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Last $0.18 USD
Change Today +0.005 / 2.86%
Volume 22.6K
IFNY On Other Exchanges
As of 3:44 PM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

infinity energy resources (IFNY) Snapshot

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52 Week High
09/11/14 - $1.30
52 Week Low
07/31/15 - $0.17
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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infinity energy resources (IFNY) Details

Infinity Energy Resources, Inc., an independent energy company, engages in the exploration of oil and gas resources. It holds a 100% interest in the Perlas Block, which covers an area of 560,000 acres/2,268 kilometers and the Tyra Block that covers an area of 826,000 acres/3,342 kilometers in the shallow waters offshore Nicaragua in the Caribbean Sea. The company was founded in 1987 and is headquartered in Overland Park, Kansas.

2 Employees
Last Reported Date: 05/15/15
Founded in 1987

infinity energy resources (IFNY) Top Compensated Officers

Executive Chairman, Chief Executive Officer a...
Total Annual Compensation: $100.0K
Chief Financial Officer, Treasurer, Secretary...
Total Annual Compensation: $100.0K
Compensation as of Fiscal Year 2014.

infinity energy resources (IFNY) Key Developments

Infinity Energy Resources Inc. - Special Call

To provide investors with further details regarding the financing and its plans to proceed with exploratory activities

Infinity Energy Resources Inc. Auditor Raises 'Going Concern' Doubt

Infinity Energy Resources Inc. filed its 10-K on Feb 04, 2015 for the period ending Dec 31, 2014. In this report its auditor, Russell Bedford Stefanou Mirchandani LLP - RBSM LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Infinity Energy Resources Inc. Appoints RBSM, LLP Auditor, Replacing L.L. Bradford & Company, LLC

On January 16, 2015, Infinity Energy Resources Inc. was notified that L.L. Bradford & Company, LLC had entered into an agreement under which it merged with RBSM, LLP. In connection with such agreement the parties decided that RBSM, LLP will perform services for all clients of L.L. Bradford & Company, LLC who are reporting companies with the Securities and Exchange Commission.  Thus, pursuant to this agreement, the Company's financial statements will be audited by RBSM, LLP and no longer by L.L. Bradford & Company, LLC. The reports provided by L.L. Bradford & Company, LLC in connection with the company's financial statements for the fiscal year-ended December 31, 2013, did not contain an adverse opinion or disclaimer of opinion, nor was the report qualified or modified as to uncertainty, audit scope, or accounting principles, except that L.L. Bradford & Company, LLC's report contained an explanatory paragraph regarding substantial doubt about the Registrant's ability to continue as a going concern. There were no disagreements between the company and L.L. Bradford & Company, LLC on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures. As reported above, on January 16, 2015, the Audit Committee appointed RBSM, LLP to be the company's independent registered public accountant for the fiscal year ending December 31, 2014. During the two most recent completed fiscal years and through January 21, 2015, neither the Company nor anyone on its behalf consulted with RBSM, LLP regarding any of the following: the application of accounting principles to a specific transaction, either completed or proposed; the type of audit opinion that might be rendered on the company's financial statements, and none of the following was provided to the company (a) a written report, or (b) oral advise that RBSM, LLP concluded was an important factor considered by the company in reaching a decision as to an accounting, auditing or financial reporting issue; or any matter that was subject of a disagreement, as the term is defined in Item 304(a)(1)(iv) of Regulation S-K, or a reportable event, as described in Item 304(a)(1)(v) of Regulation S-K.


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