Integrated Ventures Inc (INTV)

[Strategyone]

jdcpa1,

Dilution is a problem most of the time. In the past, INTV diluted usually when raising cash to purchase substantial amounts of new mining power which they followed through on. This is ok if managed well over time.

When a reverse split happens, it almost always is due to the need to raise more cash than a company has in shares available vs outstanding. This sends a very strong message to the investment public especially on the OTC market. It usually means the company needs to do a reset and any common shareholder will need to take a substantial haircut. Of course, the owner always has the ability to issue himself new shares at the new lower prices to recover an equivalent percentage of ownership.

Sure, some longtime shareholders can always "average down" to hopefully eventually break even again but that requires a lot of trust in management that just threw you under a bus so to say.

Current management (Steve) has taken a substantial hit to reputation with the RS (and no simultaneous and justifiable deal). I gave them a lot of credit for surviving the last crypto winter and coming out the other side with minimal dilution and increased mining power. With this reverse split, I no longer trust his business acumen.

Good luck to those who choose to stay.