Ifinix Corporation (INIX)

[Bernanke_nomics]

EDIT.....Heyyyy Buddayeeeee, I know ya been waitin fer dis:

HAHAHAHA...........

52,585,060 shares were not surrendered. Which means that once reconciliation has been completed, the OS will be reduced by 105,170,120 shares (52,585,060 x 2). Once reconciliation is completed, the new OS will be 585,748,322.

OK so, If these 52.6 M. shares/cert's were not surrendered by OCT 30 2010 and were then voided... (?) How/why are they part of the "DIVIDEND" /split- new outstanding total?
We have to look into the "voided" part. Are these certs now worthless? For all we know it could be a company that received restricteds for services rendered that since went out of business? Even then, if the certs were not properly handled presplit then post split they would at the least remain the same amount, no? If voided then 52.6M erased... no?


12-07-2010
The OS is 691,918,442 (ouch)

November 15,2010 Q3
iii) Number of shares
outstanding; 636,362,886
HMMMMMMMMMMMMMMMMMMMMMMMM...........



This means, that the brokers can no longer trade the stock electronically between each other. Instead, they must trade their paper certs through the TA

Thats got to be a giant pain in the butt for old "Mark", no?
paper shares..... thru the TA.... INIX can afford such a service?

Ultimately, what this means is that until iFinix is an SEC reporting company they will not be allowed into the DTC

http://www.dtcc.com/

Search ifinix on that link.. It shows up with the D and then without. (I saw nothing as INIX removed) I believe links were provided by someone a while back concerning the DTC/INIX..

Now, Im not saying my theories above are right nor am I saying you are giving false info (this time) but....
Cmon man, you have to provide more than just the same old "hearsay"..... It's been proven inaccurate numerous times.

I hope you are right and 105.2 M. shares can be reduced from the Shares Out you gave today.. Still be kind of a disgusting number but not AS disgusting

but if it stands the test of traders I think it will do very well and make some pretty good money.

Woody, lets hope so huh? Cause If it does anything like (Pro)Futures, we am in a world of hurt. Costs need to be contained and hopefully now that the main subs are running that can be accomplished?? (cause da economy is improving they say) :)

I wonder how many cusotmer's will look to Ifinix Capital as an alternative?

Wall.. Im wondering if this was the plan? Get all 175 +/- investors to open an account???? Hey, If they can compete with the discount brokerages fees, It might work? Realtime will have to be given for free with the L2 being a charge but, ya never know. ?? Things that make ya go HMMMMMMMMMMMM.........

Anyway, I had "hoped" (hahaha) the PPS would have done something today with all the built up anticipation.. but...

SURE!!!!!

More waiting....

Blah Blah Blah.........

Chuckle Chuckle....

:)

EDIT:
The 52+ million shares that were not returned are now void. Post-split that is double the amount that are now voided and will be subtracted from the OS


OK so we will "split" the voided worthless shares because???
CMON!!!!!!!!!! That sounds nutty dude. Werent we waiting on OCT 30th for the split #'s to be finalized? What ever got in was split then kaplewieeeee what wasnt? We need some facts on this one!!!!!!!!! Maybe a lawyer can get the whole story?

UNREAL