$SUTI triple 000 Pr $0.0005 Sutimco: New Busine
Post# of 63696
Sutimco: New Business and Products Developments.
DALLAS, TX / ACCESSWIRE / June 26, 2015 / SutimCo Inc. (OTC PK: SUTI) ("The Company" Today, the company and the management announces following shareholders updates:
1. The completion of the acquisition LOI, with a target date of July 1st to sign a definitive agreement. Funding the deal by July 6th, 2015.
2. Completed a negotiation with hemp edibles group in California, with an LOI signing targeted for July 8th, 2015.
3. Began negotiations with a dispensary, growers group and a delivery services. Targeted completion date August 1st,2015.
4. New hemp energy drink and a hemp enhanced pills for wellness and male enhancement, targeted for August 2015 release.
5. New Credit card processing and encryption software to protect against identity theft and safe transactions for the consumers. (Designed for the www.Hempster.club). Target date August 2015.
6. Our representatives are being well received at the NIBA conference in Newport Beach. We are negotiating new acquisitions and have tremendous interest from the institutional investors and several hedge funds.
I'm extremely excited about the recent developments and business expansions that our company already achieved in such a short time. Ive made my commitments to the shareholders to complete the projects and grow this company and Im excited to be surrounded by a very supportive management team and a shareholder base. The support behind my leadership and ideas that I bring is whats energizing the very positive response from our investors and shareholders which enables me to expand and deliver on the commitments and promises that I made. I also would like to reiterate that we are acquiring the new deals with cash and stock. However, our shares that we use for acquisitions are 144 restricted (1 year restricted), and these deals will not interfere with our pending dividends nor will there be any need for any reverse splits. Our market capitalization is healthy and very manageable considering our plans for growth and acquisitions. Stated Mr. Saenz, CEO/SutimCo International Inc.