Ifinix Corporation (INIX)

[Pennylicious555]

Quarterly Report says RealTime on schedule and profits coming:

* "The company's goal is to release our redeveloped iFinix RealTime software which is on schedule to be released before the end of the year."

* "The financial condition of the company as seen in the recent financial statements shows that the company's revenue continues to grow due to increased marketing and new strategies being implemented in its subsidiary iFinix Futures. Despite the increase in revenue the company continues to be at a loss, HOWEVER MANAGEMENT BELIEVES THAT WITH THE RELEASE OF ITS REALTIME SOFTWARE REVENUE IT WILL ELIMINATE QUARTERLY LOSSES IN THE FUTURE."

* iFinix Futures Commission increased sequentially from $78,193 to $82,107

* Total Revenue increased sequentially from $101,531 to $106,504

* Cash & Cash Equivalents increased sequentially from $70,846 to $129,047