Intelligent Highway Solutions Inc (fka IHSI)

[blackshirej]

I am the worst person at predicting reverse splits...but IMO, it would be premature since the AS isn't maxxed out. Not to mention, I don't think they could even get an approval from FINRA since they're currently delinquent?

If they got current and posted some updates, I think that alone would bring the bid back and get things trading well again.

Reverse splits in the pinksheets serve two purposes:
1.) To reduce the OS so the company can dilute more (unnecessary for IHSI)
2.) To bring a bid back and get the stock trading again, usually so notes can convert (unnecessary for IHSI if the dilution is over plus can be better remedied by simply going current and reopening lines of communication)

Reverse splits are only temporary solutions as they generally drop right back to no bid in the matter of weeks, except then they also have the stigma of f**king their shareholders over so it's hard to recover.

My $.02.