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dadx,
Maybe he opened your spam and his computer got infected and then their network got infected and they started to send out spam in turn and then their domain was put on an internet blacklist. That happened to our company once. This could all have been your fault!! 8)
DCH
i hit the ask for 20K, no dents.
DCH
struk,
i have been accumulating shares here for a while. will probably continue to do so. i see the potential also. but you are also raving about hktu on another board. where would you put extra cash, if you had some. here or there?
DCH
if i was any good at computer graphics I would create a logo for IFXY based of the spinning "LOST" title card from the tv show of the same name.
www.youtube.com/watch?v=9MiwoDpbcdk
The best comparison i have to following infrax was like watching the television show LOST.
The amount of storylines and questions that were brought up through the course of the series kept viewers watching and waiting for more.
when you read dadx's post it is akin to the same thing. Lockwood, itron, african RFP's, etc. is just like the island, the hatch, dharma initiative, and the time jumping storytelling.
through the shows run, people could barely figure it out, but kept on tuning in. So none of what sam is doing is that horrible. But.... Infrax isn't an education in screenwriting or a time investment. This is an financial investment. So i hope they get away from dropping hints on new developments and get away from the storytelling, and close some of the bigger story loops that we investors have been hearing about for a while.
DCH
Not one mention of itron in this update, i would have rather seen no update until they can print something with itron. this NDA must scare the bejezus out of them.
also if we use the low end estimate of the lockwood shares they would be worth almost as much as my current infrax investment, .20 cents for 1/10th of my ifxy shares = 100% of my ifxy shares at around .02 cents. my spider sense is tingling on this one.
dch
I agree especially now after the chill has been lifted. people that want to be here and wait for Itron news and the lockwood spinoff and other things can now sit and wait, and all the people that didn't want to be here but couldn't sell up to now, can leave. STRONG HANDS!! one of the reasons i opened a scottrade account, was i wanted to add shares before the deadline and i couldn't buy through ameritrade. they should have worked to get the chill lifted and then started this spinoff process.
ALSO, just give us more news!!!!!
DCH
so are the people selling ones that got in after the lockwood "shareholder as of" dates for that distribution? i would never sell the shares i have had since before march, only because if this issuance of lockwood shares ever happens, its essentially free money.
But one caveat is it's anyone's guess on what the prices of the lockwood shares will actually be, and i don't think it will be anywhere close to what was announced in earlier releases. but it is still free money.
DCH
it is unfortunate, but we have no control or say. it would be nice for Sam or someone to come out and clarify their dealings with itron and the Centron meter. if a gag or non disclosure is in effect, at least say that. the majority of the answers i used to get from sam are just no comment. just say itron is reviewing the partnership and technology, and when they are ready to announce, investors will learn everything. i would like that better than no comment.
anyone got any other nice plays that i can try out while we all wait for infrax??? 8)
DCH
Is it worth it to start making calls to Itron and see what the status of the Centron II meter is, with the infrax hardware?
i thought i read on here before that some people thought it might not be a good idea to call itron, but at this point it's a way better option. it's obvious that they hold all the cards and are probably controlling the pace of this release.
the fact that sam has never been able to get us this info, is most likely because he knows an approximate time frame or quarter, but that info coming from him would make everyone bitch and moan. alot of us here, when we hear coming soon, always think in terms of weeks or months. he may have information that suggest otherwise, like multiple quarters or years even. I hope its not that long, but if it is i will still be averaging down.
dch
so after a year or so of due diligence on itron's behalf, and the "official" announcement from earlier this year of their partnership..... what stage are we at now? is the technology sitting in a warehouse with a "ship to itron" label on them? is the technology already in the possession of itron? are the new meters built and we are waiting for the "new" centron 2 meters to be released in a new product cycle??
dch
regarding itron, how will this work?
i am trying to sort out what we are waiting for next in terms of itron. are we waiting for itron to release sales numbers of the centron meter. or are we waiting for infrax to report how many cards it has sold to itron. could it be that infrax receives nothing in terms of cash until these meters start to move??? i was just thinking about that and i don't know what to expect.
if you think of it like microchips. let's say hypothetically Intel makes and sells 20 million chips last year. they just book the sales and everyone sees what they did. their numbers aren't based off of how many computers dell or HP sell, just on their chips. (this is obviously a simple analogy)
this shouldnt or cant be too much different for infrax, but i don't know. as a listed partner, itron has to have their hands on the technology, but what are we waiting for now?
any thoughts
DCH
from zecco...
