Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I thought I had read that they were using the money from the warrants for commercials that were supposed to be on several cable channels, what happened to that?
Did we ever hear about this?
0312871 IFINIX FUTURES INC • FINE $17500 11/02/2009
Seems Pro Active has been naughty prior, during and poss after iFinix' purchase....
$17,500 fine, that over 10 percent of the cash the company brought in thru the issuance of common stock(95,523,143) and preferred shares(116,667) in 2009 for $170,009
Lets hope all these issues have been resolved and the proper corrections were made with in the company.
Full case here:
http://www.nfa.futures.org/basicnet/Case.aspx?entityid=0312871&case=09BCC00017&contrib=NFA
Some have posted that they support the lockdown and then turn around and state "if you do sell, sell above the ask". They are missing the point. To make a lockdown work, you can't sell. The whole key is to buy and lockup the float thus forcing MMs to raise the price. There is plenty of info about how a lockdown can work. It absolutely requires a unified effort and peeps must hold strong during the shakeouts.
XQ is correct, the only way to beat these guys is just don't sell into their bull/bear shakes.
If people do not sell and hold stock for a higher valuation then the market makers will determine after a period of time to take the stock back up and try to encourage more selling. The market is based on supply and demand. If the demand outweighs the supply then the market makers try to create an atmosphere for the seller. If there are no sellers then they take the stock to a point where people will sell. And that is where it gets exciting
Couple of questions:
Dont take this the wrong way, I know Im considered a basher but ...
A short squeeze on the MM's.
I know I cannot borrow any shares of inix to sell and buy back cheaper but the MM's can? iFinix has no MM now correct? Does the financial banker count as still having a MM?
Do we know how many shares the MM's have to play with vs the amount long investors are holding?
Is locking up the float a good thing? If the float is locked and new interests want in but not at the ask, could this drive new interests away? If the MM's know the lock is on cant they just plainly shut the volume down to basically nothing?
Isnt the idea to get new investors involved?
If new investors are not valuing the company as the longs do PPS wise what keeps the interest? Is it plays like the past week that dont hold?
Is there any idea of the number of individual investors "not" active on the boards? Right now it seems but a small hand full of "longs" post about their holdings. The company has disclosed
"private investors" involved in the Beckman deal. Any numbers?
Is there any reason for the recent increase in PPS? I know when a co uses stock as cash they kinda need/try to be within a certain price range or atleast touch a certain price every now and then.
Is there any speculative time on when the first warrants become available for trading? I am weary that profits will be taken by those that may not be transparent on the boards. We need to be prepared for that, no? (I hold no warrants, I'm a later investor and have only accumulated since Oct-09)
If and when iFinix becomes cash flow positive, what do the "long term holders" want to see the company do with the cash?
(this is prob. the most important question)
My God, someone please help xxxxxxxx.
Read the posts. Go buy the companies that are 1 billion in debt and cannot possibly pay it back. 10 million in cash. Yea, thats a smart buy. xxxxxxxxxxxxxxxxxxx
Not too sure what market you may trade on but the one I trade on has either proven me accurate or it is as much a fantasy as the one where you try to compare NYE stocks with Pinksheets.
Inix is just starting, money will be coming here. People will pour money into this company given the competitions tough road to climb out of years of debt. Its not hard to figure that out.
What competition are you typing about? We have seen you post many different examples, none comparable to the company we have invested in. Childish propaganda is what I smell. If this is what we have left to look forward to for a "pump" than any profit should be taken ASAP. IMO.
Also, trade the pump, is this xxxxxxxxxxxx
Look at the charts, thats about one of the best steady climbs I have ever seen. Mod, can you remove this guy, he's just plain useless.....
I just got back and you want me removed? Please..........:)
Where I have "proven" my sentiment towards the PPS for this company, your posts have yet to prove any value except poss. harm to future investors. Instead of comparing INIX to other proven winners or losers,(from any inter-planetary market) why not start posting some possible future revenues should certain milestones be accomplished??????
Its not hard looking below at the chart indicating we cross 5 to 6 next few weeks or sooner.
I have removed the chart link on the basis it is not accurate.
(1 yr advfn chart: inix) None of the "pinkie" charts are..... Dec 1st the company shot up to 5 cents for a second. Why the FINRA news had such a profound effect on the pps I'll never know. I think it was kinda like an apprentice sniper triggering via a sneeze, cough or a gasious expultion out the back door.
