Making $$ in the Market
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Relax Synerget on INXR
If you go back some three - six months the company has done an outstanding job of providing us with updates and goals for 2007.
If you go back two months ago our former moderator (TS) had the opportunity to visit with management in NYC and reported his findings.
The management team is first class in terms of experience at the wheel and having vested many years to get to this point I think they too would ask that you show more patience.
We are at a critical time whereby the management team will roll out the platform and let the investment community take a look at what we have...
For me it is accumulation time...an opportunity to grab some cheap shares before the big event...
These are no guarantee's here but given the management team, the business model and product I believe that the shareholders who are willing to wait it out will have that opportunity to experience a good run.
Previous Posters Suggested Checklist: Dated March 2007
CHECKLIST OF EVENTS IN COMING WEEKS AND MONTHS
Brokerage Houses sign on for iFinix platform
Blue chip IR firm comes on board which can mean
- Quality access for shareholders
- Magazine and Newspaper mentions for INXR
- Exposure to whole new groups of investors
Ad Campaign Grows - New Ad locations appearing
TV Ads hit - kaboom as the bomb drops on CNBC, Bloomberg channels, etc.
Product release announcements and free trial offers begin
Patents Filed
Partnerships announced
On average there could easily be one of these key elements falling into place each week for the next 1-2 months. I see INXR basing now into these developments. What more can we ask for?
From InvestSource Inc. INXR
Good Reading Material. Like their coverage on the company.
* Complete Coverage: iFinix platforms provide comprehensive coverage of U.S. and international markets, data, and news. The Company's products provide streaming data from nearly 50 exchanges worldwide, from AMEX to WSIBE, from Argentina to the United States. In the increasingly global economic climate, the capacity to integrate diverse streams of information from across the globe is an indispensable tool for investment-minded individuals. Completely integrated, iFinix research tools allow the user to view consolidated market data in real time from NASDAQ, NYSE, AMEX, as well as consolidated market data from all Electronic Component News providers in a format that can be customized to the specific needs of each user.
* Sophisticated Analytics: Each investor has his or her own philosophy and approach. The powerful tools of the iFinix system provide tools for any approach, whether quantitative, technical or fundamental. Best of all, these tools are flexible, allowing each user to combine them in ways that are specifically tailored to their unique needs and analytical approach.
* Market Execution: With the Phoenix Pro, all of the analytical and data consolidation tools of the Phoenix Analyst are combined with the power of direct executions on all avenues of execution through a single platform. This advanced trading platform provides comprehensive functionality for market information, executions, account management, charting and technical analysis, and also advanced functions for conditional orders, program trading, basket trading, portfolio management and statistical trade analysis.
* Performance Filters: The Phoenix Market Scanner allows the user to create unique data filtration displays in order to identify trading opportunities based on the user's criteria. This stock screener filters stocks using the Company's proprietary algorithms as well as user configurable real time stock filters. More than 130 parameters can be configured in any combination, covering both fundamental data about the sectors companies and products, as well as quantitative market data management.
* Complete Integration: The diverse, powerful and customizable tools of the Phoenix suite offer unrivalled flexibility and informational access. However, the most impressive and important aspect of the system is that it integrates all of the functions that are necessary for informed, accurate, and timely analysis as well as execution into a single desktop that brings everything together for the user. What in the past required multiple platforms and services can now be accomplished with one single and powerful product.
Good Reading Material: GLTA
Weekly Thoughts: Learn How to Play the Game: Invest Wisely and Trade Smartly
The savvy long-term investors never chase stocks up. For the most part that is
momentum players and daytraders where most of it or what follows is dumb
money. Instead the long-term investors use a couple of simple strategies in
order to position themselves. One is to find a stock no one immediately sees
has huge potential and accumulate. Long-term investors are not interested in
trading against the public mind or the dumb money. That's where the majority
of the money can be made but even more can be made if the base of a stock is
held extremely strong by investors. However the second is not to doubt the
research which is the underlying basis for going long and holding.
More and more investors are winning the game nowadays despite all bashers that
float through the Internet that has become part of the game. Floor traders of
market makers often watch CNBC, news wires and bulletin boards in order to
follow the market during trading session. OTC BB market makers (MMs) don't use
fundamental and technical analysis. However, what they do realize is a lot of
dumb money does use this newest nitch charting or TA (Technical Analysis) to
run a stock either up or down. To the MMs this is like taking candy from a
baby. Simply they will paint the tape and use whatever tactic to affect the
charting bands. Thus the public and dumb money they will have eating out of
their hands. Effectively the MMs can show a strong stock growing weak by
manipulating the close price in order to generate selling volume, delaying
trading time to manipulate trading activities, or even stalling the ask
without honoring orders to hold a stock price.
MMs follow a simple code of business when making a market in a stock
especially an OTC BB. That is the level that stocks will seek that yields the
most volume. Now this is very important because they make money on the volume
buying at the bid and selling at the ask. In other words, by making the market
they are buying low and selling high. Now smart money adheres to that rule, so
do all the market makers. They could careless whether the stock is at $83 or
at $0.23. All they care about is the action thus being able to sell stock at
the offer (The high) and buy stock at the bid (The low). To increase their
profitability, they make the spread as great as possible on as many shares as
they can especially if the volume falls off.
When they have mostly all "buy" orders, that's not the price that's going to
yield the most volume. They need both buy and sells to get the maximum action.
Remember, MMs play the volume. If the volume decreases and there are mostly
Buys that become a one way volume, Buy volume. So what they do is let the
stock run up to a price where it runs out of steam. They fill all the buy
orders there that they can and then comes the pullback one way or another
naturally or induced. During the pull back they can buy tons of shares and
flip them to those averaging down or trying to catch the bounce. At some
price, the stock will be relatively stable and yield the most volume. Now that
is the average price you will see
The average price is the point where a stock seeks a level where MMs can
profit on the most volume. So during the day that is the price that MMs and
momentum/day traders want to see the stock at. Why? Because they know the
public and dumb money was chasing the price thing up. Most of the time, the
MMs love a flurry of Market Orders which is a dead sign of an artificial run
or momentum. Merely it is money in the bank for them. Most get hung in a
momentum or day trade or by the tactics of Market makers, who are in the
business to screw the public every chance they get and the NASD is not going
to do anything about it. They are merely making the market liquid is there
reasoning.
The market makers have created an added complication to the OTCBB's chaos of
the already volatile intra-day price movements created by dumb money, momentum
and day-traders. MMs can not relate to long-term holders in the OTC BB. That
makes absolutely no sense what so ever. They feel a large percentage of trades
in the OTC BB market consist of short-term or day-trades, MMs merely view the
barrage of buy and sell orders as relatively neutral to the market. How they
figure it is when the average dumb money buys shares in a company, the MMs
feel or rather know with some certainty it is very likely that dumb money will
want to sell back those shares relatively quick on the slightest drop.
Now somewhat comfortable with this logic the MMs merely short sells into the
buying and attempts to take the stock down in an effort to "shake out" the
weak. Since it is tough to know for sure whether a move is the beginning of a
trend, or a routine shake out, this type of deception works quite well for the
MMs. What the long-termers do to a stock is surprise the MMs because instead
of falling the shorting has no effect and the price goes up. Now that puts the
MM at selling low through shorting and thus having to buy high in order to
cover.
Boy, when this happens, the MMs are not very happy campers. The investors and
traders are supposed to be doing that no them. Now it becomes time to pull out
every trick and tactic in the book in order to attempt to get a Bear Raid at
every dollar mark or percent from where the stock started. Could be a penny in
smaller priced securities? What MMs do is give you a chance to make a small
amount of money for your momentum and day trading style by shorting it at
these levels and trying to get a bear raid each time. Each failure is
compounding the MMs short position so they let it go to the next level. Now
come more deliberate tactics MMs use to coerce Bear Raid or panic selling.
Once the MM is caught short and the strength of the buy is overpowering the MM
will want to cover his short position. So the MMs call up one of his friendly
MMs and says some like "the weather is sure rough today." The MM along with
the other "friendly MM initiates a down tick about the same time. Now this can
also be done with a certain amount of shares such as an infamous 100 shares
flag. This down tick gives the illusion of weakness designed to hopefully
begin the bear raid of selling. The fickle, fearful, day trader, momentum and
short term begin to sell out allowing the MM to cover his short position at
lower prices. They will move it down quickly to get it to a price of least
financial damage. Problem they have is long-term investors in the OTC BB. They
start accumulating and buying comes flying in when they take it too far thus
the MMs took it to the point of volume again and not only investors the other
MMs step in the make money on the spread.
Alas the poor MM does not get to cover. Now comes various tactics like
stalling, boxing, or even locking the Bid and Ask for a while.
Of course, MMs aggressively deny any sort of collusion designed to fix quotes
or spreads, but a recent SEC investigation tells another story.
MMs have a vast resource of tactics and it would take probably more than my
lifetime to figure them all out.
So how do investors somehow manage to overcome the obvious deception in OTCBB
arena? One answer is indirection trading style by going long which the MMs do
not expect. In the war between investors and public companies on the OTC BB vs
the MMs, if the MMs have all the advantages due to position or other factors,
direct confrontation such as momentum or day trading hitting the stock is a
definite death sentence.
However, an indirect approach tends to weaken the path of least resistance
before slowly overcoming it. The most effective way is long-term investors
slowly accumulating and holding thus drawing the MMs out of its defenses
making them as naked as their short position. This is war so this slow
accumulation and holding for the long term easily achieves the desired effect
to force MMs to cover and knock off the tactics or bury themselves deeper.
The MMs when caught will especially use every trick and tactic in the book to
get a Bear Raid thus playing on the individual fear of most people. The MMs
feel they have information and position advantages over the investors as long
as the holding of the stock is in weak hands or short term holders. Since they
are OTC BB MMs who believe all OTCBB companies are not worth investing and
management is ineffective regardless what is happening within the company.
Furthermore, MMs know they are in the position to impose a great deal of
influence in OTC BB stocks trading when it suits their needs.
This inherent power of position enables the MMs to move the markets at any
time up or down. As a result, the only way to draw them out of their favorable
position is going long. Now this does not mean just any company but to
effectively nail the MMs, Longs must find the great company on the floor and
accumulate long before the MM tactics and games begin.
PANAMERSA Corporation Shows First Quarter 2007 Earnings Above 2006 Yearly Earnings
Site Is Being Remapped to Meet Growing Needs of Investors
PANAMERSA Corporation's (PINKSHEETS: PNMS) first quarter 2007 earnings are expected to exceed total earnings of $27.7 million for 2006, announced PANAMERSA Corporation CEO Mike Terrell. This announcement mirrors PANAMERSA Corporation's growing trend.
"Our growth pattern for 2007 is exceeding original estimates and we are positioned strong and prepared to make great strides for this year," added Terrell.