Dear XXXX XXXX,
Thank you for contacting Zecco Trading.
I will be more than happy to assist you with this inquiry. I have confirmed with our clearing firm that the security is currently DTC eligible (although we do disclose that DTC status can change at anytime). If you still wish to purchase shares and are unable to, please call customer service and one of our traders will be able to assist you with this quickly.
I hope this information has been helpful. Should you have any further questions or concerns, please reply to this message or contact our Customer Service Department at 877-700-7862 or at 818-459-4591 (Monday to Friday, 8am to 6pm, Eastern Standard Time). We will be more than happy to assist you.
Sincerely,
Kim
Financial Services Representative
877-700-STOCK (7862), 8am - 7pm (ET) Mon-Fri
Zecco Trading, Inc.
13024 Ballantyne Corporate Place Suite 500
Charlotte, NC, 28277 USA
no i can still buy through scottrade, but i had to open the scottrade account because i couldn't buy on ameritrade or zecco. zecco is the cheapest by far, and i would love to add but as of right now, it still rejected. i will call them later.
dch
in real terms, when does this mean i can start purchasing the stock again through zecco or ameritrade. i had to open a scottrade account over the summer just so i can grab .03's. i tried a modest trade of 3000 shares and it was still rejected.
dch
i spoke to soon.
very promising info!!
Dadx,
I agree in that it has to be good. Honestly things can't get any worse..... barring a press release from Itron saying they are ending their partnership with Infrax.
So in this report due next week I can't anticipate any bad news coming, if only for the fact that all this recent itron activity without accompanying factual information has everyone feeling either confused (at the worst), or enthusiastic at best.
But i caution though that the next report might still show us nothing, meaning we need to wait an additional 3 months, or wait until there is another shareholder update. Personally I highly doubt the report will answer every outstanding item from the questions that were posed to Sam this week. I hope i am wrong though.
But that doesn't change my opinion that we are still on the verge of big things happening. Itron doesn't partner up with groups unless it sees something $$$ positive that can result. And on the infrax side they have no rev's that we know of yet, so when we finally see the details of this marriage, it has to have a significant impact on the stock price.
DCH
i want both a party and more updates. when do we find out what this itron partnership does for infrax's bottom line. are there infrax components already assembled in itron meters? or does that start happening after the october show? is infrax's hardware, one of many options buyers have when putting in orders with itron, or will every meter of a specific kind have Infrax hardware included?
will my IFXY investment be in the black when the end of the world happens on december 21st?
anyone have any guesses??
DCH
aren't we due for another quarterly report soon??
dch
Ok, so after being officially listed on the Itron North America page. 1971 got me thinking about Itron and its current partners. So I tried to do a little analysis of the other companies listed as "metering partners" but unfortunately none of them are publicly traded. I would have loved to find out how large these companies are. i know it wouldn't be enough to determine their Itron related sales numbers. But i would bet that tron makes up a significant portion of each of their revenues. But in infrax's case, Itron should make up a majority of their sales, until we learn otherwise. can anyone think of any other way to do some creative market research??
DCH
let's play a game. we haven't played this game in a long time. it's called "guess your price". for over the last 2 years, there have been periods of time where all kinds of guesses were being thrown out where the stock price would top, when all the good news hit. well we still don't have any sales or rev numbers, we don't have finalization of the lockwood dividend, nor do we have any details on all the other projects that been mentioned in official company P.R.'s.
that's why i believe now is the best time to play, "Guess Your Price"
anyone want to throw out a guess?
DCH
Has anyone talked to Sam lately. I have tried him once or twice, but no response. He doesn't always answer me, so i am not concerned. But with all the little nuggets of info floating around, something official and verified would be nice.
