Innovest Global Ripe For Short Squeeze After Announcing Record
Monthly Sales of $326K, Major Sales Contracts, and Acquisitions --
Spotlight Growth
Sacramento, CA -- May 10, 2018 -- InvestorsHub NewsWire --
Spotlight Growth has published new content on Innovest Global, Inc.
(OTC PINK: IVST). Innovest Global, Inc. is a diversified holding
company that focuses on acquiring niche, high-growth businesses
that are capable of generating significant annual revenue. The
company’s planned subsidiaries operate across telehealth, biotech,
commercial energy, business-to-business distribution, national call
center and auto sales.
The report provides an overview of Innovest Global, Inc., its
subsidiaries, financials, industry analysis and more. The content
also covers the global outlook for commercial energy and LED
lighting markets.
Technavio: Global Industrial Energy Efficiency Services
Market To Exceed $10 Billion By 2020
Energy efficiency continues to see a global push, as cost
cutting and reducing environmental impact drive demand and
awareness. A surprising portion of the world still relies on old
and outdated energy systems, which is both cost-ineffective and
wasteful of energy resources. As a result, the energy efficiency
services market is forecast to see stable growth over the next
several years.
According to Technavio market research, the global
industrial energy efficiency services market is forecast to be
valued around $10.18 billion by 2020, which represents a compound
annual growth rate (CAGR) of 6%.
According to Renub Research, the global LED lighting market
is estimated to be worth $100 billion by the end of 2024. The
market research firm sees the vast global growth primarily stemming
from exponential global urbanization and greater awareness to
energy efficiency systems.
According to MarketsAndMarkets, the global LED lighting
market is estimated to be worth $92.40 billion by 2022, which
represents a compound annual growth rate (CAGR) of 13.66%. The
market research firm sees the growth being driven by increasing
demand for energy efficiency products, LED costs are falling, and
overall greater adoption of the technology as a general lighting
source.
In PwC’s “2017 Power and Utilities Trend” report, analysts
concluded that a vast majority of the growth will come from a
“blueprint for a service-based model.” This would include: emerging
technologies, monitoring equipment, sensors, energy management
technology, and more.
Innovest Reports Record Monthly Revenue of $326K, Energy
Division Annual Revenue Run Rate of $4 Million
Innovest Global recently released a May shareholder update,
which announced the company reported record monthly
revenues of $326,000 in April. The revenues primarily came
from Innovest’s Commercial & Industrial Energy division. As a
result of the successful developments, the Energy division now has
an annual revenue run rate of $4 million.
Here is a summary detailing of the major accomplishments from
April:
- Generated highest monthly sales in company history,
Board of Directors resolved to apply for uplist to OTCQB upon audit
completion,
Launched ‘Demand Cost Reduction’ (DCR) Energy Efficiency Technology
with first contract, $118K, for one of the six figure efficiency
units (not included in April revenue number),
Launched Equestrian Lighting Solution with signing of world renown
Stachowski Farm contract for Equestrian Showcase, with lighting
technologies that benefit Championship bred horses,
Achieved a Quick Ratio of 2.6, four times the short term financial
health of other Conglomerates, who average 0.6,
Held a leadership meeting attended by 7, 8, and 9 figure
acquisition candidates, and all Innovest executives and board
members,
Integrated another Energy acquisition.
“We have a team of people that are first class, and entirely
committed to execution,” said Dan Martin, CEO of Innovest Global,
Inc. “The team trusts each other and is performing individually at
a high level. And to our Shareholders, we thank you for your trust
in our vision, goals and strategy. The company is a reflection of
its people. The Innovest shareholders are cohesive, and your
encouragement and enthusiasm has been the fuel, that has allowed us
to begin to do great things. We are just getting started and
couldn’t be more thankful for the support.”
On May 2, 2018, Innovest Global announced that it has signed a
Letter of Intent to acquire a forensic energy
auditing firm that is generating annual revenues of $500,000.
The business model of the acquisition target is to conduct forensic
energy audits for businesses and organizations and then providing
recommendations on how to improve cost savings.
Innovest Global CFO, Mike Yukich, recently provided an update on
the company’s audit and uplisting efforts. Mr. Yukich notes that
the PCAOB audit is expected to be completed by the end of
May, whereby the company will immediately begin uplisting to the
OTCQB Venture Market.
Innovest Global, Inc. was also featured on an episode
of Spotlight Growth Live, a video web series that focuses on
emerging growth companies.
For more information on Innovest Global, Inc.,
please
visit http://innovestglobal.com and http://spotlightgrowth.com/index.php/2018/05/09/innovest-global-inc-otc-pink-ivst-a-major-short-squeeze-opportunity/
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Innovest Global (CE) (USOTC:IVST)
과거 데이터 주식 차트
부터 8월(8) 2024 으로 9월(9) 2024
Innovest Global (CE) (USOTC:IVST)
과거 데이터 주식 차트
부터 9월(9) 2023 으로 9월(9) 2024