quote:Originally posted by dollar13: DON'T GET ME WRONG I WAS GONNA BUY TODAY BUT MY L2 TELL ME EVERYTHING I NEED TO KNOW.
So let's analyze what happened today.
Many bought on Friday figuring this to Gap and run hoping to sell into it and possibly buy back on the dips. Didn't happen because the launch didn't happen at market open. Even though the company never stated it would happen at the open only that it would launch today.
Many people who trade Pinkie Pennies got nervous, Oh no not another SLJB so they sold and went on to other stocks. This enabled the MM's to walk the PPS down and accumulate more shares for a run. The PPS bounced back at the end of day to close at .001..
I believe we will see Green this week, Have to figure a PR about the successful launch and over 1700 first day sign ups and the launch of the next AD campaign. Once commericals start running on CNBC and MSNBC more people will not only sign up for the trial subscription but look into the stock.
Just My Opinion, Like I said take it with a grain of salt.
iFinix Corp. (PINKSHEETS: INXR) announced that the launch of the iFinix RealTime Information Platform went off successfully.
The company also reported that it has established an automatic system update so that computer glitches that are discovered are corrected as they are reported. Moreover, each subscriber's system automatically receives the corrections as they are made.
The company also announced that nearly 2,000 subscribers have signed up to participate in the program.
iFinix Chairman Drew Budhu said, "The retail investment community has enthusiastically welcomed the iFinix RealTime Information Platform. The warm reception is very gratifying. Although we found some bugs, they have been corrected and users are receiving automatic updates correcting any system errors."
Budhu noted that iFinix is still offering new subscribers a one-month introductory subscription for $20. (The subscription does not include Exchange fees, which are extra depending on the market.) Subscribers can sign up using either a credit card or PayPal by visiting it secure site, https://www.ifinix.com/subscription/. Shareholders of record as of June 17 are entitled to a free three-month subscription; they can sign up by calling 516-504-3981, ext. 301. Those traders, who sign up for the four-month introductory offer of $20 a month, will be automatically renewed unless they subscriber notifies iFinix. The regular monthly charge is $60 and it will be billed to their credit cards.
The iFinix RealTime Information Platform provides pricing and volume information to microcap traders and broker/dealers of microcap stocks equal to that available on blue-chip stocks. Its price reporting is precise to the sixth decimal point -- two decimal points greater than its competition -- a difference that is financially significant to frequent traders.
About iFinix Corp.
iFinix is a diversified information technology services and solutions company with expertise in systems integration, outsourcing, infrastructure and server technology. iFinix has established a product line that delivers financial and business information with streaming, real-time market data, news and analytics to professionals and active individual investors. The company's suite of products includes iFinix RealTime, iFinix Trader and eFinix. Visit http://www.iFinix.com
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of iFinix Corporation to be materially different from the statements made herein.
posted
Be careful with that calc. Shareholders got 3 months free, right? So it could be 1999 shareholders who will cancel after 3 month and 1 other person, or $20 total revenue. You just never know.
quote:Originally posted by mathis: 2000*$20(this months sub)=40,000 not bad for one days rev..it will only grow from here
posted
"announced today that iFinix shareholders of record as of June 18, 2007 are being offered a free subscription for three months to the iFinix RealTime Information Platform, when it is officially launched at the end of the second quarter." http://biz.yahoo.com/iw/070620/0268426.html your right i should have est and not included all 2000 but im sure not all 2000 subs are free subs
quote:Originally posted by PCola77: Be careful with that calc. Shareholders got 3 months free, right? So it could be 1999 shareholders who will cancel after 3 month and 1 other person, or $20 total revenue. You just never know.
quote:Originally posted by mathis: 2000*$20(this months sub)=40,000 not bad for one days rev..it will only grow from here
quote:Originally posted by T e x: was it 3 months? I was thinking one...
Shareholders of record as of June 18, 2007 can participate in the program by signing up on the company website. Qualified shareholders that already have a one-month trial subscription, which has been confirmed by email, will receive an additional three-month free subscription, for a total of four months. This offer does not include the commission costs.
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I agree that probably not all subscribers are free ones, but you can be damn sure if there were 1500+ paying subs they would have PRed that too. I'm taking an educated guess here that the paying ubs number is much lower than you think, or want to believe.
Edit: Also, saying "it can only go up from here" is a death wish, IMO. It most certainly can go down, if the service fails to impress people.
