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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 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
SOURCE: iFinix Corporation
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