Replies to post #34601 on Southern ITS International, Inc. (SITS)

[Stock_Barber]

contracted gross revenues

Note the word "contracted"... that is substantially different than "actual" 1st quarter revenue...

And what difference does the magnitude of revenues matter if they can't turn a profit fulfilling the contract? A business model of being low bidder to get a contract in which you lose money is a recipe for a quick bankruptcy!

That PR doesn't explain your statement:

This co. had more than 1 million revenues in the first quarter only as reported in the latest audited financial statement.