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Most likely Stevie Boy knows for sure since he can see the future with the special goggles they were developing.
Finally an update from Stevie boy. Decent, but then as expected, all profits have gone right back into Stevie's pockets in the form of stock dividends. Amazing, and yet not.
Hopefully Stevie boy takes bottles of ozempic daily, so he just keeps losing weight and disappears completely from this universe. Kind of like what he's done to our share price.
You'll need to go to another board if youre looking for great news.
Time to wake up Stevie boy, it's August. Please update us on the great M&A's you should be finishing up. Can you see the happy ending through the new goggles?
Isnt all this M&A chatter awesome?
Sarcasm AP, it'll take this company over 15 years to mine 1000 coins total. In it's current state it is probably now mining 8-9 coins per month after halving. Maybe 10 if the new machines are up and running.
I'm guessing someone has some insider news for volume to be up like this. Maybe Stevie Boy is going to announce they mined 1000 coins over the past qrtr, and has put in an order for 50,000 new machines to catch up with the mid-tier players? 🤣
Does anyone even communicate with stevie boy the clown anymore? He couldn't handle my emails, so he blocked me from everything. And everything I brought up with him has 100% come true, but all he could do was rage. Maybe if we all had a set of goggles from his new venture, maybe then we would all have a clearer picture of what's going on. lol
Where's our goggles Stevie Boy?
In what realm can intv make a move soon? BTC has gone from $25K to $51K and we are at a lower SP today than we were at $25K. There is zero interest, no one even knows about this company anymore. And it appears no prospects for a merger or buyout, no matter how many times Stevie boy promises there's something around the corner.
He's lost control of this ship, now most likely he's just siphoning off every last dollar for himself.
There isn't even a chance to sell one's shares now. No interest.
Stevie boy has killed all interest in this company. What a winner.
This stock is just a version of Ground Hogs Day.
Wheres Stevie boy? Mr. Absent.
Must be working hard on merger with goggle company.
He must be so proud of the job hes done.
Looks like the tide aint rising all boats anymore. Bitty can run to $100K and this will still only be around $3. Stevie boy will just dilute the profits to himself most likely.
Steve had no reputation back then, he does now, which I believe is fully responsible for this still being in the toilet.
What I think Josh meant to say was explosive diarrhea, not growth.
No truer definition of the word INSANITY.
Absolute JOKE!!!!!!
Pathetic.
My guess is Steve actions are calculated. He acts this way to keep the company small so he can be 100% in control. No one else he has to manage. It also allows him to keep rewarding himself with millions of shares and salary. If the company was to get bigger, list on higher exchange, or even merge, then he'd actually have to start reporting real numbers to both the SEC and to whoever else he merged company with. This way, he gets to keep millions, play playboy, with no one at all to answer too. Nice gig.
Interesting take idfk. Nope, hadn't thought of that all. Most likely because I now don't give Steve any credit for being smart enough to pull something positive off without having to give away the farm, $crewing all long-term shareholders.
All below is my opinion, and probably shared by many that follow this company.
Mad, I almost always agree with and appreciate your takes. But on this one, I have to disagree completely. Most here who are bashing Steve, myself being one of them, were fully in Steves corner for so long. I was always giving him credit and thought he was starting a good thing here. But then he started to act like a spoiled little child, never fully committing to anything. Buy machines and containers, then selling them, moving from one location to another so machines wasted a year of their operating lives just sitting or in transit. Partnering with companies and then not. All the time just spending and wasting money, and grossly over-paying himself thinking he was one of the big players. Then the RS announcement which you can't argue was a disaster killing the SP by 50%. Then the actual RS which cratered it another 50%, all the while not listening to shareholders that RS's are a disaster to current shareholders.
And when you contact and ask him why, nicely to start, he gets nasty like a drunk and starts swearing. Which of course then sends people like me over the top. Our communications from that point on were in the toilet.
He is not trustworthy, making wild claims, hiding info from shareholders, cratering the price to where it will never recover for most shareholders here. All the while after the RS he pays himself $1M. And you don't think shareholders should bash him? What else do we have to make him wake-up, to help shareholders and not just his bank account? Only way to release our frustrations on his actions.
I tried being nice in the beginning with him, but he was a jerk, thinking he's a god. He has no commitment to anything and shouldn't be running a company, at least not with other people's money. Even his last PR stated it and proved it. Goggles? Seriously?
Agree to disagree, but on Steve not liking the bashing, maybe he should start operating the show a little, ok, a lot differently.
Have a nice day.
But no price improvement so nothing good can come from it. Prob steve selling to a short firm, which means they will turn around and tank the stock back to a buck. But stevie boy will get his cut. Rinse and repeat.
