Check out my Board Diversified's Pennie$!!!
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I shot out an email to the DTCC contact. I will follow up with a phone call on monday to see if they are able to supply us with any updated information at all. I will keep everyone posted as I hear.
Go INIX
See attached post 124922 by X-
I believe the DTCC issue was not INIX's fault. If you read X's article from a couple months back it states how the DTCC started making it tough on OTCC, Pink, etc. to either change symbol, reverse split, forward split. Since this issue I have already read a couple other pink companies that are having issues with the DTCC since then. I believe this is a perfect opportunity for the DTCC to make more money from these situations.
That article was just released around the time of this forward split. It's just a little unfortunate they are taking advantage of these companies, but we should be back real soon IMO.
My chart is still looking strong. We should pop into the 8 to 9 range early in the week and I still think we can barrel over the 200 DMA which is sitting at .0012.
7's are looking like a new bottom which is great.
Go INIX
It's tough sometimes to try to talk friends into buying. I usually don't do this, but I am very confident with this Penny stock. Have been for months and months.
Kind of funny my first purchase on INIX was about 3 years ago which I still own at .03. I hope to see these levels again someday. Only thing is reverse split got me and they are not worth much now. At least I have been averaging down ever since. I only do this on pennies that I feel are very worth it.
Go INIX
I have 2 friends that are in. 1 bought last week only a few hundred thousand shares, but he is in law school debt if you know what I mean. haha. The other has couple million, but he got in right after forward split so he is still doing all right.
I might be able to talk couple others to get in.
Go INIX
Great post by the way!!
INIX
Nice buys came through at the end of yesterday!! Mr. Khoo buying already? If so seems last 2 trading days big buys coming last 15 minutes or so. We should knock out MM's and let khoo pop us up a tick each time.
WHY INIX IS UNDERVALUED=
Benhope Munroe commented, "We are fortunate to have a company with the experience of Tesoro Gold as the manager of the Mohave Mine Project. This allows the Management of iFinix to maintain its focus on developing and growing its wholly owned subsidiaries, which are all still intact. iFinix Capital is in the process of recruiting representatives and building its client base. iFinix Futures and Forex is currently increasing market share and is also enjoying an increase in revenues. iFinix Software is in negotiations with a software development company to partner in the development and marketing of iFinix RealTime, and also assist in the continued develop of eFinix which we hope to launch by the end of the year."
DTCC will be big as we have stated before many times over the last few months. IMO there are plenty of investors including myself that will either average down still or buy from this issue. Hopefully our friend B.N. may average down with us also.
I am very pleased with what they are doing and how they are communicating with us at the moment.
The last run we had before thanksgiving the experts said we could have been well over 500% gain instead of 300% due to the DTCC issue.
For right now this is the last step to get this company in the lime light.
Go INIX
I know we won't stay at these low prices for too long. It is still funny how there are some that are working real hard with small sells to keep us down like that. Buying superseded selling like 4 to 1.
Go INIX
That was a terrible close. We almost took out the 8's then almost ended up in the red. OK
Let's just say they are taking HUGE steps to turn this into a profitable company. I'm not saying every step is going to be successful, but if they pull this off, and seems they are doing a lot of the right things. WATCH OUT SHARE PRICE!!!!
Go INIX
This was good to communicate at any time. We could very well see more IMO coming next week!!!
We are sitting so much different that 2 weeks ago it is RIDICULOUS!!! In a good way
Go INIX
Curious to see what happens once we get to BNCH at .0011.
Haven't seen them around.
Go INIX
iFinix Software is in negotiations with a software development company to partner in the development and marketing of iFinix RealTime, and also assist in the continued develop of eFinix which we hope to launch by the end of the year."
NEWS OUT
Does anyone know how we hooked up with transcend? Did we pay them a finder's fee for using their software to fast track this Capital site? Do they get most of the proceeds since we are using them as a back door company? Seems kind of funny they let us use them and now they are expanding their services!!!
Go INIX!!!
Who knows why capital is still down? I see transcend is coming out with forex trading!!!
Could be a good merger just to get their client list!!!
Not sure on how their software is.
Go INIX
CEO Benhope Munroe stated, "The successful completion of this acquisition is projected to allow iFinix a vehicle to obtain operating capital and flexibility to expand the company's subsidiaries. We are pleased to announce this acquisition to our shareholders and re-confirm our original commitment to pursue avenues that enhance shareholder value by meeting and exceeding our stated goals. As noted in our recent conference call, the increase in authorized shares was done for the purpose of mergers and acquisitions. iFinix has no plans to conduct a reverse split."
I have posted couple times now mainly to counter B.N.'s posts about how our dollar is worthless and the economy is going to end, to open an ifinix forex account, bet against the dollar. Make a shi* load of money, then once the economy turns around bet with the dollar and make another shi* load of money. While all this is happening inix is clearing your pip spreads (which are competitive), which will in turn make revenues for the company and your stock.
Go inix and good luck woody!!!!!
Yeah I used it also and liked it. I'm not into forex too much, but I liked the spread and the website was great. I doubled my account but man the swings are enormous.
Go inix
Remember when we have consolidation periods you want to see low volume. That's exactly what we got today. That's the best scenario. Use this as a time to do any accumulation you can. Most of you already said the ask is thin.
Remember no reverse split, more acquisitions to increase book value to give us unlimited possibilities, no dilution. Look at some successful stocks that started here. Most of them gradually gained value while they were accomplishing their business goals. Remember business doesn't happen over night. Especially ones that first have to heal wounds.
