INIX IFinix Corporation featured news, full reports, and detailed charts
IFinix Corporation (INIX/INIX.PK) Wrap Up:
IFinix Corporation operates as a diversified information technology services and solutions company. It provides streaming, real-time market data, news, and analytics to professionals and active individual investors. The company’s products include iFinix RealTime, a suite of real time data feeds and analytical tools for traders; iFinix Trader, an integrated trading suite that provides functionality for market information, executions, account management, charting, and technical analysis, as well as conditional orders, program trading, basket trading, portfolio management, and statistical trade analysis; and eFinix, a Web enabled low level version of iFinix RealTime, which helps traders to get ...IFinix Corporation (INIX:OTC)
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Market Cap
967.9K
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Total Revenue
343.2K
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EBITDA
799.1K
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DILUTED EPS TTM
-0.02
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P/E
--
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P/S
2.3x
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Return On Asset
--
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Return On Equity
--
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INIX Top Compensated Officers
Executives, Board Directors
Key developments for IFinix Corporation (INIX)
IFinix Corporation reported earnings results for the first quarter and second quarter of 2009. The company reported revenues of $120,693, a loss of $62,373 for the quarter ended March 31, 2009. These revenues were derived primarily from its wholly owned subsidiary iFinix Futures. This represents an increase of $119,461, and a reduction in losses of $234,668 for the same period last year. For the period ended June 30, 2009, the company reported revenues of $101,531, a loss of $73,293 for the quarter. These revenues were derived primarily from its wholly owned subsidiary iFinix Futures. This represents an increase of $100,300 in revenues, and a reduction in losses of $219,081 for the same period last year.
IFinix Corporation - Special/M&A Calls
IFinix Corporation, Annual General Meeting, Sep 14, 2009, at 14:00 Pacific Daylight. Location: Stratosphere Hotel, Las Vegas, Nevada,United States.
INIX Competitors
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Industry Analysis
| Valuation | INIX | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.3x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.9x |
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INIX transactions
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Target |
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Merger/Acquisition
July 9, 2009 |
Island Forex Currency Trading Inc. |
More Recent News About IFinix Corporation
More news for INIX
iFinix Corp. Schedules Teleconference
PLAINVIEW, NY--(Marketwire - 09/28/09) - iFinix Corp (Pinksheets:INIX - News), a provider of real-time financial information and services to active traders and to the securities industry, announced that it has scheduled a teleconference for Wednesday, September 30, 2009. The company feels this will be a good opportunity to update the many shareholders who were unable to attend the shareholders meeting recently held in Las Vegas; and also add further insight into several rapidly progressing company developments.CEO Benhope Munroe stated, "I am looking forward to an interesting exchange of ideas and comments with more of our shareholders this Wednesday. Some of the topics under discussion wouldn't even have been possible without their continued support."� Date: Wednesday, September 30, 2009 Time: 1:00 PM EST Info: Dial (712) 432-1001, then enter access code number 478160058, then press # If you want to participate in the interactive aspect of the teleconference you MUST be among the first 80 participants to call the following number (712) 432-1000, and then enter access number 584617539. The remaining 900 callers will only be able to AUDIT the teleconference between investors and management and should use the above referenced number (712) 432-1001, then enter access number 478160058. About iFinix Corp.:iFinix is a diversified information technology services and solutions company with expertise systems integration, outsourcing, infrastructure and server technology. iFinix has establ...Click here to read the whole Article (external link)
iFinix Completes Successful Shareholder Meeting
PLAINVIEW, NY--(Marketwire - 09/15/09) - iFinix Corp (Pinksheets:INIX - News), a provider of real-time financial information and services to active traders and to the securities industry, announced today it has successfully completed their first annual shareholders meeting. Confident in all aspects of their business plan, an impressive iFinix team went face to face with a small, but inquisitive shareholder group at their 1st annual iFinix shareholders meeting held September 14, 2009, in Las Vegas.The Management and board of directors clearly illustrated the company's going forward business plan to be implemented for future dynamic growth.Ricardo Moreno gave a powerful demonstration of what the company believes is among the industry's best quality and most competitive software products on the market.Lastly, CEO Benhope Munroe discretely mentioned that the filing for the company's 15c211 is in the works. However at the request of the Market Maker, Mr. Munroe withheld the name of the filing firm at this time.It was particularly gratifying to overhear one of the attendees comment, "This company is really a class act."About iFinix Corp.:iFinix is a diversified information technology services and solutions company with expertise 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 ...Click here to read the whole Article (external link)
Ifinix Corp. Opens Window of Opportunity
