Ifinix Corporation (INIX)

[S4B]

FYI

Per 2011 annual report, BM owns 34,068,039 pfd shares with a conversion rate of 60 common shares to 1 share of pfd which equates to 2,044,082,340 common shares.

Total pfd shares of 50 million converts to 3 billion common shares.

There is only 1 billion shares Authorized.

Not even legal counsel pick up this information.

IMO, Pfd shares should have had a r/s of 1500 to 1.

Therefore, audited f/s are needed to see where Ifinix stands.

Have a Great Day.