Ifinix Corporation (INIX)

[Bernanke_nomics]

Thank you.

Heres my take:

The company needs shares for cash.(Main Goal)
Any move is dilutive. (price of doing business thru shares)
I dont think that the short positions cant nor wont cover prior,
All this short babble is just that. (I only wish I could have)

What this leads me to believe, Op costs arent being controlled or are rising just based on the growing business. 1,2 or both?

We knew there was no possibility for a buy back... No money being made. (cash flow positive)

Personally, Id rather the company came out with an update on "Capital" or just plain came out and increased the authorized shares to say an even 388m with a "this is just how it is right now". (Less dilutive)

The 10th we go to 576 million A-S
12 m Preferreds @ 60 to 1
(not sure if the preferreds fall under the F-S?)

I find it dilutive and I would have left the investors out of it being so close to "seeing green by 3-4th Q's"
Thats like buying your kid a toy because it's making a scene vs slappin da stupid out of it... But then we live in an age of pacification....

Are things worse than we know??? 3rd-4th Q's will tell.

If they raise the A/S higher than the 2 for 1 then all bets are off. No reason to go higher except for cash. Last count they had 30+/- million shares left for cash? They need higher than 60 +/-million to continue??

I was weary of this.