PHOENIX, Feb. 06, 2019 (GLOBE NEWSWIRE) -- Uptick Newswire Stock Day Podcast hosts Innovest Global Inc. (OTC Markets: IVST) (the "Company" or "Innovest"), a conglomerate with operations in commercial and industrial products and services, biotechnology, construction and building materials. President, Damon Mintz, talked with Stock Day’s Everett Jolly.
“Innovest Global, we are what’s call a diversified conglomerate company,” Mintz started. “That simply means we acquire companies from a diversified standpoint. So, we are not singular in our industry, we represent several different industries, commercial, industrial products and services, biotechnology, construction, building materials and now our new consumer division.”
He went on to explain they most importantly help the companies that they own grow and reach their fullest potential. By doing that he says they add value to their shareholders through revenue, earnings, and assets.
“We also provide that risk mitigation factor, where by being diversified in multiple industries, if there is a downturn in any one, our company is not affected like companies in that industry if they are singular,” explained Mintz.
Jolly then mentioned that a year ago Mintz’s company Shepheard Energy Solutions was acquired by Innovest Global. Now he’s the president of Innovest. Jolly asked how the journey has been. Mintz said it’s been quite a year.
“I immediately took on a role in early ‘18 to help Innovest acquire companies in my space. We acquired HP Technologies, which is another energy company we own, and that helped grow the energy business,” says Mintz. “Then I led the next acquisition, long story short the role just kept kind of broadening into other divisions and by the end of 2018, I had led our acquisitions across all divisions and was working hand in hand with all those companies. So, Dan {Dan Martin, Innovest CEO} came to me, in what was a great honor and privilege and asked me what I thought about being the president of the company.”
He said the job doesn’t change in terms of what the company does every day, which is building shareholder value, but the size they are today versus 12 months ago does change some of the dynamics. Jolly then asked how they manage all of the moving parts.
“Our philosophy of business is that great people make great companies. So, whenever we are confronted with a challenge, whether it’s growth or anything, the first and foremost thing we look to handle that challenge is our people,” he explained.
He says they are now really poised on a great 2019 because of the leadership and talent within Innovest. Jolly then asked about the focus of the first and second quarter of the year.
“Now as we look out with the 7 companies that we own, with the tremendous potential they have to grow. Now my role is really identified by identifying new acquisitions targets.”
To hear more about Innovest and listen more from Damon Mintz, follow the link to the podcast here: https://upticknewswire.com/featured-interview-president-damon-mintz-of-innovest-global-inc-otcpink-ivst/.
Investors Hangout is a proud sponsor of “Stock Day,” and Uptick Newswire encourages listeners to visit the company’s message board at https://investorshangout.com/
About Innovest Global, Inc.
Innovest Global, Inc. (OTC Markets: IVST) is a conglomerate 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, a Biotechnology Division, and a Construction & Building Materials Division.
For more information, please visit: http://www.innovestglobal.com, and follow us on Twitter and Facebook @innovestglobal.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the OTC Markets. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Contact Information
Corporate Office:
(216) 815-1122
info@innovestglobal.com
Twitter @innovestglobal
Investor Relations:
Hayden IR
(917) 658-7878
hart@haydenir.com
About Uptick Newswire and the “Stock Day” Podcast
Founded in 2013, Uptick Newswire is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Uptick provides companies with customized solutions to their news distribution in both national and international media outlets. Uptick is the sole producer of its “Stock Day” Podcast, which is the number one radio show of its kind in America. The Uptick Network “Stock Day” Podcast is an extension of Uptick Newswire, which recently launched its Video Interview Studio located in Phoenix, Arizona.
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