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QNXC is no longer shown in the JFG website. I wonder why ??
Looking at the November stock Report, right at the beginning it states that they don't own the gold they are leasing it. Not sure if I like that.
5,000 metric tons works out to 166,666,666 million shares if they issue 3 grams per share. After 3 years they better get more gold to cover all the extra shares they want to add.
That math would be correct
I believe what John is talking about is if you look in the jfg groups website under the title of INNX AT the bottom you will see an added page for the "market report of 2018" he just added I've been unable to open it with my phone at this time hopefully someone can open it and tell us what's it involves
News updates, baby steps
The last news posting wasn't till the end of August. For 2 months apart, we still have 10 more days. Over the last 6 years when has John ever been on time.
Interesting, 3-4 weeks ago when i spoke to John he talked about having a meeting with the financial backers. I wonder if this latest news post is based on that meeting. Time will tell.
I spoke to John on Friday and he informed me that when it comes to the sponsors to hand over the money that they are reluctant to hand it over. Some word on progress should come this week from them. Hopefully will get positive word by the end of this week.
I noticed the same thing as if he was ready to post a news update and suddenly he had to stop. I'm guessing within the next 7 to 10 days we'll have our answer in regards to an update on the news. Maybe the news in regards to the gold transfer was not complete yet. Any thoughts that you might have would be appreciated.
Personally i would first ask are you looking for a long term investment or short term. If you break each company down over the last 6 - 7 years there are differences. Over 6 years QNXC has had 2 single days of 1 million or more shares traded. March of 2013 and just 2 weeks ago. Infinite has non. Historically QNXC HAS shown more days of activity over the last 6 years. Whats interesting is INNX future share increase is from 250 million to 1 billion shares. QNXC is 2 billion and increasing to 5 billion share. What interesting is the company is projecting the number of investors in each company. QNXC is 20,000 and INNX is 5000 . For me a short term investor might go with Infinite first sense is to start sooner and filing with the SEC is already done. QNXC is cheaper to buy and get 2 for 1 on amount of share right now and with a history of more movement, and 4 times more investors projected. The chances of the stock getting over valued on a fun up is far greater. Just a thought.
You need to go to the web site called "the JFG groups .com , John is there .the whole company has been restructuring.,both Infinite and Qenex Communications. Also at the top of the web site page is John's phone #. Give him a call,he will answer your questions.
I spoke to John about 4 time on the phone. He seems to be very level headed. He never pushes the stock for me to buy more. Always about the company. What he's told me 2 years ago has seemed to be panning out. What's strange is that here Infinite is the mom company and to be first to start production, but it's Qenex that seems to show the most activity. What is your take on John. Right now I'm sitting on 1.1M share that i picked up at .002. I dont think you can get much lower then that. Time will tell.
Right now there's no given time line as to what will come first. The increase in shares or will the gold come at the same time or at a later date. Depending on how it plays out,Qenex is looking at a dilution of 2.5x
Where Infinite dilution is 4x. 250M increase to 1 Billion. If the gold comes at a later date,there will be a large drop in the value of the stock price. Im curious how did you hear about either company. My attorney brought me to the attention of these companys.
I must apologize for a nath error. .025 grams of gold per share works out to $1.075 per share. Please except my apologies.
I have been with this stock sense 2012. Alot has changed as resent as 2016. I have spoken to John Bush by phone many of times. He seems to be on the level every time i spoke to him. Everything that has taken place so far is what he told me would happen 2 years ago. Remember back in 2004 -5 the stock traded for .51 cents. Will it make it back is anyones guess. John only likes posting updates when there is news to post. Normally i see postings ever 3 -4 months. I was surprised to see this last one so quickly,only 4 weeks apart. I take it as a good sign of things to come.
If i did the math right,going from 2 billion shares to 5 billion is a 2.5 time increase. Gold is about $43.00 a gram right now. At the low end of .25 grams per share we are looking at $10.5 - $11 a share before the 2.5 share increase. With all that said at a 2.5 % increase of share that will cause smaller pieces of this pie,this will place us somewhere around $4.20 a share before any Revenue is generated.we also dont know a time fram as to how long this might play out.
I believe the reason the volume was so high was because of the posting of grams of gold per share and the increase,and updated share 5hat will be issued in the near future. Look at the JFG Groups web site under the menu tab for each company. Qenex will increase from 2 billion shares to 5 billion. There will be .025 grams to 2 grams of gold per share to back the stock.
Hello my friend. The link of the page that you offer has been deleted is it possible to give us some insight as to what was on the page thank you very much
New update. July 9th. Everything still on track for start up for energy generation in the 3rd. Quarter. Also posting of the financial reporting for 2004 and 2005 year.
Updated news post on the JFG Groups web. Site
Not sure what was up with trading over the last to weeks. Today was the first missed traded day in the last 11 sessions.at the same time ,Infinite traded only twiced and this is the mother company.
Ehy not call JB yourself and ask him that. The phone # is at the top of the eeb page for the JFG GROUPS web site. He will answer. I've talked to him many of times.