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CHECK THIS OUT!!! WE SHOULD BE TRADING AT A PENNY ALREADY!!
http://newyork.dbusinessnews.com/shownews.php?newsid=106885&type_news=past
Tomorrow is INXR's day, what her fly $$$$$$$$$$$$$$$$$$$$$$$$$$
February 22, 2007 - 6:27 AM EST PayChest Announces Marketing Plan for March 2007
PayChest Inc. (PINKSHEETS: PYCT) today provided updates regarding the commencement of the company's Marketing Plan for the remaining part of this financial quarter (ending March 2007).
Our public campaign in the US will include advertising and editorials in major business and community magazines and other publications and performance based client generation programs (internet, commissioned reps, telemarketing, ISO's, etc). This will generate awareness, interest, leads, customers, vendors and more revenue generating joint venture opportunities. The first articles are expected to be published in early March and will be an ongoing process. Celebrity, other prominent business endorsements and TV coverage are expected to commence during second and third quarters of 2007.
PayChest is already in an advanced stage of negotiations with a few prominent US-based partners for our E-commerce solution. These partners will be joining PayChest in a revenue sharing program that can lead to the generation of mutually substantial profits, from their sale of goods and services. PayChest is expected to close the first contracts during March and will continue to attract other bigger players on a similar program.
Management has also started attracting offshore manufacturers, distributors and other offshore portals to join PayChest in a global business venture. PayChest will have its first contract signed within the month of March. We have other similar groups on standby and plan on bringing between one or two major players per country in each of the next two quarters. PayChest will be provisioning its technology infrastructure with local partners in each of these countries. This will lay down the foundation for our joint global infrastructure. This coordinated marketing effort will provide faster and easier expansion within each region or country. We are currently negotiating with partners in South East Asia and China, Parts of Africa, India and Latin America.
Our consumer marketing involves focus and special interest groups with a substantial membership base that we have been negotiating with from the past. The world rewards program will be released during March providing savings, incentives and purchasing power for our consumers, with access to products and services globally.
Mr. Pillay, PayChest's CEO stated, "We are leveraging the resources, products and marketing skills of our strategic partners to create rapid growth and mutual profit sharing opportunities for all of the parties involved. This is the most cost effective way to do business and compete on a global scale. This distribution system provides a win-win relationship for consumers, distributors and local manufacturer partners."
Feb 22, 2007 (M2 PRESSWIRE via COMTEX) -- Stocks to Watch: VIASPACE Inc. (OTCBB: VSPC), ESS Technology, Inc. (Nasdaq: ESST), Wi-Fi TV Inc (PinkSheets: WTVI), LTX Corporation (Nasdaq: LTXX), iFinix Corp (PinkSheets: INXR)
Featured Stock: VIASPACE Inc.
(OTCBB: VSPC) Current Price (0 56) www.GrowthStockAlert.net
VIASPACE Reports on Demand for Fuel Cell Cartridges and Strategy for Direct Methanol Fuel Cell Business
PASADENA, CA-February 21, 2007-VIASPACE Inc. (OTCBB: VSPC), a company commercializing proven technologies from NASA and the US Department of Defense, today reported on the emergence of fuel cell technology for portable electronics and the strategy of its Direct Methanol Fuel Cell Corporation subsidiary to capture a significant share of the large projected market for direct methanol fuel cell cartridges.
VIASPACE subsidiary Direct Methanol Fuel Cell Corporation (DMFCC) is engaged in developing, obtaining safety certification, manufacturing and distributing disposable methanol fuel cartridges to provide the energy source for laptop computers, cell phones and other portable electronic devices powered by direct methanol fuel cells. DMFCC expects to profit from the growing market for micro fuel cells for portable electronic devices by providing the global fuel cartridge manufacturing, distribution and sales infrastructure the industry requires. The company also offers patent protection for OEMs and manufacturers of direct methanol and other liquid hydrocarbon fuel cells.
