Ifinix Corporation (INIX)

[Bernanke_nomics]

It is not due yet. I believe year-end reports are due the 15th of the fourth month after year-end. Also, I believe that they are a pink sheet company because they do not report AUDITED financial statements. Instead they report compiled financial statements to Pink Sheets.com

msg# 115320


I wonder if all this buying is because everyone thinks the full year 09 report is going to blow out the companies own estimates.. (company estimated a loss of 259K) Unless the company pulled in a boatload of new revenue in the 4th Q or lowered the shareholders debt of 8mm, it should be in line with what the company predicted. From Aug 09 to Jan 10 the shares out went from 93.8 mm to 190.5 mm. (info from the Mods previous DD sticky notes) The balance between warrants and debt/purchasing is unknown.
The full year report, by no doubt, should be better than the 08 10Q.
As far as I remember, iFinix's 1st Q ends tomorrow and if they have a 1st Q report out before the EOY 09 report, then....
All we as investors can do is hope that the product beats the competition and becomes well known in the current marketplace.

May is 30 days away, I can almost smell that $1.00 PPS...