SITS:GOOD NEWS OUT.COMPANY BOUGHT BACK 4 MILLION SHARES.FLOAT NOW
ONLY 142 MILLION.FOR A .007 STOCK IT IS VERY LOW.
4 MILLION IS A GOOD AMOUNT ON THE BUYBACK.I MOSTLY THOUGHT THEY WOULD BUY 1 TO 2 MILLION HERE AND THERE.BUT 4 MILLION ON THIS LOW FLOAT ALREADY IS A GOOD AMOUNT.ALSO PER NEWS BELOW On the business development side, SITS remains optimistic about its business development
15JUL2014
Southern ITS International, Inc. Is Announcing that it has Bought Back 4 Million Free Trading Shares
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LAS VEGAS, NV-(Marketwired, July 10, 2014) – Southern ITS International, Inc. (PINKSHEETS SITS), announced today that it has bought back 4 million free trading shares. SITS returning the shares to the treasury reduces the float from 146,816,982 to 142,816,982. At this time, SITS will not acquire additional free trading shares.
On the business development side, SITS remains optimistic about its business development and did a third contract for Evitts Resort, LLC in Maryland for the installation of cameras and audio equipment in their new expansion including a new pro shop for the golf course and parking area.