Southern ITS International, Inc. (SITS)

[Shamantiks]

When I read the PR yesterday, I clearly read it as 1.8M shares A/S, 800M O/S. 800M + 1B remaining = 1.8B. I thought it was worded quirky, but was clear in the meaning at the same time. You would have to be a VERY wishful thinker to believe it's 1B A/S. The word REMAINING, as in, not allocated to the O/S, is what I saw.

I don't own shares, but as there's not much more room to go down, this will become a bottom play soon if not now. 1.8B A/S isn't too bad for a stinky pinky down at these levels.

The company may be shorted too, who knows, but I would agree it looks like the company dumped shares after confirming they have a ton in reserve to sell you.