InvestorsHub Logo
Followers 505
Posts 6242
Boards Moderated 0
Alias Born 09/20/2006

Re: None

Monday, 02/19/2007 5:30:38 PM

Monday, February 19, 2007 5:30:38 PM

Post# of 131532
December Report from Chairman....

They set their sights high in 2007!

AMAICA, NY--(MARKET WIRE)--Dec 14, 2006 -- The Board of Directors of iFinix Corporation (Other OTC:INXR.PK - News) today issued the following shareholder update.

Dear Valued Shareholders:

With 2006 coming to a close, it is an excellent time to review the milestones the company has achieved this year, which the management believes positions iFinix for significant growth in 2007.

1. We obtained interim financing to stabilize operations and streamlined expenses, and at the same time maintaining a moderate level of dilution.

2. We filed out 15c-211 in November 2006 as the first step to be a fully reporting company with a view towards a listing on a more visible exchange.

3. The company reached significant milestones in the development and proprietary design of the Phoenix Suite of Products. We have launched our first product, Phoenix Analyst, which will be available to individual investors, broker dealers, and institutions. We are confident that we will achieve significant market penetration thru the distribution channels we are currently putting into place.

The Company is in the process of implementing the following for 2007:

1. Securing sales agreements with brokerage companies;

2. Securing joint venture agreements with broker dealers;

3. Listing the company on OTCBB and with Standard & Poor's;

4. Creating a brand name for iFinix in the financial industry;

5. Consumate acquisitions of target companies with whom we are currently negoiciating.

Despite the usual obstacles that typically present themselves to growing companies, we have maintained our resiliency and used all of our industry opportunities for the Company's strongest possible fundamental progress. At this time I would like to thank our shareholders for your continued support and loyalty. It is the management's mandate to deliver a strong and viable company and to enhance shareholder value in 2007.

Sincerely,

Drew Budhu, Chairman