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Acknowledging this volume. The timing of the selling is counterintuitive since they just filed the annual and removed any concern of this seeing the expert market
The only way for me to bet on it is to buy a few and average down which I have.
I fully expect the leaders here to do something cause they keep (spending $) filing...but even if just viewing it as a lotto I think this is a practical spot to post up and plant some seeds.
I had DFTC archived in my mind as having a nice share structure but in revisiting it a few days ago, it's even nicer than I remembered
I hate that you could smell that coming via an L2 shift yesterday. I'm convinced there are very few size guys on the sell side...it'd be nice if company did something and made the sellers sick with regret cause 0002/3 seems silly considering this has the ability to be so thin.
But its 2025 so who knows
It's natural to try to account for what big boys are doing but this is fresh off of an RS and the low is 1.67 and not many shares came out there meaning his position is likely higher whether we're talking 1.75, 1.80 or 1.95
We'll assume he nailed the bottom and I'm saying that half sarcastically cause big money scales in...heck I'm not big money and I never place 1 singular order.
But let's say he's packing size at 1.71....is that a front load? Is this action we've seen from 1.75 to 2.05 the liquidity he was looking for? You think he's banging the drum rallying for a .35-.40 cent flip? All while likely being on the SEC's radar?
He's probably hyper aware of how squeezy a 1.1 mil share OS can get. I'm sure that is a big piece of his calculus
If you're going to monitor the activity here while offering us such rich coverage....do us a favor and point out those .20 cent to 3.00 taps to the bid as well
Instead of just pointing out the 1-5 dollar buys give us a clearer picture if you don't mind since the bid taps are just as routine
It's not a big deal though if youre just trying to stagnate the stock and manipulate it downward, that's ok too.
And hey I appreciate ya you seem like a thorough researcher who packages ideas really well 😐
And continuation today no question
I’ve never corresponded with him. Though I tried reaching out recently to the email listed at otcmarkets. It doesn’t work ….im sure I could get creative and look for other avenues (I guess I did reach out to an address linked to a different CC ticker. But I haven’t pressed)
If purely looking at this one as a vehicle and share structure it wasn’t one I expected to fall off
I say that while realizing that the otc went out of its way to make itself worse…but still
It would be like flipping a switch if it was confirmed. Where as right now we’re priced like it’s not….just mean down side seems limited (people’s doubt is probably priced in)
Well that’s a shame. I was feeling good about the 1s and 2s that came out last week
Surely expert market doesn’t mean giving up
Seeing the way this cleaned up recently made me want to hop back on the bid gtc style….got some 0005s today
AS is only 1.5 bil
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There are probably better places to say this but I think it’s good to unzoom and think about big picture numbers. At the end of last quarter there was 6.5 trillion dollars sitting liquid within our system
For context there was only 4 trillion dollars in existence at the beginning of 2020…there’s 21 trillion in circulation now
As far as I can tell the OTC is theee only place within our system that hasn’t inflated. Seriously….everything is inflated as you would expect due to more usd’s being out there
It’s pure failure on the OTC’s part to not be taking in more of this money but at some point institutions will do the math and steer liquidity into our arena and we’ll see otc market caps inflate….and they might inflate wildly ($$$$)
Just thinking aloud
Just cause you acknowledged the volume yesterday…they released a small update and a video with Jose
They’re working on audits and more updates are clearly coming. We’re gonna get there :)
https://www.otcmarkets.com/stock/IFXY/news?id=455613
News. They’re building….one of these days the market is going to process a string of updates and realize that this is turning into a revenue generating machine. I applaud the effort
https://www.otcmarkets.com/stock/IFXY/news?id=454816
Edit*** (I don’t know how I got tripped up in that last post)
Meant to say
“I never knew that. Even if that exact 90 figure isn’t correct…I never knew they were bound by rules like that”
Good diggin. Without giving it a ton of thought oil sounded good to me but I guess that’ll be heavily influenced by the election
But then again this is interesting.. “Also REITs have to give 90% of taxable income to shareholders if I am not mistaken.”