This announcement follows the posting of certification documents on PANAMERSA Corporation's official site (www.panamersa.com), which verifies balances as of Dec. 31, 2006 as true and correct. The PANAMERSA Corporation Web site is currently undergoing drastic changes over the next few months to provide investors with complete information regarding the company and financials. The site will be remapped and revamped to better suit the needs of those looking for information and performing research regarding PANAMERSA Corporation in general.
All questions sent to PANAMERSA Corporation via e-mail are being consolidated and answered, and are now being put into a Web friendly document. These items will be uploaded by the end of the month to inform our shareholders of all of the issues and happenings within PANAMERSA Corporation.
PANAMERSA Corporation (PINKSHEETS: PNMS) is a holding company for a group of business enterprises which promotes the commercial integration of Latin America into the economic development of the Western Hemisphere. PANAMERSA Corporation is engaged in global e-commerce and e-biz solutions offering interactive e-commerce and e-biz programs in addition to a range of goods and services online including: prepaid Debit cards; e-commerce merchant accounts; life insurance policies, gold transactions; telephony services, text messaging, VoIP, MicroForests properties, real estate investment participations, fixed and variable income real estate properties in Costa Rica and Panama, offshore financial services, asset management and protection; travel services, leisure, business, health, relocation services, and digital marketing services.
Forward-looking statements are not historical facts as "forward-looking statements" defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are the result of profound analysis on trends in our globalizing economies that we anticipate in our industry. It is our good faith vision and estimate of the effect on the globalization, integration and electronic business trends will have on our company. Our statements are also subject to risks and uncertainties beyond our reasonable control that could cause the results of operations to differ materially from those reflected in our forward-looking statements.
Contact:
Investor Relations
214-774-4870
Email Contact
Adding To Your Assessment: INXR Technology Platform
( former modertor info)
NOTES ON INXR TECHNOLOGY
I took these comments down in discussing with iFinix their platform and what I think they were trying to convey to me about what is their proprietary coding and intellectual property. They said it was OK to talk about and frankly I don't have the know how to be absolutely certain of everything I have written down, but here goes.
As we have seen recently the proprietary angle is important to the company and their vision of their future as recently shown by their intent to do patent protection of their data processes.
As a non-programmer I took these notes and they are not going to be particularly well ordered. Consider more of a bullet list of things that seemed to be of importance and the areas focused on by the company and its programmers in which they appear intent on making their make and differentiating their product.
I'm sure more savvy techies will immediately grasp some of what I'm saying is going to inherent in the design of any trading system thus rendering some of what I say as generic in nature. But then that is the way it should be as I don't care to know anything more than I already do and the company obviously intends to not divulge that which they intend to market, patent and protect anyway.
The following are my notes which I think more than anything gives us all some idea of the possible complexities of putting together a solid data delivery and trade execution system. These are some of the criteria that I captured in notes that must be addressed to do so.
- Fault Tolerance
- Intelligent Order Routing
- Data Formatting Processes which ensures both Data Integrity and Recognizes & Removes Stale Data immediately
- Memory Management
- Resource Management (both client and server side)
- Effective Redundant Backup of transmitted data
- Speed of Execution (clean coding = ability to shave off valuable milliseconds in electronic data and commands)
- Tracking Data Packets (important for maintaining data integrity)
- NASD OATS (Order Audit Trail System) integration. This is part of coding trading systems and it is required of MMs (and thus it can make the platform enabled for INXR expansion into the MMs, broker-dealer and professional trading organizations)
- Order Tracking. Time or entry, time stamping transmission, exchange execution times, rejections, cancellations (again, all formatted to OATS standards)
- Framework Build. Programmers will understand that terminology because I'm not sure what it means, except that when done properly and with advance planning for scalability and the addition of more features and functions, a properly established development framework leads to more rapid development of all of those future modules, features and functions to be added as time goes on.
- Server Code. Memory databasing to parse data using proprietary algorithms to store and process this data. Important is separate server-side requirements for different financial markets.
- Data Feed Handler. As I understand it, that is the fancy way of saying user interface, in other words the modules you'll be using (or the Front End). A streamer is the output of a data feed handler that takes all of the data flowing to the company from the various exchanges and their coding converts it into a unified language read by your interface.
- Coding Languages. Desktop = C++ for most stable and modern code base. Web Module is either Java or .Net but I'm not sure.
- Browsers. They are enabling both MS Explorer and FireFox. I know that I cannot run AlphaTrade in Firefox so that is good to know.
- OS environments. Plans to suppor Windows 2000, XP and Vista plus Apple OS. Not sure about open source environments like Linux.
- FIX = Standard Financial Institutional Exhange data protocols. If I got this right, every brokerage, every execution in the markets must be scripted to deal with FIX protocols. There are different FIX versions making it a very tricky thing to navigate for any systems integrator.
- FIX Engines. Furthermore, many brokerages will not code their own FIX solutions but will buy FIX engines to plug into their product environments. A good FIX engine solution can cost hundreds of thousands and many do not have their own proprietary FIX engines. iFinix does. That adds to their asset value base. It also means they may license out their FIX engine solution for good income in the future too.
- 32 vs. 64 bit coding. The development of iFinix products are being coded to allow for 64 bit environments therefore they said they are coding to launch in what is still a largely 32 bit world, but will be able to rollout 64 bit product versions into what is about to become a faster 64 bit programming world. This is good news.
T>S>
Cause: To save time and repetitive requests is it possible to have a link on this page regarding this information?
Investor 100
Same Old Press Releases: No News
Just happen to look at the latest PR and the consistency of fluff continues.
Here is what has happened in the past eight months:
1) Fluff Press Releases: Too many
2) Dilution of Stock!
3) PPS consistently drops from .065 - .0001.
4) MN1 Interviews offer Nothing of substancial.
5) USA has the greatest e-coli outbreak and Kearney gets no bites.
6) Kearney contacts with Washington folks sheds no business!
7) Opens storage units without any business!
8) Fires half the staff to save money!
As many have called months ago it looks like Kearney is following his threat on a reverse-split ( He mentioned it on the MN1 interview as a option )
Kearney is in complete denial of his incompetence and needs to either resign and let others run it or sell it to his former wife!
Investor 100
Outstanding Performance TS on your DD as well as conveying your thoughts in written form.
I take it you are either a lawyer / English professor!
I wish you well and should you discover another great opportunity please feel free to PM.
Much success with your new endeavors!
Investor 100
One Of The Best Post From TS: Visit With INXR Management
March 5,2007
INITIAL REPORT ON MEETING WITH INXR
This is a preliminary message to get the essential thoughts down and then I will expand on them in the next day or so. I will post further about my understanding of their platform and technology approach based on what I could comprehend. These are just my comments and are not sponsored by the company.
I met Drew Budhu in Florida and accompanied him on meetings with Spartan Securities and with Larry Colton who is working with Scott Moore's accountancy CFO Professional Services.
At Spartan I met Managing Director Carl Dilley who would be responsible for all uplisting requirements as the sponsoring broker-dealer for INXR to go to the OTCBB. I also met the man who would be the head trader responsible for making a market in INXR during the first month and after on the OTC bulletin boards. If you are not familiar with the process, the first month only the sponsoring broker makes a market in the stock. Thereafter, other MMs will appear on a stock's level 2. That does not prohibit the sponsor from handling orders for other MMs during that time, but that is how it works.
Besides having a trading desk, Spartan has a significant business in doing uplistings. They are also a very active transfer agent which is one of their key businesses. They run a very tight ship and expressed they perform all duties in full compliance with all regulatory procedures as is their mandate and they don't deviate from any rules and regulations. I was impressed by the professionalism shown in this meeting.
Spartan handles the registration for uplisting with the NASD. During that time, the NASD comes back with a set of questions for the company to answer. Some companies treat this as a quiet period and discuss less with shareholders during that time. Mr. Dilley said that any press release issued during this review period is subject to immediate demands for proof of substance by the NASD and it is the sponsoring broker-dealer's obligation to facilitate those requests for data, including the financials being prepared by the company.
Thus they are the middleman for moving to a new exchange and that is the role Spartan is designated for. I do not have information to convey on specific actions taken by the company in that regard other than I do not think it would be fair for anyone on a public forum to suggest we go to the OTC this month and I can at least make that assumption (my own only) based on the next meeting held.
I met with Larry Colton, the current CFO of eautoclaim.com, which is itself a publicly traded company. He was Comptroller of the same company when Scott Moore was its CFO. When Mr. Moore left the company to found his own accountancy two years ago, Mr. Colton stepped up into the CFO role. His close working relationship with Mr. Moore means he provides some of his professional expertise to the independent accountancy as well. Thus, Mr. Colton was in attendance as the acting accountant in charge of preparation of the company financials.
He was a highly credible man and clearly playing everything by the book. Nobody I met was presenting themselves as anyone other than a professional hired by INXR to fulfill the duties required to move iFinix's corporate agenda forward. We discussed the business of his current company and it was very clear to me he was a stickler on compliance issues and was an asset to INXR.
What I understand is all of the necessary documentation is being assembled by accountants that work with the company in the New York area and they are preparing that data for submission to Mr. Colton and Mr. Moore. Then they will produce the actual financials spoken of by the company. Since I figure that is not due out immediately, but sometime in upcoming weeks I thought it was fair to say at the very least that Spartan would be lacking the additional necessary document to proceed with their duties.
In regards to those people I met, there was no discomfort on my part with their presentation and I am confident they are true professionals who would not willingly have any part of any sort of scam. Just want to get that said. They were fine and respectable contributors to whatever INXR is aiming to accomplish.
That is basically the official context for my visit here with Mr. Budhu. The rest that I'd like to comment on that seems relevant to me I'll do the broad strokes now and then come back and expand on them and update this update so to speak. For now, some thoughts ..........
They are extremely keen on pointing out the great efforts they have gone to to produce their own product from the ground up and the value they place on this in terms of delivering a solid product that will do well, a code base that is uniquely theirs and is therefore a valuable asset base. I would infer from that to be a primary valuation consideration right now.
From spending plenty of time on this topic, I would say that if this proves correct, then we should be looking to at least start achieving a base level $10-20M market cap if they are debt free which would be a starting point of anywhere from half a cent to a cent and half per share without taking into account other factors.
This is a key value proposition I will address further soon. I will discuss to the best of my ability the underlying technical premises implied in this notion based on my conversations. And I will try to recall to the best of my ability the feature sets I was demo'd this past week and by which I can give us all a better viewpoint on the upcoming product to go by. It looks good and like we have a competitive product to look forward to.
It seems to me I probably caught Mr. Budhu in the last window before everything really gets insanely busy for his team and I'm glad I did get another chance to do so. I know he has to go to India for continued work and oversight with his development team there and to get the technical support staff geared up to serve iFinix users. I get the impression his heavy workload also includes dealing with their data vendors and partners and potential partnerships as well. Therefore, I was glad to advance shareholder interests and concerns one more time and now leave it up to them to move forward.
