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.
I don't!! But I suspect EVRM is closer to letting some vital news out!
fwiw
***IFXY Solutions__Remember the North East BLACKOUT??!
Grid Optimization and Security, all in an integrated state-of-the-art Smart Grid solution.
http://www.infraxinc.com/
http://en.wikipedia.org/wiki/Northeast_Blackout_of_2003
***IFXY__Former White House Director of Cyber-Security Policy Appointed to Infrax Systems (IFXY) Board of Advisors
http://ih.advfn.com/p.php?pid=nmona&article=44658179&symbol=IFXY
***IFXY___&_ Stuxnet Worm
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55090811
***IFXY*** __Chart!__67 mill float!! Not a Pink!! Good sector!! Do some DD!!
Float is updated on Company web page
http://www.infraxinc.com/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54660837
"Application Trial"__is almost like a Pharma company trial testing a new drug and awaiting FDA approval!!
IFXY is trial testing now and hopefully the results are going to be favorable, and that should take this to another level, imo! Just not sure on what the time line would be!! But I suspect that anticipation, like in the pharma groups, may drive the accumulation while the wait is on!!
No! Regulus60 did not call Sam today! But he is about to watch the Yankees game!!
Next week I'll mention it if I call anyone @ the Company, but I think just waiting for the next filing will do!
and the real Float approx is posted here, and is up to date,as far as I know
http://www.infraxinc.com/about-us/investor-relations/
Well @ least the probability of a green week next week is leaning in IFXY's favor!!
Nice close on the week!
I don't see "a lot of problems" and getting the float listed correctly is not affecting this Security in any big way, imo!!
It is more like, under the Radar !! and needing more Volume! as I see it, fwiw!!
There are a ton of POS's out there with huge floats way above this, with a much higher pps!!
All anyone has to do to prove that the Float is in the 67 mill range is try hitting the AsK for any large chunks, and see how fast they get walked Up!!
In large floats, you can buy the Ask all day and No impact, just spinning of wheels!!
Which is NOT the case here!!
Yes the Annual report needs to be amended! and the Company needs to know this ASAP!
Only other thought is that the share structure changes and Insider designations, my have taken place post 06/30/2010, then in that case, the correct float should show in the next Q!??
For the Fiscal Year Ended June 30, 2010
Trimax Wireless Systems (acquired intellectual property June 29, 2010) P.12
Trimax' solutions enable multiple applications to run concurrently over the same standards-based infrastructure, leveraging capital investment and operating costs. Trimax has a growing list of Solution Partners that provide best-of-breed complementary products to help customers implement whole product solutions.
http://www.sec.gov/Archives/edgar/data/1380277/000107997410000514/infrax10k63010_92710.htm
------------------
Complete and combined audited financials of both companies with relevant and applicable notes will be provided with Company's 10K for year end, June 30th, 2010, when filed with SEC.
"Form 8-K for INFRAX SYSTEMS, INC.
21-Sep-2010
Completion of Acquisition or Disposition of Assets"
http://biz.yahoo.com/e/100921/ifxy.ob8-k.html
---------------
Mentioned on p. 19 but not on p.60! for some reason
1)Mr. Talari, Mr. Aiello, and Mr. Verghese are thoroughly familiar with our proposed business in their respective positions as Director, Chief Executive Officer and Director of Product Development.
(2)Mr. Talari converted notes payable, in exchange for common stock. Mr. Talari is the majority holder and Director of the Company.
(3)Ulrich Altvater, Monika Altvater, Gloria Lynch, Michael Lynch converted preferred shares received, acquired in Trimax Wireless, Inc. acquisition.
http://www.sec.gov/Archives/edgar/data/1380277/000107997410000514/infrax10k63010_92710.htm
---------------------------------
I see the problem as P. 60 not being presented properly by the Company and needs to be revised/amended to Include the Trimax Team that are insiders as "Insiders"__ holding an aggregate of 750 Mill Restricted shares!!! That will bring the restricted to where it should be and then can be subtracted from the TSO!!
---------
I'll patch a call into the "Geek" and if anyone talks to Paul or Sam, please point this Out!!
Ulrich Altvater – Chief Technical Officer
Ulrich Altvater has over 25 years of engineering and
management experience in the telecommunications industry.
