Innovotech Inc. announced resignation of Mr. Tom Christensen as a member of the Board of Directors and Mr. David Tam joined the Board on August 13, 2018. Mr. Alan Savage has succeeded Mr. Bernard Grobbelaar as CFO. Mr. Grobbelaar continues to remain a Director.

The company announced unaudited earnings results for the second quarter ended June 30, 2018. For the quarter, the company reported gross revenue of $194,988 against $208,696 for the same period a year ago. Net loss was $66,170 against $26,356 for the same period a year ago. LBITDAS was $62,368 against EBITDAS of $4,339 for the same period a year ago.