I never knew that. Even if that exact 90 figure isn’t correct I never knew they were obligated to operate that way
Oh news! Just noticed
$IFXY Infrax Systems, Inc (OTC: IFXY) Provides Shareholder Update https://t.co/tvIZgEn6sy
— Infrax Systems Inc. (@Infraxinc) July 25, 2024
Excited to announce the launch of our new US Standard Capital website! BIG PLANS COMING IN THE NEAR FUTURE!!#RealEstate #Investment #USStandardCapital https://t.co/BAnnGlGWzt $IFXY
— Jose Pineda (@jpineda100) July 10, 2024
I’m surprised it would cross someone’s mind to not just sell 0006s last minute…but sell enough to where their order is overhanging and 0006 becomes the offer….WHEN 0007 IS ON THE ASK
I totally understand how people are in our market….theres alot degenerate people who are emotional to a womanly extent
But even if you’re emotional about grudges and you dislike CC and you are committed to selling shares….printing 0007 serves you and your family well if making $ is something that you care about. Just for chart purposes
Don’t get me wrong todays action is a good look period. But if I put myself in the shoes of a hater…..I would sell more slowly while thinking about me and mine. Instead people sell like they’re trying to make a point
I’m not sweating it even a little bit but it’s entertaining and I had time to watch the close
Makes a person wonder what is driving him. Yes he’s playing a game about money but him passing on the opportunity to secure a multi generational fortune is wild. It’s like he’s driven by activism as much as he is anything monetary
And average people are thinking in terms of 6/21 cause that’s when they expire but a person really needs to sell those calls earlier if not a week earlier. Cause time decay starts snowballing days before expiration and it erodes the prices (to where the price evaporates the last couple days)
Unless he’s trying to exercise the calls and buy the stock outright which I’ve never seen anyone do outside of hedge funds. Most anyone else simply buys > sells calls…..and those prices ARE volatile as he’s already seen
You would think so…..if they DO it wouldn’t surprise me. If they don’t it would surprise me lolol
And “a couple willing sellers” here isn’t the same thing as willing sellers on a pig..cause this isn’t very liquid. But someone is trying to tip toe. Only reason it’s noticeable is cause this thing sat above .20 for what 3+ years?
I mean what is the big picture here? I wanted to look back to peep the SS growth to see how different things are now vs 2-3 years ago when HENI was above .20
(I say that ^^ but in my mind I’ll just wipe those old prices from its history cause the market now vs then is much different….if we’re being conservative)
BUT….the AS was 50.0 and float was 9.2 in October 2021 >>>> The AS is still 50.0 and the float is still 9.2 mil
(—-between 10/21 and 8/23 the OS was reduced then it grew again to its original size so that activity was nullified—-)
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In summary maybe Nvidia isn’t gonna enter a bidding war with Cisco trying to acquire HENI…..but how is this not a lotto?
They just filed their annual report a few weeks ago meaning they are protected from the expert market for another year.
Let’s just assume the AS grows cause it’s so close to maxed….would that be so shocking?
Even if you’re pessimistic about this market and risk obsessed….pretty dang sure this has some lotto’y features lol
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What an odd couple transactions….at theee exact same time (1:28:23) 2 orders filled @ 023 and 0122 aka 40% apart
Clearly something to do with market makers. It’s almost like mm’s can sense a couple willing sellers but instead of letting it play out they fk around and magnify the action
If things keep progressing at this same slow pace I’m gonna wind up with a million shares of this. Maybe more
Lol
Yep…..acknowledging the cleanliness Whitten
Hmmm. Ok
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SPRING, TX / ACCESSWIRE / October 25, 2023 / Infrax Systems, Inc. (OTC PINK:IFXY) (the "Company") is pleased to provide shareholders with an update of recent activities and its near-term plans going forward. To recap past events, in late 2022, the Company had to cancel its first acquisition due to an internal situation with the target company that was discovered during the due diligence phase. Mr. Carey Cooley, CEO, stated, "My primary goal is to protect shareholders at all costs. In order to do so, we had to unwind the prior deal to guarantee that IFXY was not on the hook for past internal problems of one of its acquisitions. Although it was a painful process, the only way to do that was to take a step back, trim the fat, reevaluate, and then come back and move forward with the right structure and people involved."
Since resolving the initial issues, Mr. Jose Piñeda has rejoined the team as its President. Mr. Piñeda will primarily be responsible for identifying the right companies to acquire to achieve our vision and ensuring that the acquisitions are completed. The Company's vision remains the same: to provide the immigrant population in the US, primarily from Central America, with the desired products and services they need to maintain their connections with their native nations while they integrate into American society.
The Company would like to highlight the following items:
In April 2023, the Company completed its acquisition of Tu Abogado Facil ("Your Easy Lawyer"), a cutting-edge online marketplace designed to bridge the gap between Central American lawyers and immigrants seeking legal assistance in their home countries. More updates on current and future business regarding Tu Abogado Facil will be released soon.
We have engaged an audit firm and expect to complete a PCAOB audit by the end of the calendar year. Upon completion of the audit, the Company plans to become a fully reporting direct filer with the SEC.
The Company has identified five additional target companies that it plans to acquire throughout the 2024 calendar year, many that have already made verbal agreements to be acquired. More details on each of these companies will be provided as the acquisition process moves forward, but we are very excited about our short and long term future ahead.
Lastly, the Company plans to change its name to Toditito, Inc. to better reflect its corporate vision, and will file a name change request with FINRA in the near future. We would like to let shareholders know that no new shares have been issued since we first acquired the Company, and that there are no current plans for a reverse split to achieve our current goals. We will address any need to restructure the Company down the road if we decide to move to an exchange.
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I dunno….I see a willingness to clean up with little to no effort. I see no mentions on social media and I see no effort on the company’s behalf. BERI seems as likely to revisit .20+ as it does it’s lows again
Especially if they continue disclosing numbers that make a person’s head spin
So whether that selling weeks ago was a debt holder or tired open market money reacting to float growth…..it was a blatant over reaction. And let’s not act like the float isn’t still small. Really small
I haven’t dd’d this in I literally don’t know how long….so purely going off memory. But the guy was at the helm of more companies than the 1 that tried to merge in here.
