The following information (Items 1 through 16) is supplied by Infinite Network Corporation (formerly Harrison Digicom, Inc. originally named T2 Logic Corporation), a corporation organized under the laws of the State of Nevada (hereinafter referred to as “Issuer”) for the purpose of providing information to broker/dealers trading in the securities of the Issuer, in compliance with Rule 15c2-11(a)(5) of the Securities Exchange Act of 1934, as amended. The information herein provided follows the same numbering system found in the rule, to wit:
Item 1: Exact Name of the Issuer and Its Predecessor, (If Any)
Issuer: Infinite Networks Corporation (Formerly, Infinite Coffee Company, Harrison Digicom, Inc.)
Predecessor: T2 Logic CorporationType your paragraph here.
Item 2: Address of Principal Executive Office.
1112 Links Circle, Suite 10
Jonesboro, AR 72404
Item 3: State and Date of Incorporation of the Issuer.
State of Nevada on March 27, 1996
Item 4: Exact Title and Class of Security for which the Exemption is sought.
Item 5: Par or Stated Value of the Security for which the Exemption is sought.
$.001 per share par value
Item 6: Number of Shares or Total amount of the Securities Outstanding as of the End of the Issuer’s Most Recent Annual Year and Statement as to the Date of the Last Annual Year End.
As of December 31, 2015 there were 200,617,482 Voting Common Stock issued and outstanding, 185,432,409 restricted. As of December 31, 2014 there were 200,617,482 shares of Voting Common Stock issued and outstanding, of which 185,432,409 are restricted. The company has authorized 250,000,000 shares. The Issuer has 1229 active registered shareholders as of December 31, 2015 and expects another 300 to 500 in the open market.
Item 7: The Name and Address of the Transfer Agent.
Pacific Stock Transfer Company
4045 Spencer Street, Suite 403
Las Vegas, NV 89119
Item 8: Nature of the Issuer’s Business.
Infinite Networks Corporation, a Nevada Corporation was incorporated on March 27, 1993 as T-2 Logic Corporation in Nevada. At that time T-2 Logic was focused on the development of software and hardware. March 1998 it changed its name to Harrison Digicom and concentrated on developing opportunities in the telecommunications industry in Southeast Asia. The company filed a 15c2-ll statement and commenced trading on the OTC in May 1998. The Southeast Asia attempts into the telecommunication industry were unsuccessful and Harrison discontinued operation in 1999. Harrison was unable to meet the filing requirements of the 6520 ruling in 2000 and subsequently the stock has traded on the OTC- Pink sheets since that time. The Company completed a name change to Infinite Networks Corporation on September 24, 2002. On April 29, 2003 the company attempted to establish a coffee business and completed a name change to Infinite Coffee Company and one year later changed back to Infinite Networks Corporation on April 26, 2004. Infinite acquired International Television Film Productions in 2000, which owns nine television films with minimal sales.
Up to 2006 Infinite was a development stage company and its losses since inception are considered to be development stage losses. Infinite looked at other businesses during this time, but was not successful in any acquisitions. As a result Infinite engaged in little or no operations for a period of years, but was still seeking opportunities in the telecommunications area.
At the end of January 2006 Infinite entered into a written contract to acquire CET LLC a Florida Limited Liability Company, which represented that CET LLC had a worldwide license for the Solaroli patented license technology and which was signed on behalf of CET LLC by Al Solaroli on behalf of CET LLC and individually. As part of the overall acquisition Infinite also acquired an irrevocable exclusive worldwide license agreement, with sub license rights, for the CET technology represented by U.S. Patent 6,282,898, with the exclusion of the racing industry, from CET LLC, who had previously obtained a license from CET International, in exchange for a royalty payment of 5% of gross annual sales. The license agreement was executed by Al Solaroli, the original patent holder on behalf of both CET International and CET LLC. The acquisition agreement only was subsequently amended, during the reorganization process, resulting in the acquisition of CET LLC being completed in October 2007.
The license agreement stated that CET International had the patent rights and title, had previously executed a license to CET LLC and had the ability to execute the license agreement to Infinite. Mr. Solaroli became an Infinite board member subsequent to the signing of the acquisition agreement. He subsequently resigned from the Board in May 2007. Infinite discontinued working with Mr. Solaroli in 2008, but retains the rights to all patented technology accept for racing under U.S. Patent 6,282,898.
Due to the financial markets, Infinite laid off personnel in 2007 and has operated the company at the Board level. Mr. Bush and Mr. Guthrie have made a series of trips domestic and international to coordinate potential business opportunities and financial support.
As of January 18, 2016 Infinite is expected to start moving forward with a series of business opportunities that entail manufacturing of green technologies to for an array of non-related industry. Infinite also has financial commitments for 2016 to support the operational requirements of projected business plans and opportunities.
