Integrated Ventures Inc (INTV)

[Strategyone]

I was hoping Steve was an upstanding business man but I stand corrected. He RS this and crushed any possible momentum. Granted, he did warn. He also said he needed to RS to raise cash for more machines and/or M&A. Which means, he is about to dilute in a recession market. Sorry, but this will not be good for any current shareholders. Steve will issue himself a ton of new stock at similar prices to what the venture capitalists get out of him. That will likely be around .10 on the $ where ever this stock price settles. Those doing math on the "current" share structure will be rudely awakened when the next shoe drops.

I will continue to watch but I have mentally written this one off. Much more invested in RIOT and MARA (and several others).

Keep diversified.