Highest-materiality recent filing
UOKiK imposed administrative fine of PLN 14.7M (~$4M) and cease-and-desist order against iGenius unit for unfair commercial practices.
Investview commences litigation against TPP for failing to honor customer protection commitments
Filed suit in Delaware Chancery Court to compel TPP to fulfill $6M+ in premiums paid for customer protection program.
Investview authorizes $1M stock buyback through March 2026; CEO cites undervaluation
Board authorized repurchase of up to $1,000,000 of common stock through March 6, 2026.
Investview amends loan agreement with DBR Capital: extends deadlines, cuts interest rates
Amendment extends DBR Capital's funding commitment: min $2M by Aug 31, 2025; up to $5.7M more by Dec 31, 2026.
Investview settles SEC inquiry over unregistered Apex Program; pays $375K penalty
Agreed to pay $375K penalty and cease-and-desist for unregistered investment contracts (Apex Program, July 2019-June 2020).
Investview acquires Renu Labs and repurchases 121M shares (6.5% of outstanding)
Acquired Renu Laboratories, a manufacturer of proprietary health/beauty/wellness products; terms not disclosed.
Investview receives OTCQB delisting notice for bid price below $0.01 for 30 days
OTCQB notice: bid price below $0.01 for 30+ consecutive days; 90-day cure period ends Dec 22, 2024.
Investview repurchases 20.2% of shares from ex-founders for $3.57M at 57.6% discount
Repurchased 472,374,710 shares (20.24% of outstanding) from co-founders Smith & Miller for aggregate $3,571,146.
Investview buys back 11.49% of shares from founders for $2.9M; outstanding reduced to 2.33B
Purchased 302,919,223 shares (11.49% of outstanding) from founders Mario Romano and Annette Raynor for $2,922,380 ($0.00965/share).
Investview Q3 gross revenue down 36.9% to $16.1M; net income from ops positive $0.5M
Gross Revenue (Non-GAAP) $16.1M (-36.9% YoY); Net Revenue $15.0M (-35.8% YoY).
Surrender and cancellation of ~288M unvested restricted shares (11% of outstanding) effective June 24, 2022.
Investview terminates acquisition of LevelX Capital and LevelX Advisors after regulatory delays
Terminated Amended Stock Purchase Agreements dated Sep 3, 2021 to acquire LevelX Capital (FINRA BD) and LevelX Advisors (RIA).
Investview restates Q3 2021 financials; $52M charge turns $17M profit into $29M loss
Board concludes previously issued Q3 2021 financials should no longer be relied upon due to accounting error for MPower acquisition.
Investview completes management restructuring: Oviedo CEO, Bell President/COO, Gill Dir of Ops
Victor M. Oviedo appointed CEO and director effective Feb 22, 2022; annual salary $415,000 plus 60M restricted shares vesting over 5 years.
Founders Mario Romano and Annette Raynor resign as officers and directors effective Jan 6, 2022, transition to strategic advisors.
Investview reports Nov 2021 gross revenue $10.2M (+247% YoY), record iGenius subscriptions
Gross revenue $10.2M (+247% YoY), operating income $3.4M (+426% YoY), net income $3.6M (-4% YoY).
CEO Joseph Cammarata terminated for cause on Dec 7, 2021, following civil and criminal charges related to Alpha Plus Recovery, an unrelated entity.
November gross revenue $2.1M, gross profit $1.6M (76% margin); YoY revenue +46%, profit +90%.
Investview Q2 fiscal 2022 gross rev $25.6M (+216% YoY); net income $8.4M (+805%)
Gross revenue $25.6M, net revenue $23.4M (+201% YoY), net income $8.4M (+805% YoY).
Investview reports $2.5M Oct BTC mining gross revenue, up 186% YoY; plans to reach 400 petahash
Gross revenue $2.5M (+186% YoY); gross profit $1.9M (+381%); margin 77%.
Investview CEO placed on leave after civil/criminal charges; James Bell named acting CEO
CEO Joseph Cammarata placed on admin leave after civil and criminal charges related to Alpha Plus Recovery, an unrelated entity.
Investview reports September Bitcoin mining gross revenue of $2.4M, up 213% YoY
Gross revenue $2.4M (+213% YoY); gross profit $1.8M (+463% YoY); gross margin 74%.
