Ifinix Corporation (INIX)

[Bernanke_nomics]

"WOW! That is a whole lot of......"

Holy look out for that future increase above 3 bil A/S shares Batman......

So, if they dumped 1,289 mil Q2 and were at 1,275 mil Q1, than
1289 + 1275 = 2,564, shares issued and out, no?
Things that make ya go Hmmmmmmmmmmmmmm..

At this rate they have less than a Q to make that profit some said would be shown this Q


Some how this Q they were able to pull off a $64,750 savings in SGA Thats 24K better than Q1's interest expense of +40K. lowest OP EX under SGA since early 2009 (from what I have found)
Things that make ya go Hmmmmmmmmmmmmmm..

They really need to update the "notes to consolidated financial statements" section also... 2 Qs now they refer to the financial condition of iFinix for Dec 31 2010.. iFinix's copy n paste updating skills are comparable to that of the USACE's Jobsite specification copy n pasting skills... UGH!!!

Cant wait for the "audited" fins some day.... (from both)

Ben made a statement in the PR concerning the costs of the DTCC issues and how that was a majority of the loss... What Id like to hear about is the 65 K saving in SGA from last Q and is it sustainable? That info alone could change my negative sentiment towards the companys future....


"That chapter is behind us, I hope-ben."

Yo Wood,
The way they have gone thru shares this Q, there might not be much left to play another "wish in 1 hand / *&^% in the other" acquisition anytime soon...


Anyway, are the shareholders going to get a new (real) conference call anytime soon to discuss these semi excitingly, highly dilutive: revenues vs costs ?

:)