Infrax Systems Inc (IFXY)

[ForReal]

THE LATEST....
On the Future World Face Book page, it has been stated that Sam has sold 20% of "HIS" interest of Lockwood (Verecis) to Future World Energy for $1.

Not quite sure how much interest in Verecis Sam holds. After going back thru the filings, Infrax bought a 70% interest in Lockwood (Verecis) from Daedalus Capital, LLC back in 2011. Don't know if the remaining 30% was purchased by Sam or held by Daedalus? Because Daedalus has entered into the lawsuit with Infrax, I have to assume they still hold some interest.

I am just wondering if Sam thinks HE owns Lockwood because he is affiliated with Infrax?

This whole bag of shenanigans is getting ripe for one of those SEC investigations that are going on with the MJ companies of the OTC. I would be really wary if I were holding sister company stock. So far, that spinoff was used repeatedly to entice investors to but IFXY shares. And I now believe that Sam was never going to give up control of Lockwood to IFXY share holders. Actually, it is the only company of the whole bunch that has any revenue to speak of. And now, the Lockwood (Verecis) name is being used to lure investors to the sister company (Future World) as well. With the most recent suspension of PHO?, I would be real wary of holding any shares of the "Sister" company, let alone buy any of it.