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Re: None

Saturday, 02/03/2007 11:59:25 PM

Saturday, February 03, 2007 11:59:25 PM

Post# of 131532
Bizzy,

Let's re-visit your previous post about the number of subscribers to Ifinix's products. Let's use a conservative subscriber number of 100,000 and use the base fee of $60 which gives us revenues of $6 million. Now, let's multiply the $6 million in revenue by an understated profit margin of 30% and you get a figure of .0012. Multiply the "book value" of .0012 for INXR by a conservative multiple of 20 for a software company and you get a share price of $0.024. Personally, I beleive when you factor in emotion and momentum we will be trading much, much higher than this in the not too distant future especially if we are successful in forming a JV with a major brokerage firm that will market our technology to its customers.