Cmon kids, either the "pump" gets better or the "accused" so called "bashing" does... I have left myself some breathing room, have you? 6 + million "preferreds" at 60 to 1....
2 new hires, any salaries quoted? Hey, maybe one day they will forgive a paycheck too? AHAHAHAHAHAHAHAHAHA..........
" naah dats alright Ben, just give us 500K preferreds with liquidation preferences...a piece "...... :)-<
DO YOUR HOMEWORK!!!!!
#117777
It makes no difference what the numbers are, Inix is going to be very stong over next year or two. VERY STRONG.
The market does not trade off balance sheets. I told you this the other day, its demand for the people or the company.
Example, GTN and 5,000 similar companies 1 billion in debt and 10 million in cash. They will not be able to pay back that debt in our lifetime. Why are people buying that stock and why has it gone from .40 cents to almost 5 dollars the other day, ITS NOT THE FINANCIALS PEOPLE.
GTN:
Exchange: NYE
Shares out: 42.9 million
Shares auth: 100,000,000
Revs 09: 270.4 million
Broadcast license value: 819 million
Total assets: 1.25 billion
Total liabilities: 1.06 billion
@219 k shares traded Fri - not too many are buying.
That entire industry sank and is now rebounding.
Why did INIX go from 0004 to .05(Dec 1st) back to .09 couple weeks ago??
GTN lost more in cash than we can expect iFinix to record in prob. 5 yrs
I dont know why your not getting this. Inix will continue up for one reason, they are excelling the competitors in speed and demand. This will only get better as they do not have to work out of a hole like most of its competitorrs. New way of doing business now.
With posts such as the italicized one above, some new investors could get hurt should they ignore looking at this or any other companies reports and just go off this or other boards.
Do your homework or trade the pump, it's that simple!
Dru Died of a heart attack.
He was the man who started the company and chairman not CEO That was Doug Spadaro Who Step aside to let Ben take over as CEO Doug is now chairman. DD should have told you that.
What is suppose to happen in May?
Only 5 more trading days till-
MAY.......
What gives?
Maybe a zero and decimal point were inverted then mirrored?
1.00 becomes 0.01
HMMMMMMMMMMMMMM
Looks like the commercial news isnt hitting any home runs either?
We wont even see any results from the commercial till Q2..
I bet we will see advertising costs for it in Q1..
Just have to keep checking the site stats and see what happens.
Question: anyone know what took the old CEO out? Was he sick?
Another question: with "Trader", will the investor be depositing money in iFinix or will it just route trades to and from the individuals brokerage firm?
Im bored, someone tell the boss to get the report out already.
Short of any more/deferred "forgiving" lenders, who wants to take bets that "Op costs are more than Revenue" ?
Did the company hire any of those new "acct. managers" yet?
Only 5 more trading days till-
MAY.......
What gives?
Maybe a zero and decimal point were inverted then mirrored?
1.00 becomes 0.01
HMMMMMMMMMMMMMM
Looks like the commercial news isnt hitting any home runs either?
We wont even see any results from the commercial till Q2..
I bet we will see advertising costs for it in Q1..
Just have to keep checking the site stats and see what happens.
Question: anyone know what took the old CEO out? Was he sick?
Another question: with "Trader", will the investor be depositing money in iFinix or will it just route trades to and from the individuals brokerage firm?
Im bored, someone tell the boss to get the report out already.
Short of any more/deferred "forgiving" lenders, who wants to take bets that "Op costs are more than Revenue" ?
Did the company hire any of those new "acct. managers" yet?
Hmmmm,
very buggy, and seemed to be some tweaked version of a white label platform.
HUH?
I agree, acid. This commercial is very slick and market savy. I'm in the media business and they have gotten 'help' making this and took advise judiciously. Very nice. Remember, this first effort is only to get the name, Ifinix, known. I'll bet the way they pronounced the company name came as a shock to some people? It did me. It's pronounced IPHEENIX. Nice. See? Learn something everyday. And this is important...the name of our company. Get it out there and be very generic, VERY. They've done that and they've done a good job. THANK YOU, BEN.
Woody.
