"INIX will get back to .0015-.0025 by end of september"
3 days ago someone was typing inix will get to .0015 to .0025 by end of Sept... Now that we know the most recent shares out, Ifinix would have a market cap of:
3,737,635.911 to 6,229,393.185 At the above PPS estimates......
At those numbers it shouldnt be too hard to obtain financing just like they mentioned with the "goldmine" theory.... Hmmmmmmmm
the liquidation value of inix is 1.5 to 1.6 mil pending on cash inhand... Hasnt changed much from my entry.
Now, from Sept09 to Jul/Aug10 the PPS Was well above the PPS prediction stated above. The A/S was well below what it is today. Between Dec 09 and Mar 10 the PPS hovered above 2 cents,
At 227.3 mil out the MC was 4,546,000 instead of looking for financing when strong, the company decides to lower the AS riding on the idea Realtime is going to be a hit....... It wasnt!From that time till now, well here we are today 500 mil short of being fully diluted of the 3 ba ba billion shares recently authorized What do the Preferred shares equal out to?
Hiney sight is 20/20 as always but no one can say the company as well numerous investors werent warned. Had the company been able to get a loan of 1-2 mil back then I believe they would have still had to raise the AS to pay bills but would we be staring down 3 billion shares and numerous brokerages not trading the stock???? The past 2 Q's were improvements but there are unanswered questions to the sustainability.
The proper answers (if positive) to these questions could show an improved sentiment towards the company, bad answers will continue the negativity and no answers , well, cant go much more than trip zip 1 anyway now can we................
Uplisting??? The company does realize it will have to improve greatly in its reporting standards I hope... Dont they have one of those "pro's" at this sort of thing on the payroll??? Coulda fooled me.....
Either way, we all see the action from yesterdays report for the 2nd quarter of 2011..............
I think the "investors" may have become "FOOL PROOF"...???
Too much, too little too late there too, huh...HAHAHAHAHA
Go WOODY Go WOODY Go WOODY...............
Funny stuff!!!
:)
