Integrated Ventures Inc (INTV)

[stockops]

My thinking is based upon logic, method and good DD, so I've put together the timeline below for everyone to peruse and critique. And before anyone asks, yes, I am a shareholder with INTV.

Bear with me here because it should all make a bit more sense in a few minutes…

Based upon the 8K filing dated May 21, 2019, "...the Company and DigiMine LLC (“DigiMine” or the “Holder”) entered into an Exchange Agreement (the “Exchange Agreement”) pursuant to which DigiMine agreed to surrender the remaining 20,000 shares of the Company’s Series B Preferred Stock held by it and terminate its rights under the Security and Pledge Agreement, dated April 30, 2018, in exchange for 10,000,000 shares (“Exchange Shares”) of the Company’s common stock, which is to be issued in ten tranches of 1,000,000 shares each." (Source:https://seekingalpha.com/filing/4506706)

Each of these 1,000,000 share blocks was to be issued in ten (10) increments (being 1,000,000 shares issued every 10 TRADING days for a total of 10,000,000 shares, which would logically be 100 total TRADING days), EXCEPT that "...the Holder may by notice request a delay in any Subsequent Closing based upon its ownership of the common stock of the Company exceeding 4.99% of the outstanding shares...". (Source:https://seekingalpha.com/filing/4506706). I assume this statement falls under limitations set out by SEC Rule 144, which regulates restricted and control securities, and only allows a shareholder who owns 5% or more of a company's OS to sell 1% of their holders per quarter, as long as their total holdings are, or exceed 5% of total OS (unless the rule has changed without my knowledge) (Source: https://www.sec.gov/reportspubs/investor-publications/investorpubsrule144htm.html).

The "Exchange Agreement" was dated 21st May 2019 and the Initial closing would be "...in no event later than May 23, 2019...", (Source: https://seekingalpha.com/filing/4506706), which means that the first batch of 1 million shares could be trading immediately: 1) After May 23, 2019, AND 2) After the date of clearance by the transfer agent.

If the Initial Closing date was May 23, 2019 (a Thursday), the first 1 million shares could have started trading within the next week (May 27-31). The second tranche could conceivably be released within ten trading days of May 23, which would fall on June 6 (again, a Thursday), and so on and so forth.

Here is the estimated breakdown of Initial Closing and Subsequent Closing dates taking into account holidays and if there were no delays at all in the Closings:

- Initial Closing: May 23, 2019
- Second Closing: June 6, 2019
- Third Closing: June 20, 2019
- Fourth Closing: July 5, 2019 (July 4, 2019 was a US national holiday)
- Fifth Closing: July 19, 2019
- Sixth Closing: August 2, 2019
- Seventh Closing: August 16, 2019
- Eighth Closing: August 30, 2019
- Ninth Closing: September 13, 2019
- Tenth Closing: September 27, 2019

Today is July 10, 2019. If the Holder got all tranches sold in sequence and never exceeded 5% OS (which should force a delay in any Subsequent Closing under Rule 144), then feasibly as of July 5, 2019, the 4th tranche could have been released. If all shares due the Holder to today's date sold on the open market, this means that 4 million additional common shares could have been added to OS as of today, July 10, 2019.

Let's look at the information provided:
- INTV's OS as of May 5, 2019 was 31,463,688.
(Source for OS: https://www.otcmarkets.com/stock/INTV/security)
- INTV is profitable mining Bitcoin at above $4500 according to our website (today's Bitcoin is around $12000).
- If Holder's Exchange Securities issued as of July 5, 2019 were sold into the market by today July 10, 2019, today's OS would be 35,463,688, barring any other shares which could have been released between the Initial Closing and today's date.
- If all of Holder's aforementioned 10 million Exchange Securities are issued and then sold into the market in EXACTLY the timeline set out in the agreement dated May 21, 2019 (and without delays in any Subsequent Closing), total outstanding shares could be approximately 41,400,000 shares as of mid-October 2019. This of course would only be the case if no other common shares were issued and delivered between now and mid-October.

Having said all that, considering Bitcoin's economies of scale, an additional 10 million shares being added to the OS over 100-150 days is paltry. Based upon market actions in 2017, an outstanding share count of +/- 41.4 million shares is still miniscule in the grand scheme of things - especially if INTV's Bitcoin generation goes through the roof with all the new miners coming online.

If the majority of the miners come online and the general investing public sees INTV's revenue reports based upon these miners, that is when the feeding frenzy begins. Everyone wants $10 stock now, but long-term investors know that the true mettle of a company is reflected in revenue generation and a strong, consistent cash-flow (among other things).

Please feel free to critique and correct any information that you see as inaccurate. Go INTV.








Any and all opinions or forward-looking statements made herein are the opinion of the writer based upon existing information, and should not be used as advise for investing in this or any other security. My opinions are my own. Be kind to each other and have a nice day.