FYI-Your combined cost is a little off
Well, you were the first one to nail me on that, congrats.
Aug 7th. to Sept 11th 1 additional B share, I guess the 003 was a bit much/not too many bites??
Now, there are 2 ways to look at what you did earlier.
1)reality/accuracy,(my Full Respect2U) 2) demean the value of the PPS. (and I thought the .0038 would have me hanged)
The company "rewarded" loyal shareholdres aka' "we need cash quick/now" and diluted the company, yet it was hopefully to long term "holders" of the co.
On Aug 6th-09 the O/S was 94+/- mil, Jan 21st-10 190.5 mil.
Whats the hold time 1 yr.?
What happens if the PPS isnt where some thought it would be by then, Im pretty willing to bet there will be selling to, at the least, recoup initial investment. I would do it in a heartbeat. What happens if the PPS is a bit closer to what everyone hoped? Selling again? Ahhhh... the sellers will need buyers. Will the buyers be there?
Now, did the .0013 and .0019 "reward" infuse enough cash to maintain the "next step" in the company?
Right now we are at 223 mm shares out "common" with 6.3 +/- mm preferreds out(convertible 60 to 1) Float... hmmmmm
Either way, good for you if you own the amount of shares you used as an example. I think/hope it will pay off one day yet am weary to say when. Good Luck!
Next subject...
Youtube.....
Not too shabby but a bit generic I thought. Looks like the same old things we are used to seeing fill in between commercials...
Well, big money commercials. I think the flashing "14 day free trial" makes it a 4 am spot. But thats just me, Im game on all the propaganda trix used over the years and have my own opinions. It works on more people than I'd like to admit to, having watched the same things everyone else does. But then I believe in the Constitution, what do I know?
Someone asked if people watch trading type vids on Youtube, while they arent the highest hits, trading vids are used and watched thru the site. Some on there actually make darn good vids. Full of info and techniques.
Mp1973................. We arent touching esignal... Atleast not in my lifetime. Lets stick with getting a bunch hardcore penny players buying the program with more lazy investors wanting to buy managed accounts. (I still fear the worst is yet to come in the markets/economy)
Q: Anyone know where the company came up with the iFinix logo design? Im not too sure I like it. It doesnt say "American Made" to me. If ever we needed that, it is NOW! Maybe a bird on fire with an American flag in one claw and it's birth Cert. in the other.... Too Far? hahhaha ya get the hint. Cmon now, We own this company, they do what we want! (unless you like it?)
* side note: If people are going to continously give L-2's for free on here, what is going to be the driving force pushing readers to purchase "OUR" products????? HELLOOOOOOO...
PS, XQ - what was that formula you posted for someone to "value" the company again??????
:)
".014 is a good price for INIX."
Kinda looks like not too many people are thinking the same.
Lets see, the warrants combined cost .0038, take the fact the product is out and the business side can proceed after 82% of Beckman was obtained Proactive seems to be hanging in there-
.007-008 IMO... Need to see some green in the bank vs on paper.
Lets see what that Q1 says...
WHat's the difference between blind
faith and logical speculation based on what is known?
Blind faith is something you believe even though there is no basis for that faith.
Blind faith has no text book reason for utilization in the equity markets....... New Topic!!!!!..... sure......OK, we'll play..
Logical speculation is looking at what has been accomplished, what is yet to be accomplished and whether the track record suggests that the goals will be accomplished. In addition one needs to look at the potential market of what has yet to be accomplished. This is what the Stock Market is all about. It's looking at companies in their infancy and deciding whether the company you are looking at has the potential to achieve success and to therefore greatly increase shareholder value.
Yet, why fail to logically speculate the future economy? HMMM
While we are at it, there is a failure to "logically" speculate the past and future track record of companies with more experience than the subject company. Lets call that
"Market Share". "Market Share " is something we havent invested in with this company except for the "blind speculation there of"
We all know the great success stories out there, no need to bring them up again. Will INIX one day be another huge success story? No one can state for certain at this point. However, we can speculate. They are looking to be more than a one trick pony. They have had some success, as witnessed by today's PR and how Ifinix Futures and Island/Ifinix Forex has progressed. They also now have Realtime on the market with Trader, efinix and Ifinix Capital yet to come.
