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the official range mentioned in an update last month is between $1-$3 dollars. how the final valuation is determined though, is beyond me.
DCH
Son of a Gunderson, i sent almost the same exact email to Sam today.
do you have naked pictures of him to blackmail him, to warrant a response to you and not to others??
also, what nationality is the last name anybody, it sounds Greek.
Since the shares are effectively ours, now all IFXY has to do is to show us all the reasons we would want to keep those shares.
DCH
well at least by this time next week, we will all be locked in for some lockwood shares. The dominoes are being lined up and hopefully that first nudge will be following soon.
as my daughter would say "i am being sartastic"
crazy volume making this thing soar!!!
DCH
these letters are great, but i wish just once we would get something firm from them. the only firm date we have of something happening is still just april 19th.
BUT all these developments sound awesome. if they deliver on just 25% of them, this thing should be rockin and rolling.
DCH
I dont blame investors for walking away either. BUT...... in IFXY's updates, they say the pending SPC acquisition was the reason for the lockwood shareholder date to be pushed back a month. Unfortunately those 2 events are married together and as soon as the one happen news should follow on the other. Why anyone wouldn't wait until at least around the 19th (roughly 2 weeks from now) to make their final decisions, is besides me. MY guess is that alot of them will be back before the 19th. There's no reason to wait around if they have hotter plays elsewhere, especially if they have a target date. Damn, if i hadn't been previously invested in IFXY for a while now, and i had cash and i see messages regarding acquisitions and delays. I would be watching and circling the 17th on my calendar as a date to review things. since right after that is when alot of our significant news is due. So in a nutshell if we don't hear anything by the end of this month (and i don't even know why i give them to the end of the month, i guess i am generous), then i get frustrated again.
My company makes projections for every week, month, quarter, year. Do we hit them all, no. Do we postpone projects and delay things, yes. Every business does it. I know that INFRAX has been a source of frustration for some (me included), but I knew what i was getting into. IFXY is no apple or google (yet), and even those guys miss earnings and make mistakes with product launches. If people don't have the intestinal fortitude to be here, or feel safer and more conservative plays are a better option, that's fine. maybe they think this stock is a dog and we are all clowns for following it, that's fine too. But if that's the case then, i can't change their opinion and convince them to stay, even if i wanted to.
so everyone let's just tighten up the belt for a little while longer and lets see what happens.
DCH
weird, ameritrade isn't letting me buy any shares today.
"opening transactions on this security are not accepted"
hmmm.
DCH
as much as that sounds good in theory, i wouldn't hold my breath on that guess. I think it will be closer to or after the shareholder record date. if they release great info now it could run and people will sell into that info. things get all weird. But if they wait until investors run the risk of losing their potential Lockwood distribution, they get people to hold on and not dump.
the flip side to that argument, is that if they release great info after the date of record and this thing runs, alot of us waiting for the Lockwood shares can't sell (or would think twice about selling). but non infraxicated traders can come and go as they please, also making things weird.
opinions??
DCH
question, once the Lockwood share are distributed, would those shares then need to be held for a year to not pay the higher capital gains tax??
I have never been issued shares before, so i don't know.
DCH
thanks dad.
One of my requests was looking for lockwood valuation and/or distribution info. we are getting close to the shareholder on record date. But we know nothing else beside the 3-1 ratio. if i have missed some news items i apologize, but i am pretty certain i haven't.
DCH
Things i don't like.
I hate that everytime I have bought shares over the last month or 2 I have to make sure my total is divisible by 3.
Also i concur with whoever said the new IR leaves alot to be desired. I have hit them up with a couple of simple questions, and have received no response. At least when i emailed Sam and regarding the times he didn't get back to me i would always assume he's busy. But for a group brought in specifically to be IR, well they better have a boat load of news coming out soon, because to me so far they have been invisible.
DCH
In addition....
(8) i know for a fact that they have really good looking shareholders!!
BOOOOOOOOO!!
Hey guys, i have been shooting out emails to Sam over the last month or so. but he hasn't responded to a single one. I would think this is a good thing because of the buys and activity over the last 3 days. but is he not the right person to reach out to anymore??
