Ifinix Corporation (INIX)

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OTCPicks.com: OTCPicks.com Daily Market Movers Digest Midday Report for June 20th DHNA, ACUR, EBFD, INXR, NSHV

Jun 20, 2007 (M2 PRESSWIRE via COMTEX) -- Our Stocks to Watch today include Dhanoa Minerals Ltd. (OTCBB: DHNA), Acura Pharmaceuticals (OTCBB: ACUR), EBenefitsDirect Inc. (OTC: EBFD), Ifinix Corp. (OTC: INXR), Nashville Records (OTC: NSHV)
DHANOA MINERALS LTD (OTCBB: DHNA)

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Dhanoa is a production stage company formed for the purpose of acquiring, exploring, and developing natural resource properties. Activities during the production and exploration stage include further development of the Company's business plan and raising capital. The Company has recently initiated a new program to evaluate undervalued assets for potential addition to its mineral claim portfolio.

DHNA News:

June 19 - Dhanoa Minerals Modernization Effort Producing Additional Revenues of $5,500,000 From ''Tailings''

Dhanoa Minerals, Ltd (OTCBB: DHNA)(FWB:D7Z) announced today that the company is re-processing "tailings" at its recently acquired "Spanish Plant."

Tailings are the raw ore material remaining after the gold and silver extraction process has been completed. Tailings often contain precious metals, which are nearly as valuable as the already processed metals.

While difficult to exactly estimate the value of tailings left behind at the company's mining properties as well as at the company's newly acquired refining and processing Spanish Plant, initial results indicate that the tailings contain a minimum of 1.7 grams of gold and as many as 6 grams of silver per ton. The dollar value of the reprocessed tailings could amount to as much as $37 per ton.

Based upon current production of 500 tons per day, the tailings could be worth a minimum of $18,500 per day as additional revenues, which equates to an additional $5,500,000 per year.

As mining techniques become more efficient, and with the implementation of modernization practices coupled with the increased market price of gold and silver, reprocessing additional minerals, previously more difficult and costly to extract, has become increasingly economically feasible.

In addition, re-processing tailings serve to restore some of the ecological damage caused by traditional mining practices.

Mr. Lee Balak, President of Dhanoa stated, "Native Ecuadorian mining methods are very crude and inefficient. They leave behind a significant amount of tailings that Dhanoa Minerals can now profitably mine. Re-processing these tailings will provide substantial added revenue for the company. We at Dhanoa Minerals are committed to environmentally-conscious mining practices. We believe that reducing the harmful environmental effects of gold and silver mining to be in the interest of both the citizens of Ecuador, as well as our shareholders."

ACURA PHARMACEUTICALS (OTCBB: ACUR) "Up 23.46% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/ACUR.php

Acura Pharmaceuticals, Inc., together with its subsidiaries, is a specialty pharmaceutical development company engaged in development of proprietary abuse deterrent, abuse resistant and tamper proof formulation technologies (''Aversion(r) Technology'') intended to discourage abuse of orally administered opioid analgesic products.

ACUR News:

June 19 - Acura Pharmaceuticals, Inc. and FDA Reach Agreement on Special Protocol Assessment for Pivotal Phase 3 Study for OxyADF Tablets

Acura Pharmaceuticals, Inc. (OTCBB: ACUR) (the Company) recently announced it has reached agreement with the US Food and Drug Administration (FDA) on a Special Protocol Assessment (SPA) for a pivotal Phase 3 trial of OxyADF Tablets. A SPA is a process in which the FDA provides evaluation and guidance on protocols for Phase 3 clinical trials. The FDA's agreement to the SPA confirms that the design, primary endpoint, and planned statistical analyses of the study adequately addresses the requirements supporting a New Drug Application (NDA) submission for OxyADF Tablets. The FDA previously communicated to the Company that only one successful Phase 3 pivotal study will be required prior to NDA submission. While there can be no assurance as to the safety or efficacy results of the Phase 3 trial for OxyADF Tablets, if the Company follows the agreed-upon protocol, then much of the uncertainty associated with the design of this study should be removed. A SPA is binding upon the FDA unless the trial protocol is changed by the Company or a substantial scientific issue essential to determining safety or efficacy is identified after the testing begins.

EBENEFITSDIRECT INC (OTC: EBFD) "Up 25.81% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/EBFD.php

Ebenefitsdirect, Inc is a nationwide leader in the direct marketing and distribution of a wide range of health and life insurance products to individuals, families and groups. Ebenefitsdirect, Inc. has revolutionized the way health and life insurance has historically been sold. Ebenefitsdirect, Inc.'s approach is through many mass distribution areas such call centers, the internet and massive lead generation programs. Ebenefitsdirect, Inc. is a fast growing direct response marketing organization and Technology Company. By utilization of its many call centers across the country it enables an individual to efficiently purchase health and life insurance as well as medical and discount service programs.

EBFD News:

June 18 - Ebenefitsdirect, Inc. Announces Two-for-One Stock Split: Stockholder-Approved Split Designed to Improve Capital Structure

Ebenefitsdirect, Inc. (OTC: EBFD), a nationwide leader in the direct marketing and distribution of a wide range of health and life insurance products to individuals, families and groups, announced today that its Board of Directors has ratified a proposed payment of a common stock dividend; all shareholders on record as of June 18, 2007 are eligible to receive one (1) additional share of common stock for every common share held by the shareholder. The Board of Directors announced that the stock dividend will be paid and effective on June 18, 2007, subject to NASDAQ approval of the effective date. Stockholders of record on June 18, 2007 will be entitled to receive the common stock dividend payment. Payment of the dividend will not require an increase in the total number of the Company's authorized shares of common stock. No exchange of certificates is required and the Company intends to retain its current trading symbol.

"Ebenefitsdirect, Inc. is entering into a strong growth phase," said Randy Schleger, President of Ebenefitsdirect. "When a company executes a forward stock split from a position of strength, it can have very positive results, including increased investor interest, improved stock liquidity, and reduced administration costs. We believe it is the right time to take this additional step in improving our equity structure, which, together with the successful changes we have already made, should benefit our stockholders."

IFINIX CORP (OTC: INXR) "Up 20% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/INXR.php

Ifinix Corp. (OTC: INXR) provides direct-access, real-time trading and information systems to financial services companies. Its global IT solutions and services subsidiary, R&B Computer Systems, Inc., provides Web design, execution and maintenance, e-business solutions and enterprise-wide software for large and small organizations. Its subsidiary, R&B Software Solutions is a leader in the Indian market, providing businesses with systems integration, network integration, software solutions and IT services. For more information, please visit http://www.ifinix.com INXR News:

June 20 - iFinix Corp. Makes Free Subscription Offer to Shareholders for iFinix RealTime Information Platform, When Launched

iFinix Corp. (OTC: INXR), a provider of real-time financial information and services to active traders and to the securities industry, announced today that iFinix shareholders of record as of June 18, 2007 are being offered a free subscription for three months to the iFinix RealTime Information Platform, when it is officially launched at the end of the second quarter.

Shareholders of record as of June 18, 2007 can participate in the program by signing up on the company website. Qualified shareholders that already have a one-month trial subscription, which has been confirmed by email, will receive an additional three-month free subscription, for a total of four months. This offer does not include the commission costs.

iFinix Chairman Drew Budhu said, "iFinix is unusual in the number of its shareholders who are potential customers. These loyal supporters deserve to be rewarded for their confidence in the company with this free subscription offer."