INNOVEST GLOBAL, INC. INNOVEST GLOBAL, INC.
A Nevada Corporation
8834 Mayfield Road
Chesterland, OH 44026
______________________________
Telephone: 440-644-1027
Corporate Website:www.innovestglobal.com
______________________________ ___
SIC Code: 5033
Quarterly Report
For the period ending June 30, 2021
(the "Reporting Period")
As of June 30, 2021, the number of shares outstanding of our Common Stock was: 216,302,457
As of March 31, 2021, the number of shares outstanding of our Common Stock was: 208,372,457
As of December 31, 2020, the number of shares outstanding of our Common Stock was: 191,119,957
Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934):
Yes: ☐ No: ☒
Indicate by check mark whether the company's shell status has changed since the previous reporting period:
Yes: ☐ No: ☒
Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period:
1 "Change in Control" shall mean any events resulting in:
- Any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the "beneficial owner" (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company's then outstanding voting securities;
- The consummation of the sale or disposition by the Company of all or substantially all of the Company's assets;
- A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or
Yes: ☐ | No: ☒ |
- Name and address(es) of the issuer and its predecessors (if any)
The former name of the issuer is Aurum Resource and Asset Management, Inc. We were incorporated in the State of Nevada on October 14, 1999 under the name of International Sports Marketing Group Inc. On November 25, 2003, the company's name was changed to Cal Alta Auto Glass Ltd. On June 1, 2005, the company's name was changed to Cal Alta Auto Glass, Inc. On May 15, 2012 the company's name was changed to Mining Minerals of Mexico, Corp. On July 17, 2014 our name was changed to Aurum Resource and Asset Management, Inc. On January 30, 2017, we changed our name to Innovest Global, Inc.
Other than listed above, and the current doing business name of Innovest Global, Inc. ("Innovest", "Innovest Global") the company has used no other names in the past five years.
The state of incorporation or registration of the issuer and of each of its predecessors (if any) during the past five years; Please also include the issuer's current standing in its state of incorporation (e.g. active, default, inactive):
We were incorporated in the State of Nevada on October 14, 1999. The company is currently registered and active to do business in Nevada and in Ohio, where our headquarters are located.
Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors since inception:
N/A
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:
In the first quarter of 2021, 150,000 shares of preferred stock were converted to 15,000,000 shares of common stock.
The address(es) of the issuer's principal executive office:
Company Headquarters:
8834 Mayfield Road
Chesterland, OH 44026
Tel: 440-644-1027
e-mail: info@innovestglobal.com
Company Website:www.innovestglobal.com
The address(es) of the issuer's principal place of business:
Check box if principal executive office and principal place of business are the same address: ☒
Has the issuer or any of its predecessors been in bankruptcy, receivership, or any similar proceeding in the past five years?
- The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation.
Yes: ☐ | No: ☒ |
If this issuer or any of its predecessors have been the subject of such proceedings, please provide additional details in the space below:
- Security Information
Trading symbol: | IVST (formerly ARMI) | ||||
Exact title and class of securities outstanding: | Common Stock | ||||
CUSIP: | 45781Q 102 | ||||
Par or stated value: | $0.001 | ||||
Total shares authorized: | 500,000,000 as of date: June 30, 2021 | ||||
Total shares outstanding: | 216,302,457 | as of date: June 30, 2021 | |||
Number of shares in the Public Float2: | 41,041,710 | as of date: June 30, 2021 | |||
Total number of shareholders of record: | 427 | as of date: June 30, 2021 | |||
Transfer Agent | |||||
Name: | Pacific Stock Transfer Company | ||||
Phone: 702-361-3033 | |||||
Email: | jclaiborne@pacificstocktransfer.com | ||||
Address: | 64045 South Spencer Street, Suite 403 Las Vegas, NV 89119 | ||||
Is the Transfer Agent registered under the Exchange Act?3 Yes: ☒ | No: ☐ |
- Issuance History
The goal of this section is to provide disclosure with respect to each event that resulted in any direct changes to the total shares outstanding of any class of the issuer's securities in the past two completed fiscal years and any subsequent interim period.
Disclosure under this item shall include, in chronological order, all offerings and issuances of securities, including debt convertible into equity securities, whether private or public, and all shares, or any other securities or options to acquire such securities, issued for services. Using the tabular format below, please describe these events.
A. Changes to the Number of Outstanding Shares
Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods: ☐
Shares Outstanding as of Second Most Recent | |||
Fiscal Year End: | *Right-click the rows below and select "Insert" to add rows as needed. | ||
Opening Balance | |||
Date 12/31/2018Common: 141,050,292 | |||
Preferred: 1,250,000 | |||
- "Public Float" shall mean the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding (a "control person"), or any affiliates thereof, or any immediate family members of officers, directors and control persons.
- To be included in the Pink Current Information tier, the transfer agent must be registered under the Exchange Act.