Investview amends CEO promissory note: extends maturity to Sept 2022, cut conversion price to $0.008
Due date extended from March 30, 2022 to September 30, 2022.
Investview reports Aug 2021 gross revenue $9.8M (+223% YoY), net income $3.7M (+823% YoY)
Gross revenue of $9.8M for August 2021, up 223% YoY; income from operations $3.4M (up 1,213% YoY).
Investview completes acquisition of MPower Trading Systems assets for 565M redeemable shares
Acquired Prodigio trading platform software and IP from MPower for 565M non-voting membership interests redeemable for common shares on a 1:1 basis.
Investview reports $3.1M Bitcoin mining gross revenue in August, up 238% YoY
Gross revenue $3.1M (up 238% YoY); gross profit $2.5M (up 561% YoY); gross margin 80%.
Investview July 2021 gross revenue $7.6M (+166% YoY), net income $1.5M (+690% YoY)
Gross revenue $7.6M, up 166% YoY; net income $1.5M, up 690% YoY; income from operations $1.9M, up 499% YoY.
Gross revenue $2.8M and gross profit $2.2M (79% margin) for July 2021, up 250% and 633% YoY respectively.
Investview Q1 fiscal 2022: record gross revenue $35.8M (+506%), net income $8.8M
Gross revenue of $35.8M (+506% YoY); net revenue $25.6M (+358%); net income $8.8M (up from $4.9M loss).
Investview reports June 2021 gross revenue $12.9M, up 578% YoY; net income $3.0M, up 237% YoY
Gross revenue $12.9M in June 2021, up 578% YoY and 62% vs May 2021.
Investview opens ASIC miner repair center in Texas; targets 200+ miners/day capacity
New SAFETek facility in Conroe, TX operational May 14, 2021; can repair 200+ ASIC miners per day.
Investview iGenius reports June rev $5M (+185% from Jan); memberships up 64%
June gross revenue est. $5M vs $1.7M in Jan, 185% growth.
June 2021 gross revenue $2.2M, up 263% YoY; gross profit $1.5M, up 389% YoY; margin 68.2%.
Myles P. Gill notified Investview, Inc. (the “Company”) of his decision to resign from his role as Director of Operations of the Company, effective August 14, 2024.
On February 23, 2022, Investview, Inc. (the “Company”) announced the restructuring of its executive leadership with the appointment of Victor M. Oviedo as the Company’s new Chief Executive Officer and as a director, the transition of James R. Bell from acting Chief Executive Officer to President and Acting Chief Operating Officer, and the appointment of Myles Gill as the Company’s Director of Operations.
On February 23, 2022, Investview, Inc. (the “Company”) announced the restructuring of its executive leadership with the appointment of Victor M. Oviedo as the Company’s new Chief Executive Officer and as a director, the transition of James R. Bell from acting Chief Executive Officer to President and Acting Chief Operating Officer, and the appointment of Myles Gill as the Company’s Director of Operations.
On February 23, 2022, Investview, Inc. (the “Company”) announced the restructuring of its executive leadership with the appointment of Victor M. Oviedo as the Company’s new Chief Executive Officer and as a director, the transition of James R. Bell from acting Chief Executive Officer to President and Acting Chief Operating Officer, and the appointment of Myles Gill as the Company’s Director of Operations.
On February 23, 2022, Investview, Inc. (the “Company”) announced the restructuring of its executive leadership with the appointment of Victor M. Oviedo as the Company’s new Chief Executive Officer and as a director, the transition of James R. Bell from acting Chief Executive Officer to President and Acting Chief Operating Officer, and the appointment of Myles Gill as the Company’s Director of Operations.
Mr. Romano and Ms. Raynor agreed to resign their positions as officers and directors of the Company effective immediately as they each transition to the roles of strategic advisors to the Company.
Mr. Romano and Ms. Raynor agreed to resign their positions as officers and directors of the Company effective immediately as they each transition to the roles of strategic advisors to the Company.
the Company’s Board of Directors has appointed David B. Rothrock as Chairman of the Board.
On December 7, 2021, Investview, Inc. (the “Company”), terminated the employment of Joseph Cammarata, its former Chief Executive Officer, for cause.
In conjunction with his termination from office, on December 8, 2021, Mr. Cammarata tendered his resignation from the Company’s Board of Directors.
Max materiality 0.85 · Median 0.65 · Most common event other_material