Intelligent Highway Solutions, Inc. (fka IHSI)

[Burn Notice88]

$IHSI Weekly Recap...

New 1/24/21 Seeking Alpha Price Target of 25 cent (49,900%).
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161147908

Volume/PPS (price per share):
Dec 1-30, 2020: 4.511 billion
Jan 1-24, 2021: 7.577 billion

Note: Nearly the entire float (12.5B) has traded over these past 2 months.

PPS is resting @.0005 just above the 20 day EMA @.000458.
PPS minimal resistance between .000458 and the 50 day EMA, @ nearly .04 cents.

Technical Indicators:
- A/D line (share accumulation) ticking vertical, up after 5 year flat-line
- Breakout Range Long recently flipped green.\
- Aroon turned positive. Last time was Nov 2016 when IHSI reached DZ1
- Four year resistance line just turned positive. IHSI share price rests on green line
- Zero price resistance above .000458 to just under 04 cents
- Bollinger band coiled tightly like a spring, poised to move sp upward
- Potential Breakout (PBO) is positive
- Supertrend Indicates BUY signal
- Support & Resistance Line turned green Dec/Jan
- Wave Trend (WT) is trending upward

Supporting technical analysis:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161158685

Latest Fundamentals:
- Form 13 filed by Fisher Asset Management (hedge fund) taking stake in IHSI.
- TJC Trading, Form 13, Holding 73 million shares
- DAB BNP Parnis -- a French (German-affiliate) Bank holds stake in IHSI
- Full court press by District Court Appointed Attorney to end lawsuit by January 31, 2021
- Cresent Construction Company, Inc. (CCCI) ownership remains in balance
- CCCI last reported revs: $5.5M / $10.6M in backlogged projects
- Recent construction project bid activity by CCCI uncovered in Dec
- Leadership still listed as CCCI CEO at NC SOS
- CCCI Elec & Telecom Div was being est. at NC HQ in midst of lawsuit
- CCCI est. in VA since 11/21/14. Reports filed FYE 18. Inactive. VA registration a recent discovery
- Leadership forms PK Kirk Electrical & Telecom in Aug 2019
- PK Kirk Electrical & Telecom roll out new website in 2019
- PK Kirk pulled in $30K part-year (5 mo) '19 revs
- PK Kirk confirmed at least $100K revs in '20
- Leadership brings DP Telecom, a potential merger target, back to current status Dec 2020 in WY
- DP holds 200,000,000 A/S, but is not yet registered at SEC
- Leadership amends PK Kirk at CA SOS listing 100,000,000 shares A/S
- Leadership registers PK Kirk, Inc. at SEC

Supporting documentation:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161075990

Brief History:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161154668
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143441145&txt2find=accounting

The Energy Piece:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161111489

Current Opinion (*Please do your DD):
This appears a potential R/M (or three-way merger) play. Management is working behind the scene to administratively and operational form two new electrical, telecom and 5G businesses. One business has been in operation since August 2019 and has confirmed $130,000 in revs since initial op. IHSI as a stand-alone is defunct administratively. Last filings were in 2018. Revs were $5.5M (PR) FYE17 with $10.6M in backlogged projects for 2018 from their construction business. A lawsuit forced the official closure / tie between IHSI and their construction arm. The remnants of the construction arm appear to still be in operation today, with confirmed bid meetings and revenue on file (per Duns & Bradstreet). The former owner had est new businesses under a similar name and it appears has continued on. This construction arm is still under dispute after the lender pulled $5M funding. This lender has since been charged with fraud by the SEC. The district court appointed a receiver to handle the wind-down of the lender's operation. The receiver since May 2020 has been working with all companies to settle cases out of court. In the latest quarterly report on Nov 5, 2020, the receiver's goal was to close this case by the next quarterly report. If not, forward for court proceedings as a summary judgement. IHSI had three arms formed: Energy. Telecom/5G. Construction prior to the lawsuit. All partnerships. Agreements. SEC filings, networks established, executive meetings, secured bids, plans, operations strategy, a demo site, etc. were in-place or close to being final. Leadership last texted in the summer of 2019 they were close to reaching a settlement with their lender and had re-engaged an auditor to bring the small remaining financials current. Meanwhile, we wait for the outcome of the settlement which appears close to completion.


Happy hunting, IHSI-warriors!