Southern ITS International, Inc. (SITS)

[Sammy_1]

WHY SITS IS WORTH MORE THAN A PENNY~



Website: http://www.southern-its.com/

Brief summary:

The Company's operations consist of providing turnkey integration of electronic security systems for various types of industries, such as transportation, gaming and other secure operations in both government and private sectors. The integration includes surveillance, access control, network infrastructure, data com and fire and burglar alarm systems. Today, security technologies are evolving rapidly and require remote access through various networks, firewalls and internet security. Surveillance systems and access control are all network-dependent and work best for the end user when they are completely integrated. The Company's mission is to provide a complete integration of the various electronic security systems with the computer networks that they are dependent upon and ensuring that the systems will remain secure from potential cyber attack.

With our combined experience of over 70 years, Southern ITS and its team has the capacity to lead you through each and every step required for the complete design and installation of all network systems. These steps include the system specifications, design, cable infrastructure installation, system installation, system training and technical support.

Southern ITS Inc is highly qualified and experienced in all aspects of the low voltage systems industry. We have a firsthand knowledge of local codes and an excellent rapport with local agencies such as the Mississippi Gaming Commission.
Southern ITS offers phone and data products within 3 categories:

Cable Infrastructure:
-Cat 5
-Cat 6
-Fiber Optic

Networking:
-Cisco switches and routers
-Dell Servers
-Wireless
-Voice over IP (VoIP)
-Hardware Maintenance
-Support and Training



REVENUES:


Revenue for the three months ended June 2013: $948,000
Profit of $249,000
Revenue for the first six months of 2013: $1,505,000
Profit of $204,000 Accounts Receivable: $299,000

SITS is in a surplus which is fantastic!

NEW CONTRACT SIGNED IN JULY FOR $300,000…more revenues for the company and possible future earning with clients

Check below and see why this one contract is gigantic SITS is building a security network for this resort below who have 17.5 million financed for the resort.

http://ih.advfn.com/p.php?pid=nmona&article=58428011

Evitts Resort, LLC Announces Closes on a $17.5 Million Financing Facility
Dec 18 12
Lakes Entertainment Inc. announced that Evitts Resort, LLC, its wholly owned subsidiary, closed on a $17.5 million financing facility with Centennial Bank on December 17, 2012. The Facility will be used to finance a portion of the conversion of existing convention space into a gaming facility, provide replacement meeting room space, and refurbish the hotel lobby and guest rooms at Rocky Gap Lodge & Golf Resort. The loan is collateralized by the leasehold estate and the furniture, fixtures and equipment of Rocky Gap. As further collateral, Lakes Entertainment Inc. guaranteed repayment of the loan and granted a second mortgage on its real property located in Minnetonka, Minnesota. Repayment of the loan will be interest only for the first year, with payments of principal and interest amortized and paid over the subsequent seven year

Another client of SITS Rocky Gap Casino




Company just reduced the share structure which is a pretty big deal....Read from PR below

Southern ITS International, Inc. (PINKSHEETS: SITS), announced today that is in the process of changing its outstanding shares structure. Jason Bell the CEO has returned to the SITS treasury a significant number of his shares, bringing the total shares outstanding to 188,217,382 shares from 348,217,382.
What I like the most about SITS the CEO wants to increase shareholder value

"SITS is now starting its acquisition program that will be based on SITS shares and investment funds. For SITS it is important to increase our per share valuation as we start our acquisition program. By reducing the total shares outstanding we are expecting a direct impact on our market capitalization, which in turn should be adjusted by the market and its investors reflecting a higher per share value."


Post #36034 “in courtesy of $Green$”

SITS CASH ON HAND $145,004, total assets $443,474

Had Net Revenues of $947,940 for the last quarter, Q2 2013 and a gross margin of $415,896, resulting in a NET INCOME of $249,162

Net revenue represented a 300% increase over Q2 2012!!!$$$!!!

OS is 348,217,382

Adding last Q revenues and expanding that out to a full year using a modest number of 4 million, so assuming ZERO REVENUE GROWTH (which is not the case as quarterly revenue grew 300% in a year), and a modest P/E of lets say 10, SITS is valued at about .1148 or therabouts.

SITS 11 cents conservative valuation imo

use P/E of 5 and its still a .06 stock

use a P/E of 0 (ridiculously conservative) and its still a .012 stock!!! No stocks trade at 0 P/E!!!$$$!!!

Yes, we picked a good one here that has gone unnoticed, and severely undervalued. If SITS has a 10 million dollar year, which could easily happen given the right contract(s), it should trade around .20 imo