8-K
Investview, Inc. (INVU)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
Washington,D.C. 20549
FORM8-K
CURRENTREPORT
Pursuantto Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): May 18, 2021
INVESTVIEW,INC.
(Exact name of registrant as specified in its charter)
| Nevada | 000-27019 | 87-0369205 |
|---|---|---|
| (State<br> or other jurisdiction of | (Commission | (IRS<br> Employer |
| incorporation<br> or organization) | File Number) | Identification<br> No.) |
| 234 Industrial Way West, Suite A202 | ||
| --- | --- | |
| Eatontown, New Jersey | 07724 | |
| (Address of principal executive offices) | (Zip code) | |
| Registrant’s telephone number, including area code: | 732-889-4300 | |
| --- | --- |
n/a
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| [ ] | Written<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| [ ] | Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement<br> communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Exchange Act: None
| Title<br> of each class | Trading<br> symbol(s) | Name<br> of each change on which registered |
|---|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (Section 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (Section 240.12b-2 of this chapter).
Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
EXPLANATORYNOTE
The information in this report, including the exhibit, is being furnished pursuant to Item 7.01 and Item 9.01 of Form 8-K and General Instruction B.2 thereunder. Such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.
ITEM7.01—REGULATION FD DISCLOSURE
On May 18, 2021, Investview, Inc., issued a press release, a copy of which is attached as Exhibit 99.01.
ITEM9.01—FINANCIAL STATEMENTS AND EXHIBITS
The following is filed as an exhibit to this report:
| Exhibit<br><br> <br>Number* | ****<br><br> <br>Title of Document | ****<br><br> <br>Location |
|---|---|---|
| Item 99 | Miscellaneous | |
| 99.01 | Press Release dated May 18, 2021 | This<br> filing |
| * | All<br> exhibits are numbered with the number preceding the decimal indicating the applicable SEC reference number in Item 601 and the number<br> following the decimal indicating the sequence of the particular document. Omitted numbers in the sequence refer to documents previously<br> filed as an exhibit. | |
| --- | --- |
| 2 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| INVESTVIEW, INC. | ||
|---|---|---|
| Dated:<br> May 18, 2021 | By: | /s/ Annette Raynor |
| Annette<br> Raynor | ||
| Chief<br> Operations Officer |
| 3 |
| --- |
Exhibit99.1

Investview (“INVU”) Reports Accelerating Growth: Highest Monthly Gross Revenue and Income in Company’s History for April 30, 2021
Investview Growth Accelerating: Record Breaking April 2021 Net Revenue Growth of 392% year over year to $10 million and Income from Operations Growth of 1,332% year over year to $4.5 million
| ● | Gross<br> Revenue of $14.8 million, up 598% Year-Over-Year April |
|---|---|
| ● | Net<br> Revenue of $10 million, up 392% Year-Over-Year April |
| ● | Net<br> Income of $4.3 million, up $5.5 million or 426% Year-Over-Year April |
| ● | Income<br> from operations of $4.5 million, up 1,332% Year-Over-Year April |
| ● | Bitcoin<br> Mining Gross Revenue of $3.6 million, up 756% Year-Over-Year April |
| ● | Bitcoin<br> Mined over 12 months period ending April 2021, 806.34 Bitcoin |
| ● | Digital<br> currency holdings as of April 30^th^, 2021, $7.7 million in Bitcoin and NDAU |
| ● | Cash<br> and Restricted Cash as of April 30^th^, 2021 was $10.2 million, up 53% over prior month |
Eatontown, NJ, May 18, 2021 - Investview, Inc. (OTCQB: INVU), a diversified financial technology company that through its subsidiaries and global distribution network provides financial technology, education tools, content, research, and management of digital asset technologies with a focus on Bitcoin mining and the new generation of digital assets, is pleased to announce a new all-time record high combined revenue and income for the month of April from its product sales and Bitcoin mining business segments.
“Our record revenue for April demonstrates solid performance across all reporting business segments. Given the continued strength and momentum of our existing business segments and planned expansions, along with our new additions through our financial services group subsidiary and our new Blockchain management of digital assets and repair service business, we anticipate further growth in revenue and profitability as we expand our business verticals and gain market share in each business segment” said Joe Cammarata, Investview CEO.
“We are proud of our April performance results, which included both revenue and income records across all business segments and strong double-digit growth in each of our product categories, driving financial performance results to an all-time high,” said Mario Romano, Investview Director of Finance. “These results allowed us to generate net revenue of $10 million, net income of $4.3 million, and income from operations of $4.5 million for the month of April 2021. We are confident in our future and intend to continue to make qualified strategic investments to support our long-term plans. These initiatives will strengthen our balance sheet and cash position, and when combined with our consistent focus on our highest-return priorities, we are confident, will generate sustainable long-term value for our shareholders.”
April2021 Financial Highlights
| ● | Consolidated<br> gross revenue was $14.8 million in April 2021, the highest monthly revenue in the Company’s history |
|---|---|
| ● | Consolidated<br> gross revenue increased an estimated 98% over March 2021 consolidated gross revenue of $7.5 million |
| ● | Consolidated<br> net income was $4.3 million in April 2021, the highest monthly net income in the Company’s history |
| ● | Our<br> digital currency holdings of BTC and NDAU increased an estimated 23% to $7.7 million as of April 30, 2021 versus $6.2 million as<br> of March 31, 2021 |
| ● | Our<br> Cash and Restricted Cash as of the period ending April 30^th^, 2021 was $10.2 million representing a 53% increase over the<br> prior month of March 31^st^, 2021 |
Note:The numbers included in this release are initial expected results and are un-audited and may differ from numbers reported in our SECfilings due to compliance with US GAAP, and subject to final review by the Company’s independent auditors.
AboutInvestview, Inc.
Investview, Inc. is a diversified financial technology and global distributor organization that operates through its subsidiaries to provide financial education tools, content, research, and management of digital asset technology that mines cryptocurrencies, with a focus on Bitcoin mining and the next generation of digital assets. Investview – driving decentralization of education and finance through a commitment to blockchain technology. For more information on Investview and its family of wholly owned subsidiaries, please visit: www.investview.com.
Forward-LookingStatements
All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies, and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. These forward-looking statements are based on Investview’s current beliefs and assumptions and information currently available to Investview and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. More information on potential factors that could affect Investview’s financial results is included from time to time in Investview’s public reports filed with the U.S. Securities and Exchange Commission (the “SEC”), including the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. The forward-looking statements made in this release speak only as of the date of this release, and Investview, Inc. (“INVU”) assumes no obligation to update any such forward-looking statements to reflect actual results or changes in expectations, except as otherwise required by law.
| Investor Relations |
|---|
| Contact:<br> Arthur Rome |
| Phone<br> Number: 732.889.4308 |
| Email:<br> pr@investview.com |