So far the speculated (blind or logical) .10 to 1.00 isnt even in the running, So....?.......? Umm.... HUH?
None of this will come to pass overnight but given time, the real question comes down to whether one believes that the possibility of success is greater than the possibility of failure.
How about the possibility for continuation of business there for giving a viable relaxing retirement for those employed by the shareholders...AKA, The big boys (as deserving) retire in 4 yrs and the long investor/s continue to post about what could have/ should have been... Oh wait, there is the "sometimes insider / sometimes investor" to follow speculating blindly as well "faithfully" while their speculated faith is swept up in the vacuum of sleeping monies.. but hey, old Warren the buff didnt do it over night either.. Of course, he is the type that will find a 1cent piece and sell you on the copper being worth 3....
Good luck.
At this point one can either come up with every reason available to talk themselves out of this investment or actually look at the Pro's and Con's, and weigh them.
IMO, the Pro's outweigh the Con's. The risk is still there, more so than on big board stocks but the "potential" for reward is also there and it's greater than on most big board stocks
So now we are going to compare this company to "big board" stocks? I guess that means certain investors should "kick" it up a notch? I'm game......... RU :)
Similar comments can be found
on almost all iHub boards. In pinkieland, we've all seen runs of more 1000% in a week. There were many posters in INIX believing the pps could run to/past a dollar. Its called enthusiasm.
Disclosure: *(This is going to be a bit long but Ive only 2 posts a day-all I need. Here are my replies/questions to 3 individual posts on todays board.)*
Thank you for the answer. A bit generic but..............
I made that comment last August for cryin out loud. Looking at it today, yes, it was crazy. However, anything is possible in the future if the company executes well and begins earning substantial revenue. I was not the only member to have such enthusiasm however until recently the pps had increased 1000% since then. Given similar performance this year, the pps could go to .20 or higher.
Everyone says or types things out of excitement, dont fret it.... One thing I would like to know is where you get the .20 at? I'm not knocking it just looking for some numbers to crunch or poss. future knowledge crystal ball stuff..?
-----------------------------------------------------------
Here's what I said back on March 2nd:
investorshub.advfn.com/boards/read_msg.aspx?message_id=47271667
Follow the link to eSignal (NYSE:IDC) today and you'll find they're trading @ $33.70!!
That's why some here care to try and hold on to a modicum of enthusiam about the possibilities this company possesses? I think to get an honest comparison on the value of the company's stock value is to look no further than eSignal, whose mother company is Interactive Data Corporation (NYSE:IDC). Last price, $30.75!
So, you are comparing INIX with a company that brings in 757m while keeping 141m as well pays a nice dividend?
The active trader service alone brought in 83m.
Id stick to trying to take market share away from companies like Quote Media first, then shoot for the big doggies.
(holey mackeral)
----------------------------------------------------------
we were at .5 a couple months ago, their was a delay but it launched. Saying we will be at a buck is not abnormal. 5 in a year, yes, a buck, easily can be reached.
We shall see Dec. 31 2010, I bet we are close if not above.
Any numbers or crystal ball info you are willing to provide....
"Close to 1.00 or above E.O.Y."
Only way that is happening is- 1) a buyout and way over priced @ 1.00, 2) a poss. world record for increase in revenue Y.O.Y. for a micro cap, or 3) each Q the company has enough green left over through incredible revenue to start buying back shares 4) a pump from the gods.... IMO.. :)-<
Well, anyone who has ever traded penny stocks always set a goal at a dollar. I dont know why, 99cents or 1.02 is also great sounding, but its some kind of barrier in a traders mind.
The fact of the matter is not many pinks ever make it out.
But, Inix is a rare breed. The circumstances are perfect here. We have a new management that has basically done everything possible to turn this company into a heavy hitter. They have reduced shares, rewarded faithful investors with basically free offering, put out reports on time, followed thru on products, increased revs, decreased losses,
WHOA................ I beg to differ, dont think you can really say that just yet. In 08 the company only had 2 Q's of rev from proactive so this is the 1st full year of rev on the commission end. the company did reduce legal and consulting fees from 08 but remember, with growth comes costs. Im weary of when the co. can become CFBE with out wiping more debt off the books for free. Just remember, as of the 3rd Q the company was millions in debt(liable for payment) what % of the debt do the shareholders have to burden themselves with thru shares used as cash?...
have a shareholders meeting(Vegas) and conference call(unheard of here), and on and on and on.
