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Re: Kenneth Howell post# 44417

Saturday, 07/11/2020 11:39:02 AM

Saturday, July 11, 2020 11:39:02 AM

Post# of 50981
1/3 of a penny is easily within reach...If IHSI is awarded ownership of Cresent and able to reclaim their revenue. After all, they went through all the proper steps to form Cresent as a sub, they just made a bad decision to pair with an allegedly corrupt lender moving forward...

Per stockopedia, "FINANCIAL BRIEF: : For the nine months ended 30 September 2017, Intelligent Highway Solutions Inc revenues increased from $0K to $3.2M. Net income totaled $7.9M vs. loss of $439K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Gain (loss) on derivative fair value adj increase from $350K to $10.1M (income)."

Per Globe Newswire, "Devon Jones, CEO of Intelligent Highway Solutions stated, "It's time we began discussing the incredible value that Cresent Construction brings to our company. For the prior three months, Cresent finished with over $1.3M in sales. Twelve month sales are expected to exceed $5.5M. Also, Cresent has over $10M in projects backlogged for 2018 already with other projects in negotiations. What has us extremely excited is the future of this division and how it will positively impact the overall business strategy."

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