I'll update this with new posts, especially what I could glean technologically that would probably interest many to read. Excuse me if I'm not posting as heavily as I did sometimes in the past, but those weeks were light in comparison to my combined workloads right now and I'm doing my absolute best to stay on top of it all.
All the best
Lasting Words from Former Moderator: Tradeswapper March 27,2007
For those that have been around more than a few weeks TS provided great DD on this company and here is one of his last comments. His departure will be missed..thank you TS!
Hello.
I have not been posting actively lately and have had just enough time to check in and read some posts before getting away from the computer again. I gave plenty of time to the board and have only so much time to spare and I am certainly not interested in idle speculation about what that says about my intent or my feelings on INXR. I do believe the value of INXR and the longer term movements of the stock itself will be dictated by the company and its performance and posting here by myself or anybody else won't change that. I see today's news shows they are preparing for the trial users which is a good thing and I believe that is what is needed. I did say I'd be looking for such indications of impending release and maybe terms of a brokerage agreement and the TV ads and so forth. And that is what matters in the end, not what I or anybody else says. I've supported this for a long time and will check in, but this is not my only activity and I would think people would understand that. Thanks
March 28,2007
I'm not into selling at these prices and have plenty of shares I'd like to sell higher. In all probability, the lower cost basis or small margin of loss sellers have spoken loudest today. Though I was not really believing there was heavy shorting going on the past week, days like today are usually where MMs do their most precise work by shorting fast and hard and pre-empting sellers and bringing down the ask faster which makes the sellers lower their selling price and this can be encouraged by some select short sales. Long story short so to speak. There will be plenty of trading games going on now for sure and the minute this starts recovering and moving up there will be a crowd trying to ride it up again too. This is a rough game, but many know the stock could be way higher from here at any time and many will be fence sitting watching it closely as they are aware of that.
If you have a position here you should read his posts as his DD includes a visit with management.
Investor 100
The test of confidence is upon us!
Looks like the downward push begs the question is the cup half full or half empty for INXR?
For me, its half full with upward mobility given the potential and the business model and plans proposed by management a few weeks ago.
For me a buying opportunity like I have not seen in months.
Its not a matter of luck here but time to allow the story to unfold!
Investor 100
Time again to buy!
The PPS is at a PPS that encourages me to buy and add to my position.
Todays drop takes courage and confidence knowing what we have with INXR.
It is well documented by Tradeswapper.
Not luck needed here only patience.
Investor 100
The Right Hand Knows What The Left Hand Is Doing!
Folks want the AF and point the finger at MT perhaps thinking he can produce them perhaps with a click of a scanner.
However, he must wait for them to be prepared, verified and perhaps have his team give him the thumbs up.
I think the fact that the numbers from a PR months ago did not change tells me that they are not playing games with its books!
The numbers look good all we need are project updates and perhaps clarification on PDR and other events. I continue to say a shareholder conference call would be great and I'll donate my 1-800 to save them some $$. LOL
This tales patience and I am confident despite the "pain" to wait this out for additional news.
GLTA
Investor 100
Press Release Source: PANAMERSA Corporation
Letter from Pedro Borges Fiol, MBA. President, (MMVII) PANAMERSA
Wednesday January 17, 9:31 am ET
PANAMA, Republic of Panama--(BUSINESS WIRE)--Following a detailed review of our progress and recent events, the PANAMERSA group of companies is to be re-organized under a newly created entity:
Pan America Sociedad Anonima (MMVII) PANAMERSA
Effective 17th January 2007, Pan America Sociedad Anonima (MMVII) PANAMERSA, a Panamanian Corporation, will become the operating unit for all PANAMERSA legal entities, united in the common goal of promoting for profit the commercial integration of Latin America into the economic development of Pan America (the Western Hemisphere) and the rest of the world, while protecting our Forests, Flora, Fauna & Water resources. The share structure of the new Corporation comprises two types of shares each denominated in Balboas (the currency of Panama): 100 Million Balboas (total) common voting shares and 100 Million Balboas (total) Series A non-voting Preference shares.
From a Central office in the World Trade Centre in Panama City, (MMVII) PANAMERSA, will be responsible for the overall guidance and direction of the four operating and marketing regions that make up the Sovereign Republics of Pan America, namely:
AMERICA I: Cuba & The Caribbean.
AMERICA II: Canada, United States of North America & Mexico.
AMERICA III: Guatemala, Belice, Honduras, El Salvador, Nicaragua,
Costa Rica & Panama.
AMERICA IV: Venezuela, Brasil, Argentina, Bolivia, Uruguay, Paraguay,
Chile, Peru, Ecuador, Colombia.
PANAMERSA Corporation, the US Public Company with Corporate offices in Dallas, Texas, USA, will continue to represent (MMVII) PANAMERSA in the AMERICA II region. As our public face and operating unit in the major capital market of the world, this company will continue its progress towards BB status en route to a listing on NASDAQ. Under a private contact, PANAMERSA Corporation acquired 30% of the common shares of (MMVII) PANAMERSA to safeguard the revenue sources of the USA Company and the interests of its shareholders and to ensure it's participation in our future growth. Mr. Micheal Scott Terrell will remain the President & C.E.O. of this Company.
Information on the entities representing the other regions will be provided at a later date.
The Board of Directors of Pan America Sociedad Anonima (MMVII) PANAMERSA is as follows:
Director President: Pedro Borges Fiol
Director Assistant to President: Adrian Gonzalez Castro
Director Vice-President Executive: Rodney Adam Omanoff
D Vice-President Regional AMERICA I: Julia Ibarra Seas
D. Vice-President Regional AMERICA II: Micheal Scott Terrell
D. Vice-President Regional AMERICA III: Manuel Gonzalez-Puron
D. Vice-President Regional AMERICA IV: Hector Bolivar Aleman Estevez
Director Secretary: Abel E. Camps Bello
Director Treasurer: Antonio Murillo Cambrione
Director Fiscal: Bernal Murillo Vargas
The Board of Directors remains fully committed to our Shareholders, our PDR holders and our Associates. We will do everything within our reach to meet their expectations of future financial growth and to protect their investment portfolios with PANAMERSA.
Finally, through a simple change of name, Fundacion PayPro has become Fundacion Pan America.
I thank you all for your continued interest and support.
Sincerely,
Pedro Borges Fiol, MBA
About our US public company:
PANAMERSA Corporation is a US public company representing Pan America Sociedad Anonima (MMVII) PANAMERSA business enterprises that assist & promote the commercial integration of Latin America into the economic development of Pan America (the Western Hemisphere), while protecting our Forests, Flora, Fauna & Water resources. The company is also engaged in global e-commerce and e-biz Solutions; providing interactive e-commerce and e-biz programs, on line at: www.panamersa.com; and www.panamersa.net; and a free email service for members of IHUB (www.investorshub.com) and other qualified persons.
The information contained herein may include or be based on forward-looking statements. Such statements represent management's forecasts, assumptions or expectations of future events. Forward-looking statements are not based on historical fact nor are they guarantees of future performance or results. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are made in good faith but are subject to risks and uncertainties beyond the Company's reasonable control which could cause the results of operations to differ materially from those provided in these statements. All forward-looking statements relate only to the date of this document. The Company does not undertake to update or publicly release revisions to forward-looking statements as assumptions and expectations change after the release of this document.
Contact:
PANAMERSA Corporation
Mike Terrell, 214-774-4870
Source: PANAMERSA Corporation
Looking Forward To This Week @ PNMS!
After a few difficult weeks here at the board perhaps Friday's
activity with an increase in the PPS is a telling and untold story that may develop more this week.
Hang on this could get exciting and just what the doctor ordered!
GLTA
Investor 100
EXCELLENT INXR UPDATE. Solid points across the board.
March 14,2007
I have to agree that it helps us all immensely to receive regular updates from the company.
Let's see what we have going on here,
Final refinements:
Progress and closure; getting closer, we might start seeing the word imminent followed by TV ads and product release and our first chance to run our own test trials.
with the addition of features requested by trader test groups:
Very good, they are seeking to fill the needs the market wants and that people like us will need and use.
including platform chat messaging hub for interaction between active iFinix platform users and the implementation of Level 2 record and playback function.
Outstanding. Integrating chat and messaging functions into their data and trading platforms is really smart. You can imagine all of the trading groups working and trading together that way.
and Level 2 record and playback? That's fantastic! I love that. No one else has that. That is a difference maker or killer app feature. Looking forward to that.
Marketing: Television advertisements have gone into production with a leading computer animation studio
This is getting good. Hey maybe we get a Pixar commercial. Whatever the production studio is, it sounds like we are going to get juicy looking TV ads. Never forget what these stocks can do when the TV ads start airing.
to result in first iterations for review by iFinix management this week.
Do we see the TV ads in the near future? Sounds like they are moving ahead on schedule with their stated branding and advertising goals.
Additional internet sites will host advertising banner ads starting this week.
There you go. The easter egg hunt for the next website advertising iFinix is back in gear.
Investor Relations: Blue chip firm to be announced by iFinix shortly as part of ongoing effort to support and inform shareholders.
Good. It is about time. The previous contracts with places like InvestSource seemed to be provisional at best and marking time before they got true representatives. I think this is a very good sign because:
1. it means there will be a regularly available informed person for shareholders to contact and speak to.
2. they are planning ahead with higher quality representation
3. this is part of building brand if the new reps work with blue chip clients
4. the rolodex of the new firm and marketing channels for the stock increase and this can bring in additional new shareholders as the stock rises.
Company actively resolving investor inquiry backlog and establishing protocols for timely response to future inquiries.
I think we've begun to see that with more reportts of emails returned and phone calls from management to shareholders. They probably were not prepared for the level of interest and have begun to take steps to make sure all shareholder relations are properly handled.
Corporate: Commencement of search for additional managerial talent as company plans for increased workload and market expansion.
That is another good sign of preparations for release and ramp up.
Company financials are in active preparation.
Good. They are aware this matters and that people need to realize that while it takes some time they are taking care of it.
Partnerships: Company is in ongoing partnership discussions with interested parties seeking to mutually expand client bases.
This would be indicative of other parties behind the scenes having an active interest in what the company has developed and their impending market introductions. If so, then we're perhaps looking at a greater amount of leverage for market growth sooner than we might have anticipated. They have already mentioned their close relationship to CMA which has major markets in Latin America. That could be a very strong reciprocal market sharing arrangement possibility. Positive statement in sum.
iFinix has met with multiple brokerage houses in February and March and has submitted term sheets with contract negotiations pending.
This is big. If they can produce proof of a brokerage agreement sometime soon, then this company and the stock is going to rock IMO. I sense some people are getting their weeeeeees lined up in row in the event we get any such announcement. I'm glad they have mentioned this now. If they have tendered their terms and they are settled and agreed upon soon then we may be sitting on a powder keg now.
All in all, a very strong, clean and direct update. Just what the doctor ordered.
