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XQZME

04/13/11 1:23 PM

#127507 RE: TigerTrader83 #127504

I don't believe iFinix would use shares to uplist. If the company waits until 2012, the revenue from the mine should be more than enough to pay for uplisting. The company has stated several times that the AS was increased for M&A purposed only.

If iFinix can complete additional M&As this year and gains revenues and assets from them, it will also help pay for the cost of uplisting.

I'm skeptical about the OakBridge deal however that's why I am reserving judgement until I see the Q1 financials. If the $3 million is reported, then I will be pleased.