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SOUTHERN ITS INTAL INC - SITS STOCK NEWS

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Southern ITS International, Inc., operating through subsidiaries, is focused on oil and gas exploration, clothing, consumer beverages, and e-commerce fulfillment. With recent achievements like the commencement of a drilling project in Texas and acquiring an 80% stake in Kinzie LLC, the company aims to diversify its investment portfolio and capitalize on the e-commerce industry. Supported by its parent company, the organization seeks to grow and strengthen its operational base by acquiring successful businesses.

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Southern ITS International, Inc. (SITS) to acquire Kinzie LLC as a wholly owned subsidiary.
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Southern ITS International, Inc. (OTC PINK:SITS) forms partnership with GetchaBrand for new coffee brand
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Shibue Couture, Inc., subsidiary of Southern ITS International, Inc., reports a 344% increase in revenue from Jan 1, 2023, to Jun 30, 2023, compared to the same period in 2022. The increase is attributed to the end of COVID lockdown, opening of an Amazon Store, product line expansion, increased inventory, and distribution points. The company plans to further expand its products, inventory, and distribution to enhance income for the rest of the year.
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Southern ITS International, Inc. (OTC PINK:SITS) announced that its subsidiary, Pure Oil & Gas, Inc., has successfully completed drilling its first well in Eastland County, Texas. President Jeremy Larsen commended the efforts of partner ICS Energy, Inc. and expressed optimism about future drilling. The workover rig has been operational since April 22, 2023, with estimated production figures anticipated by the end of May. The company is focused on expanding its operations across various sectors, including oil and gas exploration, e-commerce, and technology. The press release also contains a caution regarding forward-looking statements, highlighting inherent risks associated with investing in smaller companies.

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Southern ITS International, Inc. (OTC PINK:SITS) announced that its subsidiary, Pure Oil & Gas, Inc., has completed the necessary funding for its first oil and gas project. This funding was secured through a newly formed limited partnership, with Pure as the General Partner. The President of Pure, Jeremy Larsen, expressed satisfaction with the swift fundraising process, stating that drilling operations by ICS Energy, Inc. are expected to begin in Eastland County, Texas, within 45 days. The company aims to expand its portfolio, focusing on various sectors including technology and manufacturing.

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Southern ITS International, Inc. (OTC PINK: SITS) announced the cancellation of 86,225,000 shares of its common stock, effective January 23, 2023, following a Nevada District Court order issued on January 19, 2023. These shares, representing over 50% of the total issued shares prior to cancellation, were deemed illegitimate as they were issued without adequate consideration by previous management. The company's President, James E. Shipley, expressed that this cancellation benefits the majority of shareholders by effectively increasing per share value by over 50%. The company continues to focus on expanding its operational portfolio across multiple sectors.

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FAQ

What is the current stock price of SOUTHERN ITS INTAL (SITS)?

The current stock price of SOUTHERN ITS INTAL (SITS) is $0.045 as of December 20, 2024.

What is the market cap of SOUTHERN ITS INTAL (SITS)?

The market cap of SOUTHERN ITS INTAL (SITS) is approximately 6.2M.

What are the core areas of operation for Southern ITS International, Inc.?

The company operates in diverse sectors, including oil and gas exploration, clothing, consumer beverages, and e-commerce fulfillment.

What recent achievements has Southern ITS International, Inc. showcased?

Recent accomplishments include the commencement of a drilling project in Texas and the acquisition of an 80% stake in Kinzie LLC.

How does Southern ITS International, Inc. plan to grow and expand its operations?

The company aims to diversify its investment portfolio and capitalize on the e-commerce industry by acquiring successful businesses.

What support does Southern ITS International, Inc. receive from its parent company?

Southern ITS International is supported by its parent company to grow and strengthen its operational base and acquire successful businesses.

What is the recent filing made by Southern ITS International, Inc. with the SEC?

The company has filed a Form 10 Registration Statement with the SEC, showcasing its commitment to transparency and compliance.

What is the significance of Southern ITS International, Inc.'s partnership with ICS Energy, LLC?

The partnership aims to optimize drilling operations in the energy sector and strengthen Southern ITS International's presence.

SOUTHERN ITS INTAL INC

OTC:SITS

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SITS Stock Data

6.16M
136.57M
Conglomerates
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United States of America
Palm Desert