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Integrated Ventures Executes $1,000,000 Term Sheet to Reassure Investors

Integrated Ventures, a Technology Holdings Company that focuses on cryptocurrency, is executing a Term Sheet with Eagle Equities worth $1,000,000, according to a press release. This is meant to update its shareholders and reassure their investments.

The group has published three developments, which are as follows:

  1. The Company has agreed and executed Term Sheet with Eagle Equities, LLC for Private Placement, in the amount of $1,086,956, which will be used to expand cryptocurrency operations and to support future acquired operations. Use of proceeds: (1) purchases of 500 (*) assorted mining rigs: Antminer S17/S19, WhatsMiner and Innosilicon A10 and (2) deployment of the capital to support potential M&A transactions (**).

  2. The Company has decided to diversify its business operations, by expanding its focus from cryptocurrency mining operations to aggresive pursuit and implementation of M&A roll-up, a growth driven strategy, seeking to achieve, above market, risk-adjusted returns, primarily by targeting: (1) companies in financial distress, (2) undergoing a turnaround or (3) undervalued companies that are looking for financial assistance, due to the current economic conditions. Integrated Ventures intends to acquire, merge-in and consolidate underperforming companies, mainly in the technology sector, which wil allow, INTV to combine all financial and management resources together, to cut down operational costs, and to increase the Company’s revenues and market cap.

  3. To assist with execution of roll-up strategy, the Company plans to engage a business consulting group, with verifiable revenue generating M&A targets. These pre-vetted targets have a history of 2+ year operations with consistent revenues and EBITDA margins of 10%+. The Company intends to pursue such acquisitions, by offering below market multiples to the revenues with 10%-15% in cash and common stock. As of today, the Company has identified two such targets and if successful in closing these two deals, Integrated Ventures’s annual sales are expected to reach around $5.5 million.

The goal here is to reinvest in companies that have been established but are hurting due to the current pandemic. Should they be able to assist these groups, the return would be potentially high. It’s a solid game plan and one that will hopefully work out for the group as time goes on.

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