$IDVV sold the CBD Winery asset to Belu Organics I

$IDVV sold the 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 from any future sales."