Or the O/S until the audited financials come out.

How many nude shorts were there at end of July?

Recapping iFinix Progress and looking forward from July 19, 2007 PR

Audited Financials for OTCBB uplisting. Soon to get a checkmark.

iFinix Trader and eFinix - 2 more checkmarks in a few months

----------------------------
July 19, 2007 - 11:15 AM EST

iFinix Reports Further Progress on 2007 Business Plan
In Day Three of Operations, More Than 100 Subscribers Are Reaping Benefits From iFinix's RealTime Information Platform
iFinix Corp. (PINKSHEETS: INXR) announced today progress in achieving its 2007 Business Plan.

The company announced that subscribers have given an enthusiastic reception to the RealTime Information Platform. In addition, the subscription list now exceeds 2,000.

As to the status of the other primary objectives of the 2007 Business Plan, iFinix reported that it:


-- signed a letter of intent with Legend Securities, Inc., a New York
City-based securities broker/dealer, Member NASD/MSRB/SIPC, to license its
iFinix RealTime Information Platform;
-- plans to initiate the second round of the marketing program of
television commercials on Monday, July 23;
-- plans to add features and other functions to the RealTime Information
Platform as well as fundamental data feeds;
-- expects to launch iFinix Trader, which adds trade execution
functionality and account management features to the iFinix RealTime
platform, and eFinix, a web-enabled version of iFinix Trader that will run
on desktops and on mobile devices, by the end of the third quarter;
-- expects to add experienced management;
-- expects to offer seminars and internet courses in using the iFinix
RealTime Information Platform and other iFinix products in November, as
part of a strategic alliance with Diversity Group International, an
educational marketing organization, with which it has a memorandum of
understanding; and
-- will continue to accomplish necessary milestones to be eligible to
list on an Exchange as we promised earlier this year.


iFinix Chairman, Drew Budhu, said, "The number of new subscribers is climbing. Starting in thirty days we should be receiving revenue of $20 a month from the trial subscribers and in 90 days we should be receiving $20 a month each from the shareholder trial subscribers. Assuming that in December there are 2,000 subscribers paying $60 a month, management anticipates, but cannot provide assurances, that iFinix should be receiving revenue of at least $120,000 a month."

In regard to iFinix Trader, which will add trade execution functionality and account management features to the iFinix RealTime platform, he noted that the company has begun to negotiate partnerships with broker-dealers that will integrate their operations with the iFinix Trader.

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. Visit http://www.iFinix.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.

Contact:
iFinix Corporation
Investor Relations
516-504-3981 x301





Source: Market Wire (July 19, 2007 - 11:15 AM EST)

News by QuoteMedia
www.quotemedia.com

another 300k order @5 Just starting to heat up again.

Please explain how you made that projection?

Audited financials are coming including the share structure in order to prepare the company for OTCBB uplisting. All conversations with management have stated that they are coming in a matter of days, just depends on the CFO service they contracted. It was confirmed that 1 million private placement completed PR meant 504 was completed. So no dilution coming before audited financials either. Read the IBox for details on Xeller8's conversation with Mr. Budhu.

After audited financials and share structure are released, next month's subscription results are the next bit of news to watch for since we will see how many free and reduced month trial subscriptions became full subscriptions.

If you don't believe this, call iFinix management yourself. I prefer to believe the many people who have heard the same things from management regarding 504 completion and audited fins. INXR management always came through on their business plan. I see no evidence otherwise.

Posted by: playdough
In reply to: None
Date:8/6/2007 5:11:04 PM
Post #of 69423

Private Placement completed and OTCBB uplisting in the PRs imply 2 things: 504 is over and financials are being audited. The conversations several people had with INXR management just confirms them. Nothing in their business plan has changed and if they had delays they said why. That's why I like INXR management - they keep executing no matter what.

Xeller8 already confirmed with Mr. Buddhu that private placement meant 504 completion. Read the link in the IBox.

Private Placement completed and OTCBB uplisting in the PRs imply 2 things: 504 is over and financials are being audited. The conversations several people had with INXR management just confirms them. Nothing in their business plan has changed and if they had delays they said why. That's why I like INXR management - they keep executing no matter what.

Lots of good information in the iBox. Quite useful DD for people to start from.

