Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Crunching the numbers with the information we have now, it appears that this will be a good deal for shareholders. I hope that the do everything in a way that looks after our interest as well as the company. If they do, this could turn into a larger return then anything we could have hoped for. Looking forward to hearing more details.
Mkt as you said earlier, this is not your typical pinkie/otc type merger. This would seem to be a merger to combine a couple of companies with a chance to make a dent in both the government and private sector with their business. Hoping the company gives us some more to chew on shortly.
Yea there is no interest now....going to have to have some press releases with information to get people interested
Just looking at Vijay Suri who is president of Irus Group and the man to take over as ceo of the newly merged company. I noticed that Irus had some dealings with Oracle and that Suri used to work for Oracle. The more I look the more I like....of course a lot depends on how things come down for us as shareholders but the company we are merging with seems to be a very credible company.
Also, it appears from the filing that at least 70% of their debt will be taken care of before the merger. It looks like after all is said and done, there will only be 5 or 6 million shares outstanding with very little debt and a company with income. Seems like this could turn out to be a very nice situation. I'm looking forward to hearing the companies spin on things. Hopefully we will hear something soon in the form of a press release very soon.
Yea got to hear the exact details of how this thing is going to work but at first look, seems to be a good fit
I would think that would happen very shortly
Here is a statement from the filing that sounds interesting as to some of the areas we are moving into.
Over the past several months, InferX and The Irus Group have established a business relationship together in a number of different areas such as health care, fraud detection, business intelligence solutions and performance management services through teaming agreements and a memorandum of understanding. Under these collaborative arrangements, such combined services have been expanded to government agencies and private commercial firms.
Yea from what I have read so far sounds like it could be a very good deal for shareholders....gonna look a little deeper and see what I can find
It was actually 2007 figures and here is the link
http://www.hoovers.com/irus-group/--ID__126213--/free-co-factsheet.xhtml
Company had 7.5 million in sales last year with 35 employees
From a first glance at Irus Group, the company itself looks like a company that fits very well with what we are doing and could add a lot...guess the bottom line is how the merger is laid out
Thanks mkt for checking those figures for us....I think the fact that the outstanding has stayed the same for the last year tells us the quality of the management....feel more and more confident about this one
Agree, IFRX is ready for a nice move up...any volume and it moves fast
Thanks
Anyone Help??? Was going through some old stocks I have followed in the past and found AOAG Did they change symbols???
Very nice to see it slowly moving higher with no news or rumors...should be fun once we get an update.
IFRX - Stock price has been basing higher for last few weeks. Closed today at .02 x .022 Ready to break .03 this time around
Agree....think we break .03 this time and pretty much blue skies form there.....the right news and this could be a very nice ride
Ask now .024
IFRX now .02 x .024
It looks like the .02 are about gone
IFRX looks like .02 about to fall
Agree racerdave....our time is near
Agree mkt...With any kind of update, it's going to be hard to get any shares below the .03 level....Low outstanding and a very nice chart, just waiting for an update
LOL I know that's right
Probably someone who got in hoping for a quick hit and when it did not run, sold to chase the hot pick of the day. Our day is coming.
Huge spread, MM's trying to discourage buying and hoping to shake a few nuts from the tree...Looks like the float is getting tighter and tighter as selling has just about completely dried up
I agree with you that there are not many shares between here and .03....just a matter of waiting on some volume to come in
Yea, I like seeing that accumulation, would love if we just keep inching up towards .03 and then get some news to make it easy to blow past .03....have a lot of confidence that will happen
IFRX ask is so thin, looking to break .03 this time
IFRX uptick...now .02 x .022
Seems that everyday, someone buys a few shares. All the sellers seem to be gone, nowhere to go but up with that scenario....loving this slow steady move up...look out .03, we are coming to test you again...lol
Agree, it appears as if someone has been accumulating the last few weeks...just a matter of time
Uptick on bid....would like to see even more support on the bid and tighten up bid/ask
IFRX bid climbing, now .016 x .02 accumulation the last few weeks, going to test .03 again very soon
Would have to agree with you. There cannot be many shares available down here....hopefully we will get an update from the company in the near future....any kind of positive news and we should take out .03
I'll take that, for now anyway,lol.. Holding my shares for a lot higher price.
That would be good too...I have no doubt that we are going to .03 and hopefully break it soon...I just love the way that we have been moving up slowly, makes the gains much easier to hold
SGLS looking ripe for a move
Would be nice if it would start building a base between ..015 and .018....would be a nice launching point for the next run...GLTA