SutimCo Inc. - New Business Acquisition
DALLAS, TX / ACCESSWIRE / July 27, 2023 / SutimCo Inc. (OTC PINK:SUTI) ("SUTI") (the "Company") is excited to announce the acquisition of the Distribution Company; RJR Capital Partners LLC. The RJR Group specializes in new products developments and …
DALLAS, TX / ACCESSWIRE / July 27, 2023 / SutimCo Inc. (OTC PINK:SUTI) ("SUTI") (the "Company") is excited to announce the acquisition of the Distribution Company; RJR Capital Partners LLC. The RJR Group specializes in new products developments and retail distribution for MJ based products and derivatives.
The new, wholly-owned subsidiary, are bringing new and exciting brands, as well as supplying our strategic companies such as AURI, BDGR and of course, SUTI, with their own private labels of our products.
"These are Hemp Derived Delta 9 Farm Bill 2018 compliant products, that are currently accepted in 48 US states. Some revolutionary products such as "Levity", that provides a non-alcoholic Delta -9 experience and effects, without alcohol, and its related effects, are game-changing beverages that are being sold in "non liquor store, and therefore creating and expanding a large market". Explained Edward Vakser/CEO.
The company and the branding initiative is also focused on the "Sovereign", an exclusive token for SUTI. The recent developments where FINRA awarded OTC Markets Group the distribution rights for the cryptocurrencies are very encouraging for SUTI to trade "Sovereigns" on OTC Markets. The convenience of sharing the platforms, will also facilitate easier transactions, especially paying a dividend to SUTI's shareholders.
Recently the company announced several developments: The management announce today launch of SUTI cryptocurrency, Sovern Utility Token International. (SUTI)
"We continue to expand our Mergers and Acquisitions agenda while we develop our own MJ, CBD and Hemp related products, and pursuing business deals and relationships with other leading brands, such as our recent deal with N8 Essentials. Now our clients will be able to see and buy our products at www.suti.io." Explained Edward Vakser, Chairman/CEO.
"Utilizing the safety and security protection associated with "blockchain" technology and related software, will allow SUTI to transact with its clients, suppliers and end users, without the obstacles that is normally associated with Banks and other regulated institutions. As an additional bonus, SUTI will now have its own MJ NFT's and Cryptocurrencies coming to the market at Q2. This will enhance the company's asset base, balance sheet and add to the shareholders value!" Explained Edward Vakser, CEO.