After issuing a corporate shareholder update, International Endeavors Corporation (OTCMTKTS:IDVV) fell 6% and 40% last week. On December 7, 2012, the company was upgraded to the OTCMarketsCurrent Status. Vice President Bill Martin said that the last year has been challenging for shareholders as the company has been working towards the upgrade.
Trading Data
On Friday, IDVV stock decreased by 5.92% to $0.0113 with more than 2.02 million shares, compared to its average volume of 753k shares. The stock has moved within a range of $0.0110 – 0.0127 after opening trade at $0.0127.
IDVV Announces OTCMarkets Current Information Status
He added now that the company had attained its Current Status, the plan is to remain current indefinitely. Additionally, the company is working on various projects seeking to enhance shareholder value. Martin added the company is finalizing an acquisition that they will announce by the end of this year, and they expected a fruitful and eventful 2022.
The company engages in the location and acquisition of established brands, companies, and technologies in the green energy industry.Also, International Endeavors Corporation owns a real estate portfolio including agricultural land, buildings, and commercial property. So, IDVV is a stock investors should keep an eye on in the coming months.
Key Quote
Bill Martin, Vice President stated “The past year has been a long one for our shareholders. Now that we’ve achieved it, we intend to maintain current information status indefinitely and are working on several projects to grow shareholder value. We’re finalizing an acquisition that will be announced by the end of the year, and are looking forward to a great year in 2022.”
Technical Data
IDVV stock is trading in the neutral zone as RSI stands at 35. The stock is trading below the 20-Day and 50-Day Moving averages of $0.0191 and $0.0242 respectively. The stock is down 63% in the past month.
