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IFIX has very good news out. They say, "the management team is very focused on further advancing our aggressive business plan for continued growth."
Financial highlights of the quarter include:
~ An increase in revenues of approximately 130% when compared with the three months ended June 30, 2011.
~ An increase in gross profit of over 90% when compared with the same period in 2011.
~ Expenses decreased 15% which is reflective of restructuring and cost-cutting efforts.
~ Cash provided by operations was $185,266 compared to ($579,343) reported for the same period a year earlier.