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Long ways to go yet guys, we already been through this stuff before. How do we know this is not just another small pump or something. Not to long ago news had us calculating gold prices and then that got yanked.
It is great the whole allied buildings thing, but even that news release did not have all that much data. Who is to say it is not just a contract for a shed.
News will be tempered given the history of news realeses just like this, and now just waiting later for the subsequent news that MasterBuilders fell through.
Yea, I will surf Nexus and some other databases and see what i find.
Checking out some of the newer guidelines. Fascinating read. INIX is getting pressed . . . good.
Thanks for heads up AMM.
I would like more info as well, I tried looking up these guys but there are many build masters in several states. I found 5, one of which was out of business. The rest had working phone numbers and a place of business. Which one if any is related to ifinix is hard to say. I then had to wonder if ambiguity was intended.
Nope, and I will see what this construction company is about too. Given the great recession I am not all that enthused with the construction business right now.
It makes sense in one way given they are making the move to a holdings company, but at this time I do not trust anything they put up.
Well, see what happens I presume.
Yea I will give room for INIX to transition to a holdings company, but track record is not reassuring. I will see what they got coming and go from there.
I know some people in North and South Dakota who have benefited from the shale oil. A robust countrywide energy policy would really help the economy. If gas prices go down, the money in our pockets can go to something else. You know where it can go from there. So people working on energy projects, pipelines and ect. Lowering enrgery costs . . . . ah the possibilities.
Just a shame where we are at as a nation.
A holdings company, from what I have seen, does not generate a product. They buy portions of companies that do and mostly just sit there and siphon the funds.
Kind of like what is already being done with proactive futures.
If they are cleaning out house, then I expect my shares to be shellacked soon enough.
My only thing is, where they going to get the investment money from ? Squeezing what is left out of us (2 pennies or something?)?
Sell a portion of INIX to someone with some cash?
Let us say they do get a hold of some cash or a financial tool that poses as cash. I am pretty sure it will have to be investments that "could" yield revenues or small ventures that are generating "some" revenue but need investment dollars.
I mean they can be investing in pawn shops for all I know lol, but if it makes money it what it is.
Obama has been the biggest sucker punch in presidential history.
Oh so that monk guy who was advocating float locks . . . scam=investigation. Ask X about it.
Times like these make me happy while also feeling like the fool (or smart fool? ugh oh well). I decided against buying a big chunk of INIX a while back and froze all purchases, but still feel shanked with the chunk that is likely lost forever.
Smart + Fool = Smool? Why not. Feeling like a smool right now . . . even after watching a wooden Indian fall off his rope . . .
That is right! Who needs Gold?!
Another lesson learned I suppose. Starve INIX out and see what happens, so would that be bankruptcy? Or would they turn into one of those many empty shell stocks?
Minimum wage back to 5.15? Food for thought.
I agree with everyone here, not sure i am sold on blasting more funds on software . . . not against others companies that can dump so much more in development. I say we should buttress that which is making money already.
I think INIX can still do better about costs, would like them to slim up a bit more.
It is exactly what is going on. I work in a large finance institution and have heard about stuff exactly like this. Found out a few months ago this stuff can be drug along for 9 months or more.
I agree with woody, I do not blame anyone who takes off before or after the DTCC issue.
Think inix has shanked us from the start and often attracts people because of the little money they do make AKA ... potential.
It is definitely a risk.
Geez dude, felt like I just got blasted with some bravado. To top it off, i read that while drinking a red bull, whoa.
I certainly hope there is another surge coming for inix . . .
Could be a code, who am i to say it is not. However, it is just as likely it could be someone just screwing with us cause they know we are watching.
Yea i will add to my position this coming week. Been dormant for a while to be honest, never sold off but never added either. I will be more involved behind the scenes this year. Regardless where it ends up, I already marked INIX as one of my few long term plays.
I likely will not get my friends involved though; things can get weird if a stock you promote tanks. A lesson I think I am learning early. In the end I really do wish everyone the best of fortune with all this.
Funny to see the low volume and minor movement, I think the longs put the flippers into a "flipper lock" last week (made up term so don’t hate =P). Just my opinion of course, but still got a chuckle.
Wooden and X,
Check this out:
History
Are these optimal projections or some sort of average?
If optimal it may not be prudent to think that Year 1-8 will turn that out, but assuming 70%-80% of optimal production seems more reasonable.
Granted the cash flow would still be decent even at 11%. Minus costs and not including current price of gold.
Money set aside already for initial mining operations is nice.
I am encouraged, but just trying to put as much in prospective as possible. Still reading through the document though.
A lesson learned from Real Time perhaps . . . was not expecting a mine, but will see how it works out.
Has anyone checked on our Facebook INIX fan base?
Not saying tons of people will be looking for it on Facebook, but would not hurt to keep it active.
Lol, no Dollar this year, but if that happened i would of course not argue. As X said, I would be happy with getting back to .045 and then go from there.
I think the economy and debt is still a drag on INIX.
