Replies to post #100320 on SUTIMCo International Inc (SUTI)

[MIKEY501]

Im loading the bottom prices here on any dip DD! Cheers!

$SUTI

[Kool Aid Man]

"Share reduction"???...read this...

Dallas, Texas--(Newsfile Corp. - June 4, 2020) - SutimCo Inc. (OTC Pink: SUTI) ("SUTI") ("The Company") is pleased to announce it has secured a web based, mobile app enabled processing software for its MJ and other B to B and person to person banking processing and safe transactions alternative. This universal software can handle any currency and transactions, including but not limited to digital currency and international currencies.

"This software package and solution, the management and I believe, offers a solution for a safe encrypted transactions and security for all commerce related transactions. Our company is focused on specific market segment and genre, MJ, CBD and Hemp related markets and industry, however, this will work for any business models and other markets and we hope to sell, trade, process or even license and private label this software asset to as many other companies that may show interest in this, what we believe will become, a game changing revolutionary processing software. Not to mention that we already set up deals with several public companies that we have financial interests in," stated Mr. Edward Vakser, SUTI CEO.

The management re formatted and updated its disclosure and financial file for the OTC Markets. The plan is to re file everything in the next 10 days. Once OTC Markets approves the filings, the company intends to file for an up listing to OTCQB and reducing its AS. (Authorized Shares)...
https://finance.yahoo.com/news/sutimco-provides-business-development-shareholder-124500386.html

That BS is nearly 14 months old. Just look at the financials. Clearly N-O-T-H-I-N-G he promised came to pass. Moreover--

Not only is Eddie not reducing shares.. he's blowing up the O/S! His most recent disclosure (Q1 2021) reported--

Total shares authorized: 8,000,000,000 as of date: 03/31/21
Total shares outstanding: 2,969,209,834 as of date: 03/31/21

As of today, the T/A "verified" O/S is 4,324,209,834 --an increase of +45.64% since April 1st.[/color]

Eddie has already burned thru more than 1/2 the A/S and has nothing to show for it. He also reports SUTI has a paltry "54 shareholders of record as of 03/16/21. The odds of this turd ever qualifying for NASDAQ are zero.