Great FIRST post...quite knowledgeable... as for the "non-sense going around this board" I hope you are not referring to the many posts asking for answers to information such as:
July 2010 - Infrax expands Nigeria network deployment - The complete project will cover three of the four largest metropolitan areas in Nigeria and reach 60 percent of the 180 million people living there. The estimated value of the entire Nigerian project, including CPEs (Customer Premise Equipment) is approximately USD 60 million at completion.
April 2011 - Infrax Supplying Wireless Infrastructure to Bermuda - wireless broadband infrastructure, designed to enhance security and communication measures on the Island of Bermuda, has been delivered and deployment is under way. The new wireless broadband infrastructure will be comprised of approximately forty-five (45) Infrax, TMAX 2000 modular base-station routers. These will be used for multiple services including surveillance camera backhaul for public safety and wireless Internet access for the residents and visitors.
August 2011 - Infrax Systems (IFXY) to Provide Wireless Communications Technology for Mississippi Network - Infrax Networks business unit has entered into an agreement with eCom Direct, Inc. to expand their network in Mississippi. eCom Direct, Inc. provides wireless high speed internet service and ecommerce solutions in the Southeast. eCom Direct currently plans to extend its wireless reach to server under-represented markets in six states including Mississippi, Alabama, Louisiana, Tennessee, Arkansas and Oklahoma. As eCom Direct continues their goal of providing services in rural markets, additional states may be added.
January 2012 - Infrax Systems subsidiary, Lockwood Technology, completed the largest implementation of its technology at Qatar University - software implementation included Lockwood’s Asset Tracker, Event Manager, RemoteLink, Dock Manager, Asset Tracker Mobile and RFID Collector. Qatar University needed to perform a full business process improvement analysis for asset management, and recommend procedures and solutions to fully integrate the recommended asset information management system with RFID based automated data capture technologies.
among others... such as:
-Infrax prepares for uplisting
-Sam Talari plans to set up a stock purchase plan under Rule 10b5-1 for the purchase up to $500,000 of Infrax common stock at the open market.
-Infrax Systems (IFXY) to Provide Wireless Communications Technology for Mississippi Network
-Infrax Systems (IFXY) Executes Teaming Agreement with AwiaTech to Incorporate Advanced Wireless Industrial Automation Capabilities to Smart Grid Portfolio
-etc
-and so on
Is it nonsense to ask questions pertaining to information that is already made public? or nonsense to blindly buy shares based on HOPE that this information is on the up and up? Where are all the follow ups to these?? Talk is old. Things we should have been hearing about for years seem to fall aside...Money that we should have seen from contracts of the past never materialize... Severely disappointed in the management of this company.
What's your opinion?
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