Sorry to be a turd in the punch bowl, but you have to see the whole picture here if you want to make money, IMO.
quote:Originally posted by mathis: "announced today that iFinix shareholders of record as of June 18, 2007 are being offered a free subscription for three months to the iFinix RealTime Information Platform, when it is officially launched at the end of the second quarter." http://biz.yahoo.com/iw/070620/0268426.html your right i should have est and not included all 2000 but im sure not all 2000 subs are free subs
quote:Originally posted by PCola77: Be careful with that calc. Shareholders got 3 months free, right? So it could be 1999 shareholders who will cancel after 3 month and 1 other person, or $20 total revenue. You just never know.
quote:Originally posted by mathis: 2000*$20(this months sub)=40,000 not bad for one days rev..it will only grow from here
posted
right, but do remember they have adv on bloomberg and i have seen it..not saying its in so much demand but it could still be a nice number
quote:Originally posted by PCola77: I agree that probably not all subscribers are free ones, but you can be damn sure if there were 1500+ paying subs they would have PRed that too. I'm taking an educated guess here that the paying ubs number is much lower than you think, or want to believe.
quote:Originally posted by mathis: "announced today that iFinix shareholders of record as of June 18, 2007 are being offered a free subscription for three months to the iFinix RealTime Information Platform, when it is officially launched at the end of the second quarter." http://biz.yahoo.com/iw/070620/0268426.html your right i should have est and not included all 2000 but im sure not all 2000 subs are free subs
quote:Originally posted by PCola77: Be careful with that calc. Shareholders got 3 months free, right? So it could be 1999 shareholders who will cancel after 3 month and 1 other person, or $20 total revenue. You just never know.
quote:Originally posted by mathis: 2000*$20(this months sub)=40,000 not bad for one days rev..it will only grow from here
posted
I agree, but the only reason I said that was because 2000 people in one day is not bad. I know it can go down and I probably should not have mentioned that..I do however not care what the PPS is right now, I like their business plan and how they are sticking to it and will see what happens in the future. The only downside is that .pk at the end of the ticker symbol
quote:Originally posted by PCola77: Edit: Also, saying "it can only go up from here" is a death wish, IMO. It most certainly can go down, if the service fails to impress people.
Sorry to be a turd in the punch bowl, but you have to see the whole picture here if you want to make money, IMO.
quote:Originally posted by mathis: "announced today that iFinix shareholders of record as of June 18, 2007 are being offered a free subscription for three months to the iFinix RealTime Information Platform, when it is officially launched at the end of the second quarter." http://biz.yahoo.com/iw/070620/0268426.html your right i should have est and not included all 2000 but im sure not all 2000 subs are free subs
quote:Originally posted by PCola77: Be careful with that calc. Shareholders got 3 months free, right? So it could be 1999 shareholders who will cancel after 3 month and 1 other person, or $20 total revenue. You just never know.
quote:Originally posted by mathis: 2000*$20(this months sub)=40,000 not bad for one days rev..it will only grow from here
posted
By the way, I'm being half serious and half playing devil's advocate here, but man, you gotta chill with the absolutes.
What if all 2000 subscribers are not paying a penny, the system sucks and no one renews and they blew tons of money on advertising that returns nothing on the investment. I'd say that's a potential downside...
quote:Originally posted by mathis: The only downside is that .pk at the end of the ticker symbol
posted
And dont forget the MMs, who will probably have a field day killing this penny as they have with so many. You would think they would leave a stock quote service alone, but I guess they have no loyalties outside the almighty buck. A pox upon them all. Look for .0001 shortly, if they have anything to say about it.
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Pepsi Cola what do you mean by chill with the absolutes? And yes I do look at the downside of the platform being sucky, this is a start up business, you can either win or lose. BTW do you own any shares?
quote:Originally posted by PCola77: By the way, I'm being half serious and half playing devil's advocate here, but man, you gotta chill with the absolutes.
What if all 2000 subscribers are not paying a penny, the system sucks and no one renews and they blew tons of money on advertising that returns nothing on the investment. I'd say that's a potential downside...
quote:Originally posted by mathis: The only downside is that .pk at the end of the ticker symbol
posted
What I meant was, your comments like "It can only go up from here" and "the only downside is the .pk at the end of the symbol" are very extreme statements to make, that's all. It sounds like (and I hope you don't take this the wrong way, because I'm not saying you are one at all) the words of a front-loaded pumper. I'm just pointing out the other side of the coin, which I believe you already know and understand, but I'm putting it out there for people who may read your post and really believe that "there's no downside" and the price can "only go up from here", because that's all they see on the thread. (Aside from that one jacka** that's trying to bash but only making himself look like a fool).
