Replies to post #73586 on Ifinix Corporation (INIX)

[Hitman]

Rule 504 of Regulation D
Rule 504 of Regulation D provides an exemption from the registration requirements of the federal securities laws for some companies when they offer and sell up to $1,000,000 of their securities in any 12-month period.
http://www.sec.gov/answers/rule504.htm

[tenn]

chart--

If they filed in 2004 with in 15 days after the 1st sale, then I see it as an ongoing exemption with a limited amount of gross sales they make per annum??

Now, the question to me is---when was the very first sale this company made????

Thanks for listening,

L8R/tenn