Integrated Ventures Inc (INTV)

[juststop]

$INTV GOT THE OLE TRICKY WORDING GOING ON, TRYING TO MAKE MINING AND SELLING RIGS LOOK PROFITABLE IN THIS BEAR CRYTO BEAR MARKET!! YOU FOOLING NOBODY STEVE

The Company reported net income for the 3 months, ended December 31, 2018 of $528,776 vs loss of $982,993, for period ended December 31, 2017 or 0.05 cents per share.
For the 6 months ended December 31, 2018, the Company had generated total revenues of $202,715, consisting of revenues from mining operations of $178,378 and equipment sales of $24,337.
The Company reported a net loss of $1,171,446 for the 6 months, ended December 31, 2018, which included non-cash impairment of assets of $2,097,930 and non-cash stock-based compensation totaling $497,159, partially offset by a favorable change in derivative liabilities of $1,965,515. The impairment of assets resulted from the write down of mining equipment to estimated net realizable value.
Company's total assets increased from $829,522 at June 30, 2018 to $1,522,095, at December 31, 2018.
Company's total liabilities of $1,249,528, at December 31, 2018 decreased from total liabilities of $2,964,340, at June 30, 2018.
Due to the favorable change in derivative liabilities, at December 31, 2018, the Company had reported a positive total stockholders' equity of $272,567, compared to a total stockholders' deficit of $2,134,818, at June 30, 2018.
Company's investment in property and equipment, net of accumulated depreciation, had increased from $633,105, at June 30, 2018 to $1,337,944, at December 31, 2018.