Another Employee Bites The Dust!
Lots of luck Jerre Maxwell on new endeavors!
PDSC CEO Announces Change of Personnel
Clarence W. Karney, chief executive officer for Produce Safety & Security International, Inc. (PINKSHEETS: PDSC), today announced that Jerre Maxwell, vice president of operations, is leaving the Company to pursue other interests.
The Fresno office will continue operation under the direction of Dr. Kent Sorrells and the new Director of Sales & Marketing, Joe Tobin. Tobin has already submitted several Food Safety proposals to California growers and packers.
Produce Safety intends to become a significant competitor in the domestic and international food industry over the next five years utilizing its patented and proprietary food equipment and technology.
About Produce Safety & Security International, Inc. (PDSC)
PDSC has developed and patented products for extending the shelf life of perishables. The EPA-registered products sanitize and disinfect against food-borne illness pathogens and disease-causing bacteria. PDSC provides a range of options for retail stores, restaurants, cruise ship lines, disaster cleanups and municipal programs. Furthermore, the process incorporates a complete audit trail, an essential component for complying with government regulations in the USA, Canada and Mexico.
PDSC's state-of-the-art ozone process has been shown to extend shelf life and remove food borne illness bacteria. This process will provide retail produce departments reduced shrinkage, increase the bottom line and provide a fresher product for the consumer. The customer will be assured of a safe food product by use of this process, which may be used on organic produce to remove the pathogens. This process uses no chemicals thus meeting the requirements of organic certification.
For further product information, joint venture opportunities, distributorship program information, or program applications, please go to PDSC's website http://www.foodsafeint.com.
About MN1.com
Yes, moved in a year ago...north to Wake Forest!
Go Tar Heels , State or Devils...gotta chose one otherwise you cannot move in.
LOL
Investor 100
Thanks TS You Asked A Lot Of My Questions...
I would added based upon these questions:
1)Why not a shareholder conference call?
GLTA
Investor 100
Wow...Lots Going On Here....
What Could It Be...hmmm
1) AF next week.
2) Buy Back.
3) Update on Projects.
4) Acquisition(s)
Whatever today is a great come back story!
GLTA
Investor 100
Wow...something going on here...
Looks like this stock has some spring left for an uptick.
Like to see an update from these guys ( AF ) more specifics on (PDR) and updates on previous announced deals.
If Trump is making it happen in Panama why not PNMS!
GLTA.
Investor 100
Tradeswapper Adds Chain Of Events: March 16,2007
Looks Consistent with the current activity!
CHECKLIST OF EVENTS IN COMING WEEKS AND MONTHS
Brokerage Houses sign on for iFinix platform
Blue chip IR firm comes on board which can mean
- Quality access for shareholders
- Magazine and Newspaper mentions for INXR
- Exposure to whole new groups of investors
Ad Campaign Grows - New Ad locations appearing
TV Ads hit - kaboom as the bomb drops on CNBC, Bloomberg channels, etc.
Product release announcements and free trial offers begin
Patents Filed
Partnerships announced
Need I go on?
On average there could easily be one of these key elements falling into place each week for the next 1-2 months. I see INXR basing now into these developments. What more can we ask for?
Right On TS!
CHECKLIST OF EVENTS IN COMING WEEKS AND MONTHS
Brokerage Houses sign on for iFinix platform
Blue chip IR firm comes on board which can mean
- Quality access for shareholders
- Magazine and Newspaper mentions for INXR
- Exposure to whole new groups of investors
Ad Campaign Grows - New Ad locations appearing
TV Ads hit - kaboom as the bomb drops on CNBC, Bloomberg channels, etc.
Product release announcements and free trial offers begin
Patents Filed
Partnerships announced
Need I go on?
On average there could easily be one of these key elements falling into place each week for the next 1-2 months. I see INXR basing now into these developments. What more can we ask for?
DISCLAIMER: These are my opinions only. Do your due diligence before making any investment decisions. I buy my shares like everyone else. I accept no form of compensation.
INXR Technology Analysis: Notes from Tradeswapper.
TS has done some excellent DD for all to enjoy!
NOTES ON INXR TECHNOLOGY
I took these comments down in discussing with iFinix their platform and what I think they were trying to convey to me about what is their proprietary coding and intellectual property. They said it was OK to talk about.
As we have seen recently the proprietary angle is important to the company and their vision of their future as recently shown by their intent to do patent protection of their data processes.
The following are my notes which I think more than anything gives us all some idea of the possible complexities of putting together a solid data delivery and trade execution system. These are some of the criteria that I captured in notes that must be addressed to do so.
- Fault Tolerance
- Intelligent Order Routing
- Data Formatting Processes which ensures both Data Integrity and Recognizes & Removes Stale Data immediately
- Memory Management
- Resource Management (both client and server side)
- Effective Redundant Backup of transmitted data
- Speed of Execution (clean coding = ability to shave off valuable milliseconds in electronic data and commands)
- Tracking Data Packets (important for maintaining data integrity)
- NASD OATS (Order Audit Trail System) integration. This is part of coding trading systems and it is required of MMs (and thus it can make the platform enabled for INXR expansion into the MMs, broker-dealer and professional trading organizations)
- Order Tracking. Time or entry, time stamping transmission, exchange execution times, rejections, cancellations (again, all formatted to OATS standards)
- Framework Build. Programmers will understand that terminology because I'm not sure what it means, except that when done properly and with advance planning for scalability and the addition of more features and functions, a properly established development framework leads to more rapid development of all of those future modules, features and functions to be added as time goes on.
- Server Code. Memory databasing to parse data using proprietary algorithms to store and process this data. Important is separate server-side requirements for different financial markets.
- Data Feed Handler. As I understand it, that is the fancy way of saying user interface, in other words the modules you'll be using (or the Front End). A streamer is the output of a data feed handler that takes all of the data flowing to the company from the various exchanges and their coding converts it into a unified language read by your interface.
- Coding Languages. Desktop = C++ for most stable and modern code base. Web Module is either Java or .Net but I'm not sure.
- Browsers. They are enabling both MS Explorer and FireFox. I know that I cannot run AlphaTrade in Firefox so that is good to know.
- OS environments. Plans to suppor Windows 2000, XP and Vista plus Apple OS. Not sure about open source environments like Linux.
- FIX = Standard Financial Institutional Exhange data protocols. If I got this right, every brokerage, every execution in the markets must be scripted to deal with FIX protocols. There are different FIX versions making it a very tricky thing to navigate for any systems integrator.
- FIX Engines. Furthermore, many brokerages will not code their own FIX solutions but will buy FIX engines to plug into their product environments. A good FIX engine solution can cost hundreds of thousands and many do not have their own proprietary FIX engines. iFinix does. That adds to their asset value base. It also means they may license out their FIX engine solution for good income in the future too.
- 32 vs. 64 bit coding. The development of iFinix products are being coded to allow for 64 bit environments therefore they said they are coding to launch in what is still a largely 32 bit world, but will be able to rollout 64 bit product versions into what is about to become a faster 64 bit programming world. This is good news.
Those are my notes.
DISCLAIMER: These are my opinions only. Do your due diligence before making any investment decisions. I buy my shares like everyone else. I accept no form of compensation.
Good to see an upswing on the shares today!
Hoping for better days, weeks and months ahead!
Sad to see this board interest slipping downward to 15th!
I guess lots of folks have moved on:(
GLTA
Investor 100
Tradswapper Notes From Visit at INXR!
INITIAL REPORT ON MEETING WITH INXR
This is a preliminary message to get the essential thoughts down and then I will expand on them in the next day or so. I will post further about my understanding of their platform and technology approach based on what I could comprehend. These are just my comments and are not sponsored by the company.
I met Drew Budhu in Florida and accompanied him on meetings with Spartan Securities and with Larry Colton who is working with Scott Moore's accountancy CFO Professional Services.
At Spartan I met Managing Director Carl Dilley who would be responsible for all uplisting requirements as the sponsoring broker-dealer for INXR to go to the OTCBB. I also met the man who would be the head trader responsible for making a market in INXR during the first month and after on the OTC bulletin boards. If you are not familiar with the process, the first month only the sponsoring broker makes a market in the stock. Thereafter, other MMs will appear on a stock's level 2. That does not prohibit the sponsor from handling orders for other MMs during that time, but that is how it works.
Besides having a trading desk, Spartan has a significant business in doing uplistings. They are also a very active transfer agent which is one of their key businesses. They run a very tight ship and expressed they perform all duties in full compliance with all regulatory procedures as is their mandate and they don't deviate from any rules and regulations. I was impressed by the professionalism shown in this meeting.
Spartan handles the registration for uplisting with the NASD. During that time, the NASD comes back with a set of questions for the company to answer. Some companies treat this as a quiet period and discuss less with shareholders during that time. Mr. Dilley said that any press release issued during this review period is subject to immediate demands for proof of substance by the NASD and it is the sponsoring broker-dealer's obligation to facilitate those requests for data, including the financials being prepared by the company.
Thus they are the middleman for moving to a new exchange and that is the role Spartan is designated for. I do not have information to convey on specific actions taken by the company in that regard other than I do not think it would be fair for anyone on a public forum to suggest we go to the OTC this month and I can at least make that assumption (my own only) based on the next meeting held.
I met with Larry Colton, the current CFO of eautoclaim.com, which is itself a publicly traded company. He was Comptroller of the same company when Scott Moore was its CFO. When Mr. Moore left the company to found his own accountancy two years ago, Mr. Colton stepped up into the CFO role. His close working relationship with Mr. Moore means he provides some of his professional expertise to the independent accountancy as well. Thus, Mr. Colton was in attendance as the acting accountant in charge of preparation of the company financials.
He was a highly credible man and clearly playing everything by the book. Nobody I met was presenting themselves as anyone other than a professional hired by INXR to fulfill the duties required to move iFinix's corporate agenda forward. We discussed the business of his current company and it was very clear to me he was a stickler on compliance issues and was an asset to INXR.
What I understand is all of the necessary documentation is being assembled by accountants that work with the company in the New York area and they are preparing that data for submission to Mr. Colton and Mr. Moore. Then they will produce the actual financials spoken of by the company. Since I figure that is not due out immediately, but sometime in upcoming weeks I thought it was fair to say at the very least that Spartan would be lacking the additional necessary document to proceed with their duties.
In regards to those people I met, there was no discomfort on my part with their presentation and I am confident they are true professionals who would not willingly have any part of any sort of scam. Just want to get that said. They were fine and respectable contributors to whatever INXR is aiming to accomplish.
That is basically the official context for my visit here with Mr. Budhu. The rest that I'd like to comment on that seems relevant to me I'll do the broad strokes now and then come back and expand on them and update this update so to speak. For now, some thoughts ..........
They are extremely keen on pointing out the great efforts they have gone to to produce their own product from the ground up and the value they place on this in terms of delivering a solid product that will do well, a code base that is uniquely theirs and is therefore a valuable asset base. I would infer from that to be a primary valuation consideration right now.