Posted by: Xeller8
In reply to: None Date:8/3/2007 9:39:48 PM
Post #of 69394

O.K...I took a little time this afternoon to get on the phone and see if I could get some answers to some questions that are obviously bothering some people and causing some serious problems around here...

I managed to catch Dru at the office and we talked for about 20 minutes or so and discussed several things...

First off...THE PRIVATE PLACEMENT WAS THE 504!!..it is DONE!! so that argument can be put to rest...I commented that maybe they should have worded it that way in the PR...he pretty much agreed but also pointed out that too many people don't even know or understand what a 504 is...I can see his point!

Next..FINANCIALS WILL BE AUDITED TO SEC COMPLIANCE! and this is the reason for the delay...they want to make darn good and sure everything is in order so they don't have to be restated when they go to uplist...the paperwork is in Scott Moores hands (CFO Professional services) and Dru is waiting for him to release them...and YES share structure WILL be included!...and before I get a bunch of people asking WHEN I will tell you he CAN'T give a hard date...he is simply waiting for CFO to release them but he said it should be very SOON...

Getting these fins out and uplisting is very important to the company and Dru realizes just as much or MORE than we do how important it is to get the heck off the pinksheets and he KNOWS it is killing the stock so they WILL do it!!...he said at the latest by the the end of 07 or the very beginning of 08 but he wants to get it done as soon as possible...he said people need to realize that he and Doug are also shareholders and don't like seeing the PPS where it is at right now any more than WE do but their focus is on running the business and he is confident that the share price will take care of itself once everything comes to fruition...THEY are being patient about the PPS because they are not worried about it due to what is coming in the future..he also stated that the traders (FLIPPERS) are the ones who are running the market right now...we talked about the incessant bid squatting that has been going on and he agrees that is a big part of the problem right now.


I asked about subsciption numbers...

We have about 1740 shareholders that have signed up for the 3 month free trial...

There are about 300 NON-shareholders that are taking advantage of the 30 day free trial that was offered a while back...

There are over 200 PAID subscribers currently and more signing up everyday..I stressed the importance of having HARD numbers available to the shareholders and he agreed...So..I also talked to both Sarah at customer service AND Craig at Sterns about having someone keep a running tally on subscriptions for the benefit of shareholders...they both agreed it would be a fairly easy thing to do and when I talked to Craig I suggested that Ifinix put something on the front page of their site showing a running tally of subscriptions to date and he thought it was a GREAT idea and is going to talk to Dru about it next week...

Dru also told me the banner ads will be updated to "now available" instead of "coming soon" and he has met with the production company about some new commercials that will be hitting T.V. soon (INCLUDING CNN!)...but they have tried to limit the advertising until they get everything running smoothly and once that happens look for them to become VERY agressive with their ad campains...READ:THEY WILL BE GOING AFTER THE COMPETITION!...we could be seeing that as soon as the end of this month or shortly after...

I also suggested to Dru that maybe they should consider having Doug or even Dru himself do a weekly or even BI-weekly conference call to keep shareholders updated and allow them to ask a few questions...I stressed to him that if Doug could find just 20 minutes a week to keep people informed it would go a LONG way with shareholders and would show outstanding corporate transparency...he agrees and thinks it is a great idea and said he will talk it over with Doug..

Before we hung up he wanted me to relay to everyone here that they have absolutely NOTHING to hide and THEY ARE NOT YOUR TYPICAL PINKSHEET COMPANY AND THEY WILL PROVE IT!...he asks the we just give them time...they are a small operation taking on a HUGE task and he appreciates everyone who has been PATIENT and is confident that we WILL be happy here soon!

I'm sure I'm forgetting a few things..I took a few notes but I was also doing other things as we were talking but these are the important issues that have been debated about here on the board...if I remember anything I left out I will post it.


So..there you have it...take all this as you will...I'm sure there will be people who will poke this full of holes (IE: "It's just hearsay...blah blah blah") but I don't care...I have talked to Dru before and he has always been very accommodating and likes to talk to shareholders..I like the guy and I like the company and I like the software...I think we have a VERY bright future here!

Did this post get deleted? No, because it actually sounded reasonable and not just a mindless post with no supporting evidence.

Posted by: here2help
In reply to: None
Date:8/6/2007 3:37:52 PM
Post #of 69388

Pinks are down across the board, investors are selling before the fed meeting tomarrow!

Yes, quite possible.

