Infrax Systems Inc (IFXY)

[theDolphin]

"The Company currently does not meet the definition of a “shell company” under Rule 405 of the Securities
Act of 1933 and Rule 12b-2 of the Securities Exchange Act of 1934 which defines a “shell company” as a
company that has 1) no or nominal operations and either 2) no or nominal assets, 3) assets consisting solely
of cash and cash equivalents or 4) assets consisting of any amount of cash and cash equivalents and nominal
other assets. However, the Company did meet the definition of a shell company as of the dates included in
the reporting periods."

Previous management = smoke shell bs
Current management = has operations, assets other than just cash

I hope Pineda lights up the market once this yield sign drops off OTC Markets

GLTA LONGS IN $IFXY