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SUTIMCO International INC Achieves "CURRENT" Status on OTC Markets; Introduces a New Direction, Business Plan and Future Market

Thursday, 22 January 2015 08:45 AM

SutimCo Inc.

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DALLAS, TX / ACCESSWIRE / January 22, 2015 / SutimCo Inc. (OTC: 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.

Contact Information:

[email protected]
https://www.facebook.com/Sutimco

 

SOURCE: Sutimco International Inc.

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