Replies to post #71016 on Infrax Systems Inc (IFXY)

[ROLL DEM DICE]

CASH FLOW POSITIVE BY $300,000 PLUS ENDING LAST PERIOD Cash flows from operations
Net (loss) $ (1,120,379) $ (39,008)
Adjustment to reconcile net loss to net cash:
Amortization of debt discount 17,052 32,601
Interest expense 4,774
Changes in working capital components:
Accounts Receivable (360,000) 0
Accounts Payable 342 0
Change in Convertible Notes (129,000) 1,684
Net cash provided by (used in) operating activities (1,591,985) (51)
Financing Activities
Related Party Loans (342,852) 0
Issuance of Capital Stock for Debt 4,118,982 0
Additional Paid in Capital (1,884,146) 0
Net cash provided by Financing Activities 1,891,985 0
Net increase (decrease) in cash 300,000 (51)
Cash, beginning of period 63 114
Cash at end of Period $ 300,063 $