Infrax Systems, Inc (OTC:IFXY) Dba US Standard Capital Provides Shareholder Update
Infrax Systems (OTC:IFXY) has provided a shareholder update highlighting several key developments. The company has successfully sold four homes, with proceeds earmarked for reinvestment in new properties. Currently, 13 properties are under renovation, with four more expected to be ready for sale in January.
The company has established U.S. Standard Capital Fund , a private fund targeting accredited investors, aiming to raise $8 million to support 60 projects in 2025. This funding structure will be non-dilutive to IFXY shareholders.
The company is finalizing its 2024 fiscal year audit (ended June 30, 2024) and preparing an S-1 registration statement for SEC filing in the coming months.
Infrax Systems (OTC:IFXY) ha fornito un aggiornamento agli azionisti evidenziando diversi sviluppi chiave. L'azienda ha venduto quattro case, con ricavi destinati a essere reinvestiti in nuove proprietà. Attualmente, 13 proprietà sono in ristrutturazione, con altre quattro che dovrebbero essere pronte per la vendita a gennaio.
L'azienda ha istituito il U.S. Standard Capital Fund, un fondo privato destinato a investitori accreditati, con l'obiettivo di raccogliere 8 milioni di dollari per supportare 60 progetti nel 2025. Questa struttura di finanziamento non diluirà le azioni degli azionisti di IFXY.
L'azienda sta completando l'audit dell'anno fiscale 2024 (terminato il 30 giugno 2024) e sta preparando una dichiarazione di registrazione S-1 per la presentazione alla SEC nei prossimi mesi.
Infrax Systems (OTC:IFXY) ha proporcionado una actualización a los accionistas destacando varios desarrollos clave. La empresa ha vendido cuatro casas, con los ingresos destinados a reinversión en nuevas propiedades. Actualmente, 13 propiedades están en renovación, y se esperan otras cuatro listas para la venta en enero.
La compañía ha establecido el U.S. Standard Capital Fund, un fondo privado dirigido a inversionistas acreditados, con el objetivo de recaudar 8 millones de dólares para apoyar 60 proyectos en 2025. Esta estructura de financiamiento no diluirá las participaciones de los accionistas de IFXY.
La empresa está finalizando la auditoría de su año fiscal 2024 (que finalizó el 30 de junio de 2024) y preparando una declaración de registro S-1 para presentar a la SEC en los próximos meses.
Infrax Systems (OTC:IFXY)는 여러 주요 개발 사항을 강조하는 주주 업데이트를 제공했습니다. 회사는 네 채의 집을 판매했습니다, 구입 대금은 새로운 부동산에 재투자할 예정입니다. 현재 13채의 부동산이 리노베이션 중이며, 더불어 4채는 1월에 판매될 것으로 예상됩니다.
회사는 미국 표준 자본 기금을 설립했으며, 이는 인증된 투자자를 대상으로 하여 2025년 60개의 프로젝트를 지원하기 위해 800만 달러를 모금하는 것을 목표로 합니다. 이 자금 구조는 IFXY 주주들에게 희석 효과가 없습니다.
회사는 2024 회계 연도 감사(2024년 6월 30일 종료)를 마무리하고 있으며, 향후 몇 달 내에 SEC 제출을 위한 S-1 등록 성명을 준비하고 있습니다.
Infrax Systems (OTC:IFXY) a fourni une mise à jour aux actionnaires mettant en avant plusieurs développements clés. L'entreprise a vendu quatre maisons, les revenus étant destinés à être réinvestis dans de nouvelles propriétés. Actuellement, 13 propriétés sont en cours de rénovation, et quatre autres devraient être prêtes à la vente en janvier.
L'entreprise a établi le U.S. Standard Capital Fund, un fonds privé visant les investisseurs accrédités, avec pour objectif de lever 8 millions de dollars pour soutenir 60 projets en 2025. Cette structure de financement ne diluera pas les parts des actionnaires d'IFXY.
L'entreprise finalise l'audit de son exercice fiscal 2024 (terminé le 30 juin 2024) et prépare une déclaration d'enregistrement S-1 pour le dépôt auprès de la SEC dans les mois à venir.
Infrax Systems (OTC:IFXY) hat ein Update für die Aktionäre bereitgestellt, in dem mehrere wichtige Entwicklungen hervorgehoben werden. Das Unternehmen hat erfolgreich vier Häuser verkauft, deren Erlöse für die Wiederinvestition in neue Immobilien vorgesehen sind. Derzeit befinden sich 13 Immobilien in Renovierung, wobei weitere vier im Januar zum Verkauf bereit sein sollen.
Das Unternehmen hat den U.S. Standard Capital Fund eingerichtet, einen privaten Fonds, der sich an akkreditierte Investoren richtet und insgesamt 8 Millionen Dollar zur Unterstützung von 60 Projekten im Jahr 2025 sammeln möchte. Diese Finanzierungsstruktur wird für die IFXY-Aktionäre nicht verwässernd sein.
Das Unternehmen beendet derzeit die Prüfung des Geschäftsjahres 2024 (endete am 30. Juni 2024) und bereitet eine S-1-Registrierungserklärung für die Einreichung bei der SEC in den kommenden Monaten vor.
- Successfully sold four properties with proceeds for reinvestment
- 13 properties currently under renovation with 4 more ready in January
- Launched private fund targeting $8 million for 60 projects in 2025
- Non-dilutive funding structure preserves shareholder value
- Delayed 2024 fiscal year audit completion
- S-1 registration statement filing pending audit completion
Four Homes Recently Sold, US Standard Capital Fund, 2024 Audit
HOUSTON, TX / ACCESSWIRE / December 16, 2024 / 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
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
info@usstandardcapital.com
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.
Contact Information
Jose Pineda
CEO
jose@usstandardcapital.com
786-583-6642
SOURCE: Infrax Systems, Inc.
View the original press release on accesswire.com
FAQ
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