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Yes Picked me up more!
I'm definitely buying more. Almost pay day!
next few weeks/months should be very interesting!
When do you think they will uplist? All this stock needs is more visibility and it easily doubles or triples.
Keeps getting better and better!
Innovest Global Announces Date for Second Quarter 2019 Earnings Release, Provides Updates to First Quarter Results
First Quarter Amended Results Include Upward Revisions to Net Sales and Gross Profit, and a Reduction of Operating Loss
CLEVELAND--(BUSINESS WIRE)-- Innovest Global Inc. (OTC Markets: IVST), a diversified industrials company which recently announced its plan to spin-off its biotechnology holdings to focus on non-scientific revenue opportunities, intends to release its second quarter results at 4PM ET on Monday, August 5th.
Yesterday, the company posted revised first quarter results. The primary revision was an increase in net sales to $12.8 million from previously reported $11.7 million. The most notable effect of the revisions is an increase in gross profit to $1.0 million, from a previous reported gross loss of ($293,000). Obtaining the specific information that resulted in these changes had been delayed due to an accounting system transition of an entity acquired at the end of 2018.
The revised quarterly report can be found by clicking here.
Notable information from the financial report:
First quarter Net Sales of $12.8 million are highest ever with 1,716% growth over first quarter prior year and 190% over previous quarter.
Net Income $2.0 million after gain on non-operating income; first positive Net Income in Company history
Operating Loss: ($329,000)
Basic EPS: $0.014
Total Assets $17.6 million
Current Assets $11.1 million
No long-term debt, no convertible debt
Fantastic summary Ireed! Really excited for IVST going forward.
Really looking forward to those financials
What am I missing here? Is there news coming out soon?
Biggest contract ever! $1.3mm electrical rebuild! Signed today! Big congrats to Mark Kelly and our crew at Innovest Energy Group!
From their innovest homepage. I only wish I was able to buy more!
Huge news!
IVST just keeps delivering results!
Thats right!
Morning everyone! Looking forward to a fantastic week ahead and beyond!
Can't wait!
I agree it just needs to let the results speak for themselves and eventually it will get the awareness it deserves. I'm just annoyed I don't have $10,000 more liquify to get in at these levels. Its an absolute steal at these levels honestly.
It's going to be even better than Q1 and I know this will get back up and beyond what its been at the last couple of months. Clearly this stock was being manipulated because of the low float and its just a matter of time that it starts going in the correct direction.
LOL thanks for your positive outlook. It just needs more awareness. Its making positive revenue and worth more than what it's at, let alone .08 cents
I saw that...If I had any liquidity I would invest in a second at these levels! Guaranteed 50% profit within 1-2 weeks (or as close to a guarantee as one can get!) IMHO
I was planning to sell a small amount but overall long as well. Something fishy is going on here though. For at least the past week it starts way up on 100 shares traded then gets decimated later in the day. I really wonder whats happening. Is DueDillinger still around or did he bail?
I would take nearly a 50% loss if I got out now
I don't get it
This will undoubtedly double or triple by the end of the year at minimum.
Great picked up 3000 more shares on the dip Ive got 20.000 total now.
Happy Monday to everyone. This company just continues to deliver!
Yesterday's tweet from Innovest: $IVST upgraded to fully Current reporting this morning! 1,500% sales growth for Q1! So thankful for our world class finance and legal team! What a way to start June! Another busy week ahead stay tuned!
Looking forward to Monday, June and beyond!
Truly found a gem here
Cant wait to see what happens when it uplists
Me too I have nearly 20,000 now
Here we go!
Wow new tweet on website $IVST update from CFO: complete quarterly financials $11.7 mm sales Q1 available for download at http://www.otcmarkets.com . Attorney letter forthcoming, expect current status immediately thereafter. Thank you for your support! Rapid growth catchup is complete!
Let's hope for those audited financials and uplisting soon for this to really get to the PPS it deserves.
Well there it goes finally
The ask is way to high though what's up with this spread%?
Morning have an order for 10,000 in well see if it gets filled
Definitely adding more at these levels
Perfect! The PPS should be at least twice or triple its current levels and am buying as much as I can in the meantime at the levels.
Definitely a man of his word
WOW THIS IS AWESOME!!!!