Nfl01mlb02
Posted - 4 days ago
$INVU what is this INVUP ticker that just popped up. Another cheat that they can get away with I suppose. And how about adjusting those shares to the correct float.
RandomGuy38
Posted - 1 week ago
$INVU iGenius website had an update recently. Looks good with good events pipeline. Seems the brokerage info is driving things in a positive direction.
rljr602
Posted - 1 week ago
$INVU If INVU was a private company, had a trading platform designed by someone with Mr. Bell's pedigree, had purchased a no-name but registered brokerage business, and had plans to expand into a full service brokerage, they would have very little difficulty raising seed money in a pre-revenue round or in multiple pre-revenue rounds. And the valuation could be strikingly high. It is not every day that ordinary little peons like me have an opportunity to get in to something like this at these prices. There is ALWAYS risk. Do NOT forget that. But the risk-reward profile here is very attractive.
rljr602
Posted - 1 week ago
$INVU And, FWIW, the bitcoin train has left the station without them. For example, in CALENDAR year 2021, they made $27,166,691.00 in net profit if you leave out the $51,619,440.00 charge for the MPOWER purchase. Due to the increased computing power required to mine Bitcoin and their failure to keep up, combined with the Bitcoin halving and their disastrous decision to move their mining capability to Iceland, they have not made that much profit since in 33 months. Forget Bitcoin unless their computing power is fully restored or the price explodes to two or three hundred thousand (not likely in the near term).
rljr602
Posted - 1 week ago
$INVU Do not be surprised if INVU starts moving upward slowly, without positive news regarding revenue and earnings. In my opinion, there is a lot to look forward to on the brokerage end. Example. By May of 2018 Robinhood has raised 539 million. In May of 2020, 14 months prior to going public, they raised more capital at an 8.3 BILLION valuation while losing money hand over fist. That company is worth over 29 billion at today’s close. They only raised 2 billion when they went public. My point is this. Investors pay attention to known info. And they nearly always front-run pricing and valuation when they have an idea about what a company “might” be worth in the future. I expect that to happen here. INVU’s growth will be slower as it will be difficult to raise capital due to the number of outstanding shares. But they are already public and will not have the massive expense of going there in the future. The brokerage business IS their future. See reply for what I could not include here.
RandomGuy38
Posted - 1 week ago
$INVU igenius down 30%+ is certainly not good. Medium term still has the big positives of decent cash, purchases of stock (though from private investors), Renu labs and brokrage revenue target dates. Was hoping for more update in the crypto world of what's happening today.
rljr602
Posted - 1 week ago
$INVU There is more on the public announcment. This..."We expect to launch and commercialize our Opencash brokerage business in the first half of fiscal 2025. The Opencash business is expected to offer DIY (do-it-yourself) investors an online trading platform application to enable a user-friendly self-directed retail brokerage service experience. Investview expects its Opencash brokerage business unit to be revenue accretive as early as Q2/ Q3 2025."
rljr602
Posted - 1 week ago
$INVU They still have $24,452,902 in cash, of which $21,142,630 is unrestricted. That is very good. They still have the brokerage platform and again, that is very good. It still provides a pathway for monetizing the absolutely stupid price that they paid for MPOWER that to date has generated no revenue. However, there is still a very viable pathway (as of today) for building a business that garners respect on Wall Street and also one that will be highly valued. And, considering Mr. Bell's involvement with the development of Thinkorswim, the trading platform itself should be excellent. No reason to give up. You just have to be patient.
rljr602
Posted - 1 week ago
$INVU The writ of attachment is positive and increases the likelihood of recovering the 1.87 million in "held" credit card transactions. That statement about iGenius is there on every public report that they file. It changes nothing. On FINRA's site, the Opencash Securities owner is still shown as Opencash Finance. There has never been a public proclamation bu INVU that they purchased Opencash Finance. A couple of sites say that they did, but INVU has only acknowledged the purchase of the Opencash brokerage platform. I wish that there was some clarity there.
RJRNAB
Posted - 1 week ago
$INVU Ugh, this thing is dead money for a while. They have no clue what they are doing.
rljr602
Posted - 1 week ago
$INVU Then there is this. "In addition, we plan to develop a business unit that will offer investors an online trading platform to enable self-directed retail brokerage services by integrating the early-stage online brokerage trading platform we acquired during March 2024, with the proprietary algorithmic trading platform we acquired in September 2021." That is good as they at least appear to actually own the Opencash brokerage platform. However, as I said before and nobody wanted to believe me, there is a clear holdup. There will be NO fourth quarter activation of their service as Opencash still has only single state approval for service (Texas). There is no mention (that I have yet to find) in their 10Q of an expected "live date".
rljr602
Posted - 1 week ago
$INVU On October 25, 2024 they entered into an agreement to purchase 121 million shares with three non-affiliate shareholders represented 6.5% of outstanding stock. That is a good thing but again, it was a private transaction. They did NOT purchase shares on the public market and there is no mention of a board approval to do so (at least not one that I have yet to find).
rljr602
Posted - 1 week ago
$INVU For the 9 months ending 09/30/2024 Crypto awards from mining activities DROPPED from $7,798,279 in the previous year's comparable period to $4,288,791 in 2024. Like I said.....they have not kept up.
d_risk
Posted - 1 week ago
$INVU - Investview, Inc. - 10Q - Updated Risk Factors The company is pursuing litigation with a pre-judgment writ of attachment against a credit card processor for $1.87M and faces new regulatory scrutiny on its direct selling model, raising compliance and public perception concerns. #Risk @InvestviewINC https://d-risk.ai/INVU/10-Q/2024-11-13
rljr602
Posted - 1 week ago
$INVU Net Revenue for the quarter ending 09/30/2024 was $11,742,881. Net LOSS for the quarter was $810,648. I deal in facts, not wishful thinking based on nothing.
