INTVD - INTVD STOCK NEWS

Integrated Ventures Inc (OTCQB: INTV) has filed its Form 10K/Annual Report for the financial period ending July 30, 2024. The company reported total annual revenues of $5,863,935 for 2024, compared to $3,862,849 in 2023. Total liquid capital increased to $1,771,891 in 2024 from $705,423 in 2023. However, total assets decreased to $3,942,691 in 2024 from $6,590,569 in 2023, mainly due to impairment of property and mining equipment.

The company reported a net loss of $11,524,357 in 2024, an improvement from the $25,459,967 loss in 2023. Integrated Ventures has expanded its operations into the health and wellness sector, focusing on weight loss management solutions. The company has launched four wholly owned subsidiaries: digital currency mining and hosting, MedWell USA, MedWell Direct, and MedWell Facilities.

Integrated Ventures Inc. (OTCQB: INTV) has announced a strategic partnership through its subsidiary, MedWell USA, . The company has signed a Management Services Organization (MSO) agreement with an FDA-licensed pharmaceutical manufacturer, enabling MedWell USA to act as a Procurement Agent for Semaglutide, a leading weight management drug.

MedWell USA will target health providers, wellness clinics, and gyms across 23 states, expanding its presence in the health and wellness industry. The global market for Semaglutide is projected to reach $10.6 billion by 2028, with a CAGR of 14.5%.

The company plans to expand its offerings to include a broader range of pharmaceuticals and medical supplies, with potential for another MSO agreement for Tirzepatide, another GLP-1 based drug. Integrated Ventures Inc. aims to become a trusted partner in the healthcare and wellness industry through its subsidiary's B2B procurement services.

Integrated Ventures Inc. (OTCQB: INTV) has announced two significant developments: (1) the formation of MedWellDirect, , a fully-owned subsidiary focused on Direct-To-Consumer telemedicine solutions for weight loss and GLP-1 products, and (2) the acquisition of a 51% stake in GetTrim.Com, owned by Healthy Lifestyle USA.

This strategic move positions INTV at the forefront of the rapidly expanding medical weight loss industry, driven by increasing consumer adoption of medications like Semaglutide and Tirzepatide. GetTrim.Com and JoinTrim.Com offer unique weight loss solutions supported by advanced telemedicine capabilities and sophisticated marketing funnels. The platforms are compliant with HIPAA and GDPR regulations and can operate in 49 states, including major markets like California, Florida, Texas, and New York.

Integrated Ventures Inc. confirms filing of Form 10K/Report for Financial Period ending on July 30, 2023. BTC production revenues decreased due to weakness in cryptocurrency markets. Net loss of $25,459,967.00 mainly due to expenses. Gross loss of $6,297,476.00. Management exploring fintech and AI/VR sectors for potential growth opportunities.