[Renee]

Integrated Ventures, Inc., INTV, changed to MedWellAI, Inc., MWAI:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[moneyman51]

The last paragraph is all anyone needs to know. CEO is in my opinion a scumbag, and should be in prison pleasing Bubba. Id like him to be somewhere else, but wont say where. Im sure everyone has a place theyd like to see him end up, just fill in the blank.

[moneyman51]

The last paragraph is all anyone needs to know. CEO is in my opinion a scumbag, and should be in prison pleasing Bubba. Id like him to be somewhere else, but wont say where. Im sure everyone has a place theyd like to see him end up, just fill in the blank.

[dipbuy]

Q1 2025 10-Q Summary

Here's a summary of the good and bad from Integrated Ventures Inc.'s Q1 2025 10-Q report:

✅ The Good

Diversification Efforts
- Integrated Ventures has shifted from a pure digital asset mining business into health and wellness via its 51% acquisition of Healthy Lifestyle USA LLC in August 2024.
- The acquisition was relatively low-cost ($350,000, partially paid in shares), with no earn-out obligations due to unmet revenue targets.

Positive Cash Flow from Investing Activities
- Net cash inflow of $1.16M from investing activities in 9M ending March 2025, driven by selling digital assets and relatively minimal capital expenditures.

Revenue Generation from New Sources
- Though digital mining revenue has fallen to $0, the company generated $409K from commissions and $16K from online sales in the 9M period, reflecting early traction in the new business line.

Reduced Depreciation and CapEx
- Depreciation dropped from $2.17M to $1.08M YoY, implying reduced wear on mining infrastructure or a transition to asset-light operations.

❌ The Bad

No Mining Revenue
- Digital asset mining revenue dropped to $0 from $4.77M YoY, as all mining operations were shut down in June 2024 due to high electricity costs.

Liquidated Nearly All Digital Assets
- As of March 31, 2025, the company holds just 0.01 BTC worth $836, down from 27.35 BTC worth $1.71M in June 2024.
- They sold off most of their Bitcoin holdings during the period, effectively exiting the digital asset sector despite it being a core part of their historical business model.

Ongoing Operating Losses
- Net loss for 9M 2025: $2.61M, although narrower than the $9.14M loss in 9M 2024. Still, the company continues to burn cash in operations ($740K outflow).

Significant Shareholder Dilution
- Shares outstanding rose to 6.14M from 5.06M just nine months ago—a nearly 22% increase, largely due to stock-based payments and liability settlements.

Negative Stockholders' Equity
- As of March 31, 2025: $5.3M deficit in stockholders’ equity. This includes nearly $2.1M in accrued preferred dividends and substantial losses over time.

Going Concern Warning
- The report explicitly states there is “substantial doubt” about the company’s ability to continue as a going concern due to a $2.25M working capital deficit and $87.5M accumulated deficit.

Notes Payable in Default
- $500,000 note payable remains in default, with accruing interest and no indication of repayment.

Highly Concentrated Control
- CEO Steve Rubakh is the sole director and employee, receiving $487.5K in compensation for 9M 2025. Previously, he received $8.69M in cash and stock compensation in the prior 9M.

[Loudanepro]

You just realized this, lol

[ap17]

200 shares and .25, pretty much sums it all up here. OUCH

[EliSmith]

Back in today. Interested in the long side only right now. Usual stop.

[EliSmith]

IMO one of the most explosive bitcoin trades will be MSTU when MSTR takes off.

[EliSmith]

IMO one of the most explosive bitcoin trades will be MSTU when MSTR takes off.

[EliSmith]

Up almost 6 points on BITX so I'm moving the stop up behind it. Like taking candy from blah blah blah

[EliSmith]

Taking a shot long today BITX Of course I always use a stop if I am wrong.

[EliSmith]

Bitcoin is the easiest game to win on. the entire planet.

[EliSmith]

Sold BITI today.

[EliSmith]

On a presplit basis the stock is worth only about 3 and a half satoshies. I remember the good old days when it was worth 10 satoshies.

[jdcpa1]

Quarterly filing after the bell on a Friday and no PR... guess why? The CEO laid another big turd imo.. this is why the stock is now trading like a shell..

[EliSmith]

Yeah she said whenever it sounds like I'm starting to make sense to her it's a sure sign it's time to adjust her medication.

[madcasper]

for me it was the drywall dust.
that gave me hardening of the brain.
I think real slow, if at all now..
INTV

[EliSmith]

An up day! I told my wife maybe this is the start of a run up to 10 dollars. She said she doesn't know what makes me so stupid but whatever it is is working really well.

[EliSmith]

If there was no reverse split the price right now would be just .002!! You could buy 10,000 shares for 20 bucks if you wanted to waste 20 bucks that is.

[nwsun]

I haven't owned intv shares since early 2021. The current malaise has no effect on me. But in a more general observation, the whole penny stock market has under performed since the blowout season of 2020/2021. It's not the same.

[EliSmith]

I think mgt did the best they could with what they had to work with. Perhaps they will pivot to other revenue sources and if the miners are indeed shut down right now they may be able to turn them back on if the bitcoin price goes high enough. Worth noting that with all the bullish news bitcoin has had recently there has not been much 'sell the news' action although having said that we are dealing with a potential double top right now.

