I know what you mean by the financing problem. Plus, we seem to have huge issues with other entities that actively victimize small startups. So even if the company had a chance, once it is targeted, they seem to be quite proficient at destroying small companies. A guy by the handle of Regulus60 on another board posted an interesting article that if you read, explains how a lot of these startup pennies get wrecked. From what I can see with the trading patterns, it seems to be right on.
It makes me sick. It looks like IFXY is being traded like this. It is part of the reason I had to back out. Between that and a potential finance deal, it just doesn't seem to have a chance. Plus with the finance deal on the books, it makes it that much easier to wreck since people are not sure if the dilution is coming from the finance deal or if it is just plain naked shorting. The worst part is if the naked shorting works, then the company will probably say, “what the hell, the share price is shot in the ass anyway, might as well take the financing. It’s free to us at this point anyway.“ At least that would be the way I would feel if I were the CEO of the company and I was the target of naked shorting.
You know, it's a shame because this company had potential. If it traded in true market conditions, it probably would be around $0.50 easy now. Even without making a profit because of the people that are so interested in it on the other board. Unfortunately, every time members make a sizable purchase, NITE or ETMM drop the Ask. Just the opposite of what should happen. I bet there are hundreds of millions of counterfeit IFXY shares floating out there. Just a shame. Plus, by wrecking the share price, the company can't raise the money it so desperately needs through equity financing without destroying the current share holders because they can't raise the amount of money they need at the current share price right now without issuing billions of shares. Sad but true.
I hope our company is considered not worth trying to wreck since CMKM is so profitable and trades so thinly. At least I hope so anyway. I have a feeling it is the thinly traded part that saves us.
Read the article. I read the whole thing and I most definitely can see what the author is talking about by the way some of these companies trade. It’s a shame that there is an entire industry created to short companies into oblivion. Like the author said, the worst part about shorting companies is it doesn’t make an investment of capital, it just takes it from existing shareholders.
Market Data 
Markets 
AI
