SUTIMCO International INC., Progress On Its Entrance Into The
Cannabis Sector.
CHEYENNE, WY - February 12, 2015 - InvestorsHub NewsWire -
Sutimco International Inc.
(OTC PK:
SUTI) ("The Company")
Dear Shareholders and Friends,
My Fellow Shareholders,
I’m writing today to update you
all on our current progress. We are rapidly expanding our business
plan as various opportunities are being presented daily. I’m
pleased to announce our first large scale project and further
developments in operations.
I’m very proud to start off with
announcing our first major grow operations. We are entering
into a JV agreement to fully operate large scale grow facilities in
Nevada and Washington. Mr. Frey and Mr. Lytle have begun
planning to outfit and run these operations at both location. Each
location has over 10 acres of useable land and one has an existing
50,000 sq. ft. facility. Details on location and revenue sharing
agreements will be released next week. This is a huge opportunity
for our company with first year revenue projections at over
$3,000,000.
I would also like to announce we
have brought on capacity to formulate various cannabis infused
drinks formulas such as functional beverages, energy, chill, pain
relief etc. These formulas will be produced at one central location
and shipped to finishing facilities in various legal states where
cannabis infusion will take place. We are working to
create and/or join current distribution channels in these districts
to take these type products to market. We are working to develop
relationships with various expertise in the cannabis niche product
market and link them to create finished products and use the
distribution channels to bring them to market. We are looking to
rapidly expand our footprint into as many legal states as possible
to give us an advantage once national legalization is
attained.
I have also been receiving a
great deal of questions about the prpm/suti dividend. Although it
is not yet set in stone, it appears that we may be able to move up
the record date for the dividend by 30 days. I will have a solid
date by next week’s update.
I will be updating everyone
weekly here on Facebook and by PR as we have many exciting events
happening in the near future.
Thank You
Luther Jeffries
CEO Sutimco/Protek
Other Recent Events
I would like to update you all today on the
progress of our entrance into the Cannabis Sector. We have spent a
great deal of time and hard work over the last few months preparing
our new company for entrance into the new sector. We have
cumulatively cleaned up the company’s shares structure, appointed
and replaced key positions with industry professionals, polished
our business plan to take advantage of ever changing opportunities
in this new market and are now executing our plan to gain market
share and generate revenues where we can establish leadership
and dominance in the shortest period of time. The
following are divisions of our new company that we are currently
expanding:
Supply (commercial scale grow operations).
Partnerships and Acquisitions.
Venture Capital.
Unique Niche Sector Related Products and Services.
Coffee/Head Shops.
We will now begin to share with you, weekly, the progress we are
making in these "divisions" as our company moves rapidly into its
execution phase.
We are very excited about new products we are developing and
rolling out in the "New Product Niche" division of our company. We
will be constantly experimenting and developing Edible Niche
Products for retail. Our management team sees consistent growth in
both the medical and recreational use edibles market. Edibles
provide many benefits to the medicinal and recreational cannabis
user. Benefits include a much more pleasant delivery system for the
product, extended results from equal dosage, and a more anonymous
way of consuming the product. Edible products also allow us to
develop "brands" in a niche marketplace that help gain extended
exposure for our company. Our first Eddibles product that we
are currently developing is a full line of cannabis infused food
seasons. The infused seasons will be able to be added to the
consumer’s current recipes to easily make cannabis infused meals
and deserts. Current retail pricing on premade edibles is high
making homemade items both unique and economically responsible
idea. These products (infused seasonings) will be easily produced,
delivered, and at a very favorable price point while still
maintaining solid margins.
We are also developing a line of Cannabis
Infused frozen novelty items which will include cones, frozen fruit
pops, sandwiches, and fudge pops. Sutimco will provide the retail
outlet with predetermined sized point of sale fridge/freezers that
will guarantee floor space and make product expansion
practical.
We believe edibles will prove to be very
successful for our company and rapidly expand its division within.
I will be updating all of you weekly with a closer look at each
division of our company and an overview of where extended successes
are being made.
Next week I will be announcing at least one
new partnership/acquisition as we are in talks with no less than
six new candidates. These are exciting times to be growing in such
a new and promising sector that we believe will have a tremendous
impact on economic growth in the United States over the coming
decade.
Thank You
Luther Jeffries.
CEO Sutimco/Protek
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
