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I look forward to seeing how many shares INTV have sold over the last 3-4 months. This dip reeks dilution.
Crypto might have a few rough months ahead but remember, the team is smart enough to sell their crypto holdings and wait for stability. Their ability to intelligently play the market will keep this company afloat even in a bear market. So lets hold tight and when BTC returns to the ATH+ we should see a healthy INTV. - nfa
welp, I averaged down a bit more before close. -- 40% drops in BTC is common in these bull runs. when this bounces we should see some epic moves when BTC heads for 100k+$.
Has the company been selling any shares or has this dip just been mostly retail scared BTC is going into the ground?
Their twitter has been much quieter than usual. I look forward to watching them tweet their way out of this. /me grabs popcorn to wait for them to grow a pair and be honest with their shareholders.
The weakest hands right now are INTV as it is pretty clear they are selling shares because they dont want to sell the product they produce until it 5x's in value. Pretty awkward kind of business strategy.
Stinky Pink strategy. sell shares r/s later.
I hope they prove me wrong but so far it's going as predicted.
$INTV is most likely selling shares to cover costs because they don't want to sell any of their crypto to do it. Why sell crypto when they can sell shares and then r/s in 6 months?
They don't care about any investors at this point. They only care about raising capital without selling the product they produce because their product will 5-10x in value over the coming years.
Alt season in full swing, INTV portfolio is over 2mil$, solid BTC mining numbers. All great news however, they plan to not sell any of that to pay their bills because of the significant growth crypto will have this year into next. So my question here is, how many shares INTV is going to sell today, tomorrow, next week? I really hope they rethink their strategy and not screw the investors who bought here and above by running this back down to a sub penny stock and r/s their back up to Nasdaq levels.
Don't screw us INTV.
Btc is holding 58k and INTV can't hold gains. With how much the company pulls in and their 2mil$ portfolio are they just dilluting this stock to pay for everything and will just r/s in 6months giving anyone who buys now the shaft?
They better sell with finesse and this better not continue and eventually push for a r/s to boost this to nasdaq levels.
no idea but set a hail mary sell at $5 lol. already in this for more years than I can count so might as well sit and see what happens.
I look forward to any PR that comes out to explain this random move.
I just smashed the ask but looks like there is a controlled seller still. Eagle has nothing left so it isn't them.
Hopefully they let it once in awhile to keep the stock from heading down much further.
Finally some reasonable bid support. Let's see what happens here.
I just bought some shares.
Dear CEO of INTV,
Please do not dilute this stock on us. BTC will make this moon. Thanks!
Regards,
All Shareholders
02/18 - % of volume short: 61.56%
Lets hope for a squeeze :)
https://www.nakedshortreport.com/company/SOS
I am one of them as well. Im not really sure what this is saying.
I am not a pro by any means as well but it looks like they have cut back a lot in expenses to rethink their strategy.
The below is a good thing imo as this happened before the corona virus. I can't image too much dating going on right now in China.
Revenues
For the three months ended December 31, 2019, we had total revenues of $4,146 as compared to $33,460 for the three months ended December 31, 2018. The revenues during the three months ended December 31, 2019 were mainly generated through in-app purchases in our mobile applications Little Love. The decrease of $29,314, or 88%, during the three months ended December 31, 2019 was primarily due to that the Company temporarily suspended the advertisement, the number of active users of Hotchat and Little Love decreased, resulting in a significant drop in revenue.
This is telling me they are putting their money (the small amount they do have to spend) into R&D.
Research and Development Expenses
For the three months ended December 31, 2019 and 2018, research and development expenses amounted to $5,122 and $494, respectively. The increase of research and development expenses in the amount of $4,628 or 937% during the three months ended December 31, 2019 was primarily attributable to the fact that the Company adjusted the strategy to develop E-commerce business in the app of Little Love in the three months ended December 31, 2019.
Overall, I am not seeing much here and we are hoping one of their apps hit but as long as Cornoa Virus sticks around Little Love isn't the answer.
If anyone thinks otherwise let me know :)
I see they released an 10-k. It seems they took a step back last year to consolidate and are going to give this a shot. I bought this in 2014 so might as well wait it out?
Our Business
General
Our current primary business is in the online dating industry, which we believe fulfills significant needs for single adults looking to meet a companion. Traditional methods such as printed personals advertisements, offline dating services and public gathering places often do not meet the needs of single people. Printed personals advertisements offer individuals limited personal information and interaction before meeting. Offline dating services are time-consuming, expensive and offer a smaller number of potential partners. Public gathering places such as restaurants, bars and other social venues provide a limited opportunity to learn about others prior to an in-person meeting. In contrast, online personals services facilitate interaction between singles by allowing them to screen and communicate with a large number of potential companions before they meet in-person. With features such as detailed personal profiles, email, mobile chat and instant messaging, this medium allows users to communicate with other singles at their convenience and affords them the ability to meet multiple people in an anonymous, convenient and secure setting.
The online personals industry in China has experienced significant growth in recent years. According to 2018 China’s Online Dating & Matchmaking Report, the revenue of China’s online dating & matchmaking sector reached approximately 712 million USD in 2016, accounting for 49.1% of the total revenue of dating & matchmaking market. It is expected that the proportion will expand to 63.1% by 2021. Members of the millennial generation (individuals under 35 years old) tend to have the highest usage of online or mobile personals sites because of the large gender imbalance caused by one-child policy launched by Chinese government back in 1980. (source: https://www.iresearch.com.cn/Detail/report?id=3339&isfree=0)
Another focus of our business is mobile gaming. According to the 2018 China Mobile Game Industry Research Report, in March 2018, the Chinese government suspended the approval of game numbers, which is a part of the approval document of the State Administration of Press, Publication, Radio, Film and Television agreeing to the relevant game publishing and online operation. Such approval of game numbers reopened in December 2018, resulting in a significant decrease in the number of new games in the Chinese game market. The proportion of the Chinses game market in the global market has fallen for the first time in the following six years, from 33% in 2017 to 27% in 2018. However, the Chinese mobile game market still maintains an upward trend in 2018, with market size of RMB 164.6 billion, an increase of 10.5% over 2017. In 2018, the number of Chinses mobile gamers was 626 million, an increase of 2.7% as compared to that in 2017. The Chinese mobile game market officially entered the era of inventory from the incremental era. In the future, the Chinese mobile game market will continue to strengthen the game operations to enhance users’ gaming experience. (source:https://www.iresearch.com.cn/Detail/report?id=3405&isfree=0)
I cant believe I have been holding this since 2013/2014. At least if this runs some day my tax rate will be low :)
Looks like this can pinch. I am in for a few. GL
Do you all think BAS is setup for a pinch?
Go check out the bitcoin site. Tried to use some of my coin to get something and all I see is "We apologize, this product is not available at this time. Please check back later."
Dilution will never stop until it is at no bid. This stock smells as bad as any coin on poloniex.
Not sure why my chart settings keep being reset. Guess they no longer allow live charts from the free version of stockcharts?
Looks strong so far this morning. Hope it runs and tests 0.002 like I initially thought.
I didnt like the way this traded at the EOD. Took my 10% and running. GLTA.
Trading looks healthy today. Look forward power hour.
Awesome news. If the common shares are saved there will a life changing amount of money made here from these levels.
I would hope so! I would love to hear the judge say bonuses will be approved if they also give a 'bonus' to the common share holders and keep the share structure the same when they emerge from bankruptcy :)
Lets be optimistic. Its a big player trying to push sellers to fill the 400k support at 0.066 :)