Shares of SUTIMCo International Inc. (PINK: SUTI), a holding company providing experienced management to early stage companies, have risen sharply in early trading today.
At last check, SUTI shares were trading 18.90% higher at $0.119 on above average volume of 1.87 million.
SUTI shares are climbing in trading today after the company announced that it began the evaluation process on four new university projects for its Multimedia business unit,
SUTI’s Multimedia business unit is currently assessing a social navigation network. The network has a unique application in the online mapping market segment. The unit is also evaluating a sports interactive television technology, an interactive eBook technology and a new interactive touch screen game.
Apart from Media and Entertainment, SUTIMCo plans to operate business units in the areas of Quality of Lifem Alternative Energy, Food Safety, Environmental Technologies, and Advanced Material.
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