Methanol fuel cells are expected to gain a substantial market share because they offer operating time two to three times longer than current lithium ion batteries, can support the increased energy demands of additional wireless and television features, are environmentally friendly, and may be instantaneously recharged by simply replacing the disposable fuel cartridge. According to analysts at Freedonia Group commercial demand for fuel cell products and services will increase nearly sevenfold to $2.6 billion in 2009. By 2014, those revenues are expected to reach $13.6 billion. The Darnell Group, ABI Research and other analysts predict an estimated 14 to 22% of notebook computers and 2.5% of mobile phones and other devices will be powered by fuel cells in 2012. Using industry projections for the number of computers and mobile phones with an average usage of 2 to 4 cartridges per month leads to a projection of 2 to 6 billion cartridges sold annually. With an estimated retail price of $3 for phone cartridges and $5 for computers, the DMFCC addressable fuel cartridge market has the potential to reach $8 to 24 billion annually.
Many companies including NEC, Toshiba, Hitachi, Fujitsu, Sanyo and others in Japan as well as Samsung and LG in Korea have demonstrated portable electronic devices using direct methanol fuel cells. Hitachi has announced the intention to go into initial production in 2007. Overall, the Asian companies have invested hundreds of millions of dollars and have in-house R&D teams working on direct methanol fuel cells and products using them.
DMFCC is in a unique position to help establish and benefit from the growth of the fuel cell industry. The company has licensed a large intellectual property portfolio including 56 issued and 62 pending patents on direct methanol fuel cell technology from Caltech and the University of Southern California. VIASPACE believes the broad and early patents are directly applicable to many of the direct methanol fuel cells being commercialized today and that the majority of the major direct methanol fuel cell players will need this patent protection. As part of an overall strategy, DMFCC is offering this crucial patent protection to manufacturers of fuel cells and portable electronics in exchange for using cartridges produced and distributed by DMFCC and its partners. DMFCC's goal is to establish a global cartridge infrastructure which is necessary for the success of the fuel cell electronics industry and which can be much more profitable than simple patent licensing.
Also key to DMFCC's strategy for growth are relationships with worldwide cartridge manufacturing partners that are already trusted suppliers to the portable electronics OEMs that produce products powered by fuel cells, and with distribution partners with known brands and existing channels to the retail market. The fuel cell cartridge business requires the following capabilities: cartridge design and safety certification; cartridge manufacturing; branding and marketing; distribution and sales. DMFCC's strategy is to concentrate on its corporate strategic vision and internal strength in cartridge design and certification and build a global network of partners to fill out the team's capabilities.
The company has key cartridge manufacturing partnerships in place. Its cartridge manufacturing partners in Korea -- Elentec, SMC and Hyun Won -- are current and trusted suppliers of lithium ion batteries and other products to Samsung and LG. DMFCC's Japanese cartridge manufacturing partner, Sato Group, currently supplies printer cartridges to Japanese OEMs, and U.S. partner Nypro has global operations which provide plastic components to many companies. These cartridge partners have provided engineers to work with DMFCC to produce cartridge prototypes and to demonstrate their safety certification. The prototype cartridges have been shown to OEMs and at trade shows, and are in testing.
A crucial part of the cartridge infrastructure is distribution and sales, enabling the consumer to buy fuel cartridges for their laptop computer or mobile phone everywhere they concurrently buy disposable AA batteries; such as computer stores, office supply stores, grocery stores, hardware stores and convenience stores. This requires a distribution and sales strategy to the mass-market. DMFCC plans to partner with established companies that already have established retail channels and possibly consumer branding to enhance sales. The company is in discussions with potential distribution partners and VIASPACE has added Mr. Rick Calacci to its Board of Directors to help with the distribution and sales strategy.
