IFLB.OB > New Ticker Symbol > PHEI.PK

[Ramsburg]

I got IFLB on my watch list for 6 months...now it s time guys.!!!!! Let s rock ramsburg and co!

make no mistake about it: EliteG made this pick on the board
The chart looks terrific, I don't know what will happen this week with this penny, but anyone that is enjoying this pick should [applaud] EliteG... he's the man ! 

Don't forget this is a penny, with big Risk (and reward ratio  )

let's rock

[eliteG]

thx a lot, Rams 

I think there are very many elements going our way on this one...

The risk/reward ratio is highly in our favor but still the risk remains great(as in any penny.)

+amazing volume
+double bottom
+tall candle
+heavily shorted
+product due to come out shortly

woohoo

[setravis]

I have joined the crowd here.......
some news update out on may 31,2005


SARASOTA, Fla., May 31, 2005 /PRNewswire-FirstCall via COMTEX/ -- Infinium Labs (IFLB, Trade) today announced that its president and chief operating officer, Kevin Bachus, is featured in a video interview on the Web site of Dow Jones MarketWatch. In a report by MarketWatch's Scott Banerjee entitled "Video Games On Demand," Mr. Bachus discusses the company's plans to launch the Phantom Game Service(TM) in North America.

The interview is available for viewing as a video stream at http://www.ereleases.com/pr/2005-infinium-mw.html.


During the interview, Mr. Bachus discusses: 
     -- Why the Phantom Game Service appeals to avid gamers and expands the 
        audience for video games by offering the convenience of on-demand 
        service; and 
     -- The Company's milestones along its path to launching the Phantom Game 
        Service. 

Mr. Bachus is slated to appear on a segment of the Dow Jones MarketWatch Weekend TV show on an upcoming date in June (check your local listings). The segment is expected to show Mr. Bachus demonstrating the Phantom Game Service and Phantom Game Receiver.

About MarketWatch, Inc.

MarketWatch, Inc. is wholly owned subsidiary of Dow Jones & Company, Inc. and is a leading provider of business news, financial information and analytical tools. The Company operates two award-winning Web sites, MarketWatch.com and BigCharts.com, as well as the stock market simulation site, VirtualStockExchange.com. The Company produces the syndicated MarketWatch Weekend television program and provides radio updates every 30 minutes on the MarketWatch.com Radio Network. MarketWatch also offers subscription products for individual investors, including the Hulbert Financial Digest suite of products, Retirement Weekly and ETF Trader. The Company's MarketWatch Licensing Services group is a leading licensor of market news, data, investment analysis tools and other online applications to financial services firms, media companies, wireless carriers and Internet service providers.

About Infinium Labs

Based in Sarasota, Fla., Infinium Labs (IFLB, Trade) is in development of The Phantom Game Service, the first end-to-end, on-demand game service. Delivered over broadband, the Phantom Game Service will offer casual and avid gamers a broad library of titles, available anytime, day or night, from the comfort of their living room. Infinium Labs is led by a management team with extensive experience in interactive media, entertainment, broadband services, technology and video games. For more information, please visit http://www.phantom.net.

Safe Harbor Statement

Certain statements included in this press release may constitute forward- looking statements. Actual results could differ materially from such statements expressed or implied herein as a result of a variety of factors including, but not limited to: the development of the Infinium Labs technology, the successful marketing and distribution of the Phantom Gaming System, acceptance by the market of Infinium Labs' products and technology, competition and timing of projects and trends in the gaming industry, as well as other factors expressed from time to time in filings Infinium Labs will make with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with periodic filings Infinium Labs makes with the SEC. The forward-looking statements contained herein are made only as of the date of this press release, and Infinium Labs undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.


Contact for Infinium Labs: 
     James Roberts 
     (941) 556-8004 
     [email protected] 

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.

SOURCE Infinium Labs, Inc.


