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Re: ashubra post# 44875

Friday, 12/11/2020 4:42:46 PM

Friday, December 11, 2020 4:42:46 PM

Post# of 50981
It's more complicated than that. And so is the pricing in of stocks in the OTC. There are a lot of moving parts here, and an even greater number of broken pieces. It begins with IHSI business operations forced to leave $5.5M revs and $10M+ in contracts on the table. There were other numerous (potentially very lucrative) partnerships formed with other companies, companies well-established and others that were just budding and where IHSI was expected to take the lead and have a BIG helping hand. Then along came the need for seed money to make it all happen AND IHSI got in bed with a NOT SO scrupulous lender, a lender with a LONG track record of "baiting small" companies in desperate need for cash to grow their business, a lender with a history of pulling the rug out from under each and every small company, after company, after company AND IHSI was one of them...just to take control of their assets and inflate the lender's earnings for their OWN shareholders. TCA did this time and time again, and it KIA'd IHSI's business. TCA took control of Cresent Construction and IHSI had to negate $5.5M of revs on the year AND say bye-bye to $10M in contracts IHSI/Cresent had lined up for the following year. SO yeah, it's a helluva lot more than a simple mathematical equation, just like the OTC is at figuring out a company's stock price.

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