I have discussed our company with the staff of many other competitors.
Staff is ok but let us know when you talk to the CFO's from some of the competition..
They have explained that once it(business model) gets started, the numbers will flood in, its up to them whether they can turn profits. The business is there.
You see, its the perfect timing for their launch, one for the reasons above and the other is the market is finally gaining trust again. Their are so many traders on the sidelines and potential new traders that will be coming in this year and next,
Sidelines till the healthcare bill tax is imposed........
all Inix has to do is maximize their market share. It could be huge. So, here is the deal. A dollar is nothing if they continue this route. When they cross that line or over, they are thinking Nasdaq or Amex and then NYSE year or two later. Im not thinking of a dollar, im for much more and can wait it out. If a man or woman can wait 2 years, you could very well have yourself an early retirement if you invest enough.
SO to sum it up you are saying that in 2 yrs the company could have a fair market value per common share (1.0 pcs) of over 667 million(w/preferred) / (223m "today" w/out preferred)
or lets say an EPS of .50+ with a PE of 2.0+, Maybe an EPS of .01 and a PE of 99. ?
How does anyone accurately value the company as of yet?
If we use the previous estimates the company gave to 2011 at todays dilution we get fair market value per common share of .03 lets give a pe ratio of 5.0 leaves us at .15
I guess what it comes down to is how much investors are willing to stake on the future revs of this company.
In all reality we cant do that yet. Should the PPS rise what do you think will happen to the common shares used as cash? are they on the market already? the float should be higher, no? Faith and New = Hope and Change
Not sure where all that is heading but Good Luck !
"Many of us on this board thought,
hoped, dreamed, etc. that INIX would be at a $1 this year and that's obviously not going to happen now."
All board bs aside, what exactly would make anyone believe the PPS could/would reach 1.00? in 2010
Im very interested to see if maybe I am maybe missing something
or did some bad math, anything..... Help me to understand.
Since Jan when I first posted my opinions on the company and continued on this board, I believed I was up against what looked like a poor attempted pump. Now only to find out it was a whole heartedly belief belief.
enlighten me a bit if you can on the 1.00 thing and maybe also why now it is now not obtainable. (All most anything is obtainable with the right plan and some cash :)
Im wondering,
where have all the magic boxes gone?
*to whom it may concern, "magic box/s" is a charting term previously used on the inix board.
Maybe it is behind the head and shoulders and could make way after a good triangular resolution? But we have had that before too.......
*to whom it may concern "head and shoulders" is also a charting term previuosly used on the inix board
Dont think triangular resolution has been mentioned yet though... lower highs, higher lows...entry point... very on topic...
Maybe not for this individual stock at the moment- but soon, maybe... hmmm..
haha
Today will be a good one I think.
Go Team!
In 2 years the company...
has made $570,000 in revenue.
Any first quarter guesses for 2010??????
How about operational losses?
HMMMMMMMMMMMMMMMM
Talk about a lack-
Of Interest......
One would have figured with the last 10Q people would have been flocking in to (inix)..... what with the decreasing losses and boatload of money brought in... Oh wait, there wasnt a boat load of money made, And to think of it the operating losses were double what the company estimated to an outside firm last year. Hmmmmmm
How can we get some new interest in the company? Lets see, there is the internet... we're already doing that. Theres TV, soon maybe huh? Theres word of mouth, naw free speech is restricted these days. Hey, maybe radio??? cant really see the product though. Maybe the company could do like another subscription based service and sponsor a Race Car.... Ewwwwwwwwww, that would be fun but... useless and a waste of money it doesnt have. I know, an airplane flying along the beach with a banner behind it, nah... cant click them kind of banner ads.. Guess we will just have to wait till the company brings in enough revenue to have a fair market value more than notta (short of company assets of course)
We can alway keep that paint can close.
Go Team!
these poor...
report numbers get left alone #117221. These type of posts are all that will be needed.
Pretty sure the company will "XQ" the first Q 2010 also....
:)
1st Q results?
Any guesses?
"operating revenue"
Backround info....
