SOUTHERN ITS INTAL INC - SITS STOCK NEWS

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.

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.

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.

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.

Southern ITS International, Inc. (OTC PINK:SITS) announced that its subsidiary, Pure Oil & Gas, has secured a first right of refusal agreement with ICS Energy, enabling them to fund future oil and gas explorations. In return, Pure will hold a 50% working interest in funded wells. Additionally, ICS granted Pure a 5% overriding royalty interest in all future wells drilled, linked to shares of SITS preferred stock. This agreement is aimed at bolstering Pure's operations in Texas, where ICS currently has 11 production wells.