I kinda detached emotionally so I don’t remember if they ever explained why they unwound that deal
BUT….it’s interesting to see the same familiar name on otcmarkets….clearly the relationships stayed intact and I can only speculate….but it makes a person think the market overreacted when trying to explain the turn of events here.
I say that while understanding the disappointment….cause 12-15 month delays do suck. I just don’t have it in me to whine and cry and bring my feelings to ihub
Ayyy ok….go ahead and do it for us SMEV
Just noticed the late day action here…one of the few places I was bidding.
Caught 0032s and 0034s
Time will tell whether that was 1 tired seller and thus easy money or something else. But it obviously printed 0053 minutes later… so unless I’m presented w new info, I’m thinking 02+ is a reasonable assumption here with time
Even in this jank market
Ok I get it…..a size guy is freeing up $ and I need to not worry about the chart or the base or psychological price points or HENI’s ability to clean up and be thin
It’s 2023 and spots that look like easy money sometimes aren’t….so as stupid as 034-042 looks, I need to back off and be open to the idea of stupider prices and longer delays
As of now my little amount is @ a 0566 average
I’ve laid in the weeds doing nothing for a long time. Today was the first time adding in a while….someone clearly threw in the towel at 0006
If it was 2018-2021 a brotha would’ve eaten 50+ at this pps
People are free to behave however….but the fact of the matter is that BERI is about to have an unprecedented amount of revs on the books. He’s already putting up numbers but it’s on the verge of getting silly. Not projected revs….tangible disclosed revs. And who knows what’s possible 2-3 quarters from now
So unprecedented revs means unprecedented leadership which means I get why people are gambling on progress elsewhere.
BUT yea sure it’s hard to beat the oil sector right now…not saying 100+ mil a year is going to happen like we’ll absolutely see here. But then again no one is doing numbers like that.
I just picture people being able to hold more stocks than 1….fat dilutive pigs that require social media excitement in order to move…that’s a lotto.
Speculating that the other one will eventually pay people is pretty reasonable. That’s all I was trying to say. Jmo
“Deserves”?
How do you even have the capacity to root against people in a tough market like this. In so many ways it’s good for you or anyone else when strangers win.
Plus there’s nothing wrong with being early. You’re saying it’s volume related to twitter it might be volume due to people realizing that the same ceo leads both companies. They both have nice SS’ and he’s clearly demonstrated an ability to get revs on his books while making use of his Rolodex.
In terms of risk/reward….liking hi*c isn’t exactly a wild idea
You might wind up looking smarter than most everyone lol.
You took the L but waited 30+ days to return means you can claim the L come tax time....but you circled back
If you see a good trade that’s two birds one stone
You’re right lol. The OTC is always crazy but I guess there has been a lot more crazy recently…you see stocks with mergers priced more cheaply than when they were vacant vehicles. And I see less of them now but 2-3 months ago I was seeing market caps that were lower than annual revs lol.
I kinda think people over complicate their trading. When you find something that isn’t diluting that’s about to start reporting revs and growth…it’s not a bad idea to kick back and let it build.
If you’re an intensely skeptical/conservative person you can at least bet on the floor rising while getting firmer
Almost not worth acknowledging when this IS gonna get back to walking and turning up...and it may very well see green today
But people that trade the way we’ve seen here are crazy lol....had a week and a half to peel 006+ and solid strength higher than that...if you wanted to free up money
Holy sht. So in my mind I was over here remembering “form 4s” but it was never form 4s? It was letter after letter saying he was doing that
Excuse me. I was just replying to you saying he didn’t buy in the open market and clearly I operated as though he did. I’m in a habit of thinking of disclosures as being “legally binding” but I guess I’m not used to someone being that ballsy
Yea this is next level....I’ll shut up
He did report them....over and over and over and over he disclosed form 4’s showing open market buys.
And if he held those and went underwater that might be his saving grace.
The hustle stopped making sense when the float kept growing. We should’ve been in a frozen state as negotiations took place but I witnessed the float grow 3-4 different times before I hit the road. It’s funny thinking back in my mind how much I didn’t like the sight of a 146 mil float turning into 152....considering this is a straight up bloated pig now. But the size of the growth wasnt the point
The point was that they were allegedly negotiating trying to close a deal, yet they kept diluting and selling into the buying interest. I wasn’t necessarily thinking “scam” I was thinking “huge dumb ass”....obviously if you were trying to close you would protect this vehicle and keep everything unchanged.
But obviously it wasn’t real.
I have no idea what story JG’s actions tell a person but in the broadest sense if you were speculating based off of what you saw disclosed (like me)....you saw an unusual amount of open market buying.
It seemed like he wanted to own a lot of PASO...which made a person think they were going to close a deal
But that was 1st qtr 2020 to early fall 2020.....this was a different looking piece after a certain point
He clearly is. He’s already communicated more than a person would’ve expected but hey that’s wonderful as far as I’m concerned
Boom there’s the change of control. So we can put IFXY in the column of “LOI’s that turned into a definitive agreement”
Goodnight
Yea. In short yes. You have a good night as well :)