Southern ITS International Announces Strategic Leadership and Growth Initiatives

Southern ITS International Announces Strategic Leadership Changes and Investments

Southern ITS International, Inc., known as CorpHQ, has recently revealed significant organizational changes aimed at reshaping its leadership and capital structure to better position itself for future growth. The company, a diversified public conglomerate based in Waterloo, Iowa, announced these changes as part of its strategic plan to streamline operations and enhance its leadership alignment across various sectors.

In a bold move, CorpHQ has finalized the sale of its 80% stake in Kinzie Direct to its founder, Jeremy Larsen. Following this change, Mr. Larsen will step back from executive roles within CorpHQ and its other subsidiaries. This divestiture is part of a broader strategy to focus on CorpHQ’s core operations and optimize its organizational structure.

New leadership roles have been assigned to enhance the company's strategic direction. Tim Guenther has been appointed as President and CEO, responsible for providing overarching corporate leadership across all subsidiaries. Gil Irey will take on the role of Chief Development Officer while also serving as President/CEO of Pure Oil & Gas, managing the company’s ventures in the oil and gas sector, including Last Mile Production LLC. Meanwhile, Chad Shipman will serve as Chief Marketing Officer and President/CEO of MIA Corp and Ingenious Roasters, where he will focus on consumer beverage innovation and brand development.

These appointments reflect CorpHQ’s commitment to operational excellence and industry-specific leadership, paving the way for a more streamlined approach to their business strategy.

In tandem with the leadership transition, the Board of Directors announced a significant share conversion initiative, converting 15 million preferred shares into 125 million common shares. This move, which comes with a conversion ratio of 10-to-1, is aimed at aligning management incentives with the company’s long-term vision. Such a strategy underscores the confidence that CorpHQ’s leadership has regarding the organization’s trajectory and future growth potential.

Furthermore, a new stock option equity plan has been introduced to incentivize current and future management personnel and consultants, ensuring that talented professionals within the organization remain aligned with shareholder interests.

Alongside these changes, CorpHQ confirmed several investments at the subsidiary level made by a private entity owned by Tim Guenther. These investments are poised to raise working capital—critical for operational expansion and enhancing organizational resilience in the competitive market.

"These coordinated actions—leadership alignment, equity structure optimization, and targeted capital deployment—position CorpHQ for accelerated growth," commented Tim Guenther. He further emphasized that this reorganization is a testament to a disciplined execution strategy, aimed at empowering leadership and fostering long-term value creation.

Southern ITS International, Inc. operates through various subsidiaries that encompass diverse sectors including oil and gas exploration, consumer beverages, and healthcare consulting. As a holding company, it actively seeks investment opportunities in both public and private entities that align with its strategic vision.

Forward-Looking Statements

This announcement includes forward-looking statements, which involve risks and uncertainties that may cause actual outcomes to differ materially from those anticipated. This includes potential fluctuations associated with operations in the nebulous environments of penny stocks and smaller public companies, which pose inherent volatility. Investors are advised to perform thorough research and consider their risk tolerance before making investment decisions.

Through these strategic initiatives, Southern ITS International is setting the stage for a promising chapter ahead for CorpHQ and its stakeholders.