Replies to post #83951 on Ifinix Corporation (INIX)

[forgreen]

Actually Art, they have to sell at whatever price they can get for the shares. They are not selling them to conventional financiers and not even to feared toxic debt machines like Cornell which would be a step up for INXR. No, they sell to guys who convert their investment on the open market for whatever they can get and I am sure they drive a hard bargain on what they are willing to pay INXR for those shares. If the stock were trading at 0.0005 tomorrow those guys would still demand shares at 0.0001 to guarantee their profit. That is how it works. What the average sale price is not in question and I agree with you it could in aggregate be higher. But I believe you are misreading the filings intent because when they state a range of 0.00005 to 0.0007 WITHOUT declaring WHO they sold HOW MANY of those shares to for WHAT PRICE, it means they are burying the fact most of their shares were sold at the bottom end of that price range. Do the math Art - It comes out to roughly 0.0001 per share.