LOL and ended up purchasing 16 million $ worth of mining machines... its one thing to dilute shareholders and get nothing in return. Shareholders now own a mining company, and I have already shown the revenue guidance once all those machines are humming along.
Nature of the beast, another stock in the ev cobalt sector has an ATM program going on right now. Some short sighted investors are pissed because they are like toddlers wanting instant gratification, but they are building an immense operation and patience is needed.
Others with patience see the assets being built up for future operations. I see the same with INTV, yes it sucks buying at the top happens to everyone at some point. Be prudent investor and mitigate the risks of a fundraise by accumulating prudently.
Here however we are looking at a discounted price to book value for INTV, so for older investors looking to average down they have an opportunity, or those that sold for profit have an opportunity to regain shares, new investors have an opportunity for a great entry imo.
Dont forget another cherry on top... Bitmain payments of about 400k monthly are stopping soon am I right?
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