$SUTI Looks like a nice structured acquisition below....
They are current in nevada as well
950 Million conformed
In April of 2011, the Company completed the acquisition of SUTIMCo, Inc. (www.SUTI.com) a provider
of management services and infrastructure for emerging technology companies based in Santa Ana, CA.
As part of the agreement, AquaStar Holdings has acquired 100% of the shares of SUTIMCo Inc. in
exchange for $9,500,000, payable in $4,000,000 of preferred stock in AquaStar Holdings and $5,500,000
in cash to be paid within a 24 month period from the date of closing. SUTI Holdings has presently
converted $1 million of their preferred shares into common shares of the Company. The Company's first
objective will be to negotiate and secure new financing to support the growth and product development of
the university developed technologies that SUTIMCo manages.
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