Southern ITS International, Inc. (SITS)

[pkdaddy64]

Facts;

1. R/S's with one 2/1 forward after overshooting its previous R/S 1/300 in April 2012.
Capital Change=shs decreased by 1 for 600 split Pay date=09/28/2007.
Capital Change=shs decreased by 1 for 1400 split Pay date=04/01/2009.
Capital Change=shs decreased by 1 for 50 split Pay date=07/22/2010.
Capital Change=shs decreased by 1 for 300 split Ex-date=04/11/2012.
Capital Change=shs increased by 2 for 1 split. Payable upon surrender.. Ex-date=12/21/2012.

2. Total Assets $ 443,474
Net Income (Loss) $ 249,162 $ (26,307,142)

3. Weighted Average Shares
Outstanding 348,217,382

4.These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The ability of
the Company to continue its operations is dependent on Management's plans, which include the raising of capital
through debt and/or equity markets with some additional funding from other traditional financing sources, including
term notes, until such time that funds provided by operations are sufficient to fund working capital requirements.
The Company may need to incur additional liabilities with certain related parties to sustain the Company’s
existence.