IDVV Announces Acquisition Of Universal Voltage
International Endeavors Corporation (IDVV) has announced its acquisition of Universal Voltage, a clean energy firm, marking its entry into the clean energy market.
The deal aims to generate annual revenues in the mid to high seven figures, with initial sales of $150,000 expected in Q1 2022.
Plans to enhance product visibility through digital media and online sales are in place, enhancing market presence and competitiveness.
Further information on products will be available on the company's upcoming website.
- Acquisition of Universal Voltage enhances IDVV's position in the clean energy market.
- Projected annual revenue of mid to high seven figures post-acquisition.
- Initial sales of $150,000 anticipated in Q1 2022.
- Plans for increased product visibility through digital media and online sales.
- None.
LOS ANGELES, CA / ACCESSWIRE / January 4, 2022 / International Endeavors Corporation "IEC" (OTC PINK:IDVV) today announced it has acquired full control of Universal Voltage, a privately operated clean energy company as part of a deal that will enable the company to immediately enter the Clean Energy Marketplace and produce revenue.
Universal Voltage has a presence in Commercial and Residential Solar, Power Backup, and EV2G / Bi-directional charging sectors with distributorships and partnerships in a variety of products.
Company Vice President Bill Martin stated "We anticipate this acquisition to enable the company to eventually produce yearly revenues in the mid to high seven figure range. There are sales of existing products and installs in Q1 2022 (the next three months) that total
In order to not complicate today's announcement with in-depth descriptions of what the products are, we're planning to go in-depth with everything on our soon to be launched website this month, as well as breaking down full descriptions of each product in a series of upcoming PR's and ads for our products."
IDVV has plans to bring Universal Voltage products into the mainstream through the use of digital media, and online sales, something that Universal Voltage never relied on in the past.
Mr. Marin further stated, "We are very excited about this acquisition and look forward to taking IDVV further into the Clean Energy Sector, more announcements are coming soon."
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The Company currently is reporting its financial information on OTCMarkets.
Our filings can be seen at https://www.otcmarkets.com/stock/IDVV/disclosure
About International Endeavors Corporation (OTC:IDVV)
International Endeavors Corporation is engaged in locating and acquiring established companies, brands, and technologies in both the hospitality and green energy sector. The company also has a real estate portfolio that includes commercial property, agricultural land, and buildings.
Disclaimer
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. International Endeavors Corporation (IDVV) is under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events, or otherwise.
CONTACT
Bill Martin, Vice President
Phone: 1-619-343-3199
Email: billmartin@internationalendeavorscorp.com
SOURCE: International Endeavors Corporation, Inc.
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