Ifinix Corporation (INIX)

[foreontee]

I'm supposed to feel this is a good thing from this latest press release that this BUD WHO guy is proud to announce he has produced a filing of financial results???? For the period, the company reported a net loss of $696,153. This loss includes stock-based compensation, a non-cash item, of $20,000 and non operating loss of $338,222.

iFinix Chairman Drew Budhu said, "iFinix is pleased to announce the filing of the financial results for the second quarter of 2007, which ended June 30. This milestone marks the completion of the promise that the company made to its shareholders at the beginning of the year."

"With this filing, iFinix has brought all its filings up to date," Budhu said.