Southern ITS International, Inc., DBA CorpHQ; Acquires Last Mile Production, LLC and Last Mile Capital Partners, LLC
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.
Southern ITS International (OTC Pink:SITS) ha annunciato l'acquisizione di una partecipazione di maggioranza in Last Mile Production e Last Mile Capital Partners, con sede a Southlake, Texas. Last Mile Production opera come un'azienda nel settore petrolifero e del gas potenziata dall'IA, che ottimizza le decisioni produttive, riduce i rischi e minimizza l'impronta di carbonio attraverso analisi basate sui dati.
L'acquisizione rappresenta un'espansione strategica nel settore energetico per SITS, migliorando le sue capacità nella produzione di energia sostenibile attraverso tecnologie avanzate. L'integrazione mira a fornire report in tempo reale e informazioni critiche a partner e investitori, sfruttando l'infrastruttura avanzata e le capacità tecniche di Last Mile.
Gil Irey, Presidente di SITS, ha sottolineato come l'acquisizione si allinei alla loro missione di sfruttare la tecnologia in diversi settori, mentre Zach Wagner di Last Mile Production ha evidenziato le sinergie tra le aziende nello sviluppo di operazioni petrolifere e di gas upstream con un focus sulla crescita dell'energia sostenibile.
Southern ITS International (OTC Pink:SITS) ha anunciado la adquisición de una participación mayoritaria en Last Mile Production y Last Mile Capital Partners, con sede en Southlake, Texas. Last Mile Production opera como una empresa de petróleo y gas impulsada por IA que optimiza las decisiones de producción, reduce riesgos y minimiza la huella de carbono a través de análisis basados en datos.
La adquisición representa una expansión estratégica en el sector energético para SITS, mejorando sus capacidades en la producción de energía sostenible a través de tecnología avanzada. La integración tiene como objetivo proporcionar informes en tiempo real y conocimientos críticos a socios e inversores, aprovechando la infraestructura avanzada y las capacidades técnicas de Last Mile.
Gil Irey, Presidente de SITS, enfatizó cómo la adquisición se alinea con su misión de aprovechar la tecnología en diversas industrias, mientras que Zach Wagner de Last Mile Production destacó las sinergias entre las empresas en el desarrollo de operaciones de petróleo y gas upstream con un enfoque en el crecimiento de la energía sostenible.
Southern ITS International (OTC Pink:SITS)는 텍사스 주 사우스레이크에 본사를 둔 Last Mile Production과 Last Mile Capital Partners의 대다수 지분을 인수했다고 발표했습니다. Last Mile Production은 데이터 기반 분석을 통해 생산 결정을 최적화하고 위험을 줄이며 탄소 발자국을 최소화하는 AI 기반의 석유 및 가스 회사로 운영됩니다.
이번 인수는 SITS가 에너지 분야로 전략적으로 확장하는 것을 의미하며, 고급 기술을 통해 지속 가능한 에너지 생산 능력을 강화하고 있습니다. 통합의 목표는 Last Mile의 고급 인프라와 기술적 능력을 활용하여 파트너와 투자자에게 실시간 보고 및 중요한 통찰력을 제공하는 것입니다.
SITS의 회장인 길 아이리(Gil Irey)는 이번 인수가 여러 산업에서 기술을 활용하려는 그들의 사명과 어떻게 일치하는지를 강조했으며, Last Mile Production의 잭 와그너(Zach Wagner)는 지속 가능한 에너지 성장을 중점으로 두고 상류 석유 및 가스 운영을 개발하는 데 있어 두 회사 간의 시너지를 강조했습니다.
Southern ITS International (OTC Pink:SITS) a annoncé l'acquisition d'une participation majoritaire dans Last Mile Production et Last Mile Capital Partners, basés à Southlake, Texas. Last Mile Production fonctionne comme une entreprise pétrolière et gazière alimentée par l'IA qui optimise les décisions de production, réduit les risques et minimise l'empreinte carbone grâce à des analyses basées sur les données.
L'acquisition représente une expansion stratégique dans le secteur de l'énergie pour SITS, renforçant ses capacités dans la production d'énergie durable grâce à une technologie avancée. L'intégration vise à fournir des rapports en temps réel et des informations critiques aux partenaires et investisseurs, en tirant parti de l'infrastructure avancée et des capacités techniques de Last Mile.
Gil Irey, Président de SITS, a souligné comment l'acquisition s'aligne avec leur mission d'exploiter la technologie dans divers secteurs, tandis que Zach Wagner de Last Mile Production a mis en avant les synergies entre les entreprises dans le développement d'opérations pétrolières et gazières en amont avec un accent sur la croissance de l'énergie durable.
