Southern ITS International, Inc., DBA CorpHQ, Announces Leadership Transition, Share Conversions, and Strategic Investments to Support Next Phase of Growth
Southern ITS International (OTC Pink: SITS), operating as CorpHQ, has announced significant organizational changes and strategic initiatives. The company has sold its 80% stake in Kinzie Direct to founder Jeremy Larsen, who will exit his executive roles. The restructuring includes key leadership appointments: Tim Guenther as President/CEO, Gil Irey as Chief Development Officer and Pure Oil & Gas President/CEO, and Chad Shipman as CMO and MIA Corp/Ingenious Roasters President/CEO.
The company has approved the conversion of 15 million preferred shares into 125 million common shares held by Directors. Additionally, a new stock option equity plan has been implemented, and three subsidiary-level investments have been secured through Tim Guenther's private entity to support operational expansion.
[ "Strategic divestment of 80% stake in Kinzie Direct streamlines operations", "Implementation of new stock option equity plan to retain and incentivize talent", "Secured three subsidiary-level investments for working capital and expansion", "Leadership restructuring with clear role assignments across portfolio companies", "Directors show confidence through conversion of preferred shares to common stock" ]Southern ITS International (OTC Pink: SITS), operante come CorpHQ, ha annunciato importanti cambiamenti organizzativi e nuove iniziative strategiche. La societ脿 ha ceduto l'80% della partecipazione in Kinzie Direct al fondatore Jeremy Larsen, che lascer脿 i suoi incarichi esecutivi. La ristrutturazione prevede inoltre nomine chiave nella leadership: Tim Guenther sar脿 Presidente/CEO, Gil Irey Chief Development Officer nonch茅 Presidente/CEO di Pure Oil & Gas, e Chad Shipman CMO e Presidente/CEO di MIA Corp/Ingenious Roasters.
Il consiglio ha approvato la conversione di 15 milioni di azioni privilegiate in 125 milioni di azioni ordinarie detenute dai Direttori. 脠 stato inoltre implementato un nuovo piano di stock option per incentivare il personale, e tre investimenti a livello di controllate sono stati assicurati tramite un'entit脿 privata di Tim Guenther per sostenere capitale circolante ed espansione operativa.
- Disimpegno strategico dell'80% in Kinzie Direct per semplificare l'operativit脿
- Introduzione di un nuovo piano di stock option per trattenere e incentivare i talenti
- Ottenuti tre investimenti a livello di controllate per capitale operativo ed espansione
- Ristrutturazione della leadership con ruoli definiti nelle societ脿 del portfolio
- I Direttori dimostrano fiducia convertendo azioni privilegiate in ordinarie
Southern ITS International (OTC Pink: SITS), operando como CorpHQ, ha anunciado cambios organizativos significativos e iniciativas estrat茅gicas. La compa帽铆a ha vendido el 80% de su participaci贸n en Kinzie Direct al fundador Jeremy Larsen, quien dejar谩 sus cargos ejecutivos. La reestructuraci贸n incluye nombramientos clave de liderazgo: Tim Guenther como Presidente/CEO, Gil Irey como Chief Development Officer y Presidente/CEO de Pure Oil & Gas, y Chad Shipman como CMO y Presidente/CEO de MIA Corp/Ingenious Roasters.
La empresa aprob贸 la conversi贸n de 15 millones de acciones preferentes en 125 millones de acciones ordinarias en manos de los Directores. Adem谩s, se implement贸 un nuevo plan de opciones sobre acciones para retener e incentivar talento, y se aseguraron tres inversiones a nivel de subsidiarias a trav茅s de una entidad privada de Tim Guenther para apoyar capital de trabajo y expansi贸n operativa.
- Desinversi贸n estrat茅gica del 80% en Kinzie Direct para simplificar operaciones
- Implementaci贸n de un nuevo plan de opciones sobre acciones para retener e incentivar talento
- Aseguradas tres inversiones en subsidiarias para capital de trabajo y expansi贸n
- Reestructuraci贸n de liderazgo con asignaci贸n clara de roles en las empresas del portafolio
- Los Directores muestran confianza al convertir acciones preferentes en ordinarias
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Southern ITS International (OTC Pink: SITS), op茅rant sous le nom CorpHQ, a annonc茅 d鈥檌mportants changements organisationnels et des initiatives strat茅giques. La soci茅t茅 a vendu 80 % de sa participation dans Kinzie Direct au fondateur Jeremy Larsen, qui quittera ses fonctions ex茅cutives. La restructuration comprend 茅galement des nominations cl茅s : Tim Guenther en tant que Pr茅sident/PDG, Gil Irey comme Chief Development Officer et Pr茅sident/PDG de Pure Oil & Gas, et Chad Shipman comme CMO et Pr茅sident/PDG de MIA Corp/Ingenious Roasters.
