Sunday, August 27, 2017 11:02:30 AM
Lets just jump right in, starting with the basics
Company Website: http://www.intelligenthighwaysolutions.com/
OTC Markets link: https://www.otcmarkets.com/stock/IHSI/profile
Barchart link: https://www.barchart.com/stocks/quotes/IHSI
NOW LETS GET INTO THE FACTS!
Most recent 10Q:
LINK:
https://www.sec.gov/Archives/edgar/data/1549719/000149315217009725/form10-q.htm
CURRENT SHARE STRUCTURE:
Authorized share count: 10,000,000,000
Outstanding share count: As of August 21, 2017, there is 6,842,626,916 shares of common stock,
REVENUE STREAM Best way is a screen shot:
Notice the GROSS PROFIT FROM REVENUE! AND THE MAJOR REVENUE GROWTH
HERE IS A TOTAL BREAKDOWN OF DEBT AND ASSETS!
Derivative liability December 31st, 2016 $11,855,072
Derivative liability June 30th, 2017 $1,135,653
-------------------------------------------------------------
Total current liabilities December 31st, 2016 $15,265,943
Total current liabilities June 30th, 2017 $6,247,450
-------------------------------------------------------------
Total assets December 31st, 2016 $1,322
Total assets June 30th, 2017 $2,407,489
THE CRESENT ACQUISITION:
On March 9, 2017, the Company, through a special purpose entity in which the Company has a controlling interest and 80% ownership, acquired the outstanding ownership interests in Cresent Construction Company, a full service general contracting firm. The Company will continue to perform general contracting services as it continues its developments
CRESENT REVENUE
Revenues for the three months ended June 30, 2017 were $1,395,855 compared to $0 during the same period in 2016. The increase in revenue was the result of the Company’s acquisition of Cresent Construction Company
INTELLIGENT HIGHWAY SOLUTIONS FILES LAWSUIT
During the second quarter of 2017, the Company filed a lawsuit in the Superior Court in the County of Sacramento against TCA Global Credit Master Fund, LP (“TCA”) alleging lending fraud as TCA is not licensed or authorized to conduct investment banking or lending business in the State of California under the California Finance Lenders Law and default on the credit line for not having made the credit line available for use. The Company has requested a summary judgement in the amount of $1,730,046 for damages and attorney fees.
THOSE WERE THE HIGHLIGHTS FROM THE MOST RECENT 10Q, EVERYTHING JUST SAID CAN BE FOUND IN THE 10Q
NO REVERSE SPLIT PER COMPANY: http://www.marketwatch.com/story/letter-to-intelligent-highway-solutions-inc-shareholders-2017-08-08
Finally, there is no plan for a reverse split
RECENT HEADLINES FROM NEWS ISSUED BY COMPANY WITH LINKS
These are in Chronological order starting with most recent:
Letter to Intelligent Highway Solutions, Inc. Shareholders
http://www.marketwatch.com/story/letter-to-intelligent-highway-solutions-inc-shareholders-2017-08-08
Intelligent Highway Solutions Launches New Web Site
http://www.marketwatch.com/story/intelligent-highway-solutions-launches-new-web-site-2017-08-01
Intelligent Highway Solutions Signs Letter of Intent to Prove Technology to Recycle Wasted Electricity
http://www.marketwatch.com/story/intelligent-highway-solutions-signs-letter-of-intent-to-prove-technology-to-recycle-wasted-electricity-2017-07-24
Intelligent Highway Solutions, Inc. Brings Securities & Exchange Commission Filings Up-To-Date
http://www.marketwatch.com/story/intelligent-highway-solutions-inc-brings-securities-exchange-commission-filings-up-to-date-2017-07-18
Sometimes its Skil, Sometimes its Luc.
Appreciate Member Marks, and follows.
ALL IMHO
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
