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): April 12, 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<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 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 April 12, 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 April 12, 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> April 12, 2021 | By: | /s/ Annette Raynor |
| Annette<br> Raynor | ||
| Chief<br> Operations Officer |
| 3 |
| --- |
Exhibit99.1
Investview(“INVU”) Reports Highest Monthly Gross Revenue in Company’s History for March 31, 2021
| ● | An<br> estimated $7.8 million gross Revenue for March 2021, the highest in the history of the company |
|---|---|
| ● | This<br> represents an estimated 41.8% increase over February gross Revenue of $5.5 million |
| ● | More<br> than $6.2 million in Bitcoin and NDAU digital currency holdings recorded on the Balance Sheet as of March 31^st^, 2021 versus<br> just over $1M in digital currency holdings as of February 28^th,^2021 |
Eatontown, NJ, April 12, 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, is pleased to announce a new record high combined revenue for the month of March from its Bitcoin Mining and Product Sales Revenue.
Joe Cammarata, Investview CEO stated, “I’m proud of our entire Investview team. Our team is meeting our global business challenges and executing on our commitment to growth as we deliver record results to our shareholders. It was another historical month for gross revenue demonstrating continued strength from our multiple subsidiaries. We remain committed to the company’s fintech objectives of Bitcoin mining, education, financial trading tools and our newly announced NDAU digital currency product packages. Financial education remains a driving force with individual demand growing rapidly especially with greater participation from Gen X and Y. The Company will continue to enhance our mining operations, extend the reach of our product offerings, and expand our educational tools, month over month to exceed our business objectives.”
Mario Romano, Director of Finance stated, ‘‘The expected combined gross revenue of $7.8 million represents the highest grossing month in the Company’s history. Rounding out the financial historical milestones is the addition of over $6.2 million in Bitcoin and NDAU digital currencies holdings recorded on the balance sheet as of March 31, 2021.”
“Our March results continue to demonstrate the impact of the positive changes we are making across all facets of our business. We have seeded our subsidiaries to accelerate our organic growth expanding our sales and marketing and preparing our fintech business for greater monetization. We seek to continue to drive organic revenue growth through stepped-up investments in infrastructure including sales, marketing, finance, operations, and technology,” added Mario Romano, Director of Finance.
March2021 Financial Highlights
| ● | Consolidated<br> gross revenue was $7.8 million in March 2021, the highest monthly revenue in the Company’s history. |
|---|---|
| ● | Consolidated<br> gross revenue increased an estimated 41.8% over February consolidated gross revenue of $5.5 million |
| ● | Our<br> digital currency holdings of BTC and NDAU reached over $6.2 million as of March 31^st^, 2021 versus just over $1 million<br> on February 28^th^, 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 generation of digital assets. 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: Mario Romano
Phone Number: 732.889.4308
Email: pr@investview.com