SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) May 10, 2005

SITI-Sites.com, Inc.

(Exact name of registrant as specified in its charter)

Delaware		0-15596			75-1940923
(State or other jurisdiction		(Commission		IRS Employer
of incorporation or organization)	File Number)		Identification No.)

47 Beech Road, Englewood, New Jersey
(Address of principal executive offices)

07631
(Zip Code)

111 Lake Avenue, Suite #7, Tuckahoe, New York
(Address of Chief Financial Officer)

10707
(Zip Code)

Registrant’s telephone number, including area code (212) 925-1181

(Former name or former address, if changed since last report)

ITEM 2.01 ACQUISITION OR DISPOSITION OF CERTAIN ASSETS

Effective May 10, 2005, Siti-Sites.com, Inc, (“Siti”, the “Company”) completed another round of financing by the major investors of the Company in order to finance its operating and litigation costs. Certain investors including Chairman Lawrence Powers purchased a total of 3,500,000 shares at $.05 per share. The shares purchased by the major investors were not registered under the Securities Act of 1933, were purchased for investment and are not readily marketable, which factors generally result in discounts in purchase value. However, no discounts were taken and, at the time of the investment, the stock was trading at approximately $.03 per share for three months preceding this transaction.

The following is a list of the participants:

Name

Shares Purchased

Amount

Lawrence M. Powers	1,300,000	$ 65,000
Robert Ingenito	550,000	$ 27,500
John DiNozzi	550,000	$ 27,500
John Iannitto	550,000	$ 27,500
Steven Gross	550,000	$ 27,500

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

Dated:

May 20, 2005

SITI-Sites.com, Inc.

By /s/ Lawrence M. Powers
		Lawrence M. Powers
	Chief Executive Officer and
	Chairman of the Board of Directors

SITI-SITES COM INC 8-K