Date of | Transaction | Number of | Class of | Value of | Were the | Individual/ | Reason for share | Restricted | Exemption |
Transaction | type (e.g. | Shares | Securities | shares | shares | Entity | issuance (e.g. | or | or |
new | Issued (or | issued | issued at a | Shares were | for cash or debt | Unrestricted | Registration | ||
issuance, | cancelled) | ($/per | discount to | issued to | conversion) | as of this | Type. | ||
cancellation, | share) at | market | (entities | -OR- | filing. | ||||
shares | Issuance | price at the | must have | Nature of | |||||
returned to | time of | individual | Services | ||||||
treasury) | issuance? | with voting / | Provided | ||||||
(Yes/No) | investment | ||||||||
control | |||||||||
disclosed). | |||||||||
01/16//2019 | Issuance | 200,000 | Common | $0.001 | Yes | MAGNUM | Advisory Services | Unrestricted | Exempt |
OF LIGHT | pursuant to | ||||||||
LLC | Section | ||||||||
4(a)(2) of the | |||||||||
Securities | |||||||||
Act | |||||||||
01/16/2019 | Issuance | 500,000 | Common | $0.001 | Yes | J. YENGES | Advisory Services | Unrestricted | Exempt |
pursuant to | |||||||||
Section | |||||||||
4(a)(2) of the | |||||||||
Securities | |||||||||
Act | |||||||||
02/21/2019 | Issuance | 1,000,000 | Common | $0.15 | Yes | T. EICHELE | Consideration for | Unrestricted | Exempt |
our purchase of | pursuant to | ||||||||
that company | Section | ||||||||
4(a)(2) of the | |||||||||
Securities | |||||||||
Act | |||||||||
03/07/2019 | Issuance | 160,000 | Common | $0.05 | Yes | JAMES S | Private Placement | Unrestricted | Exempt |
MCANDRE | pursuant to | ||||||||
W & | Rule 506(b) | ||||||||
ROBERT | under the | ||||||||
GLEN | Securities | ||||||||
HARRIS | Act | ||||||||
TTEES | |||||||||
04/03/2019 | Issuance | 67,000 | Common | $0.15 | Yes | D. NUMARK | Subscription | Unrestricted | Exempt |
pursuant to | |||||||||
Rule 506(b) | |||||||||
under the | |||||||||
Securities | |||||||||
Act | |||||||||
04/2019 | Issuance | 3,695,000 | Common | $0.059 | Yes | Authority | Consideration for | Unrestricted | Exempt |
National | our purchase of | pursuant to | |||||||
Supply | that company | Section | |||||||
former | 4(a)(2) of the | ||||||||
owners | Securities | ||||||||
Act | |||||||||
05/29//2019 | Issuance | 500,000 | Common | $0.001 | Yes | D. MINTZ | Consideration for | Unrestricted | Exempt |
our purchase of | pursuant to | ||||||||
Shepherd Energy | Section | ||||||||
4(a)(2) of the |
Securities | |||||||||
Act | |||||||||
05/29//2019 | Issuance | 500,000 | Common | $0.001 | Yes | S. MINTZ | Consideration for | Unrestricted | Exempt |
our purchase of | pursuant to | ||||||||
Shepherd Energy | Section | ||||||||
4(a)(2) of the | |||||||||
Securities | |||||||||
Act | |||||||||
05/29//2019 | Issuance | 500,000 | Common | $0.001 | Yes | J. SIMLER | Consideration for | Unrestricted | Exempt |
our purchase of | pursuant to | ||||||||
Shepherd Energy | Section | ||||||||
4(a)(2) of the | |||||||||
Securities | |||||||||
Act | |||||||||
06/18/2019 | Issuance | 166,667 | Common | $0.15 | Yes | FOURSTRO | Purchase | Unrestricted | Exempt |
NG LLC | pursuant to | ||||||||
Rule 506(b) | |||||||||
under the | |||||||||
Securities | |||||||||
Act | |||||||||
07/09/2019 | Issuance | 100,000 | Common | $0.15 | Yes | J. | Subscription | Unrestricted | Exempt |
JACOBSON | pursuant to | ||||||||
Rule 506(b) | |||||||||
under the | |||||||||
Securities | |||||||||
Act | |||||||||
08/06/2019 | Issuance | 100,000 | Common | $0.15 | Yes | D. | Subscription | Unrestricted | Exempt |
CARTWRIG | pursuant to | ||||||||
HT | Rule 506(b) | ||||||||
under the | |||||||||
Securities | |||||||||
Act | |||||||||
08/06/2019 | Issuance | 133,333 | Common | $0.15 | Yes | R. NURSE | Subscription | Unrestricted | Exempt |
pursuant to | |||||||||
Rule 506(b) | |||||||||
under the | |||||||||
Securities | |||||||||
Act | |||||||||
08/27/2019 | Issuance | 75,000 | Common | 0.15 | Yes | T. WENGER | Subscription | Restricted | Exempt |
pursuant to | |||||||||
Rule 506(b) | |||||||||
under the | |||||||||
Securities | |||||||||
Act | |||||||||
11/08/2019 | Issuance | 200,000 | Common | 0.15 | Yes | T. HABECK | Subscription | Restricted | Exempt |
pursuant to | |||||||||
Rule 506(b) | |||||||||
under the | |||||||||
Securities | |||||||||
Act | |||||||||
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Innovest Global Inc. published this content on 30 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2021 19:20:01 UTC.
