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jdcpa1

01/13/22 12:18 PM

#59403 RE: Jacobbreiling #59402

From Oct 5th PR:


Power Capacity Expansion Summary: INTV has formed a subsidiary and executed Letter of Intent to acquire 32 acre property with 5 buildings and located in Tioga, PA, with potential power capacity up to 130mw and cost of 4.5 cents per kwh. Property is valued at $850,000.
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Scotttrader80

01/13/22 3:45 PM

#59404 RE: Jacobbreiling #59402

I believe Tioga is like the PR says a joint venture with a INTV subsidiary where the subsidiary purchased said property.

$INTV's end is to manage the facility "hosting" other miners then sharing in said profits in addition to our own mining schedule. There was mention of this profit sharing in May 2019 or 2020? When Steve was trying to acquire another colocation facility in Pennsylvania.

When was the 1st authorized share increase, INTV was wanting to buy another utility company for $39 Million at the time.

Basically we'll be doing what Wattum at Petawatt is doing, Mining Managing and Hosting

Since $INTV didnt lay out any bread to buy Tioga we're not required to file a 8K

China now Pakistan is banning crypto mining, the hosting problems in Kazakhstan are turning mining farms towards the US and Canada.


Good for us