Sunday, September 18, 2022 5:43:04 PM
-- Warrants in the amount equal to 100% of the number of Shares purchased by such Purchaser and each Share and accompanying Warrant offered at a combined offering price of $0.30 --
They exercised now at original terms of 0.30 that would have equated to another 180 million + shares to the OS instead of 30, because the exploding part would have provided each warrant of the number of shares to equal 0.30 which at 0.05 per share would have been 6 shares, 0.04 pps would be 7.5 shares see how this can get very dilutive and ugly....
The amended terms are very much better for INTV shareholders for what it is. Also they waived the “exploding feature” of the Anti-Dilution Provision. This is what actually saved much more diluting, and kept a cap on it. Very good move and actually looking at it the institutional investors want their shares now, especially as the company gets more and more going. They were priced at 0.001 instead of 0.30. The company receives $30,000 in proceeds, but the institutional investors get 30 million in stead of 180+ million (and also instead of the company getting 4.5 million in proceeds from the original warrants agreement).
-- Company agreed to amend the terms of such Purchaser’s Warrants to purchase up to 15 million shares to provide effective as of June 29, 2022 reduce the exercise price thereof to $0.001 --
So now... its almost guaranteed the OS is going up 30 million shares but thats the absolute limit, and no more from this agreement. Institutional investors will have more ownership now of INTV also. What those institutions do right away with those shares in their brokerage accounts is another story right?
Will they automatically sell at 0.05, 0.04 etc. to cash in those 30 million shares at 0.001... or is INTV actually getting going and they will hold for higher as money starts to come in especially with BITMAIN paid off.
Recent INTV News
- Integrated Ventures Acquires 51% Stake In GetTrim.Com (TM), Telemedicine Platform With Focus On Expansion Into Booming GLP-1 Powered Weight Loss Market • InvestorsHub NewsWire • 09/04/2024 12:45:00 PM
- Integrated Ventures Announces Strategic Entry Into Health & Wellness Industry with Focus on GLP-1 Products • InvestorsHub NewsWire • 08/28/2024 12:30:00 PM
- Integrated Ventures Files Q3/2024 With Mining Revenues Of $1,983,250 And Positive Earnings Of $0.05 Cents Per Share • InvestorsHub NewsWire • 05/15/2024 02:30:00 PM
- Integrated Ventures Delivers 376% Q2-to-Q1 Growth With Revenues Of $1,728,108 vs $1,059,064. • InvestorsHub NewsWire • 02/08/2024 01:30:00 PM
- Integrated Ventures Reports Preliminary Q1/2024 Revenue Results Of $1,059,064 vs $555,365 for Q1/2022 • InvestorsHub NewsWire • 11/10/2023 01:30:00 PM
- Integrated Ventures Buys Additional Miners With Focus On $7 Million In Yearly Revenues • InvestorsHub NewsWire • 11/08/2023 01:30:00 PM
- Integrated Ventures Reports $3,862,849 In Yearly Mining Revenues With 162 Bitcoins Produced • InvestorsHub NewsWire • 09/29/2023 02:00:00 PM
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