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INFX Infinex Ventures Secures Access to $100 Million for Marijuana Funding
$100 million capital available and then they will be able to pick the best ventures out of this and get some nice equity participation. Great business model!
Wow, great news! Some real leverage in this.
Does anyone have some info about our Ron Salem? Thanks
Your co? What is your co?
Cloud #13 filling up quickly 29.3% completed.
Looks a little like a margin call from ETRF some poor retailer got wacked out of its position.
Very interesting indeed, first time I see INTL MM and on the bid only no ask, size of 75K also looks interesting. Lets see if this might be our buyback machine...
http://www.marijuanafundinginc.com/ now up as part of INFX. We should be getting news and updates soon IMO
Looks like news is out.
My shares available at $0.0004 for any takers.
PACV the perfect reverse merger candidate for a large corporation. Perfect share structure: O/S is only 384000 with most held by management. Clean shell with no debt! Accumulated deficit of $47 million! Current market cap is only $300K! All current with their filings.
This looks like the perfect shell to me. Listed OTCQB! So uplisting to higher exchange would be easier.
Buying back on the ask?
wow great promo! that really helps...
Has the number of outstanding shares just changed on otc/profile?
http://www.otcmarkets.com/stock/INFX/profile
Market Value $348,963 a/o May 07, 2014
Shares Outstanding 8,511,295 a/o Apr 30, 2014
Well done, double digits coming soon IMHO
Looks like this is one of INFX current projects called WIGGLE ROOM ADVERTISING.
Check out at: http://www.channelislands.com/
Infinex has been brought in to provide capital and other services. It will be taking the company public and its shareholders will receive stock in the company and as shareholders, they will be allowed to participate in future raises as the company expands.
We also seem to have a loss carry forward of $4.66 million! And virtually no debt.
Net Profit for month of April is $32'443 X 12 = $389'316 for 12 months
Outstanding shares 8,511,295
With a conservative P/E ratio of 15 that would give a share price of 70 cents!!!
Common stock Issued and Outstanding 8,511,295
Showed 10K at 4 cents but took only 5K and 4 cents gone. This is definately razor thin, no shares as float got sucked up. Any news and this will run hard IMHO. Glow holding sequel coming soon to a theatre near you.
Would be interesting to learn how large IFNX interest in GLOH is. Lets see if INFX can follow GLOHs share price. GLOH started at 2 cents only a while ago and shot as high as $3 today...
I would start with checking out the stickies of this board.
Thank you for sharing. Good posts from your side, earned your following.
At minimum! Given share structure I would expect some higher price depending on RM details.
Fully agreed, just watching at level 2 and price action.
Looks like company sitting at 3 cents, given early price action MMs trying to scoop up shares slightly above 3 cents... just a thought
Funny how i got bashed when I was sceptical about possible dilution over the last few days/weeks and now as things are cleared the same posters sold out...
In any case I hold this stock for sure and I certainly expect now with things being cleared up and management doing the right thing that WDAS will go up IMHO.
For those who sold and now watching this - I strongly believe that watching things unfold will hurt very much.
Goal is to thin out float and corner those shorting IMO. So as long as the float gets smaller I dont care much about how it is done. Price will go up IMO if shares are bought back
INTL - FCStone Securities Inc a new market maker on level 2 this morning. Early bidder this morning not on ask. Have not seen them before. Buyback action today?
Thanks for posting. This is actually only the Worldcommunicate arm IMO. This is another potentially large source for revenues of WDAS, this has nothing to do with the solar panels but hopefully we will learn more about this soon too. Lots and lots of interesting stuff to learn about in the future IMHO.
That is standard legal language my friend...
NO REVERSE SPLIT!!! We currently do not have any debt in the business and have no need to consider stock splits or other modifications in foreseeable future
Dont agree. Once float is reduced most likely Galdi will start to retire shares and that will make your calculation useless IMHO. Remember the Pref B shares were there to act as a protection from hostile takeovers. With such a small new float and the Pref Bs converted this is certainly no longer an issue.
Yes correct. Soon the shorts and I am sure that there are plenty have to run for cover. If Galdi buys all 100 million there are only 38 million in the float left and I am sure there are tons of shorts in need to cover.
Getting rid of his Pref shares and have them converted to common stock is better now than later IMHO. The shares structure cleanup and the reduction of float is good for shareholder value. Now we can also lower the A/S now as the Pref Bs are gone.
This is sensational news - float will be extremely tight!
Shorty getting trapped here...
SUPER NEWS!!! Bravo Galdi!!!
Time to buy back - Galdi proved to be able do the right thing IMHO!