Monday, March 02, 2015 7:31:47 PM
u have to expect that 80%, plus or minus, of all otc penny stock prs/deals announced never come to fruition.
it's amazing to me that everyone on both boards just assume everything that is being said will happen....
10 million cash for fwdg, great, this is awesome
100 million in revenue in 2019, great, awesome....
please, c'mon... realistically there is still such a tremendous uphill battle to develop h'tech.
so much money is needed for ifxy to sustain h'tech... there is no revenues coming in to h'tech... yes, thats right, right now, zero revenues are coming in, all deals announced are based on future revenue based on bldgs being built, permits filed, etc, etc, etc.... so much still needs to be done...
so, what does that mean.... DILUTION... ifxy will be paying for all this using cash thru debt notes
plus all the shares going to fwdg for this deal....
infrax, the company... has long term possible potential in the weed world....
infrax, the stock... WILL GET CRUSHED... there is NO DOUBT
this is what happens with penny stocks...
by end of 2015, ifxy will get to below 1/2 penny, no doubt or lower
unless, by some miracle, itron has some say in all this.
that is the only card that ifrax has
they likely have to use it soon to try and sustain stock price
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