Business
Innovest Global Provides Energy Group Update
Innovest Global Provides Energy Group Update.
About this update from Innovest Global Inc
[{"type":"text","content":"\n \n Innovest Global Inc. (OTC Markets: IVST), \n a diversified industrials company, provides an operational update for \n the Innovest Energy Group.\n \n \n The Innovest Energy Group previously developed and began implementing \n the DCR-100 proprietary energy solution for commercial and industrial \n customers (announced in our (12/04/2018 \n press release). We are happy to report that two (2) of these DCR \n projects are complete to the customers satisfaction and now online. The \n projects generated over $300,000 to the company in revenue. These new \n industrial clients will each save an estimated $40,000 per year in \n electric costs, making the system cash-flow positive for them after only \n three (3) years.\n \n \n The Previously announced joint venture between Innovest Electric \n Solutions and Entrust Energy (02/25/2019 \n press release) has launched with the hiring of four new Business \n Development Specialists who began their corporate orientation on Tuesday \n March 19, 2019. The new business development team will start offering \n the Innovest Electric suite of products to commercial clients \n immediately, with the operational launch of Innovest’s joint venture \n with Entrust Energy.\n \n \n Finally, the Innovest Energy Group is exited to announce contracts with \n four sales channel partners for the purpose of expanding our national \n sales footprint. We are currently training their sales representatives \n on the suite of products offered by Innovest including but not limited \n to the DCR-100, custom infrastructure projects and LED lighting and \n retrofitting of light housings.\n \n \n “Our ability to engage partners that are successful selling our \n solutions, is a testament to the value our products and services create \n for clients. Our energy Group created a scalable platform, hired four \n business development specialists and contracted with four national \n channel partners since the start of 2019. I’m proud of the our \n management team and I can’t wait to see how our new employees and \n partners excel in the years to come,” said Damon Mintz, president \n Innovest Global Inc.\n \n \n More about DCR:\n \n \n The DCR-100 System is a primary metering system. It can be constructed \n within a metal box, or we can install a utility pole and mount it at the \n top. It ste...