goals for 2010
Mar 11, 2010 09:53 ET
iFinix Corp. 2010 Outlook
PLAINVIEW, NY--(Marketwire - March 11, 2010) - iFinix Corp (PINKSHEETS: INIX), a provider of real-time financial information and services to active traders and to the securities industry, today released its Company Outlook for 2010
After having achieved all its goals set forth in the Company's 2009 Outlook, iFinix stands ready and able to take a quantum leap forward in the year 2010. The goals for 2010 fall generally into 4 main categories.
The Goals
1) Bring widespread consumer awareness to existing products and services.
2) To build revenues in the Company's subsidiaries -- Pro-Active Futures, iFinix Forex, iFinix Capital and iFinix Software.
3) Deliver both eFinix and iFinix Trader to market by year end.
4) Strive to communicate with the investment community to recognize the inherent and potential value of iFinix shares.
The Plan
To bring awareness to products and services -- the Company intends to increase Internet Marketing, enlist qualified Wholesale Distributors, Affiliates and Licensees, plus utilize Radio and TV Advertising on various major Financial Networks. Further, the management intends to participate at various industry Trade Shows and Conferences where they can unveil the Company's suite of products to Professionals and Individual traders alike. Lastly, the Company is working towards entering into joint venture agreements with companies offering synergistic software products with a view towards bringing a "bundled" hybrid IT product to market.
To continue to develop and grow our subsidiaries -- the company will appoint Richard Dank as Managing Director of the three financial divisions. Mr. Dank has over 20 years experience in the securities industry, having held senior management positions with futures trading firms, currency trading firms, and equities trading firms. His management expertise, includes, but is not limited to, creating innovative marketing techniques, operations management and strategic planning. As president of Pro-Active Futures, Mr. Dank is responsible for building a steady revenue stream, which has been the "well spring" for its parent company, iFinix Corp. to be able to finance the development of the company's software. Mr. Dank is also charged with the responsibility of orchestrating the company's "cross marketing" strategy, whereby clients of the trading divisions will be solicited to become subscribers of the software products and conversely, the Company's software subscribers will be solicited to become clients of the Company's trading divisions.
To bring eFinix and iFinix Trader to market -- the Company's programmers have been working diligently on developing both products. The Company anticipates that these products will be available to the public later this year. CIO Ricardo Brillion is that confident this can be accomplished as he believes his staff has the talent and expertise equal to that of companies much larger than iFinix.
To move aggressively on multiple fronts to increase investor awareness -- the management will:
1) Aggressively seek out retail and institutional securities firms that specialize in identifying emerging growth companies as investments for their clients.
2) Schedule due diligence presentations at brokerage firms and small cap company conferences.
3) Schedule interviews on various TV and Radio financial talk shows and online interviews in investor chat rooms.
4) Schedule monthly video company updates on YouTube.
The Result
It is the Company's belief that the above-mentioned program is a compelling multi-faceted strategy. Not only will an investor awareness program bring interest to the company's shares, but also every shareholder is a potential user of the company's products and services. The reverse is also true. The consumer awareness program will also bring attention to iFinix as an investment. Every user of iFinix's products and services is also potential investor.
In summary, the Company believes that the combined efforts put forth in both the product marketing and investor awareness programs will generate revenues in all divisions of iFinix and increase investor interest in the Company's shares. Over and above that, the company is very optimistic that this plan will also produce interest from Securities Industry brokerage firms as both users and investors, and also gain the attention of Securities Industry Research Analysts.
CEO Benhope Munroe commented, "In spite of recent delays, I am very pleased with the progress the company has made in regard to realizing its goals set forth in 2009. I am very grateful to our shareholders who exercised their A and B warrants which augmented the funds necessary to achieve our corporate goals. The company is now well positioned to make a quantum leap forward in 2010. Aside from creating the foundation of the platforms necessary to advance the company, we have also greatly enhanced the infrastructure in all divisions. We now have the talent in all components of iFinix that can support the dramatic growth which the management is anticipating in 2010. Going forward, I fully expect 2010 to be a very 'promising' year."
