Replies to post #14151 on SUTIMCo International Inc (SUTI)

[tiredofwork]

Have there been successful companies with an AS at that level in anyone's experience?

[BOOSJIM]

Not necessarily. It all depends on how those shares are utilized. All we are doing is speculating. Since many posters are stating that they are going to dilute the shares, without the inside knowledge of the companies intent, would be the same as me stating that this increase is required to uplist to NASDAQ in time. Especially with the technology at their disposal. Both scenarios are just conjecture at this point. I think we alll need to sit back, relax and give them a chance to prove themselves. NOBODY KNOWS WHAT THEIR INTENT IS.

[tushiecomplete]

Not so sure about what you are trying to convey here. TYTN did the same thing very recently. Increased the AS to over 6 billion. There's something else both companies have in common. They are developing and manufacturing hard assets, AC units and tractors. They need equipment and a real facility that needs funds to accomplish this. They aren't in the software or computer business, where a start up can be run from a garage, or dorm room.

Authorized shares, for a start-up can be legitimate financing for a company that is just trying to get things going. Dealers and contracts that take some of those AS, means there are connections with the company that want to see it succeed because they have a vested interest through shares. The alternative would be to go to a bank for financing, and it appears this company has secured that avenue for potential financing also. All it boils down to is having options, as opposed to no options, and it looks like this company just may of given itself a couple of financing options.

All I'm saying is there's no need for a knee-jerk reaction to an increase in AS for a start-up company like SUTI.