INTV - Integrated Ventures to execute 1-for-125 reverse stock split

2023-04-21 09:12:43 ET

• Integrated Ventures ( OTCPK:INTV ) plans to implement a 1-for-125 reverse stock split of its outstanding and authorized shares of common stock.
• Stock will begin trading on a reverse stock split-adjusted basis on the OTCQB Market, when the stock market opens today.
• As a result, every 125 pre-split shares of common stock outstanding will automatically combine into one new share of common stock, without any action on the part of the shareholders.
• The number of authorized shares will be reduced from 750M to 6M after the completion of the reverse stock split.
• The company also reported preliminary results for Q3/2023, generating total mining revenue of $1.47M vs. $370.29K in Q2/2023. Total BTC generated during the period was 63.85.
• INTV projects that Q4/2023 will show additional growth with revenues exceeding $1.7M.

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