- Business
- SUTIMCo International, Inc. SUTIMCo International, Inc. (SUTI) operates as a multi-project business development enterprise that creates new technology companies from patented university innovations; the company develops operating companies, pre-funding stage ventures, and projects in the development process, utilizing a platform to launch technology enterprises based on university research-developed technologies including areas such as quality of life, water technologies via its AquaStar Corporation subsidiary, media and entertainment, food safety, and skin and wound care. Headquartered in Santa Ana, California, with listings indicating operations potentially extending to Cheyenne, Wyoming, SUTIMCo focuses on strategic mergers and acquisitions of revenue-producing companies, particularly in green technologies, energy, software development, secured digital currencies, NFTs, non-fungible assets on blockchain for banking and merchandising, as well as medicinal and recreational marijuana and cannabis sectors where it fosters provider relationships and develops digital solutions. Founded in 2006, the company provides experienced management to early-stage entities to reduce business failure risks and pursues exits through growth and market paths. In a significant recent development as of September 13, 2023, SUTIMCo International, Inc. became a wholly owned subsidiary of Auri, Inc. Auri, Inc. (AURI) through an acquisition that supports Auri's vertical integration strategy, incorporating SUTIMCo alongside entities like PRPM and BDGR to enhance combined revenues, inventory contributions, and NASDAQ uplisting ambitions; prior activities included pursuits of mergers in MJ-related products via acquisitions like RJR Capital Partners LLC for distribution and private label offerings, alongside plans to restructure university technology agreements and secure at least 20 new university-based technologies over targeted periods. These changes position SUTIMCo within Auri's roll-up of value-based suppliers and vertically integrated businesses, including hemp and MJ operations, while maintaining its ticker and contributing to consolidated market capitalization and product lines such as the emp-Dived Smartroom enhanced by SENDS™ technology.