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Now I want to inform you about my thoughts and reasons why I am invested in this stock:
I am speculating on revenues from Lockwood Technology. In my eyes Lockwood has better chances to get big contracts in the near future (till end of june).
I do not expect contracts from Infrax Systems. They are still on a decent devepolment stage, but the flagship is not finished (it is not currently installed in itron meters).
I will wait till end of june and then decide what to do...
Okay, what is in the current pipeline from Lockwood Technology?
I remember 10 million.
For me this is clear (10-times revenue multiplier) makes....enough!
Cisco is not an easy partner
http://gigaom.com/2013/03/13/cisco-accused-of-stealing-data-from-swiss-services-firm-multiven/
Any news from Lockwood Technology for selling?:
We also have a significant sales pipeline of proposals that include not only software sales, but also complete solutions that incorporate hardware, software and professional services as well. This pipeline is made up of deals with our existing channel partners such as Lockheed Martin’s IS&GS Group, the US Army, and numerous other municipal, state, and federal government projects and RFP’s.
From last Q.
Anyone saw any marketing activity for Infrax SPIDer? Newspaper, Video, exhibition?
Information was in last Q.
GM. What a candle yesterday! Today we will see which direction the stock prefers.
Let us breakout through the high of yesterday!!!
GO IFXY!!!
I like the volatility and the volume today. Hope to see a bit more action in power hour.
GO IFXY!!!
Thanks for the bid support whoever it was.
I do not understand why someone sold 57k at 0.0103?
Perhaps the seller has more shares and want out. As long as we see selling the pps will not rise.
Update on hp: http://infraxinc.com/
Hey magicmk, at the moment there is nothing to talk about.
Lawsuit is clear, if you are not invested you can speculate on payment after decision from court. So you can double your money.
Now the company know better than before that they can get orders or one order and break-even for the first time easily.
There are still no big contracts, but if you bet on the SNIC and Itron will send out a pr that they can secure any meter (perhaps in winter) then you can earn a few bucks.
You better do not try to persuade a friend to invest. Anyway it will be bloody in the end...
My few cents.
Thanks for posting.
Best of luck to Sam and the company. I hope they will get a decision from court in the next six months.
I have no words for this letter.
WowWow, we have volume before Divi date. No bid, but ask hits.
Perhaps we hit 5 cents till 18th march...
Who is TALORI INDUSTRIES? An Insider, I know! Someone knows more?
http://www.investorpoint.com/stock/IFXY-Infrax+Systems+Inc./insider/TALORI%20INDUSTRIES/All+Types/
The complete sector has problems. Look at the loss of Ambient Corp. (AMBT), Echelon Corporation (NASDAQ: ELON), check the yearly loss of Silver Spring!!!
This is a huge challenge for Sam and for Infrax Systems to break even.
I think there's something cooking.
Company is giving answers only if the question is straight to the point and from people they know from emails years ago.
There is no more comment or any information from the company on the facebook page (If you think about the fact that the company created this Silly? (or other name I do not know anymore) answering on the facebook page questions from interested people).
They have no revenues but they have big partnerships, especially Lockwood Technology. I think Infrax and Lockwood are both in big launchings of products.
The Divi question is like the IPO of Silver Spring (a long road).
A few days and it is march. And still no volume. zzzzz.
This is not clear, I was not at Itron Utility Week and there was nothing official posted to this topic.
In this timeframe of this event there was only Infrax Systems listed as partner for Centron 2 Meter.
This was just speculation.
We have to wait to find out...
The question is: What they represented at Itron Utility Week?
Itron called it: The revolution of Centron 2 Meter.
If this product is not ready to sell right now, then what they try to sell at the moment????
SNIC is their flagship for 3 years without revenues??
INFRAX SYSTEMS, INC. - 10-Q - Management's Discussion and Analysis or Plan of Operation
[...]
Our Product Portfolio (a) SNIC Over the last several quarters, Infrax has been developing the company's flagship product - Secure Network Interface Card (SNIC) for electric meters.
While the initial focus will be to develop the card for one of the largest meter manufactures in the world, the final objective is to have a universal card that can be used in any meter in the world. The wireless part of the first prototype has been completed and successfully tested. With the development and improvements continuing, we will have a complete working prototype by the end of this summer.[color=red][/color]
[...]
From: http://www.tmcnet.com/usubmit/2013/02/19/6933603.htm
DILUTION????
ASK down in market!!! 0.011 to 0.0113
Today we will see some action! Seems like the financials will be....
Someone expect revs from Centron 2 Meter for end of last year?
