Intelligent Highway Solutions, Inc. (fka IHSI)

[Burn Notice88]

Sooner, rather than later...

It's for this reason, I believe PK Kirk, Inc. will go "on the hunt" for a ticker sooner, rather than later. In fact, they won't have to look very far--with ownership of IHSI within easy reach.

As lucrative as 5G/telecom is, I think Phil may get restless within 3 - 6 weeks after the go-button has been pressed and the 1/A not going 100% to plan. Money and deep pockets are hard to come by, especially in a competitive market with an emerging company. The company may not be worth $5M today, but can leverage employees to scale. In the federal PPP funds, I recall seeing a $59K? per employee valuation so scaling out an existing 3-person team to a staff of 10-, 20- to 30-persons (eventually more) isn't hard to imagine. As employee count grows, the per-person value often rises by sharing knowledge (employee skills) between the teams.

Honestly, I don't expect to wait long at all before Phil pulls the trigger on linking PK to IHSI and trading PK under an IHSI ticker (perhaps a ticker change). IHSI financials weren't far from completion in 2019 and we've seen the efforts of cleaning up the balance sheet over the first 3 calendar quarter's of 2017, ridding the company of debt. Good weather is around the corner and state and federal 5G/telecom contracts are in high-demand and only expecting to increase under the new administration. PK won't want to pass that by. They are already pulling projects and revenue--this has been validated and confirmed via multiple sources. I don't think Phil will wait long to connect the two entities--with his wisdom, industry knowledge, wherewithal and business connections, I see the trigger being pulled on transitioning to a publicly traded company very quickly. In fact, he may waste no time at all...

Notice the S-1/A said, "...within 365 days." Not necessarily waiting 1 year.

I don't think he'll sell much stock in this new adventure, considering the state of his business and the fact he intends to retain a vast majority of the ownership while someone else pays $5M for a small stake in the company. It isn't worth $5M for all of it.

All IMHO.