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| Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB |
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07-09-2007, 05:16 PM
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AMEX Stock
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Join Date: Jul 2007
Posts: 396
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INXR - Ifinix Corp.
Looking good.
Very strong close, buying into end of day, 2 sells between 2pm and 4pm (probably longer than that but thats when i got home and watched L2s.)
Looking forward to the launch on Monday.
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07-10-2007, 01:51 AM
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OTCBB Stock
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Join Date: Jul 2007
Posts: 268
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INXR - Ifinix Corp.
Finally saw some movement on INXR today, up .0003 from Friday's close to .0009. Hoping to see it wake up some more with their Realtime Information Platform release scheduled for 16 July. Financial reports due out on the 23rd may help push this along too if they are favorable
Ifinix to Introduce RealTime Information Platform July 16
Reports Progress on 2007 Business Plan
iFinix Corp (PINKSHEETS: INXR) today announced that the iFinix RealTime Information Platform will begin operations Monday, July 16.
Subscribers will get live technical support for the RealTime Information Platform by phone from 8 a.m. to 5 p.m. Monday through Friday. In addition, live chat and email support will be offered on the iFinix web site from 8 a.m. to 6 p.m. Monday through Friday.
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 five decimal point -- two decimal points greater than its competition -- a difference that is financially significant to frequent traders.
iFinix Chairman Drew Budhu said, "The RealTime Information Platform is performing successfully in its beta test and we expect that the full launch will go off without any major glitches. iFinix is moving forward confidently in meeting the 2007 Business Plan objectives."
He noted that the company plans to enrich the capabilities of the iFinix RealTime Information Platform after its introduction. To help traders in micro-cap stocks, the system will also provide background data such as fundamental statistics, charting analysis and easy access to complete Securities and Exchange Commission Edgar filings.
Budhu also reported on the company's progress on the following key elements of the 2007 Business Plan:
-- On July 23, the company will publish its financial reports for
calendar year 2006 and the first and second quarter of 2007, which will
cover the current year up to June 30.
-- In August, iFinix expects to enter beta testing for its eFinix
wireless, web-based version of the iFinix Real-Time Information Platform.
-- In October, the company expects to launch the eFinix, a wireless, web-
based version of the iFinix Real-Time Information Platform.
"We are pleased with our achievements so far this year and are working hard to fulfill our commitments to our shareholders. We appreciate their patience and loyal support," Budhu said.
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
Legal Notice Regarding Forward-Looking Statements:
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.
Contact:
iFinix Corporation
Investor Relations
516-504-3981 x301
Source: Market Wire (June 29, 2007 - 12:31 PM EDT)
News by QuoteMedia
__________________
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Ask not what your money can do for you, but what you can do for your money!
Last edited by Kuzami; 07-10-2007 at 02:18 AM.
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07-10-2007, 01:52 AM
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OTCBB Stock
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Join Date: Jul 2007
Posts: 268
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More news today
iFinix Provides Subscription Information in Anticipation of the Official Launch of the RealTime Information Platform July 16
In anticipation of the full-fledged launch of the iFinix RealTime Information Platform on Monday, July 16, iFinix Corp. (PINKSHEETS: INXR) announced today the steps subscribers must take to activate the program, including the more than 250 participants that were awarded free trial subscriptions.
Subscribers and the more than 250 free trial participants must inform iFinix of the names of the exchanges from which they want stock data as well as their credit card information to pay the monthly exchange charges. Subscribers can choose the exchanges they wish to receive data from and then pay the monthly fees by registering their credit card information on a secure site on iFinix.com. All participants will receive an email with a link to this secure site.
Monthly fees are:
-- New York Stock Exchange $1;
-- American Stock Exchange $1;
-- Nasdaq/OTCBB Level 1 $1;
-- OTCBB Level 2 (requires Nasdaq/OTCBB Level 1) $4;
-- Nasdaq Level 2 (includes Nasdaq Level 1; market maker quotes for
Nasdaq, OTCBB Level 2 and time, sales and quotes) $20;
-- Pink Sheets Level 1 $3;
-- Pink Sheets Level 2 (includes Level 1) $15.
Alternatively, participants can call 516-504-3981 x301 and provide the information over the phone. They must also report whether they are professional traders, that is, money managers or affiliated with a financial services firm, or non-professionals, that is, individual traders.
iFinix Chairman Drew Budhu said, "We are emailing all free trial subscribers to welcome them to the RealTime Information Platform and to get them started. The monthly charges for which we need credit card information are the exchange's fees, which we are simply passing along."
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.
Free trial subscribers have one-month or three-month subscriptions to the iFinix RealTime Information Platform. The three-month free trial subscriptions were available to iFinix shareholders only.
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.
Legal Notice Regarding Forward-Looking Statements:
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.
Contact:
iFinix Corporation
Investor Relations
516-504-3981 x301
Source: Market Wire (July 9, 2007 - 5:29 PM EDT)
News by QuoteMedia
www.quotemedia.com
__________________
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Ask not what your money can do for you, but what you can do for your money!
