International Endeavors Corp (IDVV)

[I Hub Fan]

LOS ANGELES, CA / ACCESSWIRE / August 24, 2020 / International Endeavors Corporation "IEC" (OTC PINK:IDVV) today announced that it has sold its CBD Winery asset to Belu Organics Inc. in connection with which Belu Organics granted IEC a revenue agreement to the Company's use of the CBD Winery brand name, website and future sales.

Bill Martin, Vice President of International Endeavors Corporation (IEC) stated "I'm pleased to announce sale of this asset as we transition out of the CBD / MMJ sector to focus on finalizing our MOU with ECO Resorts and Clean Energy. We benefit from this transaction as Belu already has a footprint in the CBD industry to help grow the line, and IEC will receive a percentage of revenue up to twenty percent (20%) from any future sales."

Other Corporate Updates

The company would like to update its shareholders that it has NO plans in the foreseeable future of doing a reverse split.