Ifinix Corporation (INIX)

[Bernanke_nomics]

I read through this report and it is very, very encouraging. I did not see any "gimmicks" that lead to the minimal $7,000 loss. They settled outstanding debt of $578,922 which was significant and REAL savings. I was not able to identify any skeletons that may inhibit the pending growth.
INIX is being managed tightly. This is as opposed to some pink sheet companies that are in "raise more capital" mode and keep a full staff with everything being bet on the future. Instead, INIX has nine employees. This is a company that is genuinely in its infancy. The loss per share, when rounded, was zero compared with minus $0.05 per share a year ago.

Very very encouraging???????
prior to reading the actual report, just going off the news release I though they maybe had a great quarter of increased revenues....... They did do better than the the 3rd Q 09.

BUT, here comes the but........ Their loss from operations was double that of which they estimated to the company they had do a 3 year analysis. This debt "forgiveness" and poss pay down (thru shareholder equity-stock) is a 1 time deal unless they plan on using the rest of the approved shares to pay all the bills.

Lipstick on a chicken just make a pretty chicken!

I really wish I could have started with the pump but......
The lack of interest right now is not encouraging at all.
Maybe 3rd Q?????????????