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Infrax Systems Inc.
@Infraxinc·
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It was a very tough announcement to make on Monday. Over time, it will show itself as something that I did to actually protect the future of $IFXY and its shareholders . A reminder no RS will happen, and filings are on the way.
It was a very tough announcement to make on Monday. Over time, it will show itself as something that I did to actually protect the future of $IFXY and its shareholders . A reminder no RS will happen, and filings are on the way.
— Infrax Systems Inc. (@Infraxinc) November 16, 2022
It is frustrating. Here is another related blast from the past.
https://www.globenewswire.com/en/news-release/2018/07/30/1543978/0/en/Infrax-IFXY-Announces-Shareholder-Update-Company-Cancels-Reverse-Split-Name-Change-Block-Capital-Corp-Now-Subsidiary-of-IFXY.html
I still chuckle to this day when I read the following;
After weeks of correspondence with FINRA, it was decided that the Company will no longer pursue the name change and reverse split at this point. Henceforth the Company cancels the corporate action until further notice.
They had no choice in the matter. The previous BOD pushed it too far for the regulators not to act.
The regulators denied their request for a third R/S after shareholder concerns were shared to them.
Look to the past to see the future.
There are diamonds in the rough out there and that’s why we remain and play.
GL
Wanting to believe and looking for something positive amongst all the in your face realities are a chapter in the CEO Pinkyland playbook.
It’s under Human frailties and how to exploit them.
They are very adept at doing so.
With proper timing Pinkyland can reward but don’t believe the long “carrot on a stick” fluff to be led around.
You’ve been a fact sharer as well.
GL
Very frustrating. Looks like whales feeding on 0.0009s with big bid/volume.
Agreed. You were always asking the right questions. But, even you were mildly hopeful when this went Pink Current....then we saw the dumping last week on huge volume....
Cooley done done it again. This PINEDA guy is really the Banana Chip Man.
I've thrown some play money at the .0007s and will try to play a dead cat bounce. It's a risk but I'm gambling with cash I can risk.
You’re welcome. What you posted is frustratingly true for all traders that have been misled.
Sadly it’s the way of the world.
Money can and has been made in Pinkyland but the losers far outnumber the winners.
Just like the casinos.
Even casinos are much more regulated though.
Hopefully Cooley will step up and show some respect for his damaged shareholders and address the recent events.
Just be sure to take all said with great doubt as drinking the Cooley aid has poisoned many here and elsewhere already.
Thank you for your response. If the SEC decides to do nothing, then these types of situations will continue and the SEC is not backing its mission statement. This is the second merger that I have this year that has failed in the OTC. I have one on Nasdaq that failed. They need to clean this up and clean up illegal naked shorting. Not much confidence in the SEC to do their job.
Good morning. I’ve (with the help/complaints of many others) had two Pinkyland CEO’s sanctioned and fined in the past.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143757512
It’s not an easy or quick effort. They are not required filers and are safe harbour protected. Most likely the regulators will do absolutely nothing and go after bigger fish. Pinkyland CEO’s know that fact well and scam accordingly.
What happened here is quite egregious and may trigger a look if enough investors clearly report their views and related damage. The wheels of justice move slowly but they can move with the right information.
Some reading for those interested;
https://www.sec.gov/reportspubs/investor-publications/investorpubsmicrocapstockhtm.html#Which
https://www.sec.gov/tcr
https://www.finra.org/investors/insights/investment-fraud-awareness
I hope that the links help.
Most investors don’t follow up though. I was successful in part because I had saved all personal correspondence I had with the CEO’s and a couple of board members. Their own words and volume of similar input eventually got them sanctioned.
In actuality the fines are meaningless to them as the rewards of the scamming is much greater. It’s just an expense to them but it does raise investor awareness if one looks deep enough and decides from there.
GL
Since you have been right on this trade, what will the SEC, FINRA, or the OTC Markets do if a pattern of bad behavior is so obvious. What about the attorney letter that supported the merger.? The mission of the SEC is to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation.