Q4 09:
commissions: 92,181
Management:32,307
rental:8,850*
*let someone know that the "Q3 full year 09" report for "rental" should read differently. But hey, they got all the important numbers right.....:)
For Q4 09
operating costs increased 44% vs 3rd Q 09
with S,G&A increasing almost 57% vs 3rd Q 09
Full year company reported 33. in subscriptions rev.
Give 7K +/- 3K op. rev. over 1st Q 2009
thats giving around 3% over Q4
with 250 +/-100, 1 month sub rev. for real time w/L2 for Q1 2010
Generous or demeaning? Hmmmmmmmmmmm?
I think generous....or maybe not?????
Things that make ya go Hmmmmmmmmmmm.....
If a company wanted to
Buy iFinix, what would be a good price?
Say what?
when Trader is Released I wouldnt want to Be caught on the Outside of this Puppy, Its REALLY gonna run!!
Considering the company has no real tangible assets, what other matrix can one go by? Money in vs money out after debts are maintained and/or satisfied. The debt is via shares in the company, do you forsee any "xtra" cash being exchanged to reclaim company shares and reduce "shares out" in the future?
I dont want to hear about the penny/low float/a-typical pinkie spew unless you or someone else has a good idea the future revenue stream will be high enough to give a fair market value above 5 cents in 3 yrs.
1. Technical Analysis: Reverse head & shoulders forming in a big way: IMO sidways a (little) bit longer, if it is its up-up-up!
OK, thats cool but I find it hard to trust too much tech chart on pennies. There is the pump factor and a lot of non disclosed info to consider etc... vs tech charting on a full public company where you can attach full disclosed (cough) news and filings to an analysis. Are you sure this isnt a 3 headed monster? One thing we can securely use is that this company isnt the only one in this type of business. We can look at the competitors and guage through - financials, the economy and comparison of products to make any future investment decisions.
2. Fundamentally: Pink sheet stock-company has come through
with all they promised. Revenues coming in and will only get better as time goes on.
Ahhh but also the costs...This product isnt a one time download. They still have to pay fees/commissions and data service providers etc...
Revenues and how they use them is key-so far so good-few pinks can claim this. How have they been using the revenues? 1 question I have is. With this debt they have been relieved of, were there any cash reserves on hand / escrow for this debt that can be thrown to the kitty? The way the co. reported makes it look like there was cash set aside and they used it to offset losses. GAAP may allow this..?
Ive seen NASDAQ companies deliver on promises and still go flat... (especially on subscription based services)
Hope you stay around for the next year to see this exciting growth, whilst in the mist of post-recession. Right there Im wondering "huh"? Post Recession? Im not so sure that the worst has hit yet. But then maybe that is good for this company. Maybe just maybe - the pennies will be the next big trend?
And speaking of that its also amazing that Ben and co. can pull this whole thing off in the midst of all the hard times-simply amazing-only in America!
1.5) This isnt a high investment product nor company so using stock as cash isnt suprising "wala" the pull off.
(ex:all stock purchases of proactive/beckman)
a)They had to rehab the old product = increased
research/programming changes/time.
b) Complete the purchase of other companies 1 being the
holding company of island forex.. (I do believe they wanted
100% vs 82%.)
c)Not pulled off all the way yet... lets hope that new revs
can hold over the costs of transition for the new divisions
and more dilution isnt needed. (via warrants/authorized
share increase)
2.5) We havent seen any "new rev" from this pull off yet. Im hoping they had some previous commercial users sitting on the sidelines that will commit 100% when available. Right now it's
"realtime" next is "TRADER"
3.5) Is this product really "that much" better than others on the current market, or just cheaper? We will know maybe with the commercial accounts. The retail accounts are subject to monthly churn whereas Im thinking the commercial accounts may be contracted -at the least - quarterly to yearly.?
Right now, if one is looking for iFinix to become a full service broker vs a cheaper reliable data provider, than 1.00 by May probably looks obtainable also.. ("Oh no he di'int")
Good luck to you and yours.. :)-<
Hopefully the long mentality will begin to show it's face and we'll start to see the pps begin to get back where it should be.
how about i just mail you my wallet?
that would cut out the service charges and the broker fee's.. and we all can go weeeeeeeeeeeeeee
EOW it will be be at .01 again and everyone will be saying what a deal those prices are.
Not going to .01, it's going up.
