Friday, March 23, 2018 10:29:52 AM
EXCERPT FROM 1/9/18 PR BELOW:
PHILADELPHIA, Jan. 9, 2018 /PRNewswire/ -- Integrated Ventures, Inc., (OTCQB: INTV) ("Company") is pleased to provide this comprehensive financial update to all shareholders and investors with the following highlights:
[Convertible Debt]
As of December 31, 2017, all of the Company's outstanding Convertible Debt has been eliminated. The process has been accomplished as follows:
Two outstanding Convertible Debt Notes (#1/dated December 30, 2017 and #2/dated July 7, 2017) with Global Opportunity Fund ("Lender") were retired via Share Exchange using Viva Entertainment Group common stock
One outstanding Convertible Debt Note (#3/dated March 28, 2017) with the Lender was converted on 01/05/2018 into INTV shares. The Lender had agreed to the 60 day lock-up period with volume limitations
One outstanding Convertible Debt Note (#4/dated September 9, 2017) with Private investor was retired via cash payment by the Company, in the amount of $5,635.88
As a part of Share Exchange transaction, the Company will receive a cash payment in the amount of $15,000 from the Lender.
[Business Development]
The Company is in advanced discussions with two groups in regards to (Group 1/IT Company) engagement to complete a blockchain software design & development for CryptoFunder and (Group 2/International Bank) to secure funding capital required to market and fund crypto-collateralized debt instruments powered by the CryptoFunder blockchain.
[Share Structure]
The Company's Share Structure (A/O 01/08/2018) is as follows: (A/S) is at 40,000,000, (O/S) is at 8,388,377 and (T/Float) is at 7,308,158.
Steve Rubakh, CEO of Integrated Ventures, Inc, comments: "Our entry into Crypto Currency Mining business has been flawlessly executed and we are very pleased to report that as of 01/05/2018, the Company is officially debt free with all mining equipment and other assets being fully paid for. The Q2/2017 report will be filed no later then February 14, 2018. In addition, we would like to point out that The Company has entered 2018 in the solid financial position with the goal to establish Integrated Ventures as one of the premier companies operating in Crypto Currency sector."
About Integrated Ventures, Inc: the Company is focused on acquiring, launching and operating companies in the Crypto Currency sector, mainly in digital currency mining, an equipment manufacturing, sales of branded mining rigs as well as blockchain software development. For more details about please visit www.integratedventuresinc.com.
About BitcoLab: This majority owned subsidiary is pursuing opportunities in Crypto Currency sector with focus on mining, hosting, pooling, manufacturing and distributing of its own brand of rigs and the development of blockchain applications targeting financial markets. For more details about BitcoLab, Inc , please visit www.bitcolab.io.
About CryptoFunder: The world's first financial blockchain platform which acts like a decentralized and encrypted lending ledger that offers a secure, efficient, verifiable and permanent way of storing records and other lending information. These protocols are the backbone of numerous digital currencies that are being mined by the Company, including Bitcoin, Ethereum and Litecoin. The CryptoFunder blockchain consists of qualifying, initiating, underwriting, processing and managing funding transactions, including tracking of digitally mined assets and using them as a main mode of payment for loans, lending contracts and convertible notes.
"The stock market is a device for transferring money from the impatient to the patient" — Warren Buffett
"The Big Money is not in the buying and the selling but in the waiting" — Charlie Munger
Recent INTV News
- Integrated Ventures Acquires 51% Stake In GetTrim.Com (TM), Telemedicine Platform With Focus On Expansion Into Booming GLP-1 Powered Weight Loss Market • InvestorsHub NewsWire • 09/04/2024 12:45:00 PM
- Integrated Ventures Announces Strategic Entry Into Health & Wellness Industry with Focus on GLP-1 Products • InvestorsHub NewsWire • 08/28/2024 12:30:00 PM
- Integrated Ventures Files Q3/2024 With Mining Revenues Of $1,983,250 And Positive Earnings Of $0.05 Cents Per Share • InvestorsHub NewsWire • 05/15/2024 02:30:00 PM
- Integrated Ventures Delivers 376% Q2-to-Q1 Growth With Revenues Of $1,728,108 vs $1,059,064. • InvestorsHub NewsWire • 02/08/2024 01:30:00 PM
- Integrated Ventures Reports Preliminary Q1/2024 Revenue Results Of $1,059,064 vs $555,365 for Q1/2022 • InvestorsHub NewsWire • 11/10/2023 01:30:00 PM
- Integrated Ventures Buys Additional Miners With Focus On $7 Million In Yearly Revenues • InvestorsHub NewsWire • 11/08/2023 01:30:00 PM
- Integrated Ventures Reports $3,862,849 In Yearly Mining Revenues With 162 Bitcoins Produced • InvestorsHub NewsWire • 09/29/2023 02:00:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM