August 2018 Letter from the President to Shareholders

(Published Wednesday, August 29, 2018)
by David Snell

 

To our shareholders,

 

The first half of 2018 has been good for Ivrnet, with EBITDA* over $500,000, new clients, new sales partners and a variety of new initiatives.

Continuing the theme of my previous letter, one of my goals is to increase our connection with the financial markets, client markets, and most importantly our shareholders. We are doing this by:

  • Highlighting new products and services on independent review sites
  • Publishing informative materials for markets
  • Connecting with the media to build brand awareness
  • Consistently publishing on social media

We have increased our activity on social media, particularly LinkedIn and Facebook, and thus grown our following. For example, our LinkedIn presence has grown exponentially—from 80 followers one year ago, to more than 800 today. If you have not already, I would love for you to join us in the social spaces.

Follow us on LinkedIn and Facebook to find:

  • Updates about company direction and success stories
  • Geeky insights about things like AI and Augmented Reality
  • Down to earth insights around using Ivrnet tools for purposes such as financial security and improving your community

Ivrnet takes pride in providing meaningful and material benefits to society through our tools and services. The Ivrnet team is proud that over the years we have assisted emergency relief, and quite literally and directly, saved a life. Ivrnet has been called upon by some of the largest corporations and governments in Canada. We want to share these stories with our shareholders, clients, and partners, and we admit that we would like you to share them with others. While our goal is to generate value for our shareholders, Ivrnet operates on a “directive” that guides us in generating this value ethically, long-term, and stably for all involved. I want to share this vision, to highlight this vision, to reinforce this vision, as we execute this vision. As we have progressed in sharing this vision and sharing our success, we have progressed in generating value for our shareholders. I want this to continue at an even faster pace.


Sincerely,

David L. Snell

CEO, Ivrnet Inc

 

 


*EBITDA is a non-IFRS financial measure that does not have standardized meaning under IFRS and may not be comparable to similar measures presented by other issuers.  EBITDA, as used by Ivrnet, and is defined and reconciled to its most directly comparable IFRS measure within Ivrnet’s Management’s Discussion and Analysis for the quarter ended June 30, 2018 under the section “Non-IFRS Financial Measures”, which is available electronically at www.sedar.com under Ivrnet’s profile.