Saw it right now: Itron changed their homepage. Now you can see directly all partners:
https://itron.com/partners/Pages/All-Current-Partners-%28A-Z%29.aspx
I do not know why we have no publicity. Okay now weekend!!!
Anyone an idea what ...
Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
or
Certified Annual Shareholder Report for Management Investment Companies (n-csr)
could mean for the company???
Investing or financing?
Thank you. Straight to the point.
The idea with the spin off was a good one...
Does Infrax had more than one contract in the past three years?
What a spread! I hope we open stronger than 0.004 / 0.0184
Give us some GOOD NEWS IFXY!!!
Acc. to ARIASPEST in this week should be trial for Lockwood Technology.
But the volume is really low. If I would know something "good" I would order a million shares with small orders and not 40k, but we will see...
Nothing new but exactly mentioned:
Clare Controls making home automation more accessible
[...]
Other firms are eyeing opportunities in home automation. Infrax Systems Inc. (OTCBB: IFXY), in a joint venture with PowerCon Energy Systems, will be designing and development a home automation network, the St. Petersburg company said in a Jan. 7 filing with the U.S. Securities and Exchange Commission.
[...]
From:
http://www.bizjournals.com/tampabay/print-edition/2013/01/18/clare-controls-making-home-automation.html?page=2
Trial starting this week? Do you know anything more up to now?
Perhaps it was a bottom test, first short then covered to test if ask will go down.
At the moment I do not know why the ask is so high.
No shares available? We will find out...
Still quiet. Ask is down to .015 and no interest in this stock.
Itron is sending out PRs about all the partnerships and products and we do not get one PR after 2 years working on that Centron 2 Meter!
I still cannot believe that this product is a basic one, Standard Residential Meter.
Nice to see some volume here. Hope it will go on like this. This stock is still so illiquid!!
If there will be 33mio shares outstanding and the company was acquired for less than 2mio.$ I would say 0,05 - 0,07 cents.
8K out!
Item 8.01. Other Events
Infrax Systems, Inc., a global provider of unified Smart Grid-related products and services for the Energy and Utility industries, announced today that its Board of Directors has approved the final "record date" and "dividend rate" of the stock of Lockwood Technology Corporation to its shareholders. The record date for determining the holders of Infrax's common stock who will receive the dividend will be changed to March 19th, 2013. The dividend rate will be 1 (one) share of Lockwood for every 3 (three) shares of Infrax Systems. The dividend rate was reverted back from 1 for 10 to its original format of 1 for 3. The decision to revert back to the original dividend rate was made by the acting CEO, Mr. Talari. The actual "distribution date" of the dividend will be announced when Lockwood Technology gets clearance from SEC and FINRA. Company is in the final stages of the preparation of the S1 to be filed with SEC.
Although we use the "record date" to determine the shareholder's rights for dividend, if shareholders sell their shares prior to the actual "distribution date", they will not be eligible for the dividend. Shareholders must hold their Infrax shares till the "distribution date" to qualify for the dividend of Lockwood Technology.
Please find below the associated terms in relations to the Spin-Off;
? Record Date - The date established by an issuer of a security for the purpose of determining the holders who are entitled to receive a dividend or distribution (if you sell your shares after the Record Date and before the distribution Date, you will lose your eligibility to receive your dividend)
? Dividend Rate - The total expected dividend payments from an investment
(Spin-Off)
? Distribution Date - The date the dividend is paid out (after the completion of the Spin-off)
http://biz.yahoo.com/e/130123/ifxy8-k.html
Okay, all my information is based on LinkedIn.
I do not know who is also on board or if all is correct.
No company name there.
http://www.linkedin.com/pub/kevin-paulk/10/a65/688?trk=pub-pbmap
John Verghese Still on board!
Terry N. Gardner Still on board!
Laurie Puckett Still on board!
Yes, I do not know if this is good:
Kevin Paulk IT Specialist
http://www.linkedin.com/pub/kevin-paulk/10/a65/688?trk=pub-pbmap
Now I have a bad feeling...
That`s good! What he sold in the last years? More or less nothing!
New Sales Director? Or still searching for one??? Who knows.
Glen Wood is no longer Sales Director
http://www.linkedin.com/pub/glen-wood/3/747/119?trk=pub-pbmap
I checked also the plan and there is no Infrax Systems. Perhaps this is the better way.
I think it is difficult to sell the brand Infrax Systems with this market capitalization (I mean it is less 10mio.). As an utility company I would have doubt what would happen if I had a complaint.
Itron has a better relationship and enough capital and trustful warranties.
I think after the first big orders we could see the ball rolling and interest increasing.
My 2Cents.