SUTI DD Summary: Progress since new CEO took ov
Post# of 919
Posted On: 08/03/2015 9:10:01 AM
SUTI DD Summary:
Progress since new CEO took over 2 months ago:
July 1: signed definitive agreement for partnering with Canna and the City Dispensary in Portland Oregon.
July 6: target for funding for the deal - since completed.
July 8: signed Letter of Intent with hemp edibles group in California - deal now done - confirmation PR expected.
July 10: Form 8K filing showing details of finalized definitive agreement with Canna and the City.
July 28: purchase agreement finalized to acquire DMND Inc - more details about this new acquisition expected soon.
August 1: business plan with dispensary, growers group and a delivery service finaliized.
August 3: share buyback on open market announced - intent is to achieve a higher sustained stock price per share which generates stronger negotiating power during acquisitions.
Anticipated catalysts in August:
Release of new hemp energy drink and other hemp based products including pills for wellness and male enhancement.
New credit card processing and encryption software to protect against identity theft and provide safe transactions for consumers.
Ticker symbol and name change from SUTI to MJVC (Marijuana Venture Capital).
Onward and upwards for SUTI in the days, weeks and months ahead.
Progress since new CEO took over 2 months ago:
July 1: signed definitive agreement for partnering with Canna and the City Dispensary in Portland Oregon.
July 6: target for funding for the deal - since completed.
July 8: signed Letter of Intent with hemp edibles group in California - deal now done - confirmation PR expected.
July 10: Form 8K filing showing details of finalized definitive agreement with Canna and the City.
July 28: purchase agreement finalized to acquire DMND Inc - more details about this new acquisition expected soon.
August 1: business plan with dispensary, growers group and a delivery service finaliized.
August 3: share buyback on open market announced - intent is to achieve a higher sustained stock price per share which generates stronger negotiating power during acquisitions.
Anticipated catalysts in August:
Release of new hemp energy drink and other hemp based products including pills for wellness and male enhancement.
New credit card processing and encryption software to protect against identity theft and provide safe transactions for consumers.
Ticker symbol and name change from SUTI to MJVC (Marijuana Venture Capital).
Onward and upwards for SUTI in the days, weeks and months ahead.
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.