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Innovest Global Inc Is the Fastest Growing Publicly Traded Company in Ohio Trading Five Times the Revenue After Four Acquisitions

Via: ReleaseWire

Updated 9:35 AM CDT, Wed, October 17,2018

Innovest Global has signed a letter of intent, and agreed to final structure for the acquisition of a $30 million revenue company in the Building Materials Industry.

Nutley, NJ -- (ReleaseWire) -- 10/17/2018 -- Innovest Global Inc, (OTCMarkets:IVST), has been consistently trading at a share price that is almost exactly a 5 times revenue multiple. since they have done this through all of 2018, then the pending acquisition for 30 million dollars in new revenue for the company should have a lot of traders very excited. You should take a look at the stock. The share price this year has gone from $0.02 in January to $0.23 where it sits today and again it's always maintained a 'Sales to share price" ratio of around 5:1. In just 10 short months IVST has maintained this 5X 'Revenue to Share Price' multiple in part because they have completed 5 acquisitions and have NOT issued any convertible debt. This is course my opinion but let's take a closer look.

The 1st acquisition noted in this brief was Chagrin Safety supply which was doing $500,000 in sales and carried with it a stock price of $0.02. Subsequently, after each of the next 4 acquisitions post Chagrin Safety, the company added revenue to the company's balance sheet, and the market reacted by sending the stock price up accordingly. Innovest Global Inc received what is believed to be a holding company fair market value in the share price which was reflected as a 5X Multiple for them but also for other more mature companies in their market. Sure, there was volatility in the market but in every instance where IVST acquired a company during the last 10 months the Stock balanced out ending with a share price of 5X sales. With a pending acquisition that will add $30MM in revenue to the current $4 million in revenue for Innovest, is it safe to assume that they will see the market price of the stock maintain the 5X in price to sales?

It's your call and you should always consult a financial advisor, but you should read the LOI that has everyone on the edge of their seats because this announced acquisition to come could be closing any day now. If they close on this deal and add 30 million in revenue then in your opinion will the stock still be trading at $0.23? If not then how long until it makes it's way to fair market value for a $34 million revenue company?

Move fast and do your homework because this is a company that keeps its promises, which means they are over due to announce the next company move and the revenue that goes with that move. Good luck trading IVST!

August 31, 2018 Innovest Global Inc. (OTCMarkets:IVST) (the "Company" or "Innovest"), has signed a letter of intent, and agreed to final structure for the acquisition of a $30 million revenue company in the Building Materials Industry. This will add to its current operations in commercial and industrial products and services, and its recent biotech acquisition.

This transaction represents a substantial, over five-times increase in Innovest's revenue, and marks entry into its third industry sector. "This is a transformational acquisition for Innovest," said, Chief Executive Officer, Dan Martin.

https://www.marketwatch.com/press-release/innovest-global-set-to-add-30-million-in-annual-revenue-with-pending-acquisition-2018-08-31

About Innovest Global, Inc.
Innovest Global, Inc. (OTCMarkets:IVST) is in the Conglomerates industry, a diversified holding company with operations in commercial and industrial products and services, energy, biotechnology, and health services. Our primary growth strategy is to acquire existing companies in a select few industries, and attract new customers in cost effective ways. Currently, we have a Commercial & Industrial Division, and a Biotechnology & Health Services Division.

For more information, please visit: http://www.innovestglobal.com, and follow us on Twitter and Facebook @innovestglobal.

Contact Information
Corporate Office:
(216) 815-1122
info@innovestglobal.com
Twitter and Facebook @innovestglobal

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For more information on this press release visit:
http://www.releasewire.com/press-releases/innovest-global-inc-is-fastest-growing-publicly-traded-1066759.htm

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