Very thinly traded stock we have here and it moves in both directions with ease.
All we need is those who took a profit to buy back in and up it will go again.
One needs to remember,
The company reported no earnings from commissions the 1st 2 quarters of 2008.. So, it should be pretty obvious the company would show an improvement for 09.
Now, I just do not understand...
How this remains a point of interest for posting...
iFinix Corp. reported revenues of $446,499 and a loss of $7,043 for the year which ended December 31st, 2009. These revenues were derived primarily from its wholly owned subsidiary iFinix/Proactive Futures. This represents a revenue increase of $323,031 and a reduction in losses of 90% or $1,264,574 for the same period last year.
I read through this report and it is very, very encouraging. I did not see any "gimmicks" that lead to the minimal $7,000 loss. They settled outstanding debt of $578,922 which was significant and REAL savings. I was not able to identify any skeletons that may inhibit the pending growth.
INIX is being managed tightly. This is as opposed to some pink sheet companies that are in "raise more capital" mode and keep a full staff with everything being bet on the future. Instead, INIX has nine employees. This is a company that is genuinely in its infancy. The loss per share, when rounded, was zero compared with minus $0.05 per share a year ago.
This type of news should run
the pps to at least to .02 by end of day...
Whats going on here?
Theres the boatload I
mentioned they would need yesterday...
Good job Ben
Sure do wish I could IM him..
It is not due yet. I believe year-end reports are due the 15th of the fourth month after year-end. Also, I believe that they are a pink sheet company because they do not report AUDITED financial statements. Instead they report compiled financial statements to Pink Sheets.com
Im wondering, can the rest of the board,
have Benhopes "windows live" contact also?
What do you know that you arent disclosing to
the rest of the board?
Yes but,
I was under the idea that we were looking for brand awareness.
Many of these quoting software companies lease their product under different companies but I did not know iFinx was looking to do that. The question is, will the software be leased at a discount or fairly even to the retail/pro pricing ?
The other day I mentioned a company that leases their quote, charting and level 2 info to OTCBB . com. It is not unheard of.
The site also links to the software company for level 2 subs.
The leasing company is an bb stock with less shares outstanding and currently trading for 10.5 cents. Their retail product is a bit pricier than iFinixs' but it offers wireless access in the package. If this brings in mountains of revenue thats great. Id rather see the professional software product grow faster than the retail.
Is the re-branding under the retail and pro. product lines?
Is it possible that iFinixs' product is currently cheap enough that the company can charge full or even increased product prices for re-branding?
"If" there is a discount connected to White Labeling couldnt the company also offer a discount on the retail product, say 25% off for 6 months if one purchases a 1 year contract? maybe they have a plan like that but I am unaware of it at this time.
Volume = revenue and Id like to know if the amount of volume that may be produced thru "white labeling" is at equal or reduced prices. Im sure the plan is vaible else the company wouldnt do it, right?
No, my reason is because these stocks go up and down. .01 is a lot down from its trading range previously. So common sense is to buy it when it is too low, and watch it try to get to where it was before.
Remember, this is no P&D 14B share hollow shell with a story. It's a real company that will eventually post good earnings. Share price is supported by the prospects of success, not a story being told.
I agree, sp has disappointed, but, one mans pain, is another's gain.
Time to buy, only .011, soon to be more!
Yesterday you could have bought cheaper.
What are you going to say next week when it's 50% higher?
hint (woulda, coulda, shoulda)
Too late up 30%
So,
what is going on here?
The negative posts concerning INIX have been minimalized and the PPS is going no where. Is it too soon to think that subscribers and investors from the "wholesale distribution" company iFinix has made a deal with should be at the least showing some interest?
Mind everyone that the company is an active trader site based on pennies/otc
I was looking for interest within that company the other day and read nothing to get excited about.. It seems that IHUB is the only "interest generating" forum the company can account any numbers to. This is not good. It says that no matter how "real" the company is, it is nothing but a "pink sheet"and may remain that way for quite a while.
Lets see what happens when the "already priced in" full quarter report is announced. I hope they use someone that can really write a quarterly report this time because the last 2 seemed to have some differences from what was public knowledge.
(mainly share numbers and there may have been a reason for what I read as a discrepancy)
"Dont start shaking the can till 2 pm"
no sense in wasting paint.