $200mil was projected as revenue in the PRPM bait PR, $0 revenue was reported in the filings. The company was placed under a global lock which caused many investors to become unable to sell and they had to sit back and watch as the share price fell to no bid. http://www.otcmarkets.com/stock/PRPM/news
Anyway, all throughout the year Luther would post that "Vakser is gone." A look at the PRPM filing a year later finds that Vakser is currently director, he's still here, he's always still here. If he's not listed as director, ceo, board member, he will be behind the scenes in the preferred shares. http://www.otcmarkets.com/financialReportViewer?symbol=PRPM&id=140378 The investor should ask, if Jorge Saenz has good prospects in making it in the marijuana field why would he attach himself to a company with a known scam artist Vakser behind the scenes? What attraction could there possibly be in a company with $4.5mil in debt, $234 cash on hand, and shares rapidly approaching the authorized shares limit? How can Vakser's SUTI borrow money from Vakser's BV Remenstein? How could Vakser's TDEY buy software from Vakser's PRPM last year? Why doesn't the sale show as revenue in the filings or is it somehow attached in the preferred shares? How could Vakser's PRPM merge with Vakser's SUTI? This is all very self-centered/controlled business which looks pretty sketchy to me. There are other Vakser companies that I don't keep up with that probably do the same thing, I've only been here a year or so. If still interested, read some the the truly great due diligence by KAM(Kool Aid Man) and Sgt. Pepper, they know WAY MORE about Vakser than probably any investor knows. There are people here who know how to play the pump and dump and will assist the company until they cash out with money from those who do not know what is going on. The game is rigged. It's musical chairs with money. It's all based on safe-harbored forward-looking intentionally misleading lies. Those with cheap shares will say it's gong to copper or silver or anything that might draw a higher share price but in the long run the share price always goes back to no bid - $.0001 but Eddie makes money no matter what the share price is. Do not think this will be a successful long term investment, it is nothing but a short-term pump and dump... Thoughts?
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