[thecryptomarket]

I'm sorry if you look back years I tried to tell everyone about mining and crypto  and this is not the company if you look at my name I didn't just picked it it picked me I am a computer master I've watched every single piece of technology since 1981. I've watched the market NASDAQ penny stocks and then the new penny stock s******* crypto market. If anyone wants a real investment or a real future feel free to contact me.

[nwsun]

I did so well in this stock both in 2017/2018 and 2020/2021. It's sad to see it falter like it is.. Is it even producing anything at this time? When I first bought in it was some kind of medical service, then RS and became a miner. Sometimes I wonder if these supposed OTC business models are real or exist only in narrative and are part of a nefarious agenda. The whole penny stock market seems to be languishing as though it's being destroyed intentionally.

[EliSmith]

Closing in on my .37 target. If it gets there it will put into play my next target of about .01.

[madcasper]

icarrumba..

[dipbuy]

!! DILUTION WARNING !! 01/29/2025

Market Cap 3,566,111 01/29/2025
Authorized Shares 300,000,000 01/24/2025
Outstanding Shares 5,236,580 01/24/2025
Restricted 3,098,827 01/24/2025
Unrestricted 2,137,753 01/24/2025
Held at DTC 2,084,451 01/24/2025
Float 1,942,453 04/18/2024

Market Cap 10,128,984 01/05/2024
Authorized Shares 300,000,000 01/05/2024
Outstanding Shares 5,064,492 01/05/2024
Restricted 3,076,739 01/05/2024
Unrestricted 1,987,753 01/05/2024
Held at DTC 1,984,551 01/05/2024
Float 1,942,453 04/21/2023

Market Cap 7,199,986 11/30/2023
Authorized Shares 300,000,000 12/01/2023
Outstanding Shares 4,199,992 12/01/2023
Restricted 2,212,239 12/01/2023
Unrestricted 1,987,753 12/01/2023
Held at DTC 1,984,551 12/01/2023
Float 1,942,453 04/21/2023

Share Structure
Market Cap 6,599,987 08/30/2023
Authorized Shares 300,000,000 08/25/2023
Outstanding Shares 3,999,992 08/25/2023
Restricted 2,051,060 08/25/2023
Unrestricted 1,948,932 08/25/2023
Held at DTC 1,945,730 08/25/2023
Float 1,942,453 04/21/2023

Share Structure
Market Cap 7,791,418 07/07/2023
Authorized Shares 6,000,000 07/07/2023
Outstanding Shares 2,864,492 07/07/2023
Restricted 915,560 07/07/2023
Unrestricted 1,948,932 07/07/2023
Held at DTC 1,945,730 07/07/2023
Float 1,942,453 04/21/2023

[EliSmith]

The stock appears to be sending a message.

[EliSmith]

Perhaps more likely is that the crypto mining business bailed on INTV.

[Strategyone]

I believe INTV bailed on the crypto mining business. I have written off this investment but it is a shame. Retarded CEO IMHO

[dipbuy]

BTC went from 16k to over 100k and INTV only went down. What price is significant for INTV to move?

[dipbuy]

0.66 REKT

[EliSmith]

Most times a head and shoulders will have an initial drop and then recover back up to the breakdown area and then the real drop begins.

[EliSmith]

Bitcoin close to moving into bear market territory. Oh My!

[EliSmith]

Look at it this way, if it cost the company 335k one itemfor $1000then it's a darn good thing he didn't sell any more items. Things could get really expensive. Wow!

[Strategyone]

Spot on EliSmith. Typical quarter end/year end shenanigans to capture gains which the fund managers then charge their management fees against. They also sell items to raise capital in accounts to pay themselves their fees.

[EliSmith]

This is why I never wanted options and futures for bitcoin. Wall St controls just about everything you can trade. 

[EliSmith]

So what is the new business plan if any? Where is the value here.
Still think it'll see .37 

[Loudanepro]

You’re always wrong about Bitcoin

[EliSmith]

Looks like the top mat be in for bitcoin for this go around. Doesn't mean we won't revisit it a number of times going forward. Time will tell as usual. Nobody expected this to happen this early including me and that is why I always use stops.

[EliSmith]

Figured revenue had to be decling. Oh well getting closer to my buy point of .37

[Pajuna]

Už je to tady

[jdcpa1]

Did you see the last 10Q? There is no more mining revenue. $86M in accumulated deficit. Online sales $1K and Online Cost of Sales $335K... WTF.....

[EliSmith]

Miners underperformed bitcoin ...tighten stops

[Pajuna]

Myslím si, že za chvíli je konec. Bitcoin je vysoko a Intv u nuly. Nevydelává

[Strategyone]

Unfortunately, I agree with your guess. It is too bad. I really thought Steve was on the right path for a legitimate mining operation but the reverse split was the kiss of death for OTC stocks.

[madcasper]

my guess is Steve gives us one more nice run to sell his shares then quietly
disappears with all the companies,. er I mean all of his mined bitcoin...
INTV :)

[Loudanepro]

Not sure. We will find out the revenue. If you honestly think I’m related to the ceo you’re beyond dumb

[moneyman51]

Sure do. And please humor us all, how many doses of ozempic have they sold? Theyve announced a lot of blah blah blah. Not one dime is going to shareholders, its going all to stevie boy. My guess is, you and stevie boy are one and the same. If not, at least related.

[Loudanepro]

You know they have another business too, right?

[Loudanepro]

Respectfully, you’ve been dead wrong about Bitcoin for years, boomer