Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Mmmhhthum wha? Unhmth, what the? Oh, I must have been dreaming. Wake me up when INIX actually does something. I'm going back to sleep.
INIX has added four board marks this week. Perhaps, interest is growing.
I'm actually considering starting up a "comfort food" diner. At least I would only be responsible to myself for the success of the business.
Which promo are you referring to? I tried looking up MicroProfiler but found nothing on it. Can you elaborate? Thanks.
$5K on the Ask could start a rally which could take out the 0002s. Never know.
In some areas of the country, the construction business is doing pretty well. Especially, in areas that were destroyed by hurricanes, wildfires, tornados, etc.
According to the PR, BuildMasters had a profit in 2010 of $38,000 which is something the old iFinix never had. I do not count the $134 profit from last year. And, yes, it is a big deal, because revenue and profit rule.
If this new holding company direction works out, then INIX could make a move again. A few on the board even suggested in the past that the company become a holding company, so let's see what happens. I, for one, am pleased they have moved away from the software development arena.
I agree with you Aquilis that iFinix has a lot to prove. For those of us still holding onto our shares, I guess the only way is up.
INIX news out - up 100%.
iFinix Corp. Acquires Profitable Company
WHITE PLAINS, NY--(Marketwire - Nov 28, 2011) - iFinix Corp (PINKSHEETS: INIX), a consulting and management holdings company that consists of several subsidiaries, today announced the completion of acquiring 100% of BuildMasters, LLC, a commercial contracting firm.
iFinix completed the acquisition of BuildMasters, LLC on November 16th, 2011 with a purchase of 6.8M preferred shares. BuildMasters, LLC is a fast growing commercial building contracting firm specializing in steel erection and concrete in the construction industry. In 2010, BuildMasters reported revenue of $318K with profit of $38K.
iFinix Chairman, Douglas Spadaro, stated, "iFinix management is pleased to enjoin a solid profit center to our business and announce BuildMasters as our first acquisition in our restructuring efforts of the company. iFinix will continue on the path to building a diverse portfolio of small businesses focusing on revenue generation and are also looking into bringing on the personnel to affect this change in the near future."
About iFinix Corp.
iFinix is a diversified information technology services and solutions company with expertise in systems integration, outsourcing, infrastructure and server technology. iFinix has established a product line that delivers financial and business information with streaming, real-time market data, news and analytics to professionals and active individual investors. The company's suite of products includes iFinix RealTime, iFinix Trader and eFinix. www.ifinix.com www.ifinixsoftware.com
Legal Notice Regarding Forward-Looking Statements:
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of iFinix Corporation to be materially different from the statements made herein.
I agree. At least it's not "we're planning to acquire..." or "we have a Letter of Intent". This time it's already complete and it's a profitable company. If iFinix is indeed re-imaging itself as a holding company, then, in the future, they might acquire other companies well outside it's traditional business model.
I noticed, today, that OTC Markets upgraded INIX to OTC Pink Current Information.
Hopefully, Woody is the one buying up all those trip-zero shares today.
I doubt we will see much this week since it's a short week for Thanksgiving.
Futures is no more according to the fins.
Have to see another 100+ million shares trade to get off .0002 Another day like yesterday would do the trick.
No DTCC without an uplist. DTCC is not playing nice with pinkies anymore.
There's no share structure requirement to uplist to the OTC-BB, just audited fins . So, IMO, no R/S because it would destroy what's left of shareholder support.
That has to be close to 250 million shares traded over the past 10 business days.
I wish.
E*Trade and Scott Trade allow both buying and selling. Those using TD Ameriturd are only allowed to sell. Consider opening an account with the former if you want to buy more.
Berkshire Hathaway is a holding company, one of the largest. It's easy to do the DD.
I'd have to think INIX is a great play for new investors. INIX longs will have to wait it out and see what happens next.
Former CEO out. Moving in a new direction - Holding Company - and away from the financial industry. Over 125 million shares traded in the past week so whoever picked them up stands to make some coin if INIX moves back to mid-.000s or higher. I will reserve judgement until after the company [new management] informs shareholders about the acquisition.
I agree with some previous posters that the company at least filed financials on time and there is the potential, at least according to the PR, for the stock to move higher.
I guess someone didn't want INIX to close up for the first time in months. That last .0001 trade was only 500 shares. Trip-ones must be all but gone now.
INIX up 100%. How bout that?
iFinix Corp. Reports Third Quarter Financial Results
WHITE PLAINS, NY--(Marketwire - Nov 15, 2011) - iFinix Corp (PINKSHEETS: INIX), a provider of real-time financial information and services to active traders and to the securities industry, today announced its financial results for the third quarter.
iFinix Corp. reported revenues of $61,780, and a loss of $13,967 for the quarter ending September 30, 2011. This represents a decrease in revenues of $73,738 and a decrease in losses of $92,653 compared to the same period last year.
iFinix Chairman, Douglas Spadaro, stated, "iFinix management plans to restructure the company and move forward as a general holdings company rather than being restricted to the financial industry. Our primary focus will be revenue generation and we are taking steps toward this goal. The company is in final negotiations to make this happen through an acquisition. iFinix is still working diligently towards enhancing shareholder value and believes the market will adjust upward to align with our perceived worth."
