SutimCo Provides New Business Development And
Shareholder Updates
DALLAS, TX --
June 4,
2020 -- InvestorsHub
NewsWire -- SutimCo Inc. (OTC PINK:
SUTI) ("SUTI")
("The Company")
is pleased to announce to
secured a web based, mobile app
enabled processing software for its MJ and other B to B and person
to person banking processing and safe transactions alternative. This universal software can handle any
currency and transactions, including but not limited to digital
currency and international currencies.
"This software
package and solution, the
management and I believe, offers a solution for a safe encrypted
transactions and security for all commerce related
transactions. Our company
is focused on specific
market segment and genre, MJ, CBD and Hemp related markets and industry,
however, this will work for any business models and other markets
and we hope to sell, trade, process or even license and private
label this software asset to as many other companies that may show
interest in this, what we believe will become, a game changing
revolutionary processing software. Not to mention that we already
set up deals with several public companies that we have financial
interests in" stated Mr. Edward Vakser, SUTI CEO.
The management
re formatted and updated its disclosure and financial file for the
OTC Markets. The plan is to re file everything in the next 10 days.
Once OTC Markets approves the filings, the company intends to file
for an up listing to OTCQB and reducing its AS. (Authorized Shares)
The company
recently announced several business developments, and while the
country did suffer from a "shut down", the programmers and the
management continued their objectives and completing the business
development and milestones. Here is the recap of last
updates posted in January
2020:
The
Management is pleased to
announce the new deal with PBS Holding Inc., and Greenbriar MJ
Ventures. The company and its representatives had a very productive
visit with the MJ growers in Oklahoma, and representatives of PBS
Holding Inc. The deal is focused on SUTI setting up financing,
distribution and banking for the MJ industry and the digital
currency, banking and processing. The "Harvest" Insurance guarantee
and the bonding is said to be worth at least $ 10 Million US, per
occurrence, insuring income regardless of crop failure, acts of
God, or other related issues. Our self-financed digital currency/crypto
currency concept is being relaunched this year due to enormous
growth and expansion in the MJ industry.
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 guaranteeing 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.
Contact:
Edward Vakser at: (214)-418-6940
Email:
ceo@sutiholdings.com
Website:
www.sutiholdings.com
SUTIMco (CE) (USOTC:SUTI)
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De Oct 2024 a Nov 2024
SUTIMco (CE) (USOTC:SUTI)
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De Nov 2023 a Nov 2024
