(NewsDirect)
Southern ITSInternational, Inc. (OTC: SITS) announced today that its subsidiary,Pure Oil & Gas, Inc., is providing a Progress Report on its firstwell drilled in Eastland County, Texas.
Jeremy Larsen, President of Pure Oil &Gas, Inc., stated, "As per the advice and recommendation of ourGeologist, and Engineers, we have let the well we drilled sit for afew weeks before proceeding with the work over and completion. Thework over rig will be moved back on location as soon as possible thismonth, and proceed with swabbing, and other procedures that have beenrecommended." He went on to say, "We also plan to drill anoffset well as soon as possible, and when we have any new informationon the present well, we will let you know. We are looking forward todrilling more wells in Texas for the success and future of our youngcompany, Pure Oil & Gas, Inc."
About Southern ITS International, Inc.
Southern ITSInternational, Inc., through its subsidiary companies, currently hasoperations focused on a wide variety of fields, including oil and gasexploration and development, clothing, and e-commerce fulfillment. Weintend to expand upon our current base of operational companies and toincrease our ownership and/or control of a portfolio of highlysuccessful businesses. As a holding company, Southern ITSInternational continues to be in the market to acquire a stake invarious companies, both public and private, which will complement itscurrent operations. It will also focus on building a direct salesnetwork of various e-commerce internet applications, manufacturing,and internet sales of various products. We have put in place anexperienced management team that is continuing to build a diverseportfolio, buying entire companies, or interests therein, involved intechnology, oil and gas, manufacturing, real estate, and othersectors, which will then become operating subsidiaries of Southern ITSInternational.
Precautionary and Forward-Looking Statement
This release contains"forward-looking statements" within the meaning of Section 27Aof the Securities Act of 1933, as amended, and Section 2 lE of theSecurities Exchange Act of 1934, as amended, and such forward-lookingstatements are made pursuant to the safe harbor provisions of thePrivate Securities Litigation Reform Act of 1995. "Forward lookingstatements" describe future expectations, plans, results, orstrategies and are generally preceded by words such as "may,""future," "plan" or "planned," "will"or "should," "expected," "anticipates,""draft," "eventually" or "projected." You arecautioned that such statements are subject to a multitude or risks anduncertainties that could cause future circumstances, events, orresults to differ materially from those projected in theforward-looking statements, including the risks that actual resultsmay differ materially from those projected in the forward-lookingstatements as a result of several factors, and other risks identifiedin the Company's disclosures or filings with the SEC or OTCMarkets, Inc. You are further cautioned that penny stocks and stocksof smaller companies like Southern ITS International, Inc. areinherently volatile and risky, and that no investor should buy thisstock unless they can afford the loss of their entireinvestment.
Contact:
Southern ITS International, Inc.
Investor Relations
442-300-6522
Source: Southern ITSInternational, Inc.
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Investor Relations
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