Integrated Ventures Inc (INTV)

[moneyman51]

Agree totally on long play, I'm holding just under 1M shares, praying for just that.
but $150K on $500K for 6 months is a 60% apr. Loan shark terms. So I'm hoping I'm reading that wrong, I'm not a financial guru when it comes to that part of the equation. We are still a startup basically, and hard times are still here, so these huge loans terms are costly when any extra monies could be going towards buying more machines.

Steve's not a stupid man, so I'm sure this was the best that could be done to lock up the 5-year plan now. Maybe the $130K just needed to be paid up front, instead of spreading over 5 years. If that's the case, then the 60% would drop to 12.5% which makes much more sense. Again, all of this is above my pay grade.

Would really like to see our current mining numbers and projected once the transfer of machines is completed.

Good day to all.