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Post# of 4972151
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Tuesday, 08/21/2012 10:29:54 AM

Tuesday, August 21, 2012 10:29:54 AM

Post# of 4972151
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.

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