From spending plenty of time on this topic, I would say that if this proves correct, then we should be looking to at least start achieving a base level $10-20M market cap if they are debt free which would be a starting point of anywhere from half a cent to a cent and half per share without taking into account other factors.
This is a key value proposition I will address further soon. I will discuss to the best of my ability the underlying technical premises implied in this notion based on my conversations. And I will try to recall to the best of my ability the feature sets I was demo'd this past week and by which I can give us all a better viewpoint on the upcoming product to go by. It looks good and like we have a competitive product to look forward to.
It seems to me I probably caught Mr. Budhu in the last window before everything really gets insanely busy for his team and I'm glad I did get another chance to do so. I know he has to go to India for continued work and oversight with his development team there and to get the technical support staff geared up to serve iFinix users. I get the impression his heavy workload also includes dealing with their data vendors and partners and potential partnerships as well. Therefore, I was glad to advance shareholder interests and concerns one more time and now leave it up to them to move forward.
I'll update this with new posts, especially what I could glean technologically that would probably interest many to read. Excuse me if I'm not posting as heavily as I did sometimes in the past, but those weeks were light in comparison to my combined workloads right now and I'm doing my absolute best to stay on top of it all.
All the best
Thanks Tradeswapper: Superb Analysis On INXR!
My Breakdown of INXR Overview PR
One board member posted that the PR is a mission statement. I agree. Very clearly, it is a road map with points of execution to be achieved along the road to the market release and company growth and shareholder success as a result.
Original PR text is in bold and selectively underlined. My comments headings are bold, but my commentary text is not bolded.
Original PR Text found on company website is here:
http://www.ifinix.com/dnn/Home/IfinixNewsDetails/tabid/111/Default.aspx?ifinixPodcastId=31
iFinix Corporation Discusses Company Agenda for 2007
iFinix Corp. Jamaica, New York (Other OTC: INXR.PK- News) released today a comprehensive overview of iFinix's corporate strategy and goals for 2007. Chairman Drew Budhu commented, "As iFinix embarks on an accelerated entry into the financial marketplace with its comprehensive line of real time and trading platforms, the level of inquiry from prospective users of our products, shareholders and potential investors has increased dramatically. The following summary will prepare our clients for their future with iFinix and address shareholder concerns at this opportune turning point in our corporate history."
Comment: Laying the groundwork for their first customers, many of them whom may be from among our circles. Keeping us informed of what is ahead so we become their best advocates. This is just good common sense.
Core Objectives
iFinix CEO Doug Spadaro stated, "iFinix's objectives are three-fold. We will deliver quality real time trading tools and execution platforms to the financial marketplace at a competitive price, effectively support our subscribers and eliminate any obstacles that limit achieving solid returns for our shareholders. We consider these objectives to be more than mere goals. They are our obligations to the consumers and shareholders who support us and whom we work for."
Comment: Implied is iFinix subscription products will cost less than some products you are paying more for like Alphatrade.
Tech support is being prepared. Means release is getting serious because it is a cost you don't take on unless you are going to support real product. And, most importantly, they know that support is critical to customer retention.
Exhibits consciousness as I am inferring from these statements (and because they address it more fully further into the text) that they understand it will take proper share structure management and disclosure to remove the higher barriers to achieving the best valuations for INXR's share price later. They are declaring themselves as being on board with a win-win corporation/shareholder strategy.
iFinix Financial Products
The iFinix product suite will initially consist of three products. After conducting extensive market research, the company will rebrand their product suite along the following lines:
Comment: They are paying attention and evolving their products. The branding seems to more accurately take into account where they might be able to take market share for real time services and the more precise orientation of the trading platform which the re-branding no longer implies is limited to the trader's level of experience.
iFinix RealTime is the desktop real time platform being prepared for release. The modular components offered include Streaming Quotes with unlimited ticker lists, Level 2, Time & Sales, Alerts, Charting, Streaming News, Financial Content and Market Research.
Comment: Sounds like it can be a worthy successor to AlphaTrade.
iFinix RealTime will also be upgraded soon after release to include stock screens and real time scanners with fully configurable market motion filters. iFinix will be including these added functions at no extra cost to provide a superior value and competitive product.
Comment: That then upgrades it as a potential substitute for MicroCapFeed (which is $100 or more), especially if the aggregate costs are less.
iFinix Trader will add trade execution functionality and account management features to the iFinix RealTime platform.
Comment: Key point here for me is this is a desktop product which is preferable in many cases to Java programs of some competing products. This RealTime platform, and the Trader platform execution functionality built on top of it, could be a very solid choice for many of us.
I have both web-based and desktop installed trading programs and I lean towards installed programs which often have more stable data feeds (though EFinix will be a mobile solution that is web based which is also needed if you want to track and trade on the run).
iFinix Trader will integrate with partnered broker-dealers thus affording iFinix users high speed trade executions at a range of brokerages. iFinix Trader will be made available both to retail traders and professional organizations.
Comment: partnered broker-dealers - multiple accounts at brokers with favorable commissions and good execution is a winner for any of us who like to trade in the microcaps. All we need then is unlimited trades per shares and brokerages that welcome trading in all BBs and Pinks and this will be great. Dual marketing plan? Though I think retailers are going to be their bread and butter target audience it would be very encouraging if they later announced usage by larger trading organizations.
With iFinix RealTime rolling out first, iFinix Trader will go to market release as new brokerage partnerships are announced. Users will be able to trade and manage multiple iFinix-partner brokerage accounts aggregated within a single iFinix Trader environment. With the ability to hook into an assortment of high-speed direct access brokers, iFinix will continue to expand your trading choices as each new broker joins our network.
Comment: Sounds like we have a map coming into focus here. We're looking at a rollout of RealTime soon. I think we should keep our eyes peeled for any kind of advertising by iFinix in the coming month.
Once RealTime is out and we're all running our trial versions and subscriptions are starting up, then we should start looking for signs of brokerage relationships being announced, trade executions being beta tested and then the Trader functions being released. Then we are really chugging along.
Efinix is a web enabled version of iFinix Trader that will run on desktops and on mobile devices. With Efinix, you will be able to track the markets, manage your portfolio and trade online using the same execution features as iFinix Trader. Efinix is in advanced stages of development and being prepared for release.
Comment: This rounds out the product line and market targeting. They get to expand their desktop audience by making them fully mobile and they get to readily compete for what is next: the rapid growth of mobile market demand for trading tools.
I think this is good timing in the marketplace and could be a winner. Also, if you are happily using the Trader desktop through participating brokers, you'll probably sign up for EFinix to be mobile. That is fair for us and good extra income for them.
Product Strategy
iFinix's business model is subscription based for iFinix RealTime and Efinix. Users that trade through a participating brokerage will receive iFinix Trader on a low or no cost basis. iFinix will receive a percentage of each commission fee from trades executed using iFinix Trader.
Comment: That's the business plan in a nutshell. With a really good opportunity on the subscription side, if they are competitive in features and pricing relative to the previously mentioned vendors, then they can get an income stream going on the RealTime and Efinix subscriptions.
And, if you sign up with one of the brokerages they are in business with, you may get the same tools for free or low cost if you want to trade through them too. This makes perfect sense as the competition for your business grows and larger vendors add new features and tools to their in-house platforms.
What I think would make this really click is getting brokers offering us unlimited share trades on commissions in the $5-10 range. This is the master key IMO because there are thousands of actual brokerages out there. That's right, a ton of them. This has nothing to do with hooking up with Ameritrade or Schwab. It has everything to do with tapping into a large pool of brokers not set up yet with their online trading tools.
Many smaller brokers have zero web presence and many have no retail trading platform at all. They may even be market makers too, have nice trading set-ups in house for serving their existing clients, but no web presence. The web continues to explode, so there will be plenty of interest in iFinix Trader I think. They may service large accounts and institutions as a direct trading desk, but many of them would like to start capturing retail trading business too.
So they partner with a company like iFinix. It is a win-win-win situation for both of them and for us. The broker gets clients brought to them by iFinix and iFinix gets revenue stream by sharing the commissions generated and we get a microcap friendly brokerage that is eager to serve us and retain our business.
I think the numbers here could be outstanding. If INXR were to receive 10-30% of the commissions (hypothetically anywhere from 0.50 to 2.00 per trade for discussion sake) and you have your first 1,000 active microcap traders doing on average 5 trades a day, you can already see how the daily income stream from brokerage partnerships could quickly generage $5,000-10,000 or more daily not that far after launch.
The longer term potential then is exponential if dealing with 10,000 users and higher, but just in the short term the implications are rewarding to the point we could see a no debt company we hold shares in go cash flow positive quickly. Could be amazing if these pieces fall into place. The road map is telling us this may be coming after all so we should consider it all now.
Due to the large range of brokerage services and tools investors employ, this diversified business model ensures iFinix products will be available in all contexts and the company will generate an income under all scenarios.
Comment: Covering their bases and not becoming overly dependent on one product or one income stream method. Good approach.
iFinix will offer various subscription pricing tiers for essential platform services plus add-on services and extra exchanges at a cost less than the basic and total package prices of other vendors with comparable offerings.
Comment: This should benefit the consumer who wants something like just Level 2 and T&S for Pinks without paying as much.
As market penetration of the iFinix platforms increase, communications protocols for other programmers will be made available to encourage the building of product add-ons. The company will partner with these developers and assist in the marketing of these value-added products.
Comment: Planning ahead. This makes perfect sense. First off, the company can build great momentum if they are signing up many brokerages because that gives us, the users, the ability to have and manage multiple accounts from a single platform.
From a growth point of view the more brokerages they engage and the larger the user base the more R&D they can spend to expand their tools and services.
And with a larger base INXR can attract high quality entrepreneurial programming talent that sees an opportunity to piggyback on the products and build another income stream from their add-on products. Another win-win-win scenario.
All iFinix product is coded by iFinix. Earlier iFinix product demos are no longer active or to be considered representative of market-ready products soon to be released. Free product trial subscriptions will be offered when each product is released.
Comment: I think this clears up any questions about their product. If they wrote it all thats the proprietary stance we need to see. And we will all get to play with the product soon too.
Product Support
When iFinix RealTime is officially released, live technical support will be provided via chat messaging on the iFinix website and by email on weekdays from 8 a.m. - 6 a.m. EST. The company guarantees weekend support requests will be resolved by Monday market open.
Live support hours may be expanded later as the user base expands. Chairman Drew Budhu will go to India soon to review current development efforts and to finalize the training of tech support staff, initiate support tracking procedures and establish knowledge base protocols.
Comment: Solid. Absolutely required for the products to succeed and retain customers. I'm very happy this is happening now. It lends validity to the expectations of the first release upcoming. Indian team gets first mention here which is then touched on again later.
