Integrated Ventures Inc (INTV)

[sundownsam]

The question that you need to asks yourself, why increase shares? Increasing authorized shares of stock creates new shares that can be issued to existing shareholders to increase ownership percentage or sold to new shareholders to raise additional capital for the corporation.

If they give it to shareholders as a split then expect a reverse split down the road. Most likely is to be sold to new shareholders to raise additional capital ultimately diluting the stock and most likely reverse splitting down the road.

In either case, expect to sit on this stock for a long while. You probably will be able to sell here and their, but do not expect a penny stock to give you high return unless they do have something big.

By the way, I do own the stock.