InvestorsHub Logo
Followers 50
Posts 2001
Boards Moderated 0
Alias Born 01/28/2014

Re: Burn Notice88 post# 40927

Wednesday, 07/24/2019 6:31:31 PM

Wednesday, July 24, 2019 6:31:31 PM

Post# of 50981
That "Value Predictor" is just ignorant...

I hope you don't really believe it.

Anyone with any common sense, much less investment expertise, knows that revenues in the absence of earnings are useless.

Useless even IF THEY WERE CURRENT REVENUES (they're not) AND IHSI REALLY OWNED CRESENT (it doesn't).

Let me keep it simple:

If you own a lemonade stand and have revenues (sales) of $10, but it cost you $20 to buy the lemons plus you had to borrow $100 from your Dad to build the stand, well...

You get the idea. Or at least I hope you do.

On top of that, assigning a 10x multiple to revenue to determine a fair share price?

Freakin' ridiculous.

And I wont even go into the fact that Cresent Construction, absent their sole employee/owner/contractor Dewey Keith Gabriel, HAS NO CUSTOMERS!

In fact Gabriel simply took his initial payment (~$500K) and opened another "general contractorship" under a very similar "Cresent" name, presumably taking his stable of sub-contractors and customers with him.

The whole transaction with TCA was a ruse to give the impression IHSI had some chance of future revenues, in the hope that the stock price would rise and allow them to sucker in more innocents to allow them to sell shares to pay off the IRS.

Even if IHSI were to miraculously gain actual ownership of Cresent, they'd own Nuttin', honey!

And they've lost what minimal connection they ever had with Fazync/BlockChain Energy when VTXB gave them the boot.

And those are sham companies with a sham product anyway.

And BVTK/Bravatek wiped out all their shareholders with a 1 for 10,000 reverse split. On top of that, today they reported ZERO revenue with increasing convertible debt.

They're toast, as is IHSI.

There's more, involving the IRS liens and the $1,5MM TCA Advisory Agreement, but this POS isn't worth my typing to explain it to those who will not listen.

Eyes open all, the BS machine is starting to ramp up again (which sadly is exactly what some holders are hoping for and encouraging).

Don't buy the BS.

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.