Monday, January 03, 2011 7:21:19 PM
iFinix Capital was launched four months later than initially announced in early July. Several of the PRs released after the Capital launch, IMO, were fluff and had no impact on the share price.
IMO, the large dumping was the result of restricted shareholders unloading their shares. I do not believe the company could have done anything to prevent that from happening. The restrictions were lifted and they dumped, thus forcing the share price down. The dumpers, as I previously posted, were most likely the folks issued large amount of shares at absurdly low share price [.0001 - .0003] in late 2009.
Now it is up to the company to get the stock moving up again. You are correct, time will tell.
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