A significant development for the direct methanol fuel cell business is the progress toward allowance of methanol fuel cells on airplanes. The Japanese companies and a US team led by the Underwriters Laboratories (UL) with DMFCC as a member joined together under the International Electrotechnical Commission (IEC) to write safety rules for fuel cells and fuel cartridges. The IEC safety specifications state that the fuel cartridge should not be refillable by the consumer because of safety reasons, and disposable cartridges are preferred. Based on these safety regulations, the International Civil Aviation Organization (ICAO), a UN body, decided to approve the use of methanol fuel cells on airplanes. Hydrogen fuel cells were not approved. Local air transportation bodies such as the FAA are now considering the case, and a favorable decision is expected in 2007.
Dr. Carl Kukkonen, CEO of VIASPACE, commented: "DMFCC is helping the micro fuel cell industry solve two critical issues-intellectual property protection and a global fuel cartridge supply infrastructure. With groundbreaking proprietary direct methanol fuel cartridge products, a global manufacturing network, and a comprehensive suite of fundamental fuel cell patents, DMFCC is in position to maximize penetration of this exciting new market."
An expanded background of the fuel cell business and VIASPACE's role in it can be found at www.VIASPACE.com.
About VIASPACE: Originally founded in 1998 with the objective of transforming proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions that solve today's complex problems, VIASPACE benefits from important patent and software licenses from Caltech, which manages NASA's Jet Propulsion Laboratory. For more information, please visit our website at www.VIASPACE.com, or contact for Investor Relations, Dr Jan Vandersande, Director of Communications at 800-517-8050, or IR@VIASPACE.com.
For an in-depth analyst report, please visit: www.GrowthStockAlert.net
ESS Technology, Inc.
(Nasdaq: ESST) Current Price (1.34) www.GrowthStockAlert.net ESS Technology Inc Friday announced the sale of its HD DVD and Blu-ray DVD technologies and related assets to Hsin-chu, Taiwan-based Silicon Integrated Systems Corp. for $13.5 million. ESS Technology, Inc. engages in the design, development, and marketing of analog and digital processor chips and digital amplifiers worldwide. Its digital processor chips are used in digital video and audio devices, including digital versatile discs (DVD), video compact discs (VCD), consumer digital audio players, and digital media players. The company also offers chips for use in modems, other communication devices, and PC audio products; imaging sensors; and processors and system-on-a-chip semiconductor devices, and camera lens modules. Its camera lens modules provide camera capabilities to electronic devices, such as cellular phones and personal digital assistants. The company markets its products through its direct sales force, distributors, and sales representatives to original equipment manufacturers of DVD, VCD, digital camcorders, consumer digital audio players, digital media players, cellular phones, modem, and PC products. The company was founded in 1984 and is headquartered in Fremont, California.
Wi-Fi TV Inc.
(PinkSheets: WTVI) Current Price (0.04) www.GrowthStockAlert.net NEWPORT BEACH, CA----Feb 20, 2007 -- Wi-Fi TV Inc. (Other OTC:WTVI.PK - News) premieres its new Social Internet TV(TM) web site (www.Wi-FiTV.com) on a global level today and offers a dynamic combination of user video, social networking, phone and TV on the Internet. The site is being referred to by the Company as The Next IT Web Site(TM) (www.TheNextITWebSite.com). Wi-Fi TV Inc has long touted the coming convergence of TV and the Internet and was established twelve years ago, and provided the first online movie in December 1995. Wi-Fi TV will be introducing targeted video advertising throughout its web site and Wi-Fi TV Stations when the next generation of the web site launches on Feb. 19. The Wi-Fi TV web site is the only place on the Internet where you can watch hundreds of TV stations and chat with others watching the same program in a live chat box directly under the viewing screen, and get breaking news for each country and category listed, and download a dialer and make free phone calls all on one web site.