To answer your next question, no I don't own any. I have great respect for a certain poster on this thread, and based on his involvement here had started doing a bunch of DD, and I think as a neutral observer (i.e., one who had not yet bought shares) I saw things from a more skeptical perspective than some of you. And honestly, it saved me a bunch of money, because I'd be down somewhere close to 50% had I bught when I was first thinking about it.
quote:Originally posted by mathis: Pepsi Cola what do you mean by chill with the absolutes? And yes I do look at the downside of the platform being sucky, this is a start up business, you can either win or lose. BTW do you own any shares?
posted
Well the reason I said that was because I have been in this stock for almost a year. This had been the best news yet coming from this company since I have invested. I will however stand by the statement "the only downside is the .pk at the end of the symbol" and it is the truth, in my point of view. I will not sit here and after every sentence type IMO. A forum is pretty much opinionated right? People come in say there views. I am anything but a pumper. I rarely play stocks since I got caught in that CSHD and SLJB hellhole. I now play stocks that are a bit more long term. Besides I dont have the time to watch it daily since I work and goto college. You should have maybe looked at my last posts and then maybe you would have seen how I post. You wont find many boards I posted on and used "pumped" lingo. The reason I stand to my statement is cleary I dont know the O/S, I dont know whats diluted and how much. I do know they have a REAL product out and since they have a .pk at the end worries me. But I still invested in this, bought in at .0014 almost a year ago and avg down to .0004. I do however believe you are right and I should not have stated "It can only go up from here"
quote:Originally posted by PCola77: What I meant was, your comments like "It can only go up from here" and "the only downside is the .pk at the end of the symbol" are very extreme statements to make, that's all. It sounds like (and I hope you don't take this the wrong way, because I'm not saying you are one at all) the words of a front-loaded pumper. I'm just pointing out the other side of the coin, which I believe you already know and understand, but I'm putting it out there for people who may read your post and really believe that "there's no downside" and the price can "only go up from here", because that's all they see on the thread. (Aside from that one jacka** that's trying to bash but only making himself look like a fool).
To answer your next question, no I don't own any. I have great respect for a certain poster on this thread, and based on his involvement here had started doing a bunch of DD, and I think as a neutral observer (i.e., one who had not yet bought shares) I saw things from a more skeptical perspective than some of you. And honestly, it saved me a bunch of money, because I'd be down somewhere close to 50% had I bught when I was first thinking about it.
quote:Originally posted by mathis: Pepsi Cola what do you mean by chill with the absolutes? And yes I do look at the downside of the platform being sucky, this is a start up business, you can either win or lose. BTW do you own any shares?
posted
OKay, I know what you're saying, but as I said, I was partially playing devil's advocate. Point being that you yourself said the platform could suck and that's a risk, so clearly, the .pk is not the ONLY downside. It may be true that that is the only thing that worries you, and you're perfectly entitled to that opinion, and I won't even be like those people who say you should put IMO at the end of every post, *but*, you say if I read you rpost history I'd know how you post. Here again, as devil's advocate, if a newer trader or board member comes onto this thread and reads it, you can be damn sure that he has no feel for your posting style, and while I agree that you are not pumping, per se, in effect you are because you are saying there's no downside. Just the same, I could be said to be "bashing" because I am presenting the opposing viewpoint. Nothing wrong with either thing, I just feel that as much as I can, I like to get all the pertinent info out there for people to read.
That all being said, I do hope this goes up for all you guys, I don't see any of the boards "bad seeds" here, so I'm pulling for you to all make some dough.
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Its cool with me that you can comment on the other side of this stock. It helps to find DD as with that CSHD thread back in the day. GL to ya and hopefully you can look into this stock yourself and invest if you like what you researched
quote:Originally posted by PCola77: OKay, I know what you're saying, but as I said, I was partially playing devil's advocate. Point being that you yourself said the platform could suck and that's a risk, so clearly, the .pk is not the ONLY downside. It may be true that that is the only thing that worries you, and you're perfectly entitled to that opinion, and I won't even be like those people who say you should put IMO at the end of every post, *but*, you say if I read you rpost history I'd know how you post. Here again, as devil's advocate, if a newer trader or board member comes onto this thread and reads it, you can be damn sure that he has no feel for your posting style, and while I agree that you are not pumping, per se, in effect you are because you are saying there's no downside. Just the same, I could be said to be "bashing" because I am presenting the opposing viewpoint. Nothing wrong with either thing, I just feel that as much as I can, I like to get all the pertinent info out there for people to read.
