Integrated Ventures Inc (INTV)

[SteveWin]

I just looked at Visa, Inc. It is a "payment processing service company" with a market cap of 204.8 Billion, 1.8 Billion shares outstanding, selling for 113.82/share, at a P/E ratio of 48. Visa doesn't issue cards, or loan money - all it does is operate the network that payments move across, and it collects a small transaction fee for each one. A VERY similar model to crypto "transaction verification services" (i.e., "Bitcoin Mining").

If the cryptocurrency processing sector grows to rival Visa, then our mining company's share of that industry (and its 200 billion market cap ** ) will be proportional to our mining capacity's percentage of total mining capacity worldwide.

** "Crypto mining industry market cap" is not the same as what is currently reported as "cryptocurrency market cap", in the same way that Visa's market cap is not the same as the US economy's GDP. The thing reported as "Bitcoin market cap" would be more accurately called "Bitcoin M1 Money Supply". Economists will probably start calling it "C1", in order to be able to track and report the progress as "C1 cryptocurrency" replaces "M1 cash money".

MOST IMPORTANT here, is that the investment world thinks that payment processing companies are tremendously valuable - they are willing to pay 48 TIMES EPS to buy a share of Visa.

So... INTV's 100 currently operating mining rigs combine for about 1320 TH/s (equivalent). 1320 TH/s put into a mining calculator, gave $1,430,000 of profit after 12 months. 1430000 divided by our 8,288,337 (E*Trade reported...) shares, then multiplied by Visa's P/E of 48, gave INTV a value of...

$8.28 per share, right now.

That's a 5.5 bagger from Friday's close.