Replies to post #29794 on Southern ITS International, Inc. (SITS)

[-Awaken-]

$3,000 of "frontloading" occurred for a 200,000$ promo? That's your concern? LOL. Monday should be BIG and GREEEEEEEEEEN weeeeeeeeeeee

[idkmybffjill]

You realize there was only 3 grand in volume on Friday, right? How is that front loading?

[Stock_Barber]

New to SITS? It is the old ALCD share selling scam - with a new symbol!

•1 for 300 split 4/10/12

Shares Outstanding 1,084,453 a/o Apr 20, 2012
Float 384,253 a/o Apr 20, 2012

Shares Outstanding 174,108,684 a/o Aug 14, 2012
Float 73,384,253 a/o Aug 14, 2012

They wiped out all shareholders with the 1 for 300 R/S and then issued themselves 173M shares between April and August last year!

They did another 2 for 1 split 12/21/12 and this is the current structure:

Shares Outstanding 348,217,382 a/o Feb 04, 2013
Float 146,816,982 a/o Feb 04, 2013
Authorized Shares 500,000,000 a/o Feb 04, 2013

Previous splits
•2 for 1 split 12/21/12
•1 for 300 split 4/10/12
•1 for 50 split 07/22/2010.
•1 for 1400 split 04/01/2009.
•1 for 600 split 09/28/2007

No one in their right mind would buy this as an investment. Can a trader flip it faster than the company can dump... maybe?