James Roberts, Infinium Labs, +1-941-556-8004, [email protected] 

http://www.prnewswire.com 

Copyright (C) 2005 PR Newswire. All rights reserved.

[ehos]

Hate to toss cold water onto your theories, but Infinium has a very sordid past...

http://www.hardocp.com/article.html?art=NTEyLDI=

Hope it hits big though, and I hope they actually release SOMETHING !

[eliteG]

this article is from 2003 ehos.  much has changed as there definately is a product and service.  awaiting a positive announcement this week to pump the stock.  but of course history is important 

[boatguy]

Wonder why there are so many insiders selling with a new product getting ready to enter the market?

http://finance.yahoo.com/q/it?s=IFLB.OB

[ehos]

Some disturbing things...
1) The company CEO, insiders are all 'family' members, I realize the article on Hardcop is a few years old.  But nothing has changed!  The headquarters are still empty, the bosses are still the same.  The resume is still lacking.

2) I read their SEC filings.  I know by their nature they are very 'scary', but this company could vanish tomorrow.  They are easily 38+million in debt, and they need 11 Million at least to launch.   Even with that they need 100,000 subs in one year.  Scary!

3) I think the will most likely be bought out.  I hope that they launch, but so far, vapourware.   They have a machine (didn't look impressive!) and not much of it is functional.  On the video he didn't actually do much.

I will take the 'wait and see' on this. 

[calven]

I am also skeptical on this one also. However, I do notice that the stock has went from .02 to $1.50 twice now. I also doubt that the company would go worthless with the release of a new product soon. Probably a good time to buy in around the .10 level if we get the chance. That would make a double bottom...Not to mention it seems like every 6 months the stock gets pumped up above $1.00 if you look at historical charts. I will likely buy in with $1,000.00 or something small and see what happens.

This company is in actuality a pile of crap as is but the stock could get pumped up pretty high. These insider sales show you that the insiders arent willing to put there money where there mouth is...you would think with such a huge product coming out they would be buying up stock??

ALL SELLS!

http://finance.yahoo.com/q/it?s=IFLB.OB

http://finance.yahoo.com/q/ir?s=IFLB.OB

Look even our other favorite CYOS.OB has insiders owning a good amount of shares!

http://finance.yahoo.com/q/ir?s=CYOS.OB

[ehos]

I'm not worried about insider selling.  It's obvious they need cash, and the amounts aren't that worysome.  (If they sold ALL their shares, THAT would be bad).

I'm worried about their hype.  Their CEO is a clown.  Actually the only reason to buy would be the chart!  And Kevin Bacus!   Is that enough?

[ehos]

Ah, who cares, bought in at .135

Let's go!

[eliteG]

ehos - its ironic ...you are one of the posters that convinced me to scale down the position...its become a small % of my portfolio this AM... but I hope it rockets off 

[ehos]

I am very skeptical, so I bought a play money amount of it.  I'm still worried about their issues, but the price seems too low, volume too high and somehow Kevin Bachus instills faith in me to buy.

At these prices, I'm not so worried.

[dhiraj19]

This stock is still holding at 0.129. Candlestick chart today shows same story as for last 3 days. Historically, what does your experience from other stocks say that this will take from this pattern to go to white candlestick pattern? ( 2 days, 2 weeks, etc).

Any comments... EliteG, Ramsburg, David, aussietrader.....

[eliteG]

Hi dhiraj19,

this is what the general has to say:
http://www.3stocksonfire.org/trading/index.php?topic=444.45

I have decided to scale down my position. but the truth is it is consolidating very tightly and should see a great expansion.  The only question is which way?  So far price and volume tell us they are waiting for something.

Here is a chart..

[ehos]

There is a huge consolidation on IFLB, as well, institutional ownership is rocketing up!
Today almost 17% of the trade volume was institutional, which, to me is a good sign.

http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?t=IFLB&range=0&mgp=0&x=21&y=2&hdate=