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Innovotech Inc. (V:IOT)

Business Focus: Pharmaceuticals

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Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for IOT within the last 6 months
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Company News

Jul 15, 2019 02:07 ET
Innovotech Reports Amended Terms of Line of Credit, Comments on Business Activity
Edmonton, AB – TheNewswire - July 15, 2019 - Innovotech Inc. (TSXV:IOT), is pleased to report that the 6% $100,000 working capital loan advanced by a shareholder, which is currently payable on October 22, 2019, has, by agreement, been amended to a 3-year term note maturing on July 15th, 2022.  The new terms will have a positive effect on the Company’s working capital.  These terms allow for the loan to be paid in whole or in part at any time during its period to maturity.  There was no consideration paid for the improved terms agreed with the shareholder.
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Valuation Ratios

Industry
Sector
Beta
0.88
--
--
Price to Sales - TTM
2.61
6.80
15.12
Price to Book - most recent quarter
26.93
3.67
3.07
Price to Cash Flow per share - TTM
--
9.30
13.67
Price to Free Cash Flow per share - TTM
--
9.62
16.53
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Jun 15, 201926,91826,594
May 31, 20193240
Feb 15, 20195480
See Short Report

Business Summary

Sector:  Healthcare Industry:  Pharmaceuticals

Innovotech Inc is a Canada-based company, which operates in the field of biofilm product development, practical services and solutions for dealing with medical, agricultural and industrial problems caused by microbial biofilms. The Company's current products include human and veterinary biofilm susceptibility tests, a seed treatment designed to combat both bacterial and fungal diseases, and an assay used in growing microbal biofilms for research purposes. The Company's products are effective against such diseases as Powdery Mildew on lettuce, White Mould on beans, Bacterial Spot on tomatoes and Fire Blight on apples. The Company's products include InnovoSIL, MBEC Assay Agress and AgreGuard.

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