Welcome to our dedicated page for Southern Its Int news (Ticker: SITS), a resource for investors and traders seeking the latest updates and insights on Southern Its Int stock.
Southern ITS International, Inc. (SITS) provides investors and stakeholders with comprehensive updates across its diversified portfolio of energy, consumer goods, and technology ventures. This dedicated news hub consolidates all official announcements and market developments related to the company's strategic operations.
Access real-time updates on SITS' oil and gas exploration activities, e-commerce expansions, and beverage sector innovations. The resource serves as a centralized tracking point for acquisition announcements, operational milestones, and management insights across the company's subsidiaries.
Key updates include earnings reports, partnership developments, and technology implementations such as AI-driven analytics in energy production. Users will find verified information on cross-industry initiatives that demonstrate SITS' unique position as a multi-sector holding company.
Bookmark this page for direct access to SITS' latest regulatory filings, market positioning updates, and consumer sector advancements. Regular visitors gain strategic perspective on how the company's diversified model navigates evolving market conditions through technology integration and operational synergies.
Southern ITS International (OTC PINK:SITS) has announced that its subsidiary, Pure Oil & Gas, has acquired significant oil and gas assets in Jones County, Texas. The acquisition, completed in April 2025, encompasses producing and non-producing properties, wells, equipment, mineral leases, and working interests.
As part of the strategic move, Pure Oil & Gas has partnered with Last Mile Production , an energy technology company that will serve as the lease operator for all wells. Last Mile will leverage artificial intelligence and advanced data analytics to optimize production operations.
Gil Irey, CFO of Pure Oil & Gas, emphasized that this acquisition represents a important step in Pure's growth strategy, focusing on building a high-performing portfolio of energy assets supported by data-driven operations.
Southern ITS International (OTC PINK:SITS) has announced key leadership appointments effective April 2025. Gil Irey joins as President, bringing 41 years of healthcare industry experience. As former CEO of Cedar Valley Medical Specialist, he oversaw growth to 490 employees and 115 providers across 42 clinics.
Tim Guenther, appointed as Chief Strategy Officer, is the founder of Clickstop, which operates 5 brands in manufacturing, distribution, e-commerce, and retail. Under his leadership, Clickstop achieved $130 million in revenue and was recognized on the INC5000 list for 13 consecutive years.
Irey will focus on company growth, strategic partnerships, and innovation, while Guenther will concentrate on operational efficiencies and key business initiatives. SITS operates through subsidiaries across sectors including oil and gas, clothing, consumer beverages, and e-commerce fulfillment.
Southern ITS International (OTC Pink:SITS) has announced the acquisition of a majority stake in Last Mile Production and Last Mile Capital Partners, based in Southlake, Texas. Last Mile Production operates as an AI-powered oil and gas company that optimizes production decisions, reduces risks, and minimizes carbon footprints through data-driven analytics.
The acquisition represents a strategic expansion into the energy sector for SITS, enhancing its capabilities in sustainable energy production through advanced technology. The integration aims to provide real-time reporting and critical insights to partners and investors, leveraging Last Mile's advanced infrastructure and technical capabilities.
Gil Irey, SITS President, emphasized how the acquisition aligns with their mission to leverage technology across industries, while Zach Wagner from Last Mile Production highlighted the synergies between the companies in developing upstream oil and gas operations with a focus on sustainable energy growth.
Pure Oil & Gas, a subsidiary of Southern ITS International (OTC PINK:SITS), reports significant operational progress and secured $6 million in new funding for drilling projects. The company, managing 14 operating wells, has shown substantial monthly production increases from 175 barrels in June to an estimated 1,980 barrels in September. The company plans to complete 5 additional wells by the end of 2024 to expand its operations and boost production capacity.
Pure Oil & Gas Inc., a subsidiary of Southern ITS International, Inc. (OTC PINK:SITS), has reported significant progress in its drilling operations and secured $6 million in fresh funding. The company currently manages 14 operating wells and has shown a substantial increase in production volumes over the past months:
- June: 175 barrels
- July: 514 barrels
- August: 675 barrels
- September (estimated): 1,980 barrels
Pure Oil & Gas plans to complete 5 additional wells by the end of 2024, which is expected to further boost production capacities. Jeremy Larsen, President of Pure Oil & Gas Inc., expressed optimism about the company's growth trajectory and its position for future success.
Southern ITS International (OTC PINK:SITS) has increased its ownership stake in Ingenious Roasters, an Arizona-based beverage company, from 45% to 55%.
This move highlights Southern ITS International's confidence in Ingenious Roasters' growth potential.
The increased stake aims to leverage Southern ITS International's resources to enhance product offerings, brand visibility, and market penetration.
Ingenious Roasters plans to launch its first ready-to-drink beverage brand, 'JavaBrain,' in July 2024, starting with one SKU and expanding to four by the end of the year.
This development underscores the commitment of both companies to deliver exceptional products and experiences to consumers.
Southern ITS International announced the acquisition of an 80% stake in Kinzie , an e-commerce company established in 2013. Kinzie started in the jewelry industry and has expanded into household items, surpassing $28 million in sales since inception. The acquisition is part of Southern ITS’s strategy to expand in the e-commerce sector. Gil Irey, President of Southern ITS, highlighted the strategic benefits of integrating Kinzie’s operations. Kinzie’s CEO, Jeremy Larsen, expressed optimism about leveraging Southern ITS’s resources for further growth. The deal aims to scale Kinzie's operations and enhance market presence, focusing on high-volume partnerships and maintaining its branded jewelry products.