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07-10-2007, 10:31 AM
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OTCBB Stock
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Join Date: Jul 2007
Posts: 268
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More news
Opened up the day at .0011 after closing at .0009 yesterday!
More news...
iFinix Corp. Signs Letter of Intent With Legend Securities to License the iFinix RealTime Information Platform
60 minutes ago - Market Wire
iFinix Corp. (PINKSHEETS: INXR) a provider of real-time financial information and services to active traders and to the securities industry, announced today it has signed a letter of intent with Legend Securities, Inc. ("Legend"), a New York City-based securities broker/dealer, Member NASD/MSRB/SIPC, to license its iFinix RealTime Information Platform.
iFinix RealTime is a desktop information platform that supplies streaming quotes of the most timely and accurate pricing and volume data available for microcap stocks today.
iFinix's Chairman, Drew Budhu, said, "Legend Securities, which is a full service independent broker/dealer that provides trading and brokerage services to institutional, active trading and retail clients, is the first of an expected army of securities firms that will be offering their clients iFinix's quality information on microcap stocks that is simply not available elsewhere."
Legend's CEO, Anthony Fusco, said, "We are eagerly anticipating introducing our clients, who trade in microcap stocks, to the timely and accurate iFinix RealTime Information Platform data. I am sure they will be happy with the excellent functionality that this platform offers all microcap market participants."
Under the terms of the agreement iFinix will provide computer software for its electronic securities information platform to Legend, which has agreed to introduce iFinix's trading platform to its potential customers and existing clients.
As Legend experiences increased trading volume, their clients (broker/dealers, institutions, hedge funds, and active traders), will benefit as a result of using the iFinix RealTime Information Platform in the form of lower price per ticket.
Upon completion of this letter of intent, both parties, iFinix and Legend, will complete a non-disclosure and confidentiality agreement.
About Legend Securities, Inc.
Legend Securities, Inc. is a Full Service Securities Brokerage Firm, Member NASD, MSRB, SIPC, providing services to individual as well institutional clients. The company's products range from stocks, options, and fixed income instruments to life insurance products. We specialize in providing a broad range of services to the individual and institutional client. Legend's management is has over 50 years of COMBINED experience in the Financial Services and Securities Industry.
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
Legal Notice Regarding Forward-Looking Statements:
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.
Contact: iFinix Corporation Investor Relations 516-504-3981 x301 Contact: Legend Securities Anthony Fusco 39 Broadway (Suite 740) New York, NY 10006 212-344-5747
SOURCE: iFinix Corp.
__________________
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Ask not what your money can do for you, but what you can do for your money!
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07-10-2007, 04:37 PM
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AMEX Stock
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Join Date: Jul 2007
Posts: 396
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Re: INXR Platform Release July 16th, Financials July 23rd
This stock is making a nice steady increase in PPS.
70% yesterday, 50% today.
Should probably see this up until AT LEAST the launch, and if more brokers use their platform this wont stop.
Financials the 23rd, and then an up listing at some point.
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07-10-2007, 04:48 PM
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Stock Market Newbie
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Join Date: Jul 2007
Posts: 17
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Re: INXR Platform Release July 16th, Financials July 23rd
This is beautiful. I wish I would have had a little more time to build up a large position.
Still holding .0014 HOD, looks like a strong finish again.
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07-10-2007, 05:24 PM
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AMEX Stock
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Join Date: Jul 2007
Posts: 396
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Re: INXR Platform Release July 16th, Financials July 23rd
You see all the "AH trades"
0.0014 295000 OTO 16:08:13
0.0014 250000 OTO 16:07:02
0.0014 325000 OTO 16:01:05
0.0014 300000 OTO 16:01:05
0.0014 350000 OTO 16:01:05
0.0014 2000000 OTO 16:01:05
0.0014 175000 OTO 16:01:05
0.0014 1000000 OTO 16:01:05
0.0014 9000000 OTO 16:01:05
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07-10-2007, 05:25 PM
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Stock Market Newbie
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Join Date: Jul 2007
Posts: 3
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Re: INXR Platform Release July 16th, Financials July 23rd
Hoping for some sort of pullback after todays news.
I don't see it happening but I can dream, probably will be nothing more than a consolidation.
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07-10-2007, 05:34 PM
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AMEX Stock
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Join Date: Jul 2007
Posts: 396
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Re: INXR Platform Release July 16th, Financials July 23rd
Good luck Monk.
I am guessing an easy double from the current position, but thats just my opinion.
By end of year this can be in pennies, depending on the amount of subscribers they receive, if they up list, growing financials, etc.
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07-10-2007, 06:29 PM
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Stock Market Newbie
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Join Date: Jul 2007
Location: Philadelphia, PA
Posts: 4
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Re: INXR Platform Release July 16th, Financials July 23rd
Looking good so far. Im glad to see some others here are in on this one too. Im in at an average .00067 Ill probably be looking to sell some tomorrow or thursday and ride some free shares for Mondays launch.
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