Southern ITS International, Inc. Completes Its Reorganization
12 February 2013 - 12:00AM
Marketwired
Southern ITS International, Inc. (PINKSHEETS: SITS) announced today
that the Company has completed the final phase of restructuring by
changing its trading symbol to SITS and effectuating a forward
2-for-1 split of its common stock. In addition, the Company intends
to pursue its plan to become a fully-reporting Company and
potentially being listed on the OTCQB.
Jason Bell, Chief Executive Officer of Southern ITS
International, Inc., noted, "The Company is now positioned to
aggressively move forward with implementation of our exciting
business plan. The positive changes that we have completed will
allow us to expand our presence in our business sector. The Company
is in negotiations to increase our business on several fronts. It
is my belief that we will be in a position to announce positive
developments in the near future."
About Southern ITS International, Inc.
Southern ITS International, Inc. is committed to the mission of
providing total systems integration projects by maintaining cost
effectiveness while providing the highest end voice, data,
surveillance, audio/visual and fire detection available. We are
represented throughout the world by leading individuals within the
digital surveillance and IT integration industry. We are providing
a digital video recording solution and integrating our
technological solutions with other existing systems, which results
in a significant capital savings for our clients. The Company is
positioned to be a leading force in this business sector.
Precautionary and Forward-Looking
Statements This release contains "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, and such forward-looking statements are made pursuant to
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. "Forward-looking statements" describe future
expectations, plans, results, or strategies and are generally
preceded by words such as "may," "future," "plan" or "planned,"
"will" or "should," "expected," "anticipates," "draft,"
"eventually" or "projected." You are cautioned that such statements
are subject to a multitude or risks and uncertainties that could
cause future circumstances, events, or results to differ materially
from those projected in the forward-looking statements, including
the risks that actual results may differ materially from those
projected in the forward-looking statements as a result of various
factors, and other risks identified in the Company's disclosures or
filings with OTC Markets, Inc. You are further cautioned that
stocks of smaller companies like Southern ITS International, Inc.
are inherently volatile and risky and that no investor should buy
this stock unless they can afford the loss of their entire
investment.
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