-
S.Africa sounds alarm as infant vaccinations plummet
-
Finland defends shores against oil spill risk
-
Toulouse have salary cap fine reduced on appeal
-
Iraola hoping for 'good news soon' in Liverpool pursuit of Barcola
-
Tech stocks lifted by Nvidia but caution dominates ahead of Fed speech
-
Iran executes over 500 people in 2026: rights group
-
'Smart cricketer' Dinusha helps Sri Lanka draw second India Test
-
Srebrenica: Massacre that outraged the world
-
Zambia opposition leader surrenders to police: state media
-
After US settlement, EU says Meta must 'protect our kids too'
-
Alleged 9/11 mastermind to go on trial in June 2028
-
Germany-led 'frugal' EU states demand budget plan cuts of 'several hundred billion'
-
Abbas's treble strike rocks England in second Test
-
Ratko Mladic: Serb crusader dubbed 'epitome of evil'
-
'Butcher of Bosnia' Ratko Mladic dead: Serbian state media
-
Pramac Yamaha replace Miller with Guevara for 2027 MotoGP season
-
New Zealand make three changes for second South Africa Test
-
Bouaddi needs time at Man City despite 100m euro fee, says Maresca
-
Stocktwits Expands CME Group Alliance with the Integration of Single Stock Futures Data
-
MEXC Launches SHEIN Subscription with $1M Quota as Inaugural IPO Express Event
-
'Mature' Colapinto extends contact with Alpine through 2027
-
Iran, Qatar hold Hormuz talks as US blockade chokes Iran oil imports
-
Atletico rule out any talks with Barcelona over Alvarez
-
Defiant Dinusha helps Sri Lanka draw second India Test
-
Tech stocks lifted by Nvidia as broader markets struggle
-
Pakistan bowl against England in rain-delayed second Test
-
Delap joins Nottingham Forest in club-record deal
-
Barcola move from PSG to Liverpool 'on track': source
-
ICC President Akane Warns U.S. Sanctions Threaten Court's Future
-
Swallowed by silt: Survivors recount Nepal flood horror
-
Delays in Cancer Radiotherapy and Surgery Target Times
-
Germany's Merz hosts 'frugal' leaders ahead of EU budget battle
-
Acrid stench, charred walls reveal devastation of Pakistan infant ward fire
-
Barca sign Croatia goalkeeper Livakovic
-
Norway holds its breath as King Harald's health deteriorates
-
Rain delays England's bid to put off-field incidents behind them
-
Germany reports record 15,800 heat-related deaths this summer
-
World record holder Sawe withdraws from Berlin Marathon
-
YouTuber Chris Sails Arrested for Allegedly Falsifying Emergency Report
-
Driven by faith, activists stand up to fellow Jews to protect Palestinians
-
Dinusha defiant as Sri Lanka lead by 170 in India Test
-
Therapy Culture Performance: How the Lindsay Clancy Trial Sparked a Trend of Viral Maternal Distress
-
Taiwan lawmakers approve $7.6 bn drone budget as China threat grows
-
Norway's King Harald, 89, in 'extremely serious' condition
-
TechCentral.ie Daily Briefing: Agentic AI Firm Doubles Headcount to 60
-
How a glacier collapse may have caused Nepal-Tibet disaster
-
KiiChain Integrates TRON to Expand 24/7 On-Chain FX and Stablecoin Payments
-
Harmovest Capital Strengthens Global Financial Services Through Technology and Compliance
-
Japan to survey animal cafes over hygiene, welfare concerns
-
Nvidia to buy AI platform Hugging Face for $12.9 bn: report
Infrax Systems, Inc (OTC:IFXY) Dba US Standard Capital Provides Shareholder Update
Four Homes Recently Sold, US Standard Capital Fund, 2024 Audit
Four Homes Recently Sold, US Standard Capital Fund, 2024 Audit
Infrax Systems, Inc. (OTC PINK:IFXY) dba US Standard Capital (the "Company") is pleased to provide shareholders with an update of recent activities and its progress on previously announced plans:
The Company recently sold the four homes it had on the market and proceeds from the sales will be reinvested in new properties. Sales of these properties will appear in our next quarterly report. The Company still has 13 properties currently being renovated and expects to have a minimum of four more properties completed and available for sale in January.
The Company has created a private fund, U.S. Standard Capital Fund LLC, that is available only to accredited investors. The purpose of the fund is to accelerate our growth by raising additional capital that will be used solely for purchasing new properties for development and rehabilitation. The Company is currently seeking to raise $8 million through the fund with the goal to complete 60 projects in the 2025 calendar year. Capital raised through the private fund will be non-dilutive to IFXY shareholders.
The Company is currently still working on its audit for its 2024 fiscal year that ended on June 30, 2024, and expects it to be completed in the near future. The Company is also continuing to work with its attorneys to prepare the text of its S-1 registration statement and plans to file it with the SEC once the 2024 audit is complete. The Company plans to file the S-1 sometime in the next few months.
"Exciting times ahead!" stated Mr. Jose Pineda, the Company's CEO. "As we approach 2025, we are filled with anticipation for the growth and success that the new year will bring for our company. With big plans and ambitious goals on the horizon, we are ready to take on new challenges, innovate, and expand our reach. Here's to a promising and prosperous year ahead!"
The Company will continue to provide regular updates as it moves forward and executes its plans to build stable, profitable operations and long-term shareholder value.
About Infrax Systems, Inc.
Infrax Systems, Inc. is focused on acquiring assets and companies in the real estate sector, including housing development, construction, remodeling, and financing. The Company also provides products and services that address the various challenges faced by Latin American immigrants.
Contact Information:
https://twitter.com/jpineda100
https://www.usstandardcapital.com/
https://www.jpdevelopersoftexas.com/
https://www.cornerstonehtx.com/
Shareholder/Investor inquiries for Infrax Systems, Inc.:
Infrax Systems, Inc.
1-(786) 583-6642
[email protected]
Safe Harbor Statement: In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company's future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company's website. The Company disclaims any responsibility to update any forward-looking statements.
E.Flores--AT