La soci茅t茅 a approuv茅 la conversion de 15 millions d鈥檃ctions privil茅gi茅es en 125 millions d鈥檃ctions ordinaires d茅tenues par les administrateurs. Un nouveau plan d鈥檕ptions sur actions a 茅t茅 mis en place pour fid茅liser et motiver les talents, et trois investissements au niveau des filiales ont 茅t茅 garantis via une entit茅 priv茅e de Tim Guenther afin de soutenir le fonds de roulement et l鈥檈xpansion op茅rationnelle.
- D茅sinvestissement strat茅gique de 80 % dans Kinzie Direct pour rationaliser les op茅rations
- Mise en place d鈥檜n nouveau plan d鈥檕ptions sur actions pour retenir et inciter les talents
- Obtention de trois investissements au niveau des filiales pour le fonds de roulement et l鈥檈xpansion
- Restructuration de la direction avec r茅partition claire des r么les au sein des soci茅t茅s du portefeuille
- Les administrateurs d茅montrent leur confiance en convertissant des actions privil茅gi茅es en actions ordinaires
Southern ITS International (OTC Pink: SITS), t盲tig als CorpHQ, hat bedeutende organisatorische Ver盲nderungen und strategische Ma脽nahmen angek眉ndigt. Das Unternehmen hat seine 80%-Beteiligung an Kinzie Direct an Gr眉nder Jeremy Larsen verkauft, der seine F眉hrungspositionen aufgeben wird. Die Umstrukturierung umfasst zudem wichtige F眉hrungsbestellungen: Tim Guenther wird Pr盲sident/CEO, Gil Irey Chief Development Officer sowie Pr盲sident/CEO von Pure Oil & Gas, und Chad Shipman 眉bernimmt die Rolle des CMO und Pr盲sident/CEO von MIA Corp/Ingenious Roasters.
Das Unternehmen genehmigte die Umwandlung von 15 Millionen Vorzugsaktien in 125 Millionen Stammaktien, die von Direktoren gehalten werden. Au脽erdem wurde ein neuer Aktienoptionsplan zur Mitarbeiterbindung eingef眉hrt und drei Investitionen auf Tochtergesellschaftsebene 眉ber eine private Gesellschaft von Tim Guenther gesichert, um Betriebskapital und Expansion zu unterst眉tzen.
- Strategischer Verkauf der 80%-Beteiligung an Kinzie Direct zur Straffung der Abl盲ufe
- Einf眉hrung eines neuen Aktienoptionsplans zur Bindung und Motivation von Talenten
- Sicherung von drei Tochtergesellschafts-Investitionen f眉r Betriebskapital und Expansion
- F眉hrungsreorganisation mit klaren Rollenverteilungen 眉ber die Portfoliounternehmen
- Direktoren zeigen Vertrauen durch Umwandlung von Vorzugs- in Stammaktien
- None.
- Significant share dilution through conversion of 15 million preferred shares to 125 million common shares
- Potential conflicts of interest with CEO's private entity making subsidiary investments
- Exit of key executive Jeremy Larsen from management roles
CorpHQ has finalized the sale of its
As a part of this change, CorpHQ announced refined executive leadership assignments across its expanding portfolio:
- Tim Guenther will serve as President and CEO of CorpHQ, providing corporate-level leadership across all holdings.
- Gil Irey will serve as Chief Development Officer of CorpHQ and President/CEO of Pure Oil & Gas, leading the company's oil and gas ventures, including oversight of Last Mile Production LLC.
- Chad Shipman will serve as Chief Marketing Officer of CorpHQ and has been appointed President/CEO of MIA Corp and Ingenious Roasters, driving innovation across consumer beverage and brand development initiatives.
These role clarifications reflect CorpHQ's commitment to focused execution, operational excellence, and industry-specific leadership.
To further align management incentives and enhance transparency, the Board approved the conversion of 15 million preferred shares (convertible at a 10-to-1 ratio) into 125 million common shares, held by Directors of the corporation. This conversion underscores the long-term confidence of CorpHQ's leadership in the company's trajectory.
The Board has also adopted a stock option equity plan to be utilized for current and future management and consultants鈥攅nsuring top-tier talent remains incentivized and aligned with shareholder interests.
Regarding its capital strategy, CorpHQ confirmed three subsidiary-level investments by a private entity owned by Tim Guenther. These investments are structured to raise working capital to support operational expansion and organizational resilience.
"These coordinated actions鈥攍eadership alignment, equity structure optimization, and targeted capital deployment鈥攑osition CorpHQ for accelerated growth," said Guenther. "This reorganization reflects our strategy: disciplined execution, empowered leadership, and long-term value creation."
About Southern ITS International, Inc., DBA CorpHQ
Southern ITS International, Inc. operates through its subsidiary companies across diverse sectors, each with a strategic focus, including oil and gas exploration, consumer beverages, and healthcare consulting. As a holding company, Southern ITS International actively seeks opportunities to acquire stakes in both public and private companies that complement its current operations.
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" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude or risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in the Company's disclosures or filings with the SEC. You are further cautioned that penny stocks and stocks of smaller companies like Southern ITS International, Inc. are inherently volatile and risky, and that no investor should buy this stock unless they can afford the loss of their entire investment.
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