WhereDaily News: Southern ITS International, Inc. Is Announcing Its Plan for 2014

LAS VEGAS, NV--(Marketwired - Jan 28, 2014) - Southern ITS International, Inc. (PINKSHEETS: SITS) announced today its plan for the Fiscal year 2014. In 2013 SITS did not issue any common shares and did the contrary by doing a rescission of 160,000,000 shares from management to increase PPS. SITS issued 5,000,000 preferred shares during 2013 to maintain management control of the company. The unchanged outstanding number of common shares is 188,217,382 with a float of 146,816,982 common shares. SITS' plan for 2014 does not include at this time any issuance of new shares. SITS' plan is to reduce its number of authorized shares from 500,000,000 to 250,000,000, and also is planning to start to buy back some of its float after the first quarter.

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