Innovest Global, Inc.
(OTCPink:IVST):
Institutional Investors Beginning To Take
Notice
Clevland, OH.
-- August 6, 2018 -- InvestorsHub NewsWire -- Innovest
Global, Inc.
(USOTCPink:IVST)
has had a phenomenal start to 2018 and we are not even halfway
through the year yet. Management's commitment to success and
ability to execute the company's growth plan is beginning to catch
the attention of institutional investors.
A recent
13F filing showed that Beachwood, Ohio-based, Winslow
Asset Management, purchased 10,000 shares
of Innovest Global, Inc. (OTC Pink: IVST)
during the first quarter. The filing detailed that the "purchase
prices were between $0.01 and $0.44, with an estimated average
price of $0.13."
Innovest
Global, Inc.
(USOTC
Pink: IVST) was the only new position that Winslow Asset
Management initiated during the first three months of 2018, which
also added to its positions in Amgen, Inc. (NASDAQ: AMGN) and
Berkshire Hathaway, Inc. (NYSE: BRK.B). Winslow
Asset Management holds 88 stocks with a total value of $516
million, as of March 31, 2018.
IVST: Commercial & Industrial Division Seeing
Triple-Digit Growth
It is
hard to believe that just less than six months ago,
Innovest
Global, Inc.
(USOTC
Pink: IVST) made the major announcement that it had closed on
the acquisition of Shepherd Energy Solutions, which would later be
the heart of Innovest Global, Inc.'s (USOTC Pink:
IVST) Commercial and Industrial division.
Over the
course of the first several months into 2018, the company has
managed to complete three acquisitions in its Commercial and
Industrial division. The May 2nd announcement of the Letter of
Intent to acquire a forensic
energy auditing firm would mark the
fourth completed acquisition for the division if
completed.
As a
result of acquisition surge, Innovest Global, Inc.'s (OTC Pink)
Commercial and Industrial division has effectively gone from zero
to over $4 million in annual
revenue run rate. If the past several
months are any indication,
Innovest
Global, Inc.
(USOTC Pink: IVST) is just getting started.
The
Commercial & Industrial division is primarily comprised of
three different focuses: Energy, Services and Durable Goods. The
Energy services are focused on procurement, consultation and
efficiency solutions. Services provide the quality customer service
and digital marketing efforts. The Durable Goods houses 50,000 OSHA
SKU's and ability to continue expanding even further into other
areas of durable goods.
Here is
a further breakdown of the subsidiaries that comprise each segment
of Innovest Global, Inc.'s (USOTC Pink:
IVST) Commercial and Industrial division:
Energy:
Shepherd Energy Solutions:
"specializes in energy- cost-
reduction for
industrial,
institutional, commercial, business and retail facilities. We
combine a variety of cost-effective approaches and
non-invasive green technologies
to immediately
reduce your utility bills and carbon footprint."
H.P. Technologies: "provides
comparably competitive electricity
and natural gas purchase programs for residential and commercial
consumers, while giving energy suppliers the opportunity to extend
special offers and savings to potential new customers. Our utility
consulting process is a turnkey approach to utility savings that
can be tailored to fit the client's needs."
Services:
Crestwood Management (Call Center):
"full
service inbound and outbound customer service and sales center,
expanding into Digital Marketing services. Innovest's
Call
Center is PCI Compliant, SAS 70 Type II Certified, FDCPA Compliant,
is an ACA International member; and has many internal controls,
policies, and procedures that add to client confidence."
Durable Goods:
Chagrin Safety Supply: "Chagrin
has 35-year history, including having been awarded the master
contract post-911 from the US Postal Service to supply nitrile
safety gloves to the nations
44,000
post offices."
Overall,
Innovest
Global, Inc.
(USOTC Pink: IVST) has a very exciting future ahead, as the growth
momentum continues to pick up speed. The company's success is
beginning to be noticed by institutional investors, after Winslow
Asset Management initiated a new position during the first quarter.
With only weeks left until Innovest Global, Inc.'s (USOTC Pink:
IVST) audited financials are ready and filing OTCQB Venture
Market uplisting documents, the company
prepares for the next phase in its growth story.
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Source:
Derek McCarthy
Strategy Consultant
todaysinvestors.news