SOURCE: iFinix Corp

February 17, 2015 08:00 ET

iFinix Corporation Announces Change in Control, Appointment of New Officer and Director

HARRISON, NY--(Marketwired - Feb 17, 2015) - iFinix Corporation (OTC PINK: INIX) ("iFinix") announced today that effective December 24, 2014, the board of directors of iFinix appointed Mr. David Michery as Chief Executive Officer and Director of iFinix. Immediately thereafter, Mr. Benhope Munroe resigned as an officer and director of iFinix, with the result that Mr. Michery became the sole officer and director of iFinix. In connection with this change in executive control, iFinix' board of directors agreed to issue to Mr. Michery 30,000,000 shares of iFinix preferred stock, giving Mr. Michery voting control of iFinix on all matters requiring a vote of iFinix' stockholders. 

Information regarding Mr. Michery.

Mr. David Michery is the Chairman, Chief Executive Officer and sole director of iFinix. Mr. Michery is the president, chief executive officer and director of Primco Management, Inc. ("Primco") and has held those offices since February, 2013. Primco is a reporting issuer under the Securities Exchange Act of 1934, as amended. Further information regarding Primco may be found in Primco's public filings at Prior to his association with Primco, Mr. Michery was associated with various companies including First American Swift, Inc. (chief executive officer from 2005 to 2006), American Music Corporation (chief executive office from 1999 to 2006), United Music and Media Group (chief executive officer 2007-2012), and various other entities. From 2000 to 2006, Mr. Michery also consulted with various businesses in the entertainment industry and military protective armor.

Mr. Michery attended Pasadena City College and California Institute of Technology in 1983-1984. 

About iFinix

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.

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, as amended, 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 Information

  • Contact:
    Mr. David Michery