IVST news just out! .23 float 12M current. No toxic CD.
CLEVELAND, Ohio, April 16, 2018 (GLOBE NEWSWIRE) -- Innovest Global Inc. (OTC PINK:IVST) reports $708K in first quarter revenue, current assets of $932,000 and that the company has cancelled 50 million shares from the market in the process of completing its mining exit. Financials posted simultaneous to this news release.
Since the mid-quarter February Shareholder update noting higher than expected sales, the trend continued throughout the quarter ending ahead of targets at $708K. This is due to successfully integrated acquisitions in the Commercial & Industrial Division during the first quarter. Total current assets of $932,000 compared to current liabilities of $352,000 show the company has a “quick ratio”, or short-term acid test of financial strength of 2.6, four times stronger than the Conglomerates industry average ratio of 0.6.
