Southern ITS International, Inc. announces that it has completed the acquisition of Evolution Enterprises, LLC
LAS VEGAS, NV–(Globe Newswire – July 7, 2017) – Southern ITS International, Inc. (“SITS”) (OTC PINKSHEETS: SITS) announced today that it has completed its acquisition of and reverse merger with Evolution Enterprises, LLC (“Evolution”), a Nevada based privately owned company (www.evoenterprisesinc.com ). Southern ITS International, Inc. will be dba Evolution Enterprises, Inc. Evolution owns and controls a portfolio of highly successful businesses that focus on direct sales networks with several thousand agents since inception December 2015 and growing.
Pursuant to the acquisition agreement, David McCovy has been issued 69,000,000 shares representing controlling interest in Southern ITS International, Inc. and Sylvain Desrosiers has resigned from all officer and director positions with the company which was not as a result of any disagreements with the Company. Mr. McCovy has been appointed to serve as sole director, Chairman of the Board, CEO, President, Secretary and Treasurer of Southern ITS International, Inc. to serve until the next regularly schedule election of directors and officers.
Further details will be released in the next few days.
About Southern ITS International, Inc. DBA Evolution Enterprises, Inc
Evolution Enterprises, Inc. Evolution owns and controls a portfolio of highly successful businesses that focus on direct sales network. With its experienced management team in the direct sales industry, Evolution reaches the US and international markets. Based on the Direct Selling Association (“DSA”) 2015 Overview, more than 20 million people were involved in direct sales with an estimated $36 billion in sales. Evolution and its flagship division, Evolution Travel, (“myevolutiontravel.com”) created a complete travel web portal with connectivity to the top travel industry providers, allowing its members to become professional home based travel agents and maximize the benefits to each of its members. Evolution Travel uses all of the social media tools to reach and promote its unique partners reward program that exceeds industry norms. The travel industry according to The World Travel & Tourism Council (WTTC) showed revenues exceeding $8 trillion for 2015.
Precautionary and 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 OTC Markets, Inc. You are further cautioned that 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.
Contact: Information at: IR@EvoEnterprisesInc.com