View Report: http://www.otcmarkets.com/stock/INIX/financials
About iFinix Corp.
iFinix is a diversified information technology services and solutions company with expertise in systems integration, outsourcing, infrastructure and server technology. iFinix has established a product line that delivers financial and business information with streaming, real-time market data, news and analytics to professionals and active individual investors. The company's suite of products includes iFinix RealTime, iFinix Trader and eFinix. www.ifinix.com www.ifinixsoftware.com
Legal Notice Regarding Forward-Looking Statements:
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of iFinix Corporation to be materially different from the statements made herein.
I don't think it's dilution any longer. IMO, it is people trying to sell/dump to get end of year losses for tax purposes.
Well, somehow, someone was able to unload 20 million shares today.
Exactly. That's why I was surprised to see your post. The PR does not tell investors much either other than the company still has a pulse.
You haven't posted on the board in six months. I guess INIX still has your curiousity.
The former CEO was being paid in stock. In my opinion, a new, legitimate, CEO would probably want to be paid in cash since the stock is worthless. Not gonna happen.
60K might not be nothing if it hadn't been fabricated from false information. The money wasn't in the box. Nuff said.
That's the hardest horse pill to swallow, that the company was on the brink of showing an actual profit.
Just, FYI, the DUMB$$$ comment was not directed at you. It was directed at the owner of the safety deposit box.
It seems INIX is already in purgatory. No one on this board is responsible for that. That rests solely with a former member of the iFinix Board of Directors.
Yaaaaaawwwwwnnnnn,
You just can't let go of the past. That was 18 months ago. Back in 2009, everyone wanted me to be on the phone with the company. I've lost my ass since then. The only way out of this mess now is Chapter 11 bankruptcy and it will take years, if ever, to get my money back.
Who the hell would there be to answer emails??? Futures is toast and Ben is out. Why waste time emailing???
Don't know why I even bother to stay on as Mod since all it's good for is catching sh%$ from some of the members. It wasn't my f^%$@^g safety deposit box....DUMBASS!!!
Thanks for pointing that out. I have removed Ben as the CEO and moved Isaiah Israel to the top. I have also copied the other bio information and emailed it to him to ask if he could update it. It is very outdated. If he replies with the information, I will update the iBox to reflect it.
Perhaps, you should email Mr. Israel and make that suggestion. In light of what Mr. Monroe did, it seems like a fair and reasonable thing to do. It would help regain investor's confidence a little bit. Makes you go hmmmmm
New York, NY (1888PressRelease) September 13, 2011 - IFINIX Corp. (INIX) a provider of real-time financial information and services to active traders and to the securities industry today announced the appointment of Mr. Isaiah Israel as the company`s new interim CEO.
IFINIX Corp´s Board of Directors, at a meeting held on Sept 6th 2011, accepted the resignation of Mr. Munroe as the company`s President and CEO and appointed Mr. Isaiah Israel to act as the company`s CEO until such time as a permanent replacement can be found. Mr. Israel has served as a member of the IFINIX Board for the last 4 years.
IFINIX Corp.'s new CEO stated "Although we regret and are saddened at the departure of our friend and colleague Mr. Munroe, we accept his resignation and are preparing to turn the page and begin anew in regaining the trust and confidence of our shareholders and the investment community at large. I am looking forward to putting IFINIX Corp and Proactive Futures on solid financial ground and regaining acceptance with the NFA"
About IFinix Corp. (INIX)
IFinix is a diversified information technology services and solutions company with expertise in systems integration, outsourcing,, infrastructure, and server technology. iFinix has established a product line that delivers financial and business information with streaming, real-time market data, news and analytics to professionals and active individual investors. The company's suite of products includes iFinix RealTime, iFinix Trader and eFinix. www.ifinix.com www.proactivefutures.com www.ifinixforex.com www.ifinixsoftware.com
Legal Notice Regarding Forward-Looking Statements:
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of IFinix Corporation
***Thanks for posting this link Woody. Not sure why it was not posted on Marketwire.
Still here. Nothing worth posting about. I see you still hash up old sh*t from days long gone. I'm down 90% and not a week goes by I don't kick myself for not selling all my shares in Jan 2010.
What????? Who are you referring to?
The buck stops with the CEO of iFinix. If the company stops diluting and can manage back-to-back profitable quarters, perhaps interest in INIX will resume. IMO, until we see a significantly profitable (not $134) quarter, the pps will remain low.
Your opinion of Ben, positive or negative, is your right. However, to suggest he should die, as you did in your previous post, (which was deleted), is way out of line.
Damn, the stock markets are getting hammered today!!!
Q2 fins are not due until August 15 so it is certainly possible the company might wait until then to put out information, if any, regarding the uplisting plans.