Raising A/S. I hope this was not a surprise to any.
990,000,000 is still not that big of a number.
Of course they need cash as most of you have stated they probably won't have a positive quarter. That means no cash to build their business. This is not Ben's fault he has taken a broken company and is in process of bringing it into a respectable company.
They pretty much stated this A/S increase happening in the 2011 goals. Let me show you
Again put this into perspective that we all know they are not bringing in cash to cover these expenses at this point.
Accelerate growth and revenues by increasing the marketing budget. CASH NEEDED, but a very positive way to spend it.
Use print and web-based media to increase awareness of the company and its services to the investment community CASH NEEDED, but again very needed.
"2010 was a year of building our infrastructure, we now have successfully launched three separate divisions CASH NEEDED, obviously!!!
Additionally, the company is in the process of getting its stock back into the DTCC system as soon as possible. CASH NEEDED!!!
To launch iFinix Software's trading platform eFinix, which will be offered as a web based product, making it accessible wherever there is an internet signal. The company is particularly confident that eFinix will stand up extremely well against the rest of the competition. CASH NEEDED, I think they need to release this and not wait because people need a good trading platform. I feel they have great programmers and this will work very successfully, and this is needed to compete!!!
Implement the strategy to develop iFinix Capital into a self-sufficient and profitable subsidiary -- The Company will work diligently to build the retail side of iFinix Capital and to develop an entity which will provide full service brokerage for the long-term investor, offering stocks, bonds, mutual funds and retirement planning. Additionally, iFinix Capital will provide top of the line service and cutting-edge technology for self-directed online trading accounts. CASH NEEDED!!!
This share price may go down over the next month or so. Fine if that's what it takes. The lower it goes the more shares I get. I still believe in what BENHOPE is trying to accomplish here. Whether everyone else here agrees or not this is where I stand with the same opinion as I had months ago when I started watching this company.
Sincerely
LTI
AI
