Innovest Global, Inc. (OTC Pink: IVST) has made quite a splash in 2018, as the company has seen major operational milestones and a year-to-date return of nearly 1,000%. The stock started off the year at $0.025 and has hit a high of $0.50, before settling around the current $0.20 level.
Despite the recent correction in shares of Innovest Global, Inc. (OTC Pink: IVST), management seemingly marks new major operational milestones on a regular basis. This continues to create a major divergence between operational value and market value.
Market makers continue to short and manipulate the price lower, which is creating a massive short squeeze opportunity. As the overall business continues to gain steam through record sales and active acquisitions, the market will eventually correct itself and push the short sellers out.
As a result of the market makers’ continued greed and shorting the stock lower, Innovest Global, Inc. (OTC Pink: IVST) is a major short-squeeze waiting to happen.
IVST: Record Sales of $326K in April, Major Contracts and Acquisition Announcements
Innovest Global, Inc. (OTC Pink: IVST) is not your typical Pink Sheet stock. The company is run by seasoned business professionals that have a strong history of successful management. The recent updates are just a glimpse into what this team can achieve.
Record Monthly Sales:
Management recently announced that Innovest Global, Inc. (OTC Pink: IVST) saw record monthly revenue of $326,000 during April 2018. The revenue came from the company’s Commercial & Industrial Energy division, which now has a $4 million annual revenue run rate.
The company also released a summary of the operational achievements 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.
Sales Contracts:
On April 23, 2018, Innovest Global, Inc. (OTC Pink: IVST) announced it had signed a $118,000 sales contract for its first “Demand Cost Reduction,” or DCR, system sale. The DCR system is a primary metering system that can assist with eliminating wasted energy. Overall, the DCR system is capable of eliminating wasted demand charge up to 70% and cut electricity costs by up to 40%.
“I can’t overstate the significance of what we believe the added footprint of this new technology will do for our Energy Group,” said Division President, Damon Mintz. “We trained our national sales team last month, and it’s truly a game changing technology for our Commercial & Industrial clients. When financed through our LEEP program, it is once again something we offer that is financed with cost savings and has no out of pocket costs.”
On April 30, 2018, Innovest Global, Inc. (OTC Pink: IVST) also announced it has signed a five-figure LED lighting sales contract with the world-renowned equestrian facility, Stachowski Farms. The company’s Energy Division will equip the arenas, stable, and training right with energy efficiency lighting solutions.
“It takes a lot of hard work and attention to detail to have the kind of success Stachowski has had,” said Damon Mintz, Innovest Commercial & Industrial Division President. “We’ve worked with them for several months designing this. They had very specific requirements stemming from their belief that particular lighting characteristics can have a dramatic positive effect on coats and breeding. Together, we feel this lighting can be a transformational new standard in the equestrian lighting niche, and we are excited to have a stalwart in the equestrian community be our partner in the showcase facility and taking the systems to market.”
On May 4, 2018, Crestwood Management, Innovest Global, Inc. (OTC Pink: IVST)’s national call center, announced it has won a five-figure contract with MRI Software. The national software leader serves Public Housing Authorities (PHAs) across 44 states.
Here are some more unique things about Crestwood Management:
- All employees must pass the HIPAA and PCI trainings and compliance every 6 months to continue employment (exceeds requirements).
- Provides true partnership to customers through planning, implementation, and ongoing budget management.
- Top Management is directly involved with every project and brings 60+ years of direct marketing experience and knowledge.
- We offer boutique service, so your project doesn’t have to fit the mainstream concept. Your project will be created, trained and implemented as required by you. We don’t force your square into our circle.
- Extensive knowledge of Medicare/Medicaid requirements and compliance.
- We strategized with our client’s Team to develop systems to enhance account maintenance through prioritization and modeling, experienced agents for your business type, and state of the art technology
- Customer journey-focused interactions resulting in minimal customer complaints.
- Bilingual agents available.
- Client-specific Agents cross-trained so workforce adjustments possible according to demand.
- Ability to take on special projects quickly and maintain service levels and project goals.
- Trainings are developed with “adult learning concepts” so when classes move onto live calls each agent retains and utilizes knowledge, greatly reducing the turnover experienced at other call centers.
Acquisition:
In early May 2018, Innovest Global, Inc. (OTC Pink: IVST) announced that it has signed a Letter of Intent to acquire a forensic energy auditing firm with $500,000 in annual revenues. Once completed, the latest acquisition would be the fourth so far within the Commercial & Industrial Energy division. Overall, the forensic energy auditing firm operates by providing audits for organizations, businesses, and agencies. Once the audit is complete, the energy efficiency team is able to make recommendations on how to cut costs and ensure less wasted energy.
Audit and Uplisting Update:
Innovest Global, Inc. (OTC Pink: IVST)’s Chief Financial Officer, Mike Yukich, provided shareholders with an update on the company’s two-year PCAOB audit and uplisting plans. Mr. Yukich noted that the audit will be completed by the end of May, when the company plans to immediately uplist to the OTCQB Venture Market.
“Dan Martin (Innovest Chairman and CEO) has been fanatical about advancing Innovest shareholder interests,” said Mr. Yukich. “He is concerned with one thing: maximizing shareholder value. We make decisions with long -term focus, and have avoided short -term thinking. He and the board, and I, believe OTCQB is an ideal immediate goal to achieve our long-term goals. Once we apply, we will be on their (OTC Markets) timeline so its difficult to predict if and when we may be successful. But, OTC has been an incredibly helpful partner over the past several months, and we are looking forward to the process.”
Overall, Innovest Global, Inc. (OTC Pink: IVST) continues to hit new operational milestones, as the seasoned management team executes on its vision. While short sellers are creating some headaches, the stock is setting up for a sizeable short squeeze. The market makers and short sellers will not be able to continue their campaign for long, based on the rate that management continues to make progress. The low-float share structure creates a very ideal environment for buyers to have their revenge against the short sellers. For now, investors anxiously await the PCAOB audit completion and uplist to OTCQB Venture Market, which could be very catalyst needed to drive the short sellers away. Innovest Global, Inc. (OTC Pink: IVST) has a very bright future ahead and patient investors are likely to be major benefactors.
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