RJRNAB
Posted - 1 week ago
$INVU weren't they supposed to report earnings on 11/11? This company has a hard time reporting when they are scheduled to. I'm not sure why I still own this thing but I do, hoping for some upward movement so I can move on.
rljr602
Posted - 1 week ago
$INVU They have not benefitted at all from the massive runup in the price of Bitcoin. They were two years behind the curve after the 2021 Bitcoin halving by waiting too long to upgrade their equipment and increase their productive capacity. And what did they do this time? Nothing! Instead, they decided on the not so genius move to move their processing to Iceland where there was "renewable" energy. So they put their fate into the hands of a government dominated by radical, left-wing climate zealots who probably see them as stealing some of their valuable resources. With the Bitcoin halving and the 60% government mandated reduction in power, for all practical purposes Bitcoin has halved more than twice as it relates to INVU.
americanpharoah
Posted - 1 week ago
$INVU anyone know how much bitcoin they hold
RandomGuy38
Posted - 2 weeks ago
$INVU Next week is financials. I'm expecting decent news. A profit between 0.5-1m is my guess. Will they announce they've been engaged or going to be engaged in more buy backs? News about forward progress in the investing brokerage platform would be nice.
blue_horseshoe_9P
Posted - 10/28/24
$INVU Looks like they are looking to leverage their MLM business model of iGenius into a Amway 2.0. Definitely a surprise move and I’m still trying to digest it. My initial reaction was shock and confusion, followed by disappointment. But after thinking about it, Amway does have a $1 billion market cap so we could generate enormous revenue if the iGenius members buy in and run with it. Not sure people who got involved with iGenius for financial literacy will start peddling beauty and skin care products. Let’s see?
RogueValue
Posted - 10/25/24
$INVU https://fda.report/Company/Renu-Laboratories-Inc
Renu's FDA filings on products seeking fda approval/compliance
Tslabull
Posted - 10/25/24
$INVU can someone explaim this to me like im 5?
progolfer
Posted - 10/25/24
RandomGuy38
Posted - 10/24/24
$INVU hmm, well did not have that on my board. INVU made it clear they did not want all its eggs in the Crypto world with declining profit in the BTC mining but skin care was a surprise. I can almost understand their marketing connection as with iGenius they use a bit of that Mary Kay exciting meeting type events and pier sales marketing, and offering members an investing service that touches on quality of life services in different continents (and have utilized that model well). But bitcoin and Skincare are odd pairings. Not saying it is a bad move, I'm sure they will be a helpful partner for growing Renu Labs, but I guess the bottom line is how much did they pay (stock?) and how profitable/close to profitable is Renu? Not sure if they can do it, but if they can really pull together financial services, Crypto, Travel/Lifestyle, and Skin Care and multi-tiered product marketing then the medium term will have an explosive change in stock price . . . but not an easy task.
RJRNAB
Posted - 10/24/24
$INVU WTF????
yodamoof
Posted - 10/24/24
$INVU their first real business news PR in what, two years (don't count the buyback or ERs) and not even some "oh" volume. this stock will never recover the former CEO's arrest a couple years ago. never
rljr602
Posted - 1 month ago
$INVU Don't get ahead of yourself here. In order to buy back shares on the public market, the move must be board approved first. Although there does not seem to be a firm requirement to do so, ALL law firms advise public announcement of that board-approved intent in order to mitigate insider trading issues AND inform the public. There has been no such announcement. Also, I do not see any evidence of any private buybacks (would be reflected by an absence of daily FINRA short volume reporting for that day). However, it is a good thing that price recovery is happening without buybacks. The dealers kept the price below .01 for thirty days with FULL KNOWLEDGE of what would happen after the de-listing announcement. And look at the dump AND the volume after that happened. They made out like bandits. No surprise there because that is what they are.....bandits! Note: this does not mean that insiders cannot buy on the public market, but that is dangerous against any imminent news.
yodamoof
Posted - 1 month ago
$INVU the 9/23 filing On September 23, 2024, Investview, Inc. (the “Company”) received notice from the OTC Markets Group (“OTC”) that the Company’s bid price had closed below $0.01 for more than thirty consecutive calendar days and no longer meets the Standards for Continued Eligibility for OTCQB as per the OTCQB Standards, Section 2.3(2), which states that the Company must “maintain proprietary priced quotations published by a Market Maker in OTC Link with a minimum closing bid price of $0.01 per share on at least one of the prior thirty consecutive calendar days.” As per Section 4.1 of the OTCQB Standards, the Company has been granted a cure period of ninety calendar days during which the closing bid price for the Company’s common stock must be $0.01 or greater for ten consecutive trading days in order to continue trading on the OTCQB marketplace. If this requirement is not met by December 22, 2024, the Company will be removed from the OTCQB marketplace.
yodamoof
Posted - 1 month ago
$INVU think this is nothing more than a compliance recovery-someone's loading to raise the price and get it back safely over .01. or more buyback as the bid is aggressive today