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Infrax
Systems, Inc. (OTC:IFXY)
Paul J. Aiello, CEO
6365 53rd Street North
Pinellas Park, FL 33781
Phone: 813-841-0407
www.infraxinc.com
Posted:
August 13, 2010 |
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5
Day Stock chart |
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| Shares
Outstanding: 155 mill |
Industry:
Technology |
| Public
Float: 35 mill |
Price
Target: $0.05 |
Picked By: N/A |
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Technical Analysis
As of August 15, 2010, IFMY has found a strong support base around
the $0.005 price range. The MACD is still in negative territory,
but is close enough to make a move into the positive range, which
could indicate a breakout above the 50 day moving average. The
stochastics are current at 33.33, but could be indicating a
possible move up. As the 50 day comes down to reach the $0.005
price support watch for increased volume for possible move above
the 50 day, which could indicate a potential move up to the 200
day at $0.02 per share.
With around 155 million shares issued and outstanding the company
is currently trading at a market cap valuation of only around
$800,000. The view who has chosen this pick has issued their own
price target of $0.05 per share.
Additional
DD info
About Infrax Systems
Infrax Systems offers a series of interrelated operational
management, communications, and grid security related products and
services known as Secure Intelligent Energy Platform (SIEP). Our
products enable a comprehensive and unified solution for
communications and applications management of the Smart Grid. SIEP™
incorporates a wide array of communications, security, device and
data management tools for Smart Grid applications such as advanced
metering solutions and grid optimization. SIEP platform creates a
unified solution to securely manage Advanced Metering
Infrastructure (AMI) and distribution automation. Infrax's secure
smart grid platform incorporates a communications transport and
management system, device and data security management, and
ultimately secures intelligent endpoint devices (SIED). The secure
management of the "last mile" backhaul will be necessary
for utilities to implement Smart Grid applications including AMI,
real-time pricing, Demand Side Management (DSM), Distribution
Monitoring and Automation. When combined, these applications can
offer economic, operational and environmental benefits for
utilities, and ultimately the utility's customers.
For INFRAX Systems information,
contact Investors@Infraxinc.com
or visit www.infraxinc.com
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Safe Harbor Statements:
This
investor presentation may include statements that may constitute
forward-looking statements made pursuant to the safe harbor
provisions of the U.S. Private Securities Litigation Reform Act of
1995. Although the Company believes that the expectations
reflected in such forward-looking statements are based on
reasonable assumptions, such statements are subject to risks and
uncertainties that could cause actual results to differ materially
from those projected.
Disclaimer:
This is NOT a solicitation to Buy or Sell any security, but rather
is for informational purposes only. Content contained herein
includes facts, views, opinions and recommendations of individuals
and organizations deemed of interest. Wall Street Newscast
("WSNC") does not guarantee the accuracy, completeness
or timeliness of, or otherwise endorse these views, opinions or
recommendations, or give investment advice. WSNC, its affiliates,
or directors, may or may not hold a position in the above security
from time to time, and investors are encourage to consider this as
a possible conflict of interest when reviewing this information.
In Compliance with SEC Rule 17B Wall Street Newscast was compensated
one hundred and ten dollars by a shareholder for featured
profiling and distribution of company information and content, thus should be
considered a conflict of interest when reviewing this report..
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