China Information Technology announced that its board has unanimously approved the redomestication of the company from the State of Nevada to the British Virgin Islands. A wholly-owned subsidiary of the company, China Information Technology, a British Virgin Islands company, or CNIT BVI, filed a registration statement on Form F-4 relating to the redomestication transaction and the inclusion of a proposal to approve this transaction at the company's next annual stockholders meeting.
Happy demi-anniversary, stock market rally. Will the honeymoon ever end?

