Innovest Global Inc. (IVST)

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$IVST Innovest Global Provides December Shareholder Update Featuring Acquisition Update, Revenue Growth, Biotech Progress
GlobeNewswire•December 17, 2018

CLEVELAND, Dec. 17, 2018 (GLOBE NEWSWIRE) -- Innovest Global Inc. (OTC Markets: IVST) (the “Company” or “Innovest”), a conglomerate with operations in commercial and industrial products and services, biotechnology, and construction & building materials, has successfully completed the due diligence phase of the ‘Midwest Curtainwalls’ acquisition (click for details). The next step is agreeing to final documents, and scheduling a closing.

Other notable November items include:

November revenue of $1.95 million marks significant growth from new business, and is four-times our previous monthly sales record
Current assets $3.5 million
Cash balance $730,000
Energy Group recorded its highest monthly revenue to date
Safety Group signed top ranked University Hospitals to four-year contract
Authority National Supply (ANS) acquisition closed, new ANS board established
Biotech Division introduced new board of renown experts (click for details)
IVST average 2018 Price Per Share traded in November: $0.45, October: $0.273, September: $0.251, April: $0.064, January: $0.025
Unchanged free-trading float of 11,796,710 common shares confirmed by transfer agent December 13, 2018; 138 million total shares outstanding
No convertible debts, no warrants or options outstanding
At November average price of $0.45 stock performance is up 1,700% on the year
About Innovest Global, Inc.
Innovest Global, Inc. (OTC Markets: IVST) is a conglomerate with operations in three divisions, which include commercial and industrial products and services, energy, biotechnology, health sciences, construction, and building materials. The primary growth strategy of Innovest Global Inc is to acquire existing companies in a select few industries and attract new customers in cost effective ways. Currently, Innovest Global Inc has a Commercial & Industrial Division, a Biotechnology & Health Services Division, and a Construction & Building Materials Division.

For more information, please visit: http://www.innovestglobal.com, and follow us on Twitter @innovestglobal.