Integrated Ventures Inc (INTV)

[ClearThinker]

@sdm1002- you are off on your calculations.

Your calculations mentioned the facility can "handle up to 1500 rigs" - INTV doesn't currently have 1500 rigs. They have less than half of that.

Standard PE ratios are 15. Not 30.

You estimated BTC at 25K. I agree a second wave is coming. But, according to a slew of analysts at tradingview, a bear market for BTC needs to be played out first, which they see concluding in a few weeks time. Then almost all are extremely bullish. But your estimated 25K for BTC, while it may happen in 2018, doesn't really reflect the current market.

I think the prices INTV has now, in the low $1 range is valid and accurate for the current BTC market. Going forward, its undervalued. INTV is also trading the cryptocurrencies it mines. The ALT coin market are doing double digit and triple digit gains this month.

I would expect a brief drop in INTV price when BTC drops. It may go back down to $0.70 ... a brief win for the shorts.

One other thing, and this affects the shorters the most. We haven't had a large volume trading day since the $1-$7-$3 run. Most of our daily volume is 25K to 150K shares. Ignore the price at these volumes, it simply doesn't matter or give a picture of how well INTV can do. You need 1M+ days in volume to see the real picture.

Once BTC rises, significantly and fast, as is expected for the second wave...9M shares outstanding of INTV will mean tightness for shares in the market, and a 2M+ day of volume trading will mean that shorters will be scrambling to cover.