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Southern ITS International, Inc., operating as CorpHQ under symbol SITS, reports developments from a diversified holding-company portfolio. Recurring updates cover subsidiary activity in oil and gas through Pure Oil & Gas and Last Mile Production, including acquired Texas oil and gas assets, well operations, production technology, methane measurement, and carbon-asset tokenization initiatives. Company news also covers portfolio acquisitions and divestitures, subsidiary-level financing, executive appointments, equity-plan and share-conversion actions, and strategy across consumer beverages, healthcare consulting, and e-commerce-related businesses.
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.
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