Infrax Systems Inc (IFXY)

[W1OJ]

This thing barely reached a penny when it was PR-ing ICO, protus and coin exchange! No news, no filings, no assets so how this stock is going to hit a penny is not reality.

They have to announce a buyback of shares and that has not happened! No crypto, no coins, nothing!

I’d be wary of a R/S in the next 8-12 months. This could easily be dilution and market makers selling shares.
If you were in this stock around 2017/2018 you remember that with thousands of investors watching and the hype of a coin, pre-ICO and hyped coin exchange this took months to move to the .004-.007 range.

The other thought is this is going to be shorted to the max and people that just bought in in the .003 range are going to be left in the red. This stock has NO viable assets. I think a lot of today’s movement is based on new traders and emotional buying. If it turns out to be dilution from IFXY and this was the MM selling its shares that’s gonna be rough for anyone who got in above .002

Has anyone contacted ifxy transfer agent to get the total shares outstanding over the past 60 days and then we can determine if it’s being diluted?

IFXY moved less during their 2017/2018 PR blitz and now we have this!? Do your own DD