That all being said, I do hope this goes up for all you guys, I don't see any of the boards "bad seeds" here, so I'm pulling for you to all make some dough.
posted
NP but since they have not been bringing in any rev the financials may not be to good..the O/S is just a guess, we have no idea what it could be..
quote:Originally posted by 10of13: Thank Mathis... I grabbed some more and am Green at the moment....LOL
iFinix Reports Further Progress on 2007 Business Plan Thursday July 19, 12:14 pm ET
In Day Three of Operations, More Than 100 Subscribers Are Reaping Benefits From iFinix's RealTime Information Platform
JAMAICA, NY--(MARKET WIRE)--Jul 19, 2007 -- iFinix Corp. (Other OTC:INXR.PK - News) announced today progress in achieving its 2007 Business Plan. The company announced that subscribers have given an enthusiastic reception to the RealTime Information Platform. In addition, the subscription list now exceeds 2,000.
As to the status of the other primary objectives of the 2007 Business Plan, iFinix reported that it:
-- signed a letter of intent with Legend Securities, Inc., a New York City-based securities broker/dealer, Member NASD/MSRB/SIPC, to license its iFinix RealTime Information Platform; -- plans to initiate the second round of the marketing program of television commercials on Monday, July 23; -- plans to add features and other functions to the RealTime Information Platform as well as fundamental data feeds; -- expects to launch iFinix Trader, which adds trade execution functionality and account management features to the iFinix RealTime platform, and eFinix, a web-enabled version of iFinix Trader that will run on desktops and on mobile devices, by the end of the third quarter; -- expects to add experienced management; -- expects to offer seminars and internet courses in using the iFinix RealTime Information Platform and other iFinix products in November, as part of a strategic alliance with Diversity Group International, an educational marketing organization, with which it has a memorandum of understanding; and -- will continue to accomplish necessary milestones to be eligible to list on an Exchange as we promised earlier this year. ADVERTISEMENT
iFinix Chairman, Drew Budhu, said, "The number of new subscribers is climbing. Starting in thirty days we should be receiving revenue of $20 a month from the trial subscribers and in 90 days we should be receiving $20 a month each from the shareholder trial subscribers. Assuming that in December there are 2,000 subscribers paying $60 a month, management anticipates, but cannot provide assurances, that iFinix should be receiving revenue of at least $120,000 a month."
In regard to iFinix Trader, which will add trade execution functionality and account management features to the iFinix RealTime platform, he noted that the company has begun to negotiate partnerships with broker-dealers that will integrate their operations with the iFinix Trader.
About iFinix Corp.
iFinix is a diversified information technology services and solutions company with expertise in systems integration, outsourcing, infrastructure and server technology. iFinix has established a product line that delivers financial and business information with streaming, real-time market data, news and analytics to professionals and active individual investors. The company's suite of products includes iFinix RealTime, iFinix Trader and eFinix. Visit http://www.iFinix.com
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of iFinix Corporation to be materially different from the statements made herein.
posted
Wait, so right now ZERO of the 2,000 people are paying for it? I guess I misunderstood (and so did the other guy who said he's sure not all members were on free trials). I understand the concept of a trial period, and agree it's the best way to get business in a case like this, but to make any projections based on a free trial is nuts, IMO. The renewals/lapses in the next few months will be the story. WAY too big a risk right now for me. Hope I'm wrong, for your sake.
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He doesnt specify how many are free trials.. ". Starting in thirty days we should be receiving revenue of $20 a month from the trial subscribers and in 90 days we should be receiving $20 a month each from the shareholder trial subscribers" Doesnt say 2000 people here
quote:Originally posted by PCola77: Wait, so right now ZERO of the 2,000 people are paying for it? I guess I misunderstood (and so did the other guy who said he's sure not all members were on free trials). I understand the concept of a trial period, and agree it's the best way to get business in a case like this, but to make any projections based on a free trial is nuts, IMO. The renewals/lapses in the next few months will be the story. WAY too big a risk right now for me. Hope I'm wrong, for your sake.
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