Chakkrapadt - pretty certain you didn't miss anything from the conference call. I think there are a few things that are creating the buzz. You mentioned 1) the financials coming out on time, 2) 20% increase in revenues in Jan-Feb, 3) an explanation for the increase in available shares.
The company had gone into hiding since the Jan press release announcing 2011 goals. The only thing that shareholders could see up to late last week was a massive increase in the number of available shares. As I referred to in an earlier post, no news is not necessarily good news in penny stock land. When INIX finally spoke it was good listening.
In the conference call, INIX addressed some questions regarding the additional available shares. It was confirmed that the overwhelming number of available shares have not been issued but are needed for merger/acquisition opportunities.
And so, there is the buzz. Battered into triple zero territory only to learn that revenues are over 1/2 million dollars. Shareholders - long and short - can see value in INIX at this ridiculously low level. Combine that with excessive selling last week that created share volume that INIX had never seen over a one week period.
All of that makes this a real easy train to hop on while it is still at the station.
Regarding going back and listening to the conference call - it's actually a bit more exciting to re-read the January press release. You will get a feeling that INIX is back on track.
I think that nearly any merger or acquisition that brings something to the party will be a major plus. The sooner the better as far as I am concerned.