Tell you what why don't you grab a piece of paper and write down the pros and cons of this company since Ben has been here. I DID. I came up with more positive. That's what you want from a company. We have had bumps in the road, but the road is starting to smooth out.
Trust me you don't want to see quick thousands of % gains right away. Most of these are scams and soon they go back to where they started.
Real-time definitely put us back a couple steps, but I see a bright future here and will be waiting for more progressive PRS.
One more time low volume consolidation is very very good. And gives us a good time to accumulate for a little time til the next leg hits, because trust me we will have more legs and before you least expect it you may be saying, man I wish I got more shares at a fraction of our true value.
Go inix (food for thought)
Market cap is 1/3 our asset value! Crazy cheap.
Go inix
Not quite yet!!! Ben has stated in almost every PR as of late that they have done everything they can and they are just waiting on DTCC to put them back in their system. IMO it will happen shortly and Ben stated he will PR it immediately.
Go INIX
1. Cost of digging gold out of ground=By the report about $300. And I believe this because they have extensive details on how they will accomplish this from the geologist.
2. How long will it take to start this digging=Your guess is as good as mine, but by the extensive report and the financing that is in place, there's reason to believe it could very soon.
3. Why would oakbridge invest in us=Lets see, we are a revenue generating company right now, which by the way has increased already this year. Oakbridge is a private investment firm so I am sure they are looking a year down the road since their shares are restricted and see great potential in this company to increase their own stake.
GO INIX
Remember, the less you respond to negative posts that usually don't make much sense except they think the sky is falling, the better off we are.
Go INIX
Already bought a bunch and glad I did!!!!!
Go INIX
If we hit our 52 week high I will have no problem hanging out with some of you in Vegas for the weekend and then we can go check out the mines since they are close.
I will still have all my shares if we hit this 52 week high and will be loaded.
Go INIX
Yep, and who's worried about losing a tick or two at times. We are headed north from here IMO.
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Yes I can see this happening very soon with the capital to do so.
As will be discussed, production of the known mineral reserve presently is economically viable.
The writer strongly recommends that the drilling programs to develop the three categories of potential ore
outlined above be implemented as soon as practical.
The potential (exclusive of the presently defined mineral reserves) for the Mohave property is
contained in three categories:
1) Delineation of the presently defined mineral resource in the 9 mine and prospect areas named
previously. The total resource is composed of 256,190 tons of measured resource averaging
0.047 ounce per ton, 113,906 tons of indicated resource averaging 0.073 ounce per ton, and
327,600 tons of inferred resource averaging 0.062 ounce per ton. This resource can be
upgraded into a reserve by means of a 152 hole drilling program totaling approximately 20,065
feet at an estimated cost of $190,900. Depending on the specific circumstances in each area,
most areas likely will require subsequent, additional drilling to achieve proven mineral
reserves status.
2) Exploration of 15 known target areas, each with a potential similar to the presently proven
mineral reserve mine areas, based upon the geology and upon the outcrop samples and soil
geochemical survey results. This requires a minimum drilling program of 56 holes at an
estimated cost of $238,500.
(3) Exploration for hypothetical ore deposits, in 2 or more different areas that could be
substantially larger than any of the ore deposits known to date. This requires a minimum
drilling program of 9 holes at an estimated cost of $49,100.
The total cost for these ore delineation and exploration drilling programs, which will involve a minimum
of 217 drill holes, will approximate $478,500.
In accordance with the Joint Venture Agreement, $4 million is available for and
will accomplish these tasks. Based on the proven mineral reserve, the present mine life is about 2.7 years at production costs ranging $275 to $309 per ounce recovered. It is anticipated that the mine life will be extended by resource evaluation and exploration drilling programs that have been planned and budgeted.
This is the reason some gold companies don't file the NI 43-101.
The purpose of the National Instrument 43-101 is to ensure that misleading,
erroneous or fraudulent information relating to mineral properties is not published and promoted
to investors on the stock exchanges.
That's another reason this is key. We have plenty more shares not to be diluted, but to gain value and access funds to implement into our subsidiaries to make them more profitable. Like I said before this is just the start of things to come.
Go INIX
Very true post. I have flipped scam gold companies and their all the same. No 43-101's. Only figures that come out are projected gold #'s. And most of them use the price of gold as their pump even though most have not even touched the precious metal.
GO INIX
Probably people didn't know much about this acquisition and some seem to think we are a gold play now. Funny, we acquired 51% of a 20% Joint venture to help gain capital to improve our existing subsidiaries. Also remember we have gone up 800% since we closed at .0001 few days back or even 350% since .0002 how ever you want to look at it.
I would not worry too much if I were you. Most of the negatives on here are new comers that want a piece of action at a much lower price. You would not believe how much people try to push the limits to help themselves out.
I think we will be seeing higher highs and higher lows over the next few weeks, and we still have much more action coming from this company, and remember we have already increased our revenues. This acquisition is just another tool to get us to profitability much quicker. They are heading in the right direction.
By the way this is not just a gold play now. ROFLMAO
Go INIX
This is only the start. Ben is finding ways to reconfigure this company to succeed. He is definitely fast-tracking this into a viable company. Only a matter of small time. Some of us have been here a while, but it's getting more and more exciting. Just wait until our revenues are being banked.
Go INIX
Bid support is straightening up!!!
I am also reading and doing my own DD and just not making up stuff so I can get more cheap shares.
Go INIX LOOKS GOOD SO FAR
So trading arm is complete that means they got paid right?
Percentage of all gold shipped?
Great news- revenues here we come
Slow accumulation is outstanding another tick or two today!!!
Go INIX