$IFXY Waited a day. Was great to get my avg down to .0015 so not down a bunch, Hopefully others did. My biggest grief is the leaked insider info that was given the week prior. I reported it to SEC for sure. Not all the blame is Carey Cooley's. I blame Jose Pineda he lead us on and caused the shit show. Carey Cooley can make it up with a fantastic new merger. But i am cautions. Everyone should report the leaked info. My wonder is that Mr. Pineda paid Krisa $120,000 and will there be a lawsuit for not meeting deadlines. But i have shares and will wait till i can get out with some of my investment. Diogenes of Sinope is smart and warned us but oh no he couldn't be right. But he was right. .Thanks for all the warnings tho.
Father Time certified facts;
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164967836
The skill set/timing to trade/flip this scam at the appropriate time is rarely found by rookies.
The Pinkyland scammers know this well as do their supportive, reality denying social media minions.
Remember their names and trade accordingly.
GLTA
The only truly surprising thing here is that anyone is truly surprised.
I’ve been raising legitimate investor concerns since day one and was attacked for it.
I wish more had listened.
GLTA
It’s a proven scam. Nothing here now or ever that will bring legitimate value
They do have billions of shares to sell and they are well aware of how to do so. .
GL!
I've been in SNRY for almost 2 years now, predating Cooley and Krisa. Yep, I should've bailed after FBCD. Cooley is worthless.
Fins delayed, 5 day stretch.
Pathetic.
yes got my shares at 0008 dead cat bounce coming!!!!!
means nothing without a catalyst and buy volume...
These attorney letters that stated $IFXY is no longer a shell company. What did they get a chance to see that we didn't? Revenue producing company in house via Mi Pulpe, then deal rescinded hours later? The rug burn here is unreal.
Management here has to elaborate on the material financial issues here which we voluntarily dodged via rescinded deal.
$IFXY is Cooley's baby. ATM machine for management or umbrella set to take in multiple acquisitions and enrich long shareholders?
SPEAK UP, $IFXY MANAGEMENT
$IFXY Notification of Late Filing - Quarterly Report 09/30/2022
https://www.otcmarkets.com/otcapi/company/financial-report/351353/content
Another Cooley SCAM bites the dust LOLOLOLOL
Told y'all this banana chip vendor was just another a coupon code 'CHINGA TU MADRE" scam like a year ago!
AAPT, IFAN, FBCD, now IFXY.
MDCE and SNRY are next Cooley SCAMS to bite the dust.
Buy you all knew this after FBCD and IFAN. A leopard doesn’t change its spots…. Dude is clear garbage with ZERO connections!!! Stay away from his plays. Flip them but don’t hold them IMO!!
Sorry for IFXY shareholders. We're about the same over at SNRY. Cooley is inept trash.
Lots of selling, but a hell of a lot of buying today too.
Yes you did. Seems like that's all you do on ihub based on your posting history. Why don't you tell peeps here where they can find a wining ticker to help get some of their money back.
Now that would be of some value on the iHub boards. Don't you agree?
Agree 100% and yes, Very sad...
Well this is definitely, 1,000% the last merger play I even think about. It’s a known risk but damn this sucks.
I’m down so much that I’m stuck with this “clean shell” waiting for another company to promise me the world and a Turkey sandwich. Luckily I had a small position but I feel for the people who had bigger positions
Sad but so true.
It’s much more comfortable/easier to deflect reality than accept it.
Pinkyland CEOs and their minions know that fact well and bank upon it via hopium and safe harbour protected, share selling bullshit.
Personally speaking, I had thought a few times that there may be long term value here. It’s human nature to look for the good.
Then I slapped myself as suggested earlier and returned to reality.
It now appears that pineda is just like most all other Pinkyland BOD’s.
And the beat goes on.
GL!
LOL Indeed! But, they won't, they'll keep buying... Thinking to themselves...
Oh but it's a clean shell
No dilution
They said no R/S
They have multiple acquisitions worth millions in coming
We've hit bottom, only up from here
And on and on and on and...
