Intelligent Highway Solutions, Inc. (fka IHSI)

[Burn Notice88]

All just about done

As in the legal side of things, or as in the company is done, as in thrown in the towel? If it's the later, I'd like to present the argument that, either way IHSI was on-the-hook for ~$600K funded to them. If not mistaken, that money went directly to the original owner of Cresent Construction, as part of the purchase agreement, but I digressed.

Continuing, control of the business operation, Cresent Contruction, was yanked away from IHSI by TCA, therein preventing Devon from continuing daily operations, following through on secured contracts (of $10M) and growing the business operations as planned. There should be retribution owed by TCA for pandering and for those predatory lending practices and for ceasing the momentum of operations of Cresent Construction. Suspending business operations, directly affected Devon, Intelligent Highway Solutions, Inc. (the company) and we the shareholder. As part company owner, we the shareholder, should be demanding retribution from the court, as the value and tremendous growth opportunity of IHSI was ripped away from company and we the shareholder. Recall, nine months revenue (2017) was $3.2 million and $5.5 million projected FYE17 and $10 million was in the wings for 2018. All that money was rescinded pending the legal outcome. This IS IHSI's case and should not be overlooked or ignored.

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."