PLAINVIEW, NY--(Marketwire - 08/07/09) - iFinix Corp. (Pinksheets:INIX - News), a provider of real-time financial information and services to active traders and to the securities industry, announced today that all "A" warrants are in the mail. Also, the company is offering a special opportunity to all warrant shareholders. CEO Benhope Munroe stated, "We are at a point in time when the company could begin to experience exponential growth. The opportunities availed to us at this time seem limitless. In order to take advantage of these opportunities, we need to 'fast track' the launching of our products. It will require an infusion capital to fuel this growth. Therefore we are offering all warrant holders the following opportunity."In order to drive capital into the company, iFinix is opening a window of opportunity to all warrant holders. All warrant holders that exercise their "B" warrant on or before September 11th, 2009 will receive 2 shares of restricted common stock for a total cost at $.003 or $.0015 per share. The use of proceeds will be directed specifically towards taking advantage of the opportunities available to launch and market iFinix RealTime. Thereafter the "B" warrants will maintain its stated expiration date of December 30th, 2009.All eligible shareholders should be receiving their "A" warrants shortly. If anyone does not receive their warrants by Wednesday, August 12, 2009, notify the company at (516) 504-3981.About iFinix Corp.:iFinix is a diversified information technology services an...Click here to read the whole Article (external link)
iFinix Corp. Reports Financial Results for Quarters Ended March 31st, and June 30th, 2009
PLAINVIEW, NY--(Marketwire - 08/06/09) - iFinix Corp. (Pinksheets:INIX - News) today reported its financial results for the quarters ending March 31st and June 30th, 2009. iFinix Corp. reported revenues of $120,693, a loss of $62,373 for the quarter ended March 31st, 2009. These revenues were derived primarily from its wholly owned subsidiary iFinix Futures. This represents an increase of $119,461, and a reduction in losses of $234,668 for the same period last year.For the period ended June 30th, 2009 iFinix reported revenues of $101,531, a loss of $73,293 for the quarter. These revenues were derived primarily from its wholly owned subsidiary iFinix Futures. This represents an increase of $100,300 in revenues, and a reduction in losses of $219,081 for the same period last year.iFinix CEO Benhope Munroe commented, "iFinix is pleased to report our current financials, since they represent a market turnaround in the financial history of the company. Management believes that this is only the beginning for iFinix; as we anticipate continued improvement in our revenues due to the steady growth of iFinix Futures, the addition of the Island Forex division and the proposed addition of iFinix Capital, but most significantly from the launching our redeveloped, multi-facetted trading software. We remain fervently dedicated to achieve the goals set forth in our business plan by year end."View Report: ...Click here to read the whole Article (external link)
iFinix Corp. Releases Teleconference and Shareholder Meeting Info
PLAINVIEW, NY--(Marketwire - 08/03/09) - iFinix Corp (Pinksheets:INIX - News), a provider of real-time financial information and services to active traders and to the securities industry, announced today that it has archived its teleconference. For those investors who were unable to participate in today's teleconference, iFinix Corporation has archived its teleconference for 30 days. It is available by dialing the following number (712) 432-1011 with access code 467997751."We are looking forward to further interaction with our shareholders at our annual meeting in September," stated C.E.O. Benhope Munroe.The annual shareholders meeting will be held at the Stratosphere Hotel and Casino at 2pm on September 14th, 2009. Shareholders, who wish to reserve accommodations at the Stratosphere between September 13th and September 17th 2009, can begin making reservations on August 6th 2009 by calling 1-888-967-2537 and using the group discount code C-IFINI.About iFinix Corp.:iFinix is a diversified information technology services and solutions company with expertise 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 ...Click here to read the whole Article (external link)
iFinix Corp. Attains Controlling Interest in Beckman Holdings
PLAINVIEW, NY--(Marketwire - 07/31/09) - iFinix Corp. (Pinksheets:INIX - News), a provider of real-time financial information and services to active traders and to the securities industry, announced today that it has completed the acquisition of a 55% interest in Beckman Holdings Inc. Through a series of private transactions with individual shareholders, iFinix has now completed the acquisition of 55% ownership in Beckman Holdings. Beckman is the parent company of its wholly owned subsidiary, Island Forex Currency Trading Inc. As stated earlier this year, it is iFinix's objective to build businesses in the Commodities market, the Foreign Currency market and the Equities market. The management believes that, aside from these businesses having the potential to become significant profit centers for iFinix, the company also intends to use each of these subsidiaries as platforms to launch its redeveloped, multi-faceted trading software.CEO, Benhope Munroe, stated, "We intend to use the same strategy that we used in acquiring 100% of ProActive Futures to eventually acquire 100% ownership of Island Forex." Munroe further stated, "We will be dedicating our management resources and utilizing the same marketing techniques to take Island from being a small cash flowing company and building it into a recognized name within the industry."Furthermore, iFinix is currently in the process of launching "iFinix Capital," which will be the last step necessary to fulfill the first phase of its revised business plan.About iFinix Co...Click here to read the whole Article (external link)
iFinix Corp. Board Votes to Extend Expiration Date of Warrants
PLAINVIEW, NY--(Marketwire - 07/17/09) - iFinix Corp (Pinksheets:INIX - News), a provider of real-time financial information and services to active traders and to the securities industry, announced today that it has extended the Warrant Expiration Date. In a board of directors meeting held on July 16, 2009, the board of iFinix Corp voted to extend the expiration date of INIX "A" warrants until September 30, 2009.The company is opening up a "Warrant Hotline" as a method to assist shareholders to better understand the terms and conditions of the "A" and "B" Warrants."The "Warrant Hotline" will be open from 12 p.m. to 4 p.m. EDT on Mondays, Wednesdays and Fridays, commencing on Monday, July 20, 2009 until Friday, July 31, 2009. The hotline will resume with the same schedule on Wednesday, September 9, 2009 and continue until Wednesday, September 30, 2009.Warrant Hotline number is (516) 714 4130.About iFinix Corp.:iFinix is a diversified information technology services and solutions company with expertise 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 ...Click here to read the whole Article (external link)
