Integrated Ventures Inc (INTV)

[KULiquidGold]

INTV Q2 Financials, NDA, LOI’s, M&A information and other company related highlights.

Q2 Financials, NDA, LOI’s and M&A: 2/11/2020, For the 3 months, ended December 31, 2019 vs December 2018, the Company's total revenues grew at 54%. “The Company safely navigated the crypto market downturn and is confident in its ability to maintain its revenue growth by deploying profitable mining equipment and aggressively pursuing strategic M&A transactions with goal of rapidly increasing shareholder's value. In next few weeks, the Company plans to update shareholders and investors with detailed updates and relevant disclosures.” https://www.integratedventuresinc.com/blog.

2/10/2020, INTV CEO notes on Twitter he is working on NDA and LOI’s. In the Q2 filing announced on 2/11/2020 the CEO mentions…

INTV Financials: Audited

PPS: Up 120+% since the bottom.

INTV ran to $6+ dollars a share: This happened when Bitcoin peaked in 2017 and the mining operations were not near as robust and they have over a 1,000 miners.

INTV crossing 200 SMA on 4h: Last time this happened followed by 200 DMA crossover INTV went from 3c to $6+ dollars. Log charts attached. Thanks for the note from one of our staunch board members.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153765190.

PETAWATT Mining Facility Deal: Integrated Ventures signed a Collocation and Marketing Agreement with PETAWATT, LLC. PETAWATT's power infrastructure allowed Integrated Ventures to lower its power costs by over 50%, from 10 cents to 4.1 cents per kw, greatly enhancing mining profitability and long-term viability. Integrated Ventures has also agreed to market PETAWATT's services to diversify its business by offering hosting, revenue-sharing / pool services via a la carte packages to third-party miners and market participants.

PETAWATT Mining Operations: INTV’s CEO setup the INTV mining operations in the NY location just several months ago in the 2nd quarter of 2019. This is a great news story with significant improvement in the financials and after surviving the crypto-winter.

SC 13G filed on 2/11/2020 by John Lamb: Holding 5.9 million shares.
https://www.sec.gov/Archives/edgar/data/1520118/000180222020000001/JohnLambSC13G.txt
From LinkedIn, his resume accomplishments are impressive:
SVP and CFO - YMCA of Greater Seattle - Jun 2018 – Present
Chief Financial Officer -> Pope Resources Lp -> Apr 2015 – Aug 2017 -> Duration 2 yrs 5 mos
Director of Property Management and Leasing -> Segale Properties -> Oct 2013 – Apr 2015
CFO, SVP of Property Management -> Unico Properties LLC -> Nov 1997 – Apr 2013
Controller -> Shurgard Self Storage -> Apr 1989 – Oct 1997
Audit Senior -> KPMG US -> Sep 1983 – Feb 1987

There are also quite a few private investors holding several hundred thousand or millions of shares as well noted on iHub and Twitter. I’ll leave it up to them to publicize who they are if they choose. There’s also a number of informative INTV content contributors on iHub that posted some of this information.

INTV Share Structure: OS 77.1M / Float 30.7M, https://www.otcmarkets.com/stock/INTV/security. You can compare INTV to mgt! with a float or over 305 million and a higher PPS.

Outstanding amount owed to St. George Investments: Reduced from $500,000 to $131,000. At .02 cents that roughly 6.5 million shares which could trade in a day with MOMO, MOFO, news or big BTC price increases.

Bitcoin Price Soars as Jerome Powell Confirms Crypto’s Threat To U.S. Dollar:
https://www.ccn.com/bitcoin-price-soars-jerome-powell-confirms-cryptos-threat-to-dollar/

Q2 vs Q3 Bitcoin pricing:

Note; click on the charts to see 100% view.

- Bitcoin chart during the Q2 reporting period October – December 2019 had 45 days of Bitcoin over $8,000 and a high of $9,951.

- Bitcoin chart during the current Q3 reporting period January – March about halfway through the reporting window. Bitcoin has had 34 days of Bitcoin over $8,000 and a high today of $10,400 that appears to be moving north. Tracking to be a stronger financial reporting period than Q2.





Q2 Latest Financials announced on 2/11/2020: For the period ending December 31, 2019:
• 54% Revenue Growth And A Significant Reduction Of Operational Expenses
• For the 3 months, ended December 31, 2019, the Company had generated total revenues of $134,301 vs $87,470, for period ended December 31, 2018, which equates to 54% growth rate. Company reported a significant reduction in total general and administrative expenses from $173,512, for the 3 months, as of December 31, 2018, to $87,140, as of December 31, 2019.
• For the 6 months, ended December 31, 2019, the Company had generated total revenues of $243,142 vs $202,715, for period ended December 31, 2018, which equates to 20% growth rate. Company reported a significant reduction in total general and administrative expenses from $730,434 (excluding one time impairment of assets charge), for the 6 months, as of December 31, 2018, to $194,525, as of December 31, 2019.
• As of December 31, 2019, the Company's total assets were valued at $978,911.
• For the same financial period, the Company had reported a positive total stockholders’ equity of $987,911.
• The Company had invested $117,954 into purchases of Antminer T17 and Antminer S17, during last 3 months.
• Company's reported total liabilities of $944,459 (non-cash) or the 6 months, ended December 31, 2019, vs total liabilities of $2,208,259, as of December 31, 2018 and only $34,722 (accounts payable) will require a cash payment.
• The Company's net income loss from operations for the 6 months, ended December 31, 2019, has been reduced to $128,909, from $1,171,446, as of December 31, 2018.

“For the 3 months, ended December 31, 2019 vs December 2018, the Company's total revenues grew at 54%. Total outstanding amount owed to St. George Investments has been reduced from $500,000 to $161,044. The Company safely navigated the crypto market downturn and is confident in its ability to maintain its revenue growth by deploying profitable mining equipment and aggressively pursuing strategic M&A transactions with goal of rapidly increasing shareholder's value. In next few weeks, the Company plans to update shareholders and investors with detailed updates and relevant disclosures.”

https://www.integratedventuresinc.com/single-post/2020/02/11/Integrated-Ventures-Reports-Q22020-54-Revenue-Growth-And-A-Significant-Reduction-Of-Operational-Expenses