Through his German and American ventures, he has concentrated
on designing and developing Wireless Metropolitan Areas
Networks (MAN) solutions. He has been specialized in this
product line from its inception and his original WIMAN and
WIMAN II products are still operating worldwide.
http://www.infraxinc.com/about-us/management-team/
-------------
a.k.a. the "Geek"____ a true born German Scientist, a "Natural", building his first Ham Radio @ 8 years Old, developed a passion for electronics, holder of World Wide Patents, connected to and part of a great German team back in his home land, that continues with aspects of development! Good German Ingenuity behind IFXY!!
------
Be sure to read the Post this links back to__fwiw
One Major Factor that I think many here (and coming here ) do not realize is the Absolute Need for what IFXY is Undertaking!!
They have the knowledge base, the products, and the foresight to fill a gaping hole in the National Grid Functionality and Security, besides last mile Security for a number of other Utilities and Agency's!!
They are addressing Mandates set forth in the USA, to improve and secure the Grid, and also implementing Maleable Architecture that will carry forward into the future to compensate for Supply-Demand coordination!! Their Systems Integration I think of as a CNS ( central nervous system ) for the Grid and Last Mile connectivity!! Improving and maintaining both Functionality and Security!
When I asked who the Competition is @ this level, the answer was None!!
What IFXY is doing, and presenting and Beta testing, is going to sell itself, and from there will come the financing!!
Some might say likening them to the "Garage Boys" is a stretch, but in actuality, from what I've seen thus far, these guys have Brains ( Major Geeks, @ least the one I spoke with ), that is probably one of, if not the strongest asset of the Company!!
To all reading this post, I strongly recommend reading the Company pages ( http://www.infraxinc.com/ ) from the beginning to end!! I had shot through it, thought I understood it well, and some I did, but after getting some input from the "Geek", I came away with a Wow in my mind and spent last night re reading through the Home pages again to better my understanding!!
I strongly believe this is a ground floor Op here, and Strongly believe once they get further along, "Strutting their Stuff", the "Backer(s)" of the Company will plunk down the $$ for build out and further R&D!!
It is always Risk-Reward!! but these guys have something that is very much in Need, and they are on the cutting edge, and No competition known to date!!
I like it!!
fwiw
Don't hold your breath! And didn't you sell out already? for the second time in what? 10days!!
The Trimax factor valuation alone takes the present pps near 3x Up from where it stands now!!
One thing I can say I found out is the that 'dilution' is a dirty word there and toxic financing is out of the question!!
Spent over an Hr Today @ Trimax, will take Pm's Friday btwn 4 and 5 after hrs for any Q&A's!!
or Pm me an E-mail address, but PM ONLY, no addy on the open brd!
Have a much better understanding of what is going on now and of the Niche that this Company is seeking to fill, which happens to be Very much needed and is the Wave of the Future!
Great Company with HUGE potential here!! Impressed and Satisfied with Holding!!
fwiw
Insightful Link I came across, fwiw
http://www.dmtcalaska.org/course_dev/explogeo/class14/notes14.html
Richard Weitzel
President/Board Member
Mr. Weitzel received his Bachelors degree from the University of Texas, Austin and his MBA from the University of Southern California.
He is a retired U.S. Air Force Lieutenant Colonel and the CEO of System Technology Solutions, Inc.
He has over 30 years of experience in defense contracting and has managed contracts with numerous U.S. military agencies, Fortune 500 defense contractors and several Department of Defense entities.
Mr. Weitzel possesses a Top Secret Clearance.
Np, and I'm close to 5 mill now !!
fwiw
I communicate my concerns to the Company, and I have found out why some details are not out yet, and even communicated some of Mr FUD's concerns!!
Even have a handle on the on going's
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55603485
I go to the target instead of crying into cyberspace and trying to inflict harm on others, as can not be said of a few others here!!
fwiw
No , it is a Link to help you with your concerns! Try talking to the target!!
Nobullhere or nobalzhere!??
500k chunk Not Big and only a Jerk bid whacks into low vol!!
fwiw
It all depends IF WOLV has the goods or Not!! Yet to be known!! Surface leaching does not necessitate that there is anything below!!
***IFXY__Former White House Director of Cyber-Security Policy Appointed to Infrax Systems (IFXY) Board of Advisors
http://ih.advfn.com/p.php?pid=nmona&article=44658179&symbol=IFXY
***IFXY___&_ Stuxnet Worm
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55090811
COMPANIES ON THE MOVE __***Infrax Systems Inc. (IFXY)***
Infrax Systems Inc., a St. Petersburg, Fl. firm that provides operations support system
software for the energy and telecom sectors, expanded by acquiring Trimax Wireless
Inc., Naples, Fl., in a cash-and-stock deal valued at $10 million.
http://www.wallstreetbusinessjournals.com/Companies%20On%20the%20Move.pdf
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55597967
Nice Find! Ty
Acquisition and/or R&D! Certain %, 51% stays retained to remain Service-Disabled Veteran-Owned Small Business (SDVOSB) compliant!
imo
OK, I'll return to lurking, post less, as it seems I'm getting myself in trouble!!
