New Business developments and Shareholders Update

DALLAS, TX -- June 23, 2015 -- SutimCo Inc. (OTC PK: SUTI) ("The Company") Today, the company secured a new office and operations headquarters for the Cannabis/MJ development for the Texas area. The new location is: 507 Main st. Suite A Lake Dallas, TX 75065.

 

The company is in the process of launching a new website and is filing for the new name change as well as the ticker symbol change to reflect and define the companys identity and the new business direction.

 

Recently, the Governor Abbott of Texas signed medicinal marijuana bill that will allow Texas to enter into the Cannabis/MJ market segment. This new development confirms and reinforces our companys plan to establish operations and businesses in as many states as possible. Some of the states already approved medicinal use and some of the states are moving towards recreational use and even a full legalization.

 

We want to establish a great foundation and become early adopters of this market space and stake out our territories while continue on the path of expansion and new business developments. We will focus on rebranding our company and focus on becoming a new market leader in the Cannabis and Marijuana market sectors. Stated Mr.Saez , CEO of Sutimco International Inc.

 

Recently, the company announced the following:

 

The company is on a fast track to empower its management and the new CEO with a

structured funding via line of credit and asset based lending.

Today the company has entered into negotiations with a private funding group BV Remenstein and its equity partners. Several investors already hold a substantial position with the company and its investors. The deal will allow the management and the CEO to draw upon a first round of funding with a commitment of up to $ 1.2 million. The

Deal is structured so that the company is not pressured by any toxic financing via convertible notes or debentures. The management will travel to the NIBA convention June 24th thru 27th in Newport Beach CA., in order to complete the deals and launch several acquisitions.

 

We want to take advantage of the opportunities and deals that the new and emerging Cannabis/MJ markets have to offer. I feel confident that we can grow this company and complete the projects that I bring to our shareholders without taking aggressive toxic financing or heavy burden of debt. The timing for this development is perfect, as it comes right on the heels of our management reducing the current burden of debt and liabilities via spin off of our SutiMco past business model and its business into the private sector. These new investors support our business plan and want to ensure that our financing structures do not pressure our stock and our ability to grow the company while maintaining the shareholders value and our PPS. Stated Mr. Saenz, CEO / Sutimco International Inc.

 

Thank you,

The Management, Sutimco Inc.

Some of the best recent Quotes:

In strict medical terms marijuana is far safer than many foods we commonly consume. For example, eating 10 raw potatoes can result in a toxic response. By comparison, it is physically impossible to eat enough marijuana to induce death. Marijuana in its natural form is one of the safest therapeutically active substances known to man. By any measure of rational analysis marijuana can be safely used within the supervised routine of medical care.

 

[DEA Administrative Law Judge - 1988]

Francis Young

 

"When I was a kid I inhaled frequently. That was the point."

- Barack Obama, U.S. President quote on Marijuana

 

"I enjoy smoking cannabis and see no harm in it".

- Jennifer Aniston quote on Marijuana

 

"At the end of 2014, 15,992 people were licensed to work in the marijuana industry in Colorado alone, an increase of 143% over the previous year."

 

"A recent report from The ArcView Group, a cannabis research and investment firm, dubbed legal marijuana the fastest-growing industry in the U.S. and valued it at $2.4 billion in 2014 - the year legal, recreational marijuana sales first started in Colorado. ArcView is expecting the industry to grow by another 32% this year."

 

I think people need to be educated to the fact that marijuana is not a drug. Marijuana is a flower. God put it here Willie Nelson

 

"'2014 was the year where the cannabis industry went from being an interesting casual conversation to something any serious business person has given a fleeting thought,' said Troy Dayton, cofounder of The ArcView Group."

 

"Unlike other new industries, the demand for cannabis and related products already exists, driving the sector's rapid growth. The industry grew from $1.5 billion in 2013 to $2.7 billion in 2014 - a 74% increase in one year, according to The ArcView Group's latest market analysis report."

 

Federal and state laws (should) be changed to no longer make it a crime to possess marijuana for private use.

Richard M. Nixon

 

About Sutimco Inc.

 

Sutimco Inc., is a development corporation with a focus and design to enter a new and emerging Medicinal and Recreational use Marijuana and Cannabis market sectors. The company is developing relationships and contracts with product and service providers that cover all aspects of this new and emerging 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: stassan@sutimcointernational.com

 

 

 

 

 

 

 

 

 

 

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