InvestorsHub Logo
Followers 119
Posts 1758
Boards Moderated 0
Alias Born 11/03/2006

Re: None

Saturday, 05/31/2008 7:49:14 PM

Saturday, May 31, 2008 7:49:14 PM

Post# of 131532
Dear Steven,

The only thing that prevented INXR from popping to over a penny from a hundredth of a cent last year as the share structure was previously structured was the wild and excessive dilution of the company from 1.3B right on up to 11B shares last year.

I did sell out when I was convinced the selling pressure was on and it was coming from the creeps who run iFinix. What you've got entirely wrong is they were the first big sellers, not me. I came in later and when I sold I stepped back and let the dust settle for a half year just in case the company did deliver a miracle. At that point, I no longer believed it was going to happen, but to give remaining shareholders the benefit of the doubt and a chance for it to rise again, I zipped my lips.

But when it was totally clear everything that might have salvaged the situation was doomed, including the much hyped financials being garbage and the share count ballooned out of control I knew this would never be legit and nobody should be suckered into it again.

They assured the public they weren't diluting. Remember that? Of course, everyone knows they lied to the public for over a half a year claiming they were not diluting while that is exactly what they were doing.

Drew can whisper in your ears all day long about the truth, but the public has the real truth and whatever you or I say is a commentary on it. At least I stick to the facts.