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Which would you rather have? 500000 shares at .0001 or 500 shares at .10. Also moving out of the pinks, and today signed it's first contract to provide streaming quotes on pennies. You do the math.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
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quote:Originally posted by Homersbud: Do they still have the same pathetic management team that hit everyone with the 1-1000 R/S last month?
11b A/S, unreal.
A/S was changed per Nevada SOS to 60M after the R/S. Company will need to do some work restoring the faith of those, including myself, that went through the R/S.
They have made a few good moves this week. First amending the A/S to a managable 60M shares and then announcing the deal with the brokerage. Many still on the fence here. Waiting to see what thier next step is.
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iFinix Corp. Signs Contract With Maximum Financial Group to Use Its RealTime Information Platform to Get Prices for Microcap Stocks and Stock Data for Its Clients' and Own Use
JAMAICA, N.Y., March 12, 2008 /PRNewswire-FirstCall via COMTEX/ -- iFinix Corp. (Pink Sheets: INIX) announced today that Maximum Financial Investment Group, NY, has signed a contract for the iFinix RealTime Information Platform. The securities firm will use the iFinix RealTime Information Platform to obtain prices on microcap stocks as well as other stock data for its own use and the use of its trader and small retail broker clients. Maximum Financial has offices in Michigan and Utah in addition to its headquarters in New York. It focuses on retail brokerage services, investment banking as well as retail and institutional online trading.
iFinix Chairman, Drew Budhu, said, "We are pleased to announce this first contract with a major retail securities firm. This is an important development for iFinix paving the way for the successful execution of the company's business strategy to expand the Platform's use among well-known securities firms. Moreover, as Maximum's customers become familiar with the utility of the iFinix RealTime Information Platform, they will introduce other brokers and traders to the technology."
Vice President Gregory Barton of Maximum Financial said, "We are excited about the opportunity iFinix brings Maximum by providing state of the art software that will significantly enhance our clients' ability to trade the markets. We feel the platform will give us an edge over our competitors."
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.
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.
Previous Stock Value: Par Value Shares: 10,000,000,000 Value: $ 0.0001 Par Value Shares: 1,000,000,000 Value: $ 0.0001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 1,100,000.00
New Stock Value: Par Value Shares: 50,000,000 Value: $ 0.0001 Par Value Shares: 10,000,000 Value: $ 0.0001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 6,000.00
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Do your homework. I've been thru the R/S and survived. Now waiting for the move to the boards. I cant believe with all the good news that this will drop again. It's been holding since the R/S, and now showing signs up moving up. They might have to do another R/S to move up, but it doesnt look likely at this point. Here's hoping.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed
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Homer, if you've been in pennies very long, you know reverse splits eventually happen to 99% of them. What I'm saying is that is water long gone over the dam. Get in now before they move to the OTC and become a really big company. If you read what they have to offer, you should realize that the info they are going to be putting out cannot be gotten anywhere else, and should be of special interest to anyone investing in pennies. I've been wrong before, but this time I dont think so.
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