iFinix Corp. Sets Terms of the "A" Warrant
PLAINVIEW, NY, Jul 13 (MARKET WIRE) --
iFinix Corp (PINKSHEETS: INIX), a provider of real-time financial
information and services to active traders and to the securities
industry, announced today the terms of its warrants.
The "A" Warrants will be issued to shareholders of record as of July 8th,
2009 (the "Record Date"). The "A" Warrants will entitle shareholders to
purchase one share of iFinix common stock at the price of $.0008 for each
share of common stock owned by the shareholder. The "A" Warrants will
expire on August 14th, 2009. In addition to receiving a share of common
stock upon exercise of the "A" Warrant, the exercising Warrant holder will
also receive a "B" Warrant. The "B" Warrant will entitle the shareholder
to purchase an additional share of iFinix common stock at a price of
$.003 for each share of common stock owned as of the Record Date. The
expiration date of the "B" Warrants will be December 30th, 2009.
CEO Benhope Munroe stated, "It is our hope that as many shareholders as
possible are in a position to take advantage of this opportunity, which
offers long-time shareholders the ability to reposition themselves for the
long-term growth potential of iFinix; and of course the exercising of
iFinix warrants results in small infusions of capital necessary for the
company to achieve its near term goals."
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 http://www.iFinix.com, www.ifinixforex.com,
www.proactivefutures.com.
Legal Notice Regarding Forward-Looking Statements:
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
516-504-3981
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