Ifinix Corporation (INIX)

[Bernanke_nomics]

Hmmmmmmm....


Again, I have kept quiet to see what would happen with this news.
Hope everyone that could, DID take their profits from the past couple of days actions.

1) They are looking at several acquisitions including banks.


Think maybe the "new" acquisitions and
banks will have websites??? As an investor I would like to know exactly what the company is buying thru dilution.

2) Just acquired 51% Oakbridge Management, Inc. which added
approx $3 million to Balance Sheet

should allow the company to obtain future financing
CEO Benhope Munroe stated, "The successful completion of this acquisition is projected to allow iFinix a vehicle to obtain operating capital and flexibility to expand the company's subsidiaries.


3) They will soon be profitable in current business

4th Q the company had its highest revenue for 2010 along with the 2nd highest cost for that revenue....

4) Increased revenues 24% over last year through February

See above

5) Current share structure:
Shares Outstanding 1,100,257,274 a/o Apr 07, 2011
Float 770,000,000
Authorized Shares 3,000,000,000 a/o Apr 07, 2011 for acquisitions only. New acquisition 250,000,000 shares

The financing/operating capital mentioned by the CEO... Will that also include some of the new share count? Will it be thru banks or private stock offerings? What is the "asset" breakdown for this new company? Funny how a company on the verge of bankruptcy becomes the new BRK.A of pinkyland....


Things that makes ya go HMMMMMMMMMMMMMMMMMMMMM.....