Infrax Systems Inc (IFXY)

[jatikos]

Should we forget this? Talari on June 22:
The decision on the reverse split was based on the following considerations;

1- Ongoing Sub-Penny manipulation by the market makers and larges retail traders, hedge funds and pumpers.

2- Lack of legitimacy of companies belonging to the sub-penny equity world.

3- Lack of funding from legitimate sources for expansion purposes.

4- Lack of ability to hire quality employees, consultants and executives.

5- Negative associations of a sub-penny company with our current portfolios such as Prutus, MoMu and ICOHubs.

6- Limited to non-existence acquisition strategy for a sub-penny company.

7- Other important factors including OTCQB and OTCQX qualification rules.