February Letter to Shareholders Discussing Revenue
Post# of 372
(Total Views: 64)
Posted On: 02/22/2018 2:24:31 PM
February Letter to Shareholders Discussing Revenue ($200K) and Upcoming Acquisitions by Innovest Global Inc.
February 14, 2018 08:00 ET | Source: Innovest Global, Inc
CLEVELAND, Feb. 14, 2018 (GLOBE NEWSWIRE) -- Innovest Global Inc. (OTC PINK:IVST) reports $200K in January revenue among three operating divisions. Additional acquisitions are in the pipeline and key individuals and organizations, such as PCAOB auditors, are being vetted for engagement.
The Company posted its 2017 annual financial reports to OTC Markets, and as previously indicated they show revenue beginning from the late Q4 acquisition of Chagrin Safety Supply.
Baseline revenue of $500K per quarter, is coming from three wholly owned divisions which generated $200K in consolidated revenue for January: Commercial and Industrial Energy, Durable Goods to Businesses, and a Call Center service to business clients. With increasingly larger and more significant client proposals accounting for revenue spikes, management feels strong organic growth rates will outperform the $500K quarterly baseline for these highly scalable divisions. The Telehealth business Sanavida will be launched soon, with news on that forthcoming. The previously announced exit from unproductive mining operations that carried over from the past, will be completed, and announced soon.
The acquisition pipeline remains full. “The Innovest model is extremely attractive to business and technology owners that have lofty objectives right now,” said Innovest CEO, Dan Martin. “We continue to be engaged in discussions that would result in growth, whether with large revenue numbers such as with our Auto Dealer division efforts, or with new technologies that have come calling, such as in the commercial energy business, that would keep us on the front edge of innovation. Most are very exciting prospects, and great people, that our shareholders would really celebrate if they joined the Innovest family.”
Revenue growth strategy continues to focus on organic sales, and acquisitions of existing companies that are strategically appropriate. Management is very enthusiastic about the start of 2018 and the continued demand for its products, services, and partnership opportunities.
Follow us on Twitter @innovestglobal for important company updates! For more information on Innovest contact info@innovestglobal.com, or call Innovest investor Relations Matt Rego at 216.815.1122.
http://www.innovestglobal.com
February 14, 2018 08:00 ET | Source: Innovest Global, Inc
CLEVELAND, Feb. 14, 2018 (GLOBE NEWSWIRE) -- Innovest Global Inc. (OTC PINK:IVST) reports $200K in January revenue among three operating divisions. Additional acquisitions are in the pipeline and key individuals and organizations, such as PCAOB auditors, are being vetted for engagement.
The Company posted its 2017 annual financial reports to OTC Markets, and as previously indicated they show revenue beginning from the late Q4 acquisition of Chagrin Safety Supply.
Baseline revenue of $500K per quarter, is coming from three wholly owned divisions which generated $200K in consolidated revenue for January: Commercial and Industrial Energy, Durable Goods to Businesses, and a Call Center service to business clients. With increasingly larger and more significant client proposals accounting for revenue spikes, management feels strong organic growth rates will outperform the $500K quarterly baseline for these highly scalable divisions. The Telehealth business Sanavida will be launched soon, with news on that forthcoming. The previously announced exit from unproductive mining operations that carried over from the past, will be completed, and announced soon.
The acquisition pipeline remains full. “The Innovest model is extremely attractive to business and technology owners that have lofty objectives right now,” said Innovest CEO, Dan Martin. “We continue to be engaged in discussions that would result in growth, whether with large revenue numbers such as with our Auto Dealer division efforts, or with new technologies that have come calling, such as in the commercial energy business, that would keep us on the front edge of innovation. Most are very exciting prospects, and great people, that our shareholders would really celebrate if they joined the Innovest family.”
Revenue growth strategy continues to focus on organic sales, and acquisitions of existing companies that are strategically appropriate. Management is very enthusiastic about the start of 2018 and the continued demand for its products, services, and partnership opportunities.
Follow us on Twitter @innovestglobal for important company updates! For more information on Innovest contact info@innovestglobal.com, or call Innovest investor Relations Matt Rego at 216.815.1122.
http://www.innovestglobal.com
(0)
(0)Innovest Global, Inc. (IVST) Stock Research Links
What I post is my opinion. Do your own DD. Make your own investment decision. Links, images, & retweets are not endorsements.
1️⃣I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
2️⃣All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
3️⃣I will not and cannot be held liable for any actions you take as a result of anything you read here.
4️⃣Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.
1️⃣I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
2️⃣All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
3️⃣I will not and cannot be held liable for any actions you take as a result of anything you read here.
4️⃣Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.
Scroll down for more posts ▼