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Re: surfkast post# 16188

Saturday, 10/20/2018 6:31:24 AM

Saturday, October 20, 2018 6:31:24 AM

Post# of 23463
Opinion. Is not always reality...

Such a great invention and the top 10 energy companies, worth billions are not interested.


"We have met with utilities, commercial and industrial owners, and the idea of recycling energy has generated enormous interest."

Potential Multi-Billion Answer to Wasted Electricity
Intelligent Highway Solutions, Inc. (OTC PINK: IHSI) announced today that it has signed a Memorandum of Understanding to acquire 100% of Fazync Corporation. The memorandum means IHSI will own 20% equity interest in the Fazync Phase Angle Synchronization equipment that, for the first time, will allow electric utilities to recycle wasted electricity. The inventor owns the balance of the interest.

The acquisition allows Fazync Corporation the rights to manufacture market and sell the Fazync Phase Angle Synchronization technology. Fazync Corporation will install the Fazync technology system in its new facility in Sacramento, California, that will be a live, real-time operational unit. IHSI is setting up demonstrations for utilities, large commercial and industrial users at our new facility.

Devon Jones, CEO of IHSI, stated, “The LOI that was signed last month with Fazync LLC was the initial step that moved us to taking an equity position in Fazync. This memorandum, and the forthcoming definitive agreements, are a natural evolution, moving our understanding of the technology from market testing to market acceptance. We have met with utilities, commercial and industrial owners, and the idea of recycling energy has generated enormous interest. We are moving forward to demonstrate the technology. We have scheduled upcoming, live demonstrations.”

Mr. Jones continued, “We anticipate having then new facility and the demonstrations ready to go within the next 60 days. Check our Twitter and Facebook pages for updates.”

“It is estimated that 40 percent of all electricity that is generated and utilized at large industrial sites is lost. When installed at the host facility, the Fazync product will allow electricity lost at a large industrial plant to be saved and utilized. We are confident that utilities will learn that by leasing this technology they can extend the life of their grid, protect it from excessive wear, damage, reduce the incidence of power outages that cost the industry an estimated $150 billion a year, and perhaps avoid having to build a new multi-billion dollar power plant,” Mr. Jones concluded.

http://www.intelligenthighwaysolutions.com/intelligent-highway-solutions-signs-memorandum-of-understanding-to-acquire-100-of-fazync/

And the 8-K, that sealed the deal, making it official with the SEC, that 50% of the profits will be shared between TRIPAC (Blockchain Energy Inc.'s subsidiary) and FAZYNC, LLC. https://www.otcmarkets.com/filing/html?id=12482491&guid=KCqZUHxJXW1euyh