The company asked contract CFO about releasing share structure before audited fins - from Xeller8's conversation with Mr. Budhu. Also, per PR release 504 is completed. We don't need to go there again.

Look at how fast the 4's get scooped up. That proves my points.

The only reason why it isn't higher is because people don't know the share structure and they are waiting for audited fins to come out. But there are enough people wanting the cheaper shares before fins come out that Money Flow Index and Accum/Dist go up every time the price moves to 0.0004.

Like I said, Money Flow Index doesn't lie. It goes up because people want cheap shares before audited financials come out.

Audited financials are coming out any day now. The chart says it loud and clear by the sideways pattern. Money Flow Index doesn't lie.... people are looking for cheap shares before audited financials come out. That is why it rises every time the price goes down.

If you look at MFI on the chart it always springs back once 4's appear. This will not go to 3's. Accum/Dist same thing. Price is not moving down. It's moving sideways in anticipation of audited financials. Seems pretty obvious to me a lot of people want 4's before audited financials appear. The consolidation on the chart just confirms it.

Which means there is a lot of support for 4's.

They also love Monday.

Zero evidence given by the bashers. Only their "opinions". On the other hand, management has always followed through on what they have told us. They said audited financials and we'll get them soon.

Xeller8 already talked to Mr. Budhu. He said no R/S. If there was, we'd all be canceling our subscriptions. That prediction makes ZERO sense and has NO evidence.

The ONLY Real Information is that Audited Financials are coming out.

The pumpers aren't helping this. The real news is that financials are being audited. Read the iBox. PPS predictions are completely worthless. Don't bother posting them.

Financials are in the contract CFO's hands. See Ibox for details.

So what news is coming? Still waiting for your reply.

How do you know Frank so well that you can guess when he is done buying?

Just gotta wait until audited financials come out.

If you follow clarity789's posts, you'd know he's sincere.

An objective view is that INXR management never broke their word on the business plan. They never stopped following through. I don't think a week or two of delay for the financials to be audited in order to qualify the company for uplisting on the OTCBB should be such a big deal for that reason. It ought to be a positive deal, if anything.

Love how the bashers try to exaggerate a delay into a broken promise. Gimme a break. Audited financials are going to be released. Share structure is going to be released. There is nothing on management's track record to suggest otherwise.

The conversations with Mr. Budhu just confirm the PRs. There is nothing new in the conversations that isn't implied or stated in the PRs.

Audited Financials are implied by OTCBB uplisting.

Share structure will be revealed at the same time.

Private Placement completed means 504 is over.

It's not uncommon for pinks to have delays but what makes INXR different is that they always followed through on what they said they were going to do. There is nothing there to indicate you can't trust management to execute so I firmly believe we are going to get audited financials as soon as the contracted CFO completes it.

Also in their PR they said eFinix and Trading platform will be released end of 3rd quarter and I think given that they always followed through on their business plan, we'll see them.

I don't see where anyone can doubt management and the conversations people have had with them. They always executed on their business plan.

Their 7/23 PR is implying audited financials because they need them for OTCBB uplisting. Xeller's conversation with Mr. Budhu just confirms it and the end of 504 PR for the layman:

"iFinix Corp. (PINKSHEETS: INXR) announced today that it is delaying the issuance of its financial statements for calendar year 2006 and the first two quarters of 2007. The second quarter ended June 30."

"The company is in the process of completing the financial statements, listed above, and will issue them as soon as possible.

iFinix Chairman Drew Budhu said, "Owing to the complexity of the equity and software accounting requirements, we have delayed the financial statement issuance. We are taking the utmost care to ensure the accuracy of this initial filing so that the company will be eligible to be listed on the Over the Counter Bulletin Board."

"iFinix is committed to timely financial reporting," he added, "and is laying the ground work to fulfill that commitment in the future. Once these statements are filed, the financial statements will be filed in the future on a timely basis."

For those that missed it, Xeller8 had a conversation with Mr.Budhu Friday on Financials and other current topics of interest. IBox also has the link:

http://investorshub.advfn.com/boards/read_msg.asp?message_id=21813418

What P/E ratio would be reasonable for this stock? Thanks.

How much more short covering is left?

So in other words MM's were continuing to shake shake because they think the company is way undervalued?

The fact that they didn't bother to write an official letter to Shotpak indicating they would serve a summons and complaint if the matter isn't resolved smells fishy to me. People who take business to business issues to public stock boards often lack integrity.