iFinix Corp. Reports Third Quarter Financial Results
November 15 2011 - 12:54PM
Marketwired
iFinix Corp (PINKSHEETS: INIX), a provider of real-time financial
information and services to active traders and to the securities
industry, today announced its financial results for the third
quarter.
iFinix Corp. reported revenues of $61,780, and a loss of $13,967
for the quarter ending September 30, 2011. This represents a
decrease in revenues of $73,738 and a decrease in losses of $92,653
compared to the same period last year.
iFinix Chairman, Douglas Spadaro, stated, "iFinix management
plans to restructure the company and move forward as a general
holdings company rather than being restricted to the financial
industry. Our primary focus will be revenue generation and we are
taking steps toward this goal. The company is in final negotiations
to make this happen through an acquisition. iFinix is still working
diligently towards enhancing shareholder value and believes the
market will adjust upward to align with our perceived worth."
View Report: http://www.otcmarkets.com/stock/INIX/financials
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. www.ifinix.com www.ifinixsoftware.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.
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