The recent acquisition is great, but I am still waiting to see what that will actually do for INIX. If it is as positive as proactive futures then yea that would be sweet.
Spooch! Good to see yea!
Nice timing on the PR. See what happens.
To be honest, 20% increase in revenue is the only goal i think ifnix can actually accomplish. If losses can be reduced 20% and revenues increased by 20%, then that would be a great development.
They sound like they would need some additional finance grunts with some rolodex power to help them path find but again would add to costs.
It would be daunting to even reach 5 million in revenue (given their current circumstance), so i think that is why they whipped out the acquisition word. Acquisitions are something that ifinix seemingly likes to do; I think the one positive thing was proactive futures. Not sure if that was luck or what. I will chalk one up for ifinix on it though.
Given that proactive futures was acquired much the same way and it is the one true shiny part of this whole rig. Glimmers of hope perhaps?
Just remember to chant "Yes We Can!" when perhaps we hit .001
;)
Sigh. I feel like the guy who drank the cool aid, saw everyone dying and then gaged it out. Only to be tempted to drink it again.
Never sold off in the first place, but gah what a bi-polar experience.
Like what i am hearing, but it is that whole execution thing i wonder about.
I Should go watch sucker punch again or something . . .
No reply for me either, got this feeling that the shellacking is not over yet.
XQ, when you processed some of your paper certs did that full process ever complete for you?
Other than the 400+ expense surprise you got.
Agreed, a lot in this forum have not sold off, if so could probably sink it more. However, probably will not see that.
Nah, they already going to do what they are doing either way. I think more would leave, but know they will get nailed with fees if the cash in their paper certs and whatever other charges.
Not sure i have read of anyone speaking with ben more than X.
I just got owned.Dang.
How many of you plan on keeping some sort of position in INIX?
One of my buds dumped all he had and is doing other things in penny land now. Just curious what some of you long timers plan on . . . other than woody who is on a INIX binge =P
So getting played.
Agreed.
INIX has been somewhat odd to me. In one respect they are opening new avneues of revenue growth, but then manage to hamstring just about every effort they make.
I want them to succeed but geez what a bi-polar ride.
Do you think it was smart then that we had a forward split and paper certs? Many were concerned about illegal activities . . . has it been worth it?
I was wondering if getting booted from the DTC in certain circumstances was on purpose to prevent such actions in the future.
My questions are not capricious, just curious.
To be honest dude, several people were belly aching over short selling and what they felt was illegal activity. These people wanted the forward split to account for all shares, but in the process got booted from the DTCC. I would imagine that at this point many are discouraged from doing anything illegal now, but also many could be equally discouraged from doing anything legit (give or take).
Taking this to the basics, some companies that are legit (let us just say they are) typically come to penny land to raise funding for their business idea. In that spirit, it is assumed no one wanted to invest in them (say a wealthy guy or business), so they hire people and give it a shot on our own dime. In this I am not shocked to see raised O/S and so on.
So the real question is (in hindsight), was it worth it appeasing the paranoid people who are consumed with illegal activity or avoid splits of any kind, raise the O/S-A/S in steps, try to roll out goods & services for the hopes of profits in the future and ignore any belly aching that result?
Well, some people their egos feed off the posts they leave in forums (doubt it stops as a result). I am tired of it as well. I know full well what i got involved with . . . need no lectures nor gotchas on it.
Not to be nosey, but does anyone on this board own or use to own a small business? (No matter if bought out, failed, or successful)
Curious to know given the various insights on INIX. May help me understand some of you better.
Side note: I think when some of the board met Ben (Vegas) and have spoken to him on conference calls or MSN. I think it helped when over some confidence and has kept the cult going. I get the perception the cult feels lukewarm at the moment on what they feel is better transparency than most, but still feel tricked\yanked along to an extent.
Some of which will be forgiven a little if the capital division becomes active and starts making some money like proactive does.
Just my thoughts and observations ;)
Yea, i got rid of it a while back.
Woodie,
To be honest, not sure what is up with all the angst levels shooting through the roof? Our government is one giant public pinksheet anyhow.
If the debt ceiling is prevented from being raised and so on (600 Billion in Bonds) . . . curious how that will go over with the finance sector. Ultimately, how it affects INIX. Hmmmm
Not dealing doom on anything, just colorful times these are . . .
My share count has been updated as well to the new count . . . thought i through my 2 cents in there as well.
Well said, to be honest I got tired of the whacker waving. Listen I know what I am in on and it is what it is. I only check up on this board ever so often now as much of it has become irrelevant. This board is 100% full of hard headed people nothing will change on that.
I sincerely hope INIX rises from this place of obscurity and I mean that. However, I fully realize the risk in not seeing anything come of it. End of story.
It seems this board is stuck in repeat, I think most already pretty much said the forward split will be a wait and see game(often not the fun part). However, your right murray and hopefully we will see those increased revenues many are hoping for (even if some/many think it is a long shot).
Spooch, I may have missed it further back, but what aspect about INIX stimulated your brain the most?