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Innovest Global Releases Independent Auditors Report to PCAOB Standard
Innovest Global Releases Independent Auditors Report to PCAOB Standard.
About this update from Innovest Global Inc
[{"type":"text","content":"\nCLEVELAND, Oct. 19, 2018 (GLOBE NEWSWIRE) -- Innovest Global Inc. (OTC Markets: IVST) (the “Company” or “Innovest”), has released its 2017 and 2016 independent auditors report. The report verifies financial results for 2017 and 2016 by an independent auditor, who states, “In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2017 and 2016, and the results of its operations and its cash flows for each of the years in the periods ended December 31, 2017 and December 31, 2016, in conformity with accounting principles generally accepted in the United States of America.”\n The statements also detail 2018 material subsequent events including all of the acquisitions Innovest has announced this year, to date. “These verified financial results will serve as the first domino for our growth model. They demonstrate our results to prospective acquisition partners and investors. Importantly, the completed audit is a key requirement of the uplisting process that we have consistently noted is part of our long term plan,” said Dan Martin, Innovest’s Chairman and Chief Executive Officer. NMS Inc., a longstanding Ohio accounting firm conducted the independent audit to PCAOB (Public Company Accounting Oversight Board) standards. Those standards require the auditor to plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The financial statements and the complete report, as well as all Innovest disclosures are available by searching the trading symbol “IVST” on www.otcmarkets.com. About Innovest Global, Inc.Innovest Global, Inc. (OTC Markets: 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, a Biotechnology & Health Services Division, and our new Building Materials Division launching soon. For more information, please visit: http://www.innovestglobal.com, and follow us on Twitter and Facebook @i...