SUTIMCO International INC Announces Its First Acquisition for 2015. 

CHEYENNE, WY -- February 25th, 2015 -- InvestorsHub NewsWire -- SutimCo Inc.  (OTC PK: SUTI) ("The Company")

     The Company signed an acquisition agreement with www.hempster.club and www.hempster.rocks . These new concepts Social Networks and Phone Apps, once developed, will enhance the communication and information gathering, sharing and dissemination among its members, users and supply chain vendors. The Company plans to launch these for Q3 and Q4 2015. The Company paid 150 million in free trading 144 common stock shares and 100 million in restricted 144 stock.

 “These shares are under a lock up agreement for 2 years, and are subject to all “insider” leak out and sale restrictions.   

       The intent for getting in early on the social media and software part of the marketing is to “stake out” our own territories in this new and emerging market space. It is not known how the Federal Government will address all these issues with more and more states legalizing the medicinal and recreational use. We, however, feel that being an early stage developer and adopters of these technologies can enhance our companies’ efforts to become a major players in this field. ” stated Luther Jeffries, CEO

 

     In 2014, Luxuriant Holdings Inc., (an acquisition that SUTIMCO Inc made), began developing “pilot” programs and locations for the anticipated roll out of more states legalizing the medicinal and then recreational use. The new Dallas location and company’s new Medical Tsar will be announced at February 27th, Press Release and Interviews.

 

“Friday (February 21st, 2015) marked the day that two congressmen, Rep. Jared Polis (D-Colo.) and Rep. Earl Blumenauer (D.Ore.) Introduced two bills that would essentially legalize, regulate and tax marijuana at the federal level and thus ending the U.S. government’s prohibition of the plant.Rep. Polis introduced   the Regulate Marijuana Like Alcohol Act, which looks to take marijuana off of the Controlled Substances Act’s schedules, transfers oversight of the substance from the Drug Enforcement Administration (DEA) over to the Bureau of Alcohol, Tobacco, Firearms and Explosives, and regulates marijuana in the same   ways that alcohol and tobacco is currently regulated. Furthermore, Rep. Blumenauer introduced his own Marijuana Tax Revenue Act, which would set up a federal excise tax for regulated marijuana…”

 

      The company’s management feels vindicated and is even more excited about its direction and plan. Over 23 new states have now passed legislation for legalizing and more are announcing on their intent to do likewise. As the business developers, we are constantly reminded of the possibilities of current or a new administration reversing the course. We are also aware of constant speculation in the markets and the shareholders fear of whether or not the company’s plan could be shut down if the Feds reverse the state laws. 

 

       Friday, Rep. Polis stated, “While President Obama and the Justice Department have allowed the will of voters in states like Colorado and 22 other jurisdictions to move forward, small business owners, medical marijuana patients, and others who follow state laws still live with the fear that a new administration, or this one, could reverse course and turn them into criminals… It is time for us to replace the failed prohibition with a regulatory system that works and let states and municipalities decide for themselves if they want, or don’t want, to have legal marijuana within their borders.”

 

       Sutimco will continue to seek out any and all niche areas of the cannabis sector. The company’s ultimate goal is to establish a footprint in as many legal jurisdictions as possible prior the 2016 presidential elections as we believe this will be the turning point in legalization at the federal level. Making the company attractive for either a buy out from a larger player such as big tobacco, or the leap point for rapid deployment of niche products nationwide.

Other Recent Events:

SUTIMCO International INC Announces Its First JV Shared Grow Agreement.

 

   Sutimco International announced today that it has entered into its first JV MARIJUANA GROW agreement to plan, outfit, start up, manage, and handle distribution.  The company plans to have its first greenhouses fully operational and growing within six months of breaking ground. "We are very excited about this tremendous opportunity to rapidly enter the supply market with a substantial ROI, and at a very low cost to our company and its shareholders.

 

   Recently, the company negotiated several new “medicinal” distribution locations that the management have been developing since 2014. Along with the new JV’s for growing, this is on track to eventually have representation and a foothold in every state and province as the law allows.

e development of the new social media and phone apps that will enhance the member’s experience and information exchange in the Marijuana Market sectors.

“As the licensing, rules and regulations become country wide and user friendly, we hope to become an early adopters and developers to share the information and develop platforms for communication in this exciting new market. We feel that people should have ready access to the information and the service community that represents the supply chain and vendor information in Marijuana Markets. The enhanced “Social Network” such as  www.Hempster.club, will feature social commentary on the products and services available worldwide, as well as the products availability, current rules and regulations and product and services reviews. Some new and developed territories will connect the users and suppliers while others will offer information on the new and coming legislature and local voting processes and developments. This will position our company as the leader in this new and growing industry.”

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.

 

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