1. Technical Analysis: Reverse head & shoulders forming in a big way: IMO sidways a (little) bit longer, if it is its up-up-up!
OK, thats cool but I find it hard to trust too much tech chart on pennies. There is the pump factor and a lot of non disclosed info to consider etc... vs tech charting on a full public company where you can attach full disclosed (cough) news and filings to an analysis. Are you sure this isnt a 3 headed monster? One thing we can securely use is that this company isnt the only one in this type of business. We can look at the competitors and guage through - financials, the economy and comparison of products to make any future investment decisions.
2. Fundamentally: Pink sheet stock-company has come through
with all they promised. Revenues coming in and will only get better as time goes on.
Ahhh but also the costs...This product isnt a one time download. They still have to pay fees/commissions and data service providers etc...
Revenues and how they use them is key-so far so good-few pinks can claim this. How have they been using the revenues? 1 question I have is. With this debt they have been relieved of, were there any cash reserves on hand / escrow for this debt that can be thrown to the kitty? The way the co. reported makes it look like there was cash set aside and they used it to offset losses. GAAP may allow this..?
Ive seen NASDAQ companies deliver on promises and still go flat... (especially on subscription based services)
Hope you stay around for the next year to see this exciting growth, whilst in the mist of post-recession. Right there Im wondering "huh"? Post Recession? Im not so sure that the worst has hit yet. But then maybe that is good for this company. Maybe just maybe - the pennies will be the next big trend?
And speaking of that its also amazing that Ben and co. can pull this whole thing off in the midst of all the hard times-simply amazing-only in America!
1.5) This isnt a high investment product nor company so using stock as cash isnt suprising "wala" the pull off.
(ex:all stock purchases of proactive/beckman)
a)They had to rehab the old product = increased
research/programming changes/time.
b) Complete the purchase of other companies 1 being the
holding company of island forex.. (I do believe they wanted
100% vs 82%.)
c)Not pulled off all the way yet... lets hope that new revs
can hold over the costs of transition for the new divisions
and more dilution isnt needed. (via warrants/authorized
share increase)
2.5) We havent seen any "new rev" from this pull off yet. Im hoping they had some previous commercial users sitting on the sidelines that will commit 100% when available. Right now it's
"realtime" next is "TRADER"
3.5) Is this product really "that much" better than others on the current market, or just cheaper? We will know maybe with the commercial accounts. The retail accounts are subject to monthly churn whereas Im thinking the commercial accounts may be contracted -at the least - quarterly to yearly.?
Right now, if one is looking for iFinix to become a full service broker vs a cheaper reliable data provider, than 1.00 by May probably looks obtainable also.. ("Oh no he di'int")
Good luck to you and yours.. :)-<
