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You make no sense. If it's a scam as you keep saying, why would you buy it at ANY price? I call BS!!!
Yup - I did too. I got close to 100,000 shares at those prices.
Just came across the newswire now...
PHILADELPHIA , May 14, 2021 /PRNewswire/ -- Integrated Ventures Inc. , ("Company") is pleased to confirm the filing, after today's market close, of its quarterly report on Form 10Q, for the Q3, ended March 31, 2021.
The key financial highlights are as follow:
Reported Record Total Revenues: For the Q3/2021, the Company generated its highest ever revenues of $696,805 vs $130,910 for Q3/2020, an increase of over 432%, while cost of revenues was almost unchanged at $266,897 vs $261,484 for Q3/2020.
Reported Record Gross Profit: The Company reported, for the first time, a gross profit from mining operations and sales of mining equipment, in the amount of $429,908 vs a gross loss of ($87,710) for Q2/2021, an increase of over 590%.
Reported Record Total Assets: As of March 31, 2021, the Company reported the total assets on balance sheet were $5,145,938 vs $546,822 as of June 30, 2020. The ending cash balance was $99,974.
Reported Record Mining Equipment Purchases And Commitments: during Q3/2021, the Company executed purchase orders for 452 miners, with total cost of $2,970,723. In addition, INTV had signed a 12 month supply agreement with Bitmain for 4,800 units, for a total price of $34,047,600. Thus, the total for all mining equipment purchases and future commitments consists of 5,252 units for total purchase price of $37,018,323.
Reported Record Total Digital Currencies Holdings: As of March 31, 2021, the Company's had $1,515,201 of digital currencies on its balance sheet, consisting primarily of Bitcoin (BTC), Ethereum (ETH) and Chainlink (LINK).
Reported Positive Shareholders' Equity: As of March 31, 2021, the Company reported total shareholder equity of $709,964 vs ($109,603) as of June 30, 2020.
Reported Reduction of Liabilities: As of March 31, 2021, the Company reported total liabilities of $310,974 vs $656,425 for as of June 30, 2020, with a balance of $0.00 in convertible debt and derivative liabilities.
Steve Rubakh , CEO of Integrated Ventures(INTV), adds the following commentary:
"INTV had delivered a record breaking Q3, in terms of (1) total mining revenues, (2) mining equipment purchases (3) total asset growth and (4) equity-based capital raised. Mining revenues increased by 432% in the quarter, while cost of sales and other operating costs (excluding non-cash, related party, 2 year old, stock-based accrued compensation (*)) remained fairly constant.
Based on current cryptocurrency market pricing, INTV projects that mining revenues for Q4/2021 to be above $995,000, which is a 30% increase vs Q3/2021.
The total total revenues for 2021 are projected to be in $2.3-$2.4 million range with a 60%+ gross margin. With zero convertible debt, $14+ million raised and newly secured power capacity, INTV is set to move forward with aggressive expansion plans with a goal to reach, at minimum, $32 million, in annual mining revenues by June 30, 2022."
(*) Please see page 16 and paragraph 5 (Related Party Transactions) for additional details.
About: Integrated Ventures,Inc.is a Technology Portfolio Holdings Company with focus on Blockchain Technology and Cryptocurrency Mining.
For more details, please visit the Company's website: www.integratedventuresinc.com.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, and various other factors beyond the company's control.
Contact Details: 215-613-1111 sr@integratedventures.io
Cision View original content:http://www.prnewswire.com/news-releases/integrated-ventures-reports-record-q32021-revenues-of-696-805-with-balance-sheet-containing-3-522-563-in-mining-equipment-assets-and-1-515-201-in-digital-currencies-301291685.html
SOURCE Integrated Ventures Inc.(INTV)
Unless you own any of this, why do you care?
Not anymore. BTC now at 52K+.
@AP - I agree wholeheartedly (And I really hope Steve does too). Using a R/S to meet an uplisting price target is a band-aid that is invariably met with massive shorting. I would much prefer a methodical approach to organic growth (which may take longer --- but I'm patient) and will ultimately result in a company whose share price is underpinned by solid financials.
Another form 13 just posted - CVI Investments, 15M shares - 7.9% ownership stake
And look what Steve posted on Twitter a while ago ....
Integrated Ventures, Inc
@IntVentures
Told everyone, Eagle put no pressure on stock? Scambags jane, puma and mainly cdel.
Integrated Ventures, Inc
@IntVentures
· 1h
Contact and report jane, puma and cdel. All garbage mms involved in gme fiasco too. SEC Investor Complaint Form https://sec.gov/oiea/Complaint.html
9:45 AM · Mar 26, 2021·Twitter for iPhone
Well, Steve did tell us on Twitter the other day, "Buckle up - the ride is just beginning". I think most of were hoping for a different kind of bumpy ride. LOL!! I still believe long-term, this is going to be just fine. A lot of weak hands getting shaken out right now. GL!!
