International Endeavors Corporation (OTCMKTS:IDVV) Stock Surges After Update On Acquisitions and AI

International Endeavors Corporation “IEC”(OTCMKTS:IDVV) on May 22, 2023, announced corporate updates. The firm confirmed that it recently welcomed a number of clients utilizing its AI technology.

IDVV Announces Corporate Update On Acquisitions and AI

WITech, the AI division of IDVV, has commenced serving clients in Health, Financial, and Wellness sectors. The company is expecting to expand services in other areas including Real Estate, Medical, and Legal.

Company Vice President Bill Martin said that the company is pleased on announcing moving ahead. Martin added that the firm has welcomed clients in specific industries to create strategies for every sector. The Vice President added that the company has commenced receiving revenues and plans to use a significant part to make acquisitions in the AI sector.

Furthermore, the senior representative said that the company is targeting acquisitions for expanding services and anticipates an agreement by the end of this month.

A technology holdings company, IEC focuses on Crypto, Clean Energy, and A.I. Specializing in battery storage, solar technology, and clean energy crypto mining for both off and on-grid. It is presently implementing EV2G / Bi-directional charging options, enabling a user to harness EVs as means of backup battery, or for selling power back to the grid.

In the previous year, the firm commenced giving clients Clean Energy Crypto mining solutions through the Plug-n-Play mining rigs. In the current year, it acquired SF Corp and WITech for expansion into the AI sector.

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.