Good observation nvidiaforgames, it will appear on a Form 10K as a subsequent event, clearly states that they are Restricted shares and are not hitting the market place, they are being held out of it. -------------------------------------------------------------------------------------------------------------------------------------------------- "The Company had completed converting of the outstanding principal due on Note by Viva Entertainment Group., (Symbol: OTTV). The total amount received by the Company, including a debt forgiveness from another note holder, was $622,785.51 (unaudited). This transaction has occurred after 06/30/2017, thus it will appear on Form 10K as subsequent event. The Company had completed the first Inventory Financing Round to Viva Entertainment Group, Inc on 07/03/2017, in the amount of $50,000.00. The proceeds are to be used to fund the purchases of OTT equipment (set up boxes), to fund marketing initiatives and to fund software development and technical upgrades for the VivaLiveTV Platform. This transaction has occurred after 06/30/2017, thus it will appear on Form 10K as subsequent event. On August 1, 2017, Integrated Ventures, Inc has agreed to convert $50,000.00 into 55,555,555 restricted common shares of OTTV. As of market closing on August 1, 2017, an estimated market value of this holding was $322,222,222. This transaction has occurred after 06/30/2017, thus it will appear on Form 10K as subsequent event."
55,555,555 x 6.00 = $333,333,330.00 Estimated Value: -Just under Six Bucks-
View original content:http://www.prnewswire.com/news-releases/integrated-ventures-updates-shareholders-with-the-latest-corporate-developments-300498196.html -------------------------------------------------------------------------------------------------------------------------------------------------- Vivalivetv (The Company) is clearly inferring that the Estimated value of their company, to them, is far more than what it is trading for currently in the market place. These guys know where they are headed, they know the route to take to get there and they definitely are not confused as to the future estimated value of the company they are building out. Make no question about it, these guys know they are sitting on an absolute will head geyser, that is going to spew forth an abominable amount of profit going forward making their market value and net worth significantly more than what it is assumed it will be even a year from now.
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