02-14-2018 – INTV – Integrated Ventures Reports Q2 Financial Results Including $105,088 Of Crypto Mining Revenues
PHILADELPHIA, Feb. 14, 2018 /PRNewswire/ -- Integrated Ventures Inc. (OTCQB: INTV)("Company") today reported the filing with the SEC, of its Quarterly Report (Form 10-Q), for its Second Quarter, ended December 31, 2017, with an official release scheduled for 10AM. During the three months ended December 31, 2017, the Company reported revenues totaling $105,088, consisting of $59,498 in mining fees and $45,590 in mining equipment sales. The cost of revenues was $46,818, resulting in a gross profit of $58,270 and profit margins of 55%. "The Company had successfully launched operations and received revenues from sales of mining equipment and from operating two cryptocurrency mining locations in Pennsylvania. As we have entered 2018 with a solid cash position, zero convertible...
