Thursday, September 09, 2010 9:13:33 AM
(From 8/12)
Some key points of our conversation:
-10K is due out in about a month and will reflect Trimax Wireless revenue. (This was my main question. Remember, $6MM expected this fiscal year.)
-Working with a Marketing firm right now to re-brand Infrax, Inc. This includes Co. web site and other forms of marketing material that will reflect the new direction of the company's Smart-Grid initiatives. We can expect to see this taking place within the next three weeks or so.
(True to his word. Reference recent Vivid Infusion PR. )
-There is no current dilutive financing currently taking place.
(No signs of it. )
-No plans for a stock "marketing campaign". Paul believes the filing will speak for itself . (Very nice!)
-No plans of a reverse split. Planning to up-list to AMEX or other big-board when the time is right.
-Trimax accepted restricted shares from Infrax in the acquisition agreement that cannot be sold for a year and are bound by the "Lock Up and Leak Out Agreement". (Reference 8-K Filing: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7369079)
They did this because they fully believe Infrax's unified solutions for the Smart Grid is a "slam dunk" business plan. This agreement was a win-win for Infrax, it's shareholders and Trimax.
That's the gist of it.
This is the first phone conversation I've had with Paul. I was very impressed how professional and well-spoken he is. He told me to feel free to call any time. His communication thus far has been excellent to say the least.
We're looking good here folks. Go IFXY!
BC
That gibberish above is MY own opinion. Go get your own!
Charts NEVER Lie.
http://investorshub.advfn.com/boards/board.aspx?board_id=12543
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM