SOURCE: iFinix Corporation
WHITE PLAINS, NY--(Marketwire - Sep 27, 2012) - iFinix Corp (PINKSHEETS: INIX), a consulting and management holdings company consisting of several subsidiaries, today announced its financial results for the year ending December 31st, 2011, March 31, 2012 and June 30, 2012.
iFinix Corp. reported revenues of $417,669 and a loss of $283,723 for the year ending December 31, 2011. This represents a decrease in revenues of $88,191 and a decrease in losses of $165,403 compared to the same period last year.
iFinix Corp. reported revenues of $46,100 and a loss of $28,854 for the quarter ending March 31, 2012. This represents a decrease in revenues of $115,327 and an increase in losses of $3,093 compared to the same period last year.
iFinix Corp. reported revenues of $3,370 and a loss of $45,161 for the quarter ending June 30, 2012. This represents a decrease in revenues of $160,363 and an increase in losses of $23,872 compared to the same period last year.
Financials can be viewed at www.otcmarkets.com.
CEO Benhope Munroe stated, "We are looking forward to bringing new streams of revenue into the company in the near future. We have been able to put together a strategic management plan that we believe will solidify the company's position and serve as a foundation for future accomplishments as mentioned in our previously stated goals."
About iFinix Corp.
iFinix Corporation is a consulting and management holdings company that consists of several subsidiaries. iFinix is developing 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.buildmasters.us.
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.