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$IVST Major accomplishments from April:
Generated highest monthly sales in company history,
Board of Directors resolved to apply for uplist to OTCQB upon audit completion,
Launched ‘Demand Cost Reduction’ (DCR) Energy Efficiency Technology with first contract, $118K, for one of the six figure efficiency units (not included in April revenue number),
Launched Equestrian Lighting Solution with signing of world renown Stachowski Farm contract for Equestrian Showcase, with lighting technologies that benefit Championship bred horses,
Achieved a Quick Ratio of 2.6, four times the short term financial health of other Conglomerates, who average 0.6,
Held a leadership meeting attended by 7, 8, and 9 figure acquisition candidates, and all Innovest executives and board members,
Integrated another Energy acquisition.
“We have a team of people that are first class, and entirely committed to execution,” said Dan Martin, CEO of Innovest Global, Inc. “The team trusts each other and is performing individually at a high level. And to our Shareholders, we thank you for your trust in our vision, goals and strategy. The company is a reflection of its people. The Innovest shareholders are cohesive, and your encouragement and enthusiasm has been the fuel, that has allowed us to begin to do great things. We are just getting started and couldn’t be more thankful for the support.”
On May 2, 2018, Innovest Global announced that it has signed a Letter of Intent to acquire a forensic energy auditing firm that is generating annual revenues of $500,000. The business model of the acquisition target is to conduct forensic energy audits for businesses and organizations and then providing recommendations on how to improve cost savings.
Innovest Global CFO, Mike Yukich, recently provided an update on the company’s audit and uplisting efforts. Mr. Yukich notes that the PCAOB audit is expected to be completed by the end of May, whereby the company will immediately begin uplisting to the OTCQB Venture Market.
Innovest Global, Inc. was also featured on an episode of Spotlight Growth Live, a video web series that focuses on emerging growth companies.