Management
iFinix was founded by Drew Budhu, a specialist in distributed computing environments. Mr. Budhu is the chief architect of iFinix products and technology initiatives
Mr. Budhu comments, "I have held fast to my vision of making iFinix a value-added proposition for both the consumer marketplace and our shareholders. I worked hard to keep our company going until we reached the threshold of delivering product to the marketplace and we are finally on our way. We have no debt, take marginal salaries, keep our costs lean and are determined to grow the company in 2007."
Comment:So far I have absolutely no reason to doubt this. As I have said more than once before, I have yet to catch them in a lie and I continue to monitor their progress very closely.
No Debt statement - This is huge for all shareholders. It means they could go profitable the moment their revenues exceed their monthly burn rate. This implies for me that regardless of the dilution of 2006, they have kept money in the bank TO BUILD THE COMPANY, not line their pockets by printing paper.
Low Salaries, Cost Conscious - That is what can keep the burn rate down and allow them to go profitable sooner due to not having debt. By having that lower burn rate keeping costs in check while ramping up the revenue stream, the company may surprise many people and have a solid growth and profitability strategy for 2007, not some time way off in the future.
CEO Doug Spadaro has held management positions at Citicorp, ABN/AMRO and Paget Group and has an extensive background in financial services. He is involved in strategic planning, daily operations and developing the broker-dealer network for iFinix trading products.
Comment: The background is excellent and what gets me really engaged is the last comment. Bring it on. I want low cost unlimited share trades at multiple brokers on one platform. Go get em Doug.
Ricardo Brillon is the Chief Information Officer of iFinix. Mr. Brillon develops the core programming of iFinix product while project managing additional outsourced development teams, including about a dozen developers currently working full-time on iFinix products in India.
Comment: Excellent statement. Think about it. Small company with limited resources is in step with the ways the world. Outsourcing and web based communications and project management gets it done these days.
Look up Digg.com. Worth a fortune now. That website was developed paying a programmer from elance about $10 an hour (same programmer is now part of that success story and has further benefitted too).
The point is we have resources working on this company's platform, readying it for release, testing it and getting ready to support it.
Naveen Vasudevan is the lead project manager in India who oversees the local workforce dedicated to iFinix software development and technical support.
Comment: Their main man in India. I spoke to him and he was very cordial, plugged into what iFinix was developing and sounded knowledgable. I have some corporate background that allows me to look at a software company logically and he sounded like he was in the developmental chain where he should be with Drew and Ricardo working providing the overall guidance from the U.S. I discussed product points and what I'd like to see and he seemed on top of it all.
Craig Eckert is CEO of iFinix subsidiary, R&B Computer Systems Inc. With over 20 years of technology experience and an engineering and management background, Mr. Eckert has developed strategic relationships with companies such as Ernst & Young, Accenture, Nortel, IBM, Compaq, EDS, Lucent and Goldman Sachs.
Comment: The background is very impressive. I will be in touch with Mr. Eckert to learn more as he brings what looks to be very strong contributions to the overall success of the company.
Subsidiaries and Acquisitions
R&B Consulting is presently the only iFinix subsidiary. Under Mr. Eckert's full-time guidance, R&B is currently partnering with regional and international technology consultancies as a personnel and solutions provider. Drawing on Mr. Eckert's experience, iFinix expects R&B to contribute revenues in 2007 and grow significantly in the following year.
Comment: Keeping it real. May be a factor through this kind of consultancy work building on R&B and Drew's past work experiences. Gravy if it clicks, not critical to shareholders if it does not or takes time to build. I need to learn more.
Mr. Eckert is responsible for locating acquisition targets that would increase iFinix revenues and generate profits. Several private companies presently operating with positive cash flow are under consideration. R&B has already qualified for a Small Business Administration loan that would facilitate a contemplated acquisition in full without any need for dilution of iFinix shareholder equity.
Comment: Good things to come? Sounds promising if they are able to bring in immediate revenues with profits while already debt free, especially if it is via conventional and non-dilutive financing. That is more than interesting, it may mean there are greater alliances backing up the future of this company than we know because to qualify for the loans is something many small start-ups struggle to get.
Mr. Eckert's oversight of this separate entity ensures there will be no loss of focus on the primary financial products and services business of iFinix.
Comment: Good. No matter how good R&B becomes, it is not going to get in the way of the primary mission of iFinix kicking butt in the trading world.
Affiliations & Partnerships
iFinix has in place all data feeds through agreements with CMA, Comtex and Pink Sheets.
Comment: Lock and load; they have that in place so obviously they are able to facilitate all final development and beta tests with the real deal. Getting closer to release.
CMA is currently a major financial data provider to the Latin American trading markets. The iFinix and CMA association already extends beyond access to CMA exchange feeds.
Comment: Specifically, CMA is doing business in Brazil, Argentina, Uruguay, Chile and Spain. iFinix's website shows the data feeds CMA gives them access to. As far as the relationship is concerned, because iFinix has built their own product apart from CMA's product line, then there may be some level of cooperation and sharing of expertise between both parties.
As iFinix grows, the synergies between the two companies may then be extended towards mutually obtaining market share in their respective North and South American markets.
Comment: This approach can often be one of the stepping stones to accelerated growth for smaller companies. The smaller company realizes they may never aspire to becoming even a top ten provider in a rapidly growing global financial marketplace, but to get just a percent of it makes iFinix super successful and very profitable.
If the progression to having multiple U.S. brokers hooked into the iFinix Trader platform gives INXR growing bargaining power of its own, then they may become an access point to the U.S. markets for CMA's Latin American and Spanish customers and vice versa. Sounds promising to me.
Other partnerships will be explored on a regular basis as iFinix seeks to expand their products and services and increase their market reach to include all levels of retail users, professional traders, proprietary trading shops and brokerage houses. As the iFinix customer base grows, the company will explore the possibility of applying for its own broker-dealer license and thus become a fully leveraged financial services provider and brokerage house.
Comment: This would be a stunning accomplishment and the fulfillment of the business plan that has been laid out before us. It takes money to apply for the broker-dealer license, but if we see the company is signing up hundreds of users to trade on their platform and the growth is significant, they would have the cash flow to go for the broker-dealer license pretty quickly.
Being a brokerage themselves with an already heavily involved portion of their user base coming from the microcap trading and investing community, iFinix would be able to leverage and capture one of the greatest market niches available in the U.S. equity brokerage markets today in my opinion.
With the volume of trades microcap traders make if iFinix really serves our segment and exhibits continued love and respect for their shareholders, then becoming brokerage would be a monster move.
So many brokerages are not responsive to our needs. They may try, but fall short. But if you have a brokerage which has continued to do R&D of their product base in response to our feedback, we may have both the toolkit, executions and commission structure that really serves our needs completely.
Corporate Governance
In positioning the company for a listing on the OTCBB exchange, iFinix has adopted policies of full disclosure and corporate transparency.
Comment: Not a common statement by Pink Sheet companies. Some give lip service then do nothing or worse. Thus far the company has divulged many details and posted their prior documents and are showing all the signs of a Pink readying for an uplisting to the better OTCBB exchange so I'm inclined to take this statement with a greater level of confidence.
2006 annual financials are nearing completion and should be made publicly available within several weeks.
Comment: This is a strong indicator of one key development we will be anticipating on the near horizon then. Based on this PR we will be looking to confirm they are debt free and have at least enough cash in the bank account for a low burn rate of $10-20,000 (my guess only) for the time being.
Get the subscriptions and commission sharing adding to revenues and maybe a marginally dilutive equity raise done in a few months would then push them straight through into 2008 with a growth curve and no further concerns by shareholders about dilution.
At that time all itemized insider share positions, including restricted stock, will be stated.
Yes, I have advocated this on all of our behalf. I'm a bit of a pain in the butt and I lobbied for this to be sure I was not getting yessed, but that it really was 100% understood as mandatory to achieve full respect in the markets and be seen as legit so we can all hunker down once and for all for the big show.
I am very pleased to see it in writing. Therefore, I expect it to be listed soon with the 2006 financials coming out. Then I will ask them to instruct the Transfer Agent to divulge this data willingly and then we are really going to be smoking.
Then we'll all see there is no current dilution and then you'll know the float is beyond tacked down. Then you can make your own conclusions supporting whether or not there has been shorting activity against the stock.
I'm already confident there has been plenty of shorting, but once everyone is sure of the share structure that will just add to the overall confidence of the market in INXR and its management. Add in product releases, ad campaigns, the buzz and revenues and uplisting and the shorts will be doomed.
The best way to beat a short is have a great success story in the making. I like our positioning on this very well now.
And recent corporate governance actions enacted to fully align management with shareholder interests will be disclosed.
Good. Therefore the financials release will include all we need to see to confirm the company is putting their hat in the ring with us and we will succeed together.
Mr. Spadaro concludes, "iFinix is approaching critical mass as a product developer about to release a series of excellent products, as a company evolving from start-up to a serious market competitor and as a publicly traded equity that was once abandoned by the markets and is now a vital trading issue. We are gratified by the growing interest in iFinix and this management team is focused on restoring value to our shareholders by virtue of great products, hard work, ethical management practices and clean corporate governance policies."
Comment: Strong summation of all of the above. I asked them to take care of us, the shareholders, and perhaps we would all succeed as a result. So far, so good.
DISCLAIMER: These are all my opinions, not the company's. Do your own Due Diligence before making any investment decisions, etc. etc. etc. I don't get zippity doo dah in terms of cash, equity, massages or ego stroking from the company or any outside party. I buy my shares in the open market just like everyone else and take on the risk too. I don't post on any other website about this stock, just here. Anybody recommending this stock pick elsewhere is doing so without any direct input from me. I'm an activist shareholder who looks for distressed stocks to see if they have value that can be unlocked and we can ride the gravy train together. I don't want to know when PRs are coming out and I'm not trading on any information. I'm locked and loaded and not timing anything because I expect to make more bucks doing that than by flipping and trading the stock. Kapiche?
DISCLAIMER: These are my opinions only. Do your due diligence before making any investment decisions. I buy my shares like everyone else. I accept no form of compensation.
Excellent Read!
GREAT READ
This was passed on to me and it makes for good food for thought.
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Invest Wisely and Trade Smartly
The savvy long-term investors never chase stocks up. For the most part that is momentum players and daytraders where most of it or what follows is dumb money. Instead the long-term investors use a couple of simple strategies in order to position themselves. One is to find a stock no one immediately sees has huge potential and accumulate.
Long-term investors are not interested in trading against the public mind or the dumb money. That's where the majority of the money can be made but even more can be made if the base of a stock is held extremely strong by investors. However the second is not to doubt the research which is the
underlying basis for going long and holding.
More and more investors are winning the game now days despite all bashers that float through the Internet that has become part of the game. Floor traders of market makers often watch CNBC, news wires and bulletin boards in order to follow the market during trading session. OTC BB market makers (MMs) don't use fundamental and technical analysis.