Grabbed 5K more at 0.45 and another 5K at 0.425 today. INTV pre-rocket launch sale. GLTA!!
I think you and MadCasper are the INTV whales. Nice work on the impressive accumulation.
I'm not quite in the same club, with only 250,000 at around 0.03, but I'm quite happy with where things are headed here. GL!!
Speak for yourself. There's a LOT of longs here who are holding at average prices WAY WAY below this trading channel. And we're not worried in the least.
@EliSmith - That seems like good advice from what I can see too. I am trying to hold some in reserve in case some good bargains appear... GL!
@Jimmlu59 - IDK, but it's more than zero, since they don't appear to have stopped dumping yet. Hopefully, they'll be done soon. It's getting a little old watching BTC be up and we can't seem to break free of the 50 handle. GL!
@tat4tat -- "A stock that couldn't get past 0.80???" Not for nothing, but it IS up around 300% for the week. In some circles, taking a bit of a breather after that wouldn't be considered out of the question. You might remember that we did get a dip mid-week? But, seriously, with BTC continuing its charge (at around $57K when I last looked), the positive PR's, more people becoming aware of INTV and other positive catalysts previously mentioned, I'd be hard pressed to find a reason to short this right now. By all means, though - have at it - I expect there will be no lack of buyers when you sell those borrowed shares. GL! I think you're going to need it.
@brt100 - One important difference is that in 2017 INTV only had 40M shares outstanding, so the $6.74 peak it hit represented a market cap of around $280M. As of today, we have 153M shares O/S. Granted, the enterprise valuation is much higher today than it was in 2017, with daily revenues much higher now and the other catalysts you mentioned as well. So if we assume a market cap of $600M is possible, then that would correspond to around $4 per share. But, of course, in OTC land - anything goes!!! So who knows, maybe it could break even higher. GL!!
@MikeC. Good points. Like all technical indicators, RSI can be helpful in making an objective decision on market conditions. It is definitely helpful in determining market exhaustion, but it's always a good idea to use it in conjunction with other indicators such as momentum, money flow, ADX, etc. However, even then, there are other market factors (especially in the OTC markets) that sometimes defy the "truth" the technical indicators would have us believe - like when a buying (or selling) frenzy occurs, seemingly out of nowhere. Personally, I would prefer to see INTV steadily climb to new levels, building significant support along the way, rather than rocketing up with no sustaining power behind the move. Although those 80+% up days look great on paper, they are most helpful to day-traders and swing traders. If we are to have any hope of this hitting $4 so it can be uplisted, I believe the most viable path to that is deliberate and steady upward momentum with new money flowing in and establishing solid support levels. When the inevitable pullbacks occur, it's always nice to see a critical support level hold; it gives confidence to investors that the upward move is legitimate and sustainable. GL!
Just came across the newswire now:
PHILADELPHIA , Feb. 18, 2021 /PRNewswire/ -- Integrated Ventures Inc, ("Company") is pleased to confirm that Eagle Equities, LLC has completed its final conversion and as of 02/16/21, the Company's balance sheet contains zero convertible debt.
Steve Rubakh , CEO of Integrated Ventures(INTV), adds the following commentary:
"Integrated Ventures, Inc(INTV) has eliminated all of its outstanding convertible debt and is looking forward towards building momentum, in regards to growing revenues and increasing share price.
"As we are starting to firm up a plan of action for a potential uplisting onto a major stock exchange, we recognize the importance of a strong balance sheet in order to maximize shareholder confidence.
"We look forward to further optimizing the Company's financial position and its balance sheet to qualify for the up-listing and will continue to update the corporate progress to investors and shareholders.
"We anticipate the current elimination of the derivative liabilities and growing revenues to have a positive impact on our Q3 financials."
About Integrated Ventures Inc(INTV): The Company operates as Technology Holdings Company with focus on cryptocurrency sector.
For more information, please visit company's website at www.integratedventuresinc.com.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, and various other factors beyond the company's control. "project," "intend," and similar expressions.
Contact Details:
Steve Rubakh
+1 (215) 613-1111
sr@emsfindapp.com
Bought some more at 0.40 on the dip today. Back up to 250K shares and ready for the continuation of the run (as soon as the RSI cools off a bit - A little unreasonable to expect a 84% day followed by a 53% day and not see some consolidation). GL to all here!
L2 showing 0.5498 ATM...
I bought a LOT of those dips. Have been slowly accumulating since 2017, using profits from options trades to buy more shares. I don't have as many shares as some here, but definitely enough for a game-changing outcome if INTV breaks into dollar-land. GLTA!!
