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Re: Ivegotanace2 post# 41304

Thursday, 10/10/2019 9:39:50 PM

Thursday, October 10, 2019 9:39:50 PM

Post# of 63528
I think shares issued were mostly to pay off debt during the bear market which ultimately killed the price.

The current situation now is:

1. No debt.
2. Mining is profitable with Bitcoin above $4500 so they should be cash flow positive now.
3. Integrated Ventures can now offer long-term contracts for hosting services on monthly or revenue share basis (In theory the power plant can power 78,000 rigs).

The consensus now is that most, if not all the shares have been issued, and that most of that is already in the market (hence the low price). So with the company now 'theoretically' cash flow positive the price could turn around soon.

A lot of speculation of course.
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