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Wednesday, February 10, 2021 12:07:37 PM
https://www.otcmarkets.com/stock/INTV/news/Integrated-Ventures-Receives-375000-Equity-Investment-And-Another-Shipment-Of-WhatsMiners?id=289440
PR Newswire
PHILADELPHIA, Feb. 10, 2021
PHILADELPHIA, Feb. 10, 2021 /PRNewswire/ -- Integrated Ventures, Inc is pleased to disclose that BHP Capital NY, Inc has completed its second funding round, as part of $3,000,000 Equity Investment, in the amount of $375,000, by purchasing 375 Preferred Class C Shares.
Steve Rubakh, CEO of Integrated Ventures, adds the following:
"On 01/28/2021, the Company has issued 8K with details, regarding $3,000,000 Equity Investment by BP Capital NY, Inc. As of 02/05/2021, the total amount funded under this agreement is $1,125,000 million.
"The Company is pleased to confirm the latest shipment of WhatsMiners has arrived and being installed in our NY location. It must be noted, that due to (1) Chinese New Year, (2) low availability of mining equipment for sale and (3) high demand, INTV is committed to executing smart purchases and will only commit to the value priced deals. Thus, on 02/07/21, the Company purchased 26 WhatsMiners, priced at $55,450 (shipping and customs included).
"During the next weeks, INTV plans to announce more details on (1) mining equipment purchases from Canaan (BTC) and PandaMiner (ETH) and on (2) expanded deal with PetaWatt Holdings, including information on purchases of "MiniPods": 20 ft mobile, 300kw, turn-key and fully build out with smart PDUS, modular mining containers, to be installed at Carthage, NY."
About: Integrated Ventures, Inc is Technology Portfolio Holdings Company with focus on Hosting, Development Of Blockchain Applications and Cryptocurrency Mining.
For more details, please visit the Company's website: www.integratedventuresinc.com.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, and various other factors beyond the company's control.
Contact:
Steve Rubakh
+1 (215) 613-1111
sr@emsfindapp.com
View original content:http://www.prnewswire.com/news-releases/integrated-ventures-receives-375-000-equity-investment-and-another-shipment-of-whatsminers-301226018.html
SOURCE Integrated Ventures, Inc
Integrated Ventures Places Purchase Order For BTC Mining Equipment
https://www.otcmarkets.com/stock/INTV/news/Integrated-Ventures-Places-Purchase-Order-For-BTC-Mining-Equipment?id=288591
Integrated Ventures Places Purchase Order For BTC Mining Equipment
PR Newswire
PHILADELPHIA, Feb. 3, 2021
PHILADELPHIA, Feb. 3, 2021 /PRNewswire/ -- Integrated Ventures Inc, (OTCQB: INTV) ("Company") is pleased to confirm and disclose the following details for the purchase order of cryptocurrency (ASICs) mining equipment:
Qty: 121 units
Models: M31S and M32S
Hashing Range: 66th-80th
Total Value: $349,329.00 (paid in full)
Average Cost Per Unit: $2,887.00
Projected Daily Revenues: $1,800.00
Delivery Timeline: estimated arrival by 02/20/21
Steve Rubakh, CEO of Integrated Ventures, Inc adds:
"Major cryptocurrency coins such as BTC and ETH, just recently reached, all time high pricing and showing an amazing strength. The main reason is a significant interest and massive open market purchases by public companies, hedge funds and other financial institutions. INTV's financial position is very solid.
"Driving factors are:
balance sheet with $675,000+ in cash/liquid digital currencies
core business (mining) generates a consistent cash flow
reduction of outstanding short term debt
decrease in operating expenses
deployment of power efficient and profitable mining equipment
consistent performance of the cryptocurrency markets.
"The Company is booking its highest revenues to the date, with 3 full months to be reported on Q3 report. INTV is in process of raising additional capital and plans to purchase Avalon 1246 miners from Canaan with hashing rates of 85TH/87TH/90TH."
About Integrated Ventures Inc: The Company operates as Technology Holdings Company with focus on cryptocurrency sector. For more information, please visit company's website at www.integratedventuresinc.com.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, and various other factors beyond the company's control.
Steve Rubakh
(215) 613-1111
sr@emsfindapp.com
View original content:http://www.prnewswire.com/news-releases/integrated-ventures-places-purchase-order-for-btc-mining-equipment-301221336.html
SOURCE Integrated Ventures Inc.
Integrated Ventures Receives $750,000 Equity Investment To Be Used For Mining Equipment PurchasesPress Release | 01/29/2021
Integrated Ventures Receives $750,000 Equity Investment To Be Used For Mining Equipment Purchases
https://www.otcmarkets.com/stock/INTV/news/Integrated-Ventures-Receives-750000-Equity-Investment-To-Be-Used-For-Mining-Equipment-Purchases?id=288056
PR Newswire
PHILADELPHIA, Jan. 29, 2021
PHILADELPHIA, Jan. 29, 2021 /PRNewswire/ -- Integrated Ventures, Inc is pleased to confirm that BHP Capital NY, Inc has completed its first funding round, as part of $3,000,000 Equity Investment, in the amount of $750,000, by purchasing 750 Preferred Class C Shares.
Steve Rubakh, CEO of Integrated Ventures, adds the following:
"On 01/28/2021, the Company has issued 8K with details, regarding $3,000,000 Equity Investment. The proceeds from $750,000 funding will be used by the Company for mining equipment purchases. Shareholders should be confident that INTV is ready to execute its immediate plans, which include:
purchasing mining equipment
securing additional power capacity
collaborating with PetaWatt Holdings on power distribution and hosting projects."
About: Integrated Ventures,Inc is Technology Portfolio Holdings Company with focus on Hosting, Development Of Blockchain Applications and Cryptocurrency Mining.
For more details, please visit the Company's website: www.integratedventuresinc.com.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, and various other factors beyond the company's control.
Contact: Steve Rubakh, (215) 613-1111, sr@emsfindapp.com
View original content:http://www.prnewswire.com/news-releases/integrated-ventures-receives-750-000-equity-investment-to-be-used-for-mining-equipment-purchases-301218139.html
SOURCE Integrated Ventures, Inc
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