I don't care who buys or why or who sells or why, this is just a mssg brd
Anyway, my last allotted post of the Day!!
Have a good evening!!
I'm very sorry about that mx10001, did not intend for the link to look that way! And did not readily see where you were coming from!!
The main body of the post was directed to those not following through, and I added that link quick to really show source info! But that link I sent you was just for DD!! That was a whole different discussion, and my recent post containing that link was not intended to point a finger in your direction referring to you in any way!!
You have my sincere Apology if I mistakenly made it look otherwise and will try to be more careful in the Future!
The answer is in there btw
Again, Sorry about that!!
I don't know why you even associated yourself with that post, fwiw
Was just making a generic statement!
I'm always in learning mode btw!!
and I suggest you re read those pages, bc the answer is in there!!
All depends on who is catching you with your pants down!!
The lack of knowledge, good DD, and understanding of what is going on, indicates some should not be here!!
Imo, Everything is Fine, I know where the Company is at, their goals, what they are trying to achieve, and the share structure!
Company just needs time, like anything else known in the Universe, to Grow and Proceed!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55507297
On August 26, 2010, Mr. Cris Perez resigned as the Company’s Secretary and member of the Board of Directors. Resignation was accepted on September 6, 2010. The resignation was not a result of any disagreement with the Company on any matter relating to its operation, policies or practices.
http://ih.advfn.com/p.php?pid=nmona&article=44362546&symbol=IFXY
Date Insider Shares Transaction Value
9/23/10 PEREZ, CRISTINO L.,
Chief Financial Officer 830,942 Proposed Sale (Form 144) N/A
http://www.investorpoint.com/stock/IFXY-Infrax+Systems+Inc./insider/PEREZ,%20CRISTINO%20L./All+Types/
http://www.investorpoint.com/stock/IFXY-Infrax%20Systems%20Inc./insider/All%20Insiders/All%20Types/
I believe that to be the Case and why the Float projection was raised from 37.3 mill up to the Approx of 67 to 68 Mill*
imo, fwiw
So "Built In"!!
Only from a few here !! AGAIN, 1000 plus shareholder base!!
Who should I listen to??__ You??!!__Over what the Company has to say?!!
I think Not!!
The mechanics of the Company are what they are, people need to live with that fact, and if they are coming into a realization that they did not want to wait that long, then they sell, and mb for a loss, or hold and wait! Simple as that!!
Anyone screaming into Cyberspace, continuing to rant will just take out the mssg brd weaklings! I say, let it happen!! Yes, the low volume weak hands dropping out on the bid will drag All down as they drag down the pps!! And the detractors of the Company may hope that the selling cascades over to a broader shareholder base. but I think the bulk of that shareholder base knows what they are in for on a time line and I think if they call into IR, they will be informed that a small group on a mssg brd is doing their "Darndest" to drive the pps and Company down, and then I believe, the true believers will take the opportunity to come in and scoop the shares!!
PPS and Company dynamics do not always have to match Up!!
I can take the pps down to 0.001 in a 1/2hr if I wanted to bail!! and there are some here that probably could do it faster!!
But falling prey to mssg brd banter is a fools way to going broke!!
And they do have Numbers, but there is a reason they are Not being let out yet! And these "numbers" are what is leading to valuation projection!!
If the there is No Fiducia, move on, imo
JmO
As said, over 1000 holders!! No one on this brd is going to scare the major shareholder base!! This room is Not a factor, though some keep trying, to hurt the company and the investor!
Why is it thought, when nobody here, in this room, will take the Company @ its word on proper valuation, that a SAB/NDA persons Opinion instead would hold greater power to convince, not only the small I-hub crowd, but every one else??
If anyone really needs to know, sign a NDA and then they'll be able to know more!!
There are just so many out of the 1000 plus base that will be forced out on frustration and fear selling by a mssg brd!! I say let the blood bath begin and be done with the weak!! Could be the only route to a more stable pps!! The low volume days here could be trading @ 0.03 area, just as easy as they are trading @ present levels, once the weak hands are gone!!
jmHo