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Monday, 09/09/2019 3:31:11 PM

Monday, September 09, 2019 3:31:11 PM

Post# of 111452
$IVST plans to spin-off its biotechnology holdings to focus on industrial revenue opportunities. In the planned spin-off, Innovest Global Inc. will hold stock in the Biotech spin-out company with dividends paid to IVST shareholders quarterly. In addition to achieving value from the stock of its Biotech effort, this action is expected to provide a focused and dedicated environment for Innovest to take advantage of rapidly growing traditional industrial and commercial sales. This action is expected to be completed no later than the end of the year.

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