LTX Corporation (Nasdaq: LTXX) Current Price (6.31) www.GrowthStockAlert.net NORWOOD, Mass.----LTX Corporation (Nasdaq: LTXX - News), a leading provider of semiconductor test solutions, today announced the purchase of its X-Series Fusion MX test system by GCT Semiconductor, a leading provider of highly integrated semiconductor solutions for wireless communications. LTX Corporation engages in the design, manufacture, and marketing of automatic semiconductor test equipment in the United States. It offers LTX Fusion platform, which combines enVision software with high-end Fusion HFi configuration and capable of testing a range of analog, digital, mixed signal, and SOC devices on a scalable single platform. The company?s products are used in mobile Internet equipment, such as wireless access points and interfaces; broadband access products, including cable modems and DSL modems; personal communication products, such as cell phones and personal digital assistants; consumer products including televisions, videogame systems, digital cameras, and automobile electronics; and for power management in portable and automotive electronics. It also offers hardware and software support and maintenance services. The company?s customers comprise semiconductor designers and manufacturers, integrated device manufacturers, and subcontractors. LTX Corporation was founded in 1976 and is headquartered in Norwood, Massachusetts.
iFinix Corp.
(PinkSheets: INXR) Current Price (0.0019) www.GrowthStockAlert.net JAMAICA, NY----Feb 20, 2007 -- iFinix Corp. (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." 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."
volume now 112 million!!!!
.0019 80 MILLION IN VOLUME THIS IS A MONSTOR STOCK$$$$
jk21 what are you talking about!! I didnt not sell 1 share aned where did u get that number from, I hold much more:))) NON OF YOUR BUISNESS..
As a listed company on the Over-The-Counter Pink Sheets our mission is to provide a financially sound economic model that is responsible to WHA investors, coaches and staff, and the junior hockey players participating on each team. Fan satisfaction is a primary consideration in our decision making process.
iFinix Corp. (Pink Sheets: INXR - http://finance.yahoo.com/q?s=INXR.PK )
iFinix Corp. 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.
Wall Street Capital Funding LLC: APIO is on the Move! February 21, 2007
Weston, FLA., Feb 21, 2007 (M2 PRESSWIRE via COMTEX) -- Wall Street News Alert's "stocks to watch" this morning are: API Nanotronics (OTCBB: APIO), iFinix Corp. (OTC: INXR), Spectrum Signal Processing Inc. (NASDAQ: SSPI), Milestone Scientific Inc. (OTCBB: MLSS) and Upstream Biosciences (OTCBB: UPBS) API Nanotronics, Corp. (OTCBB: APIO) is another new stock to put on your radar and watch as Wall Street News Alert initiates coverage of the company. Tuesday after the markets closed, the company, a leading supplier of electronic components to the defense and communications sectors, issued a press release announcing that its newest acquisition National Hybrid (NHI) has received over $2 million in new orders.
This is more good news for the company. The new orders totaled $2,077,398 and are highlighted by an order for $931,250 from a large manufacturer of semiconductor processing equipment. NHI makes a custom hybrid that is used in a wide range of the customer's products.
Phillip DeZwirek, Chairman and CEO of API, stated, "National Hybrid is a tremendous acquisition for API and we are very pleased to see the immediate contribution to orders. Going forward, we expect order momentum to continue to accelerate as synergies from the combined businesses are realized. Further, we will soon commence construction of a leading edge MEMS facility at NHI that will help facilitate our advances in nanotechnology."
Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of API Nanotronics! It was just a few weeks ago when the company announced that it had closed the acquisition of National Hybrid and that revenues were expected to increase 100%. Mr DeZwirek stated, "This acquisition significantly strengthens API's product offerings and enhances our research and manufacturing capabilities as we embark on our next phase of growth in Nanotechnology. The acquisition also doubles API's revenue and further solidifies the company as a key supplier of critical electronic components to the US Department of Defense (DoD) and leading defense contractors."
Continue to watch this company! API Nanotronics Corp. through its wholly owned subsidiaries API Electronics Inc., National Hybrid Inc., Filtran Group, TM Systems and Keytronics, is engaged in the manufacture of electronic components and systems for the defense and communications industries. With a growing list of blue chip customers, including Honeywell/Allied Signal, General Dynamics, Lockheed Martin, and numerous other top technology-based firms around the world, API regularly ships off-the-shelf and custom designed products to clients in more than 34 countries. API owns state-of-the-art manufacturing and technology centers in New York, Connecticut and Ontario, Canada and has manufacturing capabilities in China and a distribution center in Britain.