You're quite welcome - all in the interest of keeping the board informed
FYI : Here's a couple of recent tweets from Steve -
Integrated Ventures, Inc
@IntVentures
Fact: Convert debt funding only works in up market. Eagle money = 2mil in revs. 3-4 weeks, intv will be free.
7:39 PM · Feb 2, 2021 from Richboro, PA·Twitter for iPhone
Integrated Ventures, Inc
@IntVentures
New purchase order for WhatsMiners. PR next few days.
10:44 AM · Feb 1, 2021 from Richboro, PA·Twitter for iPhone
@madcasper - I remember those posts. I was buying a lot of shares too when it was 0.0099 to 0.013, although I have no where near as many as you do! GL!
I've been holding a decent size position at an average cost of 0.035. My plan is to sell 10% of it if we hit 0.30. At that point the remaining 90% of the position will be house money. GL!
Whoa!! BTC selling off pretty hard right now. Down 19% from the ATH. It's had a nice move up though, so I guess time to take a breather.
Read my post again. I didn't say anything about Jack Dorsey tweeting constantly. My assertion was that Twitter acting as the arbiter of what constitutes "hate speech" (A lovely leftist term which applies to everything they disagree with - but I digress) when they purport to be a "free-speech" platform with Sec. 230 protections, is resulting in large numbers of revenue-generating accounts being deleted or leaving voluntarily and is going to have a demonstrable negative effect on their business. I was trying to make the case that a CEO doesn't necessarily have to "say" or post anything to damage his business (and, by extension, the shareholders). In this case (and in most in general), actions always speak louder than words.
Steve should probably set up a personal account on Parler to tweet his opinions instead of using the company account, but that's up to him.
@AP17 - Thanks for posting the video!
Hey @AP17, Looks like the video evidence you've been asking for has been posted. How about putting these at the top of the page where they belong?
BTC now above $22K. Looks like a nice breakout is underway.
Hmmm... Something's up. We just printed 0.03 at 2:28 PM.
PHILADELPHIA , Nov. 13, 2020 /PRNewswire/ -- Integrated Ventures Inc.(INTV) , ("Company") is pleased to confirm the filing of Q1/2021, after the today's market close, for financial period, ended September 31, 2020.
Key Q1 Financial Highlights:
Total Revenues ------- The Company generated total revenues of $220,754.00 (Q12021) vs $107,564.00 (Q1/2020). Revenues consisted of (1) mining revenues of $67,337.00 (*), (2) sales of mining equipment of $14,890.00 (**) and gain on sales of digital currencies of $138,527.00 (***).
Current Liabilities --------- The Company reported total current liabilities of $668,217.00, with only $100,356.00 that will require cash payment.
Net Loss --------- The Company reported net loss of $387,778.00, mainly due to reporting expenses of (1) $207,282.00, due to disposition of retired mining equipment and (2) interest expense, on convertible debt funding, of $100,872.00.
Loss Per Share --------- The Company reported $0.00 net loss per common share
Operating Expenses --------- The Company reported that its total operating and administrative expenses were $99,717.00.
Total Cash --------- The Company reported that the ending cash balance was $102,435.00.
Total Assets --------- The Company reported that the total assets were $562,325.00.
(*) (**) See page 5 (noted in Condensed Statements of Operations Table).
(***) See page 25 (noted in paragraph 2, under Other Income Table ).
The Company is pleased to provide the following comments:
Mining revenues reported were lower due to (1) BTC halving event, which reduced mining rewards by around 50% and (2) less mining rigs connected due to the retirement of all Antminer S9 and Antminer L3 miners.
The Company was able to off set lower mining revenues, with the gain on sales of digital currencies.
Integrated Ventures (INTV) had executed three (3) Letters of Intent, during Q4/2020 and Q1/2021. As of 11/15/2020, the Company does not have any active discussions, in terms of entering into any definitive agreements.
About: Integrated Ventures,Inc.is Technology Portfolio Holdings Company with focus on Blockchain Technology and Cryptocurrency Mining.
For more details, please visit the Company's website: www.integratedventuresinc.com.
Well, of course SOMEBODY had to sell them so you (and others) could buy them.
From the Twitter feed this morning:
Corporate News. Website 9.15am. PR Newswire 9.30am. Additional Distribution 11am. pic.twitter.com/DcOp4i8dUP
— Integrated Ventures, Inc (@IntVentures) August 6, 2020
My average cost is 0.034, so it's nice to see us close above that.
BTC back up above 11,000.....
Actually, it's both.
Meanwhile, others will pick up some cheapies....
LOL! We all have 'em !!!
Yeah, that probably has something to do with the fact that the markets are closed today in observance of the 4th of July.