Southern ITS International (OTC Pink:SITS) hat die Übernahme einer Mehrheitsbeteiligung an Last Mile Production und Last Mile Capital Partners mit Sitz in Southlake, Texas, bekannt gegeben. Last Mile Production agiert als ein KI-gestütztes Öl- und Gasunternehmen, das Produktionsentscheidungen optimiert, Risiken reduziert und den CO2-Fußabdruck durch datengestützte Analysen minimiert.
Die Übernahme stellt eine strategische Expansion in den Energiesektor für SITS dar und verbessert die Fähigkeiten in der nachhaltigen Energieproduktion durch fortschrittliche Technologien. Die Integration zielt darauf ab, Partnern und Investoren Echtzeitberichte und wichtige Einblicke zu bieten, indem sie die fortschrittliche Infrastruktur und technischen Fähigkeiten von Last Mile nutzt.
Gil Irey, Präsident von SITS, betonte, wie die Übernahme mit ihrer Mission übereinstimmt, Technologie in verschiedenen Branchen zu nutzen, während Zach Wagner von Last Mile Production die Synergien zwischen den Unternehmen bei der Entwicklung von upstream Öl- und Gasoperationen mit einem Fokus auf nachhaltiges Wachstum im Energiebereich hervorhob.
- Strategic expansion into energy sector through majority stake acquisition
- Access to advanced AI and data analytics technology for oil and gas operations
- Enhanced real-time reporting and analysis capabilities
- Potential for operational synergies in upstream oil and gas development
- Financial terms of acquisition not disclosed
- Integration risks of merging different technological systems
SCOTTSDALE, AZ / ACCESS Newswire / February 13, 2025 / Southern ITS International, Inc. (OTC Pink:SITS), a diversified holding company operating through its subsidiary companies across multiple sectors, is proud to announce the acquisition of a majority of the issued and outstanding stock in Last Mile Production and Last Mile Capital Partners, based in Southlake, Texas.
Last Mile Production operates as an innovative oil and gas company leveraging powerful AI technology to enhance production decisions, mitigate risks, and reduce carbon footprints. Their robust data-driven approach enables the evaluation of every decision for every barrel, every day. This cutting-edge methodology places Last Mile Production at the forefront of modern energy solutions.
A Strategic Step in the Energy Sector
This acquisition marks a significant step for Southern ITS International in expanding its footprint within the energy sector, enhancing its ability to contribute to sustainable energy production through advanced technology and data analytics.
Gil Irey, President of Southern ITS International, Inc. "We are excited to bring Last Mile Production and Last Mile Capital Partners into our growing portfolio. Their pioneering use of AI-driven analytics aligns perfectly with our mission to leverage technology across diverse industries. This acquisition strengthens our position as a dynamic and forward-thinking holding company in the oil and gas sector. With their advanced infrastructure, technical capabilities, and data analysis expertise, we have secured a robust platform for real-time reporting, enabling us to provide critical insights to our partners, investors, and the public. This integration empowers us to be even more transparent and agile in this ever-evolving environment. Coupled with our team's expertise and our subsidiaries' assets, this acquisition positions us to deliver the most cutting-edge solutions across the industries in which we operate. Together, we are confident this will fuel sustained growth, innovation, and unparalleled value for all stakeholders."
Zach Wagner, Last Mile Production, LLC. "This acquisition marks a pivotal moment for Last Mile Production as we join forces with CorpHQ and its family of companies. Their growing upstream oil and gas development, coupled with our commitment to sustainable energy growth, creates powerful synergies that will drive innovation, efficiency, and long-term value. Together, we are not just managing resources-we are shaping the future of American energy with a forward-thinking approach that balances tradition with progress. This partnership strengthens our ability to responsibly develop our assets while investing in the technologies and strategies that will sustain the industry for generations to come."
About Southern ITS International, Inc.
Southern ITS International, Inc. operates through its subsidiary companies across diverse sectors, each with a strategic focus, including oil and gas exploration, clothing, consumer beverages, and e-commerce fulfillment. As a holding company, Southern ITS International actively seeks opportunities to acquire stakes in both public and private companies that complement its current operations.
By establishing a robust Direct-to-Consumer (DTC) and Business-To-Business (B2B) network, the company leverages the vast potential of e-commerce across various industries, such as manufacturing, distribution, and product sales. A seasoned management team drives the mission to build a diversified portfolio through acquisitions across technology, manufacturing, real estate, and more.
For Investor Inquiries:
Investor Relations
Southern ITS International, Inc.
Phone: 480-258-3674
Email: info@sitsintl.com
Forward-Looking Statements
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan," "expected," "anticipated," or "projected."
Readers are cautioned that these statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated, including various factors disclosed in the Company's filings with the SEC. Investing in smaller companies like Southern ITS International, Inc. involves inherent risks, and investors should be prepared for the possibility of significant loss.
SOURCE: Southern ITS International, Inc.
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FAQ
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