DCH
So now that the 2nd quarter is in the rear view mirror, who has any thoughts on when we will hear some news? I am horrible at predicting these types of things, but if anyone has any news to share or some special little insight. Has anyone talked to Sam, if so I'm listening......
DCH
sorry, that was me. I was trying to sell 20 shares but i got a case of da fat fingas. I had a margin call come in this afternoon, and I had to sell something to cover.
DCH
is this link legit???
http://momentummagazine.com/infrax-systems-inc-ifxy-otc-linkfinra-bb-tier-change/
i didn't see it mentioned anywhere, i just found it while searching for IFXY news.
DCH
I have to disagree, i think if they didn't care about their shareholders, then we wouldn't have seen the original shareholder letter.
trust me i am looking for information as well and have been emailing Sam occasionally and finally last week Sam sent me a response. the only assurance i got from him was that the Lockwood stock distribution went through cleanly and we should soon learn the full details and the dates we can expect to see the shares.
As for all the other things they have going on, there were no updates besides many of their deals are at a delicate stage where even the slightest disclosure is prohibited.
Of course that's not what i wanted to hear, but it is what we have to deal with.
DCH
did i miss some thing significant today?? i didn't see any news out today, but now everyone is going on like it's the end of the world.
DCH
interesting news today.
now if they said that they had advance order sales numbers to go along with it, that would be exciting.
anyone got any news or info??
I was trying to buy at .04 and literally as soon as my order went in the ask went back to .05, come on now let me buy those shares.
DCH
i would like to quote from my close and personal friend marvin gaye.....he had the courage to ask out loud "what's going on?"
come on infrax already, "let's get it on".
I'm done with all this "i heard it through the grapevine" stuff, we need news and updates!!
DCH
did he really use a smiley with a wink to close his email or did you add that for effect??
Dad, you've been quiet this week. got anything for us???
all we "know" is a valuation between $1 and $3 dollars. what we don't know is whether those numbers hold, where these numbers came from, when the shared get distributed......
DCH
we need an update.
the restless are natives!!
DCH
where's that S1?
DCH
So now that this offering is in the books (although we only know that second hand through dad), what is next?? When are we going to get the official offering PR, with distribution dates and prices, or how it was valued? When are we going to learn more about the events caused the initial "shareholder of record" date delays? Shouldn't more info should be pending now that the offering is in motion.
DCH
I see, so if some company actually put this swot report together on Infrax, and charged a couple 100 bucks for it. regardless of the contents, this must be a good sign. I mean who would pay to see a report like this unless (a) they had money to burn, or (b) were serious investors.
DCH
are they being promo'ed in england or germany??
overseas!!
i don't have enough (british) pounds to order the report.
DCH
nope.
here's the fun part for me though. hypothetical situation coming up. i think its been thrown out there already by others but i will mention it again..... i am still trying to figure out where the range of $1-$3 came from. so let's say you have 100000 IFXY shares as of the 19th, and you hold until the day the lockwood shares actually hit your trading account, and they come in at a dollar. when the transaction goes through, you will own 10k lockwood shares at a dollar each, for a grand total of $10,000 dollars.
even as of today's closing price those free shares are worth more than the current price of IFXY. so those same 100k IFXY shares only have a face value of $8,999. man, something isn't adding up for me. what benefit is it to them to give us these shares, when the original stock currently isn't even worth the proposed dividend. what if the dividend price comes in at $1.50 or 2 or 3?
is it possible that my current hypothetical holding of 100000 ifxy shares, might only be worth a 1/3 of my lockwood dividend if it gets valued at $3???
splits are supposed to have no impact besides doubling your shares and making an easier entry for more investors, and dividends are supposed to be small in comparison to the main holding.
i know its a one time distribution, but as of right now it's less than a 1 to 1 value, super for us.
i am not sure what this means, but i have been thinking about it alot. anyone have any thoughts or can help me understand why this seems so weird to me, please enlighten me.
DCH
i love acting like the smartest guy on the board. the shares don't get issued for a while. the amount you would be given will depend on how many shares you have on the 19th and how many you actually hold onto until they are distributed. you get nothing on the 19th, it just tells you how many you are eligible for....... if you hold.