However, what they do realize is a lot of dumb money does use this newest nitch charting or TA (Technical Analysis) to run a stock either up or down. To the MMs this is like taking candy from a baby. Simply they will paint the tape and use whatever tactic to affect the charting bands. Thus the public and dumb money they will have eating out of their
hands. Effectively the MMs can show a strong stock growing weak by manipulating the close price in order to generate selling volume, delaying trading time to manipulate trading activities, or even stalling the ask without honoring orders to hold a stock price.
MMs follow a simple code of business when making a market in a stock especially an OTC BB. That is the level that stocks will seek that yields the most volume. Now this is very important because they make money on the volume buying at the bid and selling at the ask. In other words, by making the market they are buying low and selling high. Now smart money adheres to that rule, so do all the market makers. They could careless whether the stock is at $83 or at $0.23.
All they care about is the action thus being able to sell stock at the offer (The high) and buy stock at the bid (The low). To increase their profitability, they make the spread as great as possible on as many shares as they can especially if the volume falls off.
When they have mostly all "buy" orders, that's not the price that's going to yield the most volume. They need both buy and sells to get the maximum action. Remember, MMs play the volume. If the volume decreases and there are mostly Buys that become a one way volume, Buy volume. So what they do is let the stock run up to a price where it runs out of steam. They fill all the buy orders there that they can and then comes the pullback one way or another naturally or induced.
During the pull back they can buy tons of shares and flip them to those averaging down or trying to catch the bounce. At some price, the stock will be relatively stable and yield the most volume. Now that is the average price you will see. The average price is the point where a stock seeks a level where MMs can profit on the most volume. So during the day that is the price that MMs and momentum/day traders want to see the stock at.
Why? Because they know the public and dumb money was chasing the price thing up. Most of the time, the MMs love a flurry of Market Orders which is a dead sign of an artificial run or momentum. Merely it is money in the bank for them. Most get hung in a momentum or day trade or by the tactics of Market makers, who are in the business to screw the public
every chance they get and the NASD is not going to do anything about it. They are merely making the market liquid is their reasoning.
The market makers have created an added complication to the OTCBB's chaos of the already volatile intra-day price movements created by dumb money, momentum and day-traders. MMs can not relate to long-term holders in the OTC BB. That makes absolutely no sense what so ever. They feel a large percentage of trades in the OTC BB market consist of short term or day-trades, MMs merely view the barrage of buy and sell orders as relatively neutral to the market.
How they figure it is when the average dumb money buys shares in a company, the MMs feel or rather know with some certainty it is very likely that dumb money will want to sell back those shares relatively quick on the slightest drop.
Now somewhat comfortable with this logic the MMs merely short sells into the buying and attempts to take the stock down in an effort to "shake out" the weak. Since it is tough to know for sure whether a move is the beginning of a trend, or a routine shake out, this type of deception works quite well for the MMs. What the long-termers do to a stock is
surprise the MMs because instead of falling the shorting has no effect and the price goes up. Now that puts the MM at selling low through shorting and thus having to buy high in order to cover.
Boy, when this happens, the MMs are not very happy ampers. The investors and traders are supposed to be doing that no them. Now it becomes time to pull out every trick and tactic in the book in order to attempt to get a Bear Raid at every dollar mark or percent from where the stock started. Could be a penny in smaller priced securities? What MMs do is give you a chance to make a small amount of money for your momentum and day trading style by shorting it at these levels and trying to get a bear raid each time. Each failure is compounding the MMs short position so they let it go to the next level. Now come more deliberate tactics MMs use to coerce Bear Raid or panic selling.
Once the MM is caught short and the strength of the buy is overpowering the MM will want to cover his short position. So the MMs call up one of his friendly MMs and says some like "the weather is sure rough today." The MM along with the other "friendly MM initiates a down tick about the same time. Now this can also be done with a certain amount of shares such as an infamous 100 shares flag. This down tick gives the illusion of weakness designed to hopefully begin the bear raid of selling.
The fickle, fearful, day trader, momentum and short term begin to sell out allowing the MM to cover his short position at lower prices. They will move it down quickly to get it to a price of least financial damage. Problem they have is long-term investors in the OTC BB. They start
accumulating and buying comes flying in when they take it too far thus the MMs took it to the point of volume again and not only investors the other MMs step in the make money on the spread.
Alas the poor MM does not get to cover. Now comes various tactics like stalling, boxing, or even locking the Bid and Ask for a while. MMs have a vast resource of tactics and it would take probably more than my lifetime to figure them all out.
So how do investors somehow manage to overcome the obvious deception in OTCBB arena? One answer is indirection trading style by going long which the MMs do not expect. In the war between investors and public companies on the OTC BB vs the MMs, if the MMs have all the advantages due to position or other factors, direct confrontation such as momentum or day
trading hitting the stock is a definite death sentence.
However, an indirect approach tends to weaken the path of least resistance before slowly overcoming it. The most effective way is long-term investors slowly accumulating and holding thus drawing the MMs out of its defenses making them as naked as their short position. This is war so this slow accumulation and holding for the long term easily achieves the desired effect to force MMs to cover and knock off the
tactics or bury themselves deeper.
The MMs when caught will especially use every trick and tactic in the book to get a Bear Raid thus playing on the individual fear of most people. The MMs feel they have information and position advantages over the investors as long as the holding of the stock is in weak hands or
short term holders. Since they are OTC BB MMs who believe all OTCBB companies are not worth investing and management is ineffective regardless what is happening within the company. Furthermore, MMs know they are in the position to impose a great deal of influence in OTC BB stocks trading when it suits their needs.
This inherent power of position enables the MMs to move the markets at any time up or down. As a result, the only way to draw them out of their favorable position is going long. Now this does not mean just any company but to effectively nail the MMs, Longs must find the great company on the floor and accumulate long before the MM tactics and games begin.
This requires extensive research to find such a rare stock, but once you have found it, you are one up on the MMs so be prepared for every tactic in the book.
DISCLAIMER: These are my opinions only. Do your due diligence before making any investment decisions. I buy my shares like everyone else. I accept no form of compensation.
INXR Goals for 2007: Great To Re-Post For Newbies!
Buying On Dips / Holding Since December!
CEO leading the charge here is stellar with excellent credentials and Fortune 500 experience!
Not A Matter of Luck Here But A Mater Of Allowing The Business Model To Unfold!
iFinix Corporation Discusses Company Agenda for 2007
iFinix Corp. (PINKSHEETS: INXR) released today a comprehensive overview of iFinix's corporate strategy and goals for 2007. Chairman Drew Budhu commented, "As iFinix embarks on an accelerated entry into the financial marketplace with its comprehensive line of real time and trading platforms, the level of inquiry from prospective users of our products, shareholders and potential investors has increased dramatically. The following summary will prepare our clients for their future with iFinix and address shareholder concerns at this opportune turning point in our corporate history."
Core Objectives
iFinix CEO Doug Spadaro stated, "iFinix's objectives are three-fold. We will deliver quality real time trading tools and execution platforms to the financial marketplace at a competitive price, effectively support our subscribers and eliminate any obstacles that limit achieving solid returns for our shareholders. We consider these objectives to be more than mere goals. They are our obligations to the consumers and shareholders who support us and whom we work for."
iFinix Financial Products
The iFinix product suite will initially consist of three products. After conducting extensive market research, the company will rebrand their product suite along the following lines:
iFinix RealTime is the desktop real time platform being prepared for release. The modular components offered include Streaming Quotes with unlimited ticker lists, Level 2, Time & Sales, Alerts, Charting, Streaming News, Financial Content and Market Research.
iFinix RealTime will also be upgraded soon after release to include stock screens and real time scanners with fully configurable market motion filters. iFinix will be including these added functions at no extra cost to provide a superior value and competitive product.
iFinix Trader will add trade execution functionality and account management features to the iFinix RealTime platform. iFinix Trader will integrate with partnered broker-dealers thus affording iFinix users high speed trade executions at a range of brokerages. iFinix Trader will be made available both to retail traders and professional organizations.
With iFinix RealTime rolling out first, iFinix Trader will go to market release as new brokerage partnerships are announced. Users will be able to trade and manage multiple iFinix-partner brokerage accounts aggregated within a single iFinix Trader environment. With the ability to hook into an assortment of high-speed direct access brokers, iFinix will continue to expand your trading choices as each new broker joins our network.
Efinix is a web enabled version of iFinix Trader that will run on desktops and on mobile devices. With Efinix, you will be able to track the markets, manage your portfolio and trade online using the same execution features as iFinix Trader. Efinix is in advanced stages of development and being prepared for release.
Product Strategy
iFinix's business model is subscription based for iFinix RealTime and Efinix. Users that trade through a participating brokerage will receive iFinix Trader on a low or no cost basis. iFinix will receive a percentage of each commission fee from trades executed using iFinix Trader.
Due to the large range of brokerage services and tools investors employ, this diversified business model ensures iFinix products will be available in all contexts and the company will generate an income under all scenarios.
iFinix will offer various subscription pricing tiers for essential platform services plus add-on services and extra exchanges at a cost less than the basic and total package prices of other vendors with comparable offerings.
As market penetration of the iFinix platforms increase, communications protocols for other programmers will be made available to encourage the building of product add-ons. The company will partner with these developers and assist in the marketing of these value-added products.
All iFinix product is coded by iFinix. Earlier iFinix product demos are no longer active or to be considered representative of market-ready products soon to be released. Free product trial subscriptions will be offered when each product is released.
Product Support
When iFinix RealTime is officially released, live technical support will be provided via chat messaging on the iFinix website and by email on weekdays from 8 a.m. - 6 a.m. EST. The company guarantees weekend support requests will be resolved by Monday market open.
Live support hours may be expanded later as the user base expands. Chairman Drew Budhu will go to India soon to review current development efforts and to finalize the training of tech support staff, initiate support tracking procedures and establish knowledge base protocols.
Management
iFinix was founded by Drew Budhu, a specialist in distributed computing environments. Mr. Budhu is the chief architect of iFinix products and technology initiatives
Mr. Budhu comments, "I have held fast to my vision of making iFinix a value-added proposition for both the consumer marketplace and our shareholders. I worked hard to keep our company going until we reached the threshold of delivering product to the marketplace and we are finally on our way. We have no debt, take marginal salaries, keep our costs lean and are determined to grow the company in 2007."
CEO Doug Spadaro has held management positions at Citicorp, ABN/AMRO and Paget Group and has an extensive background in financial services. He is involved in strategic planning, daily operations and developing the broker-dealer network for iFinix trading products.
Ricardo Brillon is the Chief Information Officer of iFinix. Mr. Brillon develops the core programming of iFinix product while project managing additional outsourced development teams, including about a dozen developers currently working full-time on iFinix products in India.
Naveen Vasudevan is the lead project manager in India who oversees the local workforce dedicated to iFinix software development and technical support.
