Ifinix Corporation (INIX)

[Bernanke_nomics]

No working website along with

Pink Sheets Limited Information Tier:

/Designed for companies with financial reporting problems, economic distress, or in bankruptcy to make the limited information they have publicly available. The Limited Information category also includes companies that may not be troubled, but are unwilling to meet Pink Sheets' Guidelines for Providing Adequate Current Information. Companies in this category have limited financial information not older than six months available on the Pink Sheets News Service or have made a filing on the SEC's EDGAR system in the previous six months./


http://www.otcmarkets.com/stock/inix/quote
http://www.otcmarkets.com/otcguide/investors_market_tiers.jsp
http://www.otcmarkets.com/content/doc/ps/Disclosure/Guidelines/2.pdf







Quarterly report for June 30th 2009 listed on Aug 6th 2009
Attorney Letter with Respect to
Current Information June 30, 2009 listed on Sept 3, 2009

Quarterly Report Sept 30, 2009 listed on Nov 20, 2009
Attorney Letter with Respect to
Current Information Sept 30, 2009 listed on Nov 23, 2009

Annual Report Dec 31, 2009 listed on May 10, 2010
No attorney letter listed as of 6-11-2010

Quarterly Report Mar 31, 2010 listed on May 18, 2010
No attorney letter listed as of 6-11-2010

Listing FAQ's :

What are the requirements for the Limited Information tier for companies who follow the Alternative Reporting Standard?

The minimum requirement is a financial report, posted through the OTC Disclosure Service, that contains a balance sheet, income statement, and total number of shares outstanding. This information must be for a period end date within the past six months. Financial reports do not need to be audited but must follow US GAAP. The number of outstanding shares must be in the financial report even if the information is updated on the Company Info tab on www.otcmarkets.com.

What are the requirements for initially getting to the Current Information tier for companies who follow the Alternative Reporting Standard?

Issuers must post an Initial Company Information and Disclosure Statement pursuant to Section One of Pink OTC Markets Guidelines for Providing Adequate Current Information (including financials for the most recent period end and previous two years), as well as an Attorney Letter following Pink OTC Markets Guidelines for Attorney Letters with Respect to Adequate Current Information. A signed Attorney Letter Agreement along with a copy of the attorney’s identification must be on file with Pink OTC Markets in order for the Current Information review to begin.

How does a company maintain Current Information through the Alternative Reporting Standard?

A company must post Quarterly Reports, following Section Two of Pink OTC Markets Guidelines for Providing Adequate Current Information, within 45 days of the quarter end, and Annual Reports, following Section One of the Guidelines, within 90 days of the fiscal year end. The company must also post Attorney Letters every quarter no later than 30 days after the due date for the Quarterly or Annual report.

Which Section of the guidelines does a company follow if the company wants to return to the Current Information tier once it has fallen to the Limited Information tier?

If a company has previously qualified for the Current Information tier within the past year, they may follow Section Two of the Pink OTC Markets Guidelines for Providing Adequate Current Information for Quarterly Reports. If it has been more than one year since the company was in the Current Information tier, the company must follow Section One of Pink OTC Markets Guidelines for Providing Adequate Current Information. Annual Reports must always follow Section One.


http://www.ifinix.com
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Famous Quotes:

June 11th 2010
.01 by end of day-

Jan 2010
The pps will not stay below .05 after this week so you best get in early.

Aug 09
No way the pps is below a dime in a year. B Warrant holders will see a 10,000% gain once they mature. No way I dump all of mine at once. I'll sell off 10,000 a week so the pps does not take a hit.