How the hell is he not in prison? Hopefully somewhere worse in the near future. This is disgusting.
Whoa!!! 41K shares traded today. Havent seen that voluume in a long time post spit. Whos selling?,Steve's personal, the company for more money, the investor who got share options? Or just a big longterm holder selling for tax loss benefit? Crazy. Bad news or good news, which is coming?
Maybe the company needs money for goggles. Lol
Agree Fly,
I own bitf, cifr, and riot, bitf being my largest of all holdings. Management matters, a skill our clown ceo has never mastered. Maybe he should buy the yellow book CEO TRAINING FOR DUMMIES if it has been written. Can't get out of this now, to huge of a loss.
WOW!!! Just pathetic. Bitty over $44K, all other miners posting 5-10-15% daily gains over the past few weeks, and look what this pathetic stock has done. The only thing more pathetic than the stock movement is the CEO. Great job stevie boy, way to just kill this stock with the RS. Yeah, you definitely knew better than everyone else. Clueless. How's your M&A's coming along? How's the goggle business coming along? Does anyone even know this company exists anymore, other than those of us who have been screwed over by this ceo? Or the new investors that Stevie boy has conned into and offered millions of shares to for money to buy a whopping 200 machines? Yeah, that will keep us in the game. Simply a disaster of epic proportions.
Much appreciated Dip.
Evening Dip,
How does your price predictions workout with these updated numbers. Maybe use 41% profit margins which is i believe what mr clown has stated in the past.
TIA
I understand the workings and how the halving will increase the valuations of the coins. Which you are using in your calculations. However, it does also affect how many coins miners will mine compared to what they do now, and negatively. I believe you are using the same number of coins being mined and also using a higher price for the coins.
How is intv going to continue to mine 21 coins per month (I believe it's much less), once the halving takes place? Our machines are getting older, and all stevie boy has done was add 200+ machines.
Im guessing we will drop to around 10-12 coins per month once the halving takes place.
Please let me know how you calculate intv to continue to mine your number of 21 once halving. It's the only way your numbers and valuations can come true.
Again, appreciate your input.
Also Dip, per last pr, stevie boy projected total revenue for '24 at between $7.7-$$7.9M, with 40% profit margins.
Using these numbers what do your charts show?
Appreciate the convo.
Dip, id love these numbers but I dont believe the 21 coins per month. What youve referenced was one qrtrs numbers. Per last pr it stated 165 for all of '23. There are down months too, and the halving will make things harder and produce less.
How funny, I was typing basically the exact same thing while you were posting.
Amazing, BT has gone from apprx $27K to $38K-$39K since the RS. INTV has gone from apprx pre-split .045 down to .014 as of today. How is this possible? Most every other miner has gone up 60-100%. Great call on doing the RS Steve. Guess I was right, and you were wrong. If no RS, I'd make a wager we'd be in the .06-.08 range right now(pre-split adjusted).
I had such high hopes and expectations for this company. Steve seems to be way in over his head now.
Hey Dip,
Ive seen this 21 coiins per month number before. Where are you getting it? Per last PR the company mined a total of 162 coins for all of '23. Which equates to 13.2 per month. Yes, the company recently purchased 200+ new machines, but with the halving coming up, I dont see where the company will mine anywhere near 21 per month. Maybe not even the the 13.2.
I do love the triple digit comment though.
Open to being corrected, and hoping Im wrong. 😁
Im getting older, my dreams can only go so far. But I definitely like your dream better.
Come on $20.😂
Gotta have deeams.
And here we sit at $1.54 with 4 shares traded. Just amazing leadership by Steve. Clown show at its finest.
Im guessing Stevie boy's doors are being pounded on right now by those 3 companies he mentioned as potential M&A's. Please Stevie, please let us in. We want to partner with you sooo bad. We were just kidding when we laughed last time
Its a start. 239 units for $300K, did I read that right? $1250 per machine? Soon to be outdated or second hand machines? Being serious.. Could still be profitable if electric rates low enough.
However, since the company has been supposedly debt free for some time, and btc being where its at for a few mobths, how in the world does the company only have $300k for expansion? Is the money going into goggles?
Inquiring minds want to know Steve. A personal atm oossibly?
We should have twice the amount of machines by now, if not more.
Maybe when btc hits $100k Steve will buy another 100 machines.
Past 30 days, btc has gone from apprx $26K to now $34,500, about a 25% gain. Most miners have gone up apprx 10-12%, and which start exploding upward at higher % than btc grows. Always does. But no, not intv, it's gone from $1.83 to $1.63 at this moment. DOWN 11%. How pathetic has it gotten with Steve running the show. Unfortunately, he controls it all and his ego won't let him hire smart people. Lets go goggles.