Prior to the latest press release, the stock closed Tuesday at $2.86 a share.
For an in-depth profile of API Nanotronics, visit http://www.thenewssvc.com/APIO022007.html iFinix Corp (OTC: INXR) up 35.7% on 446 million shares traded.
iFinix is a diversified information technology services and solutions company. iFinix Corp. recently released 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."
news people!!!!InvestSource Inc.: iFinix Outlines Strategy for 2007
Feb 21, 2007 (M2 PRESSWIRE via COMTEX) -- Stocks in the News: iFinix Corp. (OTC: INXR), Wal-Mart Stores Inc. (NYSE: WMT), The Home Depot Inc. (NYSE: HD), JetBlue Airways Corp. (NASDAQ: JBLU)
For Corporate or Company information in regards to InvestSource, Inc., please visit: www.investsourceinc.com or contact us at: info@investsourceinc.com
To hear "The Fastest 60 Seconds in the Small-Cap Market," please go to www.ceo-corner.com
On Tuesday, iFinix Corp. (OTC: INXR) released 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 summary will prepare our clients for their future with iFinix and address shareholder concerns at this opportune turning point in our corporate history.
wtvi at this level went from .0024 to .08 in three days now trading around .045! anything possible with the stock reaching higher than .003
I guess oustanding shares are more than we think...
up up and away!!!
500 million in volume plus close .0034!!
.0034 to close!!!!
Guys this is huge .0023 340 million 500 million in volume coming, we will pop towards close!!
.0035 by close I smell it :)))
We could see INXR hit over 1 cents sooner than you all think
OVER 300 MILLION LOOKING FOR 500 MILLION ON VOLUME!!
WOULDNT BE SUPRISED IT WE SEE .015 CENTS BY THURSDAY!!
224 million in volume going over 500 today!!!!
get ready for mms to let this bay gooooooooooooooo!
We will be trading on otcbb between .20-$1.00...
Hope this helps u guys,In reference to outstanding shares. As of September 30, 2006
Authorized common shares- 3,000,000,000
Outstanding common shares- 1,458,000,000
500,000,000 Million shares owned by company
The float is 958,000,000 I would think it's a bit higher since September, but that looks awesome to me!
InvestSource Inc.: iFinix Announces Near Completion of eFinix for Retail Investors, Shares Surge
Feb 12, 2007 (M2 PRESSWIRE via COMTEX) -- Stocks in the News: iFinix Corp. (OTC: INXR), Lear Corp. (NYSE: LEA), American Real Estate Partners LP (NYSE: ACP), Alcatel-Lucent SA (NYSE: ALU), MasterCard Inc. (NYSE: MA)
For Corporate or Company information in regards to InvestSource, Inc., please visit: www.investsourceinc.com or contact us at: info@investsourceinc.com
To hear "The Fastest 60 Seconds in the Small-Cap Market," please go to www.ceo-corner.com
Shares of iFinix Corp. (OTC: INXR) surged 12.5% last Friday, with nearly 109 million shares traded. iFinix announced on Friday that the development of the eFinix system is nearing completion and will be available to the public in the near future. The company (in conjunction with their marketing and advertising firm Ed Yeaker Associates) has determined that the forthcoming advertising campaign should channel all of its resources to launch the eFinix system into the homes and offices of the individual investor. This decision was based on the company's belief that, by drawing from its proprietary technology currently found in Phoenix Pro, the eFinix system will be superior to any other system available in the same price range. eFinix, a web-enabled tool, will maintain many of the robust features of Phoenix Pro, and provide complete market information, charting, technical analysis and level II market quotes to the investor at lower prices than the competition.
