Friday, May 01, 2020 10:43:29 AM
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152757845
BTC and ETH assets were sold / traded / transferred (I suspect more like GIVEN) to other parties at what is believed to be market low prices. Tthe Crypto assets numbers changed to the upside in following 10Qs after I raised the issue here on the board did .
This stock would be in the dollar range if the BTC and ETH they mined originally was retained as assets. Any investor (hedge fund) is more than happy to cover the electricity and rent costs in order to reap the gains on a major move in BTC, which is all but a given.
The Debt and the amount of BTC / ETH INTV has as assets is what matters in relation to the stock price. When the debt was a *mere* $11 Million, which at that time was an outrage....for INTV to be debt free BTC would have needed to be trading at $335,000. ETH would have to be at $25,000. Either were and are completely unrealistic.
The debt has since doubled. That means the price of BTC needs to be higher JUST TO BE DEBT FREE.
The Shares Outstanding are near 10x the original listing.
The Float has ballooned, further reducing the ability for this to ever reach $1, let alone $6.
Recent INTV News
- Integrated Ventures Delivers 376% Q2-to-Q1 Growth With Revenues Of $1,728,108 vs $1,059,064. • InvestorsHub NewsWire • 02/08/2024 01:30:00 PM
- Integrated Ventures Reports Preliminary Q1/2024 Revenue Results Of $1,059,064 vs $555,365 for Q1/2022 • InvestorsHub NewsWire • 11/10/2023 01:30:00 PM
- Integrated Ventures Buys Additional Miners With Focus On $7 Million In Yearly Revenues • InvestorsHub NewsWire • 11/08/2023 01:30:00 PM
- Integrated Ventures Reports $3,862,849 In Yearly Mining Revenues With 162 Bitcoins Produced • InvestorsHub NewsWire • 09/29/2023 02:00:00 PM
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