Craig Eckert is CEO of iFinix subsidiary, R&B Computer Systems Inc. With over 20 years of technology experience and an engineering and management background, Mr. Eckert has developed strategic relationships with companies such as Ernst & Young, Accenture, Nortel, IBM, Compaq, EDS, Lucent and Goldman Sachs.
Subsidiaries and Acquisitions
R&B Consulting is presently the only iFinix subsidiary. Under Mr. Eckert's full-time guidance, R&B is currently partnering with regional and international technology consultancies as a personnel and solutions provider. Drawing on Mr. Eckert's experience, iFinix expects R&B to contribute revenues in 2007 and grow significantly in the following year.
Mr. Eckert is responsible for locating acquisition targets that would increase iFinix revenues and generate profits. Several private companies presently operating with positive cash flow are under consideration. R&B has already qualified for a Small Business Administration loan that would facilitate a contemplated acquisition in full without any need for dilution of iFinix shareholder equity.
Mr. Eckert's oversight of this separate entity ensures there will be no loss of focus on the primary financial products and services business of iFinix.
Affiliations & Partnerships
iFinix has in place all data feeds through agreements with CMA, Comtex and Pink Sheets. CMA is currently a major financial data provider to the Latin American trading markets. The iFinix and CMA association already extends beyond access to CMA exchange feeds. As iFinix grows, the synergies between the two companies may then be extended towards mutually obtaining market share in their respective North and South American markets.
Other partnerships will be explored on a regular basis as iFinix seeks to expand their products and services and increase their market reach to include all levels of retail users, professional traders, proprietary trading shops and brokerage houses. As the iFinix customer base grows, the company will explore the possibility of applying for its own broker-dealer license and thus become a fully leveraged financial services provider and brokerage house.
Corporate Governance
In positioning the company for a listing on the OTCBB exchange, iFinix has adopted policies of full disclosure and corporate transparency. 2006 annual financials are nearing completion and should be made publicly available within several weeks. At that time all itemized insider share positions, including restricted stock, will be stated. And recent corporate governance actions enacted to fully align management with shareholder interests will be disclosed.
Mr. Spadaro concludes, "iFinix is approaching critical mass as a product developer about to release a series of excellent products, as a company evolving from start-up to a serious market competitor and as a publicly traded equity that was once abandoned by the markets and is now a vital trading issue. We are gratified by the growing interest in iFinix and this management team is focused on restoring value to our shareholders by virtue of great products, hard work, ethical management practices and clean corporate governance policies."
Source: Market Wire (February 20, 2007 - 11:00 AM EST)
News by QuoteMedia
www.quotemedia.com
Excellent Press Release Back In December 2006
Always good to re-read past press release articles!
Steps 1-5 talk about 2007 plans: Good Stuff!
I have not sold a share since investing back in December!
The Board of Directors of iFinix Corporation Announces Shareholder Update
Thursday December 14, 12:00 pm ET
JAMAICA, NY--(MARKET WIRE)--Dec 14, 2006 -- The Board of Directors of iFinix Corporation (Other OTC:INXR.PK - News) today issued the following shareholder update.
ADVERTISEMENT
Dear Valued Shareholders:
With 2006 coming to a close, it is an excellent time to review the milestones the company has achieved this year, which the management believes positions iFinix for significant growth in 2007.
1. We obtained interim financing to stabilize operations and streamlined expenses, and at the same time maintaining a moderate level of dilution.
2. We filed out 15c-211 in November 2006 as the first step to be a fully reporting company with a view towards a listing on a more visible exchange.
3. The company reached significant milestones in the development and proprietary design of the Phoenix Suite of Products. We have launched our first product, Phoenix Analyst, which will be available to individual investors, broker dealers, and institutions. We are confident that we will achieve significant market penetration thru the distribution channels we are currently putting into place.
The Company is in the process of implementing the following for 2007:
1. Securing sales agreements with brokerage companies;
2. Securing joint venture agreements with broker dealers;
3. Listing the company on OTCBB and with Standard & Poor's;
4. Creating a brand name for iFinix in the financial industry;
5. Consummate acquisitions of target companies with whom we are currently negoticiating.
Despite the usual obstacles that typically present themselves to growing companies, we have maintained our resiliency and used all of our industry opportunities for the Company's strongest possible fundamental progress. At this time I would like to thank our shareholders for your continued support and loyalty. It is the management's mandate to deliver a strong and viable company and to enhance shareholder value.
Tie this all into a shareholder conference call!
If they do not have money for the 1-800 number I'll contribute my companies toll free number (LOL)
GLTA
Investor 100
Could this be hard to bail?
This could be difficult to bail at .004 if the O/s remains high and the daily volume falls below average.
What I think is key for those who maintain their shares is getting caught with them when MT+management refers to those remaining outstanding "bogus shares". I have no idea what the implications are at that time but that would be a concern if I were holding shares.
Clearly, MT+ management is protecting those that hand in their certificates and the rest can go fly a kite.
Good Luck
Investor 100
Hoping for a better week: Better Results
Hoping for a better week with improvement in the PPS.
Will MT + management provide any additional clarification on some great questions offered by the board?
GLTA
Investor 100
That is the $64,000,000 question(s)!
With that in mind and with so many questions, speculation and accusations on previous PR'S why not the following:
I would assume that the majority here will go with the PDR which I suspect is in the thousands / perhaps millions of $$'s when its all added up.
No harm , no foul in having a shareholder conference call to discuss the proposed PDR , review the process / transfer, time line for complete platform for trading purposes, update on the many projects mentioned in previous PR and a Q&A session.
The results could take the PPS to new levels, more folks here going the PDR route.. a Win / Win for both parties!
I only find this the next step to get the PPS up and more folks onboard.
GLTA
Investor 100
Yes, Communication=Shareholder Conference Call.
This is not rocket science but a logical step when there is much confusion on a new idea / concept.
Like anything new, it must be discussed in detail to those involved, employees and management at Panamersa Corporation as well as us..the shareholders!
Its is not usual but a standard practice for companies to have shareholder conference calls...they are inexpensive and inform everyone at one time what is going on!
With the millions of shares this board might still hold I cannot think of a better time and out of respect to everyone here that management communicate and explain with all questions answered what this new concept entails.
Time to think outside the box otherwise this PPS is heading in the opposite direction which is contrary to what MT has stated in the past about the PPS.
I continue to hold my shares until the fog lifts.
GLTA
Investor 100
Too Bad Bill Kearney Did Not Give This To George Bush!
Another Missed Opportunity
Build A Plant in California Bill!!!!
E. Coli outbreak linked to California spinach field
Contamination could have come from tainted water, cow feces, or wild pigs at the field, a report shows.
March 23 2007: 5:07 PM EDT
WASHINGTON (CNN) -- A nationwide outbreak of E. coli poisoning that sickened at least 205 people has been traced to pre-packaged spinach from a single California field, processed on a single day last summer, according to a report released Friday.
But exactly how that field became contaminated is impossible to say, the report said.
Video More video
Simple safety steps can help prevent one of the most serious food borne illnesses. CNN's Judy Fortin reports (February 2)
The report found several possible causes of the contamination - including tainted water, cow feces in a nearby field, and wild pigs roaming in the area - but said it's impossible to definitively say which was at fault.
The outbreak last summer caused illnesses in 26 states and led to three deaths.
It ignited a six-month investigation by California's Department of Health Services (CADHS) and the U.S. Food and Drug Administration.
Based on interviews with victims, investigators last September traced the sicknesses to pre-packaged spinach processed by Natural Selection Foods in San Juan Bautista, Calif., and sold as baby spinach under the Dole brand name.
"The probe was a notable effort by federal, state and local officials," said Robert E. Brackett, director of the FDA's Center for Food Safety and Applied Nutrition. "It yielded valuable information we can use to determine how best to reduce the likelihood of similar outbreaks."
Lawsuits launched against spinach producers
Investigators found the tainted spinach was packaged on August 15 and had come from four nearby growing operations.
Dr. Kevin Reilly, deputy director of prevention services at CADHS, said investigators took more than 850 environmental samples from the Paicines, Wickstrom, Taix and Eade ranches in Monterey County and San Benito County, finding the deadly O157 strain of E. coli in river water, cow feces and wild pigs.
Friday's report says that all the samples testing positive for O157 were associated with a single farming operation, Mission Organics, which leased fields on the Paicines Ranch.
Because there were so many possible sources of contamination, the report had to conclude that "no definitive determination could be made regarding how E. coli O157 pathogens contaminated spinach in this outbreak."
"It takes a single breakdown," Reilly said. "But today, we're better than we were a year ago. ... We will continue to improve safety associated with leafy green vegetables."
Natural Selection Foods has already taken some steps to improve safety, such as using two mobile laboratories to test for E. coli in produce entering the plant.
But critics of the industry say that growers or the government could do more, such as regularly testing all water supplies and requiring at least several hundred yards of separation between cattle and growing operations.
And California State Sen. Dean Florez, D-Shafter, said the report makes the case for "mandatory" regulations that can be enforced - with fines levied.
"The report is devoid of any action plan on how their recommendations should or will be implemented or by whom," Florez said.
"I think it is very shameful that our state government, especially the agencies that are responsible for the health and welfare of the public, have relegated themselves as simple spectators to the most deadly E. coli outbreak emanating from California."
Kudos To INXR! Outstanding Leadership.
Unlike anything that I have experienced with penny land stocks is the strategy set by management.
Then again I would not expect anything less than a CEO with Fortune 500 experience!
Great job thus far with many more new accomplishments to come in the future.
Investor 100
Three Blind Mice: Shareholder, MT and PNMS
I have never spoken with MT, never e-mailed MT, or for that matter the company itself other than what I read on this board.
Yes,MT looks like a great guy with good intentions to protect all of us but like anything else when it comes to money " caveat emptor" and this situation is no different.
Its managements desire that all of us call our brokers and transfer our shares to certificates and then send them down to the newly formed foundation in Panama with a guarantee to those that hold their PDR for one or two years...great idea in theory!
The most recent pass mishaps clearly demonstrates that their is much work to be accomplished with new leadership that clearly defines the future of this company. Given the business culture, and monetary laws we need leadership that understands it and conveys it with confidence and accuracy to its shareholders.
With shareholder confidence at perhaps it lowest point I cannot think of a better time for management to implement the following leadership guidelines.
1) First, a shareholder conference call would boost my confidence and I am sure of others to have the facts and straight talk about the future plans and time lines. A Q&A would be terrific.
2) Reduce the Float: "Show us the money + confidence" in your own company! Leaders take the bold steps first and its followers will come! Take some of the companies $$ and buy out the float!
3)Financials : Some form of financial disclosure is only prudent and smart despite the laws in Panama.
Its my opinion that time is of the essence given that the PPS is dropping to a point whereby the MM's dominate the play causing more shareholders to sell at losses.
Investor 100
Wishful Thinking Hunter 6110:
Heck at this junction I'll swap out for FedEx shares!
Good Luck!
Investor 100