Integrated Ventures Inc (INTV)

[dipbuy]

INTV HIGHLY UNDERVALUED: Technical and Fundamentals

INTV Fundamentals during 2017 Bitcoin Peak

Nov. 29, 2017
* Liquid Equity Position Valued at $133K
* 8.3 Million Shares Outstanding

Dec. 12, 2017
* The number of connected and revenue generation mining rigs has reached 104
* Mining revenues up to date stand at $34,000
* since the launch of our cryptocurrency operations on 11/22/2017, the Company has generated revenues in excess of $55,700 which equates to the annual revenues of $668,400

Feb. 14, 2018
* total assets $508,105 at December 31, 2017
* total liabilities $214,946 at December 31, 2017

INTV Fundamentals during 2020 Bitcoin Peak

Nov. 13, 2020
* ending cash balance was $102,435
* total assets were $562,325.00.
* total current liabilities $668,217.00

Nov. 17, 2020
* In total, 395 units (including previously purchased Antminer T17 and GPU powered units) will be connected by December 15, 2020.
* Estimated unaudited annual mining revenues, based on BTC price of $17,000 are tracking at $950,000+ vs actual revenues of $454,170 for year 2020.

Fundamental Comparison


Based on comparison from Dec 2017, and Dec 2020, INTV has similar fundamentals and they are certainly projected to be stronger with Bitcoin (and altcoin) bull market just kicking off.

So why INTV still haven't moved? Let's looks at technical.

First let's look at difference between Share Volume and Dollar Volume.
For stocks that have rapid change in either share structure or stock price over time, the Share Volume is highly misleading to plot on chart.
At $6 for example, 1M shares traded has dollar volume of 6M.
At 1c, 1M shares traded has dollar volume of only 10,000 or 0.1M. In order to trade 6M in dollar volume (fair comparison), it would have needed share volume of 600M. Now you see why plotting Share Volume instead of Dollar Volume on such charts can be highly misleading, esp over time.

Plot #1: Comparing Share Volume vs Dollar volume in 2017
https://i.ibb.co/x87CP5Z/Screenshot-510.png


Plot #2: Comparing Share Volume vs Dollar volume from 2017 to current date
https://i.ibb.co/VmyGyNp/Screenshot-511.png


Plot #2 clearly shows how insignificant the $ vol is compared to 2017 Dec. It took multiple million dollar days (peak $2M) to get from 10c to 1.00. And massive $22M to get to $6+. Since this time, INTV haven't even seen more than $0.5M days, except for the one in May 2020 when INTV went from low 10c to ~40c.

Plot #3: Annoted chart with current technical only focused on $ vol and moving averages.
https://i.ibb.co/1mXp6jQ/Screenshot-512.png




To summarize:
* INTV has similar, if not stronger, fundamentals compared to Dec 2017
* INTV is under accumulation
* INTV is held down by long term resistance which is being tested for months now breakout
* INTV has not seen the dollar volume yet like in past. It is unnoticed. If you are reading this today, you are an early bird and in luck. INTV has upside of 1500%+ from here solely based on fundamentals and past performance.


INTV Live Chart