Oh and I forgot, Some of the others will try and convince people to keep buying so they can get out at a little higher price.
That was crippling only up from here I hope for you all, but geez if you in .0020 or higher might take a minute to get back right
Anyone that still believes anything that pineda or cooley says now or in the future should “bitch slap” themselves to return to reality.
Infrax Systems Inc.
@Infraxinc
Great news! We've regained current status. Shareholder update will be prepped over weekend and released at some point next week. A reminder, our Q1 2023 report due 11/14 will be first time Mi Pulpe results are included under $IFXY.
The insiders knew what was going on and that’s why over a quarter billion shares were dumped last week.
They pushed the bad news realities and release as far as they could to facilitate share dumping.
It wasn’t any shorters
It wasn’t any “truth tellers”
IT WAS THE COMPANY ITSELF!
Disturbing as those facts may be—
Read their thread
Paperwork is just about wrapped up for $IFXY , we look forward to the journey ahead. Be on the lookout for changes to OTCM and the start of official updates via new wires. We appreciate your patience , and look forward to building huge value for shareholders. #NoRS #NODilution
— Infrax Systems Inc. (@Infraxinc) April 21, 2022
It’s on Twitter. Deal fell through today which is why it’s down
So this volume today, you think are investors fleeing? Also do you have a link or something saying no dilution or rs or is this just you speaking?
Added .0007s. Still a clean shell, no rs or dili
These scammers never stop scamming.
There will undoubtedly be a sugar coated Tweet or PR at some point in time.
At this moment IFXY is just another “shell risk” designated Pinkyland play.
There is over 5 BILLION shares available to dump at will.
They have no income, they have no products.
The only thing they have is 5 BILLION shares to sell on hopium filled PRs.
Doesn’t mean it can’t move on any BS laden update though.
Timing is always paramount!
Know the field you’re playing on and trade accordingly.
I believe they will try to resurrect a previous share selling connection.
Never forget that both cooley and pineda knew what was taking place while promising pixie dust and goodness as all were bent over and believing.
Pinkyland CEO’s love that retail vulnerable position and take advantage of it as able.
GLTA
Lol its that bad If he was doing all that buying he was bragging about
Off the top of anyone here head isnt this Mi Pulpe first ever experience with OTC? I am seeing a pattern here with these brand new CEO's coming to OTC......I dont believe he ever had a ticker before ...am I correct? Thanks....anyone can answer...
Basically, IFXY will stand as it has stood before Mi Pulpe....looking for a merger candidate. The share structure is still the same with Cooley owning nearly half thr outstanding.....
How can you complete an acquisition and then 3 months later walk away from it?
$IFXY sharehoders, I wanted to tell you myself. We have completed the acquisition of Mi Pulpe. Official PR and OTCM change of control filing to come.
— Jose Pineda (@jpineda100) August 1, 2022
Yeah, a fricken great buy now if your buying trips, but not if your a fool and bought several 005's, 004's, 003's and 002's. I'll take the hit because what I was doing was extremely risky. The payout for me if they would have just executed would've been phenomenal for my account. I never expected this. This was detrimental. I have made plenty this way...it is just painful when it doesn't go your way. Again....a great buy right now if your new and grabbing trips. Later.
Yes. Clean shell. Very attractive. Was even more attractive with a revenue producing company coming in as acquisition #1. Disgraceful to cancel that only today. We now await further updates from tonedeaf management that clearly doesn't GAF
Can't think of management team that isn't toxic, I'm asking if company owes CDs or is this pos debt free? You seem to have a handle on the ins & outs
But from surface DD I don't see any CDs or debt owed is that correct, seems you've been here for a minute?
But, but.....Cooley is 'toxic'.
I agree with you, disappointing news, but I don't think it's over. Everyone does realize were in pinky land. You just never know what's going to happen, or what is in fact real. Don't invest what you can't afford to lose. And I've lost also, at least as of today.
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