Intelligent Highway Solutions, Inc. (fka IHSI)

[Smilin_B]

Some are stuck on an antiquated clause prohibiting the note holders to be paid off in cash. Clauses such as these are meant to be amended as long as both parties agree in writing.

We all know why they opted for .00005 shares because note holders felt secure enough that there would be a market for the shares at .0001 at time of conversion. They risked the odds of IHSI being out of business within their 12 mo restriction period (but for a 100% return), or risking the fact that the company wouldn't have the actual CASH to pay them back. So they chose the lesser of two evils.

But clearly as you indicated, and as was worded in the last update, debts/notes will be serviced by the company by way of revenue and/or more conventional lending terms. Obviously Paul Allinder was structuring this but due to his untimely death, we are not certain as to the present status of his efforts. I for one believe that the AS was increased to margin in past note issuances and make room for potential new issuances, in the event conventional debt consolidation or cash from our revenue stream could not be a viable solution.

Again, if the remaining note holders were offered CASH for their conversions (as payment in full), this would be more advantageous to them because as it stands presently, they are restricted from selling a certain number of shares based upon volume. In an all CASH transaction, they would be able to monetize 100% immediately without these restrictions.

Certain individuals seem to think that note holder agreements are never meant to be amended. In this case, that's precisely what management is stating they are seeking to do.

Love the website, btw

http://www.intelligenthighwaysolutions.com/