Found this also in the INNX tock Report:
Gold Asset Backing and Coin Redemption Programs.
Infinite Networks Corporation has collaborated with Jupiter Financial Group for more than 10 years, and has developed an asset based collateralization strategy -- on a pershare basis, so as to provide security Infinite’s shareholders.
The Board of Directors ratified the current plan, which requires all authorized shares are to be supported / collateralized by hard assets so as to provide long term asset protection for the benefit of our shareholders.
Through a privately negotiated acquisition, which is similar in effect to a long-term lease, Infinite and Jupiter have negotiated, in behalf of Infinite, to acquire 5,000 Metric Tons of Gold Bullion to support Infinite’s stock and the Coin Redemption Programs.
What does this mean to current or new shareholders?
Upon the closing of the Gold Purchase Agreement, all common shares will become collateralized by three grams of gold bullion. Infinite is also planning to launch its Gold Coin Redemption program within the next 36 months. This will provide shareholders of record the opportunity to exchange their shares for gold coins. New shareholders of Infinite, whether via the November 2018 private placement offering, or through open market purchases will also receive the same benefits within 36 months of their purchase date. Shares acquired prior to November 2018 will automatically receive these benefits.