DCH
back after some vacation time, and i am so glad i stuck around on this.
anyways, regarding this news when is the earliest we will see this impact IFXY's revs and stock price. the deal should close at the end of march, and combined financials will be audited and completed in late june. if anyone can guesstimate on a timeline, it would be appreciated.
DCH
Ironically the same thing happened to me. I was using my garmin GPS to help me find a client location, and all of a sudden the GPS was flaking out and directing me towards Mexico. i think someone highjacked my GPS and was trying to get me to cross the border unknowingly. had i made it they probably would have forced me to smuggle drugs back across international borders. that could have ended up bad.
DCH
Are we getting set up for some major pumpage????
DCH
interesting morning so far.
some decent buys just came across.
DCH.
globe and others.
I emailed Sam this morning, and i don't even bother asking for specifics anymore because i know i won't get them. But he emailed me back this afternoon, and answered my question about falling stock prices and news.
"Its end of the year and many people take their tax losses. Company is in good shape and we will be sending few PR’s relating to our effort soon."
Again nothing newsworthy, but when he responds, it usually happens that within a week or 2 then next PR comes out. What info they have this time, is anyone's guess. But i will continue to be optimistic until there's nothing left to be optimistic about.
DCH
what a bummer.
but this is vegas time, i am not selling now to cash out with my 88% loss. i am letting it ride until it goes to $0 or until some of these deals finally get consummated.
I think at the least infrax should send us each a polo shirt with their logo on it as a thanks for your support deal.
Then we can all tell the story, i invested all my money in infrax and all i got was this lousy polo shirt.
DCH
where did all these shares come from?
and why are they picking now to dump, when they still have a month left to sell and take the loss for taxes.
DCH
if the only interest is short, how come this isn't bleeding out faster. Is it because the volume is brutally low?
i am asking, because we have been at the .09-.10 area for weeks, and i truly don't know.
the way it's going i will tell my family not to buy me a Christmas present this year and just take the hundred or so dollars they would have spent on me and buy a couple more thousand shares. either way the money will have been spent on frivolous things, at least with IFXY there is a small chance i will get some kind of return out of it.
DCH
ask-infrax.......
where are you? We summon you forth to keep us from jumping off of the ledge!!!
i still think they are doing things right as the amendment today shows, albeit at a much slower pace than people want.
last week i had a couple of email exchanges with Sam, asking more about the timing of the RS and whether it needed to be done precisely at that point, or if it could have been delayed until some news came out. His answer was that it was needed to be done at that point and that their goal was to move the price up slowly in preparation for a potential NASDAQ listing?!?
So we know they have a plan in place, and we all know some of the catalysts (full itron compliance, SPC acquisition, etc) but what we don't have any clue on is the timing or eventual numbers. Are some of these deals 1 quarter from completion, 2 quarters, a year. Will the future revenues be modest, or will they be momentum making?? It's that lack of knowledge that is making everyone go all crazy. I for one wish they did have a rough timeline to show or share with us. it doesn't have to be set in stone, but a heads up of where things are at would help calm some people down.
DCH
trading halted on zecco!!
2 things.....
First.... i love where IFXY is going, i have an internal clock in my head and i kept telling my self that i was going to wait for 2 more reports, before i make my decision to sell or stay. At this point, i an leaving my timeline open to indefinitely. I don't like the shorting. But if it drops any more i will pick up more. too much potential here to not continue to add.
Second.....Articles like that one burn me up. they throw out the sexy name Anonymous to get attention.
if Anonymous actually decided to blow up power grids, how will they continue to hack? Unless they have Diesel generators that can run for weeks on end, they would be impacting their ability to be cyber protectors. in addition, if they did have the generators, when all the ISP's don't have power, and the hosting companies don't have power. how do they even get connected to the outside world.
i would rather them have led with foreign cyber terrorists, instead of a hacking group that has a ton of members in this country. but just because they oppose some energy projects, don't make them out to look like they are trying to cripple the world.
do the meters need tighter controls and bleeding edge technology, yes. but in my opinion they need to be protected from dorks in North Korea, China, or the middle east first. not westernized countries hacking groups.
when you see who Anonymous goes after, they aren't terrorists. just rebellious people who target a$$holes. sorry for defending anonymous, i just think that their intentions are mostly honorable.