Auto parts supplier Lear Corp. (NYSE: LEA) said Friday that it agreed to a buyout offer by a group affiliated with billionaire investor activist Carl Icahn for about $2.8 billion, but left the door open for a better offer. At least one major shareholder said he would try to get others who own stock to oppose the deal. Under the agreement, Icahn-controlled American Real Estate Partners LP (NYSE: ACP) is paying $36 a share, and a Lear spokesman said that amounts to about $2.8 billion. It also includes the assumption of about $2.5 billion in debt.
Alcatel-Lucent SA (NYSE: ALU) said on Friday that it plans to cut another 3,500 jobs after it swung to a loss in the fourth quarter, the first earnings report from the recently combined telecom equipment maker. The Paris-based company cited tougher-than-expected market conditions, particularly in North America, and uncertainty among customers in the wake of the combination of the French and U.S. equipment makers.
MasterCard Inc. (NYSE: MA) said Friday that its fourth-quarter profit topped Wall Street expectations as consumer spending spiked, but the credit-card company warned margin growth may slow this year. The stock tumbled nearly 10 percent after hitting an all-time high in early trading. The Purchase-based company, which went public in May 2006, posted quarterly profit of $41 million, or 30 cents per share, compared with a loss of $53 million, or 39 cents per share, a year earlier. Excluding the impact of litigation settlements, MasterCard reported a profit of $41 million, or 31 cents per share, in the latest period. Revenue rose 17.2 percent to $839 million from $716 million a year ago.
Fridays Close: Wall Street retreated sharply Friday as investors glumly absorbed a spike in oil prices and comments from two Federal Reserve officials that unexpected economic growth could prompt an interest rate hike. Stocks had spent most of the session in positive territory after Thursday's pullback made for fertile ground for bargain hunters. The market also got a lift from analyst upgrades of the automobile sector, which sent Ford Motor Co. and General Motors Corp. higher.
ABOUT INVESTSOURCE, INC.:
This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or a solicitation to buy or sell securities. InvestSource, Inc. has prepared all material herein based upon information believed to be reliable. The information contained herein is not guaranteed by InvestSource, Inc. to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this release have not given an opinion or approved the statements made in this release.
InvestSource, Inc. is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. InvestSource, Inc. affiliates, officers, directors and employees may also have bought, or may buy the shares discussed in this opinion and may profit in the event of a rise in value. InvestSource, Inc. will not advise as to when it decides to sell and does not, and will not, offer any opinion as to when others should buy or sell; each investor must make that decision based on his or her judgment of the market. Please consult your broker before purchasing or selling any securities mentioned herein. InvestSource, Inc. has been compensated $7,000.00 from INXR for services rendered. To view full disclaimers, please go to http://investsourceinc.com/php/disclaimer.php (disclaimers).
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web Inquiries to info@m2.com.
NAKED STOCK UPDATE ON INXR!!! Ifinix Corporation (INXR.PK), current price .0011 has the potential to become the most profitable sub penny play of 2007!!!
Naked Stock Staff first alerted INXR at the .0005 price as the SUB PENNY PLAY OF THE YEAR. Since our pick the stock has traded with record volume days and reached a high of .0015 for 200% from our initial call. We want to congratulate those who made some nice profits on the initial run, but want to remind you of the many things Ifinix Corporation (INXR.PK) accomplished last year:
Obtained interim financing to stabilize operations and streamlined expenses, and at the same time maintaining a moderate level of dilution.
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.
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
In addition to the amazing 2006 INXR has some huge events coming for 2007:
Securing sales agreements with brokerage companies;
Securing joint venture agreements with broker dealers;
Listing the company on OTCBB and with Standard & Poor's;
Creating a brand name for iFinix in the financial industry;
Consummate acquisitions of target companies with whom we are currently negotiating.
INXR stock has been tightening up and is getting ready to make the next big move up. Please add this stock to your watch list because you don't want to miss the SUB PENNY PLAY OF THE YEAR!!!