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Saturday, January 27, 2018 9:32:27 AM
Greetings. I believe that if another 3 billion shares are churned through at an average of at least 150 million per day then it will take 20 business days to get to (a stable) 10 cents a share.
This may take longer because many investors have taken profits and only need to sell fewer shares now because their risk is eliminated. This means that the type of investors that need to come in at 3 to 5 cents a share are those who are looking for 5% to 50% yields on larger investment amounts or investors who believe it can go to 50 cents and $1 who look for 4x and 8x returns. Look at the Level 2 chart from your brokerage and you can see real time how the number of trades per minute have increased but the number of shares in each trade have decreased. This is a sign of more new investors and current investors holding shares (or market makers forcing smaller buys in order to increase trade fees).
If you set the current price at $.008 (I think it will pop on Monday from $.0066 from the 20 million share dump error) and you subtract $.10 then you get .092 difference. .092 / 20 days = $.0046 (half a penny) rise per day. That's a yield of 57% per day at $.008 down to a 5% yield at $.10. Thus in 20 business days (by March 1) Infrax needs to bring another (good) ICO on board or have a successful ICO with the current 1 or 2 companies they have to make the stock go past 10 cents a share.
Go to otcmarkets.com, search IFXY and click on company profile button.
This is the updated data
There are 5,530,894,237 outstanding shares of which
3,542,063,574 shares are restricted and
1,988,830,663 are unrestricted.
Restricted shares can mean that either the holders of the shares cannot sell for a period of time or it can be a statutory grace period when new shares are created. These holders of shares typically get these shares under some shares or debt for services agreement with the company. Because there are 3,542,063,574 restricted shares as of January 22, 2018 as shown on otcmarkets.com and as of December 29, 2017 there were only 113,543,574 restricted shares (as shown on investor hub), its seems impossible or rather unfeasible to be debt for services so I assume that the company will be releasing these shares to raise capital for itself.
They will not release them all at once but it will be like a new investor is selling shares and will slow down the stock price rise (and even reverse it if the company really needs more money). The main way for the stock to keep rising steadily is if the company can counter it with successful Initial Coin Offerings (ICO) and new companies coming on board to do ICO's in a sequential fashion. The fact that they are trying to help companies come aboard the ICO bandwagon instead of them being a pure ICO itself allows Infrax to essentially become a multiple ICO company which is good and each company is newsworthy.
Also the restrictions don't apply to you or your stock buying ability. They are just for the new stock that the company created. Best thing to do is buy now and bet on a 10x return (to 10 cents). Sell enough at 2 or 3 cents to cover you principal investment. It can go to $1 but the company has to bring aboard more valuable ICO's (I would say 4 to 7) and appeal to lower yield seeking investors or people who just want in on cryptocurrencies (which is a bonus).
This may take longer because many investors have taken profits and only need to sell fewer shares now because their risk is eliminated. This means that the type of investors that need to come in at 3 to 5 cents a share are those who are looking for 5% to 50% yields on larger investment amounts or investors who believe it can go to 50 cents and $1 who look for 4x and 8x returns. Look at the Level 2 chart from your brokerage and you can see real time how the number of trades per minute have increased but the number of shares in each trade have decreased. This is a sign of more new investors and current investors holding shares (or market makers forcing smaller buys in order to increase trade fees).
If you set the current price at $.008 (I think it will pop on Monday from $.0066 from the 20 million share dump error) and you subtract $.10 then you get .092 difference. .092 / 20 days = $.0046 (half a penny) rise per day. That's a yield of 57% per day at $.008 down to a 5% yield at $.10. Thus in 20 business days (by March 1) Infrax needs to bring another (good) ICO on board or have a successful ICO with the current 1 or 2 companies they have to make the stock go past 10 cents a share.
Go to otcmarkets.com, search IFXY and click on company profile button.
This is the updated data
There are 5,530,894,237 outstanding shares of which
3,542,063,574 shares are restricted and
1,988,830,663 are unrestricted.
Restricted shares can mean that either the holders of the shares cannot sell for a period of time or it can be a statutory grace period when new shares are created. These holders of shares typically get these shares under some shares or debt for services agreement with the company. Because there are 3,542,063,574 restricted shares as of January 22, 2018 as shown on otcmarkets.com and as of December 29, 2017 there were only 113,543,574 restricted shares (as shown on investor hub), its seems impossible or rather unfeasible to be debt for services so I assume that the company will be releasing these shares to raise capital for itself.
They will not release them all at once but it will be like a new investor is selling shares and will slow down the stock price rise (and even reverse it if the company really needs more money). The main way for the stock to keep rising steadily is if the company can counter it with successful Initial Coin Offerings (ICO) and new companies coming on board to do ICO's in a sequential fashion. The fact that they are trying to help companies come aboard the ICO bandwagon instead of them being a pure ICO itself allows Infrax to essentially become a multiple ICO company which is good and each company is newsworthy.
Also the restrictions don't apply to you or your stock buying ability. They are just for the new stock that the company created. Best thing to do is buy now and bet on a 10x return (to 10 cents). Sell enough at 2 or 3 cents to cover you principal investment. It can go to $1 but the company has to bring aboard more valuable ICO's (I would say 4 to 7) and appeal to lower yield seeking investors or people who just want in on cryptocurrencies (which is a bonus).
