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): July 6, 2021
INVESTVIEW,INC.
(Exact name of registrant as specified in its charter)
| Nevada | 000-27019 | 87-0369205 |
|---|---|---|
| (State<br> or other jurisdiction | (Commission | (IRS<br> Employer |
| of<br> incorporation or organization) | File<br> Number) | Identification<br> No.) |
| 234 Industrial Way West, Suite A202 | ||
| --- | --- | |
| Eatontown, New Jersey | 07724 | |
| (Address<br> of principal executive offices) | (Zip<br> code) | |
| Registrant’s<br> telephone number, including area code: | 732-889-4300 | |
| --- | --- | |
| n/a | ||
| --- | ||
| (Former<br> 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 July 6, 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* | Title of Document | Location |
|---|---|---|
| Item 99 | Miscellaneous | |
| 99.01 | Press Release dated July 6, 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 |
| --- |
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> July 6, 2021 | By: | /s/ Annette Raynor |
| Annette<br> Raynor | ||
| Chief<br> Operations Officer |
| 3 |
| --- |
Exhibit99.01

Investview(“INVU”) Reports $2.2 Million Month in Bitcoin Mining Gross Revenue & Announces Operations Updates for June 2021
Eatontown, NJ, July 6th, 2021 (GLOBE NEWSWIRE) — 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, announces its production and operational updates, including its unaudited Bitcoin (“BTC”) production for June 2021.
June 2021 Production and Operations Updates
| ● | Gross<br> Revenue of $2.2 million, up 263% Year-Over-Year June |
|---|---|
| ● | Gross<br> Profit of $1.5 million, up 389% Year-Over-Year June |
| ● | Gross<br> Profit Margin of 68.2% |
| ● | Bitcoin<br> Mined over 14 months period ending June 2021, 922.47 Bitcoin |
| ● | As<br> of June 30, 2021, Investview holds over 115.06 BTC |
| ● | As<br> of June 30, 2021, Investview holds over 153,197 NDAU |
Note:The numbers included in this release are initial estimated 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.
Operation:Hash Rate Growth Plan
In July 2021, SAFETek purchased and will ship over 1,200 Bitmain T17+ Antminers. Installation of these 1,200 Bitcoin miners is expected to be completed by mid-August 2021 (early fiscal Q2 2022). This will expand SAFETek’s existing fleet of Bitcoin miners to nearly 9,900 machines. As a result, SafeTek’s hashrate capacity is estimated to grow by 22% or 70 petahash per second (PH/s) to a total hashrate of nearly 400 PH/s.
By the end of this calendar year (fiscal Q3 2022), SAFETek anticipates reaching over 11,000 deployed Bitcoin miners and a total hashrate capacity of 500 PH/s through additional planned miner acquisitions, deployments, and optimizations. When fully deployed, the Company’s total fleet of Bitcoin miners is expected to consume approximately 22 MW’s of energy with nearly 80% of this powered by renewable energy sources with a goal to have 90% or higher of all miners running on renewable energy by the end of the fiscal year. This demonstrates Investview’s commitment to being a market leader in the industry while maintaining a highly efficient and environmentally responsible Bitcoin mining operation.
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 marries the latest innovations in technology to drive global FINTECH solutions.
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.
InvestorRelations
Contact: Arthur Rome
Phone Number: 732.889.4308
Email: pr@investview.com