Item 10: The Nature and Extent of the Issuer’s Facilities.
The Issuer maintains it’s Corporate office at
1112 Links Circle, Suite 10
Jonesboro, AR 72404
Item 11: Names, Titles, Terms of office and Brief Description of the Executive Officers and Directors of the Board of Directors.
Director / Officer Since John W. Bush Director CEO, President, since 1998 through 2005, Selected as CEO in 2007. Held chairman position from July 2000 to December 2005 and 2007 to the present time.
Denton Guthrie, Director, CFO since December 1998 to date.
Mr. JOHN W. BUSH: Director and Officer. Mr. Bush was the CEO of Infinite since 1998 and Chairman since 2000 and agreed to take the position as President in 2006 under the reorganization. Mr. John W. Bush has more than 34 years of management experience and has been part of the telecommunications industry since pre-deregulation in 1982. He was co-founder of Schnieder Communications, Inc. where he was responsible for overall marketing and sales during the critical start-up years. As a senior manager, he gained experience in company acquisitions, mergers and purchasing of communications equipment. During the early years of deregulation, Mr. Bush was involved in lobbying the legislative body to ensure industry survivability. Mr. Bush was originally selected by MCI in 1986 to handle one of the most critical labor problems as the company was working through a nationwide reorganization of the company. Mr. Bush later established the Strategic Accounts for MCI and has held various executive positions in consumer sales to major accounts. Mr. Bush did the original presentation to the Board of Directors that later led to the full automation of the sales-force.
Mr. Bush later served as Vice President of Sales for WinStar Communications during its start-up period in developing the 38 GHZ marketplace. His varied experience in the development stage of communications companies and his senior management experience with companies such as MCI and WinStar qualify him to lead Infinite through its critical growth years.
Mr. Bush holds a MS in Business Administration from Cardinal Stritch College and a BS in Business Administration from the University of Wisconsin.
DENTON GUTHRIE: Director and Officer. Mr. Guthrie has been the CFO of Infinite since 1998. Mr. Guthrie has over 34 years of experience in business administration, accounting, investing, management advisory services and taxation, both domestically and internationally. His experiences include positions as Co-Founder and CFO, President, Chairman of the Board, and Director of various corporations and joint ventures.
Mr. Guthrie served as Executive Vice President, CFO and Director of American Ventures International, HGK Ltd. He gained more than six years of experience in the Southeast Asia marketplace with special focus in Vietnam in medical and educational humanitarian projects. He served as President of Spectrum Glass & Ceramics, Inc. for more than 10 years. Mr. Guthrie has operated as owner of a CPA firm for more than 34 years.
Mr. Guthrie holds a BS degree from California State University at Los Angeles in Business Administration and Accounting. He is a CPA certified through the California State Board of Accountancy.
Item 12: Issuer’s Most Recent Balance Sheet and Profit and Loss Earnings Statement.
See Exhibit “A”, Infinite Networks Corporation attached hereto and incorporated herein by the reference; and
Item 13: Similar Financial Information for such Part of the Two Preceding Fiscal Years as the Issuer or its Predecessor have been in Existence.
See Exhibit “A “, Infinite Networks Corporation, attached hereto and incorporated herein by this reference; and
Item 14: Is the Broker-Dealer or Associated Person Affiliated Directly or Indirectly with the Issuer?
The Issuer is not aware of any broker-dealer submitting quotation with respect to the securities of the Issuer who is affiliated directly or indirectly with the Issuer to the best of knowledge of present management.
Item 15: Is the Quotation Being Published/Submitted on behalf of any other Broker-Dealer, and if so, the name of such Broker or Dealer.
Management of the Issuer is not aware of any broker or dealer submitting quotations with respect to the Issuer’s Common Stock on behalf of any other broker or dealer.
Item 16: Is the Quotation Being Published/Submitted directly or Indirectly on behalf of the Issuer, or any Director, Officer or any Person Directly or Indirectly the Beneficial Owner of More than 10% of Outstanding Shares of any Security of the Issuer.
Management of the Issuer is not aware of any quotation or quotations being submitted which are submitted on behalf of the Issuer or any Director, Officer or 10% stockholder of the Issuer.
Dated this 5th day of January 2016
Infinite Networks Corporation.
John W. Bush, President, CEO and Director
Infinite Networks Corporation
(A NEVADA CORPORATION)
(OTC BB: INNX)
INFORMATION SUPPLIED TO CONFORM WITH
RULE 15C2-11 (a)(5)
January 5, 2016
PURSUANT TO RULE 15C2-11
SECURITIES EXCHANGE ACT OF 1934
RE: Information Supplied to Comfort with Rule 15c2-11(a) (5) of the Securities Exchange Act of 1934, as amended.
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