SUTIMCO International INC achieves “CURRENT” status on OTC
Markets; introduces a new Direction, business plan and future
market development for the company.
DALLAS, TX – JANUARY 22nd, 2015, – SutimCo Inc.
(OTC PK:
SUTI) ("The Company")
Dear Shareholders and Friends,
I would like to take this
opportunity to update all of you to our reworked business plan for
2015. Our purchase of SutimCo has given us the opportunity to
enhance and reward our Protek shareholders,
and also allows us to expand and refine our
existing business plan going forward. We now have two
separate entities that will follow their own business plans and
directions. This new development will also allow the management the
flexibilities and open new opportunities that are mutually
beneficial for both companies.
The following are areas we aggressively acquiring partnerships and
starting ground up operations. The goal and our planning is
to aggressively infiltrate these areas and market segments
immediately.
1.) Cannabis Growth/Supply - First and foremost we are
aggressively entering the "grow"
marketplace through
partnership/acquisitions and startups. I am currently in
negotiations and openly looking
for existing
growing opportunities. Michael Frey, Bruce Lytle and I are
planning and designing a state of the art grow facility
with a long term focus on "oil" production as we foresee future
growth and the potential for the greatest margins in this
arena.
2.) Growth Through Acquisition - We currently have deals on the
table and will be constantly looking to acquire new
"partners" in the Cannabis sector to rapidly expand our footprint
and area of influence in the industry. Our goal is to have an
interest in every legal medical use state by the next presidential
election.
3.) Venture Capital Funding-We will continue our initial focus
on Venture Capital as the banking industry has failed to come on
board to date in this rapidly expanding industry. We also believe
there are niche sub sectors being missed
out on such as simplified day to day banking issues such as payment
processing and cash management that we will address.
4.) Coffee/Head Shop -This was a pet project for me and I still
believe an idea before its time. We
are looking for the perfect
location in Colorado for our first shop. This will be the
"Starbucks of cannabis" and will at first
allow for a high end shopping experience with the opportunity to
have a cup of the finest coffees and teas available, eventually as
laws catch up transforming into the Amsterdam style coffee shop
where cannabis can be consumed on premise.
This will be our immediate focus for 2015 and will continue to
adjust as opportunities
present themselves. We
have currently attained adequate shareholder friendly funding for
the foreseeable future, and are in the process for the
dividend distribution of SUTI shares to our ProTek shareholders.
Once we receive the approval from FINRA, the Dividend
record date and the details will be announced. At this
point, the management agreed on April 15th. (This is the date
that we will use as a dividend payout. Any
share holder holding ProTek Capital Inc., shares will receive a
dividend in a form of SUTI shares.)
*Getting our House in order:
1. Post-Acquisition, our management re domiciled the company to
Wyoming.( saving the company on “tax” on the OS, and reducing
massive yearly filling fees)
2. The Board Lowered the Shares Outstanding (OS) from 5.5Billion
to 2B.
3. Entered a new and dynamic market space. (Cannabis and Medical
Marijuana.)
4. Expanded the Board with industry leaders and great business
people. (Actual business owners and growers).
5. Maintaining a tight and manageable float. (Less than 150
million)
6. Locked up over 500 million “insiders”, officers and directors
shares.(under 2 year no trading restriction and locked up in a
certificate form.)
“I am very excited with these new
developments and the momentum we are building moving
forward. I and our Management will continue to
work hard towards the execution of our goals and business plans to
achieve our objective creating a greater shareholders value and
building confidence in our business model and our company. We will
strive for complete transparency and will update the shareholders
with announcements over the coming weeks. This is a very exciting
time for our company, and I feel that our time for success has
come!”
Thank You
Luther Jeffries.
About Sutimco International Inc.
Sutimco Inc , is a development corporation with a focus and
design to enter a new and
emerging
Medicinal and Recreational use Marijuana market sectors. The
company is developing relationships and contracts with
product and service providers that cover all aspects of this market
sector.
Forward-Looking Statements: The information posted in this
release may contain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. You can
identify these statements by use of the words "may," "will,"
"should," "plans," "expects," "anticipates," "continue,"
"estimate," "project," "intend," and similar expressions.
Forward-looking statements involve risks and uncertainties that
could cause actual results to differ materially from those
projected or anticipated. These risks and uncertainties include,
but are not limited to, general economic and business conditions,
effects of continued geopolitical unrest and regional conflicts,
competition, changes in technology and methods of marketing, delays
in completing various engineering and manufacturing programs,
changes in customer order patterns, changes in product mix,
continued success in technological advances and delivering
technological innovations, shortages in components, production
delays due to performance quality issues with outsourced
components, and various other factors beyond the Company's
control.
This release includes “forward-looking statements” within the
meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934. Certain statements set forth in
this press release constitute "forward-looking statements.”
Forward-looking statements include, without limitation, any
statement that may predict, forecast, indicate, or imply future
results, performance or achievements, and
may contain the words "estimate", "project", "intend",
"forecast", "anticipate", "plan", "planning", "expect", "believe",
"will likely", "should", "could", "would", "may" or words or
expressions of similar meaning. Such statements are not guarantees
of future performance and are subject to risks and uncertainties
that could cause the company's actual results and financial
position to differ materially from those included within the
forward-looking statements. Forward-looking statements involve
risks and uncertainties, including those relating to the Company's
ability to grow its business. Actual results may differ materially
from the results predicted and reported results should not be
considered as an indication of future performance. The potential
risks and uncertainties include, among others, the Company's
limited operating history, the limited financial resources, and
domestic or global economic conditions -- activities of competitors
and the presence of new or additional competition and conditions of
equity markets.
sutimcoceo@gmail.com
https://www.facebook.com/Sutimco
