Integrated Ventures Inc (INTV)

[Strategyone]

ap17,

Thanks for the reply. I have followed your posts and can see you don't agree with the company increasing the Authorized shares. That is fine and probably a good reason for you NOT to invest in INTV if that risk is not what you are looking for. I respect that opinion.


However, IMHO, the authorized increase is shares IS NOT bad as it IS NOT an increase in shares outstanding. Until the company actually does something with the outstanding share count, I will continue to follow this stock and evaluate it accordingly to their business plan.

With an increased authorization, the risk has increased but it depends on what the company does with the increase as to what affect it has on the value of the stock. For example, if they increased the authorized to cover the need of the preferred shares to simply protect the voting rights of the preferred shareholders, then I am ok with that plan. This may actually protect us as shareholders from an attempt of a hostile take over.

If on the other hand, the company starts issuing a large amount of toxic financing with no end in sight...... then I will likely sell and move on.

If you only see this for the "turd" you claim, why hang around?