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Southern Its International Inc
42215 WASHINGTON STREET, SUITE A-345
Phone: (442) 300-6522p:442 300-6522 PALM DESERT, CA  92211  United States Ticker: SITSSITS
On 5/3/2024, the Securities and Exchange Commission (SEC) charged BF Borgers CPA PC and its owner, Benjamin F. Borgers, with significant violations of Public Company Accounting Oversight Board (PCAOB) standards across more than 1,500 SEC filings from January 2021 to June 2023. The charges included falsely representing compliance with PCAOB standards to clients, fabricating audit documentation, and inaccurately stating compliance in audit reports. According to the SEC's order, of 369 BF Borgers' clients whose public filings from January 2021 through June 2023 incorporated the firm's audits and reviews, at least 75 percent of the filings incorporated audits and reviews that did not comply with PCAOB standards. The financials in this report may include past audits and reviews conducted by BF Borgers CPA PC that are deemed not compliant with PCAOB standards.
Business Summary
Southern ITS International, Inc. is a holding company. The Company operates, through its subsidiary companies, across diverse sectors, each with a focus on oil and gas exploration, clothing, consumer beverages, and e-commerce sectors. It actively seeks opportunities to acquire stakes in both public and private companies. Its subsidiaries include Pure Oil & Gas, Inc., Growth Goods, Inc., Kinzie LLC and Gen 7 Health, Inc. The Pure Oil & Gas, Inc. has created four Texas Limited Partnerships, in which it is the managing general partner, to raise investment capital for placement in projects with ICS Energy, Inc., its driller-operator. The Growth Goods, Inc., provides e-commerce fulfillment services, including online order management, warehousing, distribution, and delivery services for a variety of consumer products. Kinzie LLC, dba Kinzie Direct, focuses on working with companies to improve their presence on e-commerce sites.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202312/31/2022YesYes--Yes

Industries
SIC Code Description
7382 Security systems services

Subsidiaries
Business Name Address City State/Province Country
Shibue Couture, Inc. 5142 Bolsa Ave Huntington Beach CA United States

Business Names
Business Name
ALCD
Alco Advanced Technologies Inc.
Evolution Enterprises, LLC
4 additional Business Names available in full report.

General Information
Outstanding Shares: 146,651,073 (As of 9/30/2024)
Stock Exchange: OTC
Federal Tax Id: 223977583


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Wednesday, January 29, 2025