International Endeavors Corp. (OTC:IDVV) Releases Corporate Update: Here is How the Stock Reacted

The technology holding firm International Endeavors Corp. (OTC:IDVV) could well be one of the companies that investors may consider looking into today in light of the developments from yesterday.

The company came into focus on Thursday after it released a statement. International Endeavors Corp. noted that over the past several months it had taken the necessary steps so as to allow its members of the board to resign while simultaneously welcoming Ray Valdez, the new chairman.

Valzed would be responsible for leading all the future endeavors of International Endeavors Corp. It was also revealed that on December 20, 2023, the management of the fully owned subsidiary unit WITech.ai would be changed. Bill Martin, the current interim president, would resign, and Valdez would take over in his stead. Over the course of the coming weeks, the company and Valdez will be working on a fresh plan related to a focus on artificial intelligence. It would also be closely related to the growth of the WITech unit.

The company also provided key details with regards to Valdez as an executive. It was noted that he is currently the president of WITech.ai and the chairman of International Endeavors Corp. The company revealed that Valdez was a native of Southern California and possessed experience spanning more than a quarter of a century in business management in Nevada and Southern California. Due to his considerable interest in entrepreneurship, Valdez worked on providing assistance to start-ups throughout his career.

He helped those start-ups not only in generating growth but also in acquiring new businesses. International Endeavors Corp. also stated that over the past few years, he has been closely linked to research and development in the fields of artificial intelligence and automation. It would be interesting to see if the stock gains any attention in the coming days or not.