IFXY!!
DCH
to those of you who were worried about the DTC stuff. I just asked Sam about it because i got a message as well when i tried to purchase. Sam's responses is followed by my question.
"This is their basic disclosure. Please consider that we just did a reverse and DTC had to approve and process the event. So it would be impossible for us to be non-DTC.
Thanks"
Sent from Infrax Systems
On Sep 29, 2011, at 2:34 PM, "X" wrote:
Sam,
I trade with Zecco and I was going to buy some more shares today, but I am getting a warning that IFXYD might not be DTC eligible.
Even though the stock doesn’t appear on their list, I still got the message and I wanted to see what you know.
Here is the quoted text from a PDF on Zecco’s site.
“It is your responsibility to investigate the eligibility status of a low-priced equity before trading it. You
may consult the Known Non-DTC Eligible List in our Forms Library or contact the specific company
whose equity you intend to trade to confirm eligibility. Please note that there is no guarantee that the
Known Non-DTC Eligible List will contain a complete and updated list of non-DTC-eligible stocks. This
information is provided on a ‘Best Efforts' basis.”
I want to purchase more, so if you could do a little research for me and help me figure out if IFXYD is safe, please do. I italicized and underlined the parts of significance.
the next quarterly report is now due on the 28th. Sam just shared that date with me this morning.
DCH
nothing changes, but more than 9 times out of 10, a RS ends up being bad. people like to short the $hit out of a stock after a R/S. most of the people here are holding out hope that this move doesn't end up backfiring or infrax.
i also don't have a warm and fuzzy story of a R/S ever working, but i am hoping with this one they can prove everyone wrong.
i just went back and forth with sam in some emails. the 10-q comes out just after the reverse split on September 15th. i made him aware of other stocks i have suffered through reverse splits, and what usually kills them immediately following is bad or no news, he agreed.
since their pipeline is still full of pending contracts and acquisitions and agreements, my only hope is that the potential bad news of the R/S will be offset with a boon of great news and so forth.
So i hope what he agreed to is not lip service and what i am considering is not wishful thinking.
but since i got nothing else to go on for the time being and i'm down so far already, i will have to wait and see.
15 million volume is nice.
i wonder what it means??
anyone have a guess as to the release of the quartely and anuual reports. the last 10-q had already been released this time last year??
at this point there's no reason not to buy more. you can get 250k shares for less than 300 bucks. it's redonkulous!! put off buying the kids or grandkids an xbox 360 this Christmas and see what happens.
DCH
I just sent Sam a followup email. As the norm, he can't say much, but here is the exact response.
"Unfortunately, at our previous release, we could not mention on ongoing contracts, some sales and especially our current contract work being done with a major utility. But when time comes and with proper approval, we will release those information.
Everything is going well here and we are on target."
I don't get cutesy showing the email headers and things like that. This is what he said and this is all i have to go on.
I underlined it myself for effect.
DCH
Ok, i emailed a rambling letter to sam, and was asking more for opinions than fact. My rational was I thought if i danced around it, he might give me more than what a typical response would have.
Unfortunately he said he couldn't comment on many (or any) of the things i asked.
but he did let me know that a state of the union type address would be coming soon from the CEO and to watch the PR's. the way he typed it though, made me think of the ladies voice in my car navigation system, and how it would sound if she spoke the words. very dry, and without any indication of excitement or displeasure.
so i will be waiting faithfully,
DCH
just got back from vacation, has anyone heard anything significant from sam lately. i might throw at him a general "what's up?"
DCH
he fore suure spelled IDIOT rite, and i tink thats thuh most impotant fact when tlakign abut puppy posts!!
but i agree with globe, just because they release a fuzzy looking statement (that they only released after they got hacked), doesn't scare me one bit. If infrax's technology and solution is sound, we will be rewarded. but jsut because puppy's get scared of companies with well known names, doesn't mean we need to also.
DHC
even though i am still optimistic. i am a little dismayed that we didn't get any updates for cooltech. did anything "cool" happen there??? do we have to wait until the august Q to learn anything new? for all of the stuff in the pipeline, and the fact that the last quarterly report was a blah. newsworthy items must be close to being let out of the bag.
DCH