Market Overview

Innovest Global Ripe For Short Squeeze After Announcing Record Monthly Sales of $326K, Major Sales Contracts, and Acquisitions -- Spotlight Growth

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Sacramento, CA, May 10, 2018 (GLOBE NEWSWIRE) -- Spotlight Growth has published new content on Innovest Global, Inc. (OTC: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 A surprising portion of the world still relies on old and outdated energy systems, which is both cost-ineffective and wasteful of energy resources.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/ 

SpotlightGrowth.com is a digital hub for micro-caps, small-caps, crowdfunding, cryptocurrency, and other emerging growth investors. SpotlightGrowth.com serves as our media subsidiary and provides insights on small cap companies.

Disclaimer:

Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement.

All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated two thousand five hundred dollars cash and fifty thousand restricted shares for the creation and dissemination of this content.

This material does not represent an investment solicitation. Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company's plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management.

The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings.  Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions.

Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: http://spotlightgrowth.com/index.php/disclosures/

Matt Rego
9165257147
mrego@spotlightgrowth.com

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